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Trading day. Julie hyman has the latest. We are still in the green. We are rising to the highs of the session right now. In the u. S. , we have made up the losses of the last couple days but in the u. K. , the ftse 100 closing up by three and a half percent today. The u. S. Trading at highs, the nasdaq has been a consistently to vote. One in two thirds of 1 . We are looking at a broad average of stock here in the u. S. We have a twoday gain of 3. 2 . We did see stocks pullback by the neighborhood of 5 over the prior two sessions so we havent yet made up the losses that it is a significant rebound. Bluecollar reported the worst of the brexit induced selling in the United States is behind us. So what is driving the buying today . Transportation stocks, weve got a continued rebound up more than 2 as we had concerns previously about the effect of the u. K. Vote would have on global travel, on currencies. Now those concerns alleviating ....
In the equity markets on this side of the ocean, you can see the european markets as well have steadied to say the least but thats about it. After again a nice twoday rally there, although that ftse, a lot of people saying thats not the one to look at. Yeah, its back to where it was before brexit but thats because most of it is international exposure, not necessarily exposure to domestic uk. Lets get to our road map this morning. It does start with a big day on wall street. Its the end of the first half of the year. Weve got a look at the winners and losers and whos poised for perhaps a pop in the second half of the year. Lions gate buys starz, 4. 4 billion in cash and stock. I will give you the detailtss on how the deal came down and what it means for the companies and industry overall. The results are in, we will have a look at the Bank Stress Tests and what it tells us about the strength of the sector. We are heading into th ....
Good morning. It is 8 00 a. M. Out west and 11 00 a. M. Other and squawk alley is live. Good wednesday morning. Thanks for joining us on squawk alley. As were looking at a day where the dow and s p have recovered, their loss for 2016 now in positive territory and well start with the markets. A day after all major averages closing up more than 1. 5 currently extending a second day into that rally. Lets bring insane matthews. Sean, thanks for joining us. Thank you. Good morning. So now the markets in the u. S. At least have made up about half of their postbrexit losses. Do you see a scenario where well get back to that prebrexit baseline or do you think this is where were repricing for now . I think you can definitely see more capital coming in to the markets the equity market. But its really what are the implications long term for brexit and whats going to happen with the eu will be the overhang on the market over the next year or so. So what about the european markets because now were ....
Oil inventories on the way and the fed minutes, 2 00 p. M. Eastern time. Our road map begins with raids overnight in france. More from the ground in paris this hour. And a number of deals this hour. Norfolk southern and Canadian Pacific probably not going to happen. But air gas finds a buyer and a deal among some semiconductor companies. Retail, lowes, target, staples are all out with results. First up, this raid by heavily armed police in france targeted the suspected architect of the paris terror attracts. The operation ending with seven arrested and two dead. Forever more we go to saintdenis and our chief internation international correspondent, michelle carusocabrera. Good morning. Reporter good morning. Were on the street where the raid took place overnight. If you look over my shoulder, about seven buildings down on the left is the Apartment Building where the rai ....