I dont know if its so much will these reports be good i think the question is how good do they have to be well, theyre going to probably have to be extraordinarily good we saw what happened with microsoft already. The numbers were great across the board for the most part. The stock went lower and continued to go lower after they gave the guidance that they gave i think thats part of the elements of what were going to be looking at today, scott, is not only the earnings but what does the guidance look like for many of these Different Companies were talking about, the power four or five when you really look at whats going on there, its still about apple one and the bundling package, i think thats huge it goes back to the idea that this was once a Hardware Company that was mass, rigive and the hardware component was huge. Thats been a good thing because the reliance on that aspect of apple, it stis still there but less youve got wearables and services and all these different areas where a
Or the rest of the world. With Earnings Seasons coming up and a few key Economic Data points later this month, how confident are you in the economic recovery . Great setink we had a of economic figures really since midmay through june when the reopening story was gaining the most momentum. Reports,o great jobs pmi, sales, housing data, all to the upside. Economic price indices we follow are in the u. S. Now at alltime highs. That being said, i think we may have a time of slowing in perhaps in the weeks ahead as Economic Data plays catchup with what we are seeing in the country with a slower reopening broadly. So the job state of this past month captured the time from midmay to midjune. The next jobs report will capture midjune to mid july, when we started seeing thoses likes and those spikes and a pause in the reopening. As you mentioned, we also had earnings starting in earnest next week july 15. From an earnings perspective for two to we are seeing downward for q2, we are seeing a do
Im seema mody in for sara eisen. Good morning. The big story that has everyone buzzing, alabamas dramatic overtile win ovove overtime win in georgia. More on that story coming up but congratulations to them. Commiserations to the losing side first, lets get back to the market picture we did have plenty of record highs intraday yesterday but not all record closes. The dow did close slightly lower for the day. The s p and the nasdaq were slightly higher. The nasdaq led the charge, up 0. 3 gains were slight but they were broad, 9 out of 11 s p sectors were higher. Utilities were the best performing of them and that highlights the boring fle ing n the outperformance tenyear treasury note for you, yields rose yesterday as they were towards the end of last week we have crossed 2. 5 the elusive barrier out of the 2. 4s 2. 5 bangon this morning the shorter end of the curve has been rising fast yields up which supported the dollar but the shorter end leading the charge higher. In asia, mostly p
Murder and other charges. I am emma chandra. This is bloomberg. Bloomberg technology is next. Caroline i am Caroline Hyde from london in for emily chang. This is Bloomberg Technology. Racismbilizes against and hate scos take to social media to condemn the violence in charlottesville. The latest on what they are saying and how it impacts silicon valleys relationship with washington. Past 4000 to another record high. We will track its course into uncharted territory and the reasons behind its winning run. Angry birds is hatching an ipo. Uy in . Nvestors b we will consider options and challenges for the parent company. President donald trump call. White supremacists for their role in the deadly violence over the weekend in the state of virginia, this as the administration sought to counter backlash against the initial though your to directly hold hate groups accountable. President trump racism is evil. And those who cause violence in its name are criminal and thugs, including the kkk, neo
48. 62. The latest developments following the charlottesville attack that many call an act of domestic terrorism. Reporter charlottesville is in shock and mourning after a White Nationalist rally turned fatal. Car ramming into a crowd of counter protesters saturday, killing one woman, injuring 19 others the suspect james fields junior age 20 of ohio is expected to appear in court this morning a vigil was cancelled because of safety concerns. Mourners in downtown charlottesville around a makeshift memorial gathered anyway earlier in the afternoon sunday, attempt by the organizer to hold a press conference devolved into yet more violence and ended up being cancelled as well. Charlottesville has been the site of four such rallies organized by the socalled alt right since may. Symbolic location because of multi year debate ovaer removal of confederate statue. The weekend events which featured tiki torches, nazi salutes, confederate flags, even some companies, maker of tiki torches took to