Sector is underappreciated and offers great Growth Potential raising its price target on allianz, aviva, and others. All right. Lets have a quick look at the European Equity markets this morning. Nancy, how are they looking . Looking at the stoxx 600, the picture is flat. This after some minor losses on the index yesterday. Overall, yes, we are looking at a loss of 0. 06 . This does not tell the full story. When we look at the individual markets here, once again were looking at the ftse 100, the star of the show this morning, hitting another record high above that 7200 level. Now higher by 0. 18 . Elsewhere, were seeing a bit of weakness on the german main market lower by 0. 1 . Weakness in insurers after a downgrade in that sector. The french cac 40 lower by 0. 2 . Looking at the italian main market in slightly bearish territory. Lets look at the sectors one by one. Telecoms moving higher by 0. 7 . Basic resources in focus throughout the morning and coming over from the asia session.
Im sara eisen. Im wilfred frost. Its throwback thursday, were throwing it back to funk. I cant believe its already thursday. Neither can i. Short week. Short week. Good to have you back. I dont think i said that yesterday. Thank you. It was an extended new years weekend for me. Lets get to the market action. Yesterday was similar to tuesday. We saw gains, we saw the nasdaq lead the pack, up about 0. 9, the dow lagging at about 0. 3 of gains. The s p in between. The nasdaq already playing catch up. It was the laggard of the big three indices post election. Russell 2000 was strong yesterday. Up at about 2. 5 of gains for the week as a whole. We are expected to see profit taking this morning. Not too much. About 16 points. The dow is called lower. The s p 2 points. The nasdaq 5. Yesterday, lots to focus on. Fed minutes, we got goods orders sales, after the market closed, bad retail releases. Tenyear treasury note at this hour, kind of settled below the 2. 5 level. Pulled back a bit furthe
About thislked yesterday, wide trunk would get the mexicans to cancel the meeting. It is very confusing. We dont know why he decided to put mexico front and center. Questions about mexico and a 20 border tax is what everyone is talking about, and today again he doubled down, insulting mexico and talking about the need for the wall. Johnson, what will theresa may learn from this exchange about how to negotiate with donald trump . She will not be responding on twitter. Guy she has to try to make this a calm affair from the british point of view. She is here to do a number of things. Some of it is domestic politics, and that is maybe where we will talk about trade. Some of it as well is to come here and convince the white house, donald trump that he needs to engage with the international community, that he needs to establish a relationship with a traditional architecture for security, and that is really what the british Prime Minister is here for. It will help with brexit, but i think the
About thislked yesterday, wide trunk would get the mexicans to cancel the meeting. It is very confusing. We dont know why he decided to put mexico front and center. Questions about mexico and a 20 border tax is what everyone is talking about, and today again he doubled down, insulting mexico and talking about the need for the wall. Johnson, what will theresa may learn from this exchange about how to negotiate with donald trump . She will not be responding on twitter. Guy she has to try to make this a calm affair from the british point of view. She is here to do a number of things. Some of it is domestic politics, and that is maybe where we will talk about trade. Some of it as well is to come here and convince the white house, donald trump that he needs to engage with the international community, that he needs to establish a relationship with a traditional architecture for security, and that is really what the british Prime Minister is here for. It will help with brexit, but i think the
A News Conference is scheduled, a standoff with mexico looming. Plus, its a busy day for earnings. We have alphabet, microsoft, intel, all moving in the premarket. And as weve mentioned starbucks Howard Schultz joins us this hour with his companys earnings and a lot more. First up though, another busy day on tap for the president one week after his inauguration. Trade will be among the big issues on the table when he meets with uk Prime Minister may at the white house. Their joint News Conference slated for 1 00 p. M. Eastern time. Still a lot of buzz surrounding the mexican president canceling that meeting with President Trump scheduled for next week insisting that mexico would not pay for a border wall. Within the last hour the president tweeting, mexicos taken advantage of the u. S. For long enough. Massive trade deficits, little help on the very weak border, must change now. Former mexican president fox on with the guys with squawk this morning saying we dont worry about trade. Wev