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Notched the first record close since november of 2021. It was up. 90 . It wasnt the only index to set a record. S p was up, too. The 14th record of the year. The dow broke a threeday losing streak and trading off. 75 . Nasdaq 100 set a record yesterday. If you look at treasury yields on this first trading day of march, you see the tenyear yielding 4. 227. Twoyear yield at 4. 58. And Congress Passed the shortterm funding bill sending it to President Bidens desk last night. It averts a partial Government Shutdown that would have happened this weekend. It is part of the broader bipartisan deal to push back the deadline for 6 of the 12 spending bills tofund the agencies until next friday and the remaining six until march 22nd. New York Community bancorp shares pl ....
Coauthor of the new book. Thank you for joining us. You wrote this book with another , sir alex ferguson, the legendary former manager of manchester united. One of the most revered names in football, soccer. What do you to this project as a journalist turned tech investor . I always followed united, not as a raving fan, but i follow them through the years. Working in Silicon Valley, working hard to build support, i was very curious about organizations that had succeeded for a very long time and performed at an extremely high level and particularly those organizations that had been run by one individual, and there are just not that many of them. You have been passed with picking undervalued assets and making them possible. He grew up in scotland, and i grew up in wales. Both of us having outside mentality and also a fair amount of a big work ethic. He is credited with transforming this faltering club into a 3 million public company ....
That happening . David all of that next on bloomberg best. David hello, i am david gura. Welcome to bloomberg best. A weekly look at bloomberg elevation and analysis from around the world. Lets start with a day by day review of the top headlines. On monday, the markets started like the week before, with a big selloff. Stephanie an unbelievable day. At one point, you had the nasdaq off by 3 . But into the close, stocks made contributed to a rally. The s p only off 26 points. The dow only up 177 points. And ugly day, but it could have been worse. What you attribute the selloff to, what is going on . There is more anxiety about the financial sector. Even a few weeks ago, it is a relatively new development. The focus is mainly on european banks, but a few things have been driving markets lower. Last week, most of the economic data, even the u. S. , was on the soft side. It is reinforcing concerns about the health of the Global Economy ....