Keeping track of todays top stories. Gerri willis standing by there on the floor of the new york stock exchange. Jeff flock is out in milwaukee. Gerri, with the records being set, we start with you. So hard to keep up with all the information, right . The market is on fire. The dow on pace for a second Straight Record close. This is the third of 2019, led by united health, home dethe. These are the weekly winners. J j big headline, johnson johnson, the stock diving after we learned that the department of justice is pursuing a criminal investigation into the company there. The biggest dragger on the dow, shaving more than 40 points off the blue chip index. Big headline there, originally reported by bloomberg. Intraday the s p on fire, closing out at 3013 as you just said. On pace for the record straight close. It is 10th record close of the year. The markets are on fire. Everybody down here amazed at the performance. You have to love it. Nasdaq on pace for a record close as well as we c
Mark welcome to surveillance, im mark barton in london. The stoxx 600 is up by 0. 9 , rising for the fourth day in five, contract for the best week since december, 2016. The european gains surging 2. 8 . Year, coming. S. 10 down today, breaking below 2. 9 , is where we are today. We closed above 2. 9 percent yesterday, the highest level since december 2014. Today, export and import data. Spot indexrg dollar is lower today by about 0. 25 . Sincee lowest level december 2014. A growing number of economists forecast the fed will step up the pace of rate increases. The u. S. Twin deficit becoming a likely catalyst for a new wave of dollars selling after a brief respite, i say a brief respite in february. This is coming up on surveillance today. We talk with the chief executive of metro bank. Withr, we talk the 10 year ylagos. Mateos taylor riggs joins us from new york. Reporter the u. S. Senate has blocked four immigration proposals, leaving a bitter impasse over how to protect 1. 8 million
Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the nikkei and the ft group really trying to capture new sources of revenue. Media companies have been laying off workers while also pushing their paid online subscriptions as part of their survival strategies. Now, the consumers
The Financial Times is one of the worlds leading economic newspaper. Its circulation was 137,000 last year with 70 of that from online subscriptions. Just general surprise and big news. Yeah, pretty surprising. Im hoping that through the new ownership the quality of the reporting from a business perspective is going to improve. Nikkei issued its first paper in 1876. The Japanese Firm seeks to bolster its Global Economic reporting through the acquisition. It also intends to use the ft groups Customer Base to strengthen its digital operations. Nikkeis chairman tsuneo kita said hes excited about pairing up with the Financial Times. He said both firms share economic values. Well the newspaper industry is suffering from shrinking circulation and advertising revenue. Ramin mellegard joins us from the business desk. Whats behind the planned buyout . A lot of focus, a lot of interest on this story, catherine. Both the nikkei and the ft group really trying to capture new sources of revenue. Med
Online ad revenue jumping 73 , users talk to hundred 60 million. Mark zuckerberg defended facebook from accusations of a liberal bias. Said conservatives are important to the social network. ,ollow me on twitter rishaadtv using trendingbusiness. The trading day under way at the bottom of the hour. Look of what is happening so far. Digestingan markets , underpriced or do we have to reprice expectations. ,ed funds futures went from 4 now over 30 of something happening in june. Feels like some uncertainty. Tokyo leading gains, up. 5 . Ae yen weakening to threeweek low against the dollar, the dollar surging to a sevenweek high, a bit of relief when it comes to exporters. South korean shares down 3 10 of straightmonth of declines at the factory gate, the slowest paced and one and a half years. Added as welljobs as unemployment inching up 5. 8 or zend, new zealand down 4 10 of one person and, a bit of selloffs in emerging markets, equities, currencies, along side that revelation that they co