Hsbcs turnaround picks up speed. The bank surges in hong kong as speculation grows around a return to Dividend Payments. Good morning, everybody. It is wednesday morning, just over an hour away from the start of cash equity trading. Lets look at futures. European equity markets, u. S. Equity markets of by more than 1 . And, of course, we have touched the levels key levels. The dow at 30,000, and the s p touching an alltime high at the close as well. Real strength coming into today, in futures suggest we have some upside to play for. Futures all point higher. European futures also to the upside. Ftse futures up by about 0. 3 . Broadly speaking, it is the same as the last couple of days. We are talking about vaccine optimism. The news about janet yellen picked up the appetite. It is into just stocks. We can look at what has happened through the asia session. Some of the markets in asia have turned increasingly negative as we have gone through the session. Parts of asia now retreating. Th
Where they were this morning. Not doing a lot as we wrap up the week. The nasdaq, one point this morning up almost 5 10 of 1 , half of 1 , and now off of those. Green on the screen here. Apple, forw movers, example, one of the biggest gainers, and oracle, one of the as they arers here missing on some of the cloud revenue. That is what i am looking at. Lets recap for the week. Come over and my terminal, you will see we are much higher on the week for all three of the major indices, that is after last week when we saw some losses. We have some risk off dealing last week, revisiting that 2 level on the 10 year, and this week a little bit higher with yields up 15 basis points on the 10 year, so that reflation trade is certainly back on as we recap the week. I also want to look at some other major movers for the week ecowas asked fax, for example, down 5 here at the quifax down 5 tier after that breach. Elizabeth union out this morning, trans union down or elizabeth 4 , warren out this morn
It is a safe haven trade and commodities. David the president is getting out of town, traveling for nine days to five cities in four countries. Marty. I want to start with what the president said, he was going to bloomberg best during the slot. Yesterday, when he was at the News Conference with the present of columbia, he was talking about the investigation. Marco rubio came out and said he thinks the president is entitled to his opinion it, but we are a country of laws. Are they having doubts about whats going on in the white house question about marty there has been a powershift that has been enabled by the chaos that has ensued in this presidency. The establishment in washington, the people who make the government run have taken the upper hand and are the special counsel gives republicans cover to assert him selves and set their own agenda. David as the president goes around europe, as he tries to seize back some feedback. Marty they have planned this trip. Staff is notts shown a tr
Tenyear yield did fall below 2. 3 on the third miss in a row largely better than expected from jpmc and wells and earn,s season kicks off. A big week for retail walmart gets an upgrade from goalsm Goldman Sachs. Financials are driving, but is the real consumer economy primed for a rebound Jpmorgan Chase falling despite posting better than expected Quarterly Results the bank got a boost from lending but hurt by weakness in trading. Jamie dimon says, the u. S. Consumer remains healthy, evidenced in our strong underlying performance in consumer and Community Banking wells fargo with an earnings beat and a revenue miss and citi exceeds on the top and the bottom line. All these names have had quite a run since the election not hard to know how much they deserve today in light of what the macrodata said the results would give me the message that things are on track. Going roughly in the direction expected and theres improvement there. Jpmorgan, 12 return on equity thats one thing that stands
Wounded. I need medic as soon as possible. We severe bleeding out of some of them. Reporter severe patients rushed to the hospital with stab wounds and injuries for being hit from the car, one in critical condition. Police cars, the most seen in my entire life. Reporter fbi with tactical units, a swat team, and a bomb squad, and Law Enforcement said parents should not calltu their loved ones could be in hiding, and a ringing phone could give them away. In late morning, the allclear. Try to keep everybody calm, they did a good job. Reporter as authorities continue to investigate the crime scene, they now believe the sole perpetrator at the scene was the student behind the wheel of this car and are praising that campus officer, now identified as officer allen who took him down. Our officer was on scene in this situation in less than a minute. He engaged the suspect, and he eliminated the threat. Reporter and that officer is 28 years old and has been with the Campus Police force for less