our ten-year is at a seven month high as durables crash estimates. earnings from dow components dragging us lower in the premarket. chipotle sinking double digits a big miss on results last night. amazon unveils delivery inside your door with a new smart security camera. we will fill you in. one day after another record high for the dow coke and boeing beating with earnings this morning. jim, there s a lot to get to several companies with a so-called triple play meaning they beat on the top and bottom line and raised guides aance. i think that visa doesn t get enough chatter by anyone it s been maybe one of the most consistent if not the most consistent company in the financial service and tech business once again, it blows things away i was afraid that this would be one of those where it blew it away and people would yawn but it was too good because it s double digit we are seeing some quarters i went over 3m ynesterday it was a clinic, it was so good. some remarkable nu
affected so far. microsoft president said the attack is a wake-up call for government. we are halfway into this monday. trading day and julie hyman is following all the movers. julie: it is now meaning that the s&p 500 is on pace for a record close if it hangs on to this level. although we ve backed off of the highs of the day. the nasdac is at a record high both today and on a closing basis. i don t know if you saw this op-ed op bloomberg news but he talked about the perils of the low volatility environment that we are seeing right now, talking about the encourages in uptick in risk taking. we ve got one of the many measures of volley that we volatility that we look at. the yellow bars are that trading range going back to 2014. the white one is the 20-day moving average and the blue dotted line shows us how infrequently we ve gotten to this low level in terms of that trading range as we site drop again once more. this is just another way to measure the lack of volatility t
election, it was the leading gains and tech stocks and the nasdaq lagging, so we have seen a flipping of the script so far. like trump is open to persuasion? that is what both sides of the argument believe. decidedly against it or for it, i think both sides see many ways he might be on their side depending on how you interpret his remarks. his part oft of principles that came out a little while ago. they are going to push it with mnuchin tomorrow. scarlet: it was not included in wire theyage, renewing the call now? guest: it s because the house , chairman of the ways and means that paul ryan are very much supportive of border adjustment. companies that are supportive of this like general ction general elective general electric, they see this as a way to get tax reform done. they will be satisfied until the president comes out and says there s no way we are doing this. even if they get house republicans to go against it before the next up happens. : if you have some sor
shanghai composite up by 0.2%. the dax is down by 2%. the ten-year yield, 2.24%. a couple of big headlines we re watching. first one, crude prices. wti crude trading higher after the ministers of saudi arabia and russia agreed needing to extend the cuts. including russia agreed to cut output. deciding whether to extend that agreement. a lot of folks will be watching for that. also, a big developing story out of north korea, the company announcing the missile that carried a heavy nuclear warhead is capable of hitting targets in the pacific. the latest launch was widely condemned by the u.s., japan and south korea. the white house calling north korea a, quote, fragrant menace. and urged allies to enforce stronger sanctions. and then on this week s agenda, it say big week for retail earning. those earnings have been not so hot. home depot and tjx. and wednesday, target and l brands. thursday, walmart and gap. also getting results from cisco, alibaba and campbell s soup.
everybody wants to sing come by kumbaya. another wild week of earnings reports. it is not turbulent. we are very stable. ahead on straight bloomberg best. hello and welcome. this is bloomberg best. your weekly review of the most important business news analysis from bloomberg television around the world. signaledbia and russia cuffs are likely to continue. straight to beijing where the oil minister is speaking. the agreement needs to be extended. we will not reach the desired inventory level by the end of june. therefore we also came to the willusion that ending probably better at the end of the first quarter of 2018. but the same volume allocations that were included in the agreement we entered into of december of last year. saudi arabia and russia are making strong statements including a joint statement they will do whatever it takes to get to their long-term goal of reducing global inventory. the market is fresh and healthy. this news came at a good timing