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is a huge search and rescue operation off of some of the greek islands where we have lost atck of the egypt airplane 2:30 local time last night. is very fluid. we are watching for the aggregation of headlines. we will have a map soon. i know we are going to cairo soon. it is a nation that has seen too many of these accidents. francine: let s get to the bloomberg first word news. here is nejra cehic with more on egypt. jetliner fromtian paris to cairo has disappeared over the mediterranean. egypt s prime minister says he cannot rule out the possibility of a terror attack. flight eight 04 was lost on radar at 170 miles from the egyptian coast. it was an airbus 823. andtian military aircraft ships are searching for debris. we will have more in a moment. iran has launched a charm offensive for europe s elite. their meeting with their european counterparts. they re trying to break a deadlock in investments caused by the few remaining u.s. sanctions. credit suisse says the br ....
big today gain and as you say, don t fear the fed, even in the face of this perception that the fed will potentially be more aggressive. all three averages hovering near their highs of the session. been talking lately about anniversaries of record for the major averages and we are approaching the anniversary of the doubt. it was at a record last may 27 and as you can see, distill trading lower by 1.7%. but since last friday, we have embarked on a significant rally, to thate getting closer record level. what would it have to do to get to that level by friday? let s look at the last week of trading. we have seen the 360 point gain for the dow. it would have to go up by the same again to regain that record status. part of what has power to be stocks generally higher has been the financial group, which has seen this big increase here. we have seen financials move higher along with bond yields. financials still the second worst-performing group year to date, so there is a ro ....
anna, chart me up. where are you going? you a chart to show we have used obviously many times before. but offer a few words of caution about this, it is the eu referendum day here in the u.k.. i know you ll be back in the country later on today. we talked many times, checking the odds of the brexit, the average profitability probability. a lot of people asking about the market fixation, whether it is justify. we heard over recent days over how the number of bets in the past have been going on the leave aside, the amount and size have been for the remain side. these have been skewed by the sizes of the bets on the remaining side, maybe those with more money putting money on that site. a real voting situation, you do not put any money down. you display mark in a box. this will be a time when political betting is shown as something valuable to the conversation, or whether it will be found to be wanting. we will talk about the many ways you can try to get ahead of what is ....
tanks another 98 employees good we are going to see employees. we are going to see the bloomberg taking us out. we are on the euro stoxx up by 1%. the ftse 100 up by 1.1%. the cac up just shy of 1%. in forive start priced european stocks. caroline: significant moves in the euro stoxx 50. check out on the fx market. currently similar moves we saw in asia. on was that risk flooding into the equity market in asia. the british pound up .4%, up against 31 of its trading partners today. the euro up .4% higher. they are one of the most accurate forecasters of the british pound. $1.15. .15 brent crude up 3%. we got a great oil guest coming up. u.s. pulling back production and boosting overall crisis. let s get more on what is happening in the wood of business. first word news with selina wang. caroline could voting has begun in britain s the stork referendum. britain s historic referendum. we will be following all of the action with special coverage tomorrow. the ecb ha ....
comes out in november with this one as the title. ,thank you for being late finding a job, running the country, and keeping your head in an age of s acceleration. tom friedman: the title comes from meeting people at breakfast in washington dc over the past couple of years, and then 15 or 20 minutes late, they say, i am sorry, it was the traffic. one day, i spontaneouslsaid to them, actually, charlie, thank you for being late. because you were late, i was eavesdropping on their conversation. onnected to ideas that was two ideas that i was struggling with, thank you for being late. people start to get into it and they say, you are welcome. what i was sort of doing was giving myself and them permission to be late, to slow down, sit back and reflect. charlie: this is a brief against speed. tom friedman: it really is, but in an age of acceleration. the core theme of the book is that we are in the middle of three nonlinear accelerations, all at the same time, the three larg ....