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Lets get a check in on the markets. European equities are pretty flat. The stoxx 600 struggling for direction. You heard and the headlines, three key things we heard. The dovish message from Jerome Powell reiterated and we got better than expected data in terms of retail sales and factory output, pushing the 10 year yield up. It also pushed the dollar higher and we hold on to those gains. The question as whether President Trump can have the weaker dollar at the same time as a strong economy. And can he have gains in stocks as the same time as a trade war continues . As you made those comments, the s p 500 took a hit, dropping for the first time in six sessions. Coming up, we speak to the oecd secretarygeneral. Dont miss that interview live. Lets get bloomberg first workers. Word news. The u. S. House voted to condemn comments from donald trump that are racist. Week, he tweete ....
High after stocks rallied following the Federal Reserves decision yesterday to stand pat on Interest Rates. Gold and crude also rose. Bond yields fell as did the dollar. Investors were also trying to make sense of the positive report on the labor market and also the disappointing housing numbers. So the Dow Jones Industrial ga 18,392. The nasdaq added 44 to an alltime high of 5,339. And the s p 500 was up 14. More now on that report on housing, which may be showing some new signs of weakness. Sales of existing homes in august declined unexpectedly. Down. 9 to the lowest level since february. Realtors say theres a simple reason. There just arent enough homes to buy. Diana olick has reporter doug sterling is house hunting in l. A. Im a glutton for punishm reporter but he has no illusions of an easy search. Its fierc ....
Mood. The nasdaq closed at an alltime high after stocks rallied following the Federal Reserves decision yesterday to stand pat on Interest Rates. Gold and crude also rose. Bond yields fell as did the dollar. Investors were also trying to make sense of the positive report on the labor market and also the disappointing housing numbers. So the Dow Jones Industrial ga 18,392. The nasdaq added 44 to an alltime high of 5,339. And the s p 500 was up 14. More now on that report on housing, which may be showing some new signs of weakness. Sales of existing homes in august declined unexpectedly. Down. 9 to the lowest level since february. Realtors say theres a simple reason. There just arent enough homes to buy. Diana olick has reporter doug sterling is house hunting in l. A. Im a glutton for punishm reporter but he has no ....
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