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all that to come. julie hyman is with us. we are halfway into the trading day. julie: we earlier saw all three major averages touch records, but the s&p and nasdaq have come down, a pause after this run we have seen for u.s. stocks, with each of the five sessions last week record-setting for the major averages. what s dragging them down today? you can probably guess from the nasdaq s underperformance, it is the big cap tech stocks. .he so-called fang fang s. there were some comments by the french finance minister about a tax on internet companies. it could just be a pullback after the recent gains we have seen from these companies. they are heavily weighted, so it has an effect. we are watching media companies. there was a story in the washington post that the government is going to be drastically cutting spending on advertising for healthcare.gov, related to the aca, and that that could have an effect on tv advertising budgets. , and 21st century fox are in focus a ....
there are a lot of stock movers. it is going to be an interesting start. where live at a saudi summit. we are live at a saudi summit. this is bloomberg. matt. matt: i am taking a look at what is going on with futures. it is going to be very interesting today because we have a situation where u.s. stocks took a big hit overnight. then asian stocks did quite well are doing quite well. it is look like a concern which was led by the biggest tech stocks, the fang stocks falling for five sessions in a row. have european futures down across the board. i want to win out what we are seeing here as far as the u.s. 10 year treasury. we know that bill gross has an watching this 2.4 level that is highlighted here at the white line. his signal for the end of the bull market. we are there yet but we have been flirting with a level for the past few sessions. we are going to watch it very closely. some of the people on the mliv some of the people on the mliv blog are commenting we may ....
high school seniors who came up with the idea for thursday s program. lidya tadesse, 12th grade we can really make a difference and the best way to do that is educating and having an open dialogue. about two dozen people attended. hans wants thursday s discussion to serve as a start to more meaningful talks. nancy hans, executive director, prevention council i look at that as here s an opportunity there are new faces in there. so we want to continue to build on all of this. if you re interested in hosting an event, you can get in touch with the roanoke alliance. we have a link to their website on ours, wdbj 7- dot-com. christian heilman, wdbj7. new tonight, 67 people have been indicted on 188 drug charges in our area. this morning the alleghany highlands drug task force made the arrests with help from several local agencies and state police. those arrested face charges related to marijuana, cocaine and heroin. lynchburg police need your help solving several break ....
police say there will be an increased police presence in blacksburg because of the search. search effort yesterday. and more than 12- hundred searchers neighborhood to pass out fliers. a follow up now: the virginia department of health has lifted a boil water notice in wythe county. the boil water notice was issued after a water main break earlier this week that caused 200 thousand gallons of water to empty from a water tank near route 11. after multiple tests of the water, the health department has determined the water is safe. residents nearby are free to return to with some of these winds look at the wind us twenty nine mylan our wind us hot springs twenty eight bluefield thirty 32 in galax with the roanoke. the last wind us thirty six miles an are you take the temperature take the wind us look what it feels like out there right now would talk about the warm weather this weekend but still been a get through this afternoon feels against only eleven in hot springs at t ....
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