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They all did dip into the red earlier. Strongerq has been the of the three averages. We saw a shift in tone after we got the august isn numbers showing an expansion of the Services Industry at the slowest pace in six. 5 years. 6. 5 years. That caused a Ripple Effect across the market. Take a look at the bloomberg for how that is shaking out among the various groups. Stocks on thecom ride. Tilly companies tend to do well. Financials are lower in tandem with lower bond yields. I mentioned energy as well. , oilf the strongest groups has rebounded bit. There is a deal in the pipeline energy. Acquirednergy has been in a 28 billion deal. It is an all stock deal. Pipelineping the other companies. You are seeing them on the rise as the steel happens. We are watching a relatively smaller deal. They are buying yates petroleum. That is 2. 8 billion. That exposes expands their presence ....
Overnight. Big story. Many markets are still closed for the Lunar New Year holiday, but the ones that were open got absolutely slammed. The nikkei in japan closing down 5. 4 . Its been dropping for five of the last six sessions. Main culprit, the dollar versus the japanese yen, dropping to its lowest level since november 2014. A strong japanese yen, a weak u. S. Dollar. Japans finance minister calling the yens moves, quote, rough, and saying hell be watching it closely. As youd expect, exporters in the japanese market closed down sharply. Toyota, nissan, honda, and sony all among the biggest losers. And check out the japanese tenyear government bond. The jgb. Weve been talking about that for a while. Overnight, the yield fell below zero for the very first time. More negative territory for sovereign bond yields. Its absolutely stunning. And i think the yen point clearly crucial for this nikkei reaction. Lets also highlight the poin ....
Central japan is a step closer. The ukrainian and russian president versus agreed to a deal to end the fighting in eastern ukraine. Vladimir putin says the cease fire will begin sunday. Putin and his ukrainian counter part spent 16 hours together. They talked through the night with mediation from the leaders of germany and france. Poroshenko says hell sign the deal. The rebels also agreed to sign. The separatists have been battling Government Forces since april of last year. More than 5300 people have been killed. A shell killed a number of people at a hospital inspect city of donetsk. The woman in the nut rage case has been sentenced to a year in prison the the case sparked interest around the world, but they only had the chance to film the bus believed to be carrying the women cho hyunah. Show cho had faced criminal charges violating Airline Safety laws. She felt the att ....
Not this month. Home Builder Sentiment plunges as the unofficial start to the spring selling season gets under way. Is it a bad time for the Housing Market . We have all that and more tonight on nightly Business Report for tuesday, february 18th. Good evening, everyone, and welcome. Two big stories leading our broadcast tonight. One, disappointing earnings from cocacola after sales in north america lost some of their fizz last quarter. That sent the stock sharply lower. More on the troubles at coke in just a moment. The other big story tonight, a megamerger in pharmaceuticals. Irelandbased generic drugmaker activis agreed to by forrest labs for 25 billion in cash and stock. Come being t combining two of the fastestgrowing specialty drugmakers and possibly a harbinger of more in the health care industry. The ceo spoke ....
Not this month. Home Builder Sentiment plunges as the unofficial start to the spring selling season gets under way. Is it a bad time for the Housing Market . We have all that and more tonight on nightly Business Report for tuesday, february 18th. Good evening, everyone, and welcome. Two big stories leading our broadcast tonight. One, disappointing earnings from cocacola after sales in north america lost some of their fizz last quarter. That sent the stock sharply lower. More on the troubles at coke in just a moment. The other big story tonight, a megamerger in pharmaceuticals. Irelandbased generic drugmaker activis agreed to by forrest labs for 25 billion in cash and stock. Come being t combining two of the fastestgrowing specialty drugmakers and possibly a harbinger of more in the health care industry. The ceo spoke ....