United kingdom, the issuance of a gilt with a negative rate. Francine we have been debating negative rate for a couple of weeks since Andrew Bailey said they cannot rule it out. Is at theates forefront of the next debate. , they say thise is a terrible idea when it comes to pound and then you have a brexit dynamic. Negotiations are not going well. Andrew bailey testifying in about three hours and a half from now. Tom adrian paul from Goldman Sachs publishing moment ago, and asmakes a sharp Distinction Service sector disinflation. In the united states, we see goods deflation and disinflation for some time but a 3 persistent Service Sector their inflation in the united states, adrian paul looking at the information saying maybe not. Service sector deflation is here. Join us fory to moments on the conundrum of small and mid cap. News. Ur first word ritika President Trump and republican progression a leaders congressional leaders are Standing Firm against another round of stimulus. The pre
Aforementioned yahoo . They were just talking about it. Well get you ahead of all of the trades. Mandy has gone down to the heart of the action at the New York Stock Exchange. Hi mandy. Its a down day, as you said but being driven by a few stocks as you mentioned. Ibm and United Technologies for more than 100 points of the dows drop. Bob pisani joins us here on the floor of the stock exchange. We did not color coordinate ourselves. But it looks good. A happy coincidence. The important thing is if you look at ibm and United Technologies, put them up for me, they are about 120 points to the drop in the dow that were seeing today so very very unusual action, and thats why the dow is much weaker, for example, than the s p 500. We are having a problem, again. So in the First Quarter, put up whats going on with United Technology and ill show you this. In the First Quarter the big problem for Multinational Companies was number one. Week Global Growth particularly china and secondly the strong
That means for mortgage rates, housing markets. We went below 2. 2 down to 2. 19 . And four big threats to the american economy. They all begin with the letter e. Energy, ebola, earnings and europe. We will look at all four of the big es. That used to be known as elven hayes. 2. 2 should be the low for the ten year. Anything below that he said would force the feds hands into action and said the fed cannot tighten now due to the risk of deflation. We have been talking about that especially with energy and looking for a bounce for stocks. Of course, not bouncing but falling has been the oil market. Brent and crude. Now down 19 . The transports are bouncing back along with the Dow Jones Industrial average partly due to the drop in oil. They are up more than 3 although the transports are down more than 2. 5 in a week. Its been a very interesting trading session. We have a little more stability and bob joins me here on the floor of the nyse. He said he thinks alibaba put in the top for stoc
Starts right now. Liz good afternoon, everybody. Im liz claman. The last hour of trading. The dow and s p are on a roll. Both on track to end higher for the fourth consecutive day. It may be the longest winning streak since back in april, april 30th, and the longest for the s p since may 15th. Two important things that were watching all our long. The nasdaq composite finishing above 3,500, here is where you see it right now, you can tell. If the nasdaq itself moves higher, that is what it will become a 3,500. Its highest close in nearly 13, not months but years. Well, on track for its Third Straight record close hitting a high. What is driving this so quickly . Investors are optimistic about the new earnings season. Alcoa, we saw this yesterday, the first member to report earnings and said a positive tone for the trading day because it beat the bottom line. This morning Wolverine World Wide reporting better than forecast earnings in the outlook shares of the big shoe conglomerate looki
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