Good morning lads, it looks like AG Sessions is going to appoint another special prosecutor, this time to go after the real crooks. That’s the rumor, which was cryptically supported by this tweet by Trump.
I will be making a major statement from the @WhiteHouse upon my return to D.C. Time and date to be set.
— Donald J. Trump (@realDonaldTrump) November 14, 2017
As far as I am concerned, the more Muellers the better. Everyone gets a turn and no one is denied an opportunity to go directly to jail. This is America, after all — land of the free and the brave.
European stocks had been rallying earlier today, but now their mired in mud. The Eurostoxx 50 is lower by 0.36%.
US yield curve 70bps
Nasdaq futures are -4.
As of now, it looks like the bounce you’ve been looking for has been delayed. Here are some other headlines.
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Stratasys beats by $0.04, misses on revs; raises FY17 EPS above consensus, narrows rev midpoint below consensus
Loxo Oncology enters into global collaboration with Bayer (BAYRY) to develop and commercialize larotrectinib and LOXO-195; Loxo will receive a $400 mln upfront payment (shares halted
Kulicke & Soffa beats by $0.14, beats on revs; guides Q1 revs above consensus
Transocean target raised to $13 at RBC Capital Mkts — Number Revisions and Floater Market Update
Qualcomm target raised to $77 at RBC Capital Mkts — Tgt upped as RBC sees potential for higher bid
WisdomTree upgraded to Mkt Perform from Underperform at Keefe Bruyette
Delek US Holdings upgraded to Outperform from Market Perform at Wells Fargo
JD.com downgraded to Equal-Weight from Overweight at Morgan Stanley
Deutsche Bank upgraded to Buy from Hold at HSBC Securities
Home Depot beats by $0.02, beats on revs; guides FY18 EPS above consensus, revs above consensus
Softbank and Uber UBER) have come to a basic agreement on a process for the SoftBank Group to make a future investment in Uber