Listen: Bloomberg, Jeff Bellinger And Goldman Sachs discussed on KYW 24 Hour News
"Now, it's money news on KYW. Here's Bloomberg's Jeff Bellinger. The Dow NASDAQ and p five hundred each fell about a tenth of a percent in Monday trading. Patrick Pelfrey of Credit Suisse tells Bloomberg radio economic indicators have weakened recently, but that's something positive towards a more distinguishable detecting, not towards a recession and that has been a key catalyst for volatility coming down in the market moving higher week spec. That trend to continue more important earnings reports around the way before the markets open this morning, Bank of America's results will keep the financial sector in focus. Investors disappointment over the numbers from city group. And Goldman Sachs got some of the plane for the Monday losses. United health and Johnson and Johnson are also among the company scheduled to report this morning, Heineken and. AB inbev for scheduled to start the first of two patent infringement trials over recyclable beer kegs today. Both brewers want the US market to themselves. The kegs can help smaller pubs keep beer on tap"