Welcome to power lunch, everybody. Stocks are just off the lows of the day. The dow down b about 200 points. Still on pace for its Third Straight session in the red with apple the biggest drag and gold reaching 1600, its highest level in seven years and utilities leading today on pace for a record close the second best performing sector this year next to tech up 9 for more on where the money is move ng todays market, lets get to bob pisani at the new york stock exchange. Hello, again. Much of damage is cue to apple and theyre worried about krohn kro coronavirus. Exxon mobil, another new 52week low there and also were seeing some of the big global industrials like caterpillar, 3m pretty modest response leon cooperman was saying the the biggest risk to the markets is the u. S. Elections and this is the way a lot of the Fund Managers seem to think bank of america, 150, the biggest Fund Managers in the world. He said that, too. The 2020 election is the number one thing. Were all worried ab
Goes to india for a look at why women find it hard to get paid jobs. Hello and terry Martin Thanks for joining us a push towards a full ceasefire in libya World Leaders gathered in berlin over the weekend for a peace conference they agreed to stop interfering in libya and respect the u. N. Weapons and bargo but after 9 years of war the rival factions on the ground in libya are still refusing to meet face to face. Is a mighty gathered in berlin on a sunday afternoon world powers united in a mission of hope german chancellor Angela Merkel invited representatives of more than 10 countries to press for a solution to the long running conflict in libya. And it was only a few hours before the end of breakthrough no more arms shipments to the war torn country. We can confirm that we have all agreed to respect the arms embargo and will also money toit more closely enough in the stack of continue to hold this in the gun that the fight is. However they havent yet spelled out consequences for brea
Happy tuesday. These are your markets. A lot of the focus this week will be on earnings. We have a lot in the u. S. And europe. Of days awayle from the signing of that phase one trade deal between the u. S. And china. We are still trying to figure out what happens between the u. K. And the eu. There is a lot of speculation. While Bank Earnings c,itif with j. P. Morgan and wells fargo will follow after. We will focus on what blackrock Just Announced moments ago to focus on more sustainability. Lets get to the bloomberg first word news. The Worlds Largest asset manager is upping its push to a greener future. Blackrock will put Climate Change at the top of the investment strategy. Inwill avoid investing companies with sustainability risk. The u. K. Is likely to secure a trade deal with the eu, according to Boris Johnson. He said he is very, very, very confident. The transition phase is currently scheduled to end on december 31. Iraqi leaders privately want u. S. Troops to stay in the coun
Somehow, i sur woman would you fix your tie, please . Vid well, people wouldnrecognis fixed, but ok. Just leave it this way. All right. David iont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. Ipw do you define leadersh . What is it that makes somebody tick . David you are clearly one of the worlds most Successful Technology investors and one of the worlds most successful businessmen. Let me start by asking you about a fund that youre now raising, the vision fund. It is supposed to be a fund of 100 billion . Masayoshi yes. David now, that would be the biggest fund ever raised. So when you told pe ple you were gonna ra 100 billion fund, did they tell you you were a little crazy . Well, some people said. [laughter] david you had a meeting with with a marowho is the deputy prince of saudi arabia, whos now the crown prince of saudi arabia. A
Yeah. I was so close to fall down from the cliff. We almost went bankrupt. Somehow, i survived. Woman would you fix your tie, please . David well, people wouldnt recognize me if my tie was fixed, but ok. Eave it this way. All right. David i dont consider myself aournalist. And nobody else would consider myself a journalist. N to take on the life of being an interviewer even though i have a ivy job of running a prate equity firm. How do you define leadership . What is it that makes somebody tick . David you are clearly one of the worlds most Successful Technology investors and one of the worlds most let me start by asking you about a fund that youre now it is supposed to be a fund of 100 billion . Masayoshi yes. Da now, that would be the biggest fund ever raised. So when you told people you were gonna raise a 100 billion fund, did they tell you you were a little crazy . Well, some people said. [laughter] david you had a meeting with with a man who is the deputy crown prince of saudi ara