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July 16, 2024
Vice President Biden is just six electoral votes away from the white house. Bloomberg chief washington correspondent Kevin Cirilli joins us for more. What is the vote count . What do we get over the next couple of hours . Kevin joe biden is just six electoral votes away from reaching the magic number of 270 electoral votes, which would put him at the threshold for the presidency. Within the next 30 minutes, georgias secretary of state is going to give a News Conference, and which they are going ...
July 16, 2024
Despite fears that continue to permit. The bait in the bond market continues. Down five basis points from the 10 year. Out, 47. Ly wiping you will have a lot of paper from banks that lend to producers. We will bring you the latest market moving news from all over the world, from hong kong to washington to new york, our bloomberg voices are on the ground with this morning stop stories. We begin with asia. The death toll is climbing, cases worldwide are above 82,000. Saudi arabia halting religious...
July 16, 2024
Risk to growth, goldman warning this morning that a further spreading of the virus or widespreading of it could completely wipe out corporate growth this year. On the sidelines why Toll Brothers ceo tells jim the next few weeks are critical for the Housing Market so the number to watch is going to be 361 today. If the dow falls by that amountiamount the blue chips will hit correction territory last night at the president s News Conference about containing the virus, eamon javers asked if Financi...
July 16, 2024
Will ask what hes going to do about that. Thatwe look forward to conversation, in europe stocks are up by 3 10 of 1 , volume is good, trade related stocks are doing well. Car stocks are trading higher, the pound is trading lower, mark carney pointing into the direction of a rate cut. Two members voting for a rate cut and the pound reacting to that. We will talk about it later on in the hour. And a massive move in the bond market, six basis points to seven basis points just a moment ago. Bonds ar...
July 16, 2024
Over. 1 treasury yields, this morning were taking a look and youll see that its trading at 1. 5 . 1. 543 to be precise the two year a little higher than that in terms of the yield. 1. 518 this is no way to run a business, obviously. Im talking about torte reform and things like that when one judge can say yeah, 17 billion he didnt. No, he didnt but he could have thats what we deal with in todays with trial lawyers. Now to get to a developing story this morning, i got my editorializing out even b...
July 16, 2024
Painting a rosier picture of economic fundamentals. Joining us is david zervos, looking sharp with the new haircut. David, what do you make of the fact that we have bounced back pretty nicely . Yesterdays reversal and some followthrough today what does that tell you . I think the trade tensions are definitely a story summer liquidity is the story. It was a pretty aggressive 200point plus move in the s p and the interesting thing from the price action for me is the rate market. The rate market ha...
July 16, 2024
The nasdaq is the best performer today. Same company topping both of those, taketwo interactive. It fell more than 5 yesterday after President Trump talked about video gamers in relation to the weekends mass shooting. Taketwo interactive has bounce back from that death has bounced back from that, have reported a great quarter. 7. 0541, underscoring everything today. Yield. N the 10 year bouncing around a bit, but within one to two basis points. Guy the u. S. Treasury department labeling china a ...
June 30, 2024
Recount in that fight for a p g board seat and cisco shares up 6 premarket on an earningsdriven recovery walmart, though, is up sharply in the premarket the dow component reporting better than expected earnings, revenue, and comps, which were the best in eight years. Online sales up 50 . Walmart issued some upbeat guidance for the full year jim, you just said to joe, that Doug Mcmillen may have reinvented this company for real hes done a great job in bringing in mark rory of jersey fame hes done...
June 30, 2024
Reportedly approached 21st century fox to buy all or parts of the company lets get to Julia Boorstin with the very latest. A developing story, julia, what do you know . Reporter the latest is that comcast is in talks not to buy all of fox but certain assets, the entertainment assets it would not include the broadcast network. Likely a similar assortment of assets that disney was interested in, plus sky in the uk and star in india those two International Assets are particularly important comcast,...
June 30, 2024
Sued to be blocked by the Justice Departments antitrust division, having an affect on Corporate America and pending deals. Including our own attempts to sell assets, what it would mean in terms of antitrust, all those deals right now are being recalculated and looked at. Whether these if the Justice Department is not allowing this one to go through, everyone thought it was a slamdunk from antitrust stand point. Would they allow disney to buy foxs studios. They would controls large portion of box...