House speaker blocked his bid for a monday vote. Its election day in canada. Prime minister Justin Trudeau looks to retain power but loses his parliamentary majority. Kathleen later on, Bloomberg Technology global link. We will discuss the bailout plan for wework as softbank is said to be taking control. We are taking a look at how u. S. Stocks ended today. A big day for the s p 500. A gain seven times of 1 . It gained to 7 10 of 1 . Over 3000. Importantly, it is getting close to its alltime high in july at 3025. 3006 on the s p 500. Nasdaq gaining 9 10 of 1 . Apple hit a new record. Pharmaceutical surging as they reach opioid settlements for thousands of complaint ands. The Dow Jones Industrial average lagging the other gains. 2 10 of 1 . 26,827. You. Can blame boeing. The second day you can blame boeing. The second day. When you stand back, and a lot of positive impetus today as more signs emerge that a trade war, even if it is a phase one deal which can be a sign between President T
A bad idea that directly contradicts the statement from sunday that was released by the white house 1st announcing this attack was imminent when the white house said that President Trump and turkeys leader erda once spoke on the telephone they acknowledged that turkey would soon be moving forward with its long planned operation into syria so theres a problem with those 2 statements theyre directly opposing one another and youre right that sunday statement seemed to greenlight this operation by turkey and what this also signals is that the United States seemed to be fully aware of the scale and the scope 2 of the operation we havent had a statement as late as tuesday from the pentagon where they had continued to press articulating that stablish in a safe zone was the desired course of action in order to maintain stability and yet there was also an acknowledgement that turkey had rebuffed that suggestion so there is a bit of a problem with these 2 statements in fact there is a lot of cri
Fierce. About 90 miles east of daytona is where it sits right now after really devastating the bahamas. David i dont think we still understand the extent of it. It is really tragic what happened in the bahamas. Theres a lot of rain and water coming. The storm surge they are worried about up and down the coast. Alix in the markets we are paying attention to the broader political sphere. 8 10 upres up by by 0. 8 . The cable rate up over 1 . Yields in the u. S. Now up by three basis points. Commodities, buy everything but the u. S. Dollar. Time now for the global exchange. Joining us in hong kong is bloombergs chief north asia correspondent stephen engle. From outside westminster is bloombergs anna edwards, and from new york is bloombergs michael mckee. First we want to start with hong kong, where leader carrie lam announced the government will formerly will formally withdraw the extradition bill. M the government will fully withdraw the bill in order to relay consent. Alix can we say the
Lets check in on your markets and see how things are doing in terms of yields. You can see the u. S. 30 year yield coming down further. 1. 96 . Yield at. 98 . R i feel like i must be seeing something wrong because that would be insane. It is actually 1. 47. Im sorry, italy, thats what got me off track. I thought i was looking at u. S. Treasurys, that would be nuts, dropping 50 basis points in minutes. That is the italian 10 year coming in below 1 . With stocks opening down and turning higher after we had some positive trade comments out of china. Lets get first word news in new york. We begin in italy, where conte will get a mandate to form a new government after the former alliance collapsed in chaos. The new administration will include the fiveStar Movement and the democratic party. Those rivals have little in common other than a desire to avoid an election. Country isa, the looking to extend maturities on over 100 billion of debt. They want to delay repayments to the imf after a col
Approach to this roller coaster ride. And after some fairly uneventful president ial debates, twitter is out with a new label that flags tweets that break the rules. The move might even make donald trump walk a fine line on the social site. Tesla set a new record for quarterly vehicle deliveries, on handing over 95,000 vehicles tuesday to customers in the second quarter, beating average analyst estimates. This is due to accelerated shipments to europe and china. And u. S. Consumers rushing to buy sedans before the tax credit is shrunk in half. Elon musk told employees the company is close to setting an alltime record, urging them to go all out in the last days of june. Taylor riggs caught up with an analyst and bloomberg correspondents on tuesday. On the model 3 side, this was a blowout quarter and exceeds everybodys expectations. I think you sort of had this upanddown quarter where you had a trough of everyone getting concerned about demand for the model 3. Toward the end of the quart