Eisen. Futures taking a lead this morning, so many of these aftermarkets are closed for the may bank holiday. This morning, plunging by about four points on the s p, 24 on the dow. Of course, it comes on the back of slight declines on friday. The nasdaq up. The dow just just let than 2 . S p up 1. 5. The month of aprils performance, the nasdaq was the best up over 2 . The others more like 1 . The story of last week, as opposed to last month with the performance of tech up 4 for the week. That was a part of intel that pointed, last week was under performance of oil. And we saw friday exxon and chevron extend the slide in terms of the Energy Sector performance. Lets have a look at the tenyear treasury note. In and around 3 . Jumped monday on the back of the French Election results which slipped slowly but surely to the week. Then the runoff this weekend as well. And the it will be interesting. Lets get to the Global Markets and market picture. Most european markets are closed for may day
Protesters tell leaders, welcome to hell. We have world coverage. Some harsh words coming out of germany. In seoul, Second Quarter profits should be coming up. Betty we are watching the g20 meeting in hamburg. We have will have insights for washington and across asia, what to expect from those talks and that meeting between putin and trump. This is daybreak asia, live from bloombergs usn asian headquarters. I am betty liu in new york, just after 7 00 p. M. After 7 00is just a. M. Here in hong kong. I am yvonne man. For markets, the stress has been in fixed income. Hawkish talk has brought stocks lower. Check out this bloomberg. You can see the tally what we saw overnight. Classes sold off, in tandem, for the first time in 10 days. This is the s p 500 etf and the treasury bond etf. Last time we saw these moves was 2013. Which has some wondering, is this the start of a taper tantrum . Betty which is exactly what the fed wants to avoid. Have been so careful to say the right things to the
The very latest. A lot of action there as anticipated. And a Health Care Proposal from republican senator ted cruz is gaining apparently some traction on capitol hill well have details on his amendment, proposed amendment and reaction from the ceo of mt. Sinai hospital lets get to our jon fortt, shall we, beginning with some big job cuts over at microsoft jon is in san francisco. Jon . Reporter yeah, kelly, microsoft set to cut thousands of jobs as it focuses its efforts on the cloud, reorganizes its sales operation around that. Its going to be less than 10 of its overall sales force of just under 50,000 people, but cant get a lot more specific than that. Also, some corporate functions connected to sales now, most of these jobs are going to be overseas more than 75 of them. This reorganization, think of it in terms of a different way to approach selling cloud to the enterprise, to finance, to health care. Lots of different specific Industries Microsoft trying to have subject Matter Exp
Part of it across the whole country, learn about new things and feel the power of this solar system we live in. Host we had someone earlier talk about their interest in how the eclipse will affect gravity. What can be learned from this one event . Event,this particular and the right geometry, it thews us to see a part of solar atmosphere that we dont usually get to see, even with special spacecraft, so it gives on somethingnt eye that affects us daily. That is the physics we are trying to get our hands around. The earth responds in the earth in the path of totality. Ocean, vegetation, all that stuff responds. We will have observers across the country making measurements and watching the earthwork. These are some of the exciting aspects of what this eclipse across america can do for us. Includese technology hotair balloons and jet technology. We we have a limited have 11 satellites investigating this with air balloons and there will be the Solar Dynamics observatory. We will be watching
Host brian, thank you for joining us. Guest yes sir, great to be with you. An exciting day, today. Host what are you planning on doing with today . Guest i have a lot of grandchildren and this is the first day of school, so everybody has been busy, making cereal box viewing, the little indirect method of watching the eclipse and everybody is excited. It is going to pass through our and i think its is supposed to be a total. Clipse everybody is going to be excited and they will be coming at other schools to watch and i know there are millions of people that have actually gotten in their vehicles and driven through the path of total eclipse. Why do you think there is such great interest in this event . Reason, it is the encouraging for me to me for this reason because of the fascination people have with science and all things space. We have seen similar interest in the last few years when movies like the martian came out and interstellar and i think the American People are hungry for the