Yahoo is now reconsidering a sale of its main business, rather than a spinoff. Its main web business, that is. We will be getting more details im sure throughout the hour with this scoop again by our reporting team. You can see shares spiking by more than 3 . Broadening out to the major averages today, weve seen quite a bit of bouncing around right now. All three major averages are very little changed, even after that jobs report. Somethings counterbalancing include continued worries over whats going on in china and volatility in the markets there. If you look at the s p, speaking of volatility, over the course of the session theres been quite a lot of bouncing around. The s p get a little more decidedly negative in midmorning before recovering. Just been bumping along a little changed for the rest of the day. Some of the winners during the session include some of the natural gas related stocks, were seeing natural gas higher today. Consol energys, viacom also participating in buying i
Hans hello, i am hans nichols. Welcome to bloomberg best. We have been speaking with the worlds most influential policymakers to get their take on the Business World today and where it is heading. Do you think this downturn means something more sinister for the World Economy . We see this has iced down the downward turn, and i think that is where we are at the moment. We have come out of the deepest financial crisis and we are now nine years out of that crisis. In that time, the global order had reversed. There was policy problems and in and the emergency market, there were new roles, and some used these wisely and some didnt. Now that things are reverting to the old order, the industry countries are doing better than emerging markets. It is a normal correction. It will last for some more time, but i dont think we will see changes with the downward economy. Erik does it feel too good right now that this is just a correction or is this something deeper and more enduring . Stephen it fee
Hans hello, i am hans nichols. Welcome to bloomberg best. We have been speaking with the worlds most influential policymakers to get their take on the Business World today and where it is heading. Do you think this downturn means something more sinister for the World Economy . We see this has iced down the downward turn, and i think that is where we are at the moment. We have come out of the deepest financial crisis and we are now nine years out of that crisis. In that time, the global order had reversed. There was policy problems and in and the emergency market, there were new roles, and some used these wisely and some didnt. Now that things are reverting to the old order, the industry countries are doing better than emerging markets. It is a normal correction. It will last for some more time, but i dont think we will see changes with the downward economy. Erik does it feel too good right now that this is just a correction or is this something deeper and more enduring . Stephen it fee
Hans hello, i am hans nichols. Welcome to bloomberg best. We have been speaking with the worlds most influential policymakers to get their take on the Business World today and where it is heading. Do you think this downturn means something more sinister for the World Economy . We see this has iced down the downward turn, and i think that is where we are at the moment. We have come out of the deepest financial crisis and we are now nine years out of that crisis. In that time, the global order had reversed. There was policy problems and in and the emergency market, there were new roles, and some used these wisely and some didnt. Now that things are reverting to the old order, the industry countries are doing better than emerging markets. It is a normal correction. It will last for some more time, but i dont think we will see changes with the downward economy. Erik does it feel too good right now that this is just a correction or is this something deeper and more enduring . Stephen it fee
Hunt hello, i am hunt nichols. Welcome to bloomberg best. We have been speaking with the worlds most influential policymakers to get there take Business World today and where it is heading. Do you think this downturn means something more sinister for the World Economy . Has iced down the downward turn, and i think that is where we are at the moment. We have come out of the deepest financial crisis and we are now nine years out of that crisis. In that time, the global order had reversed. There was policy problems and in market, therency were new roles, and some it some used these wisely and some didnt. Now that things are reverting to the old order, the industry countries are doing better than emerging markets. It is a normal correction. Time,l last for some more but i dont think we will see changes with the downward economy. Does it feel to good right now that this is just a correction or is this something deeper and more enduring . It feels like a correction to me. Was china in a free