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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

After china said the trade negotiators reached consensus on certain issues. We stay real estate and Consumer Discretionary leading the gains on the s p 500. Drugmakers are losing ground. Hitting session lows. This after a report that federal prosecutors part of a criminal investigation into whether pharmaceutical Companies Intentionally let opioids like communities. All of them the most since august. Falling the most since august. Amanda one read on the economy that could be a good sign ahead of the shopping season, new home sales running at the fastest pace in about 12 years. Data from the Commerce Department from october showing on an annualized basis, 733,000 new homes sold. That is the fastest pace since prior to the credit crisis. Obviously, we have low mortgage also sentiment. Even though we got a read today that was not particularly strong for the u. S. Consumer. We do have shares of best buy surging because it posted data topping estimates in its most recent quarter. It raised

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