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Transcripts For BLOOMBERG Bloomberg Markets 20160617

Julie the worst week since early february. It keeps accelerating as we had through the session. The nasdaq has consistently been fearing the worst, down 1 right now because we have a drag from large cap tech stock that has been declining. We saw a rebound in european stock and commodities. That is not happening in the u. S. Markets. Take a look at the s p over the course of the day. Stocks opened, they were not down nearly as much. If you take a look at the bloomberg to see the groups on the move, energy chairs and gains we see in oil prices. Tech and Consumer Staples are dragging the most. Particularly tech. Apple is leading the losses within technology after a court ruling in beijing that said the company violated a chinese phone patent. Apple says it has appealed the decision but there are still sparks of concerns. And microsoft have also been declining today. Oliver this has been the week of the vixx. It is interesting, you see the divergence between the u. S. And europe. Up hereei

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