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As the seasons begin to turn, there could be more deaths and of course serious illnesses ahead. City, we saw the new york rate of positive tests at more than 3 for the first time in months. Lead to possible lockdowns either officially by the government or unofficially as residents opt on their own to stay home again. The Economic Data seems to be turning in our favor. We saw data with regards to consumer spending, Consumer Confidence. It is still a pretty delicate stage right now. Joe there are always concerns people are talking about, the lack of fiscal stimulus, the fact that we might get another wave with the virus. Gains inntinue to see Consumer Confidence. It is hard to see on this chart but it is the biggest one month sequential gain of this headline measure in 17 years. Right now, the arrows are still goi ....
Liquidity conditions. But, fundamentally, this is coming back to a physical problem rather than a monetary problem. Romaine the dow jones down about 3 . The s p. Composite finished in the red. Into the green at the close, about 0. 2 . The only real sector was actually consumer discretionary, but it was a pretty lopsided victory. Namesof the semiconductor actually moving significantly higher, up about 10 index was your outperform her. A lot of names that people think could benefit from the stay at home, work at home environment. Netflix, intel, a lot of those names. Of course, to the downside, we see some of the names in the travel and tourism spacelike marriott, down about 6 on the day. As far as the treasury market, we continue to see some buying. 10 year yield 0. 795. The bloomberg dollar spot index is still higher on the day. 10th street day of games of gains on that index. Still with us, jack manley. Joe weisenthal, scarlet fu, still in their bunkers somewhere. Jack, when you look ....
Levels last week. Joe at one point, the nasdaq down 4 . Up. Ine some stocks are tyson foods, people still eating chicken out there. 5 . Joe real meat. Romaine not the alternative. Scarlet tyson foods up 5 . Jacobs engineering gaining 1. 7 . Lets dive deeper into the marker and into the market action. Luke i like to add a little size and scope to what we are selloff, terms of china. Collection of companies they put together, the median stock has 22 of the revenues. 33 of the basket is capped at tech. The worst trade war related selloff we have had yet. Stocks with a lot of u. S. Exposure have been doing better than the u. S. Wants. Scarlet intraday, the Wti Crude Oil is sliding today along with its peers. This situation had been sparking a flight from risk assets, unsurprisingly. The bt isolated to near vdi wti slid. Lossesd some of the after a drop at the main storage hub persisted. The dispute between the top two economies in the ....
General Public Perception of economic growth, and the like. Romaine we saw it about two points off the alltime high. The dow jones also up 0. 3 . The nasdaq, 100. Scarlet we should mention as well let the russell 2000 did end up with gains, but has been a laggard. 10 below its record high, reached last august. Romaine dow transport is down a half percent as well, so another sector you tend to want to see join the party. Lets dive deeper into the market action. Abigail, get us started. Abigail the s p 500 almost closing at a record high, that during the day putting in on alltime high. Is 3000 a psychologically important level, or is it important for the technicals . We will tune into that at work 40. Lets look at the chart we have looked at since the beginning of june. He goes back to december of 2017 area there is a huge range. The bulls and the heirs bears are really duking it out. The s p 500 seems to be moving into this patt ....
The boeing ceo speaks frankly about industry issues. We are going deeper than normal and i think that is good. We encourage that. We need to keep going steady. Plus, facebook reveals the project that goes beyond social. The coo says the company is ready to embrace it. It is all straight ahead on bloomberg best. Welcome, this is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines and protests in hong kong continue over the weekend. Hong kongs leader made a rare apology, this after hundreds of thousands of protesters took to the streets in the government suspended the bill saturday, but that did not stop more mass protests, demanding complete withdrawal of he bill. What we have not seen a full withdrawal of the bill, but we have heard from ....