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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

To be in talks with the u. S. Government to avoid a sale. Lets get started with the quick check of the markets. U. S. Futures coming offline. Down given the rally we saw in the regular session. There was really solid buying throughout the session. A big reversal from the selloff we saw yesterday. The s p 500 saw the best day since june. 500 sectors11 s p up led by tech. Higher. T was also the nasdaq gained. And headingalling toward the 37 per barrel level. This is after it saw the biggest jump since june. There has also been expectation that u. S. Crude stockpiles would extend their streak of declines. We are waiting for the brent open but we have seen it back above 40 per barrel. Of the oil ande gas names here in asia. Lets look at how asian markets are setting up for the day given that we had a rebound we saw in the u. S. Most stocks ending off the session highs. Just half ais percent higher. Sidney futures looking much more positive. We are also getting increasing nervousness when i ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Several u. S. States report record numbers of cases. States reconsider plans to open. To data inadds australia. Shery lets get started with how u. S. Futures are kicking off trading. We are seeing them down. 1 after u. S. Stocks ended in positive territory but off session highs. We have speculation congress will seek additional stimulus. We also have some positive manufacturing data, although not in expansion territory as of yet. The s p 500 finished at the highest level in almost two weeks. Consumer discretionary and tech lead the gains, and the nasdaq composite again finishing at an alltime high. Eight sessions of gains boosted by apple and amazon as well. The dollar declined among most g10 are his. We did get that positive economic data. Improvements not only in the u. S. But also the euro area. Take a look at what oil is doing at the moment. We are seeing wti falling toward 40 a barrel, under pressure right now, really falling from that threemonth high ahead of a release of a key u ....

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