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Transcripts For BLOOMBERG Bloomberg Markets 20160502

Lets head to the markets desk were julie hyman has the latest. Julie last week beside saw the biggest decline for major averages since february. It looks like a bounceback today. A lot of Different Things for investors to talk about. Manufacturing data came in weaker than estimated. We are seeing it rationing down of Interest Rate expectations. Major averages around the session. The nasdaq is billy hanging onto gains the nasdaq is barely hanging on to gains. Consumer discretionary in the top spot. Financials are helping matters. Amazon is rising for the second straight day. Ceo jeff bezos getting praise from one buffet. Energies laggard down if you look at oil prices, we are seeing a pullback. Interesting that they are not tracking down stock unlike what we have seen recently. Iran exports rising putting pressure on those low prices. Futures are going higher. When to check on currencies. The euro is trading at its highest since the u. S. Dollar up since last august. The dollar lower ve

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