Decision tomorrow. Ok cutting rates during the sars outbreak. Stimuluspecting fiscal measures out of south korea, not to mention a hong kong budget so lets get a check of the markets with our cross assets reporter. Downading at session lows, 1. 9 . The nikkei two to five bringing yeartodate losses to more than 6 . Beensi 300 stocks have paring some of the losses, but still down. Hong kong done more than 1 . Fluctuation in 0. 25 . Ow up 0. 5 i want to look closer at the technicals when it comes to the nikkei 225. When you are in a deep selloff, when does it end . Can bees moving averages looked at as Technical Levels of support. It already dropped to the 50day and 100day moving averages. Moving average currently holding, bouncing off that level. We will see if we can close above it. If not, it could portend a super selloff. Lets get more Market Reaction in korea. David ingles is in hong kong. What stands out to you . On top of the price declines in the south korean won , for example, we
The white house says theres no chance of meeting halfway with china and beijing slams protesters acting like terrorists in hong kong as satellite images seem to show Chinese Forces massed new the border. Talk about wework and its race for an ultimate unicorn ipo. For now, lets get you started with a quick check of how markets closed. We saw the dow lose 800 points, the s p 500 think almost 3 . Sink almost 3 . Every sector almost in the red. We had the nasdaq also losing 3 . It was all of this anxiety over the economy really sending those stocks down. We also had some api data showing that crude stockpiles were rising so that did not help the price of oil. Its about haven demand. The 30year yield also fell yield ands record finished just below that point. U. S. Futures also under pressure, down. 2 , as we continue to see this economic recession fears really gripped the market. Sophie with those recession , the nikkeig large posting a loss of nearly 3 . Haven buying has the yen hovering
To address the remaining six appropriation bills, that includes contentious issues like funding for the pentagon and the department of homeland security. Welcome, everyone. Let go now to the decision 2024 and the tale of two vastly different candidates and almost identical geographical locations. President joe biden and former President Donald Trump both campaigning in the Swing State Of Georgia today at the unofficial start of the general election season. Biden will speak in atlanta this evening. His campaign is also launching a new ad in georgia, a critical swing state. Arizona, michigan, north carolina, nevada, pennsylvania, and wisconsin. And in it, biden acknowledges his age as he targets young voters. More on that coming up for you. Last night in his first speech since the State Of The Union address, he told voters in pennsylvania about his a compliment on jobs. 15 million new jobs in three years. That is a record in american history. Unemployment at a 50 year low. 800,000 new Ma
Return to regular order, which is dc code for bipartisanship to heal the Health Care Battle wound. Trump fundraiser and former reagan adviser ed rollins and army ranger and former obama regional director robin tackled both the Health Care Showdown and the real life hatfield and mccoys white house edition. And did anybody notice what putin did this morning . The white house leader booting we overwhelmingly voting for new sanctions. Hedge fund guru bill has tangled in a bloody way with Vladimir Putin. The ceo helped put the last nail in the coffin as he testified on capitol hill about russias deadly ways yesterday. He is with us live just as the bill has been delivered to the white house. Well ask. Will President Trump sign it . And the house, not waiting for health care anymore as it moves on to tax reform. Freedom caucus mark sanford on about a trillion reasons tax reform is far from a slam dunk. On wall street, look at this. We do have markets at a shot of closing at record highs, eve
Politically motivated media spectacle and promises to fight charges and a corruption scandal. Powered by our 2400 journalists and more than 150 news bureaus around the world. I am mark crumpton. Emily this is bloomberg west preview coming up we hear from california governor jerry brown. We talk elections, the economy, and Silicon Valley. Plus our mutual funds marking down startups . We talk about the rapidly changing funding environment. And lincolns capital was slashed in half. Lead, the story that could set one of the most important precedents is this decade, apple versus the fbi. It has escalated to a new heights with the head of the fbi asking apple to move its vicious guard dogs and apple rallying Silicon Valley allies to its side. Our only concern is with warrant encryption. While there isnt a middle ground i know of that requires apple to go to work for the government, we have a constitution. The constitution is not a suicide pact. It was built to defend this nation. If all of a