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Kenya has never experienced a confirmed case of the disease. The current outbreak has killed more than 1400 people. Fans areraptors jamming downtown toronto. You are looking at live pictures. They are holding a parade for the nba champions. Million people are expected to be in the parade, including Prime Minister justin trudeau. The raptors are traveling in openair doubledecker buses. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 in hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and from around the world we are following. The fomc walking a tightrope betw ....
The chart. One stock that has dragged the dow down is apple. It is up 4 in the past six months, as you can see. A lot of red these days are commodities. In particular the oil market. We are seeing a nice rebound, particularly nine next crude up almost 2 at 46. 05. Read crude is rebounding after the significant top low 50 a barrel. Pimm and that move in the oil markets copy commodity related markets like the aussie dollar. On the bond market and see how treasuries are faring. A little bit of the selloff and the 10 year yield goes to 18, the 30 year moves higher to 288. A little bit of selling in the bond market. Speaking of bonds, lets look at s and p municipal up and you can thetaking a big guys since beginning of the spring, down the index of, puerto rico bonds as the commonwealth attempts to restructure its more than 75 billion worth of debt. We will be speaking with puerto ricos house of representatives, Pedro Peirluisi talkin ....
The s p getting closer to its record of around 2130 on a closing base. The dow up about 67 points but the nasdaq has not managed to gain much traction on the day. Take a look at the s p since the record closed may 21. We are less than a percentage point away from that record close. It is 2134 if you are looking for the intraday record. We will be watching to see if the s p can rate attainment. Ain it. T but get back to the nasdaq as we have seen it bounce around. It is a tight range even though it looks like a big drop and recovery. Its seem to attract does seem to have tracked pretty closely with oil prices. The pattern that you see is quite similar. Oil still hanging onto a gain and holding above 50 a barrel. It has been a level that has been difficult for oil prices to hold. Also we are watching transportation stocks. They are rising at the same time that oil is rising. Thanks in part to the airlines. Pointing out jetblue has raised its domestic fares and other airlines have matched ....
This rally ever since the start of the day. We started in negative territory, but with green on the board you can see we are now at session highs, just coming off session highs right now. The s p 500 up 0. 75 . The dow pushing 1 . The nasdaq up a little more than 0. 1 . This is all happening off of what happened, or really didnt happen, with the fed yesterday holding rates steady. Positive economic data, jobs numbers coming out today also helping. Lets look at what is happening at the dow year to date. Have a positive push by 0. 4 yeartodate here. A similar story, we also saw for the s p. However, i think we were just coming off of those gains into positive territory. You can see we are down by just under 0. 1 here. Backandforth, but generally speaking a positive overall today. Betty positive. Ramy, the weaker dollar created a positive move in commodities. Ramy lets take a look at what the weaker dollar is doing right here. It is down 1 . Betty, with a weaker dollar, for improves the p ....
Sales are a much smaller part of the market than existing home sales. Look at the stock market, we continue to see declines for the major averages. Steady withlatively those declines. You got the doubt leading the drop you got the dow leading the drop. Theave been watching evolving situation of oil and its interplay with stocks. On bloomberg look here, you have Consumer Staples as the least worst group today, but energy is the worst performer, down by nearly 1 . Industrials also following suit. One of the large Oil Companies, if you look at how they are trading, exxon, mobile, we will hear from more of these companies in the next couple of weeks. Halliburtons trading higher. That Company Coming out with preliminary numbers late on friday. Company is booking reportyed its earnings to may 3 from april 26 because the deadl ....