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Memorial day. Katie and Katie Greifeld in new york. Welcome to Bloomberg Markets. Look at markets on this friday, green on the screen after a disappointing day on thursday. S p 500 higher by. 4 . It felt by. 7 yesterday. We are marginally lower for the week. A look at the nasdaq 100, higher by half a percent. But russell 2000 current the higher by. 6 or so. Lets drill down into eli lilly, boosting its weight loss drug supply. The farmer giant was meant 5. 3 billion will spend 5. 3 billion to make the main ingredient on its with loss drugs. The popularity of this shot has led to shortages. Gami...

Also tonight, donald trump is wasting his time in the bronx, following a Head Spinning week as a criminal defendant. Purveyor of nazi rhetoric, and bald faced liar that he was a target for assassination. Plus, how ron desantis fresh from his humiliating president ial campaign, is coopting the Civil Rights Era term Freedom Summer, to push his hateful agenda. We begin tonight with a very stark reality in america. Elections have consequences. And because this country elected donald trump in 2016, we have the most Extremist Supreme Court in modern history. Yesterday, the niemsz reported that Justi...

Reporter good morning, maria. Thats right, the crossexamination of the prosecutions star witness disbarred Attorney Michael Cohen is set to continue this morning and we expect this is going to be the prosecutions last and final witness so well soon see whether the defense is going to put up its own case and call any witnesses. Of the witnesses that are possible, one possibility is attorney robert costello, costello offered advice to cohen after cohens home and office were raided in 2018. Costello says cohen claimed then trump had nothing to do with the Stormy Daniels nondisclosure and cohen is...

Said that the historic move is pressuring commercial loan demand. Lets get a check on the markets, which continue to move lower, the dow down 278 points, nearly 1 . A greater decline for the s p 500. And the nasdaq down 1. 3 , similar for the russell 2000. And here in some ways, here is the big culprit. Treasury yields keep moving higher, and its across the board. Yesterday, the twoyear popped up to its highest level since 2006. 5216 is the latest. The fiveyear joining that at a level we havent seen since 2007. 493 lets call it. The tenyear pierced above 4. 90 today. And the 30year beyond is a...

Of technology. Were worried about it inflation, no doubt about it but were hopeful about how Artificial Intelligence can bring all costs down we dont like housing prices staying stubbornly high. But we see how amazon can bring down the prices of drugs and groceries. Thats how ive come to view this market. We get the crucial price index tomorrows game and. The dow dipping 81 points. The nasdaq advancing 0. 9 . We did break the dows winning streak, though the last down day was april 30th thats pretty darn amazing we want to look at this moment as a dichotomy we want to say sure, the drug prices ...