Greg Pennell News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kind of takes the relief trade, if you will, out of the treasury market. Have a vaccine but have to deal with the rising case counts. Its difficult for Bond Investors to show no caution to the wind. Think about what actually has the chance to survive. Jeff rosenberg is joining us right now. What a week it has been in the market, tested in several fronts. Lets talk about credit first. We have the fed and the treasury having a little bit of a spat over the emergency programs introduced this year. I have to say this market has responded quite well to it. What was your take . The the most importan...

The nasdaq was lower but it is catching up. And the dowup. 9 up by about as much. The dollar index is stronger. Still below 93. Two of the better performing stocks, brownforman which is the topperforming stock primarily thanks to a surge in spirits and of course, the Michael Jordan news. Rally,g with the equity citigroups Tobias Levkovich recently raising his target on the s p 500 to 3300. He joins us now by phone. Thank you for joining. We are a little bit higher than that right now. There is going to be a leg lower to this market. It is still going to hold up somewhat into the end of the yea...

On. The s p 500 is still down. 9 . The nasdaq has crawled back to unchanged. The Dow Jones Industrial average, the worst performing index today, 1. 4 down. Click to move in treasuries. 63 basis points on the 10 year. A risk off move today for whatever reason. Of the headlines today is wells fargo, planning to cut thousands of jobs this year. The move may set a precedent for the Banking Industry that has been resisting layoffs. Joining us now is hanna. How many layoffs do we see from the likes of wells fargo every year . Hanna thank you for having me. Wells fargos headcount has stayed steady ov...

Markets. All i have to say is, what a risk on rally we are seeing. The mystic stocks are the big out performers. The russell is outperforming the s p 500 for five straight days. Lift up of 10g a basis points on the 10 year, the highest since march 19. I cannot remember the last time i saw a 90 basis point print on the 10year. Further weakening on the dollar, weaker for seven straight days, nine of the last 10. You wonder what that means for the fed Going Forward. Lets get perspective from kailey leinz. What do you take from this market rally . Kailey i want to start with technology. The nasdaq...

>> it is 1:00 p.m. in new york, 6:00 p.m. in london and 1:00 a.m. in hong kong. welcome to "bloomberg markets." here the top stories we are following from around the world. the s&p 500 set to close out august in the green for its fifth straight monthly gain. the best streak in almost two years. missed major gains. for how long though can this rally continue? two stocks on the red today, oracle and microsoft, as the companies make bids for tiktok. this throws any move into jeopardy and adds pressure to tiktok, already under scrutiny by the trump administration. tennis anyone? grand sl...