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Transcripts For BLOOMBERG Bloomberg Markets 20160602



julie: you see all three major tool, the quote, and play to influence oil prices. using it for 35 averages are little changed after falling as much as half a percent. years. so that is one strike against them. they will say that they are if you look at the s&p 500, it unified in the believe that the is just shy of 2100. that has been a tough level for market is ok taking care of itself with oil prices racing. the s&p. oil prices rising. 2100 is sort of the upward bound have been bickering about of what we have seen from the who will be the index. secretary-general for the past it has had trouble staying above that level for any extended four years. the current secretary-general, his term is mandated expired period of time. many, many years ago and he wants to retire. they finally chose a new secretary-general. health care shares are on the rise. so some say at least they can you is still energy in the decide something. losing spot here. so they can kick the can down ....

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Transcripts For BLOOMBERG Bloomberg Markets 20160629



the dow and the s&p 500 are in positive territory. let s go to the markets desk where julie hyman has the latest. julie: there was a report this morning talking to a bunch of strategists on tuesday. the brexit-induced selling could be over in the united states, which would be fascinating indeed. still a lot to unfold commodities they come in the .k. we got the next of them pending home sales, down more than anticipated. does not look like that will put a chink in the rally we are seeing today. other kind of 3.7% in may. we are watching housing stocks today. overall we are still seeing a rally well intact today. as funny mention, the dow and the vonnie mentioned, the dow .nd nasdaq and the green last thursday, the rally happened in anticipation of a emain vote in the u.k. of course, that didn t happen and we have this decline. we are not back to the levels we during the close on thursday but pretty close to the levels on friday with the selloff in the wake of the vot ....

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Transcripts For BLOOMBERG Bloomberg Markets 20160629



billion, back on top of the loss we saw of the first few days on the order of $1 trillion for the s&p. 200 billion down dollars ever since brexit happened. let s take a look where he are. up 1.5% for s&p. generally arises since the market open, near run highs today. socks from u.k. to japan, as all as germany, the ftse 100 is up at session highs. it has a race all its brexit happened. the dax is still down. butine it was up 1.75%, it has been down 1.6% since the brexit hit. the nikkei 225 also up. let s take a look at what is happening in terms of some stocks in play today. one would be in the athletics sector, nike up 2.6%. in the premarket, it had actually been down. we are seeing rebound. they reported a four quarter gross margin as well as revenue, which is an estimate of an uptick back into the green. under armour and skechers also rising as much as 6%. tor to transport, i want talk about the airlines yesterday and the day before. we saw the airline sector make a ....

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Transcripts For BLOOMBERG Bloomberg Markets 20160629



trading day. julie hyman has the latest. we are still in the green. we are rising to the highs of the session right now. in the u.s., we have made up the losses of the last couple days but in the u.k., the ftse 100 closing up by three and a half percent today. the u.s. trading at highs, the nasdaq has been a consistently to vote. one in two thirds of 1%. we are looking at a broad average of stock here in the u.s.. we have a two-day gain of 3.2%. we did see stocks pullback by the neighborhood of 5% over the prior two sessions so we haven t yet made up the losses that it is a significant rebound. blue-collar reported the worst of the brexit induced selling in the united states is behind us. so what is driving the buying today? transportation stocks, we ve got a continued rebound up more than 2% as we had concerns previously about the effect of the u.k. vote would have on global travel, on currencies. now those concerns alleviating for the moment. delta and jetblue all t ....

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Transcripts For BLOOMBERG Bloomberg Markets 20160629



let s check in with ramy inocencio ramy:. ramy:we are at session highs of 1.5% or more across the board with the major indices. ever since the brexit, markets to 2.5% since 2% june 23, right before brexit actually happened. the dow is up 1.5%. nasdaq is up nearly 2%. let s take a look at the intraday chart. the s&p, we see we have been on the up and up for the whole entire day. up for0, getting a leg the dia inventory. we have been higher. will show you the imac function, the s&p s 10 sectors and their health, and is good today. green across the board. even up 0.2%. this is, an energy-led rally. commodities are jumping, financials in second position, up 2%, health care, industrials also following similarly. let s talk about energy a little closer. i want to show you why it is moving. it is because of what is happening with nymex crude. it is up 10% off of session highs. you can see we crossed the $50 barrel market in the past 15 minutes, 30 minutes or so. this is on the ....

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