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Right now. We will have analysis with tim fiore. Im alix steel with my cohost guy johnson. Welcome to bloomberg markets. Guy the ism hitting a bottom. The jolts number comes in shy. Mike mckee joins us to break down the numbers. What do you see in front of you. Guy jay powell mike it is down from the forecast. That is a little bit better improvement in terms of jolts. The ism number comes in at 46. 4. Not as good as the 46. 9 people thought. Prices paid at 2. 46. Employment is also down. New orders for ism. Maybe you are right. Maybe we see a bottoming out for the numbers but in terms of the i...

A hard landing. Can inflation be stickier than people think . The odds are higher because of the fiscal stimulus in the system and driving the liquidity with the markets going up. German Business Activity growing for a second straight month as services surge, but it is a different story in france where activity contracts coming in below forecast. Mark your calendars, Prime Minister rishi sunak marks when they will go to the polls. The fourth of july he has an uphill battle closing the gap in the polls good morning, everyone more pmi data coming your way. Eurozone flash manufacturing pmi at 53....

Popping today. Plus, cisco shares popping after the biggest slump in years. And ready for walmart as it gets set to release results this morning. It is thursday, may 16th, 2024. You are watching Worldwide Exchange here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you for being with us on this thursday morning. We begin with stocks trying to extend yesterdays recordbreaking rally. One that pushed all of the major indices, including the s p 500, to alltime highs. Past 5,300 for the First Time Ever and the 23rd record close of the year. Right now, it looks like things may get ex...

In the meantime, lets talk about the price of bitcoin. It has been volatile. Shot up yesterday in a big way and pulled back after blackrock denied the report, becky. Coin telegraph saying u. S. Regulators approved the application for the spot etf. Everybody cheered and went crazy. Coin telegraph later retracted the story and conducting an internal investigation into the inaccurate report. Blackrock reported the application is still under review. Crypto markets have been waiting news for spot coin etfs which are expected to drive investment in the sector if approved. If because we still dont kn...

9 billion transaction to gain full approval. We have full coverage. Plus more from our inaugural screen time event and hear from the ceos of netflix, youtube, and the head of the kardashian clan. First, a quick check in financial on financial markets. We are conscious of what is happening in the middle east, the focus of israel and hamas. Nasdaq 100 down 1. 3 on a weekly basis just on track for a weekly gain. Its third successive weekly gain , longest run of weekly gains going back to early june. Lets see if that is where the holds where that holds. U. S. 10 year yield 3. 6 percent, as Oil Con...