Guy the university of michigan giving indicators of consumer confidence, pretty much in line with that except for the Current Conditions number, which looks a little light. It is up in terms of where we would expected to be normally, but nevertheless, you have an 82 print there but and citation of 85. 84 last time. At headline number coming in 72. 5, little lighter than the 72. 9. To 10ion 2. 6 five years years out. Basically everything in linux of the current number. Alix we are a little worried about what is going on. Underwaye call is right now, started at 10 00 a. M. They are reporting some good news in guyana. It has been a huge boon for hess is hard tobut it emphasize how bad this quarter was four at chevron and exxon, particularly with exxon not writing down any assets. Joining us is mark stoeckle, adams funds ceo and senior portfolio manager. It is always good to see you. I want to start on tech. Numbers were amazing. Companies made made billions of dollars. On the flipside, pe
But the leadership of mount sinai, new york presbyterian, new york confronts 599 deaths yesterday. Us thatis just telling spain actually showing increasing deaths moments ago. I think you are going to see a little bit of dispersion in the data daytoday. The u. K. Has had a couple of days when the death toll has come down, but i think there will be some degree of variance, particularly as it shifts its epicenter in terms of the regions it is affecting. In the u. K. , the epicenter is moving to birmingham. They are looking to get another hospital up. Which, we are may be going to see spikes and troughs when it comes to the data. The story of the data is dominating dominated by what is happening over the river where the Prime Minister is still conscious but receiving oxygen. Dominic raab, first secretary of state, and the foreign secretary taking over the role of Boris Johnson. He will have to maintain consensus in cabinet, a difficult time for the u. K. There is in creating increasing ch
Qualcomm a downgrade at Morgan Stanley saying basically the underpricing has gone away, that qualcomm is pretty well priced at this point. Walgreens is a interesting one because there may be a bid out there according to people familiar. Walgreens is getting a bit and barons over the weekend mentioned Warren Buffett. Todays story were reporting is k. K. R. Will make a bid for walgreens. Guy alibaba set a single day cord, its a value record of 268. 4 billion yuan hitting the bloomberg terminal the last couple minutes. Showing you what European Markets look like, light volume on the other side of the atlantic due to veterans day, bond market closed and European Market is flat and the london market is down but pound is up. 7 . If you look whats happening with the havens, vonnie, gold trading down by. 6 of 1 . Vonnie protests in hong kong intensifying as Police Fire Tear gas after the shooting of a protester increased tensions. Carrie lam addressed protesters saying violence could leave hon
Spilled in the road along interstate 80 near cummings parkway. Traffic is moving along in both directions not too many cars out there. They might have just cleared that debris. Westbound 580 from 205 tosix 680, 30 minutes. We have some sunshine in our inland areas, mount vaca, isnt this gorgeous . Its summertime in the bay area. The sun is making an appearance official sunrise was at 5 50. And at 6 01 were socked in. Thats your typical june gloom at the coast into the bay. Marching inland this morning, but not quite as widespread as 24 hours ago. This is the coolest temperature i have seen all week in santa rosa at 47 degrees. Otherwise its 60 now in san jose. Thats a big gap in the temperatures. Heres the marine layer. More compressed this morning at 1100 feet compared to yesterday at 2,000 feet and notice it doesnt supreme as far to the north as 24 hours stream as far to the north as 24 hours, it does to the south but not to the east. Well see earlier burnoff today. Mid60s in pacific
Is a huge search and rescue operation off of some of the greek islands where we have lost atck of the egypt airplane 2 30 local time last night. Is very fluid. We are watching for the aggregation of headlines. We will have a map soon. I know we are going to cairo soon. It is a nation that has seen too many of these accidents. Francine lets get to the bloomberg first word news. Here is nejra cehic with more on egypt. Jetliner fromtian paris to cairo has disappeared over the mediterranean. Egypts Prime Minister says he cannot rule out the possibility of a terror attack. Flight eight 04 was lost on radar at 170 miles from the egyptian coast. It was an airbus 823. Andtian military aircraft ships are searching for debris. We will have more in a moment. Iran has launched a Charm Offensive for europes elite. Their meeting with their european counterparts. Theyre trying to break a deadlock in investments caused by the few remaining u. S. Sanctions. Credit suisse says the bricks of boat has alr