He built up. Incredible work, turning around best buy and positioning it as amazon came in and took a lot of market share. Romaine he did that, but the person standing beside was corey perry. We will let you know once we get more details. In the meantime, stock market closing higher. Record highs all around. Lets check in with our reporters as they monitor the different stories out there. Im thinking about something ,ou and joe were talking about the week. We may have record highs, but there is some defense going on. The best sectors for the s p 500, utilities up top, nearly 4 . Even though we have alltime highs, the s p 500 is coming on defensive sectors. Real estate is up 2. 5 . Rates are about flat. Typically these would do well if rates were going lower. Of the growthome sectors here, tech and materials. This is a longterm chart. Utilities tend to do better at the end of the markets. To2000, the peak was closer the end of 2000. 500 peaked in p october. The fact that we have all thi
President street tweets with one of his own. He says you dont believe in Climate Change so you are excused from the conversation. Saudi arabia has offered a number of senates to open success. They cut taxes on the oil giant for a third time and may boost dividends again and will award investors for holding onto shares longer. Shares will be lifted. Sales were hit by lower oil prices. Global news 24 hours a day on air and at tick tock on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york and 6 00. I am vonnie quinn. Welcome to bloomberg markets. Here are the stories were following. Potential listed by u. S. China trade deals. Exactly 365 days until the u. S. President ial election. We will explore how the economy will influence the polls. The best business in the country. The topranked school. Highlights of our interview. Straight to the record. Joining us is our money and treasury r