It is election day in the u. S. 226 million americans cast their ballots in one of the most among jewish u. S. President ial elections in recent history. One of the most tumultuous u. S. President ial elections in recent history. Hillary clinton held a narrow lead in most preelection polls. Her campaign has and armed by federal probes into her handling of classified emails, questions about her familys foundation, and public doubts over her trustworthiness. Republican real estate magnate and reality tv star donald trump, defeated 16 primary opponents and promises to drain the swamp of washington corruption. He has faced criticism for his treatment of women and denunciations of immigrants. We bring you the analysis you need on this historic day. I am joined by bloombergs politics and economics editor, Michael Mckee. In london, we are joined by Alexander Friedman for the first half of the program. Alex, good to have you on the program. First, lets get to the bloomberg first world news. Th
Futures little bit negative here in the u. S. On over in europe, 1. 3 . Y stocks 600, down almost 8 last quarter, switch on the board. Global market being reduced to what feels like one big fat trade. Stronger euro. Score card and treasuries ahead payrolls. Yields pushing higher by two bases point. Crude prices down by 2. 43 . The bottom one, bought to you by saudi arabia. Love these little. Ponsorship we will start getting money. Justt to point blackberry cents a, loss of three share. Lets get a check of the headlines. Starting with saudi arabia is getting ready for the twilight oil age by creating the sovereign fund. Themmed bin salman said fund will control more than 2 million. Asset will be shared. At the Nuclear Summit in the focus will be on islamic state. President obama will try to efforts from again oh keep getting nuclearettin facilities. And new york are with the first states with the 15 minimum wage. Approved in california the higher wage to take effect 2022. L by governor
Them. Brendan Benjamin Netanyahu says it will lead to a Nuclear Armed middle east. Investors are bracing for a market to drop at the open after fridays jobs report. Employers added 126,000 workers in march less than the most pessimistic free throws in Bloomberg Survey of economists. An outside review is slamming Rolling Stones story about a gang rape at the university of virginia. It is calling the story a failure that failed to follow basic journalistic practice. It unraveled and Rolling Stone retracted it. The review said it may have spread the idea many women invent rape allegations. The editors and author will not be fired. In california Governor Brown is defending his order for mandatory water cutbacks. The drought is in its fourth year and brown has ordered towns and cities to reduce consumption by 25 . He tells abc news it is not just a california problem. Governor brown the weather that is in california will show up am other parts of the world. I can tell you from california th
190 plus countries where buyers are located. There is still no word on what the ticker will be or which exchange is getting the listing. The underwriters include swecre suisse, jpmorgan, deutsche bank, goldman sachs, Morgan Stanley and citigroup. As you heard at the top of the show, the Major Driving force behind the earnings for disney was the blockbuster hit frozen. Studio income quadrupled to 74 million. Bob iger says the company is increasing the presence of the characters at their theme park. Iger by the way will be appearing on squawk on the street later on this morning, 10 00 eastern time. Disney shares marching higher once again. Well speak with an analyst about those results and if disney is a good buy for your money in just a few moments. Are you a frozen family . Huge. Elsa, hans, kristoff. He likes the snowman. Olof. We should get a video of olof. We were at the pa, in february. It is amazing. If you ever went to epcot, the norway thing, they have all these characters there