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Transcripts For BLOOMBERG Bloomberg Go 20160520

Over in europe, snapping back, all of yesterdays post, up 1. 2 . The dax fell. Eurodollar, 112. That is not much ammunition. They need for the g7. It is a weaker japanese yen. Yields up a little bit. That is a market that is stabilized. Up a basis point. David lets check in with our bloomberg team. Mike mckee in new york on a possible summer rate hike. We will look at Goldman Sachs to annual meeting we will look at goldmans annual meeting. We will begin in paris with egyptair bound to cairo bound for cairo from paris. It seems that debris has been found. Yesterday, there was a report that it had been found from the greek navy. Not from theat was flight. The Egyptian Army has come out with an official statement says saying debris has been found a few hundred miles north of alexandria, which is the area that is the area with the plane was expected to go down. They found passenger items and bits of the plane. I dont know how long it will be before they can get to a laboratory where they c

Transcripts For BLOOMBERG Bloomberg Markets 20160520

Markets feeling a little bit better. Existing home sales are the number we are getting. We are seeing a rise month over annual payril for 5. 455 million. U. S. Argest part of the housing market. That is a three month high. There was a surge in the midwest. There seems to be improving numbers in the housing market. We are seeing stocks higher today following a rebound we saw around the globe. Especially commodity lenders, we will dig into those in a moment. Nasdaq is leading gains today up i 1 . Showing gains. Lets look at the bloomberg. Technology is performing the best today. That explains why the nasdaq is doing the best today. Financials are bouncing back as well. They were sharply down yesterday. It is not quite all of the groups in the s p that is higher. Staples and utilities in particular. Today,look at the banks Goldman Sachs holding its annual meeting here. The majority of shareholders voting to keep the ceo and chairman role as one. All the banks bouncing back today. In terms

Transcripts For BLOOMBERG The Pulse 20160520

Im francine lacqua. Lets get straight to the bloomberg first word news with nejra cehic. Nejra frances foreign minister says there is total cooperation between his country and egypt after a plane flying from paris to cairo vanished over the mediterranean. The mystery surrounding the disappearance has deepened after greek authorities dismissed reports that debris from the aircraft and been found. Investigators say flight 804 made a series of terms before descending rapidly. 66 passengers and crew were on board. The pilots sent no distress signals. Aircraft washe approximately 10 to 15 miles inside egyptian airspace at an altitude of 37,000 feet, executed a turn 90 degrees left, then a turn of 360 degrees to what the right, dropping from 37,000 to 15,000 feet, and then the picture we had was lost at about 10,000 feet. Nejra new york fed president bill dudley says the Federal Reserve is moving closer to raising Interest Rates. His remarks echo sentiment in minutes at the fomcs april meeti

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