The u. S. And china. Here to break down the Market Action is abigail doolittle. The macro news earlier this morning seemed to be about rising trade tensions between the u. S. And china, but then stocks mostly ending in the green. On thisgoing afternoon . Abigail a really sleepy day overall. You have traders not at their desks, checking out just a little early despite the fact that we have macro news. Plus, it is a repeat of last year. At the end of the day, mixed action. But unlike yesterday, we actually had tech closing higher. The nasdaq 100 higher 0. 4 . The chip sector got hit yesterday, rebounded today. Also indicates that traders are brushing off macro concerns. Where we are seeing those concerns play out our for the china adr, the new york thing index, because baidu and alibaba are in there. And the Golden Dragon china etf, down 4 for another day. That is comprised of Chinese Companies in the u. S. , the fear that these companies will be delisted. This is an interesting dynamic
Rates can go. Deal toor merkel says a bailout lufthansa is edging closer. Warns of ad airline multibilliondollar rescue. 7, 8. I found the roadmap. One thing we have touched on. It is about demand. It is not about which camera. It is about demand. You have mark cuban of the Dallas Mavericks obviously supporting, talking about. Usinesses that cant survive jp morgan, citigroup, goldman sachs. This is the issue. Synchronized, un dislocated reopening which is know when youre 100 , which pulls into question that the veracity of the argument goes from 20 that unemployment goes from 20 to 10 . The road is dislocated. Nejra you got a sense of that in the fed minutes. Gloomy prognoses. What might be considered more is yield curve controls from here rather than negative rate. They were apparently not discussed as much to. That was kind of the take away from the fed. Yieldted discussion of curve control. They also said some banks should limit payouts to shareholders then you have the u. S. China
Mario draghi made it clear the European Central bank has one way to go and that is lower when it comes to rates. Earnings reports continue to roll out fast and furious. We have been successful with pricing. The revenue pressure is not sustaining in the industry. It is the teflon company. From Central Banks to brexit, the weeks top interviews. There is a certain small probability this could be dangerous. What is happening to the u. K. Economy is not entirely driven by brexit. Juliette it is all straight ahead on bloomberg best. Hello and welcome. Im juliette saly. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. On monday, optimism grows on signals the u. S. And china might be preparing to restart trade talks. Facetoface negotiations between top chinese and u. S. Trade negotiators could be restarting soon after a number of goodwill g
Talks on again, but the path to a deal remains elusive. Joe officials have been cautioning not to expect a whole lot. Juliette police and protesters clash again in hong kong. U. S. Authorities plan an antitrust as growth in the eurozone shows signs of further shrinking, the ecb makes a key decision on stimulus. Mario draghi made it clear the European Central bank has one way to go, and that is lower when it comes to rates. Juliette earnings reports continue to roll out fast and furious. Frank we have been successful with pricing. Sergio the revenue pressure is not sustaining in the industry. It is the teflon company. From Central Banks to brexit, the weeks top interviews. There is a certain small probability this could be dangerous. What is happening to the u. K. Economy is not entirely driven by brexit. Juliette it is all straight ahead on bloomberg best. Hello and welcome. Im juliette saly. This is bloomberg best, your weekly review of the most important Business News, analysis, and
Shrinking, they make a key decision on stimulus. The European Central bank has one way to go and that is lower when it comes to rates. , how fasts reports and furious. We have been successful. The teflon company. , the weeks top interviews. Small probability it could be dangerous. What is happening is not entirely driven by brexit. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Monday, optimism grows on signals that the u. S. And china might be preparing to restart trade talks. Could beiations restarting soon after a number of goodwill gestures by beijing over the weekend. That is according to chinese media. Looks likeare seeing , they are about to start buying again, soybeans and possibly some pork and other agriculture commodities. That is goodwill measures if you will, but w