First time in years. And the fed the ecb cuts funding costs. Boris johnson pledges a lockdown exit plan. Welcome to daybreak era. As we head into may, how about these markets . 1987. St month since u. S. Equities. U. S. Jobless claims yesterday, the you want to focus on the unemployed or the fact that the claims have been decelerating for four weeks. We saw a red on the screen yesterday. More than 1 . Own a lot of markets closed. In asia, japan is open. Read on the screen for japan. Many are closed but ftse futures points to a down day. Risk off across the markets. Dollar strength coming through on the bloomberg dollar index. Oil is an outlier in terms of the risk picture heading for a monthly gain. Coronavirus,o the u. S. Coronavirus cases recorded the slowest daily increase for the month of april. Resident donald trump will theel to camp david for first time leaving the white house compound for more than a month. The president is preparing to resume travel and reopen the economy. Yor
S p 500. You are talking about how investors are happy with the fed decision. This chart suggests they may get happier. A chart of the s p 500. We see theseyear, areas of consolidation as the bulls took outcome of the buyers taking out above the 50 day moving average. In may, that bearish action. There was an area of congestion that went to the sellers. The buyers have stepped up in this area of congestion into todays meeting. Broke to the upside yesterday. You can see less than 1 away from alltime highs. Gaining momentum. The s p 500 is confirmed for 30 six, suggesting new alltime highs are ahead for the s p 500 this summer. Emma if you were just watching gold this afternoon, you got a clear read on what we learned from the fed. It approached a 14 month high at one point during the session as investors said that fed would cut rates. Two ways in which this benefits that the fed may be considering cutting rates suggesting that the economy is getting worse. If the times are going to get
Against james alex fields to firstdegree murder. Driving man accused of into a crowd of counterprotesters in charlottesville, virginia, during that white nationalists rally. Global news 24 hours a day. You are watching bloomberg. Emily i emily chang and this is Bloomberg Technology. Federal investigators confirm at least one criminal probe into uber. Will talk about what it means for the worlds most valuable startup. Plus, the worlds most the Worlds Largest Futures Exchange will begin allowing bets on the worlds biggest cryptocurrency. Plus, another first for spacex. Elon musks other Company Since a recycled mock rocket and recycled payload blasting into space. Why going green could be the future of space travel. But first to our lead. Uber is under at least one criminal investigation. We are waiting for a letter alleging they attempt to acquire trade secrets and spy to unveil from attorneys representing a former security analyst detailing some business operations. This may be a key pi
He also he also referred to messages from fbi officials criticizing him as disgraceful. Female members of the he also referred to messages from fbi officials criticizing him as disgraceful. Female members of the Congressional Black Caucus want gop leaders to allow doug jones to join the Senate Immediately emily im emily chang and this is Bloomberg Technology. Federal investigators confirm at least one criminal probe into uber. Well talk about what it means for the worlds most valuable startup. Plus, the Worlds Largest Futures Exchange will begin allowing bets on the worlds biggest cryptocurrency. Whether we can whether we ca plus, another firr spacex. Elon musks other Company Since a recycled rocket and recycled representing a former security analyst detailing some business operations. This may be a key piece of evidence. The letter was supposed to be unsealed at noon local time. It has not happened yet but it could happen at any moment. Joining us is j it could happen at any moment. O
Plagued the telephone you coast for two weeks. Final mandatory evacuation orders have been called off. At its peak it drove about 100,000 people on their homes. Global news 24 hours a day, powered by more than 2700 journalist and analysts in 120 countries. Im Alisa Parenti. This is bloomberg. And more of Bloomberg Technology is straight ahead. Emily im emily chang and this is Bloomberg Technology. Bitcoin bears the bubble theory. Our deep dive into the four day selloff. Plus, validating an apple arben myth. A real story between older and smaller iphones and he lawsuits turning to pile up. The battle between two chipmakers. A hostile take over. Bitcoin investors may be having a reality check. Cryptocurrency l two below 13,000 on friday. Bitcoin has lost those 240 this close but it is lost to 40 this month. They sent all buying and selling was temporary disabled after having delays in processing wire transfers and verifying new customers. These issues it reignite the question, are we in