These are Companies Like amazon, cisco, qualcomm, tivo. They are driving markets to record highs. Dow 20,000 is within sight, spitting distance. Records are falling on wall street. Dow, s p 500, nasdaq all hitting intraday highs. Could see a record close. Absolute for the nasdaq. Second day in a row weve seen nasdaq at record high. Lets get to the Fort Lauderdale story. Multiple casualties in this situation that began developing shortly after 1 00 p. M. Eastern. Five dead, eight injured. Can you imagine this, five dead, eight injured, when a gunman began shooting in the actual baggage claim of terminal 2, Fort Lauderdale airport. Moments ago we got reports of more shots fired. Look at people on the ground. There are concerns of a second active shooter. As we look at live pictures of whats developing were not sure whether those are press people. People are actually huddled behind cars. Police are not letting anybody leave the situation. Cheryl casone live in the newsroom. I want to call
President obama vowed to publicly support repealing if republicans have a better plan, they should show their cards. He spoke in an interview. The government could wrap up its case against dylan roof on monday. Federal prosecutors are seeking the death penalty. He says he has no plans to call the witness of his own. Global news 24 hours a day powered by over 2600 journalists and analysts in more than 120 countries. This is bloomberg. I am caroline hyde, bloomberg technology. The dow flirts at 20,000. Putin himself ordered a campaign against the u. S. A campaign into the u. S. Election. Live with fitbit ceo. Wages bringsad on the dow higher. Average Hourly Earnings dropped jumped 3 . That helped push the nasdaq and s p 500 to record highs in friday trading with the sack with the tech sector leading the way. What is leading the charge . It is the i. T. Facebook, amazon, netflix, and google all rallying almost 2 more than 4 this week. We are joined by oliver renick. Overall, it was a stro
Alix and we will be previewing that speech. Were going to speak with the chief Global Equity strategist in just a moment. But first, checking on the market heres. Calm, but overall no, big positions being put on ahead of riday. Jonathan futures doing ok. Equity market in europe they can d. A. X. Up agassi. 8 . Ftse up. 5 . He story in the f. X. Market is weaker. You see in the stronger cable rate, we have a 132 handle very briefly on the pound against the u. S. Dollar. In the commodity market, the retracement continues. Big week on w. T. I. We come in at. 9 on w. T. I. We trade with 4698. All the focus on treasuries still. 10year yields higher up two basis points. I will say though another auction, more supply. Thats going to be a focus 20 e twoyear notes are billion worth. Alix now lets go around the world with check in with more top stories with caroline. Could it be a 50 premium on before any of these talks started to be decimated . Its been a roller coaster for monsanto. But it loo
Kevin what kind of altitude are we talking about when something breaks up upon entry or reentry . When we look at the altitude of the stay shadow space shuttle, 200300 miles up. The earths atmosphere is part of the vast majority a few hundred miles up. We have seen the stuff burn up when it gets relatively close to the surface of the earth. The meteor is the streak of light you see. When it gets to the ground, meteorite. Kevin i would assume they would be small pieces but there are also other satellites of their. Absolutely. The main iss has People Living in it. There have been very few cases of someone actually being hit. We have had cases of meteorites that went all the way to a house or ended up in a house. Its very unusual when it happens. Kevin let me ask you this. We had that video out of russia. Is this because this is happening more often or the fact the latter, almost certainly. Look how many pictures we have of it in the last halfhour. Jim bob, jim snyder here with you. Were
Economy in this fed beige book compared to the previous beige book. The survey says five of the 12 fed Bank Districts Economic Activity was moderate in june and early july. That compares to seven fed Bank Districts that reported moderate Economic Activity in the previous beige book and this time two districts reported a slower pace of growth compared to just one district reporting that in the previous beige book. Now we doubt this will have a significant enough, this is significant enough to have a change in fed policy. You can bet that the taper will likely continue at the july meeting at the end of this month as the beige book also says that labor market conditions, which is what the fed real watches, continued to improve. Melissa. Dierdre thank you so much. On to the big story of the day, time warner rejects twentyfirst century foxs 80 billion takeover bid. Time warner deciding it was not in the best interest of the company or shareholders to accept the deal. Twentyfirst century fox