Worse preventative measures. Has been the hardest hit of the region iran has been the hardest hit in the region. A postbrexit trade agreement were abruptly disrupted today when one European Union official involved in the talks tested positive for the coronavirus. Michelleief negotiator barnier said he would suspend talks with u. K. For a short period. The two sides are trying to reach an agreement by next week to allow time for a deal to be ratified before the end of the year. Global news 24 hours a day, onair, and on bloomberg quicktake, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Transition to the white house. Members of the president elects team are set to be contacting staff of the congressional app
This is not a bad thing. No, this is not the wrong thing to do. , but it isying that important to lower the rates to he alsoe growth mark says President Trump has toned down his rhetoric against mexicans. Were killed by afghan and International Coalition forces in afghanistan in the first half of this year than by the taliban and other militants, thats according to a new report from the united nations. Insurgents often hide amongst civilians. The report says one in three casualties was caused by Ground Combat and if it i roadside bombs. A fifth the by roadside bombs. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 1 00 a. M. In hong kong. Im shery ahn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Knee deep in earning
Thats why we were talking about the inverted yield curve a couple of days ago, also on deck windham chairman Steven Holmes and Deputy Director and financial ceo chris garcia, cohost of the 5 on the Fox News Channel Juan Williams and Washington Examiner chief Political Correspondent Fox News Contributor byron york. The European Central bank with policy measures to stimulate the economy from wall street journal interview with top ecb official and incredibly wild week of trading, the dow experiencing big fluctuations, you are seeing it yesterday morning when dow futures were down more than 200 points back flipped back, gaining nearly 100 points. Take a look at three market gauges this week, third down week in a row, you see how much ground the dow would have to be to end in territory. We saw bond market, i dont want to say panic signals, signals that we havent since in a long time since 2007 with inverted yield curve and i was at the Stock Exchange the yesterday and the day before walking
It was a big rally yesterday gave back many of the gains late in the session the dow did end up more than 100 points by the end of the session. Overnight in asia, a bit more muted today after the big gains yesterday in the markets the hang seng opening after being closed on monday for a holiday. Its the stock market trying to do some catch up it was up by 1. 2 . Shanghai was flat. Nikkei was up by a tenth of a percent. In europe, some early trading taking place a bit of a mixed picture there. Ftse up by a half percent. Modest declines for the cac and the dax. Stocks are higher in italy and weaker in spain. In the United States, if youre watching the threreasury market the tenyear is yielding 0. 15 lets talk trade President Trump saying trade talks have begun following his meeting with president xi jinping at the g20 speaking at the oval office yesterday, the president said the renewed talks are being held by phone any trade deals will have to lean in the u. S. s favor obserit has to be
Maybe go up at the same time. Plus, is the Real Estate Broker system broken . Lawsuits, backlash, rule changes and both sides of the debate are saying this will really change real estate forever. Well explain the controversy and get answers, kelly, on the impact. Looking forward to that. First, lets get a check on the markets which have been fluctuating all day long. The dow is down 28 points despite the drop in bonds yields. Over 5 to a near 480 right now. The s p is hanging on to a 16point gain, and the nasdaq is driving the way with a. 9 increase. We also have a big deal in oil today. Chevron buying hess for 53 billion in stock. Both stocks are lower. Chevron by 3. 5 . Hess by about. 5 . This follows the big exxon pioneer deal recently. Okta getting crushed again today. Its down 20 in a week after hackers accessed its support system, losing 9 of that today. All right, lets get to that often rocky relationship between stocks and bonds. Since highs hit this summer, stocks have pulled