who she is. i feel confident hillary will be the nominee and will be the next president. mark: mr. biden s comments go further down further them president obama. donald trump says he has narrowed his list of potential running mates to about five with deep resumes. he says he has not ruled out new jersey governor chris christie, who has been chosen to head trump s transition team. global news 24 hours a day powered by our 2400 journalists in more than 150 news euros around the world. from the bloomberg news bureau in new york, i m mark crumpton. bloomberg west is next. emily: i m emily chang and this is a special edition of bloomberg west in boston where we are surrounded by 1500 government and civic leaders for the annual meeting of the chamber of commerce. welcome to those turning in tuning in on television and those here in boston. a huge discussion topic is the growing tech infrastructure. we will hear from the person who helped spearhead the move to boston, ma
accelerating losses we have been seeing over the course of the day. 0.6% areas down corporate earnings continues to be one of the biggest weights today. 90% of s&p companies have reported earnings growth. .7% year on year. global concerns are another factor. let s take a look at what is happening with the s&p over the course of the day. you can see there has been general volatility trending to the downside. disney earnings after the bell yesterday along with macy s today, that is pulling down the s&p lower. we did see unexpected declines in u.s. oil. that brought up the s&p of this. but we are going to session lows now with the 2:00 market now down 0.6%. i want to show you the s&p sectors general health. this is the imap function. sevenee six of the of the 10 sectors are currently in the red. consumer discretionary, as it has been throughout today, is down. not the most, down 1.7%. retailers we have a talking about all day, they are falling. macy s, nordstrom, you name it.
ignite. the blast destroyed more than 500 homes. ,lobal news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. i m mark crumpton. emily: i m emily chang and this is a special edition of bloomberg west from the storied m.i.t. media lab in cambridge, as it use its. it s the birthplace of so many innovations like touchscreen devices and gps. we have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i/o tech. the next hour going behind the scenes to where the ideas are conceived. the media lab specializes in anti-disciplinary thinking, looking for misfits and rebels, working on ground breaking products no one else would take a risk on. other ideas that got their start here, the precursor to google street view and one narrow by all it is here just one mark zuckerberg s breakthrough price. the media lab is pioneering research in biolo
have some work to do. we go into the fall at half strength. this election is too important to go into an election at half strength. we need a real unification of our party. mark: last week, the speaker said he was not prepared to endorse trump s candidacy. arson is to blame for a fire at a fertilizer plant in 2013, causing ammonia nitrate to ignite. the blast destroyed more than 500 homes. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. i m mark crumpton. emily: i m emily chang and this is a special edition of bloomberg west from the storied m.i.t. media lab in cambridge, massachusetts. it s the birthplace of so many innovations like touchscreen devices and gps. we have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i/o tech. now we spend the next hour going behind the scenes to where the ideas are concei
coming up on the show, we have dale stafford. he will join us on all the dealmaking and unmaking going on. we will preview april s retail sales. jon: looking forward to that conversation. s&p 500 futures negative five. switch over to the board very quickly. 1.1345.lar, foot.llar is on the front yields are down by two basis points. what a week for wti. $46 thought. flat. let s go around the world for in-depth coverage. selena wang as the latest. we are 90 minutes away from the april retail sales numbers. speaking of eco-data, guy johnson has latest on euro area growth. julia tells us what to expect a day after dilma rousseff s suspension. apple has found a way to use its enormous pile of cash and it could have an effect on the uber. let s get the details from selena wang. selena: this is a huge deal. this is the single largest investment they have ever received. was in talks to raise $2 billion. this is very unusual for the smartphone maker. they don t normally invest in s
docs all in the red right now. let check in with ramy inocencio at the markets desk. ramy: we are now at session lows. the dow is the biggest laggard. its 50 daylied past moving average yesterday and so we are seeing simple back. .he nasdaq is down .8% i want to show you the health of the s&p path 10 sectors. it is a broad selloff across the board being led by consumer tables. still down, number two. energy is now the sole stand up in positive territory. rising oil continuing into its second day. let s take a look at some of the biggest oil movers. schlumberger up and candor morgan up 3.6%, its highest since the end of april. boost,rton getting a being two and outperform and raising its price target. all of this happening because of oil, so let s look at how oil has been trading. highs, itssion highest since november 4 or so. there is speculation ahead of government data that u.s. crude inventories may have fallen by 3.5 million barrels, so that is pushing up the price of oil
documentary series, take five will premiere on sundance. has another series from airing on may 17. i am pleased to have you here. let s talk specifics. what is take five. ? josh: we have a new streaming service. charlie: hbo does it, hulu does it. josh: that took care of it. it is a streaming service, thank you for explaining. it is called sundance now. arguably perhaps the biggest reservoir in collection of documentaries that man has amassed. charlie: you have curated a collection. that was actually a cable channel called discovery on that idea, way back when. josh: exactly right. it is perhaps the case that the cable channel with ads to support it is not the right formulation or for the world s greatest documentaries that may have not mass appeal, but may have great importance. to that end, in addition to this collection which we are adding films as well, we did our first original series. the notion was to do something interesting in documentaries and timely. , if i, w
documentary series, take five will debut on sundance. the first five installments america on justice in will air on may 17. i am pleased to have you here. let s talk specifics. what is take five. ? josh: we have a new streaming service. charlie: hbo does it, hulu does it. [laughter] josh: that took care of the explanation. it is a streaming service, thank you for explaining. it is called sundance now. it arguably perhaps the biggest reservoir in collection of documentaries that man has amassed. charlie: you have curated a collection. that was actually a cable channel called discovery, formed on that idea, way back when. josh: exactly right. it is perhaps the case that the cable channel with ads to support it is not the right formulation for the world s greatest documentaries that may have not mass appeal, but may have great importance. to that end, in addition to this collection which we are adding feature films as well, we did our first original series. the notion was to
the last two sessions. the major averages have maintained the gains. we haven t seen any major hiccups. relatively broad-based rally once again. energy stocks are leading the way higher. whether it s a good idea to buy energy stocks, people are certainly doing so. the group is up 1.4%. banks have also been leading the gains we have been seeing over the past couple days. we did get that oil inventories report indeed, and that has been helping these energy stocks. take a look at the percentage leaders. we ve got transocean, chesapeake. many of these are those that are the most sensitive to changes in did in the underlying oil prices, and in terms of index points, we ve got chevron and exxon mobil, which happens to be holding its annual meeting. oil prices themselves were volatile in the wake of that aventory data, which showed larger than estimated drawdown in the weekly inventory numbers for crude oil. gasoline is another matter. it s the 11th straight week that production h
conversation. scarlet: let s check in with julie hyman. are you going to stand in lines with the tsa? julie: i will be in traffic, but i will not be in the tsa line. at least i get to listen to my music in the car. let s look at the stocks heading into the holiday weekend. we are seeing a bit of a live we await comments from janet yellen. we are seeing a bit of optimism and stocks. health care is at the top spot at the current time followed by consumer discretionary and financials. a list for those cyclical groups after they took a positive yesterday. if you look individually at the stocks contributing the most in point terms to the games today, you have alphabet rising after google s victory in court over oracle late yesterday. it was a patent fight that had to do with the genesis of android . it looks like european regulators are coming out with different regulations for drugs. dragging or limiting stocks gains today are apple. analysts said that despite the come for his ef