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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

Higher. The nasdaq is up. 7 . Quite a turnaround from earlier this morning. 33. S p 500 at 29 the 10 year backup of 70 basis points. 24. 44. L trading at lets get a deeper dive into the Market Action with taylor riggs. Taylor mostly and improving picture across the screen. We were in much worse territory at least on the russell 2000, nasdaq, so we are starting to improve, go into positive territory. 2000 and raising a lot of those gains but still off. 1 . Take a look at the nasdaq biotech sector. Big outperforming today, up 3. 5 . Biotech is leading the way in thisbiotech is leading the way n this pandemic, in terms of finding a treatment and vaccine, so you are seeing that outperform. Gilead, their remdesivir product is hitting hospitals to treat covid patients. The u. S. Will get about less than half of the 1. 5 million vials being given out in the next week or so. Taking a look at the yield picture, you have a lot of treasury supplies coming online. Treasuries rising and you are get

Transcripts For BLOOMBERG Whatd You Miss 20240713

Off hard over the past few weeks. Scarlet they will have to basically refund or move all of the holders to the next season. Among the 24 groups in the s p 500, only two groups declined. Because of the Safety Company safe haven nature of their business. We have seen banks and auto companies. Banks leading by 5 , auto stocks by 4 . Of centralin terms bank announcements. The boj announced this morning. The fed on wednesday. A lot of people have said the excitement as worn off. Reiterating case of that they are standing by as needed. Of forgetou kind about the fed in the middle of all this. Yana, we do have the fed coming up this wednesday. They have pretty much done all could reasonably be expected for them to do so far. Are you expecting to hear anything more on wednesday that would suggest Additional Support for the economy or the market . Yana there has been tremendous, i think, global stimulus, particularly as it relates to hear. I think the continuation of the same theme, that they a

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