A white house official says a response could come this week. There has been a breakthrough in libya peace talks. The United Nations says the countrys warring sides have agreed to turn a ceasefire into a lasting deal. Weeks of sporadic violence have derailed negotiations and dashed hopes for a more permanent agreement. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is 1 00 p. M. In new york, six 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. A sea of red for global stocks. The s p 500 wiping out its 2020 gains and posting its worst day in two years. Investors fearful as the Coronavirus Spreads far beyond china, potentially upending Global Economic growth. Seek safe havens, gold looms toward 1700 an ounce. We talked to the ceo of
Let the sun shine in the sun shine in let the sun shine let the sun shine in the sun shine in good wednesday morning welcome to squawk alley. Im Carl Quintanilla with john brennan and post morgan. At this hour the cairline ceos are meeting with the president this hour. We will give you updates as we get them and the rally, pretty impressive here stocks back in the green after the surprise fed cut rate tuesday. Steve milanovich joins us, tech strategist at World Research and the director of global mack affordability. I have been watching your tactical calls over the last week or so theyve been pretty sharp. You said you expected a rally this week. The question is now, what do we do with it yes, the markets remain in sort of a price discovery mode its unknown whether the low that was last friday, interday low at 29. 50 or so or whether its lower these are unknowable things because its a fastmoving development. But i do think friday we got to an oversold point and rally too, 3,100 was fai
Worse than people think. We are confronted with a condition of supply and demand shocks. It will have effect on global gdp, that is for sure. But it is not like the world will end tomorrow. Nejra meanwhile, president s trump and modi meet in india. The countries did sign defense deals worth 3 billion, and they pledged closer ties on Maritime Security. Nejra jpmorgan lays out goals on its invest today. They said u. S. Wealth is going to be one place where they can still growth. Nejra and the iger era comes to a close. Disney names a new ceo. I intend to double down on the same strategies bob has established. Nejra its all straight ahead on bloomberg best. Hello and welcome. Im nejra cehic. This is bloomberg best, your weekly review of the most important business news, analysis, from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The dominant story throughout the week was the global spread of the coronavirus, and on monday, as reported infe
Passengers left the ship on witness and thursday. The diamond princess in the largest hot spot for Coronavirus Infections outside china. More than 600 passengers and crew contracteted the virus. The two passengers died on thursday. Anyone who shared a cabin with an infected passenger is being asked to stay at a governmentprovided facility even if they test negative. The period of their stay depends on when their cabin mate was removed. Officials will ask those whove returned home to keep an eye o their health for two weeks and avoid going out unless absolutely necessary. They will discuss among whatt conditions crew members will be allowed to get off. The so some canadians arrived home. Australian Health Authorities say two people from the ship tested positive for virus after returning home. They disembarkeked from diamamo princess earlier t this week afr initially testing negative. Be apart from the cruise ship, nine new cases were roared in jap three people havee been feked with the
For longterm Global Growth . There is going to be a financial impact. My guess is it is going to be worse than people think. With are confronted conditional supply and demand shocks. It is not like the world will end tomorrow. President s trump and modi meet in india. Onthey pledge closer ties Maritime Security. Jp morgan lays out goals. They said u. S. Wealth is going to be one place where they can sell growth. And disney names a new ceo. I intend to double down on the same strategies bob has established. Its all straight ahead on bloomberg best. Welcome. Llo and this is bloomberg best, your weekly review of the most important Business News and assets. Lets start with a day by day look at the top headlines. The dominant story throughout the week was the global spread of the coronavirus, and on monday, as reported infections climbed, Financial Markets felt the pressure. Coronavirus continues to spread beyond china and outside asia raising concerns about the prospects of a pandemic. Sou