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Transcripts For BLOOMBERG Bloomberg Markets 20160531

Julie hyman with a closer look at the Economic News coming out this morning, including Consumer Confidence. 92. 6 is the Consumer Confidence index number coming out for may. By6 uses 96. 1 estimated economists. Lower than estimated. We have a lot of data, including the case schiller number and a personal spending increase that was the largest we have seen in seven months. We have been seeing strength in some of the economic data. That seems to be feeding into the narrative that the fed could move in june or july. Change in stocks. The s p and nasdaq were higher, but not huge gains and the dow is lower by four points. Not moving on the Consumer Confidence data. Aregroups on the move, we seeing more gains and losses in terms of the sectors in the s p 500. Telecom doing the best, followed by energy and utility. Discretionary with consumer are doing the worst. Apple is in focus after the rebound that the stock has been experiencing. Up 11 since a low on may 12. That was the lowest since ju

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