Crude posting its longest winning streak in a year. Opec cuts may be draining the blood. And top fed officials weigh in on negative rates, saying such a move is not on the agenda for the foreseeable future. Shery lets get to a quick check of the markets. We are seeing u. S. Futures holding steady, after we saw the s p 500 fall on rising u. S. China tensions that we saw in the regular session. The s p 500 fell eight tense of 1 . Technology and utility also leading the losses. We have heard from china responding to act as asians from President Trump warning that responding to comments from President Trump warning that nasdaq sides biggest composite fall in more than a week. We also have some abysmal Economic Data. Millions of americans claiming jobless benefits. We are seeing wti under pressure, but still above the 33 a barrel level. This after sessions of gains. We are talking about the longest winning streak in more than a year. Haidi and really that crude story may be a bright spot as
Room to run. As a result, youve also seen pressure on treasury yields. Take a look at see what is happening with the treasury market some pressure on treasury prices the 10year sitting almost at 1. 891 yields, we watch them kind of skyrocket last friday after that jobs report was stronger than expected they came back down after they made it sound like the fed will not be moving anytime soon with this additional news making this happen. Going with every trade nuance up or down goes down, if it looks like the yields go down, if it looks like there is not a deal. We recover globally from the trade war. The two things of the fed and the economy. If the fed is on hold, the rates dont go up. If the economy are off to the races again. It is a thankless job people at home they see the screen from far away they zoom in, and take it for granted. They think we are just changing the appiture there is a guy. Hes running. He went running by, which startled me for a second, it was worth it, kyle you
After pelotons 20 drop since another we look at company with its eyes on connected fitness. C. E. O. Of mirror joins the program. But first, to our top story. Ts all about the continuing escalation of the u. S. China trade war. U. S. Markets closed lower on tuesday, this is as bloomberg learned that the Trump Administration is discussing restrictions on port polio flows into china. That includes a particular focus on investments made by u. S. Government retirement funds. Joining me to discuss bloombergs stocks editor dave wilson in new york. Dave, start with just talking to that we saw selloff a little bit today. How much did china play a role in this . Dave well, they certainly played a role to the extent that if you look at Chinese Companies here in the form of american deposits and receipts, they took a hit. I mean were talking about retailer Alibaba Holding down 4 . J. D. Com down 4 . The other Search Engine 2 and we started to see how the back and forth between up u. S. And china
After pelotons 20 drop since its ipo, we look at another company with its eyes on connected fitness. The c. E. O. Of mirror joins the program. But first, to our top story. Its all about the continuing escalation of the u. S. China trade war. U. S. Markets closed lower on tuesday. This, as bloomberg learned that the Trump Administration is discussing possible restrictions on portfolio flows into china. That includes a particular focus on investments made by u. S. Government retirement funds. Joining me to discuss is bloombergs stocks editor dave wilson in new york. Dave, start with just talking to me about the selloff that we saw a little bit today. How much did china play a role in this . Dave well, they certainly played a role to the extent that if you look at Chinese Companies that trade here in the form of american depositary receipts, they took a hit. I mean were talking about online retailer Alibaba Holding down 4 . Their rival j. D. Com down 4 . The Search Engine by do, baidu, of
His own apartment by a White Dallas Police officer called the guilty verdict in the case a huge victory. A texas jury convicted former Police Officer amber guyger in in killing of botham jean 2018. Geithner was off duty but still in uniform when she shot the accountant. Geithner testified she mistook jeans apartment for her own after a long shift and that she believed he was an intruder. She said she could for her life. Her lawyers call the shooting a tragic but it isnt the state. We the jury unanimously find the defendant amber guyger guilty of murder as charged in the indictment. No outbursts. It is signed by the presiding juror, juror number 11. Prosecutors question how she missed numerous signs she was at the wrong apartment. The jury is expected to return this afternoon for the punishment phase. Guyger faces five deal 99 years in prison. 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 Crump