Upside we are seeing and some of the other parts of the Continental European market. And with perspective, it seems to be one of those days where the markets are looking on the bright side. He saw that in the Asian Session and the futures, and the u. S. Futures pointing higher. I do say we see some areas of red. We have been focusing on the scandinavian financials and have had some reports this morning, so we will see, but elsewhere, matt, i see a lot of red on the board. On thereat deal of red board. It seems the market just wants to go higher this morning. Matt yes, and we do see a lot of scandinavian movers who have put out earnings today for one reason or another. The big movers to the upside, if you take a look at a number of stocks gaining, 409. The number of stocks losing 159. This to percentage movers, anna, so we will see a difference. I did this because a couple of the Earnings Companies are not big Market Movers but still making a lot of headways, so there is a logistics com
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
Significantly. That brings back the question of, how do you unwind that trade . Makeine he really did clear that they are trying to work with the fed when it comes to trade. Lets get a deeper dive into the action. Ill start with you, abigail. What are you watching . This may come as a surprise. One area that has outperformed is ems. The emerging market index, outperforming in a huge way the s p 500. The same thing for the russell 2000. It seems shocking that they are not selling off more. But the answer may lie in this chart, because e. M. Has been underperforming for some time. Index, the e. M. Equity the s p 500. The s p 500 stuck in the middle. E. M. For quite some time had been nicely higher on the year. There were liquidity issues with china. The s p 500 as well. E. M. Has been right around even for some time. Ahead for thelook broader equity markets, renita. Gold, whichlook at is extending earlier games, as investors worry about trade and the fed, they piled into the safe haven a
In the wake of several Mass Shootings, he says the senate will look at expanded the ground checks. Red on the table, socalled flag loss to keep guns away from dangerous people. Mcconnell has a post most gun laws in the past. A Political Drama is playing out in italy. His deputy is trying to bring down the countries populist coalition and force snap elections. Salvini wants lawmakers to vote out the government as soon as next week. He says he and his party are tired of infighting with their coalition allies. 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 Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Amanda im amanda lang in toronto. Welcome to Bloomberg Markets. Our bloombergby and Bnn Bloomberg audiences. What a week it has been for global markets. We will wrap up the week, and escalate in trade war with the u. S. And china sign currencies, bo