The hardest hit nation is iran. Nearly 22 thousand people there have died from covid19. Spacex has placed 64 more satellites into orbit. A rocket took them into orbit from florida. It is the 12th the batch of satellites for the companys broadband network. Rocketalso recovered the booster with a controlled landing at sea. 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. Vonnie it is 1 00 in new york 6 00 p. M. In london, and 1 00 , a. M. In hong kong. Im vonnie quinn. Welcome to Bloomberg Markets. In just a few moments, and inclusive interview with bill ackman of Pershing Square, an update on the spac and the market turmoil. Lets get to the markets. The vix today is above 30, the worst day for the nasdaq 100 so far since march. The nasdaq down 5 . The s p down 3. 5 . The dow down 2. 7 . Several individual companies have been doing extraordinarily well such as d
The market in one direction or the other. As of yesterdays close the s p 500 had rallied 865 point off of its lows on march 23. 251 of those have come from five names. That equates to 29 of the gains we have seen in the equity markets and it underscores the fact the market is held hostage by the performance of the make cap companies. It carries us along the upside but also carries a risk on the downside. Tech is nottoday down as much as some others are down. What is going on with bonds and gold . Kailey we are seeing the classic risk off trade, the dollar is stronger and seen as a safe haven asset, and you are seeing a bid into treasuries. The 10 year yield is down four basis points. Coming slightly weaker, off the highest since 2011, a little bit of profit taking. The more interesting commodity is copper. Dr. Copper usually very sensitive to the Economic Growth story. It is higher today as well. That is a mystery. David that is a mystery. Thank you to kailey leinz for that report on t
If the press were not fake, and if it was honest, press would have said what i said was very nice, unlike you and unlike excuse me, unlike and you unlike media, before i make a statement, i like to know the facts. President also saying there is blame on both sides, for the violence over weekend, swipes at inaccuracies reporting. You had a group on one side and you had a group on the other, they came at each other with clubs, it was vicious and horrible, it was a horrible thing to watch, you look at both sides, i think there is blame on both sides. And i have no doubt about it,. If you report accurately you would see it. For more on President Trumps News Conference we turn to fox correspondent kevin corke. It started as a statement about his infrastructure, but instead of pivoting toward his agenda and away from controversy surrounding violence in charlottesville, the president turned back into firestorm with a full on news confront, covering his response to violence in virginia, the co
If the press were not fake, and if it was honest, press would have said what i said was very nice, unlike you and unlike excuse me, unlike and you unlike media, before i make a statement, i like to know the facts. President also saying there is blame on both sides, for the violence over weekend, swipes at inaccuracies reporting. You had a group on one side and you had a group on the other, they came at each other with clubs, it was vicious and horrible, it was a horrible thing to watch, you look at both sides, i think there is blame on both sides. And i have no doubt about it,. If you report accurately you would see it. For more on President Trumps News Conference we turn to fox correspondent kevin corke. It started as a statement about his infrastructure, but instead of pivoting toward his agenda and away from controversy surrounding violence in charlottesville, the president turned back into firestorm with a full on news confront, covering his response to violence in virginia, the co
If the press were not fake, and if it was honest, press would have said what i said was very nice, unlike you and unlike excuse me, unlike and you unlike media, before i make a statement, i like to know the facts. President also saying there is blame on both sides, for the violence over weekend, swipes at inaccuracies reporting. You had a group on one side and you had a group on the other, they came at each other with clubs, it was vicious and horrible, it was a horrible thing to watch, you look at both sides, i think there is blame on both sides. And i have no doubt about it,. If you report accurately you would see it. For more on President Trumps News Conference we turn to fox correspondent kevin corke. It started as a statement about his infrastructure, but instead of pivoting toward his agenda and away from controversy surrounding violence in charlottesville, the president turned back into firestorm with a full on news confront, covering his response to violence in virginia, the co