Global news, 24 hours a day, powered by more than 2,700 journalists and analysts in more than 120 countries. I am alisa parenti, this is Bloomberg Technology with emily chang is next. Emily this is Bloomberg Technology. On theks cool factor line, a Record Number of teens are jumping ship and making a beeline for snapchat. Plus our deprived of getting more women into technology. Deep dive of getting women into technology. Changeenewed focus and a of the worlds most fallible company. But first, to our lead. Market surged after its worst performance in two years last week it the dow and s p are only down a percent since the and of december, and for more of like the reagan the mark markets reporter abigail doolittle. Please give us some context on the trends and the way the market open today. The bulls were out, and the sellers try to push the major averages lower at 10 a. M. This morning, but the buyer stepped up, and we had a big rally. Days p on pace for its best since november of 2016,
Up in time for the lunar new year. We are live with ceo brenda lee. Looking at the markets, another bit of surprise here. It markets up across the board, led by materials and information technology. With that said, there is still a lot of caution out there. G btv 7589. The white line is the spx in terms of net positioning and you can see that falling. This is just a flip. A reversal with the vix futures spiking higher. Volatility and bullishness surging to the highest level. We will see what happens in the asiapacific trading session though, to see what happens in terms of any possible positivity. Yvonne it has been quite remarkable, this turnaround we have seen and yet, we are seeing some of the speculators, sellers of volatility turning back the market. Expect this kind of shock already. It will certainly be ahead of inflation numbers. Raimi lets take a closer look at the signs of recovery. Gains came back on january 26 and the nasdaq is now positive for the year. The best twoday adv
Now, [indiscernible] sites. Back bidding. Nds on its looking to add to his assets. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Let me leave you with a look across equity markets, australia closing up shop for tuesday, hong kong and china coming on in the afternoon session. We are up about 8 10 of 1 if you put everything together aggregate late. Emily this is bloomberg technology. Coming up, facebooks cool factor on the line, a Record Number of teens are jumping ship and making a beeline for snapchat. Plus, our deep dive in how to get more women into technology. On apple will double down substance over style this fall in a renewed focus on software. He will discuss changes in the Business Plan for the worlds most viable company. But first, to our lead. U. S. Stocks surged on monday, the market showing signs of recovery after its worst performance in two years. The dow and s p are only down a ofcent since the end december. Ab
That sent an alert for an incoming missile, global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im Alisa Parenti and this is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, apple under pressure. Reports of leaked iphone x sales and a new u. S. Department of justice probe. The new alliance take aims at health care. Jpmorgan and join forces. Onebook cross the lines running cryptocurrency promotions on its platform here it the selloff continues for u. S. Stocks with most declines since august. A u. S. Rate decision, the president s address to congress in the state of the union, lets bring in cory johnson in new york. Walk us through the highlights today. Y there are a lot of the factors that lead to a market selloff. It is such that the baby in the bathwater all go together, but there are interesting developments in the world of tech and i think most important, one of the reasons for people to sell stocks was t
As you mentioned, it is becoming a little more inflationary for the boj. It will only get stronger. The u. S. ,ets without expanding gains. Hong kong fighting back in the final day leading up to the new year Lunar New Year holiday. It is the biggest threeday gain since october 2015. Remember the hong kong and china had the losses last week. For now lets get to the first word news with haidi lun. Florida now say 17 people were killed in a school shooting. State Authorities Say the suspected gunman has been arrested. He is said to be 19 years old and a former student at the school. A catastrophic day. President trump offered federal assistance to the state and offered his condolences to the victims families. Magazines,ountless multiple magazines. At this point we believe he had one ar 15 rifle. I do not know if he had a second one. Haidi President Trump told he supports . 25 per gallon in federal gas and diesel taxes to help fund in proven in roads, bridges and public works. The democrat