Uncertainty including the delay havee tax reform bill, we stocks. The bull is marching on. Btv 287,e a look at this represents the monthly gain for the dow. The dow has had its best months since february. The same thing for the nasdaq going to july. A strong october. Look at october of 2016. Big decline. October was a strong month. We have been having a strong thirdquarter earnings season. Oil tradingave higher after a bullish api report come a helping big names trade higher. Nearly 55 a barrel, pretty amazing. Above the 50 mark, psychologically important. In the best longest winning streak since july, we have some big earnings movers. Lets take a look at what some of the top stocks were. Including estee lauder and concorde resources. Earnings by put up 25 25 . Resources, clorox, their view is the midpoint trails estimate, but lots of strength here for these companies. Fueling those records, breaking news on the middle east. Its alliess asked for financial assistance, trying to repleni
Accepted a sweetened offer. China cracking down on peertopeer platforms. Theyre vowing to cleanse the market. The platform should serve as an intermediary. Says theys the pboc are strengthening oversight of online payment firms. Kong,e of markets, hong shanghai, swinging back into gains. Gains in some parts of the region today. Those are your top headlines. This is bloomberg west. Cori im in for emily chang. Mark zuckerberg fires back at his critics about expanding Internet Access in india. tis the season for jeff bezoss net worth to soar. Gender and racial equality are back in the spotlight as twitter names a new head of diversity. Now to our lead. Facebooks Mark Zuckerberg making a personal appeal in one of indias leading newspapers insisting that the country allow , a Free Internet service. India, secretary wrote instead of wanting to give people access to some basic Internet Services for free critics continue to spread false claims even if that means leaving behind a billion people
Sales causedfast mcdonalds to surge producing the best quarterly growth in four years. Ales were up 4 in china over 24 hundred journalists in 150 news bureaus around the world, this is bloomberg news. Lets take a quick look at the markets, hong kong and china are closed for lunch but here is how they were trading in the morning session, the shanghai composite down more than 2 . This was the picture following that sentiment i am back in half an hour, time now for bloomberg west. Emily youre watching bloomberg west. Twitter stocks tending again, jack dorsey turning around the sinking ship. All lines on apple as the tech giant prepares to announce earnings. How long they can keep up the pace. Cuts. Int announces job investors signaled they are not so sure. Twitter shares are tanking again, closing down almost 5 after the company lost for key members of its executive leadership team. Jack dorsey confirmed the departures in a tweet saying that he was hoping to talk to the twitter employees
Funds. Pitches his takeover directly to the board. The bid is worth 5. 6 billion. Those are the headlines. Lets take a look at some of the markets. Tokyo and bone by right now a bloodbath with linkedin shares down nearly 30 . Look at why investors are rushing for the exits. More changes afoot at Sumner Redstones empire. What is next for cbs and viacom as the companies embark on a new era. The zika virus continues its spread, rising in the u. S. And spain. Could genetic engineering be the answer . First, to our lead. Linkedin shares plunging in afterhours trading as much as 30 on weaker than expected guidance for 2016. Revenue in the current period will be 820 million, falling short of estimates by 47 million. Revenue in the Fourth Quarter climbed 34 . The Company Reported net loss of 47 million, down 6000 yearoveryear. He with me to break it down is our Bloomberg Intelligence analyst in san francisco. David kirkpatrick and new york. And our editor at large, cory johnson in new york as
Four million to five million undocumented immigrants stay in the United States, according to people familiar with the proposal. This would include undocumented parents of u. S. Citizens and permanent legal residents. Parents who brought their children into the country illegally wouldnt be included. How dangerous is the Economic Situation in japan, now that the country has slipped back into a recession for the second time in two years . Heres former pimco c. E. O. I think that number yesterday, the negative 1. 6, was a horrible number. Now, japan is moving quite quickly. Today we got news that not only will they post upon the consumption tax, but we have an election. So there will be an attempt to revamp the economics approach, so thats good news. But the message to the rest of the world is dont get stuck in this general malaise because its very difficult to get out of. The japanese recession may have a big impact on u. S. Companies. Japan is the fourth largest trading partner of the Un