Canary islands in spain, allowing firefighters to make headway in battling the massive firefighters. Fires. Emergency workers evacuated more than 9000 people. The fire, described as a monster, began on saturday. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. York, it is 1 00 in new 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. Show me the slow down. Boston fed president Eric Rosengren says it is not up to the fed to make up for weakness in other economies. We will look at sentiment heading into this weeks jackson hole symposium. Watchdogs are rolling out the long anticipated overhaul of the volcker rule. Streaming wars are gearing up. Rollout itsto script Fiction Services by november, the companys first mediaay into subscriptions.
Off. We are looking at markets this morning, firmer tone. 102 points higher, nasdaq up almost 50 points, all three majors rebound yesterday on trade and currency fears, beijing and washington still in stalemate with china digging in for drawnout fight, pretty good market yesterday, lindsey, your reaction . Yeah, im actually surprised the market is taking everything that we learned through the last couple of days in such good stride, again, today like you said at the top of the show you see the yuan being weakened. Not to the extent we saw sunday night which sent the market into kneejerk reaction. I think what we are seeing the two countries are in it for the long haul and i dont expect us to have any resolution before tend of the year and we go to a point of no return, we go too far and the Economic Impact around the global is really too, too far to come back from. Definitely stoke uncertainty, dagen. Dagen uncertainty that the Federal Reserve cant fix, uncertainty is the greatest enem
Jap japans exports fell 6. 7 in june, much more than expected. They were looking for a 5. 4 drop tex tend the bigger surprise drop was a 5. 2 drop in importeds versus the 0. 2 decline economists were expected the nikkei was down by 2 . Hang seng off by a half percent. The shanghai down by 1 . In europe, red arrows there as well spain off by 1 . Lesser losses for the other averages check out the treasury market. You will see that the treasury market this morning is showing the tenyear with a yield of 2. 054 United Health just reporting moments ago. Posting Second Quarter profit of 3. 60 per share. That Beat Estimates of 15 cents. Revenue came in ahead of wall street forecasts the Company Raised its fullyear forecast well talk about this more with ana gupte. Netflix shares are falling sharply this morning the Company Reported a drop of 130,000 u. S. Subscribers in the past quarter on the Conference Call Reed Hastings attributed the lower growth in part to its Program Lineup during the qu
Earth if theyre looking for inflation. Its wednesday, july 17th. Worldwide exchange begins right now. Good morning, good afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan thats shot of the beautiful u. S. Capitol in washington, d. C. Thats where facebook will get ready for a second day of testimony over its contested libra Digital Currency well go there live in a moment. First your markets and the global money stock futures are slightly higher now dow futures are in the green, up about 30 points now. The dow, s p and nasdaq failing to close at record highs yesterday. The blue chips turning in their first down day in the last four. Bond yields remained steady. The tenyear yield is trading at about 2. 10 . Exactly on the tenyear. Around the world, you look at asia, a theme the last few days. Not a lot of big market swings japan reopened down 0. 3 you could see slight moves here. A similar story in europe. Not a lot of numbers on the mov
Blowout results. Layter, boeing under faire again as regulators open a new investigation. Its tuesday, may 7th, 2024. Youre watching Worldwide Exchange right here on cnbc good morning and welcome to Worldwide Exchange. Im coming to you live from cnbc london thank you for being here with us we kickoff the hour of the u. S. Stock futures after the higher session for wall street which saw the dow and russell 2000 close up for the fourth straight session. The the big focus today is two stocks apple hosting the event at 10 00 a. M. Today where it is expected to update the lineup of ipads for the first time in nearly two years. Apple shares up nearly 1 . Disney is out with the results today and answering questions after the kitchen sink First Quarter. Disney is 50 from the 52week high and up 17 reporting. Disney shares up 1 . We are watching the bond market with the tenyear yield below 4. 5 the benchmark at 4. 45 important to note, we have been talking about it all week long the twoyear note