An inperson showdown. Commission holds firm it will be virtual. Good morning, everyone. This is bloomberg surveillance. I am Francine Lacqua here in london. Stimulus talks could be closer, or at least they. Are back on the agenda. Here is what. I am looking at across the board. Is movingr yield attached, dollar declining, global stocks rising as the white house appeared to shift track, which signaled it is open to a large. Later on surveillance, we talked to armand sarkissian, 9 30 a. M. U. K. Time. Now lets get to the bloomberg first word news in london with leighann gerrans. Hi, leighann. Leighann good morning, francine. Leighann the debate will happen. The commission organizes it insists it will be virtual, but President Trump says he will not debate,t in a virtual calling the commission a joke. He is calling for to be rescheduled, but joe biden is rejecting that. He says the president pulled out, not joe biden. As dailyaximum alert coronavirus cases exceed 18,000 for a second strai
Strong gains and this morning you will see that there are green arrows once again, the dow indicated up by about 88, s p by about 9 1 2 and the nasdaq indicated up by 48 points if you watched what happened in the treasury markets, we did get a lot of fed speak and it sounds like there is a little bit of confusion. You can see the ten year note has ticked up a little bit, 0. 769 is the latest yield andrew and lets take a quick look at the dow transports, gaining another 2. 5 yesterday, also hitting a record high, the two as to beings to watch this morning, eli lilly and he regeneron both big winners on Covid Treatment hopes. And President Trump touting both of those in a video that he released over twitter late yesterday. Well tuck a lalk more about th. But also take a look at shares of tesla, new Street Research upgrading that Company Stock to a buy saying that to sees a decade of hyper growth ahead, this call makes the firm the second highest priced target on the street so in lead wit
Back of that data. Refinery utilization was positive by 1. 4 . The market was looking for that to go into the negative by 0. 5 . Crude Oil Inventories rising by 415,000 barrels only last week. Gasoline inventories was a drawdown of nearly 2 million barrels. Lets check u. S. Markets more broadly. The major indices are really unchanged, but we have a few major movers, including viacom cbs, which disappointed in its First Quarter as a combined company. Investors are really punishing that stock. Guy a bit of breaking news, the unicredit boss looks like he is emerging as a potential hsbc ceo to get the job. Remember, noel quinn currently yethe interim ceo at hsbc, the interim ceo putting out a is involvingk that deep changes in the way hsbc runs its business and potentially a retrenchment back to the middle east and into asia in particular. He thousand jobs potentially going even further down the road. There were Big Questions as to whether or not noel quinn would ultimately be the person t
Resigned, posting on twitter it has been an honor to serve the president and the country. He will remain at that position until next month. The u. S. Government is banning citizens from traveling to north. Orea this is after all a warm beer died. Otto warmbier he fell into a coma in a north korean prison. And washington and five other powers world powers sided with tehran after a pact of seven nations. Moroccan demonstrators, frustrated over inequality and corruption clashed with police at an unauthorized protest today. Police surrounded the city center and fired tear gas. Scattered into sidestreets. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im Alisa Parenti. This is bloomberg. Julia live from bloomberg world in new york, im julia chatterley. Joe and i aim joe weisenthal. Scarlet fu is off today. Were counting down to the close of trading. Julia financials under pressure. Industrials, too. Joe but the question is whatd yo
Our intelligence when it came to combating terrorism. What i can say with confidence is that when it comes to our domestic operations, the concerns that people have back home in the United States of america, that we do not surveil the American People or people within the United States, that there are a lot of checks and balances in place designed to avoid a surveillance state. There have been times where the procedures, because these are human endeavors, have not worked the way they should, and we had to tighten them up. And i think there are legitimate questions that have been raised about the fact that as Technology Advances and capabilities grow, it may be that the laws that are currently in place are not sufficient to guard against the dangers of us being able to track so much. When it comes to intelligence gathering internationally, our focus is on counter terrorism, weapons of mass destruction, cyber security, Core National security interests of the United States. But what is tru