We are down 0. 3 on the s p. Back down to 1. 90 on the 10 year. We got up past 1. 95 a little earlier. Disney one of the Better Stories today after earnings, up 4 . Gap up on the ceo leaving gap down on the ceo leaving more than 7 . Guy the president has just been indicating that he hasnt agreed to tariff rollbacks with china. This was always the risk with this rally. Absolutely it was built on a single man risk. If the president didnt agree, you were going to get this kind of reaction. The market is down by 0. 4 . In some ways, this reaction is relatively muted considering this is a key demand from china, that we do see some degree of tariff rollback. The fact that we are only down 0. 3 on what is a relatively big piece of news i think is worth paying attention to. The market may be signaling it Still Believes that a deal can get done, but we have rolled over this news. The president saying he hasnt agreed to tariff rollbacks with china. In terms of the way we are seeing that rippling
Our will. Now i doubt there is anyone in scotland who is not partially sick of the brexit nightmare, but the Boris Johnson deal does not get brexit done. It just opens the door to the next episode of the brexit horror show. Sturgeon added a vote for the s p is able to escape brexit. The parties is involved hold a new independence referendum next year. Protesters hit the streets of hong kong today after the death of a student who took part in demonstrations earlier this week. The student died after a fall in a parking garage near a protest site. Prodemocracy supporters claim police were chasing him, while Authorities Say the accusations are false. Some demonstrators have committed suicide during the unrest in hong kong but nobody has been confirmed dead as a result of the clash between police and demonstrators. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from
Says military cloud contract win. And Restoration Hardware surging at the open, Buffetts Berkshire hathaway revealing a new stake in the furniture retailer stocks are looking to make more history a day after the s p posted its 21st record close of the year futures up on comments from larry kudlow about progress of trade talks in china, upbeat news about the consumer adding to positive sentiment. Retail sale s rebounded in october. 3 but strip out gas, it is a miss. Strip out autos and gas, it is a miss as the threemonth average continues to slow. Jim . Look, i there is just the mixed picture keeps making it so it is bullish. It is amazing. If it were too strong, we would have to say that jay powell has they still play by jay powell there is just enough tease with trade talk i have my view on what is happening now and it is not as sanguine as what people are saying this is about farm, about ag, and it is about this is my understanding, not necessarily about soy. A lot of pork involved b
They say they need more time to evaluate sweeping changes affecting the brokerage industry. President trump urged voters in kentucky to reelect the republican governor today. He says it would send a message to House Democrats conducting an impeachment inquiry. Governors races in mississippi and louisiana are also seeing as a test of the president popularity, so our state legislator races in virginia. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Amanda live in toronto, im amanda lang. Welcome to bloomberg markets. Top storiesare the we are following from around the world. Deepens bonds selloff thanks to optimism over a potential removal of u. S. Tariffs on chinese goods, denting appetites for haven assets. Curbing huawei. My conversation with sec chairman ajit pai unwanted want to Ban Companies
I am Katie Greifeld and welcome to bloomberg markets. You take a look at the markets and there is some red on the screen. The s p 500 off by about point read percent, a far cry from this time 24 hours ago. You look at the nasdaq 100 and the big tech names and it gets worse. The nasdaq 100 off by. 8 , not too big of a move but to the downside. This as we count down to the fed decision. That line is what you want to watch, the 10year treasury yield lower by one basis point. We are sitting at 4. 3 or so. Of course that meeting kicked off at 9 00 a. M. Let us dive deeper into the markets with catherine, the stone next financial chief market strategist. Let us talk about the fed but let us start about the bank of japan, the big news out overnight, the negative Interest Rate and the zero Interest Rate era is over. What could that mean for Global Markets . It could mean a bit of an impetus for more growth in japan, i think the negative Interest Rate policy was controversial in its effectivene