Fierce. About 90 miles east of daytona is where it sits right now after really devastating the bahamas. David i dont think we still understand the extent of it. It is really tragic what happened in the bahamas. Theres a lot of rain and water coming. The storm surge they are worried about up and down the coast. Alix in the markets we are paying attention to the broader political sphere. 8 10 upres up by by 0. 8 . The cable rate up over 1 . Yields in the u. S. Now up by three basis points. Commodities, buy everything but the u. S. Dollar. Time now for the global exchange. Joining us in hong kong is bloombergs chief north asia correspondent stephen engle. From outside westminster is bloombergs anna edwards, and from new york is bloombergs michael mckee. First we want to start with hong kong, where leader carrie lam announced the government will formerly will formally withdraw the extradition bill. M the government will fully withdraw the bill in order to relay consent. Alix can we say the
That wages are not necessarily increasing the way economist anticipated. Pimm the worst performance in wage growth ever on record back to 1982. Scarlet the Consumer Confidence number was a little lighter than what economists had anticipated. Look at oil companies. That is the s p 500 intraday. The s p 500 taking the worst hit exxon taking the worst hit. Was not far off. Lots of superlatives and none of them positive. Lets get a check on oil prices and gold. Nymex crude down. Brent down 1. 5 . Gold up by 0. 5 . Pimm lets see how the wage report reflected in the bond market. A little bit of buying at the 10year and the 30year. Look at theemonth 10 year yield. Yields are down. Prices up. People interested in buying the 10year. Lets take a look at the currency. The dollar is unchanged against the euro. The dollar weakened against the japanese yen. The dollar continues to increase in value. All at stake a look at something youve got in your terminal. Scarlet we want to end things off with h
Street. You see the s p 500 and the nasdaq the nasdaq is up about a third of a percent, dow industrials unchanged, but still showing negative today. Exxon mobil and chevron, the biggest u. S. Energy producers, hunkering down for a prolonged stretch of week prices. They posted their worst quarterly performance in three years. The lowestting profit since 2009. Chevron reported its lowest profit in more than 12 years. The marketcing route forcing 2. 5 billion in writedowns and charges. 1. 5 . Brent crude down gold futures, they are up. Beenet they really have the driver year. Looking at treasuries, you see buying there. It is so much more sensitive to where Interest Rates are headed than on the longer end of the yield curve. That 10 point 2 . Look at the 10year yield over the past month. Coming down we do not measure by percentages, but 15 basis points. 2. 2 . At looking at currencies, the dollar takes a hit today. Look at my bloomberg terminal. The eci, the employment cost the big legut
Sir roger moore, the debonair star of the james bond movies in the 1970s and 1980s has died. He has been active with the United Nations childrens fund. He was 89. Im Alisa Parenti. Thank you for watching. This is bloomberg. Emily Bloomberg Technology this is Bloomberg Technology. Coming up, the Trump Administration rolls out its budget proposal. We will analyze the potential impact on tech. Plus, uber swerves into yet another bump in the road, this time costing the company millions. Microsofts more powerful fifthgeneration surface pro hits markets next month. We will preview the device and its potential. First, to our lead. U. S. Stocks pushed ahead with small gains for the fourth day in a row despite news of the out of manchester. Abigail, give us the roundup today of what happened in trading. Abigail it was a quiet day for stocks in the u. S. The dow, s p 500, and nasdaq finished fractionally higher and not really much of a reaction to that terror tragedy. This is pretty consistent w
Sir roger moore, the debonair star of the james bond movies in the 1970s and 1980s has died. He has been active with the United Nations childrens fund. He was 89. Im Alisa Parenti. Thank you for watching. This is bloomberg. Emily Bloomberg Technology this is Bloomberg Technology. Coming up, the Trump Administration rolls out its budget proposal. We will analyze the potential impact on tech. Plus, uber swerves into yet another bump in the road, this time costing the company millions. Microsofts more powerful fifthgeneration surface pro hits markets next month. We will preview the device and its potential. First, to our lead. U. S. Stocks pushed ahead with small gains for the fourth day in a row despite news of the out of manchester. Abigail, give us the roundup today of what happened in trading. Abigail it was a quiet day for stocks in the u. S. The dow, s p 500, and nasdaq finished fractionally higher and not really much of a reaction to that terror tragedy. This is pretty consistent w