Lower on concerns about the health of the u. S. Economy and a number of new bearish notes from new wall street firms hurts the sentiment further. Lets check in on the biggest losers in the dow, which as morgan just said, is down sharply, near session lows, which were 462 points. Its currently down 410 points, as you can see, pfizer down 4 Goldman Sachs down 2. 7 cat down healthily 2. 56. The 30year just hit a yeartodate low of 2. 117 t the. Joining us for the full hour, victoria fernandez at cross mark global investment. Thanks for joining us. My pleasure when you see yields slip like they have done, like they did last week, does it make you want to press the sell button for broader u. S. Equities . We dont want to sell we have that longer term outlook. We think theres a lot of volatility going on and thats going to continue to play out. We are looking at these treasury buys, not just from Short Coverings but outright buying as well but i think you stay invested at this point there we
Us moves to make russia pay for its invasion, must go, threatens to retaliation. Billions of it states assets have confiscated, sell take talk or face upon the us is cracking down on the opposite. Chinese own a bind done. So how will it and millions of american businesses be affected the now from Columbia University in new york to the university of Southern California in los angeles, protests against israel as war on gaza spread across major american colleges. Protest system on very in scope from school to school, but there is one common message disclose and divest students, one that universities to be more transparent about where the schools money is going. And all of these institutions are banned in a range of investments in companies. They say i can place it in genocide, so does divestment work. Well just go start with, i guess shortly. The 1st one will consume sherry reports which thats become a major, which is in the united states. Students from campuses and the east coast to the
This is bloomberg surveillance and im Francine Lacqua in london. We are just getting some breaking news from the oil markets. Its 2017 lifting growth demand estimate to the strongest in two years. This is significant because we heard, i guess from insiders that opec, along with its allies, are also said to be discussing expanding cuts by more than three months. What does that mean for oil . The iaea says the strongest Global Oil Demand growth in two years. Brent, 54. 32. We will be speaking, right here on surveillance. In the meantime, it is time for you data check. We saw gains over the last couple days. These stocks are definitely rallying. Treasury yields are declining. The dollar snapping a two day advance. I will show you crude and the pounds, ahead of the u. K. Jobs data at 9 30. Reporter apple has unveiled its 1000 iphone, which features of rented reality and facial Recognition Technology. The company also rolled out an updated apple watch and tv box. The product announcements w
Dow is down 28 points. S p 500 down 11. That is nearly. 5 doc, theyre selling the teches again. Banks are trying to get a bid post fed they look like they dont know which way they want to go. A lot of the teches got bids, too. Youre right they were under pressure hard today. And that selling pressure, i expected it to continue for longer than maybe 15 minutes but it didnt. I mean when you look and we didnt get we couldnt break the 50 day in, for instance, amazon and you look at the other support levels for alphabet, even on the downgrade today or facebook these broke but then they held basically right there at some key Technical Levels and we saw v shape bottom on that nerld in other words, the money did come pouring into the names. The one that caught my eye is netflix for other reasons because filling a gap, i believe. Ill talk to josh about that boy, i was impressed about this i expected, judge, there to be more of a bloodbath based on what we saw in the premarket and the early sell
Gratitude. E will be discussing pathologies, undeniable pathologies that exist in american Higher Education these days. Ompromising of compromising of academic education. The lack of Viewpoint Diversity. The phenomenon of trying to win debates by labeling other people haters. T bigots or those pathologies are undeniable. They exist. They are very widespread. Many people in the academy across the political spectrum not only recognize them but recognize that they present an urgent problem and truly a stanford ovost of university recently in a public letter called that threat the threat from within the you university within the university. Saying no threat to Higher Education come interesting outside the universities is the equal of the threat inside the universities stemming from a certain kind of ill liberalism. A lack of Viewpoint Diversity among faculty and students. A tendency to group think and unwillingness to question established orthodoxies or permit discussions of key issues to