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BLOOMBERG Bloomberg Daybreak Australia July 12, 2024

Closer to the mainland. Wrapping off the iphone 12. It is bigger, pricier, and supports 5g. It could trigger a wave of growth. Lets get a check of the markets. We are seeing u. S. Futures under pressure at the open. This after u. S. Stocks retreated from sixweek highs during the regular session. Prospects for us fiscal for a fiscal stimulus have remained stalled and we have mixed corporate views. The s p 500 lost 0. 06 , nine sectors were down. Financials leading the declines. We had a positive start for Bank Earnings but they went south of her investors took a look at reserve relief and Regulatory Risk. 0. 1aq composite, down percent, apple shares tumbling after the release of those latest iphones. Giving up some of the big gains we saw ahead of the event. Oil is under pressure, but still above the 40 per barrel level. It held onto gains in the new york session. This after data from china showed robust crude imports but we did get an executive director shuttered restart of output may

BLOOMBERG Bloomberg Technology July 12, 2024

Still prefer Online Shopping in the time of covid. Aus, facebook, historically staunch free speech supporter, they have cracked down on holocaust deniers and and have asked ads. Is it part of a trend . Recent gains have outpaced prospects for a quick end to the stalemate over fresh economic stimulus. Lets bring in abigail doolittle, following all the back and forth. Not good news for future stimulus. Also, bad news about some of the vaccine trials. Abigail there was a lot of back and forth. A topsyturvy day for stocks. Especially the nasdaq 100, down half a percent, up half a percent. To break a fourday winning streak, for the nasdaq, that was true for the s and p alsos s p 500 that index also. Disappointment that we dont have news on stimulus. Pfizer not continuing right now. A temporary pause for their covid19 vaccine study, as somebody fell unexpectedly sick. The story we have seen all year on a microlevel, uncertainty causing some really choppy trading. Wass p 500, the decline more

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