A simulcast, bloomberg radio, sirius xm jenna 119. Good morning, semper this go. Good morning, san francisco. On television, worldwide and in london with anna edwards, we say good morning as well. Of marketd set discussions today. Weve almost pushed aside that in 30 minutes in america, it will be the Economic Data point of the week to see if we see continued improvement in the labor economy from the depths of march. Anna anna absolutely. Such a flexible economy, and not the same way as many of the economies here in europe. We seem big moves in these claims numbers, and as we start to see unemployment come down, where will it level off . Thats got to be one of the key questions as we had into the fall. Tom mark zandi joining bloomberg surveillance, the great moodys economist, and he said the Unemployment Rate in america is not 10 . It is somewhere around 14 . Data 12,ly, the yields come in. A virusou to give us update in europe. Mi correct that if you go to paris, you have to quarantine
Were halfway into a pretty difficult trading day. Incidents, critics say the voting is not secure. The pope francis heads to africa it is difficult. To visit some of the world we are off the lows of the session. Poorest countries. Is off by about 350 it is a region hardhit by some concerns,es biggest points. The s p 500 and nasdaq off as well. Chinamid ongoing u. S. Conflict, corruption, and climate change. Africa is one of the few places on the planet are catholic communities and priestly vocations are growing. Uncertainty. Are we going to get back to the global news 24 hours a day, on air and at tictoc on twitter, table as trade as well so weaker powered by more than 2700 journalists and analysts in more manufacturing data we got out of 120 countries. U. S. This morning, sparking a russian a classic safe havens including u. S. Bonds, 10 year this is bloomberg. Yield down by about five basis points. I am vonnie quinn. That defensive tone is confirmed when we look at the sector composi
Passing immigration laws by executive action, and the courts struck that down. I do think this is an important opportunity for those of us who care, not only about the people and about our Legal Immigration system that has benefited us all, but also are determined to eliminate and stop ilLegal Immigration along with the drugs and the harm that that causes. I do think this is a great opportunity. I hope we make the most of it. Withg from a border state 1200 miles of common border with mexico, my constituents in texas all understand the importance of Border Security and enforcement. At the same time, they are people with big hearts like you and the rest of us who want to do the right thing by these young adults who came here as children. Thank you very much. I have to tell you that as i walked into the room, i dont know if you heard the latest but the market is up about 150 points. We broke a very big barrier, 25,000. There were those who would say we would not break 25,000 by the end of
And a virus besides ebola that is being watched in the United States. This virusent says has sickened at least 500 people in 42 states. Almost all have been children. We will look at all of this and more over the hour. Lets get headlines from shelby holliday. The. S. Stocks rallied on u. S. Jobs report. The dow gained more than 200 points. 1 ,s p 500 rose more than which was its best gain in a loss two months. , eddie luhanskay chance to speak with the former aboutd coceo at pimco the departure of bill gross from the firm. I was very surprised. They weresurprised able to draw on a very deep bench of talented people who have established track records, industry awards, and who have been part of the process managing 80 of the assets. Was a surprise, but what was not a surprise was the incredible bench and a very strong team led by dan iversen. I know these people. They are superb. Dan is superb as a leader. The funds saw investors remove 23. 5 billion in september. Those are some of the t
Longer run objective, large a largely reflecting declines Energy Prices. Inflation compensation measures have declined. Surveybased measures of longterm Inflation Expectations have remained stable. Like a lot to say inflation is anticipated to decline further in the near term. The committee expects inflation to rise gradually toward 2 over the mediumterm as the labor market moves forward and transitory affect dissipate. The committee continues to monitor inflation of elements closely. As a factor in everything they are looking in their assessment will take in a wide range of information including measures of labor Market Conditions indications of inflation pressures, and Inflation Expectations and new language reading on international and national development. The Committee Judges it can be patient and began to normalize the stance of monetary policy, repeating the line from the december meeting and dropping the previous language about considerable time, as expected. The vote was unani