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Transcripts For BLOOMBERG Bloomberg Markets 20160930

Gain for the close. Julie a could be a gain for the month of september. We will not know until the close. All three major averages are at the height of the session. What is contributing the most we are seeing the financials strong eddies of are the stocks that are singlehandedly contributing the most to the gains. Bank of america, citigroup, represent in the financials, coming back after losses yesterday. Pfizer as well. We saw broad weakness in the pharmaceutical industry yesterday. Amazon another record for amazon. It has been day after day for that company. We have also been watching outside of stocks, what has been going on in the bond market, currency market as well. Note, look at the 10year the moving we have seen in the 10year there, too, we have had some reversals going backandforth this week. I think we are having some technical difficulty on that front. There, too, we have seen a turnaround. There you have it. Point 1. 59 ,s reversing the declines we have seen in recent days.

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The unravelling of a national champion is a blow to French prestige

French industrialist Louis Gallois once described his country as a place where fledgling technology companies and start-ups quickly die. France was great at innovation but terrible at building on it, he bemoaned.

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