Friends need to tell each other the hard truths. Friendships require mutual respect. I must express my deep disappointment with the speech today of john kerry. A speech that was almost as unbalanced as the antiisrael resolution passed at the u. N. Last week. David the mayor of jerusalem is here to respond. Also, no alisters . No problem, the man in charge of the trump president ial inauguration will give us a preview of the main event that they are billing, will be for the people. Melissa. Melissa lets take you back down to the market. Dow ended down 110 points as 20,000 slipping further away it seems. Oil on the other hand hitting a new high. Phil flynn from the cme in chicago. Nicole petallides from the floor of the new york stock exchange. Nicole, big selloff today. So funny, every day we walk in, people say when will we see the 20,000. I dont know if we see it before the end of the year . There is really a question. No doubt there is ultimate optimism and hope Going Forward for pro
The or early this week, a judge approved fraud charges against hernandez and two aides and ordered her assets frozen. Issidentelect donald trump turning to former president s john f. Kennedy and Ronald Reagan for inspiration for his address. That is according to the washington post. He wants to keep the speech short. A president ial historian tell cnn he wants to write the speech himself. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am taylor riggs. This is bloomberg. Julie live from bloomberg World Headquarters in new york, i am julie hyman. Joe i am joe weisenthal. Oliver i am oliver renick. The question is, what did you miss . Scarlet risk assets julie risk assets appear to be taking a breather. Oil retreating from its highest close in 17 months. Treasury is extending gains after a strong auction. Sears ceo Eddie Lampert is opening his wallet yet again to help keep the struggle retailer in business. He is offering a 200
He plans to review the law thursday. Cooper takes office sunday. Bloomberg news, 24 hours a day, powered by more than 2,600 journalists and analysts in over 120 countries. This is bloomberg. Bloomberg technology is next. Caroline this is Bloomberg Technology, coming up, taking stock. Annual gain but tech stocks decline in the final day of trading. Plus, a look at the home runs and missed strikes from a volatile year in tech and the march ahead for the silicon valley. And the big picture courtesy of kevin. Our exclusive interview with the instagram chief executive on everything from photo sharing to why he sold the company to zuckerberg. Now to our lead. The markets have officially closed the book for 2016, and it rass a rough and for many an end for the many big tech company. Advanced micro devices were some of the big tech flames that slid in fridays session. Oh, the performance echos a theme for big tech names lagging the overall markets since the u. S. Election. Lets take stock of t
To very warm welcome bloomberg day break. Im anna edwards. Lets talk about some of the extraordinary price action that were seeing in this environment with regard to the euro this morning or in the middle of the trading day in asia. Extraordinary is the key word in all of this. You would have missed out on a 1. 6 spike on the dollar. Take a look at what were seeing here. Even pulled it back on four trade full trading days. 1. 6 . We spoke to some of the Foreign Exchange traders out there. They said you have algo rhythmic letters snow building a. That snapped out the liquidity that was there around the turn of the year. Bear in mind some of the traders had to move in there and take losses to cover the positions. We saw a spike in the euro swiss. Move saw this specific against the dollar. A bit of a weaker dollar but in the scheme of things in the scheme of the eurodollar trade, this was a big move, anna. Algorithms being mentioned as is the norm. As we bridge this period between christm
He plans to review the law thursday. Cooper takes office sunday. Bloomberg news, 24 hours a day, powered by more than 2,600 journalists and analysts in over 120 countries. This is bloomberg. Bloomberg technology is next. Caroline this is Bloomberg Technology, coming up, taking stock. Annual gain but tech stocks decline in the final day of trading. Plus, a look at the home runs and missed strikes from a volatile year in tech and the march ahead for the silicon valley. And the big picture courtesy of kevin. Our exclusive interview with the instagram chief executive on everything from photo sharing to why he sold the company to zuckerberg. Now to our lead. The markets have officially closed the book for 2016, and it rass a rough and for many an end for the many big tech company. Advanced micro devices were some of the big tech flames that slid in fridays session. Oh, the performance echos a theme for big tech names lagging the overall markets since the u. S. Election. Lets take stock of t