Is your function appetite for risk diminishing for a second day . Equities major equities are declining with mixed sessions for currencies and bond yields, especially in the core commodities, and the earnings season continues. Quarterly sales of shampoo dropped in europe amid the intensifying battle of the consumer goods market, putting pressure on prices. Becausey profit prices of demands from adhesives. Proctor and gamble and Companies Like henkel, down by 3. 8 percent today, facing a rapidly changing market without long share of established band brands to retailers being nibbled away. Matters of a german nature, the biggest steel maker in germany said that debts soared in the Third Quarter after increased Raw Materials prices. They helped to drive a quarterly profit increase because of the recovery in prices, steelmakers have seen profits rebound as part of the broader industry recovery as chinese demand strengthens and the asian nation closes plants to ease a global glut. Euro, aga
Since may 17 was the last time we saw the s p 500 fall by at least 1 in the last time we saw drops of this magnitude in all of the major averages. To go look at the bloomberg g btv 912. Int is a chart of the moves the s p 500. Not seen e have again, this is another way to look at the move. Here is the oneday move and we have to find the drop. What is notable is that we havent had big moves in either direction really since that time. Theyve been relatively muted as we have seen volatility compressed and the daily moves compress and we have seen the range compressed. As scarlet mentioned, you do have the north korea rhetoric that was the spark and you also have the background of howard marks and people at pimco in t. Rowe price cautioning against being too bullish in this market. Averages,the major there are big declines. A lot of them tend to be quite volatile. ,he biotech index semiconductors around 2 . Is 1. 5 . Index the small cap outpacing the largecap stocks. Of the worst percentag
Since may 17 was the last time we saw the s p 500 fall by at least 1 in the last time we saw drops of this magnitude in all of the major averages. To go look at the bloomberg g btv 912. Int is a chart of the moves the s p 500. Not seen e have again, this is another way to look at the move. Here is the oneday move and we have to find the drop. What is notable is that we havent had big moves in either direction really since that time. Theyve been relatively muted as we have seen volatility compressed and the daily moves compress and we have seen the range compressed. As scarlet mentioned, you do have the north korea rhetoric that was the spark and you also have the background of howard marks and people at pimco in t. Rowe price cautioning against being too bullish in this market. Averages,the major there are big declines. A lot of them tend to be quite volatile. ,he biotech index semiconductors around 2 . Is 1. 5 . Index the small cap outpacing the largecap stocks. Of the worst percentag
Increases counterterrorism efforts. He said u. S. Soldiers are putting themselves on the line and they deserve better. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am alisa parenti. This is bloomberg. Caroline i am caroline hyde, in for emily chang. This is Bloomberg Technology. The inhouse drama continues at the start up. Former uber Ceo Travis Kalanick driven further away. And why they decide it is time to step down. Plus, Revenue Misses in the face of the competition. We breakdown todays disappointing secondquarter report. Ing jill little geopolitical tensions rattling the market. Tensions between the u. S. And north korea continue to escalate. We will bring you the latest at this hour. Drama in uber continues to unfold. Benchmark capital, which has a 13 stake in uber, filed a lawsuit to remove former ceo, travis kalanick, from the board. They say he engaged in fraud by misleading investors about his allies willing to k
Valleys diversity problem. Lending club could be shaking off its losing streak, Scott Sanborn joins us to discuss their improving fortune and earnings report. First to our lead, disney is once again shaking up the movie industry, saying it will begin offering espn sports programming and some of its family films directly to consumers via two, new streaming services. Underscored sales and profits fell due to the division big cable tv where subscribers and ad sales shrank. We sat down with bob iger and discussed their streaming plans and the outlook for the company as a whole. We have seen a dramatic shift in how media is consumed. It is becoming more appbased. I see it with my kids and grandkids. A lot of the appbased consumption is done direct to consumers. You need the technology to do that as well and that is no easy task. It is not simple. Particularly when it comes to streaming live sports, we have consumption at a high level and all at once. So we bought a third of bam tech a year