Stocks are headed up to their session highs of a with that said they are still in the red. Right now lets take a look at where they stand. The dow is coming up on the flat line, but the s p 500 is down by about a third of a percent. The s p is down for the second day in a row, and this is its first backtoback losses so far this month. Part of the reason for that is because of the retail data that we did see earlier today. Sales for february falling, and januarys game revised to a decline. We will see how the fed will factor in that with Interest Rates tomorrow as well as the day after. I want to show you the General Health of the s p in its sectors. Four are in the green, six are in the red right now and looking at the positives, Information Technology is of the most, by about a quarter of a percent. Utilities not too far behind. 1. 5 , care is down by which had been preceded by materials. Energy is down by about 1 as well. I also have to talk about what is happening in the pharma worl
Importance. You would rule out the possibility of using Nuclear Weapons against isis . I am never going to rule anything out. Nejra it is all straight ahead on bloomberg best. Nejra hello and welcome. I am nejra cehic. This is bloomberg best. Its a weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. In retrospect, this week has been dominated by tuesdays tragic terror attacks in brussels. On monday, attention was focused on Silicon Valley and a major Product Announcement from apple. Unveiling a new iphone at an event in cupertino with a smaller screen and a smaller price tag, starting at 399 for the cheapest new iphone ever. What are your big takeaways . I think its just interesting. I was making an analogy with the golden state warriors. Rather than go big or go home, the old traditional basketball adage, they found that small ball works well for them and they won a world championship. You can see apple tried the same
Betty and we will hear from the jcpenney ceo. Find out how hes been able to turn around the retailer even as sales remain sluggish. We are about one hour away from the close of trade. Stocks are lower after the doj decides not to move on Interest Rates. Ramy inocencio has the latest on the markets. Highswe are at session but we are still in the red for the day with just about an hour left in trade. Second is down for its day in a row and this is its first backtoback loss for this entire month. And the dow has been flirting with a little positivity. We will call that flat right there. To, talkedalluded about retail sales coming in worse than expected, down by. 1 . Definitely weighing on stocks. Lets take a look at whats happening with the dow in today. Although we are still down, we are not as down as we were earlier. In the numbers were down, we 17 and 120 mark are, down around the flat line. Definitely trading in a very narrow band. But that said, there are some major movers today. Le
Interviews, influential people speak on topics of critical importance. You would rule out the possibility of using Nuclear Weapons against isis . Donald trump i am never going to rule anything out. Nejra it is all straight ahead on bloomberg best. Nejra hello and welcome. I am nejra cehic. This is bloomberg best. A weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. In retrospect, this week has been dominated by tuesdays tragic terror attacks in brussels. But on monday, attention was focused on Silicon Valley and a major Product Announcement from apple. Emily apple unveiling a new iphone called the se at its event in cupertino. The latest model has a smaller screen and a smaller price tag, starting at 399 for the cheapest new iphone ever. What are your big takeaways . Cory i think its just interesting. I was making an analogy with the golden state warriors. How rather than go big or go home, the old traditional basketb
70 . We have that exclusive interview. Vonnie lets go to the market desk where julie hyman has the latest. Julie i will start with valium. In plunge that we are seeing shares down 34 . The company cut its forecast. We talked about the future where the company moved remarkably. Then, on the paul, a slide was put up. The company said today that it is going to focus more on the financial reporting, the transparency, and a typo happened. If you look at the bloomberg, you can see trading over the premarket and regular session. It is falling and then sharply falling again when we got the news that there was the revision. Something else we have been mentioning quite frequently. In the Shareholders Company are moving. A lot of these people have been moving a lot of money because of the stock. Thats 30 drop, that is the biggest drop in record. Vonnie we will keep an eye on that. What about stocks, broadly . Steep. They are not as we have declines. The bank of japan is not making any moves on th