Again, a moment of silence for the victims of the Manchester Bombing. Political parties in the uk are expected to resume election campaigns this morning. New this morning the bbc is reporting that British Police have stopped sharing information on the Manchester Bombing with the United States because of fears that leaks in the u. S. Media could hinder the hunt for a possible bombmaker. At issue are pictures of the crime scene published by the New York Times, including photos of the remains of the bag that was carried by the suicide bomber. Prime minister theresa may will raise the issue with President Trump today. This is one of the most important intelligence sharing efforts in the world. The expectation is that this will not last for long. If you see the picture on the cover of the New York Times this morning, this is what has caused some of that outrage. Pictures released and shared with the United States intelligence that wound up on the front page of the paper. The fellas brother
Our road map begins with the retail surprise. Best buy, sears, Williams Sonoma, all with earnings beat. Shares of best buy are surging. And Mickey Drexler is explaining how the j crew market missed the tech revolution. The s p is on track for another fresh record close. Opec agrees on the cut extension and oil is down. A lot of news on the retail front. Best buy is up, helped by an unexpected increase in u. S. Comps. Williams sonoma is out with better than expected guidance and earnings beat and then sears coming in above forecast. Although sales continue to slump. Its not often, jim, an 11. 9 decline in comp is actually above expectations. Yeah. Look, sears is a big short squeeze whenever it goes up and people realize well, wait a second. Even when they keep selling Closing Stores the existing stores have bad numbers. These are terminal numbers. I mean, i wont tell you that maybe you can close all of the stores and see the stock go up. But i have never i mean, there has never been a r
Oceans has opened on an ominous note. Secretarygeneral Antonio Guterress the planets oceans are under threat as never before. He said plastic garbage in the waters could outweigh fish by 2050 if nothing is done. Environmentalists and representatives from 200 countries are attending that fiveday conference. Global news 24 hours a day powered by more than 2700 and analysts in over 120 countries. Im mark crumpton, this is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Joe we are 30 minutes from the close of trading in the u. S. Julia u. S. Stocks fluctuating near records. Joe the question is, what did you miss . Scarlet executives announce a number of upgrades and overhauls including a new smart home speaker. Called the home pod. The highlights coming up. A crucial week for President Trump. Rolling outuse is its infrastructure plan, but all eyes will be on former fbi director james comey and his testimony on thursday. We se
They need to help people like me understand how to get this up and running pretty easily and within imessage. Thats the key. And the apple watch is going after fitbit. Once again im going to be wearing a dinosaur at some point in the technology world, but well take you live, get more details. Were still waiting to hear about the siri speaker that will take on alexa coming up. Thats the big question hovering over that conference. Also shares of blue birth b blue bird bioare poppi are popp trump announced plans to privatize air Traffic Control. What would that look like exactly, how does that work . Transportation secretary elaine chao will be joining us in a first on cnbc interview coming up in this hour. Lets get to the Apple Developers conference in san jose, california. Josh lipton is on the scene with some details for us. Josh . Reporter bill, there are more than 5,000 developers here behind me today. They want to hear about software updates. They listened to apples tim cook and oth
22 point set off in the dow. Nasdaq futures go positive. S p futures down 2. As for the u. S. Dollar its weaker this morning. We put it up next to show you. Just turned stronger against the euro. Weaker against the japanese yen. Thats down almost. 3 . The pound goes firmer. 12924 ahead of the thursday election. As for oil prices lets show you the trade there after that reversal of the rally we saw yesterday. On the back of news that arab nations were severing with qatar. Nat gas continues to rise. As for asia overnight we did see weakness in japan down a percent. Shanghai comp as well. Retail sales in rising 0. 1 in april slightly above expectation. And down a third of 1 as well. 215 and change and clearly not able to get a lot of lift. A lot of folks waiting for that. Starts steepening but still relatively sluggish inflation and Growth Numbers weighing on it. Did get a little bit of a bump yesterday. Thats about 2 thirds of 1 . Whats the key . Because earnings have quited down. So has