Officials have signed a letter opposing donald trump. They include former members of the nixon, reagan and both bush administrations. They write theyre convinced trump would be the most reckless president in american history. Doctors without borders says a hospital in sports in rebelheld Northern Syria has been destroyed by air strikes. The group says the hospital was hit directly killing five children and eight others. Hospitals mostly in rebel held area are regularly attacked. More than 40 attacks were reported in july. Global news 24 hours a day powered by our 2,600 journalists in more than 120 countries. Im mark crumpton, bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, the escalating ecustomers war, will walmarts acquisition give it enough ammo to really challenge amazon . The clash of two retail titans for ecommerce supremacy. Will apple reveal a new iphone next month, well give you a first look at the changes in store for iphone users this fall
We have some breaking Economic News on the manufacturing sector. Mike mckee has headlines from the desk. We expected a big drop in the purchasing Managers Index for the month of october. We get a drop, not a big one. We see new orders actually rising to 66 from 65. 8. That was not in anyones real forecast. Employment down just a touch. Interestingly enough prices like oil prices really having it in the impact of their. The dollar has been rising but export orders are up. A really good overall number. Thank you very much. A black mood for retailers on black friday. The National Retail federation says spending tumbled 11 over the weekend julie hyman is here with a rundown of the latest on black friday and what we know about weekend shopping. That was for the entire weekend, that 11 figure. Also some number saying individual spending, per shopper on an average basis, was down 6. 4 . Traffic fell by 4. 5 . There is one caveat we need to take with these numbers. We do not know if they are a
Low in the middle of november. Oil is slumping around five year lows. As a new month begins for the rest of the markets spending drops double digits this back friday. But online spendsing alone jumps more than 20 . Target, best buy, home depot, others go after tally target alibaba. L chinas official pmi slipped to 50. 3. Thats below forecast. The dow and the s p each finished the month up 2. 5 . Nasdaq up 3. 5 . Nasdaq, jim, within almost 5 of an alltime closing high. Can energy at 8, 9 of the index drag down the markets . Its funny you mention that because first of all i think friday was very exaggerated. Just kind of got to really take that whole black friday for oil with a grain of salt. I think it was really an anything but oil move on friday. Its like, look, just get me out of anadarko. I dont care. Get me out of some of these consho. Corrigo, get me out. What happens . What do we put it in . It never seems to go to cash. Lets just put it in land research. Lets go to kale. It was
Straight weeks for all the stat keepers back at hq. Crude oil plummeting on opecs decision to stand pat on output quotas. Oil stocks taking a hit on that news. We saw a low of 67 on wti. Brent well alove that back to 73. You can see airlines, the reverse story. Very positive moves there given thats one of their key cost inputs. It is coming down. Our road map starts with black friday. Stores and online. Well have live reports from across the country this morning with retails winners and losers. Is this a new era for Energy Prices . Oil plunges as opec fails to agree on production cuts. What it means for fuel prices in the markets and u. S. Shale producers. And a live interview with target ceo Brian Cornell. Well talk about his turnaround plan for the retailer, that data breach which has wideranging consequences and promotions planned for this Holiday Season. Bargain hunters out in force this morning but shoppers hit the stores on thanksgiving evening. Courtney reagan is in dayton, ohio
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