Ceo speaks frankly about industry issues. We are going deeper than normal and i think that is good. We encourage that. There is always politics in the background steady. You need to keep going, steadily. And keeping the eyes on the ball. Emma plus, facebook reveals the project that goes beyond social. Sandberg insists the company is ready to embrace it. Companies like ours should not make as many decisions as we do, we know that. Emma it is all straight ahead on bloomberg best. Hello and welcome. Im emma chandra. This is bloomberg best, your weekly review of the most important Business News and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines and last weeks protests against an extradition law in hong kong continue over the weekend. As monday dawned in asia, the government responding to extreme public pressure. Hong kongs leader made a rare apology over her proposed extradition bill, this after hundreds of thousands of prote
S p 500 as we ask whos next . And demand surging ahead of the reddit Public Market debut. And the ceo shakeup after the botched bet on electric vehicles. Its monday, march 18th, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning and welcome to Worldwide Exchange. Thank you so much for joining us early on this monday. Lets check this hour off with the stock futures with the s p 500 and nasdaq coming off the first backtoback weekly losses since october. You see the s p 500 is firmly in the green. Implied opening up 21 points. Die Dow Jones Industrial average is in the green. Investors are gearing up for a big week for the markets and a bigger one for Central Banks with more than 20 Interest Rate decisions on tap. Bank of england and bank of japanese and Federal Reserve. Lets get a check of the bond market with yields near threeweek lows. Twoyear yield is lower and the tenyear treasury yield is 4. 3 . Oil is holding above the 80 a barrel mark. Wti this morning is up.
Good morning. This is bloomberg daybreak europe. These are the stories that cite your agenda. A selloff in chinese equities deepens as the property sector crisis continues with Country Garden ocean shares plunging. Save the date. Goldman sachs says the fed will start lowering rates by the end of next june with cuts being gradual and quarterly. Plus the yen weakens through a key level against the dollar, triggering speculation authorities may intervene to support the currency. Good morning. Happy monday. Welcome to a new week. The last week ended with stocks scrambling for something to cling onto. The s p 500 closed a month low. The nasdaq notched its longest weekly losing streak this year and the latest mixed Economic Data did not do much to help. If you are a stock or treasury bull, bill gross has a message for you. He says the fair value of the 10 year up and is about 4. 5 . But look at where we are this morning. 4. 17 , up two basis points. A way off to go. In asia, the selloff in c
Julie they are considering raisin the stake in this company to 25 . Information. More i just wanted to bring you that headline initially as we get it read as the day goes on, things have gotten more negative. Initially, the read by economists was it was not as bad as it looked on the surface because Labor Participation had ticked up. Seasonally, we see september higher. That is not helping stocks. Stocks have continued to fall to their lows. You can see this on the oneweek chart. Today, stocks were dropping off. 9 10 for p is off weak. We are also watching the bond market. We have seen a muted reaction on the shorter end of the curve. Yields had briefly gone lower. The fed is on track to raising rates once more this year. Now we are going to get more details on that Deutsche Bank story. Written already had that some of the major shareholders and Deutsche Bank had been speaking with the bank about backstopping its liquidity issues. People are hearing from familiar with the plan who decl
Julie they are considering raisin the stake in this company to 25 . Information. More i just wanted to bring you that headline initially as we get it read as the day goes on, things have gotten more negative. Initially, the read by economists was it was not as bad as it looked on the surface because Labor Participation had ticked up. Seasonally, we see september higher. That is not helping stocks. Stocks have continued to fall to their lows. You can see this on the oneweek chart. Today, stocks were dropping off. 9 10 for p is off weak. We are also watching the bond market. We have seen a muted reaction on the shorter end of the curve. Yields had briefly gone lower. The fed is on track to raising rates once more this year. Now we are going to get more details on that Deutsche Bank story. Written already had that some of the major shareholders and Deutsche Bank had been speaking with the bank about backstopping its liquidity issues. People are hearing from familiar with the plan who decl