It is official. The pandemic has triggered the steepest Economic Contraction in history, but markets in this final hour dont look nearly as bad as they did when the number for gdp q2 came out earlier. Right now, the dow is down 193 points but the low had been a loss of more than 500 points. Yes, we saw that the covid had created a stunning collapse in growth but nowhere at the moment where we see the nasdaq up 56, thats where we see some real strength. But the reaction is most prevalent in safe haven government treasuries. To the tenyear yield which moves, by the way, inversely to the bonds price, diving into a hole. We are at. 55 for the tenyear yield, as worried investors decide it is risk off. All right. So President Trump is making comments right now at the headquarters of the American Red Cross in washington, d. C. Lets listen in for a moment. These therapies transfuse powerful antibodies from the blood of recovered patients to help treat those battling the current infection that
51yearold will is all the way here. My feet hurting, my back hurting. Celebs under attack by pranksters a Paris Fashion Week nearly tackled to super model gigi hadid removing an imposter from the cat walk. It has been a wild week. Here are the latest developments. On tuesday after super model gigi walked into chanel Spring Summer 2020 show, an imposter ran up and crashed the catwalk. A french youtube comedian. Whim he kind of dressed the part of the model, hadid wasnt having it. Watch as the intruder tries to escape. Yeah, this isnt gigis first time pouncing on a prankster. Italy, 2016 after working another fashion show, a male youtube jokester confronts her and grabs her. This latest incident blew up twitter. Rapper cardi b was front row, but where was gigis guy . Are you single right now . Uh, maybe single. A source tells e. T. That he is single. He and gigi are no longer dating. Were just friends. Later the same day another incident Justin Timberlake nearly tackled at the Louis Vuit
Lenin thinking about you, taking care of you, or just watching you. Get in touch with us using the hashtag beyond one hundred days hello and welcome im katty kay in washington and Christian Fraser is in london. Donald trump today wants to talk about tax reform, his asia trip, Hillary Clinton and even the white houses halloween decorations, but american journalists, prosecutors and lawmakers are all consumed with the dramatic developments in the russia investigation. No amount of candy is going to change that. Meanwhile on capitol hill, the three Big Tech Companies are being hauled in to answer questions about their unwitting involvement in moscows bid to meddle in the 2016 election. In detailed disclosures sent to congress on monday, facebook revealed the Internet Research agency, a Russian Company linked to the kremlin, had posted 80,000 ads over two years. Roughly 110 a day. 29 Million People accessed them directly, before and after the election. Those posts were liked, shared orfoll
Wake of terror attacks. Apreme leaders spoke aboard aircraft carrier. Crumpton, this is bloomberg. Bloomberg west does next. Is next. This is bloomberg west. Coming up to my tech takes charge. Why the sector is exerting more control in u. S. Markets than at any other time since the. Com bubble. This is going ecommerce start up behind the great wall. Toy cut a deal with alibaba give amazon a run for their money. And chinas big plans for the advertising aid. Latest to bes the snapped up by chinese investors. The ceo joins us later this hour. First, to the lead. Tech stocks exerting more control over u. S. Markets than in any other time since the internet bubble. The largest tech stocks, were talking microsoft, alphabet, this split, amazon, seeing massive multiyear rallies. That is closest to its widest ever. We have more. Break it down with me. Exit is getting to be about 21 . When you look at the magnitude in terms of how much the percentage changes, it is relative to the rest of the ma
To let transgender students use bathrooms and locker rooms consistent with their chosen gender identity. The ruling applies nationwide through the judge said federal officials failed to follow rules requiring an opportunity for comment before such directives are issued. German chancellor angela merkel, france holland and matteo renzi promised to increase joint European Security efforts in the wake of terror attacks. Supreme leaders spoke aboard a aircraft carrier. I am mark crumpton, this is bloomberg. Bloomberg west is next. This is bloomberg west. Coming up to my tech takes charge. Why the sector is exerting more control in u. S. Markets than at any other time since the. Com bubble. This is going ecommerce start up behind the great wall. They cut a deal with alibaba to give amazon a run for their money. And chinas big plans for the advertising aid. Media. That is the latest to be snapped up by chinese investors. The ceo joins us later this hour. First, to the lead. Tech stocks exerti