Or at least number of cases and number of deaths appear to be slowing. Certainly in the new york area, new york metropolitan area. Neil across the country, by and large across the globe. That does not mean cases are still increasing. It is theyre not increasing as much. Like yesterday the markets are seizing on that. That is lifting pretty much all of the major s p 500 sectors. All 11 that weve been keeping an eye on here. That despite what youre seeing happening in americas busiest thoroughfare, what used to be times square in new york, the crossroads of america, has been all but tumbleweed territory but again a lot of what youre seeing shows that right now at least in the markets maybe there is a sense those roadways will be busier and soon. There is no way of telling. Blake burman is looking what does justify or will describe what gets people out of their homes and what the government is looking at, what the United States is looking at, what states are looking at, to sort of get goi
On slowing the spread of the virus. New cases of it on the decline in major hot spots including new york. Dr. Tony fauci saying the death toll in the u. S. Could be 60,000 versus earlier estimates of 240 people dying. Donald trumps Approval Rating hit alltime high for him amid coronavirus pandemic and also showing an overwhelming majority of americans are concerned about a recession. The virtual opec plus meeting which included saudi arabia and russia ending in a tentative agreement to temporarily cut production by about 10 millionbarrels per day. But mexico could derail the plan. Oil declining near the trading session over concerns about the Production Cuts that they wouldnt be deep enough. U. S. Markets are closed today in observance of good friday but yesterday u. S. Stocks rallied, dow, nasdaq, s p all up more than 10 for the week. S p having the best week since 1974. In asia overnight markets were mixed, you can take hang seng and hong kong closed for good friday. European markets
I am jon fortt, mike santoli, Carl Quintanilla has the morning off, and Morgan Brennan is live from cape canaveral, florida early this morning, boeing starline had complications with delivery post launch morgan reporter yes, thats right, jon. Complications that are continuing to be assessed, addressed, and shape what is going to happen, the next steps for the boeing starliner spacecraft this was the first test, first flight of starliner, uncruewed, no people on board, failing to make the trip to the International Space station as was planned. The launch itself which happened about 6 36 a. M. This morning went according to expectation. The issue arose when starliner separated from the upper stage of the atlas 5 United Launch Alliance rocket, about 15 minutes later, an issue that can basically be summed up more or less as one tied to automation and it was an anomaly that just a short while ago in a press conference with nasa, boeing and the United Launch Alliance officials was summed up
It is 1 00 in new york, 6 00 in london, 2 00 a. M. In hong kong. Im shery ahn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world that we are following. Two more trading days in what has been a blockbuster here for equities. While the euphoria last into the new decade . China takes another step to liberalizing its financial system, ordering lenders to adopt a new pricing regime. It is still early days in goldmans push to bank middlemarket companies but it is making progress in one count. Rating talent from rivals. Whats get a check on the market with kailey leinz. We are almost done with 2019. Kailey two trading days left. We are a little bit softer, invt easy. Right now, the s p is lower by. 3 , as is the dow and nasdaq, all of this on lighter volume. Even as stocks are lower, so our bonds. The 10year yield looking at 1. 9 . That is leading to a bear steepener money look at the spreads between lon