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Transcripts For BLOOMBERG Bloomberg Markets 20160413

Julie i want to look at facebook. The shares dropped suddenly just in the past 15 minutes. They are bouncing up off the bottom of little bit. There is some talk, i saw some tweets about ad spending and figure out exactly what might have been said to cause the decline in the shares. The reversal, really they are down 1. 6 percent. We will keep digging and bring you an update when we have news from that conference. For a look at the broader markets, we are seeing a rally across the board. We see a gain of 1. 2 in the nasdaq. If you look at the dow, the dow is also up. 8 . We have been seeing a range earlier in the day and a leg up around 11 30. Jpmorgan is a big part of what is going on in the dow today. The earnings falling yearoveryear and trading sales falling euro per year that all of the declines were smaller than analysts had been estimating. Jpmorgan has actually been building on its gains throughout the day. This may shares are rallying. Jpmorgan is raising the analyst estimates.

Funding Societies secures $27m debt funding to support SMEs

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