Heading our way in an hour and crude inventories not long after that new record at the open but the selloff for tech stocks continues to weigh on the nasdaq and s p. Jack ma, the push to brick and mortar and why jeff bezos struggled in the Chinese Market. A turning point for snap, a key 2018 outlook upgrade shares are up in the premarket. Futures are pointing to a higher open after the record setting day for the dow and s p offset by the sell offin Technology Microsoft and amazon had the biggest impact on the nasdaq and optimism surrounding tax reform. We did manage to get the vote in the house to go to conference with a little bit of drama last night. Jim, you said the reversal yesterday, doesnt bode well well, look, i was doing my show and you posted a little squib about reversal and i did not realize how serious reversal was obviously its more serious for the but i find reversals catch people out of position when youre out of position, you scramble and start reaching for things you
333 with nine abstentions on that resolution. The crisis has left people dead 600,000 toand driven neighboring bangladesh. In a session that ran 20 minutes over its allotted hour, Supreme Court justices peppered both sides with questions and dropped each other as they debated whether a baker bakeries trumps of speech rights freedom of speech rights. Bakers firstthe amendment claims of artistic freedom against the antidiscrimination argument for the Colorado Commission and the gay couple of the baker turned away in 2012. This is bloomberg. Julia lives, in new york, im julia chesley. Joe im joe weisenthal. Julia the s p, a brief tech rally. Joe the question is a whatd you miss . Why the inclusion of the alternative minimum rate was going to leave many tax firms with higher bills. Conference,media Mark Thompson joins us. And wall street banks on the wrong side of the law . Whether jpmorgan and others have played a crisis to attract business from hedge funds. Whatd you miss . Many are tryi
And republican gillespie for governor. In new jersey, republican Lieutenant Governor is challenging a former democrat to replace the outgoing governor, chris christie. In new york, bill de blasio is up against a republican hallenger. Malliotakis. The pentagon has been aware for at least two decades about failures to give criminal history to the fbi. It includes information the air force did not report about the Texas Church Shooter Devan Patrick kelley. Devin patrick kelley. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Cory im cory johnson from new york. This is bloomberg technology. Coming up shares of snap are in freefall in afterhours trading after a crummy earnings report. Well break it down. Plus, alphabets soup driving unit close to chauffeuring people in minivans without human backup drivers. We have a Progress Report from the ceo. Congress continues to make the case for
Chrisnew jersey governor christie spoke emotionally about the problem during his president ial campaign and will lead the commission. U. S. Ambassador to the United Nations nikki haley is accusing the organization of partnering with what she called a corrupt government in congo. The ambassador also says she supports a massive cut in the Worlds Largest peacekeeping mission. She spoke today at the council on or in relations in new york. Global news 24 hours a day powered by more than 2600 in oversts and analysts 120 countries. Im mark crumpton. This is bloomberg. Scarlet live from bloomberg World Headquarters in new york, im scarlet fu. And im joe weisenthal. We are 30 minutes from the close of trading in the u. S. Brexit begins. Prime minister theresa may normally begins the process of exiting the European Union, and unprecedented cap that will reshape its relationship with its closest allies and unprecedented path. Or more from top fed officials over the next couple. F days we will hea
A panama law firm called Mossack Fonseca, 11 million documents taken from that law firm, given to a german newspaper, which shared them with a Global Consortium of Media Outlets around the world. In those documents, according to the reporters who had a chance to go through them, are accounts of World Leaders, as many as 12 World Leaders who set up shell corporations using that Panamanian Law Firm to allegedly hide assets around the world. One of the leaders under scrutiny today is Vladimir Putin. His name does not show up in the documents personally, but the names of a lot of his close confidants and inner circle do show up in those documents. The kremlin has already had reaction here and were getting reaction from some of the world capitals to this story. Kremlin saying this report was simply an information attack on russia. Also reaction from the icelandic Prime Minister who is being interviewed by a Television Crew when he was asked about this. He stood up, walked out of the intervi