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BLOOMBERG Bloomberg July 3, 2024

Apple. Lets check in on the markets and tech is the laggard of choice. The nasdaq 100, down 1 10 of 1 and we know stocks sometimes struggled in the face of raising bond yields. A look at the 10year yield pushing to 2007 highest so we are anticipating strong data we have seen out of the u. S. The macro picture looks better and that means ultimately, what that means for the federal reserve. We are looking at crine shares. China itself trying to stimulate it economy and the u. S. Are trying to impede its technological knowhow. Lets look at the individual areas of risk assets we like to focus on. With bitcoin, we have had a wild ride. His larry fink is larry fink on the side of bitcoin . Certainly. It looks like he moved to a place of solace and an area to be seen as safety and that is what seems to be talked about with the head of backlog head of blackrock. Ed there is a lot in the new cycle that is pushing individual stocks. Lucid ev maker saw it production drop 30 and casting doubt abou

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BLOOMBERG Bloomberg July 3, 2024

Haidi welcome to bloomberg daybreak australia. I am haidi stroudwatts. Annabelle we are getting done to asiapacific is a major market opens. Shery good evenii am shery ahn. U. S. Stocks slipped ahead of the jobs report that may set the tone for the feds november meeting. Treasury yields holding below recent highs. Haidi the sec is seeking to force elon musk to answer further questions about his purchase of twitter shares after he failed to show up as requested. Annabelle gm making a safed offered to workers, but it may not prevent strike spreading as the sand of heads for a fourth week. We are not necessarily going to see the impact of the strikes when it comes to the rest september jobs report coming up in about 14 hours. The uaw strike began after the survey window close, but we are expecting economist to see slowing but stll healthy growth in nonfarm payrolls, 17,000. This coming at a time when we are contending with those job numbers. We had a mixed picture this week. We had the we

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CNBC Street July 3, 2024

Is it lagging 1 and a half percent and the auto industry. Travel measure is down one percent. And some retail is see some decline at 1 also. Is this the number one story for investors this morning. New records being broken. This is the first time touched that. Earlier on in the week, japan had to come in and do a bond buying operation to sustain some of the higher yields. What is the fund . She shrugged it off and continues to fire. The trend is a lot of moves higher to your treasury notes sitting at 5. 1 . This is a higher than average narrative. And it is now 30 . December is now priced for 57 of a 25 basis hike. That is the highest that we have seen since august. And after ten year notes, were sitting at 4 headlight 62. A lot of people have been talking about that as well. And these are ten basic point higher. That is a 16 high at this points. Lets talk about the german yields. We have the curve and the inverted tier as well sitting at 3. 22. The interpretation from the market is th

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It s a Wonderful Life Shares This Strange Connection With Robin Williams

It s a Wonderful Life Shares This Strange Connection With Robin Williams
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Franne Lee, who designed costumes for SNL and Sweeney Todd, dies at 81

Franne Lee, who designed costumes for SNL and Sweeney Todd, dies at 81
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