In the market now. Julie very little changed after simultaneous records for the major averages. That is the first time all three have closed at a record its july 26. Taking upo upon is after a couple of games. That is the balancing act that we are seeing. Apple was lower in early trading and it remains lower as we get underway at half hour after the start of trading. In mind that apple shares have rallied about 40 this year. Sos the best rally far and analysts have been positive on introduction of products, including the iphone 10. One small caveat is the shipment date is a little bit later than some expected. That could push some of the sales into the following quarter so that could explain a little bit of the pullback here this morning. The other stories were watching stock wise are nordstrom on report that private equity firm Letter Agreement partners may help fund a buyout to take the company private. The Nordstrom Family said it was considering a buyback in june. The family is not
This is bloomberg surveillance and im Francine Lacqua in london. We are just getting some breaking news from the oil markets. Its 2017 lifting growth demand estimate to the strongest in two years. This is significant because we heard, i guess from insiders that opec, along with its allies, are also said to be discussing expanding cuts by more than three months. What does that mean for oil . The iaea says the strongest Global Oil Demand growth in two years. Brent, 54. 32. We will be speaking, right here on surveillance. In the meantime, it is time for you data check. We saw gains over the last couple days. These stocks are definitely rallying. Treasury yields are declining. The dollar snapping a two day advance. I will show you crude and the pounds, ahead of the u. K. Jobs data at 9 30. Reporter apple has unveiled its 1000 iphone, which features of rented reality and facial Recognition Technology. The company also rolled out an updated apple watch and tv box. The product announcements w
For a barrage of challenges. I dont think anybody and an Investment Bank for client will say they have it all figured out. Ceos chair insights in exclusive interviews. We are slowly heading back to normalization. When trade stops, work starts. The Auto Industry looks electric. This is a longterm trend. It will get stronger. Straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, region still under siege from a powerful storm. Weakened as itma moved past cap, leaving millions of people without power and millions displaced. We are getting a sense about how long it will take for people to get a grasp on the damages. 130, 135, 140 mile per hour winds. They will have to wait to get into aircraft. Helicopters and planes to survey the area before they can come up with culinary estimates preliminary estimates. Damage could re
I think we will have fragmentation and consolidation at the same time. I dont think anybody and an Investment Bank for client will say they have it all figured out. From ibm to alibaba, ceos insights in exclusive interviews. We are slowly heading back to normalization. I believe when trade stops, work starts. The future of the Auto Industry looks electric. This is a longterm trend. Something we see will be a move that will get stronger. It is all straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu. This is bloomberg best, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, region still under siege from a powerful storm. Hurricane irma weakened as it moved past tampa, leaving 5. 8 Million People without power and millions displaced. We are getting a sense about how long it will take for Public Officials and people in florida to get a grasp on the damages. Naples got
For a barrage of challenges. I think we will have fragmentation and consolidation at the same time. I dont think anybody and an Investment Bank for client will say they have it all figured out. From ibm to alibaba, ceos share insights in exclusive interviews. We are slowly heading back to normalization. I believe when trade stops, work starts. The future of the Auto Industry looks electric. This is a longterm trend. Something we see will be a move that will get stronger. It is all straight ahead on bloomberg best. Scarlet hello and welcome, im scarlet fu. This is bloomberg best, your weekly review for weekly Business News and analysis from Bloomberg Television around the world. The week began with attention focused on florida, a region still under siege from a powerful storm. Hurricane irma weakened as it moved past tampa, leaving 5. 8 Million People without power and millions displaced. We are getting a sense about how long it will take for Public Officials and people in florida to ge