Border protection Officials Say that they encountered about 52,000 migrants at the border last month, down about 65 in may of one of 44,000. President trump had threatened to impose tariffs unless the country helped to stem migration. Bloomberg has learned the u. S. Is moving ahead with talks on restricting capital flows into china. There is particular focus on limiting chinese stocks and u. S. Government pension funds. The u. S. Supreme Court Appears to be divided over whether federal law protects gay employees over being fired because of their sexual orientation. Todays hourlong session suggested that gay rights advocates had the chance to win the votes of conservative Justice Neil Gorsuch along with the four liberal members. Separately, the court is considering whether the main job bias law, known as title 7, outlines lgbt discrimination. Global news, 24 hours a day on air and tiktoc on twitter powered by more than 2,700 journalists and analysts in over 120 countries. I am Mark Crum
Peoples republic and communist party rule. We are live from beijing and hong kong. Shery lets get you quick started on how the markets are trading. U. S. Futures gaining one quarter of a percent, this coming off the back of gains we saw on this u. S. Session with the s p 500 gaining. 5 . The s p 500 gaining ground for the Third Quarter in a row, managing to rebound in the month of september after the losses we saw in august. When it comes to todays session, we saw every sector in the green except for financials and energy. We have 10 year yields paring back some of the earlier gains to train around 1. 67 . Wti fell below 55 a barrel. Tech fueling the gains in this session as the Trump Administration partially refuted some of those reports that it may potentially target chinese capital. The nasdaq gained. 8 . We are looking ahead of the asian open with a couple of markets on holiday. Paul that is right. We do have new zealand trading, currently looking kind of flat right now in new zeal
That awaits. Executives andv. Executives and v. C. s will meet to discuss whether the system for ipos is working. Could there be an easier solution . But first, to our top story. Facebook Ceo Mark Zuckerberg is willing to take on the government if Elizabeth Warren wins the presidency. About a july verge meeting with employees. Toif Elizabeth Warren wants break up the company, i expect we will win the legal challenge, does that suck for us . Yes, i do not want the have a major lawsuit against our own government. That is not the position you want to be in. We care about our country and went to work with our government and do good things, but at the end of the day, if someone is going to try to threaten Something Like that, you go to the mat and fight. Taylor zuckerberg also spoke on other topics, including their cryptocurrency, libra, and the competition with the chinese social app tiktok. And there is a lobbying group that represents Big Tech Companies like facebook and google, a guest,
Hurting the economy. Retail sales and Hotel Offices tumble. Tourism from china sliding more than 40 . Shery later on Bloomberg Technology global link, we will talk about airbnb charting an unconventional path to the Public Market and how vcs are looking to disrupt the ipo business. Lets get you started with a quick check of the markets. U. S. Futures gaining 1 10 of 1 but this after we saw the s p 500 fall the most in about a month. We have the s p 500 finishing below its 50 Day Moving Average of 29. 48. Every sector turned to the red after we saw that we u. S. Manufacturing number appeared we had industrials leading the declines, not to mention banks moving lower as we had raising pressure towards the 1. 6 level. High volatility was pretty and the vix headed towards the 20 level as we have had october very volatile, if not the most volatile month of the year. That also having an impact on the markets. We are seeing u. S. Futures slightly higher at the moment. Lets see how asia futures
Is leaving his post, but says it is for personal reasons. He was confirmed as ambassador to panama in 2015. Turkey is warning its citizens about traveling to the United States in retaliation for a new u. S. Travel advisory that warned americans about terror threats and arbitrary detentions in turkey. The u. S. Travel warning is set to unfairly portray turkey as an unsafe country and did nothing to improve frayed ties between the nato allies. The same Russian Hackers who penetrated the Democratic Party have spent the past few months laying the groundwork for an Espionage Campaign against the u. S. Senate. According to trend micro, which suggests the group is trying to gather the emails of americas political elite. The hackers are looking for confidential information to leak. Global news 24 hours a day powered by over 2700 journalists and analysts in over 120 countries. Im mark crumpton, this is bloomberg. Scarlet live from bloomberg World Headquarters in new york, im scarlet fu. Joe im