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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Businesses are failing, tourism has collapsed and confidence is shot. Beijing is expected to confirm the new security laws for hong kong later on tuesday after imposing visa bans on americans it says are interfering. Shery lets get you started with a quick check of the markets. We are seeing u. S. Futures flat at the open. We had a rally in the regular session with u. S. Stocks surging. The s p 500 erasing its june declines. All 11 sectors in the s p 500 closed higher, being led by industrial, communication stocks. We had some positive Economic Data. Pending home sales posting a record game, offsetting concerns of the virus resurgence over some states in the u. S. Including florida and new jersey. We have the dollar also closing around the four week high. Take a look at what would liz doing. Under a little bit of pressure but still above 39 a barrel. Oil rebounding from the weekly loss as we got better than expected Economic Data. We are still seeing a bit of a bearish picture in the o

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