World . And another heatwave in the northwest. Wildfires continue to rage in california and colorado. How technology can battle the blaze. But first, stocks ending the week mixed. We saw a tech slide. House Speaker Nancy Pelosi saying the divide still persisting in stimulus talks with the white house. Lets get the latest from bloombergs abigail doolittle. Abigail another bumpy one. Had decentay we gains for stocks. Options Expiration Date tends to bring volatility. We saw that into the close. Often you have traders that need to hedge on different positions around the options to the underlying security. The nasdaq 100 earlier today up pretty sharply, then closing down about 4 10 of 1 . A bit of a bearish reversal for the nasdaq 100. One of the big drags was amazon giving up big gains on the day. Ay may not have been as inspired as it was last year. Something we talked about earlier this week, since the stock was down both days of the event. Traders for whatever reason, you will see that
In spain, new infections slowed slightly but officials are worried about a second wave of covid19, now that the country has emerged from a strict lockdown. In portland, oregon, another night of violent protests. Targeted a u. S. Immigration and Customs Enforcement building, spray painting the building, breaking windows, and shining laser lights on agents. Authorities declared it a ride and used tear gas to break up the crowd. Violence is ripped the city for three months since george floyd died in Police Custody in minneapolis. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following from around the world. A stumbling block for the u. S. Labor market as applications for Unemployment Benefits inc
Arrested the Chinese Foreign ministry saying that u. S. Sanctions on hong kong and chinese officials are violating International Law. Now sanctioning u. S. Lawmakers including senators ted cruz and marco rubio. Twitter nation a move for tic took wall street journal reporting for preliminary talks are held between social media giants, where this leaves microsoft, ahead. Turning to the futures, market it is this morning the s p 500 and nasdaq posting their second straight winning week. The dow was the big winner up 3. 8 attack a look at the markets last week. Moving on to the origins of the russia investigation senator Lindsey Graham revealing new documents to Maria Bartiromo that he says show the fbi misled the Senate Intelligence committee. The fallout, ahead. Unrest in america, chaos erupting in chicago looting reported across the city, after a Police Involved shooting. And another riot in portland. The unrest continues. Plus amazon warehouses could be coming to a mall near you. Morni
It has been a choppy session. Down. 1 , while the nasdaq is up. 2 . The dollar index is strengthening. 97. 55. We had a drop in the 10year yield, we are back at 70 basis points. Lets get some details on what is moving in the market. Scarlet fu is with us. A mixed trade across Asset Classes. Certainly within equities. The backdrop is the next Economic Data we got. The philly fed numbers were interesting, in that they confirm the empire numbers from last week, back in expansion mode. Manufacturing is no longer contracting in the region. All of that is helping to lift the city index to a record high, spate ofg that recent better than expected Economic Data. Oil approaching 40 a barrel. Iraq says it will begin complying with opec production cuts and is working on a program to compensate for cheating in may. It is curious it is not getting ts and to reits utilities. A couple of movers on earnings. Kroger is the second worst performer in the s p 500, beat on the top and bottom line for next
An officer. He spent one year in iraq as a platoon leader and later a oneyear tour in afghanistan. Nicholas moran is also a graduate of the u. S. Army command and general staff college. Hes been working as San Francisco bays war gaming americas in the house tanker and historian since 2012 and has the nickname of the chiefton. Might want to remember that. His first book on the development of Tank Destroyers is scheduled for release in the first half of 2018. Nick is known for articles and reviews of tanks inside and out. Lots on youtube called inside the chief tans hatch. Or there is there is this video cast on spanns American History tv. Ladies and gentlemen, nicholas moran. [ applause ] thats about as high as it goes. Good evening oh, boy. Todays talk is whitey sherman as it was. Thats not a very good title but it was the best i could come up when i was asked, hey, will you give us a talk. So im going to do the obligatory shoutout. The people who paid for me to come out here. We alrea