It and shares of astrazeneca falling premarket, the drug maker hitting pause on its late stage Coronavirus Vaccine trial. Jim, you just tweeted coming to us in a few. Fired up about what . Fired up because i think that people have given up we had 10 correction, most of the people i heard except for jim pullsen in the previous show basically say, look, this is a dangerous its a bubble, its a bubble, its a bubble. Now, i think that anytime the market opens up big, carl, i dont like it but europe is up strong, i think that this idea that its a bubble, what is the it is the it tech is the it apple . Is it tesla . Lets take it case by case ive seen things that have come down a lot that are very interesting. Its just that im not sitting here saying this is the moment where you must buy all the zoom in the world but zoom just fell 30 zoom had a really great quarter. I had cloud strike on last night. People will say these are viciously overvalued, but they have come down and maybe this is the
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening here a quick look at the treasury market youll see right now, the 10year looks like it is yielding 0. 676 . It is that jobs preview people are waiting for to get a sense of what is happening in the economy. Lets bring you the preview maybe not the numbers itself but get ready for them markets in the u. S. Are closed tomorrow in observance of Independence Day today is jobs thursday forecasters expecting an addition of 2. 9 million nonfarm jobs in june Unemployment Rate expected to dr drop calling
Keeptened to derail a you i u. K. Deal with the eu. Anna good morning. This is bloomberg daybreak europe. We have been tracking the tax story. Manus had a bear in what we saw in u. S. Equity markets. What we are seeing an Asian Session is where we are headed in the trading day. Heain and the key role plays. The dow over 24,000. You the equity story from yesterday. We are expected to go a little lower. Keep an eye on what is happening in asia. Thetax story also affecting dollar. The broader story for the week is different. Keep an eye on treasuries. We saw treasuries holding their side. We have the oil price up around a third of 1 . Expected, i suppose you touched on those equity markets. How broad is your rally . Futures are at the bottom of your screen. How broad is the stock market rally . Heve put together the breadt indicator. This is where we are on the s p 500. H ismeasure of breadt expanding and a is usually a sign of good health. The realized correlation, that is an indication
Halftime report starts now. Just because were not up or down a thousand points of the dow does not mean the markets are calm in fact, the dow has been up and down tripledigits today now right now we are holding on to the strong gains, but with three hours to go, you never know what could happen risk also coming off just a bit as stocks rise volatility gauges are falling but the vix still above 20 match. Com soaring the dating site which oend owns tinder as more people sign up chipotle down and comp sales missing targets and it expects the decline to continue toward the middle of the year and wynn resorts and michael kors an and hasbro rallying and wynn, get to that story soon. Im Tyler Mathisen breaking news out of washington, Senate Leaders have announced a longterm budget deal. Kayla is on the hill with details. This is a deal in discussion since this fall. But earlier today just a few minutes ago leadership from each party in the senate took to the floor to announce they had resolve
Second, they may be inhibiting their ability to explore world markets. And i dont care what country you are, even if the Global Economy is bigger than you are. Dont cut yourself off from access to it. The same message needs to get to the european who is are struggling with a Single Market which at the same time may be accidentally preventing themselves from participating in a Global Market and letting the Global Market participate in the european one. So my message has always been economic. It is in your interests, mr. President , to invest in the internet, to keep it as open as possible and to allow your creative population to make use of it. No country has a corner on creativity and invention. Its uniformly distributed throughout the population of the world. Its just that the people with these ideas dont always have the wherewithall and support in order to explore those ideas. I will give you as a concrete example of that, how many folks come from india to the Silicon Valley or seatt