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Transcripts For BLOOMBERG Bloomberg Markets 20160321

They are the highs of the session but that is not saying much. Stocks are up about. 2 across the board. The gains we are seeing are relatively muted today. The nasdaq about. 3 and the volume is low. Look at the volume by sector, all of these are as you see at the top of your screen are down. Telecom and materials Trading Volume seeing substantial declines across the board. 20 dropeing about a versus the 20 day and 100 day averages. If you take a look at oil prices, that is something that is worth mentioning. Were some headlines coming out saying that even though iran was not ready to freeze production now, it would be at some stage. There was commentary iran wants to ramp up its production before they want to do any kind of freeze. They come down and volatility has coincided with an increase in oil prices and stocks for that matter. Bank of america and merrill measure of volatility in white has come down as crude has come down. February 11 is when we saw the short term low and the rebo

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