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Transcripts For BLOOMBERG Bloomberg Bottom Line 20141017

Crisis and travel concerns. We begin with a market rally after and eightday losing streak. Good afternoon. Good afternoon. At the midpoint of the trading day, u. S. Stocks are rallying as we close out the trading week. U. S. Data is showing new Home Construction rose in september after slumping a month earlier. Consumer confidence also surprised wall street, rising this month to the highest level in seven years. Saying theyed in, will start purchasing assets in the next nine days. That said, the s p 500 is still down roughly 6 or says the highway saw september 18. An economist at lpl financials says the markets seem to have a. Y the dip mentality most of the traders get ready to hit the weekend. Will the gains last on monday, or are people stepping in because it looks like the market was oversold. We have also been watching treasuries how our bonds doing . Essentially, falling for a second day. The 10year yield up the most in one month. Look at what is happening, spiking through the 2

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