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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

Protesters in hong kong, saying the nba has acted like a subsidiary of chinas communist party. Bogard onn bulgari. We bring you our exclusive interview from shanghai. Shery later, we bring you more on amazons after hours stock plunge, but first, lets get you started with a quick check of markets. We see u. S. Futures unchanged at the moment after we sawtek shares leading the gains on the s p 500 which closed above that 3000 level. We had Semiconductors Leading the gains. The Philadelphia Semiconductor index gaining 2. 5 after we got a positive outlook coming out of lam research. The dow, though, underperformed. Had three of we results showing the Global Industrial slump we are seeing is really weighing on the company. Of course, this just part of a raft of earnings we got today including microsoft ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

The big chief opens the door to rate cuts as he announces a new appetite for treasury and insists it is not the return of qe. Shery later in Bloomberg Technology global link, how washingtons latest salvo against chinese tech is the most lethal threat to beijings ai ambitions. Lets get you started with a quick check of the markets. U. S. Future slightly higher at the moment. This after the s p 500 fell for a second consecutive session, down 1. 6 . The dow also lost more than 300 point. Semiconductors taking the biggest hit. They fell the most in about six weeks. Weve had potential retaliation coming from china after the u. S. Blacklisted its tech firms. It was really another rush to safety. We had a treasury rally that sent the 10 year yield towards 1. 5 , the lowest in a month. Haven currencies rallying such as the swiss franc and japanese yen. We have the tech firms taking the biggest hit as well with the nasdaq falling 1. ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

Ranking executive to leave amidst the 737 max crisis. Nike names a new ceo. John donahoe will take over next year as the Company Looks to sharpen its technological edge. Shery first, lets get you started with a quick check of the markets. We are continuing to see pressure on u. S. Futures which are down 1 10 of 1 . This after we had the major indices finishing in the red. The s p 500 lost 4 10 of 1 . We had some weakness for the tech sector offsetting the rally we saw in energy companies. Oil jumped after the report of the opec plus discussing their cuts. The dow down to tenths of 1 , while the nasdaq lost 7 10 of 1 . We have uncertainty over what happens with brexit. We had key votes happen in the u. K. Parliament. We will discuss that later in the show. We also have a mixed bag of earnings when it came to those results out of the u. S. 1 5 of s p 500 companies are reporting this week. We have some solid performance out of united ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240713

There could be a muted start. Turkey battles the kurds in syria, washington ready to hit turkey with sanctions if it oversteps the line. Shery we are seeing u. S. Futures higher at the moment after major indices on the u. S. Markets closed higher by more than 1 on friday. There was a lot of trade optimism, but suffice it to say stocks pared back early gains late in the afternoon session. There was no real signed document between the u. S. And china. We saw the s p 500 jumped the most in a month. We had Semiconductors Index gaining the most in five weeks. The nasdaq closing at the twoest level in about weeks. We saw a lot of movement when it came to treasury markets. We saw yield gaining ground and the risk on move affecting other Asset Classes like the japanese yen and gold. Lets see how we are shaping up. Off for then is long weekend. Asian stocks closed. The first week ....

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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240714

No more work for wework boss adam neumann, he is quitting a ceo saying it is in everyones best interest. Kathleen lets get a quick reminder of how u. S. Stocks ended the day. It was all about politics. Geopolitics. The dow jones losing a half percent. S p 500, nearly a full percent. Drop pointl, the 10 in Consumer Confidence in the u. S. Our people worried about the trade war . Yes. Donald trump increasing the downward pressure on stocks when he gave his speech at the u. N. General assembly and started talking about wanting free trade, reciprocal trade with china. Criticizing him for heavy state subsidies and more. Social media platforms that hit the tech stocks, stocks across the board. Bonds down sharply. Tuesdays market volatility came to a head when news of nancy pelosi would launch a formal impeachment inquiry as she made that official moments ago. Speaker pelosi the actions of the
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