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170 points to the upside. Look at the nasdaq, up almost 7 right now. Again, we are keeping a close eye the dow. It could be the best day for the Dow Jones Industrials since 2008. We are on the markets for you. Liz is coming up, plus we are talking about wall street. They are rallying. Now the crisis. This coronavirus still has a big part of the economy shut down and we are shut in right now. Medley pharmacy is promising same day delivery of prescription drugs to anybody who needs them. Its cofounder will be here in a fox business exclusive. As china slowly gets back to business, the Footwear Industry is hoping to get back to churning out new products. We will talk to one industry exec about how the pandemic is actually punishing business. A lot of business is punished but this one in particular. You will want to hear about this. Plus, with gyms closed, your favorite ....
Guy it is a decent bounce. We are 1. 9 higher now. I think it is useful to park that and focus on what is happening with single stocks. The bond market is more instructive, particularly at the european bond market. You have seen a move lower in yields in the United States. You have chinese stimulus talk floating around as well. There is a sense the fed is done and that that should imply yields lower as well. The yield move is risk off related to what is happening in israel. You are seeing it in various sectors. That is a straight yields down kind of proxy play. The big news out of europe has yet to come. Lvmh will report Sales Revenue later this hour. I think it will be instructive. That is a key stock in a key sector that will be reporting big numbers and tell us a lot about what is happening with the Global Economy and c ....
Really should be getting a lot of focus i know were talking a lot about small caps and all the talk about the f. A. N. G. S building, visa, apple, mcdonalds all great years and now the transports have joined along as well. The transports were just waiting there, waiting to move higher they were down 25 , 30 boss so as the market looked like it was fine, everything was great they were getting pummeled so over the last week they started moving up. Delta yesterday came out and said, you know what. The hurricane is not that big of an issue they still gave better guidance so i think, you know, as pete has been saying and trying to get me to put more money into the market. You should. Ive been doing it on dips it i like to buy on dips rather than highs but nothing wrong with that, pete. Not when the highs go higher. When you get a new record every day. The highs keep going higher so then what do you do in the highs keep going higher. You always look for opportunity. Thats what we talk about ....
Yesterday that he appeared eager to accept information from the russian government that could have heard clintons campaign. Secretary of state Rex Tillerson met with the king of saudi arabia today come in the final stop on his middle east mission to mediate the qatar dispute. They will not go into detail about the discussion, but there is no sign a breakthrough was reached. Saudi arabia is one of four countries that has severed ties with qatar. There was a great moment at last nights major league allstar game. Nelson cruz took out his phone and told him to take a photograph of him, the umpire was the first he was named the games m. V. P. Global news 24 hour was a day powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Life from bloombergs World Headquarters in new york. Scarlet fu is on assignment today. Were cou ....