Treatment for covid19. He removed his mask before giving a thumbs up to the cameras. Global stocks see modest gains. His return comes as the cdc says coronavirus can spread indoors, in the air, beyond six feet. 34 u. S. States see more virus cases than a month ago. And the chicago feds Charlie Evans tells bloomberg he would welcome 2. 5 inflation. Jay powell and Christine Lagarde speak today. Annmarie good morning. Just gone 6 00 a. M. In the city of london. There is a lot to really digest with what happened overnight in d. C. The president of the United States spent 72 hours at walter reed hospital. He returned to the white house, a quite dramatic return. He walked up to the balcony of the white house, removed his mask, flashed a thumbs up, and saluting to the cameras. It showed a defiance of the virus, to Public Health measures. He is eager, you sell what he said at the top of the hour, to project strength in the face of the virus, but it has killed more than 200,000 americans. Be th
The 200 day moving average. Emma police say they are theing on the assumption gunman acted alone Authorities Say the attack was islamic inspired terrorism. Theresa may addressed parliament a short time ago. What i can confirm is that the man was britishborn and that some years ago, he was once reestigated by mi5 in extremism. Ligious killed,ur people were including the assailant and the Police Officer he stabbed. 29 others were injured. The republican head of the House Intelligence Committee is offering some support for President Trumps claims that he was wiretapped. It was during legal surveillance of foreign targets after the election. President trump says he feels somewhat vindicated. Trying to wine passage of the Republican Health care bill. Lastminute changes were made to attract house conservatives. Delayedans have already a key procedural step before the bill gets to the floor. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countr
These numbers are relatively weak but not too much worse than have been estimated, so we will keep looking at the data and bring you information and the reaction to it over the course of the session. We are seeing u. S. Stocks make their lows this session. As this risk aversion comes back into the market today. I wanted to look at how the major averages have been doing since the close of the vote on the thursday before the u. K. Vote, or before we learn the results. If you look at the s p 500 on june 23, we are off about one and a quarter percent. We came within a much smaller margin at one point last friday but with the decline today we are a little bit further. To give you the idea of the glide path of what we have seen since that vote. I also want to take a look on the groups on the move. The economically Sensitive Energy leading declines along with financial materials and consumer discretionary. Utilities, telecom, and consumer staples. Energy, we are seeing a pullback in oil price
Mark welcome to the pulse live from bloombergs European Headquarters in london. I am mark barton. Getting some raking manufacturing pmi data out of getting some breaking manufacturing pmi data. This is the final figure for markets pmi. The earliest estimate was 51. 8 still above 50. Still above the line that separates acceleration from contraction. Lets have a look at what is happening to European Equity markets. We are at the start of a new month. The august month ended on a high, on a monthly basis. We rose on the second consecutive month, best monthly run since may of this year. Best performers yesterday and for the month were banks. Banks in the month of august rose by 8. 5 , the best month since february 2015. Minors are rallying on the back of that china manufacturing data which show an increase. The bloomberg dollar spot index, a gauge of the dollar against 10 of its peers is rising. We approach the biggie on friday, the u. S. Jobs report which could tell us whether the fed is g
Trading revenue was very strong in the quarter as higher volatility boosted volume. Meantime, wells fargo reported a 1. 5 drop in First Quarter profits, but ceo john stumpf remains positive. John i believe the underlying economic expansion that is approaching its six anniversary remains largely on track. I am optimistic that the improving u. S. Economy will continue to provide wells fargo with many opportunities to better serve our customers, our communities, and reward our shareholders. Emily wells fargo also saw its lending margins dip below 3 for the First Time Since the 1990s. Tennessee senator bob corker is aiming for a vote in the Senate Foreign Relations Committee today on a bill that would give congress some oversight on the iran nuclear deal. His bill would give congress 52 days to review and iran deal before any sanctions are lifted. He tells bloombergtv this will not interfere with the iran negotiations. Senator corker most of the negotiators of the table felt that congress