Some fears over china trade. Retail sails topped expectations in october, climbing by 0. 3 and oil pointed to surging Global Demand in the quarter. Joining us is lindsey bell thanks for joining us. Good afternoon. We mentioned on track for three record alltime closing highs at the moment and also on track for the sixth week in a row of gains for the s p thats a remarkable run. It is absolutely a remarkable run and theres a few things that have gotten us here we have more clarity on the fed. Theyve cut for the third time and theyre willing to maintain the stance where they are right now, keeping rates where they are. The Third Quarter earnings season was very good and weve seen an easing of trade tensions while theres a little bit of uncertainty there, that could rattle the markets going into the end of the year. All things understood, the economic environment though does still feel pretty good. Lets focus on the big stories we are watching today. Kayla has details on those china trade
Just just one final question and im almost dan. If theres another hung parliaments and then with joy and then majority then how many more extensions can the European Union give the u. K. Do you think so if england ever get bricks it done i mean are under article 50 this is the sort of part of the treaty has been negotiating there is no limit on how many extensions the u. K. While still in the e. U. Might give i mean thats a legal position obviously the political question is bigger than that the moister gets a point and say look you just cant make up your mind so we dont want to give you any more time for the same time if the u. K. Is all straight the e. U. Doesnt want to be responsible for x. And it will in no deal would also impact the you so its quite difficult to say but i think that a lot of people both on both sides of the channel so you want more and more extensions they want it to get sorted thank you ever so much for your time so i know weve said this about a 1000 times over th
Pakistan accuses india of turning cashmere into the largest prison on the planet. In north carolina, republicans are hoping an 11th hour pep talk from President Trump will propel them to a special election victory today. The president urged an arena packed with supporters to vote for conservative state senator dan bishop, who is in a tossup battle for a vacant house seat, facing dan macready, a former marine. Both sides say the contest is too close to call. Global news, 24 hours per day on air and on tictoc on twitter, powered by 2700 journalists and over 120 countries. Im Mark Crumpton, this is bloomberg. Its 1 p. M. In new york, 6 p. M. In london, im vonnie quinn and welcome to bloomberg markets. Vonnie from bloomberg World Headquarters in new york, the top stories on the bloomberg and from around the world, we are following Charles Koppelman, President Trump sacking his national because he disagreed strongly with many of his positions. The deputy advisor has been named the acting in
what is the biggest tip you can give us? dress not to impress. [laughter] the higher price you re paying at the sale. interesting. what s the worst mistake we make, allison? i think you have to if you touch it, you better take it with you. that s what all the psychologists said. one of the things they say once you touch it, you take a piece of ownership. keep your hands in your pocket. also the other thing i think people have a problem with is giving away, like, for example, you see these beautiful steve madden shoes in those are cute. yes. i didn t use them all the time, but i did for, like, halloween if you tell me a story, if you re the seller and you re telling me a story, it makes me want them more. you want them? [laughter] wait, where is greg? oh, lord. i need help. i fell in love with some of this stuff. excuse me, bruce. i m wondering where you were. i had a little difficulty. give me this. whoa, whoa, whoa. that s a bottle of
a new potential revenue stream for twitter. the company announcing a new video ard strategy, looks very similar to you tube s. we will discuss whether this could help turn the struggling social network around coming up. elon musk has harsh words for apple, calling it the tesla graveyard. yes, his words. fourown grades for his company this week, is musz k getting scared of increasing competition? we will discuss. tough week for tesla and elon musk. let s start with the big moves. we ve been seeing in oil jackie deangelis monitoring the activity at the nymex. good afternoon. a choppy session for oil by all skts, moving back and forth between positive and negative territory. we did close a little higher on the day, $49.63 our intraday high $50.92. so several days now making an assault on that $50 range. when will we close over it? your guess is as good as mine. having said that is correct the experts are still pointing to the fundamental story. we did see a decline in rig