Out of 5 segs laeout of 5 segs s out of 5 segs laessions last we. A lot of that potentially around the possibility of vaccines. Well talk to dr. Scott gottlieb about that pfizer already saying that its made several hundred thousand doses of its vaccine they could have 100 million ready by the end of the year if they receive approval. Lets look at whats been happening in the treasury market this morning as well last week you did see those treasury yields under some pressure this morning back a little higher yielding 0. 774 . Thanks, becky busy day ahead lets look at the squawk planner. A group of Oil Ministers are meeting today. Theyll be talking about the weakening demand and increased output by some members immediate action is expected on the economic front, fed chairman jay powell will be speaking at the International Monetary fund meeting at 8 00 eastern time then we have some earnings news. Ibm, the big name to watch its going to be reporting Quarterly Results after the bell of cou
Retail sales and Industrial Production gained momentum in september. The economy is set for a faster rebound than any of its peers. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, and 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. U. S. Stimulus negotiations approach another tipping point. Secretary mnuchin and Speaker Pelosi will resume their conversations in about two hours, as the House Speakers preelection deadline zooms. How much trouble are airlines and without federal aid . We will speak to sara nelson, the International President of the association of flight attendants. And a big bet on shale. Conocophillips mobileye Concho Resources, the largest shale industry deal since the collapse
Second best month of the year. Europe with some mild gains. Oils almost back to 47 on renewed optimism that the opec Production Cut will survive. Our road map begins with the next treasury secretary and Donald Trumps busy weekend, what the picks will mean for the markets. Plus, a mu bearish note on apple predicting a decades long malaise, quote, the risks to the company have never been greater. And facebook announcing a buyback, zuckerberg promising changes to combat that fake news problem. But first up, stocks looking to make more history after a week which saw the dow and nasdaq hit record highs. The s ps within 0. 6 of its own high. Jim, that russell, that small cap story continues to be intact. People just say where would deregulation really impact . It would be the smaller guys. Its so interesting that the analysts take their turn at downgrading and not believing. Last week we had multiple downgrades in the banks. Those stocks held up better than anyone thought. They continue to b
Welcome to power lunch. Im tyler matheson. Mandy has the day off. The biggest names in business are on the network all day with all kinds of actionable ideas for investors like you. Ackman just in the last hour. David einhorn and the list is very long. We wont go through it all right here. One of the investors making Pioneer Resources fall like a stone. See why and see what other stocks these folks are moving. Big change at cisco. John chambers leaving as many expected this summer. We will introduce you to the new ceo and tell you what you need to know. That stock cisco is up about 27 1 2 over the past year. Can the new person in charge take it to the next level. Mannedy is off today, but kayla is with us and we will get downtown in a minute. We start with a slew of investing titans as i mentioned on cnbc. Warren buffett with our becky quick following Berkshire Hathaways meeting in omaha, nebraska. Wide ranging from the stocks he is buying to market valuations overall and becky is with
Months. Our road map results with boeing, more planes delivered while cost cutting is paying off. A tale of two markets. U. S. Results disappoint. Weather had an impact. What about the waffle taco . Gilead beats, amgen dropping after the steep selloff in biotech stocks, is the worst over or just beginning . Is it legal . It is. Is it front running some were going to hear from bill ackman on his host still takeover tactic teaming up with valeant to bid for allergan. Exclusive comment from activist carl icahn. Lot of numbers. Boeing reporting earnings 1. 76 did Beat Estimates helped by an improvement in Profit Margins but when raising their full year Earnings Guidance and Procter Gamble reporting a Quarterly Earnings beat slight revenue miss. The cfo on squawk box this morning. Global growth in our product categories is about 3 . We maintain mark share in the quarter we had and consumers around the world remain very responsive to value creative innovation like laundry products, like some