d.c. aose areas tend to have greater abundance of jobs in government, finance, law, and academia and 10 to keep seniors working longer. former baseball star david ortiz is said to be in stable condition today after an apparent ambush last night at a restaurant in his native dominican republic. authorities say he was shot in the back at close range as he sat at a streetside table. the 43-year-old underwent six hours of surgery and had parts of his: and gallbladder removed. the alleged gunman is in custody. a second suspect led the scene and remains at large. global news 24 hours a day, on-air, and @tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. i m mark crumpton. this is bloomberg. it is 1:00 in new york, 6:00 in london, 1:00 in hong kong. i m vonnie quinn. welcome to bloomberg markets. from bloomberg world headquarters in new york, here are the top stories on the bloomberg and around the world we are watching. president trump s
welcome to power lunch. i m melissa lee. the dow is up for sixth straight day but off the session highs in the s&p 500 now less than 2% away from its intraday all-time highs hit back on may 1st. check out shares of beyond meat. beyond expectations here soaring 25% today. the best performing ipo of the year, up about 580% since going public just $25 a share. president trump on squawk box weighing in on the trade war. big tech and the fed and sounded off on the mega merger and the defense space. team coverage for that first, bob pisani at the new york stock exchange with the rally at this hour bob? low off the highs but up almost 6% in the last week it s the trade-related sectors continuing to lead, so you have semiconductors strong, transports, tough time in early may, most of june. they re up, industrials and stocks all moving nicely here. new highs expanded nicely on friday, again today and off of the highs but you see amex, visa, microsoft, doing well off the 52 w
india. jeff bezos met with prime minister modi last night. we ll hear from him when he addresses congress later this morning. clinton wins enough delegates to become the presumptive democratic nominee. is the battle between her and mr. trump gains momentum. the market seems to be shrugging off this political uncertainty. shares of lululemon bouncing around in the premarket after raising forecast for the year but offered a softer outlook on the current period. we ll talk about what s ahead for that company. stocks are looking to maintain their upward momentum a day after the s&p posted highest close since july of last year. oil rising to some eight-month highs. brent hits 52. all of that happening as david said within the politics mix. hillary clinton declaring victory in the race to become the democratic presidential nominee winning four primaries including california where it wasn t nearly as tight, jim, as some suspected it might be. yeah, you know, i think that peopl
our roadmap begins with shares of mcdonalds after reported earnings that mixed expectations. we ll dig into the report. united technologies is up on earnings. ceo gregory hayes is going to join us live for an interview. and the democratic national convention kicked off with a bang. we ll go live to philadelphia for the latest. but first up, mcdonalds with earnings. sales in line, but earnings miss on the bottom line. $1.25 a share, global comps up 3-1r3 3-1. stocks are down 2.5%. a year ago they were down 2 and people are looking at all day breakfast and saying, is this all it s brought. i think they ve got some promotions that are good. the stock rangers on pokémon g japan, so it was where it was before this. it s by no means the swan song for easter book. the guy has done a remarkable job up 30 points. can they miss in a quarter period? yeah. the rest of the world doing pretty good. i think easter brook has done a good job. i don t think all day breakfast has done it
here. we ll discuss it with mr. hays in terms of the decisions they made and what i ve heard, of course, is how serious those conversations were. last april and may, when they began. when they were revisited from the honeywell side in september, when they sent utx a letter. most recently last week when they made a new proposal at $108 a share, 40% ownership of the combined company, $42 a share in cash. 22% premium to the then stock price. so, a lot to talk to mr. hayes about. not to mention my man here, mr. cramer, always has questions when it comes to the fundamentals of the company. sure. you get this combination going. it s hard not to say, look, we can finally deal with boeing and airbus. on a level playing field. the partners for success program that boeing has had has crushed a lot of these companies. you put these two together, they could have muscle against boeing. like that. utx doesn t seem to be it is a combination that would pass antitrust muster. that s somet