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Transcripts For BLOOMBERG Bloomberg Markets 20160418

Contender. One thing that seems more likely is Burress A Myers day at the helm. It may be numbers. I want to head to the markets julie is. Julie a number having to do with oil that we are not seeing more of a decline in oil, not seeing more of a decline in the talks paired a mixed picture of the u. S. Average as the dow is trading higher. Considering the close correlation between oil and stocks, it is indeed surprising. Take a look here. Groups are on the move. Energy is not the worstperforming group. We have got consumer discretionary, which looks like more of a mixed picture when you break it down by group. I want to look at a twoday chart. Down today and oil prices. We have climbed back from the lows of the session in reaction to the talks. One thing that is definitely helping to mitigate or cushion the decline is what its going on in kuwait. A strike there is reducing output by 60 . You obviously have supply constraints and t ....

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