Protests in atlanta. The shooting now ruled a homicide. Parts of seattle remain under siege. The mayor supporting protestors calling their actions an act of patriotism, President Trump saying that the mayor and governor should be ashamed of themselves tweeting that the matter can easily be fixed. Mortgage rates dropping to a record low, quick and loans ceo joins me at 8 30 a. M. Eastern time. Find out who can take advantage of low rates and what it could mean for housing recovery. Mornings with maria is live right now. Fears of second wave of coronavirus hitting Global Markets. Europe markets are selling off, down to tune of 1 in england, france and germany. Restrictions easing up in the uk as retailers reopen, many European Countries opening their borders to travelers today. In asia overnight, you can take a look at major markets there. Lower across the board from korea, japan and shanghai. More signness of slow recovery in china. Industrial output coming below expectations rising 4 i
Such as a regulatory rollback. Critics say the report lacked rigorous analytical back in. At a news conference, three women who have accused President Trump of Sexual Misconduct called for a congressional investigation into his actions. Two of the women, jessica leads and rachel crookes, said mr. Trump made sexual contact with them without their consent. The third accuser says mr. Trump behaved inappropriately with contestants in the miss usa pageant. Thetrump has denied allegations since they were first reported ahead of the 2016 president ial election. Movie theaters are coming back to saudi arabia after a 35year absence. That is seen by the latest attempt by crown prince mohammad bin salman to reform the country. Saudis shutdown movie theaters in the 1980s as part of a wave of altra conservatism. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in
In the humility humanitarian stuck in theople city. I am jessica summers. This is bloomberg. Julia live from bloomberg World Headquarters in new york. Im julia chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. Julia we are 30 minutes away from the close of trading, as another atlantic hurricane threatens to make landfall. Joe the question is, whatd you miss . One Million Immigrants in limbo, as President Trump announces the end of an obama era immigration program. And a state of emergency in florida. Hurricane irmas potentially when isins are luxury cruiseg stocks. For perspective on how investors are likely to be positioned for the rest of the year, lets ruchirn Morgan Stanleys sharma. Ruchir, we have u. S. Stocks falling, the dow off by as much as 270 points, the dow the dollar declining, and treasury rally. Our People Holding off on doing anything . The markets are really 2 off their alltime high, so it is very hard to read much into one days moves. There is extremely low vo
Will look like not much changed. Thats characterized the session with a short detour south earlier in the day after we got the i sm services report. Not much activity in terms of price action. Thes become the norm 41st straight session weve seen a movement of less than 1 on the s p 500. Take a look at the bloomberg for an illustration of that. July 8 is the last time we exceeded the 1 threshold for the major benchmark. Volume today has picked up a little bit, about 6 above the 30 day average for the s p 500. We have a lot of dealmaking to talk about. Monsanto, we have been watching that even though it has been falling after a buyer raised its head. And we have them bridge acquiring spectra energy. That itinteresting is was lower in premarket trading. Has turned higher. This will become a large Energy Infrastructure player. The largest owner and operator of type lines. A couple ofwatching carl icahnassociated stocks. After vwrising today announced it would take a 16. 6 truck maker. Ther
More selloffs in european banks. And we got racked pretty good today. Alix the s p 500 is negative on the year. Saw three of those days in march. That movement of volatility ricky really picking up. We definitely want to take a look at yahoo . On the decline. To chart there that wanted highlight is the s p versus the dow jones transportation average. You have seen the transports really roll over here, off about 5 from their highs of this year. The question is can they draw the s p 500 down with them . Chartske a look at these. Date,oday, year to pretty close to the february lows. The u. S. Market has done a lot better lately. Yields and to your yields very sensitive to policy. Its the same deal with the tenyear bond. You can look at that on the chart. We see this divergence play out where equities are rallying but treasury yields are coming down. What is going to stop the yens rally . The yen climbing past 108. Monday, and hundred 11. Wednesday, when hundred nine. As for the year on th