Protect, and a good friday agreement. Mark he quoted it is important to tell the truth. A u. K. Decision to leave the Customs Union would make border checks unavoidable. Say two officials explosions at a mosque have and wounded 75le others. The blasts happened in morning prayer. A twin car bombing left 33 people dead. Ruling south african parties will bring it into jacob zumas presidency. The African National conferences trying to wrap up a deal for him to resign so that the party leader can restore public support as it gears up for elections next year. Global news 24 hours a day powered by 27 hundred journalists and analysts in 120 countries. This is bloomberg. Julia live in new york, im julia chesley. Im scarlet fu. Joe im joe weisenthal. Julia stocks going from positive to negative today. Major averages currently in the green. Joe what jim is . Scarlet rocky stocks at the end of a rocky week. Higher Interest Rate volatility could be partly to blame. Where are the deficit hawks . The
Announcer this is nightly Business Report with Tyler Mathisen and sue her youre hired. Job gains more than double from last month as the Unemployment Rate falls to a decade low. I dont value ibm the same way that i did six years ago when i started buying it. Big blues big bruise. Warren buffett dumps a third of his ibm shares. Should you . Repurpose for a purpose. Meet the sisters who are part of the military. Now theyre giving back. Those stories and more for nightly Business Report for friday, may 5th. Good evening, everyone, welcome. The nasdaq and s p 500 set records, even as ibm shares tumble. Well have more on that in just a moment. But we begin with jobs. The labor market hasnt looked this good in a decade. Job growth recovered in april after a lousy march. Most agree that the economy is getting very close to full unemployment. Employers added 211,000 positions last month, more than expected. The Unemployment Rate dropped to 4. 4 , which is a tenyear low. A broader measure of un
Then you have got the russians. The tension between the United States and russia could be at higher than any played since and at the cold war with allegations in hacking in the 26th election process. We send you into the heart of russian control territory on long island . Tell us about it. Z thats right lx welcome to the goalpost of long island. Some very interesting characters you. You have Jennifer Lopez owning a home here the woeful wall street the dog would come running out and we come back over the fence. The russian compound here in new york has sat in the spot that president obama has ordered 35 russian intelligence apparatus to get out of the country. They have owned his home since the 1950s and many long islanders like myself had no idea its been here. Obama is taking the russians out. One is in maryland and one is in glen cove. Did you know there was a russian compound in glen cove . Yes. The state Department Says it were used for russian intelligence activity but theres no e
There it is. And you see about twothirds of the dow stocks are higher. United Health Leading the way. And trailing down there, let me see, i cant see over there. Home depot. Home depot. Lets get more on todays market action. Bob pisani on the floor of the new york stock exchange. Hello, tyler. Mixed market today, but something unusuals happened. Oil dropped and the market didnt fall apart. Take a look. We had a disappointing inventory numbers here. It wasnt as big as expected, gasoline inventories went up. Oil dropped a buck and a half in the middle of the day, but look at the s p. Really very moderate response to that. In fact, took a while for it to drop at all. You can see its come back a little bit on top of that. Energy stocks, like the xop, oil and Gas Exploration sector, did drop on that. Its just coming off the lows, but even that its not that dramatic overall. If you look at sectors here back to the slightly more defensive posture with telecom, utilities and Consumer Staples l
Fridays jobs number. Many ploa the federal reserves equation on when to raise rates. All in all, it wasnt too bad to 18,400, nasdaq dropped n the nine, s p 50 for the month, the dow and the s p were slightly lower. But it was the first but the nasdaq did m 1 gain. So, now that august is in the what can we expect . Don chu gives us a history lesson. After whats be te brexit vo, some are anticipating what could k from their vacations an get back to work crisis go back to area, the last six years, stocks became have seen more volatility september, but it ends up being flat. In september, but its only been a 5050 split on whether the month was president oba o t duri of september through december, the trends have been more positive. S p 500 has gained over 4 on of the time. G t Health Care Stocks are among the better performers. Meanwhile, energy is among the lagging. Now, remember, were talking average numbers here and time frames do matter. September though remember, filled with potential