Theyre the worst affected the middle east country has reported another 230 deaths new infections or about 4000 for the 3rd day in a row and so restrictions are being tightened mosques will become mandatory outdoors in teheran from saturday still with iran and the us has tightened sanctions on the countrys Financial Sector measures against 18 banks that were already under american sanctions have now been ramped up over jordan in washington. Perhaps the biggest criticism of the trumpet ministrations sanctions regime against iran is that the culminating impact is that this is hurting the iranian people certainly we have seen that criticism coming not just from e. U. Nations but also from a wide range of humanitarian organizations around the world now the Treasury Department went in announced this latest round of sanctions against these 18 iranian banks said that these banks would still have exemptions so that they could bring in funds to facilitate the purchase of emergency food and medic
This shakeup has certainly reset the race and has set the stage for a dramatic super tuesday. Are Lauren Blanchard has the wait is now ahead of tomorrows crucial contest. Reporter minnesota sen. And ecobashar suspending her campaign the day before super tuesday. She has announced she would fly to dallas texas to endorse joe biden. We can win big or we can lose big. The talk of evolution isnt changing anyones life. , bashar is the latest candidate to drop out. Pete buttigieg suspended his canon to see sunday night. He is expected to endorse current front runner, bErnie Sanders. This is a strong message as to where the Democratic Party is. In november, we are going to remind donald trump what democracy is about, because we are gonna throw him out of office. And despite skipping every primary and caucus before this point, Michael Bloomberg is continuing his campaign. He is also competing for moderate democratic voters. I talked to mayor pete and Amy Klobuchar and they represented their co
Adobe. And were off to the races without any real worry about last minute status of darn tax bill which is looking more and more likely that it will become law next thing you know, the dow rockets 143 points nasdaq,. 9 . Nasdaq pole vaults up 1. 17 . It is easy, isnt it look, we dont even know what is going to happen in washington. But as i told you last night, were in the torpedos full speed ahead moment i am telling you, its underrated by everybody. Corporate earnings witness the pin action from costco and adobe so while the specter of washington haunts the market bad, they cant stop the averages from going higher will it continue since earnings are really in charge here despite you think it may be the tax cut, i went over the last day cut it, raise it it doesnt matter. What matters is earnings lets go right to next weeks game plan. The big competition in stocks is bonds. Let me put this scene setter here obviously on monday we want to see what happens to that tax bill we also get so
Global news, 24 hours a day, powered by more than 2,700 journalists and analysts in more than 120 countries. I am alisa parenti, this is Bloomberg Technology with emily chang is next. Emily this is Bloomberg Technology. On theks cool factor line, a Record Number of teens are jumping ship and making a beeline for snapchat. Plus our deprived of getting more women into technology. Deep dive of getting women into technology. Changeenewed focus and a of the worlds most fallible company. But first, to our lead. Market surged after its worst performance in two years last week it the dow and s p are only down a percent since the and of december, and for more of like the reagan the mark markets reporter abigail doolittle. Please give us some context on the trends and the way the market open today. The bulls were out, and the sellers try to push the major averages lower at 10 a. M. This morning, but the buyer stepped up, and we had a big rally. Days p on pace for its best since november of 2016,
Now, [indiscernible] sites. Back bidding. Nds on its looking to add to his assets. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Let me leave you with a look across equity markets, australia closing up shop for tuesday, hong kong and china coming on in the afternoon session. We are up about 8 10 of 1 if you put everything together aggregate late. Emily this is bloomberg technology. Coming up, facebooks cool factor on the line, a Record Number of teens are jumping ship and making a beeline for snapchat. Plus, our deep dive in how to get more women into technology. On apple will double down substance over style this fall in a renewed focus on software. He will discuss changes in the Business Plan for the worlds most viable company. But first, to our lead. U. S. Stocks surged on monday, the market showing signs of recovery after its worst performance in two years. The dow and s p are only down a ofcent since the end december. Ab