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BLOOMBERG Bloomberg Daybreak Australia July 13, 2024

And inflation hopes are fading fast. Then President Trump steps up his attack on his potential election rival joe biden, calling on china to launch an investigation. Later, apple made a pricey gamble on the iphone 11 camera as more people get their hands on the device, we will ask if the gamble has paid off, but first, lets get you a quick check of how markets are trading at the moment. We are seeing u. S. Futures currently unchanged at the moment. It is still early in the session, but this, of course, coming after the s p 500 rose the most in a month. We are talking. 8 gain for the s p 500 as we had Week Services sector numbers, the weakest weve seen in about three years. That, of course, sort of raised odds the fed could be moving, and that led to investors pricing and more rate cuts. The dow gaining 122 points, and the nasdaq leading those gains with gains of more than 1 . ....

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BLOOMBERG Bloomberg Daybreak Australia July 14, 2024

No more work for wework boss adam neumann, he is quitting a ceo saying it is in everyones best interest. Kathleen lets get a quick reminder of how u. S. Stocks ended the day. It was all about politics. Geopolitics. The dow jones losing a half percent. S p 500, nearly a full percent. Drop pointl, the 10 in Consumer Confidence in the u. S. Our people worried about the trade war . Yes. Donald trump increasing the downward pressure on stocks when he gave his speech at the u. N. General assembly and started talking about wanting free trade, reciprocal trade with china. Criticizing him for heavy state subsidies and more. Social media platforms that hit the tech stocks, stocks across the board. Bonds down sharply. Tuesdays market volatility came to a head when news of nancy pelosi would launch a formal impeachment inquiry as she made that official moments ago. Speaker pelosi the actions of the
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BLOOMBERG Bloomberg Daybreak Australia July 14, 2024

Street, which he must avoid a damaging no deal divorce at all costs. Shery later in Bloomberg Technology global link, we will talk about the Justice Department investigation into whether big tech has been stifling competition. First, thats get you started with a quick check of how the markets closed tuesday session in the u. S. The s p 500 closed at the highest level in more than a week, up 7 10 of 1 . Rising for a second consecutive session. We have some strong earnings coming from the likes of cocacola, united technologies. Not to mention lockheed martin. We also had Investor Confidence that a deal would be struck when it comes to suspending the u. S. Debt ceiling. In the afternoon session, we got news that ambassador lighthizer could be going to china next week for the first highlevel trade negotiations ....

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BLOOMBERG Bloomberg Daybreak Asia July 14, 2024

Admits damage. Bying their sales will fall half. Shery lets get a quick check of the markets close. We saw tech stocks weighing on the markets. Chipmakers tumbled the most in a month. The paying back some of its decline. Index. G on the we saw them trimming their sales forecast. We also had solid retail sales data, not to mention manufacturing numbers, undermining the case for a more dovish fed. Ups see how we are shaping for the asian markets. Sophie the headwinds are gathering for markets around trade and geopolitics. Awi stocks are said to snap bourdais rise for softer gdp growth from new zealand. We will have very little data to distract. Major weak is a spot. Huawei is reportedly basing for a seat dropping global phone shipment. They want to reduce chip orders. Checking in on commodities and oil, we are making a firm start to the week. Take a look. Adding about 2 10 of 1 after sliding last week 2 . Clocking a fourth weekly advance pushing above 1350 two a high. Higher, and ity cou ....

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BLOOMBERG Bloomberg Daybreak Asia July 14, 2024

Last years revenue went through china. Alibaba moves a step closer to a share sale in hong kong. The impending offer could raise as much as 20 billion. Shery lets get you started with a quick check on how markets closed. The s p 500 finishing at the highest level in five weeks. The nasdaq, the highest level in a month. Reversingtors yesterdays office to gain ground in yesterdays session. Most were in the green. They were led higher by Energy Stocks. Take a look at wti. Wti prices gained as much as 4. 5 at one point. Apparent attacks onto tankers on two tankers building up the tension in the persian gulf and leading investors to get worried about supply around oil. And we saw now on crude, jumping 2 in the last two sessions. U. S. Futures at the moment unchanged. Lets see how we are shaping up to the asian markets. Sophie this friday, were facing a mixed session with type and commodity sectors in focus. Get activity data from china ....

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