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People across Central America last week, and more than 100 are still missing. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Karina Mitchell. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 5 00 p. M. In london, and 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. Here are the top stories we are following on the bloomberg and from around the world. Stocks are surging, the dow is up almost 5 , bonds tumbling after a largescale Coronavirus Vaccine study delivered the most promising results in the worst pandemic in a century. This as president elect biden warns of a dark winter ahead. We will get more about that large study that shows that vaccine being developed by pfizer showing more than 9 ....
Monday. Alls p 500, nasdaq, and dow solidly higher. Sectors tell you investors really do want in on stock s a bit of a reli a bit of a relief. That comes in what is a bear market. You were mentioning there is hope around health care treatments for the coronavirus tragedy but there is still uncertainty about the economy. We are seeing the pushpull but the bulls are winning. We look at a three chart of oil. We are going to see a sharp decline. Crude is flirting with 20 a barrel as the follow from the coronavirus is really going to eat into Global Demand. That could be a longerterm concern for stock because oil is less liquid. Tell on whatier the Global Economic picture could be. Another reason to think the rally for stocks could be a rebound. We will be watching but hoping the indexes will continue. Higher, microsoft up by 5 . They have seen a spike in cloud views on working fr ....
The aramco ipo will be a local event. The Worlds Largest oil company has decided it will not market shares to american, canadian, european, or japanese investors. Instead, they plan to rely on ultrarich saudis, most of which have impressed to buy shares. Regulationsosening to allow locals to buy more stock. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. 1 00 in new york,alysts in oves 6 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories from around the world we are following. U. S. Stocks in a range as investors weigh on trade update. President trump and secretary mnuchin meet with jay powell ....
The battleground states that handled donald trump the presidency. Do they still believe they put the right man in the white house . And love is in the air for pope francis during the visit to chil e. The pontiff carries out the first midr people wedding. How the papal wedding. How the pope decided to marry a pair of flight attendants. Brent it is good to have you with us. The storm pummeling parts of europe has killed six people and caused transport delays for thousands. It hit in the netherlands and belgium before sweeping into germany and causing chaos at train stations and on the highways. The National Rail company has halted all a longdistance Train Services with top winds of 200 Kilometers Per Hour recorded at central germanys mountain. Thousands of people worth standard at the airport in the netherlands, one of ....
Today, abigail. At a bullish reversal. Stocks have been lower, not in a big way, modest to small declines, but now we are looking at small games for the major averages following last weeks decline for the dow and s p, the first time we saw that happen in nine weeks. Perhaps a trend shift as tax reform hope is perhaps stalling. You look at the smallcap index, down 2. 5 from its high. Dad transports down 6 from its high. There is the possibility that stocks are preparing for a pullback. Had a selloff, not just in junk bonds, but in bitcoin. This is a oneyour chart. Very unreliable when it goes below the 50day moving average. When that has happened the last two times, down to the 100day moving average, that would represent another 25 decline. If it were to go down to the 200day moving average, that is longterm buyer stepping in. That would represent a 50 decline from current levels. These have been pretty reliable from the past, so keep an eye on that 50day moving average. If it goes belo ....