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with the nasdaq losing almost 1%. the s&p 500, we see it holding at a three-week low, falling as low as 2050. now recouping some of the losses and coming back down. map functionat the i on the bloomberg, you will see what sectors are losing the most. we are seen energy stocks falling the most right now because oil has now fallen for six consecutive days. now, another thing we are looking at right now is leasing companies. united rentals look at that fall of more than 6% right there. we are hearing data for may fractionallyld up on the year, rekindling concerns about equipment supply. we have other listing companies losing ground today. look at the airline sector. they are another sector that are badly hit. a now see them falling for fourth in five days. american airlines now more than 4%. they have been just cut to to underperform from neutral by a banker from bank of america/merrill lynch. a say airline companies are very vulnerable to short-term shocks. seems li ....
voting to quit the european union. beenigning for brexit has suspended after the killing of an mp committed to staying in the eu. a man has been arrested. follow me on twitter at @rishaadtv, using #trendingbusiness as well. and 30ding day underway minutes in hong kong and shanghai. at theaving a look glass is half-full today, isn t it? bulls i session for the to put their hats on. a solid tone compared to yesterday. are looking at gains at the moment, 7/10 of 1%. not quite erasing the losses yesterday in japan. we have managed to offset the week. poised for a weekly decline. story has been ons pop right here dollar-yen. comments,o do with basically expressing concern that these recent moves and dollar-yen have been one-sided, abrupt, and speculative, playing off the risk of brexit. chatterrked a series about a possible intervention. on that note, the central bank and finance ministry are meeting at the moment right now in tokyo to exchange information on global marke ....
the suspect has been arrested. campaigning has been suspended on the referendum on the european union. egyptian investigators say egypt s voice recorder has been pulled from the mediterranean sea. the memory unit is intact. the plane crashed with 66 people on board. the centers for disease control says that three babies with birth effects caused by zika have been born in the u.s. the effects were also seen in three other pregnancies that ended. the cdc says 234 pregnant women have been diagnosed with the virus this year. from the bloomberg newsroom i m , shery ahn. bloomberg west is next. in for am cory johnson emily chang and this is , bloomberg west. coming up, oracle s transition to the cloud is accelerating. we will break down the company s cloud fueled q4. plus, the price of bitcoin has gone up 70% in the last three weeks. we will talk to experts. and the cheapest, smallest satellites in the history of aviation are changing the space and game. first, to our lead ....
bas basically saying the fed hike is wrong. gundlach is saying this on the halftime report. the fed has kind of given up on this idea that somehow we re going to ratchet up to a 3% real growth pattern. gdp is going to be 2 this year, 2 the next year, 2 in the long run. that s not so much of a forecast as a recognition of reality. so, did the fed just throw in the towel and should we just accept the fact that maybe there is a new reality in terms of investing on our hands? yeah, i think so. listen, i think bullard is known to be a bit of a maverick. send him out there. this is the fed s communication channel. none of these things are just random, in my view. so bullard is the tip of the spear. he comes out and says, you know what? there s a structural change outs there in the economy. what the fed is doing is not going to help it. we heard yellen say this week in the press conference as well, she was asked a question. she said some of these changes in the economy a ....
minister, and to rose hudson wilkins, our wonderful chaplain, for accompanying me to the vigil for jo last friday. at the priestly statute in the center of that lovely town. we, all of us, were moved by the energy and warmth of the crowd brought together in grief and solidarity. i ve been very moved when the public outpourings since her death. the hundreds of letters and e-mails we ve all received in solidarity with joe s family in their hour of grief. and by the outpouring of charitable donations to causes close to her heart, hope not hate, and the royal voluntary services. last night my honorable friend the member for south and myself held a vigil outside our townhall. one of hundreds of vigils attended by tens of thousands of people the right across our land who are so shocked i what happened, and what to express that shock and grief. also what you think of the parties in this house who offered their sympathy and support at this very difficult time. we united in grie ....