You see it in the markets where for the first time in ages, we have sort of got spaces across equities, bonds, currencies, commodities. The focus is on europe. It really pulled back toward the tendency of disinflation and deflation. The urgency of stimulus in europe is really front and center today. It certainly is and we will see if leaders agree on something. Lets get straight to the bloomberg first word news in new york city with Viviana Hurtado. Viviana President Donald Trump signed an executive order to curve immigration. Green cards are currently on hold. They allow foreigners to become permanent residents the president says that will limit competition for jobs. An exception is being made for medical professionals and researchers. The u. S. House is expected to approve today the 484 billion rescue plan. The bill adds more money to aid Small Businesses plus money for hospitals and coronavirus testing. U. S. House Speaker Nancy Pelosi says her next priority, a major aid package for
, folks. Im glad you can be here. I am tyler mathisen. A new contender emerges to solve the tiktok drama. New York Community bank savior Steven Mnuchin said he will lead a group to buy the app from the chinese owner. Plus a trio of real estate destroys here. Rent stabilization and using a. I. To build homes and using sports stadiums in its latin it should be stadia. Stocks lower today following a hotter than expected ppi. You have got wholesale prices rising 1 6 of a percent of her break compared to an estimate of. 3. There you see the dow industrials down a third of a percent. And nasdaq composite is 1. 4 . Tesla, the worst performer in the nasdaq. 100 today. It is down 20 so far in march and off by almost 4 today. Nvidia, right behind it. That stock has been down four of the last five days. It is almost 3 as we speak, tyler. Lets start with the big report on squawk box. Former secretary Steven Mnuchin says he is putting together a group to buy tiktok. He said it will cost a lot but h
Ready to meet to discuss their demands on doha. Good morning, everyone weve got a lot of data to get through. Lets kick things off with the Eurozone Services pmi, that came in at 55. 4 versus a forecast of 54. 7 the may number that was 56. 3, so were seeing a bit of a weakening, but again it is still above forecast when it comes to the may composite sorry, june number, 56. 3 thats higher than forecast. Overall the momentum is still relatively strong. Lets see whether momentum is still going strong in the uk car registration sector. Its not down 4. 8 yearonyear in june to 243,454 units thats according to the smmt and that follows a drop of 8. 5 when it comes to the may print. Once again uk new car registrations down 4. 8 yearonyear in june lets get instant reaction with ant edenhall do these numbers strurprise you after the numbers leading up to the german ele election . We expected car sales to be down this year consumer uncertainty is pretty High Consumer confidence is high. So you wo
Who has a rare genetic disease, shall now be transferred to a hospice and taken off life support. Live at the white house at this hour, President Trump and Vice President pence are honoring the Capitol Police at the alexandria, Virginia Police were involved in the terrible incident on june 14 when congressional members practicing for a softball game where shot at in alexandria. One of the most critically republican louisiana scalise who was released from the hospital yesterday. The president s remarks praised the bravery of those who helped bring down the gunman. Powered by more than 2700 journalists and analysts in over 120 countries, im mark crumpton, this is bloomberg. Scalise who was released from the hospital yesterday. From new york. Joe we are 30 minutes from the close of trading in the u. S. Julia u. S. Stocks sliding as volatility fights. Joe whatd you miss . Scarlet House Speaker paul ryan talks about imports and talks about moving forward on tax reform. Nevertheless, get rea
Europe growing again after g20 leaders turn up the heed. The country like germany definitely has a surplus. The more they can do the better. The big get even better. Alibaba is the Worlds Largest ipo after they allow the option to find more shares for the investor at hand. Youre watching worldwide exchange. Bringing you Business News from around the globe. Good morning, everyone. Im seema mody. Coming up on todays show, well look at what is impacting european stocks and wall street bracing for Climate Change after a huge demonstration in new york city. We have all the details. Prada misses estimates as consumers tighten the purse strings. We ask if it is time to clean up your portfolio of luxury stocks. And big moves in the commodity market. Silver hitting a fouryear low. We give you a technical view of where the price is said to head by the end of the year. Youre watching worldwide exchange. Bringing you Business News from around the globe. Good morning, everyone. Youre watching world