Seeing. Sarah you look at equities in japan right now. The nikkei 225 of more than five percent, trading below 20,000 for the first time in over a year. What is already been very rough price action is only getting worse as time goes on. You look at s p 500 futures trading at the 5 limit from the friday reference price. 28. 1 nine. At futures continue to trade. They just cannot jump although it or fall below it. That is the first time we have seen a limit down since donald trump did win the presidency in 2016. The asx having its worst day since 2008. Msi market watch, the asiapacific region is having its worst day since june of 2016. What is really pulling lower is the energy stuck. Off by 8 . That is the worst day since 2008. It is your upstream energy companies. Your producers that are weighing. The worst day since 1988. Also some of your worst performers coming out of hong kong. The legs of oil fields having its worst day ever, off 15 anything. Energy related really all 15 . Anything
i ve seen more devastation than i ve seen in my lifetime. i m on the ground in the middle of it, it looked like a war zone. i never felt so good about the cooperation of the federal, state and local government. ashley: alexandria hoff live from washington with the latest, good morning. alexandria: good morning. the people of mississippi are not the type to wait on help, people came from across the state to lend trucks, equipment and medical expertise. where assistance will be is temporary housing and loans for unsured properties. alejandro mayorkas took a tour of the small delta community where residents say every marker of existence is gone. flower shop, beauty shop, barber, law offices just down the street are all gone. there was an auto parts store, local restaurant that has been there for i don t know how many years, since i was a child. service stations, tire shop, just gone. alexandria: 26 lost their lives in mississippi and alabama, one death was reported.
I am Katie Greifeld in new york. Welcome to bloomberg markets. When it comes to the s p 500, building slightly on yesterdays losses. S p 500 currently off about. 1 . You did have a selloff yesterday. Managed to open a little bit higher this morning. About 30 minutes in, those gains have dissipated. Big tech, nasdaq 100 trying to say in the green, currently up about. 1 , even though you have that selloff in the bond market continuing. The 10year treasury yield higher by another seven basis points, rapidly approaching 4. 70 on that benchmark 10year yield. We will see if we get there today. First, lets talk about the last of the Big Bank Earnings rolling out this morning. Bank of america and Morgan Stanley topping estimates, with bank of america with one of their best First Quarters on record. Lets get more details. Lets start with bank of america. What went right . Netnet income finally beating expectations. We did not see the same for some large bank spirits are to meet there is not onl
Of those whove signed an open letter defending the right of men to make sexual advances. He was tipped to be the next Lewis Hamilton before a horrific accident had both his lower legs amputated. But billy monger is now getting back behind the wheel. What else am i going to do with my life . I want to do something positive that can get a good message to other people. Rescue workers in Southern California are searching for survivors after mudslides and flooding in which at least 13 people have died. Hundreds are reportedly trapped and the number of deaths is expected to rise. More than 160 people have been taken to hospital, and 50 people including small children have been rescued. Police have described the scene as looking like a world war one battlefield. 0ur north america correspondent, james cook reports from los angeles. The rains came suddenly just before dawn. Torrential and terrifying. They coursed over the slick, scorched earth, gathering speed until mud was roaring down to the
I think that has been enunciated clearly by secretary tillerson. Mark he says while all options, including military force, remain on the table, he is hoping to have edible negotiations between the two sides. It came after the two koreas held dialogue over the upcoming winter olympics. Los angeles Authorities Say a 12yearold female is in custody in connection with a school suiting that left two students hospitalized, one in critical condition. Three others who were not wounded suffered minor injuries. Lieutenant Chris Ramirez says Police Received a call at 9 00 local time this morning. Victims,ocated a few they also located the suspect, who they quickly took into custody. Those students were transported to a local hospital, where they are currently under treatment. Said there isies no further threat at the school. Global news 24 hours a day powered by over 2700 journalists and analysts in over 120 countries. Im Mark Crumpton, this is bloomberg. Julia live from bloomberg World Headquarte