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Transcripts For BLOOMBERG Bloomberg Markets 20160517



docs all in the red right now. let check in with ramy inocencio at the markets desk. ramy: we are now at session lows. the dow is the biggest laggard. its 50 daylied past moving average yesterday and so we are seeing simple back. .he nasdaq is down .8% i want to show you the health of the s&p path 10 sectors. it is a broad selloff across the board being led by consumer tables. still down, number two. energy is now the sole stand up in positive territory. rising oil continuing into its second day. let s take a look at some of the biggest oil movers. schlumberger up and candor morgan up 3.6%, its highest since the end of april. boost,rton getting a being two and outperform and raising its price target. all of this happening because of oil, so let s look at how oil has been trading. highs, itssion highest since november 4 or so. there is speculation ahead of government data that u.s. crude inventories may have fallen by 3.5 million barrels, so that is pushing up the price ....

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Transcripts For BLOOMBERG Charlie Rose 20160517



that if you were speaking at the university of alabama, you would have to speak and shorter sentences. it is a standard line for me. it went viral and alabama. so actually did radio commentary. it was a joke. alabama i would say the same thing about florida state. i would talk about michigan. used overthing i have the years and i knew as soon as a set that alabama would go nuts. they have lost the last two football games they played against ole miss and they happened to be there so that is what i did it. curtis runs friend a very good department down there. from 25 students to more than 200. they won this past year, the big investigative reporting for work they did in the delta about how the delta has not changed necessarily consist the civil rights movement. there are a lot of very bright students. i did a lecture there a couple years ago and there was a young one who i said i could get you a job right now. she wisely said i have to go and get some experience. they had ....

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Transcripts For BLOOMBERG Charlie Rose 20160518



that if you were speaking at the university of alabama, you would have to speak in shorter sentences. tom: it is a standard line for me. at commencements, i took out the rival of the school. someone actually did radio commentary. it was a joke. if i were alabama i would say the same thing about florida state. if i were in ohio, i would talk about michigan. it is something i have used over the years and i knew as soon as i said it that alabama would go nuts. they have lost the last two football games they played against ole miss and they happened to be there, so that is why i did it. and i saw my friend curtis runs a very good journalism department down there. they have gone from 25 students to more than 200. they won this past year, the big collegiate press association investigative reporting for work they did in the delta about how the delta has not changed necessarily consistent with the civil rights movement. there are a lot of very bright students. i did a lecture t ....

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Transcripts For BLOOMBERG Bloomberg Markets 20160617



six of the last seven days. saying markets are still a bit nervous about the potential brexit next week. the dow jones is down .3%, the ,asdaq near a three-week four-week low. the s&p 500s down .3%. the s&p 500, one of the few sectors that is up our homebuilders. we just had housing starts data this afternoon showing housing starts are a little unchanged in may, however, permits, indication of future construction, are up and continuing to increase. .hat is helping the markets still, the s&p 500 down .3%, big declines across the board. news is down 1.7% after that regulators in china said the latest iphone s violated some design patents of a chinese headed, so now that is for its biggest slide in five weeks, dragging down the tech sector with it. health care right now leading the declines. we are seeing this has been one of the weakest sectors this whole year. we are now seeing drug pharmaceutical companies down 2.7%. this is on concerns of not only a brexit, which could ....

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Transcripts For BLOOMBERG Whatd You Miss 20160617



at how major groups fared. s&p 500 energy group was the best-performing, oil prices up by four present. joe: a quick look at bond markets. scarlet: we have a lot going on here. let me finish with stocks. joe: yeah, yeah. scarlet: apple, $95 handle. regulators in china sang the latest iphone saying the iphone violated a chinese patent. i just threw in there the etf that tracks bio stocks, nine straight days without again. techif you were to exclude and biotech, it was not a down day. government bond markets, sound the alarm, yields rose a little bit. german 10 year yields and positive territory, 0.02 present. the gain is more than the coupon. scarlet: that is amazing. joe: similar news in u.s. 10 , slight reseeding of the brexit fears. scarlet: we need to mention the pound. take a look at the intraday. suspended campaigning once again in the wake of the murder of jo cox. the pound has eked out an advance. on thursday.t of england reiterated once again the economic risk ....

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