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have some work to do. we go into the fall at half strength. this election is too important to go into an election at half strength. we need a real unification of our party. mark: last week, the speaker said he was not prepared to endorse trump s candidacy. arson is to blame for a fire at a fertilizer plant in 2013, causing ammonia nitrate to ignite. the blast destroyed more than 500 homes. global news 24 hours a day, powered by our 2400 journalists in more than 150 news bureaus around the world. i m mark crumpton. emily: i m emily chang and this is a special edition of bloomberg west from the storied m.i.t. media lab in cambridge, massachusetts. it s the birthplace of so many innovations like touchscreen devices and gps. we have spent the last few days speaking to the entrepreneurs and investors driving the startup scene and heard from the cities established layers in robotics and i/o tech. now we spend the next hour going behind the scenes to where the ideas are ....
from the asia-pacific to new zealand we are seeing losses this hour. lower on that1% disappointing chinese data. retail sales. right now you re seeing a decline in about one third of 1%. also counting down to the openings in australia. futures are pointing to a slightly lower open. plus including being in the second cut from the royal bank of australia. dropping to record lows. after that chinese data over the weekend. let s get over to japan tracking futures trading at chicago. we are seeing signals pointing to a lower opening on monday. japanese yen is still range bound. watching out for producer prices for april. we will break that to you when it comes. is the story disappointing data from china over the weekend that highlights the challenge facing policymakers trying to reform the economy and cut overcapacity. how bad do things look? in march we saw a slew of positive data. some would say this is a corner has been turned. the reality is that industrial output and pr ....
1% when it went on the lunch break. good things coming out of australia led by the health care stocks and the 10 year bond yield going to a 10 year low. and gains coming through for the u.s. dollar, that is putting pressure on some of those asian market currencies. i will have more on the market, shortly. angie: thank you. uber s story this hour, chinese rival could be considering an ipo as soon as next year. wow. this is coming on the heels of them raising more than $1 billion from apple in bringing the total amount of the fundraising to $3 billion and with a valuation of about $26 billion. angie: what does it mean for over uber? they said that they want to hold off the ipo as long as possible, so that means that didi could raise ahead of them, so they are avoiding raising from the same investors at the same time. and there are other services in the pipeline also want to ipo will potentially lyft. and in terms of fundraising, what the sources said, is the reason ....
hold onto gains after a four-month high on april 20. number three says he will listen to differing views as he prepares for a speech in hong kong. the most senior party leader to visit since street protests. do follow me on twitter, @rishaadtv. use #trendingbusiness as well. street,nd from wall china opening in 30 minutes. we are seeing losses flow through into the region. has to fed president signaling a rate hike in june. the firstling for time this week on the back of that weakness. all coming on line following that downward lead. interesting one, first-quarter gdp numbers beating expectations, avoiding that technical recession. japan switch in and out of positive and negative territory, but now with the wind strengthening yen strengthening, we are seeing some weakness. half of 1%. of all coming through in a fall coming through in australia as well. there is some downward pressure. this is what the regional index looks like, some support from oil and gas players, ....
if not in the immediate wake of the fed minutes coming out. the nasdaq and the dow all higher. the nasdaq is the winner of the day on strong technology numbers from applied materials and a general lift and technology. if you look at the week now for the s&p 500, it is posting a gain of nearly half of 1% even though there was that rocking this in the wake of those fed minutes coming out. week,still again for the snapping a three-week losing streak for that index. in today s session, tech is the best performing sector here. information technology up nearly 1.5%. financials also doing well as well as health care. consumer staples not faring quite as well. , watchingage terms some of the best performance on the s&p 500 today, i mentioned makerd materials, the of chipmaking equipment, with a forecast ahead of estimates as orders search. endo health solutions apparently the federal trade commission is granting some kind of antitrust approval for an action, but it s not clea ....