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Transcripts For BLOOMBERG Bloomberg Daybreak Australia 20240712

Restrictions in new york city is boosting education about masks and social distancing. U. S. And china ramping up tensions. Washington rejects beijings claims to the South China Sea and top senators are facing mainland sanctions. Shery lets get you started with a quick check of how the markets are trading. U. S. Futures opening higher, gaining one quarter percent after stocks fell in the regular session. Sharply higher throughout most of the day and then we saw a bearish reversal in the afternoon. Marcus dealt a double whammy with data showing that virus cases surged in california, as they that makes up 15 of u. S. Gdp. Not to mention escalating tensions between the u. S. And china. The u. S. Denounced chinas claims to the South China Sea. The s p 500 at one point hit the highest level since march before falling in the afternoon. Led by tech and communication stocks. The na ....

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Transcripts For BLOOMBERG Bloomberg 20240703

We will talk more about this. More than 2. 8 on the day. Crude on the rise significantly. 85. 92. Wti hitting the highest level since october on the news that israel is bracing from up possible attack from iran or proxies. Because of uncertainty you are seeing a bid on the two year yield, it is now at 427 4. 87 percent. Seven basis points of a move. The 10 year yield, a lot of dynamics. The u. S. Dollar on the rise in conjunction with yields. Gold, ever higher. Now roughly unchanged. But gold has been on the move outpacing any equity market this year. We are watching chipmakers after a report that china asked if Telecom Carriers to start phasing out foreign ships by 2027 and that would hit american chip giants like intel. Jp morgan did not raise its net income guidance. The benefit of higher Interest Rates could be winning. Citigroup profit topped analyst estimates. Consume ....

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International Business: Goldman Sachs, BofA shareholders reject proposals for CEO-chair split

International Business: Goldman Sachs, BofA shareholders reject proposals for CEO-chair split
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Goldman Sachs, Bank of America shareholders reject proposals for CEO-chair split

The vote ‘indicates the majority of shareholders are happy with those company performances, as well as pay packages, and didn’t want to risk rocking the boat by altering oversight,’ analyst says ....

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