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points, 203 points. 1.1% accelerating losses we had day.over the course of the the s&p 500 down 0.8% as well as the nasdaq. the big weight on markets is and continues to be corporate earnings, in particular retail stocks. earnings growth i want to point out is down 8.7% year on year from this time last year when earnings growth is a paradox. let s hop into the imap function. what to show you the sector health of the s&p five sectors. we can see eight of the 10 sectors are in the red. energies of the most by 0.2%. this had been higher in the day, 0.33%, but it has paired with some gains. prices fall in the u.s. crude supply down 2.4 million barrels. we see consumer discretionary down the most, to present nearly. that is because of retail stocks and earnings pulling things down. let s look at the s&p 500 for the past two days. i shown this because we know what happened yesterday. result of the best rises in two months for the stock market. all,hey rise, we see this so it ....
ignite. the blast destroyed more than 500 homes. ,lobal 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, as it use its. 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. the next hour going behind the scenes to where the ideas are conceived. the media lab specializes in anti-disciplinary thinking, looking for misfits and rebels, working on ground breaking products no one else would take a risk on. other ideas that got their start here, the precursor to google street view and one narrow by all it is here just one mark zuckerberg s breakthrough price. the media lab is pioneering research in ....
the banks will end up in the pockets of terrorists or countries where sanctions prevent any kind of financial activity. carol: some banks have gotten in trouble because money past through them and it ended up in the hand of terrorists. and that s the big worry? alan: ellen: that is a big worry. they are cutting up these charities. these charities are trying to feed people in syria, the people in war zones. they are trying to do the best they can to ensure this money does not in any way to the terrorists. they are sorted at a standoff at the banks because the banks don t want to get in trouble themselves, yet they need the money, the charities the money so they can provide food and money. like islamicrities relief, christian aid, a bunch of them. carol: you guys are following the paper trail when it comes to the panama papers. tell us about that. ellen: this week we sort of step back and look at the reaction to panama all the disclosures from the panama papers about ho ....
pockets of terrorists or countries where sanctions prevent any kind of financial activity. carol: some banks have gotten in trouble because money past through them and it ended up in the hand of terrorists. and that s the big worry? ellen: that is a big worry. they are cutting up these charities. these charities are trying to feed people in syria, the people in war zones. they are trying to do the best they can to ensure this money does not in any way to the terrorists. they are sorted at a standoff at the banks because the banks don t want to get in trouble themselves, yet they need the money, the charities the money so they can provide food and money. and other charities like islamic relief, christian aid, a bunch of them. carol: you guys are following the paper trail when it comes to the panama papers. tell us about that. ellen: this week we sort of step back and look at the reaction to panama all the disclosures from the panama papers about how various high-profile ....
ellen: they are not cutting off charities because they don t believe in charities, but because they are worried that money passing to the banks will end up in the pockets of terrorists or countries where sanctions prevent any kind of financial activity. carol: some banks have gotten in trouble because money past through them and it ended up in the hand of terrorists. and that s the big worry? ellen: that is a big worry. they are cutting off these charities. these charities are trying to feed people in syria, the people in war zones. they are trying to do the best they can to ensure this money does not in any way to the terrorists. they are sorted at a standoff at the banks because the banks don t want to get in trouble themselves, yet they need the money, the charities the money so they can provide food and money. oxfam and other charities like islamic relief, christian aid, a bunch of them. carol: you guys are following the paper trail when it comes to the panama paper ....