59 minutes heft to trade, folks, stocks on fire day two. Look at the dow jones industrials. Not even at the highs of the session, right now up 291 points. Had been up 376. Nonetheless, when you put these two days together, yesterday and today, youre looking at 690 points of gains. S p jumping 18 points. Weve got the nasdaq up 36. Earlier though, so were definitely coming off the boil here. The nasdaq had been up 169. Russell 2000, the percentage winner, once again up 1. 25 or 26 points. But we begin with breaking news and kind of dueling headlines here. Apple and the reddit ipo. As we kick off the final hour of trade, i need you to looked at apple. A major lawsuit by the department of justice and 16 astronaut attorneys general slapped state attorneys general slapped on apple is dunking shares of the iphone maker all the way to the bottom of the dows barrel, down 4. 25. The stock the is tanking 4. 25 . Merrick garland announced the Consumer Electronics behemoth has allegedly violated fe
April fools america, along with a judge jeanine, harold ford junior, Jesse Watters and greg uyeda gutfeld. Lets get started. President biden about the weight, say hello to the Bunnies Uconn get in there uconn big bunny. Dana President Biden hang out with the easter bunny for the easter egg roll, as if you did not just up and the Big Mess Of Controversy after marking the Transgender Day Of Visibility on the sunday. Not the first time biden and his administration saw Bated A Transgender Holiday but backlash has been swift, landing on the same day as easter. The New York Post oped calling out of the act, President Biden said dont blame me, turning report is away from the camera i did not do that. The media dividing the decision by pointing his catholic faith. President biden is a catholic of deep faith, he of course wants to easter mascot no word if donald trump went to any religious ceremonies who won a President Biden a man of faith, you and with a very traditional approach here, the fo
After democrats succeeded in blocking judge gorsuch. Thousands of south africans to mr. To peacefully today, calling for the resignation of jacob zuma. The presence dismissal of the countrys finance minister has corruption. Rns over the Nobel Laureate made a rare public appearance to support the protests. News 24 hours per day powered by 2600 journalists and analysts in over 120 countries. This is bloomberg. Scarlet live in bloombergs world headquarters. Joe we are 30 minutes from the close of trading. Heading the dollar is for its best we can two months. Joe the question is what it you miss . Scarlet the lowest level in almost a decade, but it could signal steady progress. National Economic Council director gary cohn ways in. Increased tensions with syria. A missile strike in syria is putting moscow and washington at odds. We will hear from the dean of the John Hopkins School of advanced International Studies next. Early growing pains, the chump administration and congress have yet to
Francine safety in havens. The dollaryen, 109. 61. We are now rolling over just a bit. The vix still steady but over 15. That has be fixed the vix breaking the 15 level. Gold softer after a big move yesterday. Oil on the front, 5 10 of 1 . Wrappedt is the markets up. Coming up on the program, guests including the eu commissioner of the economic Financial Affairs. Larry summers, the former u. S. Secretary and a ceo. David geopolitics continue to take center stage for business and markets today. Secretary of state Rex Tillerson meeting with the foreign minister in moscow and saber rattling over north korea. We are joined now by our National Security adviser. In new york, we have our chief washington correspondent Kevin Cirilli. Starting with nick, as i understand, the secretaries meeting with Rex Tillerson right now. What are we looking for . The u. S. Has low expectations for these meetings what they are hoping for is for russia to say we will think about it. The u. S. Proposal is that
T overnight in asia, it was a mixed session. Japan was lower, maybe due to strength in the yen it was off by 1 . The hang seng higher by 1 . South korea was higher as well. Europe positive as well, but not by much. Look at crude oil, wti, i just saw 52 53. 71. Higher by a half percent. Brent at 56. 65, nat dgas above bucks. Here. Heres whats going on this morning. Gold prices jumped more than 1. 5 during yesterdays session, bringing the yeartodate gain above 10 . Look at this hour right now. Well show you whats going on. You know, its up. It continues to rise. Looks like its close to a oneyear high. Continues to speak to whats happening. Thats also on the concerns of tenyear treasury, moving back below 2. 30. Gold tends to perform well in a deflationary environment. Which most investors dont understand. I dont understand that, but its supposed to be an inflation hedge. Its the reserve currency in a deflating world. I think the big story is oil. Oil saved the s p over the last couple of