Speaker 1: Live from the Bloomberg Interacted Berger's studios. This is is Bloomberg
Speaker 1: day Break for Tuesday, March twenty nine two. Coming up
Speaker 1: this hour, peace talks between Russia and Ukraine restart today.
Speaker 1: President Biden clarifies his remarks on Vladimir Putin, billionaires in
Speaker 1: private equity, girt for taxis from the White House, and
Speaker 1: bankers in Hong Kong's score raises and promotions. New York
Speaker 1: Mayor Eric Adams is slamming Florida's new Don't Say Gay bill.
Speaker 1: Plus the January sixth Panel recommends holding two Trump aids
Speaker 1: in contempt. Michael Barr more ahead, I'm time STASHEDWN sports.
Speaker 1: The Knicks beat the polls at the Garden. The Yukon
Speaker 1: Women won in double overtime to advance to the Final four.
Speaker 1: That's all straight ahead on Bloomberg day Break on Bloomberg
Speaker 1: Eliving Trio, New York, Bloomberg one, Washington, d C, Bloomberg one,
Speaker 1: O six one, Boston, Bloomberg nine six, San Francisco, Sirius
Speaker 1: x M one nineteen and around the world. Old on
Speaker 1: Bloomberg Radio dot Com and via The Bloomberg Business. Good Morning,
Speaker 1: I'm Nathan Hagar and I'm Karen. Moscow and US futures
Speaker 1: are higher this morning. We're coming up to six o
Speaker 1: one on Wall Street and we check the markets every
Speaker 1: fifteen minutes. While the trading day on Bloomberg. Right now,
Speaker 1: SNP futures are up about twenty points down. Futures have
Speaker 1: a hundred forty four NASDACK futures up sixty nine. The
Speaker 1: decks in Germany's at one point nine percent. Ten year
Speaker 1: treasury down fifty and thirty seconds two point five one percent,
Speaker 1: and they yield on the two year two point four
Speaker 1: three percent. Nine X screwed oil is up three ten
Speaker 1: percent or thirty one cents at a hundred six dollars
Speaker 1: twenty seven cents a barrel, and the euro at one
Speaker 1: point one zero three seven against the dollar. Nathan Karen,
Speaker 1: we begin with the latest on the war in Eastern Europe.
Speaker 1: Ukraine is looking for a ceasefire agreement and talks with
Speaker 1: Russia negotiators. Today we get the very latest from Bloomberg
Speaker 1: International Affairs reporter Mark Champion is exchanged for the ceasefire
Speaker 1: is less clear. The sequencing would be quite difficult because
Speaker 1: at the moment, what the Ukrainians are talking about is
Speaker 1: they would agree to neutrality. In exchange from neutrality, there
Speaker 1: would be security guarantees from other Western countries, similar to
Speaker 1: NATO's Article five. You know, all that would have to
Speaker 1: be agreed in a referendum that would take a year.
Speaker 1: So how that all gets sequences extremely difficult to understand.
Speaker 1: What would be the borders that were being guaranteed by
Speaker 1: these guaranteurs in the West is difficult to understand at
Speaker 1: that point. Bloomberg's Mark Champion reports talks are underway in Turkey.
Speaker 1: President Urtwan is telling the Ukrainian and Russian delegations he
Speaker 1: expects quote good news from the meeting. Meantime, Nathan Russian
Speaker 1: appears to be making good on its dead Moscow says
Speaker 1: it made a more than hundred million dollar interest payment
Speaker 1: on its foreign bonds. Is by financial isolation in the
Speaker 1: face of warnings from credit rating agencies. The government has
Speaker 1: so far side step to default. Here in the U
Speaker 1: s care and President Biden is clarifying his remarks on
Speaker 1: Vladimir Putin, saying the US is not seeking to remove
Speaker 1: the Russian president, but he does say he has the
Speaker 1: right to express concern. Bloomberg said Baxter has the story
Speaker 1: the President says he's not planning regime change in Russia,
Speaker 1: but has the right to express his opinion. I was
Speaker 1: expressing my outrage as the behavior this man. It's outrageous.
Speaker 1: It's outrageous, and it's more an aspiration, and he shouldn't
Speaker 1: be in power. There's no I mean, people like this
Speaker 1: shouldn't be ruling countries. But they do. The fact they do,
Speaker 1: but doesn't mean I can't express my outrage about it.
Speaker 1: And NATO is having its debate about talking directly with
Speaker 1: putin some countries, saying before any talks, there has to
Speaker 1: be a ceasefire in Ukraine. In San Francisco, I'm at
Speaker 1: Baxter Bloomberg Daybreak, All right, and thank you now. An
Speaker 1: update on President Biden's agenda back home. The White House
Speaker 1: is doubling down on efforts to overhaul the text Code.
Speaker 1: It's looking to get more money from the wealthiest households
Speaker 1: and largest companies. Amy Morris has details from our Bloomberg
Speaker 1: newsroom in Washington. President Biden says his plan is designed
Speaker 1: to ship away at the deficit run up by the
Speaker 1: administration cut the depths to buy more than one trillion,
Speaker 1: three hundred billion dollars that would be the largest one
Speaker 1: year reduction and the deficit in US history. Part of
Speaker 1: that would be funded through a minimum tax on mega
Speaker 1: millionaires and billionaires, including on their unrealized gains, raising an
Speaker 1: estimated three hundred sixty billion dollars over a decade from
Speaker 1: roughly the wealthiest twenty thousand households in the country. But
Speaker 1: it faces opposition in Congress, and not just from Republicans.
Speaker 1: The billionaire tax is also a key false line between
Speaker 1: moderate Democrats and progressives. White House advisors are now talking
Speaker 1: with lallmakers about how to win support for the tax
Speaker 1: proposal in Washington. I maybe more as Bloomberg Daybreak thanks Samy. Meantime,
Speaker 1: the Senate's passed a measure to help US tech companies,
Speaker 1: passing its version of a longstalled bill to help the
Speaker 1: U semiconductor industry and boost competitiveness with China. That sets
Speaker 1: the stage for negotiations with the House, which has already
Speaker 1: passed its own version. The measure includes fifty seven or
Speaker 1: fifty two billion dollars, I should say to boost chip
Speaker 1: manufacturing and let's turn to the markets now. Nathan and
Speaker 1: a few companies making headlines this morning. Bloombergs John Tucker
Speaker 1: joins us Live with the latest. Good morning, John, Good
Speaker 1: morning Karen. Let's start out with fed Ax, the package
Speaker 1: shipping company named roj Subermanian as its new CEO. He
Speaker 1: takes the reins from seventy seven year old founder Fred Smith,
Speaker 1: who pioneered express delivery almost fifty years ago. Smith had
Speaker 1: been in the midst of a campaign to overhaul the
Speaker 1: company to stem declining profit margins. Meantime, Amazon has become
Speaker 1: the first mega cap tech stock to erase losses for
Speaker 1: the year. Shares are now one point four percent of
Speaker 1: the year after having dropped more than eighteen percent earlier
Speaker 1: this month. And finally, Apples Here's headed for their longest
Speaker 1: winning streak since two thousand and three. After a dismal
Speaker 1: start of the year, Apples seen earnings estimates upgraded by
Speaker 1: analysts Live in New York. I'm John Tucker, Bloomberg Daybreak.
Speaker 1: All right, John, Thanks. Also watching shares of Barclays this morning.
Speaker 1: They're down more than three percent in London after a
Speaker 1: shareholders sold about one point two billion dollars of stock.
Speaker 1: The sale came a day after Barclays revealed a costly
Speaker 1: blunder and how it sold billions of dollars in securities.
Speaker 1: The identity of the Barkley seller was not disclosed. Meantime,
Speaker 1: in Hong Kong, Nathan, the outlook for bankers is looking up.
Speaker 1: The city hashing an exodus of finance staff, but those
Speaker 1: that stayed are getting reward and Bloomberry's Ready to Young
Speaker 1: joins us live with the details. Good morning, ready to down,
Speaker 1: Good morning Karen. For tech savvy workers willing to live
Speaker 1: in a city largely isolated from the world, opportunities like
Speaker 1: big promotions and pay increases are plentiful, at least in
Speaker 1: the short term now. Typically finance workers heading to a
Speaker 1: different company in Hong Kong would get about a fifteen
Speaker 1: percent pay hike, but executive search firm E s g
Speaker 1: I says they're seeing twenty increases. Meantime, government data show
Speaker 1: the number of new visas issued to foreign financial service
Speaker 1: workers in Hong Kong fell last year, down almost fifty
Speaker 1: percent from eighteen and that was before the Omicron variant
Speaker 1: prompted more lockdowns. Live in New York, I'm rened a
Speaker 1: young Bloomberg daybreak. All right, we need to thanks SMP
Speaker 1: futures up eighteen points now, Dow Future is up a
Speaker 1: hundred forty nastac Future is hired by sixty three points.
Speaker 1: The tenure treasury yield two point five zero percent yield
Speaker 1: on the two year right now two point four two percent.
Speaker 1: Straight ahead, your latest local headlines and a check of sports.
Speaker 1: This is Bloomberg six oh seven on Wall Street twenty
Speaker 1: five degrees in Central Park and Jericho Turnpike is closed
Speaker 1: both ways for an accident. Of daily road details coming
Speaker 1: up in Traffic First Michael Barr with more on what's
Speaker 1: going on in New York and around the world. Michael,
Speaker 1: thank you very much, Nathan. New York City Mayor Eric
Speaker 1: Adams is denouncing Florida's controversial Don't Say Gay bill. In
Speaker 1: signing the bill, Florida govern Around De Santis says the
Speaker 1: legislation forbids instruction on sexual orientation and gender identity in
Speaker 1: kindergarten through third grade in Florida. We not only know
Speaker 1: that parents have a right to be involved, uh, we
Speaker 1: insist that parents have a right to be involved. Joe
Speaker 1: Saunders with the lgbt Q advocacy group Equality Florida said
Speaker 1: De Santis has set the state back decades. Governor de
Speaker 1: Santis has damaged our state's reputation as a welcoming and
Speaker 1: inclusive place for all families. He has made us a
Speaker 1: laughing stock and a target of national derision. Worst, he
Speaker 1: has made schools less safe for children. New York Mayor
Speaker 1: Adams called the bill hateful and harmful of seeing on
Speaker 1: social media. To the families living in fear of this
Speaker 1: state sponsored discrimination, You're welcome in New York City. Our
Speaker 1: arms and hearts are wide open. The House Committee voted
Speaker 1: unanimously last night to recommend contempt citations against two of
Speaker 1: former President Trump's White House advisors for defying subpoenas to
Speaker 1: testify in the last year's riots at the US Capitol.
Speaker 1: The panel name former aids Dance Cavino and Peter Navarro.
Speaker 1: Congresswoman Liz Cheney, the top Republican on the Select committee,
Speaker 1: said anyone who participated in the January sixth effort should
Speaker 1: be held accountable. As a federal judge concluded today, the
Speaker 1: illegality of President Trump's plan for January six was quote obvious.
Speaker 1: Cheney was referring to US District Judge David Carter, writing,
Speaker 1: the court finds it more likely than not that President
Speaker 1: Trump corruptly attempted to obstruct the Joint Session of Congress.
Speaker 1: On January se the founder of Citadel is giving forty
Speaker 1: million dollars to New York City as American Museum of
Speaker 1: Natural History. The donation is part of the three forty
Speaker 1: million dollars ray so far for the Richard Guilders Science
Speaker 1: and Education and Innovation Center, which is sent to open
Speaker 1: some time between late two and early three. Actor Will
Speaker 1: Smith apologized Chris Rock after he slapped the comedian at
Speaker 1: the Oscars Sunday night. Meanwhile, the Academy Emotion, Pictures, Arts
Speaker 1: and Sciences open a formal review of Smith's behavior. Global
Speaker 1: News twenty four hours a day on air and on
Speaker 1: Bloomberg Quickday, powered by more than twenty seven dred journalists
Speaker 1: and analysts more than twenty countries. Michael Barr, this is Bloomberg, Nathan.
Speaker 1: Thank you, Michael. Coming up to six ten on Wall Street.
Speaker 1: Time for the Bloomberg Sports Update with John Seshi. Nathan.
Speaker 1: Hard to make the NBA Playoffs when you win only
Speaker 1: one game in the month of February like the Knicks day.
Speaker 1: The Knicks are almost certainly not going to make it.
Speaker 1: Their four and a half games behind, but they have
Speaker 1: one four in a row, first time of all year.
Speaker 1: They came from twelve down beat Chicago at the Garden
Speaker 1: one on nine, one on four. R J Barrett twenty
Speaker 1: eight points, Alec Birket seven. Mark de Rosen had thirty
Speaker 1: seven for the Bulls. Nets home tonight for Detroit Rangers
Speaker 1: are in Pittsburgh, n C Double A Women's Tournament double
Speaker 1: overtime in Bridgeport, Yukon beat NC State to eighties seven
Speaker 1: and I'll off to another Final four. Reaction from the
Speaker 1: coach you know, Orima on the Star Flare Paige Becker's
Speaker 1: it's one of the best games I've ever been part
Speaker 1: of um since I've been at Yukon. Regular season, postseason,
Speaker 1: doesn't really matter. It was just a lot of fun
Speaker 1: to playing two very competitive team teams. Like CoA said,
Speaker 1: just playing for our lives at that point in we
Speaker 1: found a way to win, and we stuck together and
Speaker 1: we stay composed. Yeah, I'm just it was a really
Speaker 1: exciting game. For sure. You got twenty second Final four
Speaker 1: under Orim. They've gone now fourteen years in a row.
Speaker 1: The Jets have signed free agent defensive lineman Solomon Thomas,
Speaker 1: once the third overall pick of the draft. He played
Speaker 1: for Jets coach Roberts Salo and Salo coach the forty
Speaker 1: Miners Defense Giants. GM Joe Shane says he has not
Speaker 1: initiated any trade talks regarding se Kwon Barkley. NFL owners
Speaker 1: are meeting. They are considered a change in the overtime
Speaker 1: rule where both teams would be assured of a possession.
Speaker 1: Baseball forty two year old future Hall of Famer Albert
Speaker 1: Poole says this will be his final season and he
Speaker 1: will spend it with the team he used to start for,
Speaker 1: the St. Louis Cartons. John Stash Howard, Bloomberg's toys All right, John,
Speaker 1: thank you. SMP futures up fifteen points now, the futures
Speaker 1: up a hundred twenty six, intect futures up forty three points.
Speaker 1: The tenure treasury is down eleven thirty seconds. The yield
Speaker 1: two point five zero percent yield on the two year
Speaker 1: two point four too. You're listening to Bloomberg Daybreak. Bloomberg
Speaker 1: Daybreak brought to you by ancient accountants and advisors. Challenging
Speaker 1: times call for proactive advisors who helped minimize taxes, increased
Speaker 1: cash flow, and create opportunities for the future of your business.
Speaker 1: Visit ancient dot com markets, headlines and breaking news twenty
Speaker 1: four hours a day at Bloomberg dot Com, The Bloomberg
Speaker 1: Business Atland at Bloomberg Quicktape, He's a Bloomberg business lash
Speaker 1: and I'm Karen Moscow stocks on the rise as ceasefire
Speaker 1: talks between Russia and Ukraine helped to fuel risk appetite.
Speaker 1: US stock index futures are climbing after benchmarks rose for
Speaker 1: a third session yesterday, and we checked the markets every
Speaker 1: fifteen minutes throughout the trading day. On Bloomberg, Guess and
Speaker 1: P futures up seventeen points down, futures up one four
Speaker 1: NASDACK futures up fifty three the DACK in Germany up
Speaker 1: one point nine per cent. The tend Your Treasury down
Speaker 1: eleven thirty seconds, yield two point four nine percent. That
Speaker 1: yield on the two year two point four one percent
Speaker 1: nine Max screwed Oi l A is up seven ten percent,
Speaker 1: or seventy four cents at a hundred six dollars seventy
Speaker 1: cents of barrel Co Max School down one point three
Speaker 1: percent or twenty five dollars at nineteen nineteen seventy announced,
Speaker 1: the euro one point one zero four one against the dollar,
Speaker 1: British pound one point three zero nine to the yen
Speaker 1: at one twenty three point four eight and Bitcoin this
Speaker 1: morning lower down nine tenths percent at forty seven thousand,
Speaker 1: five hundred twenty five dollars. That's at Bloomberg Business Flash.
Speaker 1: Now here's Michael Barr with more on what's going on
Speaker 1: around the world. Michael Karen, thank you very much. More
Speaker 1: than a month after Russia invaded Ukraine, the two nations
Speaker 1: resumed negotiations towards a ceasefire today. The sit down will
Speaker 1: take place over three days in this in bull Turkey.
Speaker 1: Ukrainian President Voladimir Zelenski says this country would consider a
Speaker 1: neutrality agreement to achieve piece shangha I beef up lockdown
Speaker 1: restrictions for people residing in the eastern half of the city,
Speaker 1: barring everyone from leaving their homes even to walk their dogs.
Speaker 1: Record local daily COVID nineteen infections jump today to close
Speaker 1: to forty eight hundred. In the NBA. Of the next one,
Speaker 1: the Celtics and Warriors lost, Yukon is heading back to
Speaker 1: the Women's NZ Double A final four for the fourteenth
Speaker 1: straight time. The Huskies beat North Carolina State and double overtime.
Speaker 1: Yukon will face Stanford. Louisville is also in because they'll
Speaker 1: face South Carolina in the NHL. The Capital's Lost. Global
Speaker 1: News twenty four hours a day on air and on
Speaker 1: Bloomberg Quicktake, powered by more than twenty seven hundred journalist
Speaker 1: and analysts more than a hundred twenty countries. Michael Barrn,
Speaker 1: This is Bloomberg, Nathan. Thanks Michael, six nineteen on Wall
Speaker 1: Street Line from the Bloomberg Attractive Bokers Studios. This is
Speaker 1: Bloomberg Daybreak and Bloomberg News Executive Editor for International Government.
Speaker 1: Roslyn Matheson is with us as we continue to watch
Speaker 1: these talks underway in Turkey between Ukraine and Russia. Ros
Speaker 1: good morning. As we heard from Michael, Ukrainian President Zelinski
Speaker 1: is saying he is open to neutrality. Is that a
Speaker 1: sign of a concession as we head into these times? Well,
Speaker 1: that's actually something he's been saying all along, is that
Speaker 1: he's open to discussing a lot of things in order
Speaker 1: to get a cease far and then possibly more permanent
Speaker 1: peace agreement. But neutrality for Ukraine comes with caveats, and
Speaker 1: those are some pretty significant ones, which include security guarantees
Speaker 1: that they say must come from European countries, from NATO
Speaker 1: members Turkey, the US and others in order for it
Speaker 1: to feel safe enough to say it can declare itself neutral.
Speaker 1: Mutual probably means confirming what everyone knows already and that
Speaker 1: Ukraine will not join NATO for the foreseeable future for
Speaker 1: many years, if at all, and that can allow it
Speaker 1: to say, in theory it's neutral. But in order to
Speaker 1: do that, it also does need some kind of support
Speaker 1: from the West, and that's where we get into tricky
Speaker 1: ground again about what security guarantees might be possible, what
Speaker 1: other countries would be willing to sign, if anything, in
Speaker 1: order to make Ukraine feel comfortable in that scenario. So
Speaker 1: we're quite a way still, potentially from getting that bigger deal.
Speaker 1: There is the possibility in Turkey today tomorrow that we
Speaker 1: might get the outlines of what would be a forty
Speaker 1: eight hour ceasefire that just that these brings a pause
Speaker 1: in the fighting, that allows more people to leave some
Speaker 1: of the worst areas that have been hit by the conflict,
Speaker 1: and perhaps some breathing space to allow conversation towards that
Speaker 1: broader deal. If we do get that ceasefire, does that
Speaker 1: bring in the possibility that we get more discussions among
Speaker 1: NATO members when it comes to some of these asks
Speaker 1: that Zelinski is looking for, like security guarantees, And I
Speaker 1: guess the bigger question is what kind of security guarantees
Speaker 1: could need to agree to when you have so many
Speaker 1: different leaders of so many different countries with their own
Speaker 1: ideas heading into this. Well, that's right, and as our
Speaker 1: reporting has been showing over the last week, there are
Speaker 1: quite the spell of divergence within NATURE members, particularly in Europe,
Speaker 1: between Western Europe, Eastern Europe and some one about exactly
Speaker 1: how to tackle those really big questions. Because some leaders
Speaker 1: would say, let's just get a cease far, get the
Speaker 1: fighting to stop, then let's think about the rest of it.
Speaker 1: The most important priority is that others are saying it
Speaker 1: has to all happen at the same time. But of
Speaker 1: course you're putting together potentially very complicated piece. Still they
Speaker 1: could have lasting ramifications, so if you don't get it
Speaker 1: right from the outset, this would cause problems for years
Speaker 1: from now. So these countries are saying, hang on, let's
Speaker 1: not rush any of this because if we have to
Speaker 1: give guarantees, what do they look like. Um, it's very
Speaker 1: clear that NATO members have said they will not put
Speaker 1: troops into Ukraine in this existing conflict or commit to
Speaker 1: doing so in a future conflict. So what does security
Speaker 1: guarantees mean anyway? Does it mean sending certain types of
Speaker 1: weaponry into Ukraine to support it if it has to
Speaker 1: have a further conflict with Russia somewhere on its terrain?
Speaker 1: What else does it look like? That's really up in
Speaker 1: the air at this stage. I've seen reports that Russian
Speaker 1: billionaire Roman Abramovich is taking part in these talks in Istanbul.
Speaker 1: If we confirmed that, and how could that affect the negotiations. Well,
Speaker 1: he seems to be playing a bit of a self
Speaker 1: styled role as a mediator. UM. He has held talks
Speaker 1: in Ukraine itself earlier in the month. UM, and he's
Speaker 1: in Turkey now. He's not part of the official delegation
Speaker 1: so it's not sitting on the talks that are occurring
Speaker 1: this morning, but he's certainly in the vicinity and trying
Speaker 1: to facilitate its scenes in whatever way he can. And
Speaker 1: he met, of course with the Turkish president this morning
Speaker 1: before those official talks began, so he seems to be
Speaker 1: at someone who's on the sidelines, trying to help navigate
Speaker 1: if he can. He does, of course have his own
Speaker 1: contacts in Ukraine and perhaps can smooth the way a
Speaker 1: bit um, and he probably has an incentive potentially to
Speaker 1: get back in the good books a bit with countries
Speaker 1: like the UK and the US. He's been sanctioned as
Speaker 1: part of this. Of course, his Chelsea football club he's
Speaker 1: had to give up as well, so perhaps theres a
Speaker 1: motivation for him to show that he's doing something here,
Speaker 1: perhaps to to redeem himself and his business with the
Speaker 1: West well. As we mentioned, we expect these talks to
Speaker 1: continue into tomorrow, perhaps even into a day after that.
Speaker 1: Will continue monitoring them. Bloomberg's Rosalind Matheson, our executive editor
Speaker 1: for International Government. As always, thanks for keeping us up
Speaker 1: to speed on what's been happening so far in a Stanbul.
Speaker 1: Looking ahead to the market open on Wall Street, futures
Speaker 1: are higher, SMP futures are up eighteen points, down futures
Speaker 1: up forty two, NASTAC futures on the rise by forty
Speaker 1: nine points. The tenure treasury is down thirteen thirty seconds,
Speaker 1: the yield two point five zero percent. The yield on
Speaker 1: the two year right now two point four two percent.
Speaker 1: That's a spread of eight basis points. Name x screws
Speaker 1: up nine percent, ninety six cents at a hundred six
Speaker 1: dollars cents of baril comes Gold down one point four percent,
Speaker 1: down twenty six dollars seventy cents a N eighteen even
Speaker 1: announced straight ahead. President Biden expresses outrage at Vladimir Putin
Speaker 1: and megacap Tech makes a comeback. Five things you need
Speaker 1: to start your day straight ahead on Bloomberg Game Bloomberg
Speaker 1: Jay Break brought you by the Jewish Communal Fund j
Speaker 1: c f's donor Advised Fund is the smart choice to
Speaker 1: manage your philanthropy, especially in times of crisis. Make your
Speaker 1: giving impactful. Visit j c F n Y dot org.
Speaker 1: Broadcasting live from the Bloomberg Interactive Broker Studio in New York.
Speaker 1: Bloomberg E Living Free to Washington, d C, Bloomberg to Boston,
Speaker 1: Bloomberg one O six one to San Francisco, Bloomberg N
Speaker 1: sixteen to the country, Sirius XM to the Oneline team
Speaker 1: and around the globe. The Bloomberg Business app in Bloomberg
Speaker 1: Radio dot Com. This is Bloomberg Daybreak six thirty on
Speaker 1: Wall Street. Good morning. I'm Nathan Hager and I'm Karen Moscow,
Speaker 1: and we're just about three hours away from the open
Speaker 1: of US trading. Time for the five things you need
Speaker 1: to notice start your day out to you buy interactive
Speaker 1: brokers Up first, Ukraine is looking for a ceasefire agreement
Speaker 1: and talks to the Russian negotiators. They're meeting right now
Speaker 1: in Turkey, where President here to Wan says he expects
Speaker 1: quote good news from the peace talks meantime, Karen, President
Speaker 1: Biden is clarifying his remarks on Vladimir Putin. He says
Speaker 1: the US is not seeking regime change in Russia, but
Speaker 1: that he still has the right to express concern. I
Speaker 1: was expressing my outrage at the behavior of this man.
Speaker 1: It's outrageous. It's outrageous, and it's more an aspiration, and
Speaker 1: he shouldn't be in power. There's no I mean, people
Speaker 1: like this shouldn't be ruling countries, but they do. The
Speaker 1: fact they do, but don me and I can't express
Speaker 1: my outrage. President Biden is rejecting criticism that his comments
Speaker 1: escalated the situation with Russia. Meantime, Nathan, the President's budget
Speaker 1: is also in focus. He's renewing efforts to sUAS more
Speaker 1: tax revenue from big companies and wealthy households. His new
Speaker 1: budget calls for two point five trillion dollars in tax hikes.
Speaker 1: Turning to markets, now, we have several companies making headlines
Speaker 1: this morning. Let's see at the details live with Bloomberg's
Speaker 1: John Tucker, John Nathan. Let's starting with the change of
Speaker 1: the top at fed X, the package delivery company is
Speaker 1: named Rod Subramanian as its new CEO. He takes over
Speaker 1: from founder Fred Smith, who pioneered express delivery almost fifty
Speaker 1: years ago. Up next, let's talk Amazon. It's become the
Speaker 1: first megacap text doctor raise losses for the year. Shares
Speaker 1: are now up one point four percent since January one.
Speaker 1: And finally, Apples here is heading for their longest winning
Speaker 1: streaks since two thousand three. After a dismal start of
Speaker 1: the year, Apple has seen earnings estimates upgraded by analysts.
Speaker 1: Lie to New York. I'm John Tucker, Bloomberg. Daybreak right, John,
Speaker 1: Thank you. Returned to Hong Kong now, where the outlook
Speaker 1: for bankers is looking up. The city has seen an
Speaker 1: exodus of finance staff, but those that state are getting rewarded.
Speaker 1: Bloomberg's Rindy to Young joins us live at the details,
Speaker 1: good morning Rady to good morning Karen. For tech savvy
Speaker 1: workers willing to live in the somewhat isolated city, opportunities
Speaker 1: like big promotions and pay increases are plentiful, at least
Speaker 1: in the short term. That typically finance workers heading to
Speaker 1: a different company in Hong Kong would get about fiftent
Speaker 1: pay hike, but executive search firm E s g I
Speaker 1: says they're seeing twenty increases. Data show the number of
Speaker 1: new visas issued to foreign financial service workers in Hong
Speaker 1: Kong is down almost fifty from Live in New York,
Speaker 1: I'm rened a young Bloomberg daybreak. Al Right, re need
Speaker 1: to thank you. And that's the five things you need
Speaker 1: to notice start your day and straight ahead your latest
Speaker 1: local headlines, plus a check of sports. And this is Bloomberg.
Speaker 1: Thanks caring at six thirty three on Wall Street, twenty
Speaker 1: five degrees in Central Parker's starting to see the lace
Speaker 1: build up on the bridges and tunnels. Now we'll get
Speaker 1: the details in traffic in a few minutes. First, Michael
Speaker 1: Barr has more right now on what's going on in
Speaker 1: New York and around the world. Michael, thank you very much. Nathan.
Speaker 1: New York City Mayor Eric Adams is criticizing Florida's so
Speaker 1: called Don't Say Game bill. Florida Governor Around de Santis
Speaker 1: signed to build that limits instruction about gender identity and
Speaker 1: sexual orientation in kindergarten through third grade in Florida. We
Speaker 1: will make sure that parents can send their kids to
Speaker 1: school to get an education, not an indoctrination. Critics say
Speaker 1: it will further marginalize those in the LGBTQ community. Mayor
Speaker 1: Adams called the bill hateful and harmful, saying to the
Speaker 1: families living in fear of this state sponsored discrimination, you
Speaker 1: are welcome in New York City. Our arms and hearts
Speaker 1: are wide open. Uber and lift drivers in New York
Speaker 1: City planned a caravan today from Brooklyn to Uber's headquarters
Speaker 1: in Manhattan to demand better pay and other benefits, including
Speaker 1: bolstering health and safety and transparency and driver to the activation.
Speaker 1: Drivers say with rising gas prices, it is getting harder
Speaker 1: to make a profit. The House committee investigating last year's
Speaker 1: attack on the US Capitol has voted unanimously to hold
Speaker 1: two aids to former President Donald Trump in contempt of
Speaker 1: Congress Trade Advisor Peter Navarro and Communications aid Dan Skavino,
Speaker 1: and refused for months to comply with subpoenas it comes.
Speaker 1: As US District Judge David Carter ruled, the court finds
Speaker 1: it more likely than not that President Trump corruptly attempted
Speaker 1: to obstruct the Joint Session of Congress. On January one,
Speaker 1: during the contempt hearing, Committee chair Benny Thompson said the
Speaker 1: judge's ruling as a victory for the rule of law.
Speaker 1: I encourage people at home to read what Judge Carter
Speaker 1: wrote and consider his words very carefully. His warnings about
Speaker 1: the ongoing threat to American democracy shield alarm every person
Speaker 1: in this country. The panel's resolution now goes to the
Speaker 1: House approval. There would then send the charges to the
Speaker 1: Justice Department. There has been an apology after Will Smith
Speaker 1: slapped Chris Rock at the Academy Awards Sunday. Smith says
Speaker 1: his behavior was unacceptable and inexcusable and he was wrong.
Speaker 1: Smith on Instagram said the joke about his wife's medical
Speaker 1: condition was, in his words, too much for me to Bear.
Speaker 1: He then issued a personal apology to rock Smith could
Speaker 1: face disciplinary action by the Motion Picture Academy. Global News
Speaker 1: twenty four hours a day on air and on Bloomberg
Speaker 1: Quick Take, powered by more than twenty seven hundred journalists
Speaker 1: and analysts more than a hundred twenty countries. Michael Barr,
Speaker 1: this is Bloomberg, Nathan, thanks Michael. Almost six thirty six
Speaker 1: on All Street Time for the Bloomberg Sports Update with
Speaker 1: John Stash Allen. Alright, Natan the next playoff. Holks remains
Speaker 1: slim the damage done with that mid season stretch where
Speaker 1: they lost seventeen out of twenty, but their credit, Nick's
Speaker 1: not going down without a fight. Just had a three
Speaker 1: and oh road trip, came home, came from twelve down
Speaker 1: beat Chicago one oh nine, one oh four. R J
Speaker 1: Barrett point, we fight, so that's it's not an option
Speaker 1: for us. We're fighting no matter what. We're a very
Speaker 1: good team and uh, you know, we've we've been disappointed
Speaker 1: with how we started the season, but we're a very
Speaker 1: good team. But we're pulling out these wins and we're
Speaker 1: scratching in claw and play very well. Alec Burks at
Speaker 1: a twenty seven second straight game where Burke's hit the
Speaker 1: big three down the stretch of the night where Julius
Speaker 1: Randall only made one shot, his backup Obi Toppin scorched
Speaker 1: seventeen points. Slumping Warriors missing the injured Steph Curry got
Speaker 1: blown out in Memphis Golden States last six and seven.
Speaker 1: The n C Double A Women's Final four will have
Speaker 1: three one seed Stanford, South Carolina and Louisville, plus Yukon,
Speaker 1: who had a down season by their standards with five losses,
Speaker 1: but the second seed a Husky's be top seed NC
Speaker 1: State in double overtime, first regional final ever to go
Speaker 1: two overtimes, and now Yukon, off to a fourteenth final
Speaker 1: four in a row, had a big home court advantage,
Speaker 1: had to play the game in Bridgeport. NFL owners meeting
Speaker 1: in Florida, facing criticism for lack of minority head coaches,
Speaker 1: announcing a change in hiring practices and so often teams
Speaker 1: look to hire coaches whose background is on offense. Every
Speaker 1: team now has to have a minority on its staff
Speaker 1: that works with the offense on The Rooney rule that
Speaker 1: demand's interviews with minority candidates has been expanded to include
Speaker 1: female candidates. John catually were Bloomberg sports an All right, John,
Speaker 1: thanks six thirty seven on Wall Street. Time to take
Speaker 1: a look at stock some of the names moving in
Speaker 1: the pre market. Bloomberg's Laura right is with us now
Speaker 1: for a look at the pre market update. Lauras stock
Speaker 1: split will do for a company's evaluation. Of course, we're
Speaker 1: talking now about Tesla. We are Tesla up two in
Speaker 1: the pre market, positive reverberations from that stock split announcement
Speaker 1: via Twitter twenty four hours ago. But we discussed yesterday
Speaker 1: on this program. Tesla added eighty four billion dollars to
Speaker 1: its stock market value on Monday, and to put that
Speaker 1: in context, it's more than Forward's entire market cap. And
Speaker 1: the last time Tesla split it stock was back in August,
Speaker 1: the year where Tesla's share price rose over seven. Hence
Speaker 1: the positive reaction on this occasion. So we're thinking there's
Speaker 1: going to be a lot more retail investor interest if
Speaker 1: this stock split goes forward. When you think about retail
Speaker 1: investors lately, you think about meme stuff as how are
Speaker 1: they doing this morning? Well, games stopped pairing some of
Speaker 1: yesterday's gains before the bell down two percent. The video
Speaker 1: game retailer championed by retail investors has seen a ten
Speaker 1: day rally and what is the longest winning streaks since April. Separately,
Speaker 1: a MC cooling off down two point eight percent after
Speaker 1: yesterday's huge gains. The movie theater chain rallied forty percent
Speaker 1: yesterday as the market continues to show support for AMC's
Speaker 1: interest in retail investors. Remember it was this affinity with
Speaker 1: retail investors that led AMC's CEO to listen and lead
Speaker 1: the company to take a stake in high Croft Mining
Speaker 1: and Unorthodox Pairing. You could say, nice, you're watching Norton
Speaker 1: LifeLock as well. They've had a bit of an analyst
Speaker 1: down grade, right yeah, down one and a half percent
Speaker 1: ahead of the open, Morgan Stanley downgrading the stock actually
Speaker 1: citing uncertainty surrounding longer term sales and Norton Lifelock's acquisition
Speaker 1: of London listed software Provide to avast. Now that deal
Speaker 1: is valued at eight point six billion dollars, it's facing
Speaker 1: an in depth probe by the UK Competition and Markets Authority.
Speaker 1: Thus ahead wind and finally, Laura, I see you're watching
Speaker 1: cannabis stocks as well. What's going on in that space. Yes,
Speaker 1: Sundal growers until rate brands down nine percent and four percent, respectively.
Speaker 1: So cannabis stocks are falling ahead of a vote taking
Speaker 1: place in the US House this week to decriminalize marijuana. Now,
Speaker 1: while the bill is expected to pass in the House,
Speaker 1: the legislation is forecast to have a little chance in
Speaker 1: the Senate. All right, Bloomberg's Laura right with us, keeping
Speaker 1: an eye on what's happening in the markets ahead of
Speaker 1: the open and taking a look at stocks as a whole.
Speaker 1: This morning, futures aren't moving higher. We have SMP futures
Speaker 1: right now up eighteen points, Stown futures up a hundred
Speaker 1: forty six, and Nasdaq futures are higher by fifty points.
Speaker 1: Lot of action once again in the bond space, with
Speaker 1: the tenure Treasury down twelve thirty seconds, the yield two
Speaker 1: point five zero percent, yield down, the two year two
Speaker 1: point four one percent, NIMEX crude moving higher up one percent,
Speaker 1: up a dollar four two hundred seven dollars one cent
Speaker 1: to barrel, and comic gold at the moment down one
Speaker 1: point four percent or twenty six dollars sixty cents at
Speaker 1: ten announced. Stay well, US, You're listening to Bloomberg day
Speaker 1: Break Bloomberg eleven three oh weather sunny, breezy, near forty
Speaker 1: for a high today mid forties with showers likely Tomorrow,
Speaker 1: could see more showers Thursday, with a high year seventy
Speaker 1: by then. Right now, bundle up twenty five degrees. Markets,
Speaker 1: headlines and breaking news twenty four hours a day at
Speaker 1: Bloomberg dot Com, the Bloomberg Business at and at Bloomberg
Speaker 1: Quick Tape. He's a Bloomberg Business Flash and I'm Karen
Speaker 1: Moscow and futures this morning are rising. We go to
Speaker 1: the first word breaking news dance for today's morning call.
Speaker 1: Here's Bill Maloney. Bill, good morning, and good morning Karen.
Speaker 1: That's right. US features are in the green right now down,
Speaker 1: futures up a hundred and fifty point, says to He's
Speaker 1: game nineteen. Well nos that futures are higher by fifty seven.
Speaker 1: The US ten year old at two and a half percent,
Speaker 1: Gold is down nine Oil is trading higher, but bitcoin
Speaker 1: is down by one percent. Japan rose one point one
Speaker 1: percent overnight, while up markets are also in the green,
Speaker 1: led by two and a half percent gains in France
Speaker 1: and back in the US. On the economic front, at
Speaker 1: ten o'clock, Consumer confidence and Jolt's job openings. After about
Speaker 1: US night, Jeffreys Q and net revenue beat estimates and
Speaker 1: regarding earnings this morning, McCormick beat Smith's and this is
Speaker 1: just hitting right now. In deal news, United Health to
Speaker 1: pay a hundred and seventy dollars to share for l
Speaker 1: h C Group Rapid things up. Fortnite was upgrade to
Speaker 1: overweight over at Barkley's, and Reynolds was cut to sell
Speaker 1: Overreck Goldman Sachs. Live from the First Breaking News dosc
Speaker 1: on Bill Maloney care great, Bill, thank you, and to
Speaker 1: hear live breaking news over your Bloomberg Times squalk on
Speaker 1: your termin I'll ask you a w K and that's
Speaker 1: a Bomberg business flash. Now here's Michael Barr with Moore
Speaker 1: on what's going on around the world. Michael Karen, thank
Speaker 1: you very much. Russia and Ukraine have started peace talks
Speaker 1: in his Sten Bull in mariupal alone A. Russia's siege
Speaker 1: of the southern city has killed almost five thousand people,
Speaker 1: according to the city's mayor. President Joe Biden said he
Speaker 1: wasn't announcing a US policy change when he declared Russian
Speaker 1: president Vladimir Putin cannot remain in power, but was expressing
Speaker 1: his own anger about the invasion of Ukraine. Biden told reporters,
Speaker 1: I am not walking anything back. The fact of the
Speaker 1: matter is I was expressing the moral outrage I felt.
Speaker 1: In the NBA the nixt one, the Celtics and Warriors lost.
Speaker 1: Yukon is heading back to the Women's nc Double A
Speaker 1: Final four for the fourteenth straight time. The Huskies beat
Speaker 1: North Carolina State seven and a double overtime thriller. Yukon
Speaker 1: will face Stanford. Louisville is also when they will face
Speaker 1: South Carolina in the NHL. The Capital's Lost. Global News
Speaker 1: twenty four hours a day on air and on Bloomberg
Speaker 1: Quick Take Hour by more than twenty seven under journalists
Speaker 1: and analyst more than twenty countries. Michael Barr and this
Speaker 1: is Bloomberg. Karen, right, Michael, thank you. At sixty nine
Speaker 1: on Wall Street, we turned to news and science and
Speaker 1: technology Now with the Bloomberg and j I T STEM Report,
Speaker 1: brought to you buy New Jersey Institute of Technology and
Speaker 1: j I T makes industry ready engineers and more than
Speaker 1: twenty fields. If it's engineering, it's at n j I
Speaker 1: t learn more at n j I, T DOT E
Speaker 1: d U and now Here's its making news and science, technology,
Speaker 1: engineering and math, and Shanghai authorities cranked up lockdown restrictions
Speaker 1: for people living in the eastern half of the city.
Speaker 1: They'll be allowed outside only to get a COVID test.
Speaker 1: After four days, the other half of Shanghai will be
Speaker 1: locked down. The city recorded a record number of almost
Speaker 1: forty five hundred COVID cases today. Germany recorded about twenty
Speaker 1: five percent more electricity generated from renewable sources in the
Speaker 1: first three months of the year compared with the same
Speaker 1: period last year, thanks to unusually wind and sunny weather.
Speaker 1: The German government has pledged to ramp up the use
Speaker 1: of solar and wind power as part of its plan
Speaker 1: to wean the country off Russian fossil fuels. Because of
Speaker 1: the war in Ukraine and Cafe Pacific Airways plans to
Speaker 1: reroute its New York Hong Kong service to avoid Russian
Speaker 1: airspace and what would be the world's longest commercial passenger
Speaker 1: flight by distance. The airline plans to fly from New
Speaker 1: York's JFK air poured over the Atlantic Ocean, the UK,
Speaker 1: Southern Europe and Central Asia. According to a memo to
Speaker 1: Cafe Flight staff seen by Bloomberg News, the distance of
Speaker 1: ten thousand, three hundred twenty six miles, we'll take about
Speaker 1: seventeen hours, and that's a Bloomberg and j I t
Speaker 1: Step report. Nathan, there's a map of that flight on
Speaker 1: the Bloomberg terminal. That is a long haul. It is
Speaker 1: where you're live from the Bloomberg Interactive Brokers studios where
Speaker 1: it's now six fifty one on Wall Street Time now
Speaker 1: to check what's going on in d C. Some of
Speaker 1: the top stories in our nation's capital include President Biden
Speaker 1: saying he expressed outrage, not a change in policy when
Speaker 1: he said Vladimir Putin needs to not remain in power,
Speaker 1: Senator Mansion coming out against attacks on the wealthy just
Speaker 1: proposed in President Biden's new budget, and Supreme Court Justice
Speaker 1: Clarence Thomas was wife facing a possible house interview over
Speaker 1: her January six texts from are On. All these stories
Speaker 1: were joined again by Bloomberg Washington correspondent host of Sound On,
Speaker 1: Joe Matthew. Joe, once again, we're talking about those nine
Speaker 1: words from President Biden. As talks are underway between Ukrainian
Speaker 1: and Russian negotiators to try to stop this war. What
Speaker 1: is the state of the geopolitics right now? Well, my goodness,
Speaker 1: where to begin with that one? In terms of the
Speaker 1: nine words, the President tried to clean this a little
Speaker 1: bit more than walk it back. I think is the
Speaker 1: cliche that we'll go with. As he said, he didn't
Speaker 1: really regret anything. I think he was just trying to
Speaker 1: sort of reset what his his intentions were in saying that,
Speaker 1: reminding at least I am now everyone that he referred
Speaker 1: to Vladimir Putin as as a war criminal, as a killer,
Speaker 1: as a pariah, and a butcher. So what came out
Speaker 1: of his mouth on Saturday night, while not in the script,
Speaker 1: didn't actually change a lot. And now there are talks
Speaker 1: getting underway this morning between Ukraine and Russia in Turkey.
Speaker 1: That had been concerns that maybe this type of language
Speaker 1: would have an impact on talks, but it really is
Speaker 1: similar to a lot of the other things the president
Speaker 1: has said the past couple of weeks, and these talks
Speaker 1: are continuing right now, if only with hopes of achieving
Speaker 1: some kind of rules of the road here when it
Speaker 1: comes to the humanitarian crisis, preventing the killing of thousands
Speaker 1: more civilians is while a low bar, the point of
Speaker 1: this conversation today as opposed to reaching a ceasefire, which
Speaker 1: would be the overall goal for Ukraine. I guess a
Speaker 1: lot of the concern we've heard from NATO ally leaders
Speaker 1: Joe is that the president's comments could further escalate tensions Russia.
Speaker 1: You've gotta wonder how much further escalation there could be
Speaker 1: when we do have continued bombardments of the Ukrainian cities
Speaker 1: even as these talks continue. Yeah, it goes both ways here,
Speaker 1: and that's why, of course, the US and our allies
Speaker 1: in Great Britain among others, are very skeptical of the
Speaker 1: motivations here from Moscow in these talks. Ukraine has a
Speaker 1: lot of reasons to continue talking. They want to achieve
Speaker 1: this ceasefire, but the Russians so far have really not
Speaker 1: been believable in this opportunity or this effort here to
Speaker 1: achieve peace. Uh. Vladimir Putin has decided to go in
Speaker 1: in the most intense way possible to try to crush
Speaker 1: the spirit of Ukrainians. If he can't beat the military,
Speaker 1: he's going for the people, and that's kind of the
Speaker 1: idea behind the sanctions on our end as well, to
Speaker 1: squeeze the people of Russia so they will rise up
Speaker 1: and potentially bump Vladimir Putin out of office. But that's
Speaker 1: nothing that's about to happen anytime soon. Interesting that you
Speaker 1: framed at, Joe is a reset of the president's remarks
Speaker 1: about Vladimir Putin. He might have been looking for a
Speaker 1: rees at maybe with the release of the budget yesterday,
Speaker 1: but it seems like we're we're still dealing with a
Speaker 1: lot of the same debates over spending in Washington. Yeah,
Speaker 1: he tried to look the White House is trying to
Speaker 1: appeal to moderates here with an approach of fiscal restraint.
Speaker 1: It lowers deficit spending by a trillion dollars over ten years.
Speaker 1: It adds money for police and veterans. It adds quite
Speaker 1: a bit more for defense, spending more than eight hundred
Speaker 1: and thirteen billion dollars. That is an increase over this
Speaker 1: current fiscal year. But there are some leftovers from Build
Speaker 1: Back Better, the president's social spending plan that never passed
Speaker 1: Congress last year, including a proposed tax on on the
Speaker 1: super wealthy households worth more than a hundred billion dollars
Speaker 1: a year. This would be a tax not just on income,
Speaker 1: but a a minimum tax on unrealized gains Nathan, which
Speaker 1: is not something that Joe Manchion would favor, nor Kyston
Speaker 1: Cinema or others on Capitol Hill, which is partly why
Speaker 1: it didn't pass last year. But the problem is without
Speaker 1: that tax on unrealized gains, you won't be able to
Speaker 1: lower deficit spending, by the way the White House is projecting.
Speaker 1: The other knock on this, by the way, is this
Speaker 1: was all drafted with expectations and numbers from November which
Speaker 1: do not account for the massive increase we've seen in
Speaker 1: inflation since then. So there are some issues to iron
Speaker 1: out in this budget, and that's why it will not
Speaker 1: likely look a lot like this by the time it's done.
Speaker 1: If they pass something only about thirty seconds left here, Joe,
Speaker 1: what are the chances that Supreme Court Justice Clarence Thomas's
Speaker 1: wife Jenny testifies before? Looking pretty good? Pretty good the
Speaker 1: panel uh, suggesting that it is likely that they will
Speaker 1: seek an interview. Uh. It was a pretty busy night actually,
Speaker 1: as they referred a couple of former Trump officials UH
Speaker 1: for criminal contempt, potentially charges, which makes four. Now, whether
Speaker 1: Jenny Thomas gets in front of this panel and whether
Speaker 1: we hear what she says is another question. Much more
Speaker 1: to come. Bloomberg Sound On with Joe Matthew are Washington Correspondent.
Speaker 1: Catch it this evening five pm at all street time
Speaker 1: right here on Bloomberg Radio. And you can listen to
Speaker 1: Bloomberg Radio in Washington. Bloomberg and one oh five point
Speaker 1: seven FM h D two is how you find us.
Speaker 1: Karen sounds good, Nathan. It is six fifties six on
Speaker 1: Wall Street, and it says Bloomberg Daybreak marches Women's History Month,
Speaker 1: and every day this month we're celebrating significant moments in
Speaker 1: women's history. And now with our installment for March twenty nine,
Speaker 1: here's Bloomberg's gonnaed a young on this day in Women's History.
Speaker 1: In nine, Catherine Caulbeck becomes the first woman elected as
Speaker 1: premier in Canada. She led Prince Edward Island and was
Speaker 1: among female pioneers in Canadian politics. Despite growing up hearing
Speaker 1: politics was not a place for women, Callbeck successfully ran
Speaker 1: for office in the House of Commons in nineteen seventy four,
Speaker 1: serving for four years. For a decade After that Callbeck
Speaker 1: worked in her family's hardware, building, furniture and appliances business,
Speaker 1: returning to politics in night. Although two other women reached
Speaker 1: premier status before her through part or legislative selection, callback
Speaker 1: was unique because she became the first woman in Canada
Speaker 1: elected premier in a general election. That's today in women's history.
Speaker 1: I'm rin to Young Bloomberg Radio, Right Radio, Thank you,
Speaker 1: Futures this morning on the rise, SMP futures up eighteen
Speaker 1: points down, futures up one hundred fifty and NASDAK future
Speaker 1: is up forty eight ten. Your treasury down eleven thirty seconds,
Speaker 1: yeld two point for nine per cent and they yield
Speaker 1: on the two year at two point for one percent
Speaker 1: nine ex screude oil of seven tenths percent. It's at
Speaker 1: a hundred six dollars seventy seven cents of barrel. And
Speaker 1: Bloomberg Surveillance is straight ahead with Tom Keene, Jonathan Farrell,
Speaker 1: and Lisa Abramowitz for Naked Hagar. I'm Karen Moscow and
Speaker 1: this is Bloomberg