Speaker 1: Live from the Bloomberg Interactor Brooker Studios. This is Bloomberg
Speaker 1: Daybreak for Friday, April one. Coming up this sour peace
Speaker 1: talks are set to resume between Russia and Ukraine. The
Speaker 1: second quarter kicks off after an historically bad one for
Speaker 1: stocks and bonds. Talks of a recession threatened confidence for investors,
Speaker 1: and Wall Street looks to the March jobser four for
Speaker 1: the latest reading on the economy. A Jodge orders New
Speaker 1: York's Democrat controlled legislature to redraw the states in congressional districts.
Speaker 1: Plus New Jersey Governor Murphy has covid. I'm Michael bar
Speaker 1: More ahead, I'm John stashtoward sports over time in Brooklyn,
Speaker 1: the Bucks, Beef, the Nets, and yet another injury concern
Speaker 1: for metsdays. Jacob de Grand. That's all straight ahead on
Speaker 1: Bloomberg day Break on Bloomberg Even Free on New York
Speaker 1: Bloomberg one, Washington, d C, Bloomberg one oh six one, Boston,
Speaker 1: Bloomberg nine six, San Francisco, Sirius x M one nineteen
Speaker 1: and around the world. Go on Bloomberg Radio dot Com
Speaker 1: and via The Bloomberg Business. Good Morning. I'm Nathan Hagar.
Speaker 1: And I'm Karen Moscow in Ustock. Index Future is on
Speaker 1: the rise this morning. We're coming up to six o
Speaker 1: one on Wall Street. I mean check the markets every
Speaker 1: fifteen minutes throughout the trading day. On Bloomberg Guess and
Speaker 1: P Future is up twenty three points down. Futures have
Speaker 1: a hundred seventy eight and nasday Future is up eighty
Speaker 1: one Tenure Treasury down eighteen thirties seconds two point for
Speaker 1: zero percent, and they yield on the two year two
Speaker 1: point three eight percent. Nine X Screwed oil is little
Speaker 1: change at a hundred dollars one cents and barrel. Nathan
Speaker 1: Karen will have more on the markets in a minute,
Speaker 1: but first we start in Ukraine. Peace talks with Russia
Speaker 1: are set to resume today. Those negotiations will be by
Speaker 1: video meantime. Russia says to Ukrainian military helicopters made a
Speaker 1: strike across the border and hit a Russian oil tank facility.
Speaker 1: Amy Morris has the latest from our Bloomberg newsroom in Washington.
Speaker 1: Kiva is not confirmed the strike in Russia, but did
Speaker 1: say its forces retook several villages in the cur uson
Speaker 1: reach into the south. This as President Biden says Vladimir
Speaker 1: Putin may have detained some of his own advisors. He
Speaker 1: seems to be self vice slaved, and there's some indication
Speaker 1: that he has um fired or put in the house
Speaker 1: arrest some of his advisers. Meanwhile, the United Nations says
Speaker 1: relief convoys are unable so far to reach Mariopol, but
Speaker 1: Russia says it will open a humanitarian corridor there. Today
Speaker 1: in Washington, I maybe Morris Bloomberg Daybreak right, Amy, thank
Speaker 1: you China also and focus this morning. European leaders are
Speaker 1: warning Beijing about involvement in the war. And we go
Speaker 1: live to Lindon and get the latest with Bloomberry's un parts.
Speaker 1: Good morning, Uen, Good morning Karen and Nathan. The European
Speaker 1: Commission's president says China has a special responsibility to demand
Speaker 1: Russia respects international law and to defend Ukraine's sovereignty. That's
Speaker 1: the message that Arson of Vonderli will deliver to Beijing
Speaker 1: today at a virtual summit expected to be dominated by
Speaker 1: Russia's war. Europeans are expected to tell China that any
Speaker 1: help to Moscow to avoid sanctions or to supply weapons
Speaker 1: will result in severe consequences. Live in London. I'mu and
Speaker 1: pults day break. Okay, you and thanks. Turning back to markets,
Speaker 1: now Oils heading for its biggest weekly loss in almost
Speaker 1: two years after falling seven percent yesterday. It's little change
Speaker 1: now with NIME ex scruded a hundred dollars thirty three
Speaker 1: cents and brented a d eighty four. That's after the
Speaker 1: White House ordered an unprecedented release of strategic reserves. Democratic
Speaker 1: Michigan Congressman Damn Killed He says it's a good first step.
Speaker 1: I don't think by itself it solves the problem, but
Speaker 1: it's a step. I'd like to see us do a
Speaker 1: couple other things, but this is a step in the
Speaker 1: right direction. People need relief at the pump, and this
Speaker 1: will make a difference in terms of the prices they're
Speaker 1: seeing for everything. Congressman Dan Kildy also supports the temporary
Speaker 1: lift on the federal and state gas tax. He spoke
Speaker 1: with our Washington correspondent Joe Matthew on Bloomberg Sound On
Speaker 1: Catch the program weekdays at five pm Eastern on Bloomberg Radio.
Speaker 1: All Right, Nathan wore Inflation and the lingering impact of
Speaker 1: the pandemic made the first quarter, a historically rough one
Speaker 1: for investors. More than three trillion dollars were erased from
Speaker 1: on iniquity values in the period. Megan Hornman, chief investment
Speaker 1: officer at Verdense Capital Advisor, sees the current situation as
Speaker 1: a buying opportunity. We are also looking at some of
Speaker 1: the areas that are getting beaten down the most, you know,
Speaker 1: some of the growth areas that got hit really bad
Speaker 1: in January and February. We did put some money to
Speaker 1: work there, thinking that over the long run that they
Speaker 1: had been unfairly pushed lower because of what's going on
Speaker 1: with interest rates as well as the war with Rush
Speaker 1: in Ukraine. Megan horn Men with Verdense Capital Advisor says
Speaker 1: earning season will be key for future market action. Well.
Speaker 1: Questions are swirling about what earnings will look like, Karen,
Speaker 1: and also whether recessions coming. City Group Global Chief Economist
Speaker 1: Nathan Sheet says the odds of that are significant. Globally,
Speaker 1: uh it's around a third the geo political situation, the
Speaker 1: energy situation is very severe. I think in the United
Speaker 1: States we are insulated an notch when I think about
Speaker 1: kind of the global situation coupled with the federal reserve
Speaker 1: potential se hiking very rapidly, maybe one in four over
Speaker 1: the next eighteen months. It is it is significant. City
Speaker 1: Group Global Chief Economist Nathan Sheets made the comments on
Speaker 1: Bloomberg's Balance of Power. Catch that program weekdays at noon
Speaker 1: Eastern on Bloomberg Radio and Television. Well Nathan mc game
Speaker 1: more clues about the economy later this morning with the
Speaker 1: release of the March jobs are poor at the median
Speaker 1: forecast colls for four nine thousand new jobs at an
Speaker 1: employment rate of three point seven percent. Became more from
Speaker 1: Bloombergy's Michael McKee. Analysts expect March was another strong month
Speaker 1: of job growth, although borrowing a major surprise, the numbers
Speaker 1: may not make a whole lot of difference to the
Speaker 1: Fed policymakers have all but said there in line to
Speaker 1: raise the nation's benchmark lending rate by half a percentage
Speaker 1: point on May fourth. Nevertheless, they will feel better if
Speaker 1: they see a lot of Americans going back into the
Speaker 1: labor force. That would ease pressure on wages and therefore
Speaker 1: on inflation. That's particularly true for manufacturing companies have struggled
Speaker 1: to find factory workers, leading some to turn away business.
Speaker 1: Michael McKee Bloomberg Daybreak, Mike. Thanks, Let's send the corporate
Speaker 1: news now with a focus on the world's largest retail site.
Speaker 1: The push to unionize that Amazon is growing. Let's get
Speaker 1: the latest life from Bloomberg's You need a young Good morning,
Speaker 1: Good morning, Nathan. The upstart Amazon labor union in Staten
Speaker 1: Island is closer to forming. Workers who want to organize
Speaker 1: are leading by more than three hundred and fifty votes
Speaker 1: out of about dred tallied. That count will continue today. Meantime,
Speaker 1: Amazon workers in Alabama voted to reject a union in
Speaker 1: a tight race yesterday, but the National Labor Relations Board
Speaker 1: says about a quarter of the votes are challenged and
Speaker 1: will need to be reviewed. Those could potentially change the outcome.
Speaker 1: Live in New York, I'm gonna need a young Bloomberg Debriak.
Speaker 1: We need to thank you. And in early trading this morning,
Speaker 1: we're seeing shares of Game Stomp up about fifteen per cent.
Speaker 1: The video game retailer plans to ask shareholders for approval
Speaker 1: of a stock split in the form of a dividend,
Speaker 1: and that mayre's recent moves from Amazon, Alphabet, and Tesla,
Speaker 1: and right now, futures are higher with SMP futures up
Speaker 1: twenty two point, staff futures up a D seventy fives
Speaker 1: that teachers up eighty one points. The tenure treasury is
Speaker 1: down eighteen thirty seconds. The yield two point four zero
Speaker 1: percent yield on the two year two point three nine,
Speaker 1: nim Ex screwed up two tenths percent or twenty cents
Speaker 1: and a hundred dollars forty eight cents a barrel, and
Speaker 1: comics gold is down to nine eight announced local headlines
Speaker 1: and the check of Sports. Up next to this is Bloomberg.
Speaker 1: It sounds six o seven on Wall Street. Clouds fifty
Speaker 1: five degrees in Central Park. We've got an accident in
Speaker 1: Staten Island that's at the lower level of Arizona Bridge.
Speaker 1: The tails coming up in traffic. First. Michael Barr with
Speaker 1: more on what's going on in New York and around
Speaker 1: the world. Michael, thank you very much. Nathan to Judges
Speaker 1: ordered New York's Democratic controlled legislature to redraw the state's
Speaker 1: congressional and legislative districts after finding they were unconstitutional. Judge
Speaker 1: Patrick McAllister said in the ruling that maps redrawing the
Speaker 1: states congressional district were Jerrymander to benefit Democrats. Judge McAllister
Speaker 1: gave lawmakers until April eleventh to try again, and if
Speaker 1: their new maps fail to pass muster in the courts,
Speaker 1: the judge said he would order the state to pay
Speaker 1: for a court approved expert to redraw the maps. The
Speaker 1: NYPD says a twelve year old boy was killed by
Speaker 1: gunfires he was eating in a parked car in Brooklyn
Speaker 1: with two family members, one of whom was shot and wounded.
Speaker 1: Assistant Chief Michael Kemper's said the boy was shot multiple
Speaker 1: times and pronounced dead at the scene. A preliminary investigation
Speaker 1: reveals that the three pulled over in the car to
Speaker 1: eat some food when shots were fired that penetrated their vehicle.
Speaker 1: Kempers said a twenty year old woman and the driver's
Speaker 1: seat was taken to the hospital and is expected to recover.
Speaker 1: An eight year old girl in the back seat was unhurt.
Speaker 1: New York City Mayor Eric Adams, also at the news conference,
Speaker 1: stressed the importance of getting guns off the streets. The
Speaker 1: question I can see to ask, what about the innocent people?
Speaker 1: What about people that sending their cause and the shot
Speaker 1: and kill? We have so much about those who are fighting.
Speaker 1: But when are we going to stop fighting for the
Speaker 1: innocent people at this city. Mayor Adam says, we need
Speaker 1: everyone to help us in this sense lens violence. New
Speaker 1: Jersey Governor Phil Murphy has tested positive for COVID nineteen
Speaker 1: and will isolate for five days. A spokesperson says Murphy
Speaker 1: is asymptomatic and feeling well, but will cancel all events.
Speaker 1: Most New Yorkers who worked from home during the pandemic
Speaker 1: planned to cut their time in the office by nearly
Speaker 1: half and spend less money in the city annually. According
Speaker 1: to Stanford economics professor Nicholas bloom the average New York
Speaker 1: City office worker would slash annuals spending in the city
Speaker 1: by more than sixty seven hundred dollars. That's down from
Speaker 1: an estimated twelve thousand, five hundred before the pandemic. At
Speaker 1: a news conference at the Federal Reserve Bank of New York,
Speaker 1: Blooms said the remote work push could cost New York
Speaker 1: between five and ten percent of its city center population.
Speaker 1: Global News twenty four hours a day on air and
Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven hundred
Speaker 1: journalists and analysts. More than a hundred twenty countries. Michael
Speaker 1: bar this is Bloomberg. Nathan. Okay, Michael, thank you. Almost
Speaker 1: six ten on Wall Street. Time for the Bloomberg Sports
Speaker 1: Update with John eight And Originally the plan was for
Speaker 1: Jacob the Grounder spend the last day of March on
Speaker 1: the Mountain City Field pitched opening day for the Mets. Courts.
Speaker 1: Opening day pushed back a week after the lockout, so
Speaker 1: de Grohm instead was doing some long tossing in Port St.
Speaker 1: Lucy and he felt some tightness in his shoulder, and
Speaker 1: every Mets fan had the same thought, here we go again.
Speaker 1: When de Grom pitches, he's the best there is, but
Speaker 1: so often he doesn't pitch. Missed the second half of
Speaker 1: last season with an elbow injury, is likely headed now
Speaker 1: for an m r I over time in Brooklyn Milwaukee.
Speaker 1: Top that that's once one nineteen the honest of the couple.
Speaker 1: I scored forty four, Keevin Duran had twenty six points,
Speaker 1: Kyrie Evering twenty five. Islanders beet Columbus five. Two Devils
Speaker 1: lost in Boston eight to one, the last n I
Speaker 1: T game at the Garden, at least for a while.
Speaker 1: They are now going to move the tournament around to
Speaker 1: other cities Xavier, Top Texas, A and M in the
Speaker 1: Game of seventeen lead changes seventy three seventy two Women's
Speaker 1: Final four starts tonight in Minneapolis and then the ends
Speaker 1: or tomorrow in New Orleans. Four days after coaching St.
Speaker 1: Peter's in the n C Double A E lead A shade,
Speaker 1: and Holloway introduced as a new coach at Seton Hall.
Speaker 1: No shortcuts, no knuckle. I hope you guys right to work. No,
Speaker 1: I'll watch his team so while I don't know what
Speaker 1: you think to do. Oh after his meeting, after his
Speaker 1: brust covers first day, will you meeting to Boston? He staid,
Speaker 1: where's gonna take it? To play? For me? Understand the
Speaker 1: traditions of Seton Hall University. He's a Seton Hall along
Speaker 1: his salary and seeing all me about two and a
Speaker 1: half million, about ten times when he was making at St. Peter's.
Speaker 1: All of Holloway. St. Peter's players attended the pressider in
Speaker 1: South Orange gave their former coach a standing ovation. John
Speaker 1: Stash were Bloomberg Sports Maybe John thanks SMP future is
Speaker 1: now up twenty three point, staff futures up a hundred
Speaker 1: seventy eight, Nastack futures up eight seven tenure treasury yield
Speaker 1: two point four zero percent yield on the two year
Speaker 1: close to two point three nine. That's a spread of
Speaker 1: one basis point and nim X screwed is now up
Speaker 1: three tenths percent at a hundred dollars fifty six cents
Speaker 1: of barrel. You're listening to bloom Burg Daybreak. Bloomberg Daybreak
Speaker 1: brought to you by the Jewish Communal Fund j CFS
Speaker 1: donor Advice Fund is the smart choice to manage your philanthropy,
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Speaker 1: j c F n y dot org, markets headlines and
Speaker 1: breaking news twenty four hours a day a Bloomberg dot com,
Speaker 1: The Bloomberg Business Outland at Bloomberg quick Tape is a
Speaker 1: Bloomberg Business clash and I'm Karen Moscow. Stocks and futures
Speaker 1: are rising as investors evaluate the economic outlook amid tightening
Speaker 1: monetary policy and Russia's war in Ukraine. We checked the
Speaker 1: markets every fifteen minutes throughout the trading day on Bloomberg.
Speaker 1: Right now, S and P futures are up twenty three points.
Speaker 1: DAL futures up a hundred seventy three and NASTAG futures
Speaker 1: up eighty four. The decks in Germany's up half percent ten.
Speaker 1: Your treasury down seventy in thirty seconds yield two point
Speaker 1: four percent. They yield them at two year two point
Speaker 1: three eight percent. Nimex for oil is up to tens
Speaker 1: per cent or eighteen cents, and a hundred dollars forty
Speaker 1: six cents of barrel comex skull down nine tenths percent
Speaker 1: or seventeen dollars ten cents at nineteen thirty six eighty
Speaker 1: announce the euro one point one zero five three against
Speaker 1: the dollar, British found one point three one three six,
Speaker 1: the UN at one two point three nine and checking
Speaker 1: bitcoin it's down one and a half percent at forty
Speaker 1: five thousand is seventy five dollars. That's a Bloomberg business flash.
Speaker 1: Now here's Michael Barrow with more on what's going on
Speaker 1: around the world. Michael Darren, thank you very much. Russia
Speaker 1: claims Ukrainian forces have attacked a fuel depot across the
Speaker 1: border inside of Russia. If it's confirmed, it would be
Speaker 1: the first Ukrainian air strike on the Russian soil since
Speaker 1: the War started. Meanwhile, Ukrainian authorities say Russian troops have
Speaker 1: left the heavily contaminated to a Nobyl nuclear site. It
Speaker 1: comes as Russian in firms. Talks will resume today with
Speaker 1: Ukraine via video link. The European Union will seek China's reassuring.
Speaker 1: This is that it will not assist Russia in circumventing
Speaker 1: economic sensions leveled over the invasion of Ukraine at an
Speaker 1: annual summit. Today. In the NBA, the Nets lost in
Speaker 1: the NHL, the Bruins put a pitchfork in the Devil's
Speaker 1: eight on the Islanders won Global News twenty four hours
Speaker 1: a day on air and on Bloomberg Quick Takes, powered
Speaker 1: by more than the seven hundred journalists analysts more than
Speaker 1: twenty countries. Michael Barr, This is Bloomberg. Nathan Okay, Michael,
Speaker 1: Thanks at six nineteen on Wall Street Live from the
Speaker 1: Bloomberg Interactive Brokers studios. This is Bloomberg Daybreak, and we're
Speaker 1: joined once again this morning by Mark Champion, Senior reporter
Speaker 1: for International Affairs for Bloomberg News. As we monitor developments
Speaker 1: in the war in Ukraine, and it does seem as
Speaker 1: though Mark, we are seeing some pretty significant developments. If
Speaker 1: this report pans out from Russia that Ukraine actually crossed
Speaker 1: its border and went on the offensive against an oil
Speaker 1: tank facility in the Russian territory, is this a sign
Speaker 1: that tables are turning well. Not necess necessarily that, but
Speaker 1: it is a sign that the Ukrainians are doubling down
Speaker 1: really on a tactic that's been very successful for them
Speaker 1: so far, which is to attack Russian logistics behind the lines.
Speaker 1: This time it's it's different. Instead of going for fuel
Speaker 1: tankers along the roads, which they've hit a lot, they've
Speaker 1: hit a fuel depot in Bilgorod, which is just on
Speaker 1: the other side of the border, a key supply route
Speaker 1: into the eastern Don Bass territories, which is where Russia
Speaker 1: says it's now going to concentrate it's it's offensives, So
Speaker 1: it's kind of drawing down above Kiev and in the
Speaker 1: north and and pushing in resources into the east. So
Speaker 1: it's a very smart and logical move for the Ukrainians
Speaker 1: to make. Really. Now we're also hearing reports as well
Speaker 1: that Russian forces are pulling away near the Chernobyl facility,
Speaker 1: and Ukraine is saying it's taking more territory and some
Speaker 1: villages as well. Can you catch us up on that. Yes,
Speaker 1: we don't, you know, we don't yet have a lot
Speaker 1: of confirmed data. But it does look like the Russians
Speaker 1: are pulling back towards the yellous uh, and the Ukrainians
Speaker 1: are sort of harassing them as they go. Uh. And
Speaker 1: they say that some forty villages around the country have
Speaker 1: been taken, But we don't, you know, we were. That's
Speaker 1: very difficult to confirm, and as always in the war,
Speaker 1: each side tends to exaggerate their successes and under under
Speaker 1: report on their their losses. But nevertheless, it does seem
Speaker 1: like there's some movement now while we continue to try
Speaker 1: to confirm these reports from the ground, how does this
Speaker 1: set us up for the resumption of talks that now
Speaker 1: both sides say is going to happen remotely today. Yes,
Speaker 1: they're gonna have another round according to the Russians of
Speaker 1: UM remote talks today. Uh. They haven't gone very far
Speaker 1: so far. UM. They have come to agreement on some
Speaker 1: of the what are not necessarily agreement, but they've on
Speaker 1: an agreement in principle on some of the more diplomatic areas.
Speaker 1: But territory is the real problem, which remains unaddressed. Uh,
Speaker 1: and that as we can see, Um, it's still if
Speaker 1: you know, we're in a phase of facts being made
Speaker 1: on the ground, as as often in these situations, the
Speaker 1: things continue simultaneously with the each side trying to make
Speaker 1: the facts on the ground that they can use as
Speaker 1: leverage and talks. Are we still facing, or at least
Speaker 1: as Ukraine still facing that trust yap with Russia needing
Speaker 1: UH ceasefire to be agreed to before they can get
Speaker 1: to some of those more thorny issues. Well, ceasefire is
Speaker 1: very likely to be the first stage. The difficulty is
Speaker 1: for Russia to you know, really have a ceasefire and
Speaker 1: start pulling troops out. Uh. You know that loses them
Speaker 1: leverage on the ground. They obviously have the dominant force,
Speaker 1: So you know, it's it's it's a it should be
Speaker 1: a simple issue, but it's actually extreme difficult to get
Speaker 1: to get to agreement as you kind of stage it
Speaker 1: in such a way as neither side thinks they're losing out.
Speaker 1: And you mentioned that the biggest issue for both sides
Speaker 1: is the issue of territory, But what about the neutral
Speaker 1: status idea that Ukraine is at least sounding open to
Speaker 1: the idea of some sort of neutral status is that
Speaker 1: potentially somewhere that both sides can sort of come to
Speaker 1: the middle on Yes, I know that that should be
Speaker 1: relatively easy to do us strangely because it was, you know,
Speaker 1: such a big issue leading into the warm but there
Speaker 1: was always some room for maneuver there. At various times
Speaker 1: Ukraine has had neutrality written into its law. Um, it
Speaker 1: was always possible, but it's you know, there's a lot
Speaker 1: of devil in the detail there as to what that means,
Speaker 1: what kind of you know, Russia also wants to go
Speaker 1: with that. It wants demilitarization. And the flip side to
Speaker 1: that is that the Ukraine is there saying, well, if
Speaker 1: you want us to reduce make commitments about what kind
Speaker 1: of weaponry will have, then we need security guarantees from
Speaker 1: other countries. And then immediately you start getting into what
Speaker 1: is newtralgy in that case. If you have security guarantees
Speaker 1: from other countries, all right, well, of course, continue monitoring
Speaker 1: the talks as they get underway and any readouts that
Speaker 1: come out from either side. Mark Champion, senior reporter for
Speaker 1: international affairs for Bloomberg News. As always, thanks for getting
Speaker 1: us the latest on what's happening in the war in Ukraine.
Speaker 1: Looking ahead to the market, Open futures are moving higher
Speaker 1: on this first day of the second quarter and ahead
Speaker 1: of the March jobs report. S and P futures up
Speaker 1: twenty two points. DAL future is up a hundred sixty six.
Speaker 1: NASTAC futures are higher by eighty four points. Looking at
Speaker 1: a flattening yield curve, with the ten year treasury down
Speaker 1: sixteen thirty seconds, the yield of two point three nine percent,
Speaker 1: the yield on the two year two point three seven
Speaker 1: Much more to come, including a look ahead to March
Speaker 1: jobs and Amazon pri ming for a union drive. Five
Speaker 1: things you need to notice start your day on Bloomberg
Speaker 1: day Break. Bloombergday Break brought to you by Ancient Accountants
Speaker 1: and advisers. Challenging times call for proactive advisors who help
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Speaker 1: from the Bloomberg Interactive Broker Studio in New York. Bloomberg
Speaker 1: E Living Freedom to Washington, d C. Bloomberg to Boston,
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Speaker 1: the globe, the Bloomberg Business apt and Bloomberg Radio dot com.
Speaker 1: This is Bloomberg day Break six thirty on Wall Street.
Speaker 1: Good morning, I'm Nathan Hagar and I'm Karen Mostow. Just
Speaker 1: about three hours away from the open of US trading
Speaker 1: time for the five things you need to notice start
Speaker 1: your day. Brought to you by Interactive Brokers. Interactive Brokers
Speaker 1: charges margin loan rates from zero point eight three percent
Speaker 1: to one point eight three percent, rates subject to change.
Speaker 1: Learn more at ibk R dot com. Slash compare. First,
Speaker 1: the tables maybe turning in the war in Ukraine. Russia
Speaker 1: says to Ukrainian helicopters hit a Russian oil tank facility,
Speaker 1: and Ukraine said it's retaken territory in the Curson and
Speaker 1: Turnitive regions. President Biden said the war is not going
Speaker 1: well for Vladimir Putin. I'm not saying this with a certainty.
Speaker 1: He seems to be self isolated, and there's some indication
Speaker 1: that he has um fired or put under house arrest
Speaker 1: some of his advisors. Talks between Ukraine and Rush our
Speaker 1: set to resume by video today. Meantime, carring the White
Speaker 1: House decision to release US strategic oil reserves, has crewed
Speaker 1: on track for its biggest weekly loss in almost two years.
Speaker 1: It dropped seven percent yesterday. Right now West Texas Intermediates
Speaker 1: at a hundred dollars seven cents of barrel. It's the
Speaker 1: beginning of their second quarter, Nathan. More than three trillion
Speaker 1: dollars were erased room bond and equity values in the
Speaker 1: first quarter. The SNP five hunrey dropped four point nine
Speaker 1: percent this morning at S and P futures are up
Speaker 1: twenty two points and for markets today, of course, it's
Speaker 1: all about March jobs. Economists surveyed by Bloomberg forecasting gain
Speaker 1: of almost a half million. Bloomberg's Viney del Judas has more.
Speaker 1: America's economy is at it about one point two million
Speaker 1: jobs since the start of the year, job openings toward
Speaker 1: eleven point three million in February, just shy of a
Speaker 1: record Bloombreak economics labor market is room to run, with
Speaker 1: payroll still below February twenties peak just before the pandemic
Speaker 1: landed in the US. Look at weekly jobless claims, they
Speaker 1: dropped to a half century low in mid March. They
Speaker 1: had been running in the millions in the early stages
Speaker 1: of the pandemic. Finny del Judais Bloomberg Degree Right, Finny,
Speaker 1: thank you. Let's turn to corporate news now with a
Speaker 1: focus on the world's largest retail site. The person to
Speaker 1: unionize at Amazon is growing. Bloomberg's Raedy Young joins us
Speaker 1: live with the latest. Good Morning, Ready to have morning, Karen.
Speaker 1: The upstart Amazon labor union in Staten Island is closer
Speaker 1: to forming. Workers who want to organize are leading by
Speaker 1: more than three hundred fifty votes out of about twenty
Speaker 1: six hundred talied, and that count will continue today. Meantime,
Speaker 1: Amazon warehouse workers in Alabama voted to reject a union
Speaker 1: in a tight race yesterday, but the National Labor Relations
Speaker 1: Board says about a quarter of the votes are challenged
Speaker 1: and will need to be reviewed. Those could potentially change
Speaker 1: the outcome. Live in New York, I'm renaed a Young
Speaker 1: Bloomberg day break right, re need to thank you. That's
Speaker 1: the five things you need to notice start your day.
Speaker 1: Brought to you by Interactive Brokers and futures are higher
Speaker 1: this morning. SMP futures up twenty two points and a
Speaker 1: straight ahead your latest local headlines, plus a check of
Speaker 1: sports and this is Bloomberg. Thanks Karen sixty three On
Speaker 1: Wall Street, fifty five degrees in Central Park. We got
Speaker 1: an accident on the westbound Grand Central Parkway at the
Speaker 1: b Queie the Tails coming up in traffic first Michael
Speaker 1: Barr with more on what's going on in New York
Speaker 1: and around the world. Once again, Good morning, Michael, Good
Speaker 1: morning Nathan. A. Judges ordered New York's Democratic control legislature
Speaker 1: to redraw the state's congressional and legislative districts after finding
Speaker 1: they were unconstitutional. State Trial Court judge Patrick McAllister said
Speaker 1: in a ruling that the maps redrawing the state's congressional
Speaker 1: districts were jerrymander to benefit the Democrats. The judge gave
Speaker 1: lawmakers until April eleventh to redo the maps. If their
Speaker 1: new maps failed to pass muster in the courts again,
Speaker 1: the judge said he would order the state to pay
Speaker 1: for a court approved expert to redraw the maps. The
Speaker 1: federal judges overturned most of a restrictive Florida voting law,
Speaker 1: calling it discriminatory. The judge has ruled that the sections
Speaker 1: of the law, including read districting voting by mail and
Speaker 1: we're restricting voting by mail and the use of drop
Speaker 1: boxes were unconstitutional. Florida Governor around the sentence, it's an
Speaker 1: election integrity law. I wouldn't say it's a restriction at all.
Speaker 1: To have somebody show identification is not a restriction. It's
Speaker 1: common sense and some of the other things we did.
Speaker 1: Governor de Santis says the state will appeal. Police in
Speaker 1: New York City need your help after his shooting in
Speaker 1: Brooklyn last night, had left the twelve year old boy dad.
Speaker 1: He was kild while sitting in a park vehicle with
Speaker 1: two relatives. Authorities say a twenty year old woman in
Speaker 1: the driver's seat was also hit by the gunfire, but
Speaker 1: is expected to survive. Speaking to reporters from the scene,
Speaker 1: and YPD Assistant Chief Michael Kemper, no, that's senseless shooting
Speaker 1: this time the shooting involving the death of a twelve
Speaker 1: year old child. Assistant Chief Kemper was joined by New
Speaker 1: York Mayor Eric Addams. We're gonna just this shoot up.
Speaker 1: But as long as we have guns and we're going
Speaker 1: to be evolved into a system, we're going to continue
Speaker 1: to come to crime scenes like this. It's time point
Speaker 1: to stop. Mayor Adam said at least eleven rounds were
Speaker 1: fired at the scene in East Flatbush. New Jersey. Governor
Speaker 1: Phil Murphy has COVID. The spokesperson for the governor says
Speaker 1: Murphy has tested positive for COVID nineteen and will isolate
Speaker 1: for five days. A panel member says former President Donald
Speaker 1: Trump's son in law and White House advisor Jared Kushner
Speaker 1: provided valuable information during private questioning by the House committee
Speaker 1: investigating the attack on the Capitol, while declining to specify
Speaker 1: what he provided, Representative Elaine Luria of Virginia said that
Speaker 1: Kushnier voluntarily spoke to the committee. Global News twenty four
Speaker 1: hours a day on it or end on Bloomberg quick Take,
Speaker 1: powered by more than twenty seven under journalist and analysts
Speaker 1: more than a hundred twenty countries. Michael barn This is Bloomberg, Nathan,
Speaker 1: Thank you, Michael, almost six thirty six on Wall Streets
Speaker 1: and for the Bloomberg Sports update. Here again is John Stash.
Speaker 1: Thank Nathan. There was an elbow injury that prevented Jacob
Speaker 1: the Ground from pitching the second half of last season,
Speaker 1: but the Metsies has had virtually every injury his neck,
Speaker 1: his back, lat forearm, now for a second time an
Speaker 1: issue with his shoulder to ground felt tightness while doing
Speaker 1: some long tossing, so he won't pitch that schedule today.
Speaker 1: Instead will have an m R I. The hope still
Speaker 1: is to have the ground pitch opening day next Thursday
Speaker 1: in Washington. Milwaukee. Bucks last spray won a game seven
Speaker 1: in Brooklyn in overtime, and the Bucks last night one
Speaker 1: in Brooklyn in overtime. On one nineteen, Joanna Son of
Speaker 1: the Cup of forty four points. His three point forced
Speaker 1: the ot. He moved past Karema abdul Jabari became the
Speaker 1: Bucks all time leading score. The Nets are now in
Speaker 1: a three way tie for the eighth, ninth, and tent
Speaker 1: spots in the East. Xavier, who just fired its coach,
Speaker 1: hired a new one for next year. Meanwhile, won the
Speaker 1: n I T at one point, went over Texas, A
Speaker 1: and m at the Garden. The final four tomorrow in
Speaker 1: New Orleans starts with Kansas in Villanova, and then it's
Speaker 1: North Carolina versus arch Tribal Duke. Mike Chosky coaches a
Speaker 1: young duke squad. They don't feel pressure, and I'm amazed
Speaker 1: at the try to remember being that age would have
Speaker 1: felt pressure and nervous and maybe a little bit afraid.
Speaker 1: They're they're not. Of course, Coach K's career will either
Speaker 1: end tomorrow or if not tomorrow, then definitely Monday. Bobby Wagner,
Speaker 1: the veteran linebacker and released by Seattle, staying in the
Speaker 1: NFC West, signed with the Super Bowl champion l A
Speaker 1: Rams five years, fifty million. John stash Award Bloomberg Sports Okay, 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 as we get ready to open up
Speaker 1: the second quarter of Bloomberg's Law. Right is with us
Speaker 1: this morning watching one of those meme stocks moving big
Speaker 1: time on stock split news, not just any meme stock.
Speaker 1: Nathan the post to child for meme stock, game Stock
Speaker 1: rallying in the pre market. They plan to ask their
Speaker 1: shareholders for a stock split in the form of a dividend,
Speaker 1: and Gamesop is the latest firm to approve a stock split.
Speaker 1: We've heard from Tesla, Amazon, Alphabet and this this move
Speaker 1: is really in vogue with retail investors. Is typically it
Speaker 1: reduces the price of a company, and they specifically want
Speaker 1: to increase the number of class asias to one billion
Speaker 1: from three million. And we had some pretty interesting news
Speaker 1: across the Bloomberg terminal this morning that sparked a rally
Speaker 1: for Chinese list or Chinese companies that are listed on
Speaker 1: Wall Street. Yes, the Bloomberg scoop that Chinese authorities are
Speaker 1: apparently willing to give US regulators access to auditing report.
Speaker 1: As a result, was seeing Al Barber rallying seven percent
Speaker 1: before the bell and buy do you up eight percent?
Speaker 1: Those Chinese listed a d r S And there's been
Speaker 1: a broader nervousness in the market that Chinese tech names
Speaker 1: would be removed from US exchanges. Last night, the Nasdak
Speaker 1: Golden Dragon China index closed down almost five and a
Speaker 1: half percent overnight my time, i should say, And in fact,
Speaker 1: that index posted its worst quarter since two thousand and eight.
Speaker 1: So those Chinese tech name has been really under pressure.
Speaker 1: But this headline should provide some upside. Let's go back
Speaker 1: to Tesla. You mentioned them in terms of the stack
Speaker 1: split news, but there's been some struggle for Tesla, particularly
Speaker 1: with the lockdown happening in Shanghai. Yeah, Router's reporting that
Speaker 1: Tessla they will close their Shanghai Gigga factory for another day.
Speaker 1: That factory caught up in rolling lockdowns in China as
Speaker 1: Beijing sticks to its zero COVID policy, and that really
Speaker 1: underscores we're starting to see an economic contraction in China
Speaker 1: as a result. Just this morning, the China Kaijing manufacturing
Speaker 1: pm I slipping into contraction. So that's a worry for
Speaker 1: international firms based there. And finally, Laura, we have an
Speaker 1: analyst downgrade for a major PC maker in this country, Yes,
Speaker 1: Del selling off eight tenths per percent in the pre market,
Speaker 1: a downgrade from Goldman and Morgan Stanley. Really, this raises
Speaker 1: the question is the market for personal computer devices saturated?
Speaker 1: Many consumers upgraded their technological devices over the pandemic, were
Speaker 1: starting to see demand normalize at a time when supply
Speaker 1: chain congestion is tightening because of things like the war
Speaker 1: in Ukraine inflation. Yeah, so Dell falling in the pre
Speaker 1: market after a seven and a half percent drop yesterday
Speaker 1: for the PC maker, Bloomberg's Laura, right, thanks for keeping
Speaker 1: us up to speed on the pre market all week long. Really,
Speaker 1: appreciate it as you take a look at stocks as
Speaker 1: a whole. Ahead of this Friday morning open, futures are higher,
Speaker 1: SMP futures up twenty one point, that futures up a
Speaker 1: hundred fifty nine, and NASTAC futures on the rise by
Speaker 1: seventy nine points. And tell your treasure right now down
Speaker 1: fifteen thirty seconds with the yield two point three nine
Speaker 1: yield on the two year two point three seven percent,
Speaker 1: a spread of one and a half basis points, and
Speaker 1: I'm x screwed is down two tenths percent now at
Speaker 1: a hundred dollars seven cents of barrel. You're listening to
Speaker 1: Bloomberg Daybreak Blomber eleven, three oh weather showers giving way
Speaker 1: to partial sunshine today with a high near sixty degrees,
Speaker 1: mid fifties, probably the mostly sunny tomorrow, more clouds than
Speaker 1: sun's Sunday chance for a few showers, with higes in
Speaker 1: the low fifties currently fifty four degrees. Markets, headlines and
Speaker 1: breaking news twenty four hours a day at Bloomberg dot com,
Speaker 1: Blo Bloomberg Business Out and at Bloomberg Quick Tape. He's
Speaker 1: a Bloomberg Business lash, and I'm Karen, Moscow and futures
Speaker 1: rising this morning. Let's go to the first word breaking
Speaker 1: news dash for today's morning call. Here's Bill Maloney, Bill,
Speaker 1: good morning, and good morning, Karen. That's right. US features
Speaker 1: are in the green after yesterday's sell off without futures,
Speaker 1: currently up a hundred and fifty six points. SUPs game
Speaker 1: twenty one, Nasdick features rise by seventies seven he was
Speaker 1: ten year old at two point four percent. Gold is
Speaker 1: down five, Oil is little changed, but Bitcoin is down
Speaker 1: by two and by four and a half percent. European
Speaker 1: markets are also in the green, lived by games in
Speaker 1: Italy and Spain and back in the US. On the
Speaker 1: economic Frinday thirty of the March jobs reports at five
Speaker 1: manufacturing p M I and at ten o'clock construction spending
Speaker 1: and I s M manufacturing not to developers to night
Speaker 1: game Stamp, Games Stop planned to split its stock, shows
Speaker 1: her up fifteen percent pre market and other news. Black
Speaker 1: Rocket is cutting fees on et F s and a
Speaker 1: deal news. Toshiba climbed after its largest shareholders spurred speculation
Speaker 1: of a takeover bid by Bain Capital. Rapid Things Up.
Speaker 1: Del was cut to neutral at Goldman SAX Co America
Speaker 1: raised overweight over at JP Morgan live from the First
Speaker 1: Record News desk, gone, Bill Maloney, care Parry, Bill, thank
Speaker 1: you and to hear live breaking news O Her Bloomberg
Speaker 1: type squawk on your terminal. Ascue you a w K
Speaker 1: and that's a Bloomberg business flash. Now here's Michael Barr
Speaker 1: with more on what's going on around the world. Michael Karen,
Speaker 1: thank you very much. Talks between Ukraine and Russia will
Speaker 1: resume today via video link, following meetings earlier this week
Speaker 1: in Turkey. Well. Russia also said that to Ukrainian military
Speaker 1: helicopters made a rare strike across the border, hitting an
Speaker 1: oil tank facility in the city of Belgarade. There was
Speaker 1: no immediate confirmation from Kiev. President Joe Biden said Russian
Speaker 1: leader of Vladimir Putin may have fired some of his
Speaker 1: advisers or put them under house arrest. Biden says it's
Speaker 1: an open question as to whether Putin is fully informed
Speaker 1: on his military's performance in Ukraine, in the NBA, the
Speaker 1: Nets lost in the NHL, the Bruins down, the Devil's
Speaker 1: Eight one, the Islanders one. Global News twenty four hours
Speaker 1: a day on air and on Bloomberg quicktake powered by
Speaker 1: more than twenty seven hundred generalis f analyists more than
Speaker 1: twenty countries. Michael Barr and this is Bloomberg. Karen, right, Michael,
Speaker 1: thank you. Sixty nine on Wall Street, we turned to
Speaker 1: news now in science and technology with a Bloomberg n
Speaker 1: j i T STEM Report. It is brought to you
Speaker 1: by New Jersey Institute of Technology. N j I T
Speaker 1: makes industry ready engineers and more than twenty fields. If
Speaker 1: it's engineering, it's at n j I T. Learn more
Speaker 1: at n j I T DOT E d U. And
Speaker 1: now here's this making news and science, technology, engineering, and math.
Speaker 1: The houses move forward. A key piece of President Biden's
Speaker 1: drug pricing agenda, lawmakers voted to limit what, in short,
Speaker 1: Americans pay for insulent thirty five dollars a month. Now
Speaker 1: it's up to the Senate, where by partisan group is
Speaker 1: coming up with its own insulin proposal. Shanghai has started
Speaker 1: part two of its phase lockdown, confining some sixteen million
Speaker 1: people living in the western half of the city to
Speaker 1: their homes after ending a four day lockdown to the east.
Speaker 1: Residents in the western part of the Chinese financial hub,
Speaker 1: where about two thirds of Shanghai's population lives where confined
Speaker 1: to their homes this morning, and scientists say they have
Speaker 1: finally assembled the full genetic blueprint for your human life,
Speaker 1: adding the missing pieces to a puzzle nearly completed two
Speaker 1: decades ago. In research published in the journal Science, and
Speaker 1: international team describe the first ever sequencing of a complete
Speaker 1: human genome. This set of instructions do build and sustain
Speaker 1: a human being. Scientists say this full picture of the
Speaker 1: genome will give humanity a greater understanding of our evolution
Speaker 1: and biology, while also opening the door to medical discoveries
Speaker 1: and areas like aging, neurodegenerative conditions, cancer and heart disease,
Speaker 1: and as a Bloomberg and J. A. T. Stem report, Nathan,
Speaker 1: groundbreaking stuff. All right, Karen, thank you for that. We
Speaker 1: are live from the Bloomberg Interactive Broker Studios where we're
Speaker 1: coming up to six fifty one on Wall Street time
Speaker 1: not to check what's going on in BC. Some of
Speaker 1: the top stories in our nation's capital include President Biden
Speaker 1: embracing oil as war crowds out his climate agenda, presidents
Speaker 1: saying Vladimir Putin may have some advisors under house arrest,
Speaker 1: and the January six Committee reporting valuable information obtained from
Speaker 1: testimony behind closed doors by Jared Kushner. Let's get more
Speaker 1: on all these stories now. Bloomberg Government reporter Emily Wilkins
Speaker 1: is back with us from our studios in Washington. So
Speaker 1: we got the announcement Emily yesterday that the president is
Speaker 1: doing this long, slow dip into the strategic reserve and
Speaker 1: now calling for even more drilling to deal with rising
Speaker 1: gas prices and supply shortages. I guess what a difference
Speaker 1: of war makes. I know, I mean, it's a war,
Speaker 1: and it's also the fact that we're Americans are experiencing
Speaker 1: these very high gas prices. And even though you know,
Speaker 1: it's not like Biden has complete control over gas prices,
Speaker 1: but it is something that he is going to be
Speaker 1: judged on, and it's something his party is going to
Speaker 1: be judged on this November. And so this h you
Speaker 1: heard experts really call this release. UM. Let's say that,
Speaker 1: you know, it's it's unprecedented that it's a huge amount.
Speaker 1: I mean compared to what was released last year. This
Speaker 1: is this is way beyond that, UM. And the hope
Speaker 1: is that this does something to bring gas prices down
Speaker 1: or at least shows the American people that Biden is
Speaker 1: trying to address gas prices right now, you know, Americans
Speaker 1: really do blame Biden. He's tried to peg this on Putin.
Speaker 1: He's called it the Putin price hike. They've tried to
Speaker 1: blame big oil. We're going to see a number of
Speaker 1: oil companies in front of Congress next week. At the
Speaker 1: end of the day, A majority of Americans have blamed
Speaker 1: Biden for higher gas prices, according to a recent Quintipiac poll.
Speaker 1: And those uh, those that blame is like very likely
Speaker 1: to come out this November unless Biden is able to
Speaker 1: shift course. Now, so obviously there are these short to
Speaker 1: even medium term political and economic considerations for the president.
Speaker 1: But what does this mean for his overall climate agenda.
Speaker 1: I mean, this is something that he had campaigned on
Speaker 1: to do a you know, major shift from fossil fuels
Speaker 1: to more renewable energy. Absolutely, and and this does go
Speaker 1: sort of back against what Biden initially said. And he
Speaker 1: has anchored some in the climate world who said that
Speaker 1: Biden should really be using this opportunity not to pivot
Speaker 1: back to gas and oil, but to really pivot to
Speaker 1: some of these newer technologies more renewable energy and use
Speaker 1: that to get Americans energy independence. I mean, look, Nathan,
Speaker 1: when you're on the campaign trail, it's hard to predict
Speaker 1: what's going to happen when you're actually in office, and
Speaker 1: this is something that certainly forced Biden's hand into changing course.
Speaker 1: I think something was something initially that the administration was resisting,
Speaker 1: but gas prices have been so high for so long,
Speaker 1: and I think the pressure was so great that we
Speaker 1: are finally seeing the administration shift towards really encouraging this
Speaker 1: more drilling, releasing more oil, and really just trying to
Speaker 1: get the price at the gas station to come down.
Speaker 1: And in the meantime, Emily, we're hearing even more candor
Speaker 1: from President Biden on just how much pressure he sees
Speaker 1: on Russian President Vladimir Putin as this war goes on. Yes,
Speaker 1: Biden said yesterday that they that there's some intelligence, and
Speaker 1: he kind of hedged it saying that, you know, they
Speaker 1: didn't have a ton of evidence yet, but that he
Speaker 1: could be isolating himself from his top advisors and that
Speaker 1: might have prevented Putin from really realizing how poorly this
Speaker 1: war is going for him. I mean, we've heard a
Speaker 1: lot of different things as far as what's happening with
Speaker 1: Russian morail, where the Russian people are at, where Russian
Speaker 1: soldiers are at. I think it's kind of you know,
Speaker 1: good to you know, make sure that you're verifying this
Speaker 1: information that we are getting the backup and the evidence
Speaker 1: that we need here. But certainly at this point it
Speaker 1: doesn't seem like there's any let up. We you know,
Speaker 1: initially heard earlier this week that there was the talks
Speaker 1: between Ukraine and Russia and that Russia was going to
Speaker 1: sort of ease up a bit off the Capitol. We
Speaker 1: have seen them ease back off Keith, but we've also
Speaker 1: seen them retarget their forces in the eastern region of
Speaker 1: dun Boss. So it seems like this attack is very
Speaker 1: much continuing to happen. Uh, And it's simply that Russia
Speaker 1: has changed tactics about where their troops are not necessarily
Speaker 1: backed off overall in any meaningful way. Yeah, So it
Speaker 1: is going to be interesting to see whether Russia really
Speaker 1: is on the back foot here or whether we are
Speaker 1: seeing sort of this regrouping on the Russian side. If
Speaker 1: it does turn out that Ukraine is getting an upper
Speaker 1: hand here, what does that mean for the push for
Speaker 1: even more aid coming from the US to Ukraine. I
Speaker 1: think we also have to consider that as far as
Speaker 1: aid goes to to Ukraine, even if the need for
Speaker 1: military aid is diminished, which I certainly don't think anyone's
Speaker 1: saying that at this point, there's a huge need for
Speaker 1: humanitarian aid for refugees, for these cities that have been
Speaker 1: absolutely destroyed. There's still a big sense that Ukraine is
Speaker 1: going to need assistant and we're keeping an eye on
Speaker 1: President Biden's UH discussion about potentially needing a half a
Speaker 1: half billion and more aid for their We haven't seen
Speaker 1: that request to come to Congress yet for additional funding,
Speaker 1: but Congress is certainly working on other pieces of legislation
Speaker 1: to further sanction Russia and to assist to Crane in
Speaker 1: our last minute here, Emily, the January six Committee got
Speaker 1: to talk to Jared Kushner behind closed stores yesterday. We've
Speaker 1: gotten any idea of what Kushner had to say. Well,
Speaker 1: the Committee doesn't like to, you know, go open into
Speaker 1: the public and detail of all these things. There's a
Speaker 1: reason that, uh, when they do these these discussions with
Speaker 1: with witnesses, that they are off the record and not
Speaker 1: open to press, but it sounds like he was helpful,
Speaker 1: that he was helpful in terms of verifying things that
Speaker 1: they've been told from others, of kind of making sense
Speaker 1: of some of the reporting involved around this. And he's
Speaker 1: also helpful simply because he's one of the highest ranking
Speaker 1: members in the Trump White House to have gone and
Speaker 1: spoken with the committee. The Committee's tried to speak to
Speaker 1: other individuals, Steve Bannon, Mark Meadows, but a lot of
Speaker 1: them have have resisted, gone to court, claimed executive privilege.
Speaker 1: So for them to actually be able to talk to
Speaker 1: someone like Jared Kushner who was at that very high
Speaker 1: level and the president's inner circle, Um, it's certainly something
Speaker 1: I think that's that's going to make a difference for
Speaker 1: this committee's investigation. Yeah, member of the family doesn't get
Speaker 1: much higher than that. Emily Wilkins of Bloomberg Government. As always,
Speaker 1: thanks for keeping us on top of what's happening in Washington.
Speaker 1: Read more about all these stories on Bloomberg dot com
Speaker 1: or on the Bloomberg terminal. Listen to Bloomberg Radio in
Speaker 1: the nation's capital Bloomberg and one oh five point seven
Speaker 1: fm h D two SFP futures up twenty points now down,
Speaker 1: futures up a hundred fifty eight. NAZDAC futures are higher
Speaker 1: by seventy two points, the tenure treasury down seventeen thirty
Speaker 1: seconds with a yield two point four zero percent yield
Speaker 1: on the two year two point three seven. And taking
Speaker 1: a look at oil, little change that's been fluctuating between
Speaker 1: gains and losses in the session, with nime X crude
Speaker 1: right now now down two tenths percent at a hundred
Speaker 1: dollars fifteen cents a barrel for Karen Moscow. I'm Nathan Hagar.
Speaker 1: This is Bloomberg