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Speaker 1: Global business news twenty four hours a day. If Bloomberg

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Speaker 1: dot Com, the radio plus Globo LA and on your radio.

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Speaker 1: This is a Bloomberg Business Flash from Bloomberg World Headquarters

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Speaker 1: on Katherine Cowdery. Stocks advance led by gains among drug companies.

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Speaker 1: Cautious sentiment eased amid speculation that the American economy can

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Speaker 1: whether the impact of the UK's decision to lead the

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Speaker 1: European Union. Equity shook off early weakness. Is Biotechnology shares

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Speaker 1: rallied to lift the healthcare group to its highest this year,

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Speaker 1: and retailers rose after day to show the fastest expansion

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Speaker 1: and services industries in seven months. Here's a day to

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Speaker 1: check down. Industrial average gains seventy eight points for tens

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Speaker 1: of a percent to close out the session at seventeen thousand,

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Speaker 1: nine hundred eighteen. Smp F I founded up eleven points,

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Speaker 1: a gain of half a percent to close at two

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Speaker 1: thousand ninety nine, and a ZAC added thirty six points

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Speaker 1: three quarters of a percent and closed at forty eight

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Speaker 1: fifty nine. Plus. Texas Centimedia crude oil up seventy nine

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Speaker 1: cents at barrel one point seven percent to forty seven

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Speaker 1: thirty nine. It's about rolled up seven dollars announced to

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Speaker 1: thirteen sixty seventy tenure treasury unchanged with the yield of

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Speaker 1: one point three seven And that's a Bloomberg Business flash.

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Speaker 1: This is taking stock with Kathleen Hayes and Gim Fox

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Speaker 1: on Bloomberg Radio. Hillary Clinton's email investigation maybe the end

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Speaker 1: of the investigation for the Clinton campaign, but according to

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Speaker 1: some of our reports, it may actually unify the Republican Party.

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Speaker 1: Here to tell us more, Megan Murphy are a Washington

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Speaker 1: bureau chief for Bloomberg News. Of course Washington home to

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Speaker 1: Bloomberg ninety nine one, and she joins us from our

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Speaker 1: studio in Washington. Megan, explain a little bit about what

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Speaker 1: you believe will happen with the information and the ongoing

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Speaker 1: UH conversation. I guess is no more investigation about the

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Speaker 1: Hillary Clinton's email and her email server. This is a

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Speaker 1: controversy that's going to continue to roll on and be

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Speaker 1: an incredible troubling element of her campaign, not the least

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Speaker 1: of which we now have FBI Director Comy who's going

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Speaker 1: to test testify tomorrow up on Capitol Hill after Paul

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Speaker 1: Ryan called for this. And it's really this extraordinary um

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Speaker 1: political and also factual situation, because what came out in

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Speaker 1: that extraordinary statement by Director Comy earlier this week was

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Speaker 1: basically a whole lot of new information about both the

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Speaker 1: kind of emails that Hilly Clinton was handling, how they

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Speaker 1: were treated, who knew about it when that essentially debunked

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Speaker 1: so many of the claims she's made in defense of

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Speaker 1: this practice for all the months that this has been

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Speaker 1: going on. So while, of course she's not going to

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Speaker 1: be criminally charged now, which was the biggest threat hanging

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Speaker 1: over the entirety of her campaign, the actual statement was

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Speaker 1: so damning in terms of the extent of what they

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Speaker 1: found this operation to actually have entailed. Well, as a

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Speaker 1: matter of fact, Megan, that's what struck me as I

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Speaker 1: listened to call these words yesterday saying we can't charge

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Speaker 1: her with anything because she didn't break the law, but

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Speaker 1: terrible judgment. He also said that the State Department, and

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Speaker 1: I guess that includes Tooy Clinton, she was ahead, No,

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Speaker 1: you couldn't say, oh, this is what it's like in Washington,

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Speaker 1: he said, oh no, other government agencies do not conduct there.

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Speaker 1: They're what security policies and the use of emails in

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Speaker 1: this same fashion again, it seemed very damning. Will will

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Speaker 1: her campaign say he was being political? It would be

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Speaker 1: really difficult for them to say that. He is known

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Speaker 1: as a man of extreme integrity, who's respected by very

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Speaker 1: senior figures on both sides of the aisle, and always

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Speaker 1: has been viewed as a really good person to handle

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Speaker 1: this because he is so nonpartisan. Now, what we've been

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Speaker 1: found fascinating and interesting was the reaction of figures like

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Speaker 1: Paul Ryan calling for these hearings because they were so

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Speaker 1: I think surprised by the extent of the damning revelations,

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Speaker 1: as you just said, and then there was no sanction,

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Speaker 1: no prospect of criminal charges. You look, you expect Donald Trump,

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Speaker 1: her who's going to oppose her, to say what he's

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Speaker 1: going to use and use this as a way to

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Speaker 1: really galvanize his campaign, which has struggled over the past month,

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Speaker 1: that you would expect. What will be truly fascinating to

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Speaker 1: watch is how much the rest of the Republican establishment,

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Speaker 1: who really singled him out for praise um does in

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Speaker 1: response to these findings where which we're so damning, but

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Speaker 1: yet stopped sharp, stopped short of an indictment. Megan, I

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Speaker 1: wonder if you could just spend a little time telling

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Speaker 1: us about Bernie Sanders and perhaps a meeting or get

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Speaker 1: together that he had with House Democrats who booed him

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Speaker 1: at one point, and tell us about the what his

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Speaker 1: role is right now, whether he's going to endorse Hillary Clinton. Yeah,

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Speaker 1: poor Bernie getting booed. Now, this was over a meeting

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Speaker 1: and just all of his colleagues really asking him, and

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Speaker 1: frankly at this point demanding that he withdraw from the race.

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Speaker 1: They find that this is becoming a very unsavory prospect, indeed,

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Speaker 1: where he's actually led his flock almost to the steps

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Speaker 1: of Philadelphia for the Democratic Convention later this month at

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Speaker 1: this point, and that they the longer he stays in

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Speaker 1: he's doing damage, and not only just to Hillary Clinton

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Speaker 1: as a nominee, but to the party. Now, Bernie Sanders

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Speaker 1: counter would be, look what I even achieved over the

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Speaker 1: past day, where we've just had Hillary Clinton come out

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Speaker 1: with a college affordability plan that actually has tremendous echoes

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Speaker 1: of what Bernie Sanders has proposed and also what the

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Speaker 1: President has proposed. And he believes he is still doing

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Speaker 1: a really strong job at shifting the agenda to the left,

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Speaker 1: shifting the agenda towards the progressive way, and we saw

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Speaker 1: in the platform. We saw it on minimum wage, which

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Speaker 1: came in at fifteen dollars a long time Bernie Sanders Uh,

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Speaker 1: keep a tenant of his platform. We saw it on

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Speaker 1: Wall Street and how firm the language was on Wall Street.

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Speaker 1: So he believes he still has that role to play

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Speaker 1: and really pulling the party to the left for the platform.

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Speaker 1: But the issue is what she wants to do is

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Speaker 1: keep that sort of movement that has solidified beyond find

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Speaker 1: him on board. But it is becoming a little bit

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Speaker 1: more difficult as it becomes. You know, the tension is

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Speaker 1: ratting up of when he's going to do it, how

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Speaker 1: he's going to do it, and now he's going to

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Speaker 1: keep that same sense of energy among his followers. Uh.

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Speaker 1: Top Republicans in the Senate and the House, Mitch McConnell,

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Speaker 1: Donald Trump is or is the mood, the the dynamic

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Speaker 1: and a shift a bit now, Uh in terms of

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Speaker 1: more of a raw prochemont. I'm not sure that we're

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Speaker 1: going to get there when we still have Trump out

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Speaker 1: there saying things like that Saddam Hussein was an effective

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Speaker 1: killer of terrorists. I mean, I think the Republican establishment

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Speaker 1: still really has issues with the fact that he cannot

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Speaker 1: seem to control the message and he cannot seem to

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Speaker 1: control frankly, things that come out of his mouth. So

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Speaker 1: there's still a waiting came in progress to see how

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Speaker 1: this convention, this extraordinary spectacle we're going to see in Cleveland,

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Speaker 1: which is going to have athletes, which is going to

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Speaker 1: have singers, which is gonna have banned, which is gonna

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Speaker 1: have political political speakers. Almost as an afterthought, it seems

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Speaker 1: um how that's going to play out and what speaking

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Speaker 1: most people are gonna get. We also have the veep steaks.

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Speaker 1: The vice presidential steaks are in full swing. Now, you know,

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Speaker 1: we've had Bob Corker and Joni Ernest basically withdraw from

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Speaker 1: consideration from Mr Trump's team today and we'll see what

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Speaker 1: shakes out there. Well, it's so fun to be Megan

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Speaker 1: Murphy right now covering politics, covering the race for the

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Speaker 1: White House from Washington, d C. For Bloomberg News, where

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Speaker 1: she is our Washington Bureau chief, and of course Washington

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Speaker 1: is home a Bloomberg. So that wraps it up for

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Speaker 1: taking Stock today, I'm Kathleen Hayes along with pim Fox

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Speaker 1: and this is Bloomberg coming up. Bloomberg Laws brought you

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Speaker 1: by Bank of America. Mary Lynch, committed to bringing higher

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Speaker 1: for climate change and Sustainability by the Banker. That's the

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Speaker 1: power of global connections. Bank of America and a f

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Speaker 1: D I C