1 00:00:01,080 --> 00:00:05,320 Speaker 1: News when you wanted with Bloomberg News. Now I'm Ad Kleggi, 2 00:00:05,680 --> 00:00:07,640 Speaker 1: and Vidia, the chip maker at the heart of the 3 00:00:07,760 --> 00:00:11,360 Speaker 1: artificial intelligence boom, is joining the oldest of Wall Street's 4 00:00:11,360 --> 00:00:15,520 Speaker 1: three main equity benchmarks. The company will replace rival Intel 5 00:00:15,920 --> 00:00:17,919 Speaker 1: in the one hundred and twenty eight year old Dow 6 00:00:18,040 --> 00:00:21,200 Speaker 1: Jones Industrial Average. Prior to the start of trading on 7 00:00:21,239 --> 00:00:24,919 Speaker 1: November eighth, Sherwin Williams is also joining, replacing Dow. The 8 00:00:24,960 --> 00:00:27,320 Speaker 1: addition of Nvidia to the Blue Chip Index as a 9 00:00:27,360 --> 00:00:30,200 Speaker 1: testament to the power of the AI Trivin rally that 10 00:00:30,280 --> 00:00:32,839 Speaker 1: has pushed the chip maker up nine hundred percent in 11 00:00:32,880 --> 00:00:36,320 Speaker 1: the past twenty four months. The Dow Jones Industrial Average 12 00:00:36,400 --> 00:00:39,680 Speaker 1: was the only major US equity benchmark that didn't hold 13 00:00:39,680 --> 00:00:43,720 Speaker 1: in Vidia until now. A federal jury on Friday convicted 14 00:00:43,760 --> 00:00:46,960 Speaker 1: a former Kentucky police detective of using excessive force on 15 00:00:47,000 --> 00:00:50,320 Speaker 1: Breonna Taylor during a botched twenty twenty drug raid that 16 00:00:50,440 --> 00:00:53,159 Speaker 1: left her dead. The twelve member jury returned the late 17 00:00:53,280 --> 00:00:56,760 Speaker 1: night verdict after clearing Brett Hankinson earlier in the evening 18 00:00:57,040 --> 00:00:59,960 Speaker 1: on a charge that he used excessive force on Taylor's neighbors. 19 00:01:00,640 --> 00:01:02,600 Speaker 1: Some members of the jury were in tears as the 20 00:01:02,720 --> 00:01:05,880 Speaker 1: verdict was read around nine thirty pm Friday. Hankerson fired 21 00:01:05,920 --> 00:01:08,960 Speaker 1: ten shots into Taylor's glass door and windows during the raid, 22 00:01:09,000 --> 00:01:11,920 Speaker 1: but didn't hit anyone. Some shots flew into a nextdoor 23 00:01:11,920 --> 00:01:15,000 Speaker 1: neighbors adjoining apartment. The death of the twenty six year 24 00:01:15,040 --> 00:01:17,440 Speaker 1: old black women, along with the May twenty twenty police 25 00:01:17,520 --> 00:01:22,880 Speaker 1: killing of George Floyd in Minneapolis, sparked racial injustice protests nationwide. 26 00:01:23,440 --> 00:01:26,160 Speaker 1: The U. S. Supreme Court refused for now to intervene 27 00:01:26,200 --> 00:01:29,360 Speaker 1: in a high stakes clash over provisional ballots in Pennsylvania, 28 00:01:29,480 --> 00:01:32,440 Speaker 1: rejecting a Republican Party bid to stop thousands of votes 29 00:01:32,440 --> 00:01:35,720 Speaker 1: from being counted in the pivotal state. The rebuff leaves 30 00:01:35,800 --> 00:01:39,280 Speaker 1: enforce a Pennsylvania Supreme Court decision that said voters who 31 00:01:39,280 --> 00:01:42,640 Speaker 1: submit mail in ballots without the required secrecy envelope are 32 00:01:42,800 --> 00:01:45,759 Speaker 1: entitled to a second chance. Republicans that sought to block 33 00:01:45,840 --> 00:01:49,840 Speaker 1: the ruling. US hiring advanced at the slowest pace since 34 00:01:49,880 --> 00:01:53,200 Speaker 1: twenty twenty in October, when the unemployment rate remained low 35 00:01:53,360 --> 00:01:57,200 Speaker 1: a month distorted by severe hurricanes and a major strike 36 00:01:57,240 --> 00:02:00,760 Speaker 1: at Boeing. Non farm payrolls increased twelve thousand. Last month, 37 00:02:01,000 --> 00:02:03,640 Speaker 1: and hiring over the previous two months was weaker than 38 00:02:03,680 --> 00:02:07,520 Speaker 1: previously thought. Bloomberg's Michael McKee as the response rate to 39 00:02:07,560 --> 00:02:10,519 Speaker 1: this survey was the lowest since nineteen ninety one. 40 00:02:10,639 --> 00:02:13,560 Speaker 2: So a lot of companies unable to send in their numbers, 41 00:02:13,720 --> 00:02:17,839 Speaker 2: and they should show up next month. So expect big 42 00:02:17,880 --> 00:02:20,120 Speaker 2: revisions next month. I'm not going to predict which direction, 43 00:02:20,480 --> 00:02:22,320 Speaker 2: but expect big revisions next month. 44 00:02:22,400 --> 00:02:24,840 Speaker 1: The unemployment rate held at four point one percent. In 45 00:02:24,960 --> 00:02:28,880 Speaker 1: hourly earnings ticked up. According to Bureau of Labor Statistics figures, 46 00:02:29,560 --> 00:02:33,320 Speaker 1: US manufacturers are navigating a rocky road. Bloomberg's Vinnie del 47 00:02:33,400 --> 00:02:34,799 Speaker 1: Judaice reports. 48 00:02:34,520 --> 00:02:37,960 Speaker 2: The ISM fact index is downfalling to the lowest level 49 00:02:38,040 --> 00:02:42,520 Speaker 2: since July twenty twenty three. Output alan posted the largest 50 00:02:42,600 --> 00:02:45,240 Speaker 2: drop in more than three years in October. Over the 51 00:02:45,280 --> 00:02:49,840 Speaker 2: past two years, the ISM indexes signaled contraction every month 52 00:02:49,919 --> 00:02:53,160 Speaker 2: but one. Hurricanes and the Boeing strike affected the US 53 00:02:53,240 --> 00:02:56,360 Speaker 2: economy last month. Vinnie del judeicce Bloomberg. 54 00:02:56,040 --> 00:02:59,480 Speaker 1: Radio, Boeing and union leaders representing thirty three thousand striking 55 00:02:59,520 --> 00:03:02,040 Speaker 1: workers each day tenant of agreement to wend a length 56 00:03:02,080 --> 00:03:05,919 Speaker 1: a labor dispute. That's crippling the company's commercial airplane manufacturing. 57 00:03:06,280 --> 00:03:09,240 Speaker 1: The company's latest proposal would boost wages by thirty eight 58 00:03:09,280 --> 00:03:12,200 Speaker 1: percent over four years and give workers a twelve thousand 59 00:03:12,240 --> 00:03:16,080 Speaker 1: dollars signing bonus if it is approved. The International Association 60 00:03:16,120 --> 00:03:18,760 Speaker 1: of Machinists and Aerospace Workers said this in a statement 61 00:03:18,760 --> 00:03:22,760 Speaker 1: on Frontay. Acting US Labor Secretary Julie Sue tells Bloomberg 62 00:03:22,840 --> 00:03:24,880 Speaker 1: they now have an offer before them and it was 63 00:03:24,919 --> 00:03:28,000 Speaker 1: a privilege to help bring the parties together to help 64 00:03:28,040 --> 00:03:33,240 Speaker 1: move those talks along and Dell vote Dell vote. On Monday, 65 00:03:33,440 --> 00:03:37,760 Speaker 1: Acting Labor Secretary Julie Sue, IAM District seven fifty one 66 00:03:37,960 --> 00:03:40,720 Speaker 1: urged its members to accept the Boeing offer and end 67 00:03:40,880 --> 00:03:44,480 Speaker 1: the strike. High end photo editing is something Apple wants 68 00:03:44,520 --> 00:03:46,520 Speaker 1: to be a bigger part of. Apple has agreed to 69 00:03:46,520 --> 00:03:50,000 Speaker 1: buy software company pixel Meter, which already makes photo editing 70 00:03:50,040 --> 00:03:52,840 Speaker 1: apps for the iPhone, iPad, and Mac. Terms of the 71 00:03:52,840 --> 00:03:56,000 Speaker 1: deal were not disclosed. The company's main app, pixel Meter, 72 00:03:56,160 --> 00:03:59,920 Speaker 1: pro includes advanced editing tools such as layers and vector 73 00:04:00,200 --> 00:04:03,400 Speaker 1: reminiscent of programs such as Photoshop and illustrator. Stock and 74 00:04:03,440 --> 00:04:05,880 Speaker 1: Apples slipped more than a percent on Friday as the 75 00:04:05,920 --> 00:04:09,840 Speaker 1: company forecasts slower sales here in the holiday quarter than 76 00:04:09,840 --> 00:04:13,800 Speaker 1: the market was expecting. It's commonplace to say that sports 77 00:04:13,800 --> 00:04:17,040 Speaker 1: build character, but less common to ask coal, Yes, running 78 00:04:17,040 --> 00:04:19,440 Speaker 1: marathons can make you a better person. You can read 79 00:04:19,480 --> 00:04:22,640 Speaker 1: all about it in Bloomberg's weekend edition, exploring the places 80 00:04:22,640 --> 00:04:25,440 Speaker 1: where finance, life and culture meet. Find it now on 81 00:04:25,480 --> 00:04:29,080 Speaker 1: Bloomberg dot com in the Bloomberg Business app. That's news 82 00:04:29,120 --> 00:04:32,240 Speaker 1: when you want it with Bloomberg News Now. I Mad Kleggi, 83 00:04:32,400 --> 00:04:33,640 Speaker 1: and this is Bloomberg.