Speaker 1: Live from the Bloomberg Interactive Burger Studios is Bloomberg Day Breakfast, Tuesday,
Speaker 1: March one. Coming up this hour Russia's steps up shelling
Speaker 1: of key cities in Ukraine. We are live with the latest.
Speaker 1: More companies abandon ties to Russia as Moscow becomes increasingly
Speaker 1: isolated and the war becomes a key focus for President.
Speaker 1: Finded in Tonight's State of the Union address, New York
Speaker 1: Mayor Adams says the NYPD has been too slow in
Speaker 1: designating hate crimes. Plus Hong Kong Scope nineteen talody rate
Speaker 1: is now one of the highest in the world. I'm
Speaker 1: like to blomber more ahead. I'm John Stashower and sports blowout.
Speaker 1: Loss for the Nets, easy win for the Devil's in
Speaker 1: a marathon bargaining session to try and end the baseball lockout.
Speaker 1: That's all straight ahead on Bloomberg Day Break on Bloomberg
Speaker 1: eleven three O New York, Bloomberg one, Washington, d C,
Speaker 1: Bloomberg one O six one, Boston, Bloomberg nine sixties, San Francisco,
Speaker 1: Sirius x M one nineteen and around the world Old
Speaker 1: on Bloomberg Radio dot Com and via The Bloomberg Business.
Speaker 1: Good Morning, I'm Nathan Hagar and I'm Karen Moscow, and
Speaker 1: global stocks are retreating again this morning. We're coming up
Speaker 1: to six one on Wall Street, and I checked the
Speaker 1: markets every fifteen minutes throughout the trading day on Bloomberg
Speaker 1: SMP futures down twenty five points down, futures down one
Speaker 1: seventy seven, and Nazdag futures down eight. The docks in
Speaker 1: Germany is down two point one percent. The ten year
Speaker 1: treasury up thirty seconds, yield one point seven four percent,
Speaker 1: and they yield on the two year at one point
Speaker 1: three one percent. Nathan, Karen, we'll have more in markets
Speaker 1: in a minute, but we begin in Ukraine. Russia has
Speaker 1: escalated shelling overnight in key cities as a large Russian
Speaker 1: convoy moves slowly toward the capital of Kiev. Amy Morris
Speaker 1: has the latest from our Bloomberg newsroom. In Washington, Senators
Speaker 1: held a closed door briefing on the Russian invasion of
Speaker 1: Ukraine last night, where Ukraine's ambassador sent our country needs
Speaker 1: more military weapons. Republican Senator Met Romney says the US
Speaker 1: hand provide some help. We continue to have the capacity
Speaker 1: to get armament and and nourishment two fighters in Ukraine.
Speaker 1: That's done not by US directly. Democratic Senator Chris Coon
Speaker 1: says they're bracing now for a humanitarian crisis. Suspect Russia
Speaker 1: will try and starve the population of Keith. We have
Speaker 1: to be prepared to provide significant humanitarian relief. New satellite
Speaker 1: images today show a forty mile long Russian military convoy
Speaker 1: just north of Kiev. In Washington, I'm Amy Morris, Bloomberg Daybreak.
Speaker 1: All right, Amy, thank you. As Russia steps up attacks
Speaker 1: on Ukraine, the fighting could turn even more brutal. That's
Speaker 1: a concern we're hearing from retired Lieutenant General Ben Hodges,
Speaker 1: former commander of US Army Europe. It was two days
Speaker 1: ago the whole world saw dismissal that slammed into an
Speaker 1: apartment building, and that sort of thing is going to
Speaker 1: increase um. I think he will do whatever it takes
Speaker 1: to number one to decapitate the government uh and number
Speaker 1: two to avoid the humiliation of his forces being defeated
Speaker 1: and not able to tape. Retired Army Lieutenant General Van
Speaker 1: Hodges spoke at our Washington correspondent Joe Matthew on Bloomberg
Speaker 1: Sound on Catch the program weekdays at five pm Eastern
Speaker 1: on Bloomberg Radio. We'll caring the list of country companies abandoning.
Speaker 1: Russia's growing quickly in the mass exodus is reversing three
Speaker 1: decades of investment by Western business. Bloomberg's Rinia Young Joints
Speaker 1: US Live with the details. Good morning Grinina, Good morning Nathan.
Speaker 1: Russia's largest foreign investor, VP lead the way with its
Speaker 1: surprising announcement on Sunday that it would exit it stake
Speaker 1: in state controlled Rosneft. That move could result in a
Speaker 1: twenty five billion dollar right off and cut its global
Speaker 1: oil and gas production by a third. Shell followed yesterday
Speaker 1: saying its ending partnerships with state controlled gas prom citing
Speaker 1: Russia's quote senseless act of military aggression. In Equanoor, which
Speaker 1: is Norway's biggest energy company and majority owned by the state,
Speaker 1: also announced it will start withdrawing from joint ventures in
Speaker 1: Russia worth about one point to billion dollars. Live in
Speaker 1: New York. I'm going need a Young Bloomberg daybreak. I
Speaker 1: need to thank you. A couple of well straight titans
Speaker 1: are speaking out about the Russian invasion. JP Morgan, CEO
Speaker 1: Jamie Diamond warrants that disconnecting Russian banks from the Swift
Speaker 1: messaging system papering unintended consequences. The same she says they
Speaker 1: cannot to busie a Swift thing. Says, I can't use
Speaker 1: a communication to do busy with you. I can still
Speaker 1: do busy with you. And there are a lot of
Speaker 1: working outs in the Swift so they're different tools were
Speaker 1: used for different reasons. JP Morgan CEO Jamie Diamond made
Speaker 1: the comments in an interview with the Bloomberg's at Hammond,
Speaker 1: saying market volatility remain high as long as the war
Speaker 1: in Ukraine continues. We also caught up Karen with Citadel
Speaker 1: founder Ken Griffin. The billionaire says, this is a very
Speaker 1: critical time in geopolitics. I think we're at a very
Speaker 1: very very volve conflection point that will come down to
Speaker 1: whether or not the Russians will be satisfied by simply
Speaker 1: extending their effective borders in the Ukraine. Will they take Kiev,
Speaker 1: Will they position themselves to reach beyond the borders of
Speaker 1: the Ukraine. The last is terrifying the markets. Citadel founder
Speaker 1: Ken griff And made those comments in an upcoming interview
Speaker 1: on Bloomberg Wealth with David Rubinstein the show They've used
Speaker 1: March twenty two at nine pm Eastern on Bloomberg Radio Television.
Speaker 1: I should say sorry, oh good. Market volatility Nathan remains
Speaker 1: high as world powers step into isolate commodity rich Russia.
Speaker 1: Let's get the latest on the action live with Bloomberg
Speaker 1: John Tucker, John sharing the risk of markets includes disruptions
Speaker 1: to supplies of raw materials, which threaten the stoke high
Speaker 1: inflation and hamper growth. We saw Bayer this morning warning
Speaker 1: that the Ukraine invasion poses a risk to its outlook
Speaker 1: on Those pressures may also impact monetary policy. Rhet McGonagall
Speaker 1: as chairman of Capital Link. At the end of the day,
Speaker 1: what I think is going to happen is this gives
Speaker 1: some sort of a pause to an overly hawkish fed
Speaker 1: Deutsche Bank strapped. Just say, stocks typically decline around six
Speaker 1: to eight percent after a geopolitical event before trey sing
Speaker 1: those losses in about three weeks. Aside from equities, oil
Speaker 1: pushing hires investors trying to figure out whether a possible
Speaker 1: release of strategic reserves will have much of an impact.
Speaker 1: Checking prices right now, Brent crew at a three percent
Speaker 1: at one oh one twenty seven of barrel Line to
Speaker 1: New York on John Tucker Bloomberg Daybreak. All right, John,
Speaker 1: thank you. The invasion of Ukraine will take the spotlight
Speaker 1: tonight and President Biden State of the Union address. Originally
Speaker 1: he planned to highlight the improving coronavirus outlook and rebrand
Speaker 1: his domestic policy priorities. The timing of tonight's speech creates
Speaker 1: a large opportunity for the president, according to Barbara Perry,
Speaker 1: director of Presidential Studies at the Miller Center of Public Affairs,
Speaker 1: if he sees as this moment, gives a good, solid speech,
Speaker 1: acknowledges people's pain, points out what he's done well, where
Speaker 1: his victories have been. And I think on the Ukrainian business,
Speaker 1: this could be his ish benign Berliner moment of John
Speaker 1: Kennedy is standing at the Berlin Wall in nineteen three.
Speaker 1: I don't know how to say it in Russian, but
Speaker 1: ish benign Ukrainian. Barbara Perry was a guest on Bloomberg's
Speaker 1: Balance of Power. Catch a special edition of the program
Speaker 1: tonight with live coverage of the State of the Union dress.
Speaker 1: It starts at eight thirty p m. Eastern on Bloomberg
Speaker 1: Radio and television SMP futures down down twenty five points
Speaker 1: down features down a hundred eighty six dance deck features
Speaker 1: are lower by eighty eight points. Straight ahead, local headlines
Speaker 1: and the check of sports. This is Bloomberg. It sounds
Speaker 1: six oh seven on Wall Street where thirty three degrees
Speaker 1: in Central Park got an accident in Newark's northbound Root
Speaker 1: twenty one at Mill Street. Details coming up in traffic
Speaker 1: First Michael Barr with more on what's going on in
Speaker 1: New York and around the world. Good morning, Michael, Good
Speaker 1: morning Nathan. New York City Mayor Eric Adams said that
Speaker 1: he hoped replacing the n y p d s Hate
Speaker 1: Crime Unit head will add a sense of urgency to
Speaker 1: the issue. I thought we were too slow and designating
Speaker 1: um investigating something as a particular hate crime. Mayor Adam
Speaker 1: says he wanted a new face and a new vision
Speaker 1: investigating hate crimes. Earlier this month, the NYPD reassigned Inspector
Speaker 1: Jessica Corey, head of the Hate Crime Task WARS. The
Speaker 1: decision followed a number of high profile incidents targeting members
Speaker 1: of the Asian Americans and Pacific Islanders communities, as well
Speaker 1: as an overall increase and hate crimes across the city. Meanwhile,
Speaker 1: Mayor Adams also talked about the city hoping to lift
Speaker 1: more COVID mandates and businesses and schools. We are trending
Speaker 1: in the right direction. And every morning when I wake
Speaker 1: up and speak with my doctors, as I stated from
Speaker 1: the beginning, we want to follow the science, and they've
Speaker 1: they have followed the science. We want to get to
Speaker 1: where at the right level we want to be. We
Speaker 1: just don't want to move too quickly. Now their children
Speaker 1: are coming back here. Adams talked with Bloomberg's Joe Matthew
Speaker 1: on balance of power. Hong Kong's COVID nineteen fatality rate
Speaker 1: is now one of the highest in the world. There
Speaker 1: has been a wave of deaths among its under vaccinated
Speaker 1: elderly population. The Senate last night took up the issue
Speaker 1: of a woman's right to an abortion. The vote to
Speaker 1: open debate on the Women's Health Protection Act failed. Republicans
Speaker 1: widely opposed the bill, and pill busted it, stopping the
Speaker 1: management from proceeding in the legislative process. Still, Democrats went
Speaker 1: ahead with a vote to put Republicans on record opposing
Speaker 1: to measure. Send a majority leader Chuck Schumer of New
Speaker 1: York says he supports the bill. We must fight to
Speaker 1: stop these insidious efforts to curtail a woman's right to
Speaker 1: access safe, legal abortion, and we must assert the federal
Speaker 1: government's role to protect this constitutional right. The bill is
Speaker 1: meant to federally safeguard abortion rights, which faces an uncertain
Speaker 1: future in the U. S. Supreme Court. People are out
Speaker 1: the party as New Orleans first full dress Marty Grass
Speaker 1: back Today, back to back parades are taking place. Masks
Speaker 1: against COVID nineteen I required only in indoor public spaces.
Speaker 1: The parades were canceled last year. Global News twenty four
Speaker 1: hours a day on here and on Bloomberg Quick Take,
Speaker 1: powered by more than journalists and analysts more than twenty countries.
Speaker 1: Michael bar this is Bloomberg nak already, Marty Gros, thank you. Michael.
Speaker 1: Down up to six ten on Wall Street time for
Speaker 1: the Bloomberg Sports update, whichown snshar. Thanks they offend. Still
Speaker 1: no labor deal. They in the baseball lockout, but at
Speaker 1: least they are trying. The two sides met until two am.
Speaker 1: Will be back at eleven this morning. They pushed back
Speaker 1: to deadline and was to be last night. If no deal,
Speaker 1: an opening day would be postponed. That deadline is now
Speaker 1: five o'clock today. Earlier, the big baseball story was Derek
Speaker 1: Jener's surprise resignation as CEO of the Miami Marlins and
Speaker 1: the parent disagreement with his boss over the direction of
Speaker 1: the franchise. Theater had a four percent ownership stake, which
Speaker 1: you will now sell off. Long Night for the Knats
Speaker 1: in Brooklyn, Toronto, scored forty two points in the first
Speaker 1: quarter and the route was on. The Raptors won one
Speaker 1: thirty three to nineties seven. Rookie Scottie Barnes scored points.
Speaker 1: He made his first eleven shots. Nets still without the
Speaker 1: injured Kevin Durant, he is expected back soon. They were
Speaker 1: without tire Your Revenue hasn't played a home game all season,
Speaker 1: and Nets coach Steve Nash, who was at the arena
Speaker 1: and did his pregame presser, then had to leave for
Speaker 1: health and stay at protocol. The Nets have now lost
Speaker 1: fourteen of seventeen. Irving did leave them to a victory
Speaker 1: last weekend in Milwaukee, and then he spoke about being
Speaker 1: perhaps being allowed to play home games despite being unvaccinated.
Speaker 1: You know, just remain impatient and just seeing where things
Speaker 1: end up in it's next week or so were the
Speaker 1: next two weeks. I'm not too sure, but I know
Speaker 1: as much as you do. And uh, I just I
Speaker 1: want to say this is that I'm very appreciative to
Speaker 1: all thottles that are question behind the scenes to make
Speaker 1: our world a better player. City is going to start
Speaker 1: allowing unvaccinated fans into the arena, but that may not
Speaker 1: mean Irving will then be allowed to play Devil's a
Speaker 1: seven or two out of Vancouver Fordham Meat. You match
Speaker 1: John stash Award Bloomberg's fool Stapen. John thanks SMP. Futures
Speaker 1: down down twenty seven points down, futures down two dance
Speaker 1: at futures lower by nine points. The tenure treasury now
Speaker 1: up twenty seven thirty seconds, or a yield one point
Speaker 1: seven three percent yield on the two year one point
Speaker 1: to nine percent. Stay this you're listening to Bloomberg Day Brown.
Speaker 1: Bloomberg Day Break is brought to you by Audie. Don't
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Speaker 1: news twenty four hours a day at Bloomberg dot Com,
Speaker 1: the Bloomberg Business Out and at Bloomberg Quicktape. He's a
Speaker 1: Bloomberg Business Flash. But I'm Karen Moscow and futures this
Speaker 1: morning are falling. There's a fresh wave of volatility that's
Speaker 1: hitting global markets as the conflict in Ukraine intensifies them
Speaker 1: in mounting penalties against Russia. Stocks in Europe are falling
Speaker 1: as well, bonds gaining, oil pushing higher. Check the markets
Speaker 1: every fifteen minutes throughout the trading day on Bloomberg. Right now,
Speaker 1: it's in P futures down twenty eight points down, futures
Speaker 1: down one ninety and nasday futures down one hundred and
Speaker 1: the ten year treasury of twenty three thirty seconds, the
Speaker 1: a one point seven four percent, the yield on the
Speaker 1: two year one point three one percent. Nine mex Screwed
Speaker 1: oil is up three point two percent of three dollars
Speaker 1: eight cents at ninety eight dollars eighty cents a barrel
Speaker 1: comes called up one point three percent of twenty four
Speaker 1: dollars fifty cents at nineteen twenty five announced. The euro
Speaker 1: one point one one seven seven against the dollar, British
Speaker 1: pound one point three four two one, the ens at
Speaker 1: one fourteen point eight one, and bitcoins higher up more
Speaker 1: than four and a half percent at forty three thousand,
Speaker 1: five hundred fifty dollars. Chevron doubling at share by back
Speaker 1: to as much as ten billion dollars a year. Pledging
Speaker 1: at shareholders will see the benefits of high oil prices
Speaker 1: by locking and spending at historically low levels and reducing costs.
Speaker 1: As a Bloomberg business flash, now here's Michael bar with
Speaker 1: more on what's going on around the world. Michael Karen,
Speaker 1: thank you very much. A forty mile convoy of Russian
Speaker 1: tanks another vehicles just threatening Ukraine's capital, Keith as an
Speaker 1: intense shelling attacks are got to the country's second largest city. Meanwhile,
Speaker 1: both sides looked to resume talks in the coming days
Speaker 1: aimed at stopping the fighting. Major League Baseball has extended
Speaker 1: its deadline for reaching a labor deal to today at
Speaker 1: five pm, for salvaging opening day as scheduled in March,
Speaker 1: thirty feet locked out players and team owners engaged in
Speaker 1: a series of intense negotiations that began yesterday and stretched
Speaker 1: into early this morning in the NBA, the Nets lost
Speaker 1: in the NHL, the Devil's and Bruins won, the Capitol's lost.
Speaker 1: Global news twenty four hours a day on air and
Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven undred
Speaker 1: journalists and analysts more than a hundred twenty countries. I'm
Speaker 1: Michael Barren. This is Bloomberg, Nathan. Thanks Michael. At six
Speaker 1: nineteen on Wall Street Life from the Bloomberg Interactive Brokers Studios.
Speaker 1: This is Bloomberg Daybreak and Bloomberg's Maria Today. Oh is
Speaker 1: with us now from Warsaw, Poland, as we continue following
Speaker 1: fast moving developments in the war in Ukraine, including Maria.
Speaker 1: This redheadline that just crossed the Bloomberg terminal minutes ago.
Speaker 1: The European Union now seeking to block seven Russian banks
Speaker 1: from the Swift messaging system, including VTB. This would come
Speaker 1: on top, of course, of the sanctions on several other
Speaker 1: Russian banks, including spur Bank, the second largest bank in Russia.
Speaker 1: What are the implications of this ratcheting up of potential
Speaker 1: sanctions against Russia's financial sector. Well, I think before we
Speaker 1: get to the implications, we have to look at what
Speaker 1: happened yesterday night. The nature of this war in Ukraine
Speaker 1: completely changed. This was an escalation on all fronts. We've
Speaker 1: seen Russia essentially taken aim at residential buildings. There's nothing
Speaker 1: to do with military points or military targets. We've seen
Speaker 1: Russia this morning staying the operation, meaning the invasion and
Speaker 1: the war is going to continue until we achieve our
Speaker 1: targets and our goals. We know what that means, get
Speaker 1: rid of the government in Ukraine, the weaponize the country
Speaker 1: and of course bring it closer to the Russian sphere
Speaker 1: of influence. And yesterday it was a brutal night of fighting.
Speaker 1: It is for the Ukrainian military, which is holding up
Speaker 1: has been sick states and what you send on what
Speaker 1: you feel is that there's almost this desperation, running out
Speaker 1: of time, running out of patients from the Kremlin that
Speaker 1: they expected this is going to be an easy forty
Speaker 1: eight hour award without turning into a week long conflict.
Speaker 1: The Ukrainians still want to continue to fight. I mean,
Speaker 1: we should make it very clear to people there is
Speaker 1: a well enormous will in the country to resist and
Speaker 1: that is being manifested and the brutality of the attacks
Speaker 1: that we expect, unfortunately that in the next forty eight
Speaker 1: hours Russia is gonna hit major targets with everything they have.
Speaker 1: And we've heard from the Ukrainian presidents as well. Voladmire Zelinski,
Speaker 1: he's been addressing the European Parliament. Uh, get us up
Speaker 1: to speed on what he's been saying and the resolve
Speaker 1: that we've been seeing from the Ukrainian government and from
Speaker 1: forces on the ground. Well, if you see Samansky, this
Speaker 1: is a man who in the past six hours has
Speaker 1: been the center of every war effort in Ukraine to
Speaker 1: try to contain the situation. For many of my Ukrainian
Speaker 1: friends that I seek to they say they go on
Speaker 1: his WhatsApp, on his telegram channel, they look at his messages,
Speaker 1: and he really drops up Moran and the country. This
Speaker 1: is someone that could have fled. I mean, this guy
Speaker 1: is rich. He could have left the country in day two,
Speaker 1: and he's decided I want to stay here till the end.
Speaker 1: So of course he's now become almost as this icon
Speaker 1: for the country. But even in Europe, you know the
Speaker 1: fact that he's post and videos every six hours to
Speaker 1: show I haven't fled, I'm not leaving, I'm staying with
Speaker 1: you and we're going to resist. For the Europeans, it
Speaker 1: was also a wake up call that the country has
Speaker 1: made a very conscious decision to fight, to defend itself,
Speaker 1: to resist, and the Europeans belief once that decision is
Speaker 1: made and we see the Ukraine can put up a
Speaker 1: fight and this is not going to be a short world,
Speaker 1: we have to help them in every capacity. And that
Speaker 1: is where the debate is heading next. What type of sanctions?
Speaker 1: What else can the European Union do? What else can
Speaker 1: the United States do? And I guess there's gonna be
Speaker 1: a real conversation about the energy sector Andrussia. Is that
Speaker 1: going to be the next street? Yeah? I wanted to
Speaker 1: get to that as well, the possibility that we could
Speaker 1: see UH sanctions targeting the Russian energy sector. As I mentioned,
Speaker 1: we've got even more ramped up sanctions on the financial sector.
Speaker 1: How much further could this go and what could the
Speaker 1: reaction be on the street in Russia. Look the reaction
Speaker 1: on the street in Russia. I have to tell you,
Speaker 1: I'm in Poland, I'm in war, So we get a
Speaker 1: very different picture here of what happens in Russia. We
Speaker 1: need to know that the Russia there is big repression
Speaker 1: of people. You just don't go out on the streets
Speaker 1: to say down, Vladimir Putting, stop the war in Ukraine.
Speaker 1: I mean when you do that, you're also taking a
Speaker 1: risk in Russia with the people of Russia. CMTV is
Speaker 1: now what you and I are seeing and where we're
Speaker 1: not reporting. The Russia government of Vladimir Putting Stilts were
Speaker 1: not the bad guys. The West is an empire place,
Speaker 1: remember that's what he said yesterday. For the Russias is
Speaker 1: a very different perspective. But we have seen, especially from
Speaker 1: the younger generation, is that they do not want to
Speaker 1: see this war happening. You know, this is Ukrainia Russia
Speaker 1: two countries that have very deep connections, very deep cultural lengths.
Speaker 1: There's people who of course travel within the border used
Speaker 1: to before the war escalated. But again the point is
Speaker 1: the Russian leadership is still focused on this war and
Speaker 1: let's stay that. Clearly, we want to hit her targets
Speaker 1: and we want to complete this mission. So again the
Speaker 1: problem is Lamor Pudding is still very much in command.
Speaker 1: The military around him has not deserted him. The audio guard,
Speaker 1: so I know, we'll talk about the rich people of
Speaker 1: Russia and will kind of pressure they can put on
Speaker 1: Lamer Britain. But the one thing we need to make
Speaker 1: clear is that rich people Russia are rich because ladymer
Speaker 1: Putting allows them to be rich, so their influence very limited.
Speaker 1: Buried today or Bloomberg News correspondent with us from Warsaw,
Speaker 1: Poland this morning. Maria. Thank you for staying on top
Speaker 1: of what's happening and giving us the perspective. They're on
Speaker 1: the eastern front of the Natal Alliance right now. SMP
Speaker 1: futures are down twenty four point, STAW futures down a
Speaker 1: hundred sixty four, NASTAC features down eighty nine points. To
Speaker 1: tain your treasury up is now the yield one point
Speaker 1: seven five. This is Bloomberg Bloomberg eleven three oh weather.
Speaker 1: Clouds in mid forties today, clearing in high your fifty tomorrow,
Speaker 1: highs your forty by Thursday, under a mostly sunny sky.
Speaker 1: Right now thirty three mostly cloudy in Central Park. Broadcasting
Speaker 1: live from the Bloomberg Interactive Broker Studio in New York.
Speaker 1: Bloomberg e Living Freedom to Washington, d C. Bloomberg ninety
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Speaker 1: Bloomberg Business apt and Bloomberg Radio dot com. This is
Speaker 1: Bloomberg Daybreak, six thirty on Wall Street. Good morning, I'm
Speaker 1: Nathan Hagar and I'm Karen Moscow. We're just about three
Speaker 1: hours away from the open of US trading. Time for
Speaker 1: the five Things you need to know to start your day.
Speaker 1: Brought to you by Interactive Brokers. Interactor Brokers charged his
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Speaker 1: We begin with news that Moscow is stepping up shelling
Speaker 1: in Ukraine. It's also moving more troops into the country.
Speaker 1: Satellite images show a forty mile long military convoy just
Speaker 1: north of Kiev. At the same time, the Pentagon is
Speaker 1: mulling a plan to deal with Russia if it eventually
Speaker 1: decides to de escalate. Bloomberg's said Baxter, has the story
Speaker 1: a plan being called a deconfliction mechanism, and spokesman John
Speaker 1: Kirby says this could happen as Vladimir Putin has met
Speaker 1: more resistance than he expected. You got to hand it
Speaker 1: to the Ukrainians who have been fighting very hard for
Speaker 1: their country and making an impact and making a dent.
Speaker 1: Having said that, Kirby says, Putin still has more troops available.
Speaker 1: He hasn't moved all of it into Ukraine, but he's
Speaker 1: moved the majority of it. He still has a lot
Speaker 1: In San Francisco, I'm at Baxter Bloomberg Daybreak. All right,
Speaker 1: and thanks. As the conflict deepens, the list of companies
Speaker 1: abandoning Moscow is growing. Bloomberg's Rnita Young joins this line
Speaker 1: with the details. Rnita Nathan. Russia's largest foreign investor, BP
Speaker 1: led the way with its surprising announcement on Sunday that
Speaker 1: it would exit its state and state controlled Rosneft. Shell
Speaker 1: followed yesterday saying it's ending partnerships with state controlled gas Prom. Equanor,
Speaker 1: which is Norway's biggest energy company, also announced it will
Speaker 1: start withdrawing from its joint ventures in Russia worth about
Speaker 1: one point to billion dollars. Live in New York. I'm
Speaker 1: rened a Young Bloomberg Daybreak. Thanks for Nit to the
Speaker 1: markets having whip sawed by the war, along with steps
Speaker 1: to isolate commodity rich Russia. We get the latest on
Speaker 1: that live with the Bloomberg's John Tucker, John Karen. The
Speaker 1: efforts to isolate Runch's economy continue. Just minutes ago came
Speaker 1: word of the European Union is now seeking to block
Speaker 1: seven Russian banks from Swift, including VTB, the state owned bank.
Speaker 1: And the impact of markets extends to monetary policy. Traders
Speaker 1: this morning have erased their bats on a half a
Speaker 1: point FED rate hike in March, further dimming the prospects
Speaker 1: for aggressive FED rate hikes that could and also be
Speaker 1: a positive for US equities that have been experiencing this
Speaker 1: battle of extreme volatility. Live in New York. I'm John Tucker,
Speaker 1: Bloomberg Daybreak. You know we're seeing that volatility and energy prices, John,
Speaker 1: Oil is pushing higher despite whispers of a possible release
Speaker 1: of strategic reserves by the U S and its allies.
Speaker 1: Checking prices now, Brents up four percent at a hundred
Speaker 1: one dollar eighty eight cents of barrel, Nimex screwed up
Speaker 1: three point at ninety eight six, and the Russian invasion
Speaker 1: will be a main topic tonight at President Biden staid
Speaker 1: a union addressed to an in for live coverage of
Speaker 1: the speech beginning at eight thirty Eastern on Bloomberg Radio
Speaker 1: and Television. And that's the five things you need to
Speaker 1: know to start your day, brought to you by Interactive Brokers.
Speaker 1: And that brings us to six thirty three on Wall Street,
Speaker 1: thirty three degrees in Central Park. Still dealing with an
Speaker 1: accident in New York North found Root twenty one in
Speaker 1: Mill Street. Michael barrs here with 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 said the city's police
Speaker 1: department has been too slow and designating and investigating incidents
Speaker 1: as a hate crime. During his news briefing, Adam says
Speaker 1: that he hopes replace the nmpd S Hate Crime Unit
Speaker 1: head will add a sense of urgency to the issue.
Speaker 1: I'm not going to govern the city based on sets.
Speaker 1: Were going to be clear. If there's a crime, we're
Speaker 1: going to we put that crime. Mayor Adams also says
Speaker 1: that he can't make a vaccine exception for the Brooklyn
Speaker 1: Nets basketball star Kyrie Irving, who is prevented from playing
Speaker 1: in home games at the Barclays Center because he's not vaccinated.
Speaker 1: Adams spoke to Bloomberg's Joe Matthew on balance of power there. Adams,
Speaker 1: will you revoke the private employer mandate so Kyrie Irving
Speaker 1: can play at the Barclays Center. That's the question we
Speaker 1: hear all all the time. Listen, the mandate's got us here.
Speaker 1: We can instantly get Kyrie to play. Just get that
Speaker 1: out there all. Mayor Adams also says he plans to
Speaker 1: announce lifting the city's public sector vaccine mandates next week.
Speaker 1: Hong Kong residents empty store shelves and a scramble to
Speaker 1: prepare for reported lockdown of the city later this month.
Speaker 1: Amid a snowballing covidelt break, Hong Kong's COVID nineteen EIGHTE
Speaker 1: tality rate is now the highest in the developed world.
Speaker 1: The city reported one hundred seventeen new COVID deaths today.
Speaker 1: Hong Kong's oldest are the least vaccinated and most vulnerable.
Speaker 1: California authorities say a man shot and killed his three daughters,
Speaker 1: their chaperone, and himself during a supervised visit with girls
Speaker 1: had a church in Sacramento Sacramento County Sheriff spokesman Sergeant
Speaker 1: Rod Grassman says the shooter was estranged from the children's mother.
Speaker 1: This is um, as far as I can see at
Speaker 1: this point, a domestic violence related sort of incident. Sergeant
Speaker 1: Grassman says. The victims included the three girls, ages nine, ten,
Speaker 1: and thirteen. Former New York Governor Andrew Cuomo formerly launched
Speaker 1: a digital and TV advertising campaign aimed at rehabilitating his image.
Speaker 1: It comes six months after he resigned over a damning
Speaker 1: report by the state Attorney General accusing him of multiple
Speaker 1: sexual harassment allegations. The first of the ads, the thirty
Speaker 1: second spot, entitled Politics Versus the Law, features a montage
Speaker 1: of news clips and headlines that seeks to suggest the
Speaker 1: a g's independent investigation into Culomo was politicized. Global news
Speaker 1: twenty four hours a day on air and on Bloomberg
Speaker 1: Quick Take, powered by more than journalists and analysts, are
Speaker 1: more than a hundred twenty countries. Michael Barr, this is Bloomberg, Nathan,
Speaker 1: Thanks Michael, going up to six thirty six on Wall Street.
Speaker 1: John Stans Sherri's got the Bloomberg Sports Update thanks dating
Speaker 1: baseball's opening day scheduled from March thirty one. Will it happened,
Speaker 1: We still don't know. MLB had said a deadline for
Speaker 1: last night if no labor deal and the lockout in
Speaker 1: the season would be shortened. They have now extended that
Speaker 1: deadline to five o'clock today. The two sides were at
Speaker 1: the bargaining table until two am, and we'll return at
Speaker 1: eleven this morning. Commission to Rob Manford emerged around six
Speaker 1: last night said we are working at it. MLB put
Speaker 1: out a statement that read we want to exhaust every
Speaker 1: possibility to get a deal done. Meanwhile, Derek Jeanter is
Speaker 1: no longer running the Miami Arlans. He resigned after four
Speaker 1: years as CEO. He will now divest his four percent ownership.
Speaker 1: Jeter clearly differed with principal owner Bruce Sherman on the
Speaker 1: direction of the team. The Yankees have named Hensley Mullin's
Speaker 1: assistant hitting coach. Former Yankee player, Mullins was actually a
Speaker 1: finalist to be Yankee manager when they hired Aaron broom
Speaker 1: nets Off. The upset win in Milwaukee began at home
Speaker 1: at home with the Raptors, and it was all Toronto
Speaker 1: in Brooklyn, one thirty three to nineties seven eight two
Speaker 1: teams again tonight in Toronto, fifty two points for John Morant,
Speaker 1: and it went from Memphis Devil's with seven different goal
Speaker 1: scorers in a seven to two rout of Vancouver Fordham
Speaker 1: beat Ums eight five seventy three Tuba O Ham's twenty
Speaker 1: three points, eleven rebounds with the Rams. Broth Carolina beat
Speaker 1: Syracuse in overtime. N y C f C, the defending
Speaker 1: MLS Champions signed a new player in New York City
Speaker 1: native named Maximo Carrizo. He signed what they call a
Speaker 1: homegrown contract on his fourteenth birthday. He's been playing for
Speaker 1: the team's youth academies, which he was number John Stasheward
Speaker 1: Bluebird Sports name him Okay John. Thanks six thirty seven
Speaker 1: on Wall Street. Time to take a look at stocks,
Speaker 1: some of the names moving in the pre market. Launch
Speaker 1: to get you this morning with Gradio on TV. Markets
Speaker 1: correspondent created Goopeda, including some breaking earnings news from Target createy. Yeah, Nathan,
Speaker 1: let's start off with that target number t gt S
Speaker 1: your taker soaring as much as ten percent in the
Speaker 1: pre market. This is huge, some huge earnings coming out
Speaker 1: their profit rising their annual revenue crossing one hundred billion dollars.
Speaker 1: A year ago, Nathan, that number was seventy seven billions,
Speaker 1: So you can really see not only to the holiday
Speaker 1: timeline of the holiday season, really do them well. They've
Speaker 1: really improved on terms of their sales, of those fourth
Speaker 1: quarter sales fulfilled by stores. So once again you are
Speaker 1: seeing although some of that digital traffic increasing I believe
Speaker 1: about nine point five percent, you are still seeing a
Speaker 1: store traffic, which is important as well. So once again
Speaker 1: Target shares up Noell now ten point six percent t
Speaker 1: g T in the pre market. It's not the only
Speaker 1: stocks that are up though, because you are seeing, of course,
Speaker 1: some of those traditional names that come without you have
Speaker 1: political scaring, the ones that we've been talking about for
Speaker 1: days on and Nathan, the law of those oil names
Speaker 1: that specifically have operations in the United States, Occidental is
Speaker 1: at the top of the list. O x Y is
Speaker 1: your ticker up two point one percent, the same story
Speaker 1: for Marathon Oil m R o S your ticker there.
Speaker 1: Chevron as well, cv X up one point six percent.
Speaker 1: They also decided to raise their share buy backs by
Speaker 1: five to ten billion dollars per years. That's also adding
Speaker 1: to that additional boost that you are seeing there. Um,
Speaker 1: you are also seeing some of those defense names. R
Speaker 1: t X, for example, is Raytheon's ticker. Those shares are
Speaker 1: up one percent. We know we saw a huge move
Speaker 1: for Lockeed Martin and L three Hairs Technologies yesterday. So
Speaker 1: once again Geo political US really folding into these markets.
Speaker 1: And we'll give you a quick update. In just the
Speaker 1: last thirty seconds that I've spoken. Target shares now up
Speaker 1: thirteen percent in the previe. It's gonna be one to
Speaker 1: watch for sure. But we've been talking about course, about
Speaker 1: all the businesses that are starting to cut off ties
Speaker 1: with Russian business. How's that affecting their stocks? Yeah, when
Speaker 1: you look at some of the flight paths here, oh,
Speaker 1: United is actually the only American domestic airline that can
Speaker 1: is continuing to fly over Russia right now. We know
Speaker 1: those are limited and United shares you a l's your
Speaker 1: taker down at three tenths of a percent. That's going
Speaker 1: to be worth keeping in mind. You aren't necessarily seen
Speaker 1: that same reaction and some of those other airline stocks,
Speaker 1: but certainly United taking a little bit of an extra hit.
Speaker 1: I'm gonna add Coca Cola into the mix as well,
Speaker 1: KOs your taker down zero point four percent. They have
Speaker 1: some pretty big exposure to the area as well. All right.
Speaker 1: Bloomberg Radio and TV Markets correspondent Crety Gupta with us
Speaker 1: this morning on what is going to be another very
Speaker 1: busy day on a stock by stock basis for sure,
Speaker 1: and as we take a look at stocks as a
Speaker 1: whole ahead of the Tuesday morning open. Futures are moving lower.
Speaker 1: We have SMP futures down down twenty four points, Stown
Speaker 1: futures down a hundred seventy one. NAT stack futures are
Speaker 1: lower by eighty two points now. The tenure treasury is
Speaker 1: up twenty four thirty seconds. The yield one point seven
Speaker 1: four percent yield on the two year one point three
Speaker 1: one percent. Nim X screwed right now at four point
Speaker 1: two percent of three dollars ninety seven cents at ninety
Speaker 1: nine sixty seven cents of Earl and comic Scold is
Speaker 1: hired by one and a quarter percent of twenty three
Speaker 1: dollars forty cents at announced. Straight ahead a preview of
Speaker 1: President Biden's State of the Union address with Ukraine Overshadowing
Speaker 1: will check in with Bloomberg Government reporter Emily Wilkins from Washington.
Speaker 1: This is Bloomberg Bloomberg eleven three oh weather increasing clouds
Speaker 1: mid forties today, a high in your fifty under clearing skies.
Speaker 1: Tomorrow will be mostly sunny by Thursday, but chillier with
Speaker 1: a high only near forty right now thirty three in
Speaker 1: Central Park Markets. Headlines and breaking news twenty four hours
Speaker 1: a day at Bloomberg dot com, the Bloomberg Business at
Speaker 1: and at Bloomberg Quick takes a Bloomberg Business lash and
Speaker 1: I'm Farren. Moscow futures are falling and Target shares are
Speaker 1: jumping after it reported her names. We get to the
Speaker 1: first word break game news, dask for today's morning call.
Speaker 1: Here's Bell Malone, a bill, good morning, and good morning, Karen.
Speaker 1: That's right. US features are under pressure, with DOWN futures
Speaker 1: down two thirty points, as if you dropped thirty two well.
Speaker 1: Nasdak futures are off by a hundred and fourteen. The
Speaker 1: US ten year old plunges to one point seven four percent,
Speaker 1: Gold is up twelve, oil is surging, and bigcoin is
Speaker 1: up by four point seven percent. Japan rose one point
Speaker 1: two percent overnight, while up markets are also under pressure,
Speaker 1: led by two percent two point eight percent losses in
Speaker 1: France and back in the US. On the economic front,
Speaker 1: A Manufacturing p M I and at ten o'clock I
Speaker 1: s M Manufacturing. After the Bellas night, Lucid cut its
Speaker 1: output goal HP eight, raised its full year EAT earnings outlook,
Speaker 1: and Zoom projected sales that missed estimates. Regarding earnings this morning,
Speaker 1: you mentioned target EPs did eat estimates. Shares her up
Speaker 1: thirteen percent in the pre market and look for coals
Speaker 1: through report also in the pre market. Wrapping things up,
Speaker 1: foot lock always cut to neutral over at Goldman Sacks
Speaker 1: live on the first breaking news des Comb But Maloney,
Speaker 1: Karen Ray, Phil, thank you and your life breaking news
Speaker 1: over here. Bloomberg t have squawk on your terminal, scue
Speaker 1: you a WK that's a Bloomberg business flash. Now here's
Speaker 1: Michael Barr with more on what's going on around the world. Blackael, Karen,
Speaker 1: thank you very much. Regional Ukraine officials says more than
Speaker 1: seventy Ukrainian soldiers were killed after Russian artillery hit a
Speaker 1: military base between kr Kiev and Kiev. The report could
Speaker 1: not immediately be confirmed. President Biden delivers his first State
Speaker 1: of the Union speech toninth the president is dealing with
Speaker 1: lower approval ratings and installed legislative agenda on top of
Speaker 1: the Russian invasion. Bloomberg will carry Tonight's address starting at
Speaker 1: eight thirty pm Eastern Time. In the NBA, the Nats
Speaker 1: lost in the NHL, the Devil's and Bruins won. The
Speaker 1: Capital's lost. Global news twenty four hours a day on
Speaker 1: air and on Bloomberg Quick Take, powered by more than
Speaker 1: twenty seven under journalist and analysts more than a hundred
Speaker 1: twenty countries. Michael Barron, this is Bloomberg. Karen, alright, Michael,
Speaker 1: thank you. It is sixty nine on Wall Street. We
Speaker 1: turned to news in science and technology now. But the
Speaker 1: Bloomberg n j I T STEM Report. It is brought
Speaker 1: to you by New Jersey Institute of Technology and j
Speaker 1: I T makes infrastructure ready graduates from civil engineers to
Speaker 1: transportations specialists. If it's infrastructure, and j I T grads
Speaker 1: are building it. More at n j I T DOT
Speaker 1: E d U. And here's just making news and science, technology, engineering,
Speaker 1: and math. Omicron is fading away, and so are Americans.
Speaker 1: Worries about COVID nineteen, according to a poll from the
Speaker 1: Associated Press say they are quote extremely or very worried
Speaker 1: about themselves or a family member contracting COVID. That's down
Speaker 1: from thirty six percent in both December and January. Another
Speaker 1: thirty four percent say they are somewhat worried. A survey
Speaker 1: has found drivers for Singapore's food delivery and right hailing
Speaker 1: companies are often working almost sixty hours a week. Singapore,
Speaker 1: along with governments around the world, is considering legislative changes
Speaker 1: to protect gig economy workers. Right hailing and food delivery
Speaker 1: companies have flourished during the pandemic, but also exacerbated social inequities,
Speaker 1: and a Wall Street darling during the pandemic is projecting
Speaker 1: sales for the current quarter below analysts estimates. Zoom has
Speaker 1: struggled to maintain the massive growth it experienced during the pandemic,
Speaker 1: when it's video conferencing platform served as a critical tool
Speaker 1: for businesses. Zoom stock has dropped more than seventy from
Speaker 1: US October high. And that's the Bloomberg and j A. T.
Speaker 1: Stamp report. Nathan Okay Karen thank you were live from
Speaker 1: the Bloomberg Interactive Brokers studios where it's six fifty on
Speaker 1: Wall Street time now to check what's going on in
Speaker 1: d C. Some of the top stories in our nation's
Speaker 1: capital include the Pentagon seeking a deconfliction mechanism with Russia
Speaker 1: as the fighting ramps up in Ukraine, Senator Joe Mansion
Speaker 1: urging President Biden to step up domestic energy production, and
Speaker 1: the U S booting a dozen Russian diplomats at the
Speaker 1: United Nations. All this as President Biden prepares for a
Speaker 1: State of the Union address tonight, confronting economic doubts along
Speaker 1: with the war in Ukraine. Bloomberg Government reporter Emily Wilkins
Speaker 1: joins US Live from the nation's capital ahead of what
Speaker 1: will be another one of those sees the moment events
Speaker 1: in Washington. Emily, good morning, that it seems like the
Speaker 1: stakes really couldn't be much higher for President Biden tonight. No,
Speaker 1: I mean, you look at President Biden's approval ratings. Uh
Speaker 1: an average from five thirty eight finds that numerous polls
Speaker 1: have the president only at approval that's very low for
Speaker 1: his presidency, very low for really any president at this point,
Speaker 1: and the state of the evening. You know, it's not
Speaker 1: going to be an immediate care all, but it is
Speaker 1: a chance for the Biden administration to try and take
Speaker 1: back some control of the narrative. The speech was initially
Speaker 1: supposed to be about addressing the economy, about addressing inflation,
Speaker 1: and that's still going to be a part of the speech, Nathan,
Speaker 1: it has to be. But of course a lot of
Speaker 1: rewriting has been done in light of the Ukrainian and
Speaker 1: Russian crisis, and one thing that President Biden really needs
Speaker 1: to do tonight is to defend what the US has
Speaker 1: done to defend and his own administration's actions on this.
Speaker 1: We heard yesterday from White House Press Secretary Jensaki saying
Speaker 1: that you know, Biden had helped lead US a number
Speaker 1: of European coalitions in moving together on this, that they're
Speaker 1: back as far as the leader of promoting democracy in
Speaker 1: the world. But we've seen polling that shows that Americans
Speaker 1: don't think that Biden has done enough yet in terms
Speaker 1: of sanctions, that he hasn't been as aggressive as he
Speaker 1: needs to be, and so it will be interesting to
Speaker 1: see what tone he takes tonight in terms of supporting
Speaker 1: Ukrainian citizens, as well as what the U s stands
Speaker 1: on Russia will be going forward. It's really quite a challenge,
Speaker 1: isn't it. When President Biden knew that he needs to
Speaker 1: reframe the message on a domestic front, and now it
Speaker 1: seems as though the message is being reframed for him
Speaker 1: with events happening on the other side of the world here.
Speaker 1: I mean, what's the challenge for President Biden as he
Speaker 1: tries to show that he does have control of what's
Speaker 1: happening in the world. I think, but part of the
Speaker 1: challenge is that, you know, there's certain rocks, you know,
Speaker 1: hard thing in a rock place that he's stuck in between.
Speaker 1: US wants to go ahead and be aggressive here. You
Speaker 1: see a lot of US support for Ukrainian citizens, but
Speaker 1: Biden has made it very clear at this point why
Speaker 1: you're not seeing more sanctions on Russia's energy industry, why
Speaker 1: you're not seeing US troops going into Ukraine. UM. To
Speaker 1: another extent, lawmakers Democrats who I spoke with yesterday, they
Speaker 1: were very clear that they do want Biden to address
Speaker 1: these economic and domestic issues. They want him to continue
Speaker 1: to push forward parts of the bill Back Better Plan
Speaker 1: that they think can pass, things like lowering drug prices
Speaker 1: and climate change, elder care, childcare, um. There's still a
Speaker 1: lot of support and momentum for those those policies. Even
Speaker 1: as the timeline to pass them grows more narrow. And
Speaker 1: so Biden just has a lot to do with the speech.
Speaker 1: He has to empathize with Americans, he has to say
Speaker 1: what he's doing for inflation, he has to address the
Speaker 1: supply chain, he has to address the economy, has to
Speaker 1: address Russian Ukraine. Um. I mean, the White House is
Speaker 1: that they don't want to make this speech a long one.
Speaker 1: But but there's a lot that he has to has
Speaker 1: to hit on here and in a very certain way
Speaker 1: to make sure that his message comes across as the
Speaker 1: administration wants it to. Yeah, you sort of allude to
Speaker 1: the idea of a State of the Union address typically
Speaker 1: as sort of a laundry list of asks that the
Speaker 1: president typically looks for from Congress to sort of frame
Speaker 1: the agenda. But it's very interesting because President Biden, in
Speaker 1: a lot of ways in this first year of his presidency,
Speaker 1: it's been about legislative asks. As there's been so much
Speaker 1: focus on the build Back Better agenda. What what's the
Speaker 1: difficulty to try to bring back momentum to a domestic
Speaker 1: agenda when there's so much going on geopolitically, I think,
Speaker 1: to a certain extent, you know, Biden is going to
Speaker 1: touch on what you would like to see done, because
Speaker 1: that is a key part of the State of the Union.
Speaker 1: But it's really not going to be the focal point
Speaker 1: as it has been for say, previous State of the Unions.
Speaker 1: To a certain extent, Biden has to sell what is
Speaker 1: what Democrats have already done, sell infrastructure, sell COVID relief.
Speaker 1: I was speaking last night with Angie Craig, a Democrat
Speaker 1: from Minnesota who's going to be facing a very tough reelection,
Speaker 1: and she says she needs President Biden to really signal
Speaker 1: to Americans that they've given them the tools they need
Speaker 1: to go back to normal, that now is not a
Speaker 1: time for aspiration. It's a time for getting Americans really
Speaker 1: past the pandemic and and into that next stage. Only
Speaker 1: about thirty seconds left here. But are we expecting the
Speaker 1: usual guests in the gallery, the pointing up there and
Speaker 1: using normal Americans as sort of symbols of go ahead, No,
Speaker 1: no guests, no guests. Vaccines are required. We did lawmakers
Speaker 1: do not have to wear masks, so we'll be kind
Speaker 1: of interesting to pan around the room. All lawmakers were
Speaker 1: invited to attend this year. We know that not all
Speaker 1: of them will accept that invitation, but it will be
Speaker 1: interesting to see who shows up, whose social distances, who's
Speaker 1: wearing a mask. But it's still still stated union is
Speaker 1: still not backed to what we were used to pre pandemic.
Speaker 1: Bloomberg Government reporter Emily Wilkins part of our team of
Speaker 1: reporters that will be part of the coverage of President
Speaker 1: Biden's first Date of the Union address. Catch it all
Speaker 1: tonight at eight thirty Wall Street Time on Bloomberg Radio
Speaker 1: and Television. Karen alright, Dathan, it is six fifty six
Speaker 1: on Wall Street and this is Bloomberg Daybreak. And March
Speaker 1: is Women's History Month, and every day of this month
Speaker 1: we are celebrating significant moments in women's history. And now
Speaker 1: with your installment for March. First, here's Bloomberg's rened a
Speaker 1: young on this day in Women's History. In nineteen twelve,
Speaker 1: Isabella Goodwin is appointed the first female US detective. She
Speaker 1: started in the New York City Police Department as a
Speaker 1: police matron, overseeing female inmates and cleaning jail sales. But
Speaker 1: a bank heist made national headlines and the police department
Speaker 1: asked Goodwin to step in. She posed as a maid
Speaker 1: and infiltrated a CD boarding house. The information Goodwin found
Speaker 1: out led to the arrest of a gangster named Eddie
Speaker 1: the boob Kinsman. The department rewarded Goodwin with the first
Speaker 1: grade detective Shield. If our story sounds familiar, you might
Speaker 1: have seen it on TV. In the recent TV series
Speaker 1: The Alienist, based on Caleb Carr's novel of the same name,
Speaker 1: Dakota Fanning plays Sarah Howard, who's based on Isabella Goodwin.
Speaker 1: That's today in women's history. I'm rened a young Bloomberg Radio.
Speaker 1: All right, ray to thank you, and again Future is following.
Speaker 1: This morning SMP Future is down thirty nine points and
Speaker 1: down Future is down two hundred seventy one NASDAG Futures
Speaker 1: down one thirty five and they continue to watch shares
Speaker 1: of target. This morning they are jumping in early training
Speaker 1: of about fifteen percent after reporting earnings, and Bloomberg surveillance
Speaker 1: is straight ahead. For Nathan Hagar, I'm Karen Moscow and
Speaker 1: this is Bloomberg