Speaker 1: By from the Bloomberg Interactive Brooker Studios as It's Bloomberg
Speaker 1: day Break for Thursday, January six two, coming up this hour.
Speaker 1: The sell off continues overseas after the Fed makes a
Speaker 1: hawk Is shift on policy. Bitcoin continues its slide to
Speaker 1: trade at the lowest level since December's flash crash. C
Speaker 1: DC Advisor's issue new guidance on COVID booster shots, faties
Speaker 1: and the pandemic has hospitals facing their worst staffing shortage
Speaker 1: in a year. New York City's Health commissioners suggests the
Speaker 1: city hasn't yet hits COVID peak. Plus it's the one
Speaker 1: year anniversary of the Capital Ryot. I'm like La bar
Speaker 1: more Ahead, John Stahn sports Kirie Irving made in season
Speaker 1: debut live and that's to have come from behind win
Speaker 1: in Indiana St John's when it's Piggy's Open. That's all
Speaker 1: straight ahead on Bloomberg day Break on Bloomberg Elevenoro, New York,
Speaker 1: Bloomberg one, Washington, d C, Bloomberg one oh six one, Boston,
Speaker 1: Bloomberg nine sixties, San Francisco, Sirius x M one nine
Speaker 1: Team and around the World Old on Bloomberg Radio Dot
Speaker 1: com and via the Bloomberg Business at good morning. I'm
Speaker 1: Nathan Hager and I'm Karen Moscow and looking at futures
Speaker 1: there mixed this morning. We're coming up to six o
Speaker 1: one on Wall Street, and we check the markets every
Speaker 1: fifteen minutes throughout the trading day. On Bloomberg, U s
Speaker 1: and P futures are a little change to higher now.
Speaker 1: Future is up eighty seven nasdag features down forty tenure,
Speaker 1: Treasury down seconds. Here's one point seven three percent. They
Speaker 1: yield on the two year point eight six percent, and
Speaker 1: I'm ex screwed. Oil is up one and a half percent. Nathan, Karen.
Speaker 1: Let's look at yesterday sell off. It saw the Nastack
Speaker 1: drop three point three per cent after the Fed signal.
Speaker 1: The more aggressive timeline for interest rate hikes. Brian Levitt
Speaker 1: is a global strategist at Investco. The early stages of
Speaker 1: a tightening cycle, and as we know, it's usually not
Speaker 1: the first rate hike that matters. It's usually the last one.
Speaker 1: And even though we're dealing with this today as we
Speaker 1: often do, when we start to see signs for the
Speaker 1: first move, I still think we're a long ways away
Speaker 1: from nat last Ray bight that ends the cycle. Investco
Speaker 1: Global strategist Brian Levitt says he sees the sell off
Speaker 1: as a buying opportunity. Ten your treasury yields this morning
Speaker 1: or trading at their highest level since April and Nathan
Speaker 1: the text sell off continued in Asia over night. Japan
Speaker 1: led it declines as any case led two point eight percent.
Speaker 1: We get the details from Bloomberg's Juliette Sally and Singapore.
Speaker 1: Good morning, Juliette, Good morning, Karen. The ms c I
Speaker 1: Asia Pacific Index fell for a third session in four
Speaker 1: with the gauge of tech shares among the worst performing.
Speaker 1: The Hang Sang Tech index fell for a fourth day.
Speaker 1: Yield spiked, with Japan's tenure at its highest since April.
Speaker 1: Japanese equity suffered their worst day since June, while Australia's
Speaker 1: market had its worst day in eleven months and Hong
Speaker 1: Kong reopening stocks were here as the city imposed tighter
Speaker 1: restrictions for the first time in almost a year. In Singapore.
Speaker 1: Juliet Sally Bloomberg Daybreak, Juliet thanks for also seeing bitcoin
Speaker 1: trade at its lowest level since December's flash crash. Right
Speaker 1: now it's at about forty eight hundred dollars. Let's get
Speaker 1: the latest from Bloomberg. Juned A Young, Ranita Nathan the
Speaker 1: fifth hawk is tilt saw Bitcoin fall by about thirty
Speaker 1: five dollars. Other cryptos like Ether and finance coin also
Speaker 1: slumped to Lowe's not seen since October. Bitcoins climb over
Speaker 1: the past few years coincided with strong stimulus measures by
Speaker 1: the FIT. Now the question is how will it react
Speaker 1: as the central bank pulls back on accommodation. Since it's
Speaker 1: all time high in November, bitcoin is down about Nita
Speaker 1: Young Bloomberg Daybreak, Ranita, thank you. Turning to the pandemic. Now,
Speaker 1: we have a new recommendation on booster shots from the
Speaker 1: CDC Agency advisor say vaccinated team should now get a
Speaker 1: third do sufvisor shot, Bloomberg said. Baxter has the story.
Speaker 1: The panel says it's important for twelve to seventeen year
Speaker 1: olds to get vaccinated to keep schools open. This adds
Speaker 1: twelve to fifteen year olds to the advisory already in place.
Speaker 1: Dr Rochelle Wilenski has final say, but has said that
Speaker 1: it's important to try and cut the severity of all
Speaker 1: macron and she says the spread of A macron has
Speaker 1: gone up in a straight Based on CDC genomic sequencing,
Speaker 1: we now estimate that O macron represents about percent of
Speaker 1: cases in the country. Says it's important for teens to
Speaker 1: get boosted in San Francisco. I'm at Baxter Bloomberg Gay Break.
Speaker 1: Thanks Zed. We continue to see the impact of O
Speaker 1: macron on the healthcare system. US hospitals are facing their
Speaker 1: worst staffing shortage in a year. According to the Department
Speaker 1: of Health and Human Services data, about twenty of hospitals
Speaker 1: report critical staffing levels. That's the most since December. Meantime,
Speaker 1: Nathan tennis star Novak Djokovic is making waves off the court.
Speaker 1: His chance to play for a tenth Australian Open title
Speaker 1: is in limbo. The country denied him entry and canceled
Speaker 1: his visa because he failed to meet requirements for an
Speaker 1: exemption to COVID vaccination rules. Scott Morrison is the Prime
Speaker 1: Minister of Australia rules rules and there are no special
Speaker 1: cases entry with a visa requires double vaccination or a
Speaker 1: medical exemption. I'm advised that such an ex engine was
Speaker 1: not in place and as a result he is subject
Speaker 1: to the sign rule. As anyone else. Australian Prime Minister
Speaker 1: Scott Morris and denized any suggestion that Djokovic is being
Speaker 1: singled out. The pandemic's impact on the labor market's also
Speaker 1: in focus, Karen. Today, we get data on jobless claims
Speaker 1: plus trade and services activity. Bloomberg's Viney del Judas reports
Speaker 1: economists a weekly jobless claims will probably halt their half
Speaker 1: century lows as employers filled record job openings. The labor
Speaker 1: market scored a solid recovery since the pandemic crash. Meantime,
Speaker 1: November's trade DAVA SI could tire a record as domestic
Speaker 1: demand rebounds. Also today, data on America's service industry should
Speaker 1: signal growth, though not as robustis November, when the I
Speaker 1: s M Non Manufacturing index set a record nuts Bloomberg
Speaker 1: day break. All right, Vinnie, thank you, Fed policy front
Speaker 1: end center. But there's also other news on the Central Bank.
Speaker 1: Sources tell us President Biden could pick former FED Governor
Speaker 1: Sarah bloom Moraskin for the Central Bank's top regulatory post.
Speaker 1: We get more from Bloomberg's Sterley Pellett. It's a move
Speaker 1: that would please senators demanding swift action on climate Change.
Speaker 1: Senator Sheldon white House, who has been active on the
Speaker 1: climate issue, tweeted that a Raskin nomination as the FEDS
Speaker 1: Vice Chair for Supervision would be quote good news. The
Speaker 1: Rhode Island Democrats says Raskin really gets it on climate,
Speaker 1: and Senator Ben Cardon of Maryland predicts Raskin will be
Speaker 1: easily confirmed in New York. Charlie Pellett Bloomberg Daybreak, Charlie, thanks,
Speaker 1: and speaking of climate, we have a new entry into
Speaker 1: the electric vehicle market. General Motors is introducing a battery
Speaker 1: powered pickup truck. CEO Mary Barra showed off the new
Speaker 1: Chevrolet Silverado at CES in Las Vegas. Meantime, when it
Speaker 1: comes to the overall industry, bar says, the chip shortage
Speaker 1: is easy, but it still is not resolved. I would
Speaker 1: say every quarter it gets a little bit better, and
Speaker 1: so we're seeing a better Q one than Q four,
Speaker 1: but we still think it's going to linger into the
Speaker 1: first half of this year, and we should be farther
Speaker 1: out of it by the end of this year, but
Speaker 1: we're not through it yet. GM CEO Mary Barrow made
Speaker 1: those comments in an interview with Bloomberg's David Weston. You
Speaker 1: can catch their full conversation at Bloomberg dot com. SMP
Speaker 1: futures are up four points down, futures up ninety three,
Speaker 1: NASTAC futures still lower by thirty points. To tend your
Speaker 1: treasury yield one point seven straight ahead, your latest local headlines,
Speaker 1: and a check of sports. This is Bloomberg. It sounds
Speaker 1: six o seven on Wall Street. We're thirty nine degrees
Speaker 1: in Central Park. I went to weather advisory and we're
Speaker 1: still dealing with the accident investigation in Jericho Turnpike in Mineola.
Speaker 1: Details coming up in traffic. First Michael Barr with more
Speaker 1: on what's going on in New York and around the world. Michael,
Speaker 1: thank you very much. Nathan. Americans are preparing today to
Speaker 1: mark the one year anniversary of the Capitol riot. President
Speaker 1: Joe Biden plans to speak about unity to a politically
Speaker 1: fractured nation. Yesterday, US Attorney General Merrick Garland spoke about
Speaker 1: the attack. Whether they were present that day or were
Speaker 1: otherwise criminally responsible for the assault on our democracy, you
Speaker 1: will follow the facts wherever they lead. Garland says more
Speaker 1: than seven people have been arrested for their roles in
Speaker 1: the Capital attack. The Tri State area is preparing for
Speaker 1: a new wave of winter weather. Bloomberg meteorologist Rob Caroline
Speaker 1: has the latest. Michael, the National Weather Services put at
Speaker 1: winter weather Advisory and effect for the Tri State area
Speaker 1: from midnight tonight through noon tomorrow. Storm system passing south
Speaker 1: of the region will produce snow around midnight tonight, should
Speaker 1: end by midday tomorrow. Tracks still a little bit up
Speaker 1: in the air as is the strength sell right now,
Speaker 1: it looks like at least a couple of inches as
Speaker 1: possible for the Tri State area. Will probably be refining
Speaker 1: the numbers over the next twenty four hours, but I
Speaker 1: could see at least one to three inches across the city,
Speaker 1: maybe a little bit more north and west of town. Michael, Rob,
Speaker 1: thank you very much. New York City Health Commissioner Dave
Speaker 1: Chotsky said the COVID data suggests the city hasn't yet
Speaker 1: hit a peak in the omicron fueled spike of coronavirus
Speaker 1: cases in recent weeks. Chosky says cases are still increasing
Speaker 1: because we are seeing unprecedented case count stirring the sam
Speaker 1: cron wave, as you know, over thirty cases a day
Speaker 1: on the seven day average, and we are seeing the
Speaker 1: impact in our hospitals. Dr Jotsky encouraged New Yorkers to
Speaker 1: continue getting booster shots and wear masks. New York Governor
Speaker 1: Kathy Hokel gave her first State of the State address
Speaker 1: or plans put health at the top of the to
Speaker 1: do list, including ten billion dollars to increase the medical workforce.
Speaker 1: A once in a lifetime pandemic demands once in a
Speaker 1: lifetime response, and that's why I'm setting an ambitious goal
Speaker 1: to grow our healthcare workforce by over the next five years.
Speaker 1: Governor hocol also call it for investments in housing and
Speaker 1: renewable energy. The judge in Galen maxwell Sex traffic and
Speaker 1: trial asked prosecutors and defense lawyers to briefer onto whether
Speaker 1: a new trial is needed over media comments made by
Speaker 1: a juror. Maxwell's lawyers told the judge that it would
Speaker 1: seek a new trial because the juror failed to disclose
Speaker 1: a possible bias against my swill. Global News twenty four
Speaker 1: hours a day on a rand on Bloomberg Quick Take
Speaker 1: Power about more than twenties seven under journalists, analysts, more
Speaker 1: than twenty countries. Michael bar this is Bloomberg naked alrighty
Speaker 1: thank you. Michael six ten on Wall Street Time for
Speaker 1: the Bloomberg Sports Update with John Stashow. All Right, anthan,
Speaker 1: there's been a lot of questions about Kyrie, I mean,
Speaker 1: like why he's refused to get the vaccine even with
Speaker 1: the mandate in New York. There's never been any question
Speaker 1: about his ability to play basketball. So there was Kyrie
Speaker 1: last minute Indiana making this season debut for the Nets.
Speaker 1: The team had originally said they didn't want him at all,
Speaker 1: it was only gonna be for games on the road,
Speaker 1: but they changed their mind and Kyrie scored twenty two
Speaker 1: points in thirty two minutes help Brooklyn to have come
Speaker 1: from behind one nine victory. So nervous and naturally as
Speaker 1: a performer, I still get nervous, but that first shot
Speaker 1: was like, man, I wanted to go in and then um,
Speaker 1: I settled down to the second half, you know, once
Speaker 1: I came back out and I'm just gonna do and
Speaker 1: Kevin Durant as always big part of the win. Katie
Speaker 1: scores thirty nine the next end of the three game,
Speaker 1: losing Stig Nixon. Celtics tonight at the Garden started at
Speaker 1: home at home. They'll play Saturday in Boston Rangers start
Speaker 1: a five game road trip tonight in Vegas. St. John's
Speaker 1: first game since December eighteenth. After four s postponements, the
Speaker 1: Red Storm finally with their big East opener and one
Speaker 1: a game for Julian Simpagny thirty four points, sixteen rebound. St.
Speaker 1: John's beat the Paul. Syracuse lost by one at Miami.
Speaker 1: Villanova won by thirty four over Creighton and Tonio Brown
Speaker 1: says he had an m r I and his ankle
Speaker 1: and it confirms he has an injury that prevented him
Speaker 1: from playing last Sunday. His Tampa Bay coach, Bruce Arians,
Speaker 1: wanted him to play. They argued, Brown, of course, then
Speaker 1: took off his jersey left MetLife Stadium. Arians then said
Speaker 1: Brown is no longer with the team, but the Bucks
Speaker 1: have still not released it. John Stash were bloom Group Sports. John,
Speaker 1: Thank you. Futures are mixed at the moment you're listening
Speaker 1: to Bloomberg Day Brand brought to you by Audie. Reflect
Speaker 1: on the past, celebrate the future during the season of
Speaker 1: Audie and drive off in the Audi model You've always wanted.
Speaker 1: Visit your Tri State area Audi dealer. Today markets headlines
Speaker 1: and breaking news twenty four hours a day at Bloomberg
Speaker 1: dot Com and Bloomberg Business at and at Bloomberg Quicktake,
Speaker 1: this's a Bloomberg Business flash and I'm Karen Moscow. And
Speaker 1: futures this morning are mixed s and P futures that
Speaker 1: will change. DAL futures up eighties six points, nasday futures
Speaker 1: down to forty nah in the tenure treasury down eight
Speaker 1: thirties seconds, the yeld one point seven three percent, and
Speaker 1: the yield on a two year point eight to six
Speaker 1: First said, we are coming up to six eighteen on
Speaker 1: Wall Street. Time of your daily Bloomberg Crypto update and
Speaker 1: with the latest in crypto news, here's Bloomberg's ready to
Speaker 1: young Renita Karen. Bitcoin is trading around forty three thousand today.
Speaker 1: It's lower after the FED sick of rate increases yesterday,
Speaker 1: which made Bitcoin fall by about thirty five dollars. Other
Speaker 1: cryptos like Ether and finance coin also slumped to low's
Speaker 1: not seen since October. Bitcoins climb over the past few
Speaker 1: years has coincided with the FED strong stimulus measures. Now,
Speaker 1: the question is how bitcoin will react as the central
Speaker 1: bank pulls back on accommodation. Since it's all time high
Speaker 1: in November, bitcoin has lost about twenty percent of its value.
Speaker 1: Other crypto sectors are also under pressure. This morning, bitcoin
Speaker 1: mining stocks tumbled as analysts reconsidered their outlooks after a
Speaker 1: record breaking year. Be Riley's Securities cut price targets on
Speaker 1: Marathon Digital and Riot Blockchain. And that's your Bloomberg crypto update.
Speaker 1: I'm reading the young Bloomberg day break. Karen, all right,
Speaker 1: ready to thank you. That's a Bloomberg business flash. Now
Speaker 1: here's Michael Barrow with more. I'm must going on around
Speaker 1: the world, Karen, thank you very much. Today President Joe
Speaker 1: Biden will mark the first anniversary of the Deadly Capital Insurrection,
Speaker 1: seeking to rally Democrats around voting rights legislation, AID say.
Speaker 1: The President will also take on former President Trump himself.
Speaker 1: Chicago public school classes are canceled again today after the
Speaker 1: teachers union and CPS officials failed to reach a deal
Speaker 1: over COVID protocols. Australian Open champion Novak Djokovic has been
Speaker 1: to nied entry into Australia. Federal officials over ruled the
Speaker 1: state vaccine exemption for the tennis star in the NBA
Speaker 1: Kyrie Irving. It is returned as the nets down, the Pacers,
Speaker 1: the Celtics, Wizards and Warriors all lost. Global news twenty
Speaker 1: four hours a day on air and on Bloomberg Quick Tank,
Speaker 1: powered by more than twenty seven under journalist and analyst
Speaker 1: more than a hundred twenty countries. I'm Michael Barr, and
Speaker 1: this is Bloomberg Nathan, Michael, thank you. We're coming up
Speaker 1: to six twenty on Wall Street line from the Bloomberg
Speaker 1: Interactive Broker's studios. This is Bloomberg Daybreak. Let's look a
Speaker 1: little bit more at the mark reaction to this more
Speaker 1: hawkish fed. Michael Howson is with us this morning, Chief
Speaker 1: market analyst at CMC Markets. Michael, it's great to speak
Speaker 1: with you this morning. I see the sell off continues
Speaker 1: in Europe, but we're looking at a bit of a
Speaker 1: pickup to some extent for US futures. Is this a
Speaker 1: little bit of dip buying or could we see more
Speaker 1: selling in US equities? Yeah? I think I think it's
Speaker 1: the big question you You talked about the Dale future
Speaker 1: is actually being higher. In the nes Dack future has
Speaker 1: been lower, and I think that's where the pressure is
Speaker 1: likely to come. It's in the more highly valued areas
Speaker 1: of the market, namely the nes dack. Not for nothing
Speaker 1: have we seen big declines in that on the back
Speaker 1: of higher bond yields. What surprises me, I think more
Speaker 1: than anything, is why it's a surprise that some Fed
Speaker 1: officials will be discussing the prospect of bannet sheet reduction. Ultimately,
Speaker 1: I think talking about bonnet sheet reduction is a long
Speaker 1: way shut to actually doing it. And let's not forget Nathan,
Speaker 1: the Fed is still adding to its balant sheet. It
Speaker 1: would be very surprising to me if the Fed, after
Speaker 1: ending its taper would suddenly do an abrupt handbrake turn
Speaker 1: and then start reducing the size of this ballas sheet
Speaker 1: so quickly. So I think there's an element here that
Speaker 1: um markets are afraid that the Fed might be minded
Speaker 1: two probably tightened too quickly because of concerns about much
Speaker 1: more persistent inflationary pressures. And I'm not seeing any evidence
Speaker 1: of that, because if you look at this week's data,
Speaker 1: particularly and the price is paid, we've actually seen prices
Speaker 1: start to come down. So do you think that this
Speaker 1: sell off could go further? Is this the case of
Speaker 1: investors sort of trying to get ahead of a potential
Speaker 1: balance sheet unwind here and if so, how much further
Speaker 1: could things go. Well, there's not to get apple here,
Speaker 1: three trillion dollar market gap earlier this week, so I
Speaker 1: think there's certainly room for a little bit of profit
Speaker 1: taking given current valuations. Let's not forget the SMP record
Speaker 1: high on the first trading day of this year. No, obviously,
Speaker 1: interest rates are going to go up. The bigger question
Speaker 1: for me is not more a case of when the
Speaker 1: first rate hike occurs, but how quickly they occur and
Speaker 1: how aggressive they are. And given the current uncertainty, I
Speaker 1: think what we're seeing today is indicative of what's been
Speaker 1: seeing over the course of the past couple of months.
Speaker 1: We've seen big moves to the downside. We've then seen
Speaker 1: subsequent rebounds back to the upside. Ultimately, the picture is
Speaker 1: still very, very uncertain, and certainly I think if you
Speaker 1: look at the SMP five um, we're still within touching
Speaker 1: distance of those record highs. Could we go lower, absolutely,
Speaker 1: I mean we could fall all the way back to
Speaker 1: four thousand, five hundred, which was essentially the lows back
Speaker 1: at the end of November in the beginning of December,
Speaker 1: but that doesn't necessarily mean that we're going to come
Speaker 1: crushing off SI. A note this morning from Goldman Sachs
Speaker 1: strategist saying European stocks could be a haven play against
Speaker 1: higher US rates. What do you make of that? Is
Speaker 1: that how you see it? That's certainly how I see it.
Speaker 1: Certainly in terms of the foot See one dred. If
Speaker 1: you look at evaluations and say, for example, the Footsie
Speaker 1: one D or even you know, say for example the
Speaker 1: footspe MID, the Italian stock market, UM, A lot of
Speaker 1: these markets have seriously underperformed over the course of the
Speaker 1: past two or three years compared to US stocks. Certainly,
Speaker 1: I would argue that U S stocks are much more
Speaker 1: profit when you look at them on a on a
Speaker 1: evaluation basis. So I think there's an awful lot of
Speaker 1: merit in that argument, given the fact that the ECB
Speaker 1: is unlikely to be raising rates anytime soon, and even
Speaker 1: if they do, they're not going to be raising them
Speaker 1: much above zero. Only about thirty seconds left here, Michael,
Speaker 1: But do you see this as a potential spark for
Speaker 1: a firm rotation from growth to value in the US?
Speaker 1: I think there would could certainly be the catalyst for it.
Speaker 1: I think in terms of the Nastack. There is certainly
Speaker 1: potential for further consolidation. If I can say that, I'm
Speaker 1: not going to say it's gonna come crushing off, but
Speaker 1: certainly I think it's going to be very difficult for
Speaker 1: the Nurstack to make new record hires in the short
Speaker 1: to medium term. Thanks again for coming on with us, Michael,
Speaker 1: great to speak with you once again. Michael Houston his
Speaker 1: chief market analyst at CMC Markets. Taking a look at
Speaker 1: markets right now. SMP futures are little change. DAL futures
Speaker 1: are still higher, up seventy six points. The Nastack futures
Speaker 1: leading the declines in the US market this morning. They're
Speaker 1: down sixty six points. The tenure Treasury is up three
Speaker 1: thirty seconds, and yield on the benchmark tenure note is
Speaker 1: one point seven three percent. Just ahead, we'll get more
Speaker 1: on the sharp market reaction to the Fed minutes and
Speaker 1: teams coming a step closer to fiser boosters. As we
Speaker 1: check your top stories the morning. This is Bloomberg Daybreak.
Speaker 1: Good morning, Bloomberg eleven three oh weather. We'll have a
Speaker 1: mix of sun and clouds and a high in your
Speaker 1: forty today winter weather and Vine Street with one to
Speaker 1: three inches of snow tomorrow morning yes and below thirties,
Speaker 1: mostly sunny, low thirties from Saturday. Right now thirty nine
Speaker 1: in Central Park, broadcasting live from the Bloomberg Interactive Brokers
Speaker 1: Studio in New York. Bloomberg E Living Free to Washington,
Speaker 1: d C. Bloomberg to Boston, Bloomberg one O six one
Speaker 1: to San Francisco, Bloomberg NUN sixty to the country Sirius
Speaker 1: XM CHADO one nineteen and around the globe the Bloomberg
Speaker 1: Business app and Bloomberg Radio dot Com. This is Bloomberg
Speaker 1: Daybreak at six thirty on Wall Street. From morning. I'm
Speaker 1: Nathan Hager and I'm Karen Moscow. We are just about
Speaker 1: three hours away from the open of US trading. Let's
Speaker 1: get you up to date on the news you need
Speaker 1: to know at this hour. Right now, US futures are
Speaker 1: mixed following yesterday's tax sell off. Tenure yields are trading
Speaker 1: near their highest level since April after the FED signal
Speaker 1: the more aggressive timeline for interest rate hikes. Brian Levitt
Speaker 1: is a global strategist at Investco. We should expect volatility
Speaker 1: to return to markets when we get unexpected results at
Speaker 1: of central bankers, so that tends to be where draw
Speaker 1: downs and volatility emerges out of unexpected policy decisions and
Speaker 1: policy uncertainty. Invest Global strategist Brian Levitt says he sees
Speaker 1: this sell off as a buying opportunity caught up in
Speaker 1: yesterday sell off careen where the so called meme stocks
Speaker 1: and we get more on that side of the market
Speaker 1: from Bloomberg's Charlie Pellett, amc down eleven percent, games stop down,
Speaker 1: and that helps send the basket of meme stocks tracked
Speaker 1: by Bloomberg to its lowest clothes since January twenty one,
Speaker 1: when the market was swept up in the rise of
Speaker 1: retail trader driven surges. The route tracked other retail favorites lower,
Speaker 1: including bed Bath and Beyond and Stem Inc, which both
Speaker 1: fell about eleven percent in New York. Charlie Pellot Bloomberg
Speaker 1: daybreak a right, Charlie, thank you. We're also seeing bitcoin
Speaker 1: training at its lower level since December's flash crash. Right
Speaker 1: now is said forty two eight hundred dollars. And here
Speaker 1: with Morris Bloomberg's re need a young Karen the fitz
Speaker 1: Hawk is tilt saw bitcoin fall by about thirty five
Speaker 1: hundred dollars. Other cryptos like Ether and finance coin also
Speaker 1: slumped to lows not seen since October. The entire sector
Speaker 1: is pretty much under pressure. Bitcoin mining stocks tumbled as
Speaker 1: analysts reconsider their outlooks after a record breaking year. Since
Speaker 1: it's all time high in November, bitcoin is down about
Speaker 1: twenty We need a young Bloomberg daybreak, all right, We
Speaker 1: need a thanks on the pandemic front. This morning, we
Speaker 1: have a new recommendation on booster shots from the CDC Agency.
Speaker 1: Advisors now recommend vaccinated teens as young as twelve years
Speaker 1: old to get a COVID booster shot from Fiser. And
Speaker 1: at the same time, Nathan, the impact of the omicron
Speaker 1: variant is weighing on the healthcare system. US hospitals are
Speaker 1: facing their worst staffing shortage in a year. According to
Speaker 1: Department of Healthy Human Services data, about twenty percent of
Speaker 1: hospitals report critical staffing levels. And again, futures are mixed
Speaker 1: S and P futures are little change down, futures higher
Speaker 1: up eighty, nasday futures lower down fifty eight tenure Treasury
Speaker 1: down eight thirty seconds held one point seven three percent.
Speaker 1: That yield on the two year point eight five percent
Speaker 1: and Nimex Screwede oil is up one point six percent.
Speaker 1: And straight ahead, we have your latest local headlines plus
Speaker 1: a check of sports, and this is Bloomberg Peak Scaring
Speaker 1: six thirty three on Wall Street, thirty nine degrees in
Speaker 1: Central Park. Still dealing with the accident investigation that is
Speaker 1: the Jericho Turnpike closed both ways at Herrick's Road. Details
Speaker 1: coming up in Traffic First Michael Barr with more on
Speaker 1: what's going on in New York and around the world. Michael,
Speaker 1: Peggy very much, Nathan. President Joe Biden plans a blistering
Speaker 1: critique of Donald Trump as he marks the one year
Speaker 1: anniversary of the January Ray six riot at the US
Speaker 1: Capitol with a speech that will warn of the dangers
Speaker 1: of misinformation and subverting democracy. Yesterday, Attorney General Mary Garland
Speaker 1: spoke at the Justice Department about the Capital riot. Those
Speaker 1: involved must be held accountable and there is no higher
Speaker 1: priority for US. At the Department of Justice, Drylyn held
Speaker 1: a moment of silence for the law enforcement officers who
Speaker 1: died related to the attack. New York City Health Commissioner
Speaker 1: Dr David Chowsky says the COVID data suggest the city
Speaker 1: hasn't yet hit a peak in the omicron fueled spike
Speaker 1: of coronavirus cases in recent weeks. Chronsky says the impact
Speaker 1: of gatherings that New Year's could still fuel another uptick.
Speaker 1: Vaccinate your child, get your booster dose, where a high
Speaker 1: quality mask, and look out for those who are more
Speaker 1: susceptible to severe COVID, whether an older adult for someone
Speaker 1: with a chronic condition. Dr Chatsky says the seven day
Speaker 1: average of positive cases rose to nearly thirty five percent.
Speaker 1: On January second, New York Governor Kathy Hoco delivered her
Speaker 1: first State of the State address, outlining an agenda for
Speaker 1: an economic comeback from the COVID nineteen pandemic, housing and
Speaker 1: renewable energy. Hocol also says she will accelerate tax cuts
Speaker 1: for middle class New Yorkers. That means more than six
Speaker 1: million middle class taxpayers will get more money in their
Speaker 1: pockets sooner, at a time when inflation is robbing them
Speaker 1: of any gains in income. Governor Hocol also proposed a
Speaker 1: ten billion dollar plan to grow the state's healthcare workforce. Meanwhile,
Speaker 1: the governor is calling on state lawmakers to legalize the
Speaker 1: sale of to go alcoholic drinks to keep bars and
Speaker 1: restaurants afloat. Defense lawyers for Galaine Maxwell are planning to
Speaker 1: request a new trial. New York City jury convicted her
Speaker 1: of conspiring to recruit and groom teenage girls to be
Speaker 1: abused by Jeffrey Epstein, and then the revelation a juror
Speaker 1: in the case revealed he was a victim of sexual abuse.
Speaker 1: Loyola Law School professor Jessica Levinson says the main issue
Speaker 1: is whether the juror truthfully disclosed this ahead of the trial.
Speaker 1: The judge will essentially determine whether or not this apparent
Speaker 1: failure to disclose undermines Maxwell's right to a fair and
Speaker 1: impartial Juryola Law Professor Jessica Levinson. Global News twenty four
Speaker 1: hours a day on air and on Bloomberg Quicktake Power
Speaker 1: by more than twenty seven hundred journalists and analysts more
Speaker 1: than a hundred twenty countries. At Michael Barr, this is Bloomberg, Nathan.
Speaker 1: Thank you, Michael, And it's six thirty six on Wall Street.
Speaker 1: Time for the Bloomberg Sports Update. Here's John stash Alright, Nathan,
Speaker 1: the unvaccinated entiree IRVY not allowed to play games in
Speaker 1: New York under the mandate, but he can't play on
Speaker 1: the road, and the Nets recently changed their mind about
Speaker 1: letting them do that. So Kyrie made in season debut
Speaker 1: last night at Indiana. He played thirty two minutes toward
Speaker 1: twenty two points. The Nets, atter a brutal first half,
Speaker 1: came back beat the pace was once twenty nine, once
Speaker 1: twenty one to end a three game losing Street the
Speaker 1: Prison tonight, but everyone just stot there to have everyone.
Speaker 1: Was also asked his position on the vaccine. But right now,
Speaker 1: I'm one day at the time, like I said, just
Speaker 1: enjoyed this time that I did to play with my guys.
Speaker 1: Cavaa ran last night, thirty nine points for Brooklyn Nixon South.
Speaker 1: Thanks play tonight at the Garden. The Rangers aren't in
Speaker 1: laws to Vegas. St. John's one of the bigg He's
Speaker 1: open over De Paul for Julian Topagny thirty four point
Speaker 1: sixteen rebounds. The previous four games for the Red Storm
Speaker 1: had been postponed to the COVID was their first game
Speaker 1: in two and a half weeks. Tuesday game word the
Speaker 1: Novak Djokovics was might being unvaccinated. Had been granted a
Speaker 1: medical exemption and that despite a mandate, he would be
Speaker 1: allowed to play the upcoming Australian Open, a tournament's one
Speaker 1: nine times so yesterday he flew to Melbourne, but porter
Speaker 1: officials say his visa did not include a proper reason
Speaker 1: for the exemption. They kept him at the airport. The
Speaker 1: latest word is that Djokovic has been allowed to stay
Speaker 1: in Australia until at least Monday. His lawyers would filed
Speaker 1: the legal challenge for the vs Are ruling in Australia.
Speaker 1: There had been pushback from those who tall Djokovic was
Speaker 1: getting preferential johns ferisht were Bloomberg's all right, John, Thanks
Speaker 1: six thirty seven on Wall Street. Time to take a
Speaker 1: look at stock, some of the names moving in the
Speaker 1: pre market. Bloomberg Radio on TV. Markets correspondent Creedy Gupta
Speaker 1: is with us this morning to take a look under
Speaker 1: the hood after the big sell off yesterday. What you
Speaker 1: want and creating Well, good morning, Nathan. You just mentioned
Speaker 1: the big sell off, which is interesting because you have
Speaker 1: some downside stories, but they're not necessarily showing up into
Speaker 1: the stock because of how brutal the selling was yesterday.
Speaker 1: Let me give you one example here and kick it
Speaker 1: off with the cruise lines. Reuters reporting Royal Caribbean and
Speaker 1: Norwegian canceled some of their sailings. Royal Caribbean canceling it's
Speaker 1: spectrum of the sea's crews for January six and Norwegian
Speaker 1: canceling sailings as far out as April. Originally, they actually
Speaker 1: boosted their other peer. Remember there's that trifecta of cruise lines,
Speaker 1: that third cruise line, Carnival Cruise Line CCLS. You're taker
Speaker 1: up the tune of one point one percent, But it
Speaker 1: looks like Royal Caribbean and Norwegian are timing their way
Speaker 1: back in the pre market r cls for Royal Caribbean
Speaker 1: up four tenths of a percent and Norwegian Cruise Lines
Speaker 1: and c l H is your ticker, they're up eight
Speaker 1: tenths of a percent. Whether that stays into the regular
Speaker 1: session is going to be something to watch. Moving on
Speaker 1: to big tech, though also a major kind of victim
Speaker 1: of the selling yesterday, Alphabet's Google slapped with a record
Speaker 1: French fine of a hundred and fifty million euros. It's
Speaker 1: a hundred and seventy million dollars um by the nation's
Speaker 1: privacy watchdog together with a sixty million euro fine for
Speaker 1: Meta platforms Facebook over the way the companies managed cookies.
Speaker 1: Yet again, Nathan, remember that brutal selling. It's actually pushing
Speaker 1: the stock up higher today. What goes down or what
Speaker 1: goes up must come down, and what goes down kind
Speaker 1: of bounces back. So Google in the pre market g
Speaker 1: O O G or should say Alpha Alphabet up three
Speaker 1: tenths of a percent, and Facebook or I should say
Speaker 1: Meta now FBS your ticker up six tenths of a percent.
Speaker 1: Yeah for now a good point. Um. Exon is the
Speaker 1: other one. I'm watching Iraq approving its state owned Iraq
Speaker 1: National Oil Company to potentially purchase excellent interest in a
Speaker 1: huge oil field in the south of the country. This
Speaker 1: follows exce On trying to sell their thirty two point
Speaker 1: seven percent stake to Chinese firms last year that was
Speaker 1: not approved by the state. Nevertheless, x O m is
Speaker 1: your ticker up one point four percent as the company
Speaker 1: finally gets a nod from Iraq. Real quick creeding. I
Speaker 1: guess you've got a few more analysts calls this morning. Yes,
Speaker 1: Wells Fargo has been busy this morning, cutting target to
Speaker 1: an equal weight from an overweight with a two hundred
Speaker 1: thirty dollar price target t gt S, your ticker down
Speaker 1: one point seven percent, as well as also announcing a
Speaker 1: two hundred and twenty dollar price target for Dollar General DGS.
Speaker 1: Your ticker there down two percent now trading, or should
Speaker 1: say those years closed at two hundred thirty three dollars yesterday,
Speaker 1: so I'm not exactly good news for target in Dollar
Speaker 1: General all right. Bloomberg Radio and TV Markets correspondent Creed
Speaker 1: Gupta with the pre market look, and as we take
Speaker 1: a look at stocks as a whole ahead of this
Speaker 1: Thursday morning open. Mixed action with SMP futures down a
Speaker 1: point and a half down, futures higher by sixty six points,
Speaker 1: NASTAC futures still lower after the big sell off from yesterday,
Speaker 1: and tech shares A NASTAC futures are down sixty nine points.
Speaker 1: The tenure Treasury is down seven thirty seconds in the
Speaker 1: yield just shy at one point seven three. You're listening
Speaker 1: to Bloomberg Daybreak, Clumber eleven, three oh weather mix of
Speaker 1: sun and clouds today with a high near forty degrees.
Speaker 1: Winter weather advisory for an inch or three of snow
Speaker 1: tomorrow morning. Tomorrow in the low thirties, will be in
Speaker 1: the low thirties as well on Saturday. Right now thirty
Speaker 1: nine in Central Park Markets. Headlines and breaking news twenty
Speaker 1: four hours a day at Bloomberg dot Com, the Bloomberg
Speaker 1: Business apt and at Bloomberg Quick Tape. This is a
Speaker 1: Bloomberg Business lash and I'm camera in Moscow. This update
Speaker 1: brought to you by Sei. I imagine your asset management
Speaker 1: firms operational infrastructure as a camp d of advantage. Let
Speaker 1: se I show you how and se I c dot
Speaker 1: com slash, I m s and futures are mixed to
Speaker 1: this morning. We know the first word breaking news dance
Speaker 1: for today's morning call. Here's Bill Maloney, Bill, good morning
Speaker 1: and good morning charm. That's right. US features are trading
Speaker 1: mix step too yesterday's plunge with doubt. Futures hired by
Speaker 1: sixty two points. SNPs are down too well, the NASDEC
Speaker 1: futures lower by sixty eight the US ten year old
Speaker 1: at one point seven three percent, Gold is down twelve
Speaker 1: Oil trading higher, and bigcoin is down by one point
Speaker 1: eight percent. Japan fell two point eight percent overnight, while
Speaker 1: up markets are also in the red this morning. And
Speaker 1: back in the US on the economic Frinday thirty initial
Speaker 1: jobs claims and at ten o'clock factory orders, durable goods orders,
Speaker 1: and the I s M Services Index. After develous night,
Speaker 1: cost go to summer total comp sales, missed estimates and
Speaker 1: regarding earnings this morning, look for Walgreens to report in
Speaker 1: the pre market. In deal news, VI Com, CBS and
Speaker 1: Werner Media are said to be exploring a sale of
Speaker 1: all our parts of the c w TV network and
Speaker 1: wrapping things up. Gilead was cut to equal over Morgan
Speaker 1: Stanley will Acam I was cut to neutral bred Piper
Speaker 1: live from the first Baking newsscom do Maloney care rank Phil,
Speaker 1: thank you and to hear live breaking news over her
Speaker 1: Bloomberg type squawk on your terminal s 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. President Joe Biden is planning a
Speaker 1: blistering critique of Donald Trump as he marks the one
Speaker 1: year anniversary of the January six riot at the US Capitol.
Speaker 1: President Biden will give a speech that we're warn of
Speaker 1: the dangers of misinformation and subverting democracy. The President this
Speaker 1: morning will also call on lawmakers to pass voting rights legislation.
Speaker 1: Authorities in Kazakhstan say dozens of protesters have been killed
Speaker 1: in the attacks on government buildings, and at least twelve
Speaker 1: police officers have died. Australian Open champion Nomak Djokovic has
Speaker 1: been denied entry into Australia. Federal officials over rule the
Speaker 1: state vaccine exemption for the tennis star in the NBA Kyrie,
Speaker 1: irving it his return as the Nets down, the Pacers,
Speaker 1: the Celtics, Wizards and Warriors all lost. Global news twenty
Speaker 1: four hours a day on air and on Bloomberg Quick Take,
Speaker 1: powered by more than twenty seven hundred journalists and analysts
Speaker 1: more than a hundred twenty countries. I'm Michael Barn. This
Speaker 1: is Bloomberg caarent A right, Michael Barr, Thank you. At
Speaker 1: sixty nine on Wall Street, we turned to news and
Speaker 1: science and technology Now with a Bloomberg and j I T.
Speaker 1: STEM Report. It has brought to you by New Jersey
Speaker 1: Institute of Technology, ranked in the top two percent nationally
Speaker 1: for alumni mid career earnings and number one in the nation.
Speaker 1: For student upward economic mobility. Learn more at n j I,
Speaker 1: T dot E DU now Here's just making news and science, technology,
Speaker 1: engineering and math. A team of scientists are sailing to
Speaker 1: the place in the world that's the hardest to get to.
Speaker 1: Thirty two scientists are starting a more than two month
Speaker 1: mission aboard an American research ship to investigate a glacier
Speaker 1: in Antarctica because of its importance the United States and
Speaker 1: the United Kingdom, or in the midst of a joint
Speaker 1: fifty million dollar mission to study toys the widest glacier
Speaker 1: in the world by land and see. China has recommitted
Speaker 1: itself to completing its orbiting space station by the end
Speaker 1: of the year and said it's planning more than forty
Speaker 1: launches for two putting it roughly level with the United States.
Speaker 1: The launch schedule shows out China's traditionally cautious program is
Speaker 1: increasing the cadence of its missions as it seeks to
Speaker 1: take a leading role in space exploration and Alphabet's Google
Speaker 1: has been slapped with a record French fine of one
Speaker 1: d seventy million dollars by the nation's privacy watchdog, and
Speaker 1: Facebook's Meta Platforms was also hit with a penalty over
Speaker 1: the way the companies managed cookies. Cookies are tracking devices
Speaker 1: that are placed on people's computers and as the Bloomberg
Speaker 1: and j I t Stem report Nathan, Thanks, Karen. We're
Speaker 1: live from the Bloomberg Interactive Broker studios, where it's coming
Speaker 1: up to six fifty one on Wall Street. Time out
Speaker 1: to check what's going on in d C. Some of
Speaker 1: the top stories in our nation's capital include President Biden's
Speaker 1: vaccine mandates, heading for a Supreme Court showdown, the White
Speaker 1: House looking to ramp up COVID testing against a macron,
Speaker 1: and former Fed Governor Sarah Bloom Raskin emerging as a
Speaker 1: lead contender to be the Central banks top regulator. Also
Speaker 1: making news, President Biden planning to mark the January sixth
Speaker 1: anniversary with a searing critique a former President Donald Trump.
Speaker 1: For more, We're joined by Bloomberg Government reporter Emily Wilkins. Emily,
Speaker 1: thanks for being here. Of course, the January six was
Speaker 1: a dark day for the country, and this anniversary potentially
Speaker 1: could be a pivotal one for the Biden presidency. Yes,
Speaker 1: President Biden's planning a speech this morning where he's really
Speaker 1: going to hit former President Trump We've already seen accidents
Speaker 1: from the speech saying that he's going to ask whether
Speaker 1: the America's a nation that accepts political violence as a norm,
Speaker 1: uh and one that allows partisan election officials to overturn
Speaker 1: the will of the people. Those are questions that Biden
Speaker 1: is going to be putting two people in a speech.
Speaker 1: It's one of the numerous events that are happening today
Speaker 1: at the Capitol, both from speakering Anti Bloosy and Majority
Speaker 1: Leader Chuck Schumer. We're not going to are quite as
Speaker 1: much from Republicans today. A lot of them are traveling
Speaker 1: to Georgia for the funeral for the late Senator Johnny Isaacson.
Speaker 1: But we are expecting to hear from a several lawmakers,
Speaker 1: uh Mac Date the Florida Margie tell Green of Georgia,
Speaker 1: two Republicans. Uh. They're holding night news conference that they're
Speaker 1: doing as the Republican response. So that will probably get
Speaker 1: some attention today as well. With the President putting attention
Speaker 1: on former President Donald Trump, what does that say about
Speaker 1: the strategy for the president going forward? What could the
Speaker 1: political impact be? So right now, President Biden, his ratings
Speaker 1: they're not great. Um, it sort of was downward slope,
Speaker 1: beginning with Afghanistan back in August and now continuing with
Speaker 1: concerns over omcron variants. DC guid it's the whole build
Speaker 1: back Better economic plan currently being on ice right now,
Speaker 1: and so there isn't a chance that by focusing on
Speaker 1: Trump biding can boost his boost his own readings that
Speaker 1: could be part of the strategy here. I think there's
Speaker 1: a also is it just a human element to it
Speaker 1: as well? I mean, Biden is someone who worked in
Speaker 1: the Capitol for thirty six years of his life. This
Speaker 1: is essentially equivalent for him to seeing his his own
Speaker 1: office building and his own coworkers being attacked. And we
Speaker 1: also know from the White House that the President plans
Speaker 1: to use this anniversary to sort of put a spark
Speaker 1: around voting rights legislation, to get Democrats rallying around that
Speaker 1: is their momentum for voting rights reform on Capitol Hill.
Speaker 1: There is momentum for voting rights reform, and we're going
Speaker 1: to see the President go down to Georgia a little
Speaker 1: bit later on next week and wind up we're continuing
Speaker 1: to push for voting rights. The issue is that the
Speaker 1: momentum is not enough. Uh, it's within the Democratic Party largely,
Speaker 1: it's not within the Republican Party to do move anything
Speaker 1: on that. They would need some sort of rules change
Speaker 1: that would allow Democrats to move forward without Republicans. At
Speaker 1: this point, there doesn't seem to be enough support within
Speaker 1: the Democrats party to make changes big enough for actual
Speaker 1: legislation to pass. Um Humor has been trying to get
Speaker 1: voting rights through for for months now, and multiple attempts
Speaker 1: have fell short because there aren't barely any Republicans willing
Speaker 1: to join Democrats on the reforms being proposed. Looking to
Speaker 1: the rest of what's happening in Washington, of course, the
Speaker 1: focus is going to be on the January six commemorations,
Speaker 1: but we could be right back into focusing on the
Speaker 1: pandemic tomorrow with President Biden's vaccine mandates heading to the
Speaker 1: Supreme Court. Yeah, it's a bring. Chris going to hear
Speaker 1: arguments on Friday for two different administrations rule of folks
Speaker 1: dealing with vaccines. One is requiring that companies with more
Speaker 1: than a hundred workers require those workers yet vaccinated or
Speaker 1: regularly tested as the second one requires workers for facilities
Speaker 1: preceding government healthcare funding to make sure that they are
Speaker 1: vaccinated um. Both of these could involve billions and millions
Speaker 1: of four of hers. Could it wanted to impacting the
Speaker 1: percentage of people in this country who are vaccinating and
Speaker 1: currently after years only at sixty two per cent um.
Speaker 1: Lots of questions about exactly how the Court is going
Speaker 1: to rule. We've seen them in the past knockdown things
Speaker 1: like the eviction moratoriums that's the Biden administration put in place,
Speaker 1: saying that that was overreached. At the same point, we've
Speaker 1: seen them sort of uphold the vaccine and dates at
Speaker 1: the local level against potential religious objections. So I think
Speaker 1: it remains to be seen exactly what the outcome is
Speaker 1: going to be. But this is a caste that's been
Speaker 1: expedited and certainly one that's going to be watched closely.
Speaker 1: Now we got news from the Supreme Court yesterday that
Speaker 1: all nine justices have received their booster shots. I wonder
Speaker 1: if it would be too much of a stretch to
Speaker 1: say whether that could imply where this case could be going.
Speaker 1: I mean, it's definitely an interesting detail. Of course, as judges,
Speaker 1: they are supposed to be keeping their their personal opinions
Speaker 1: and preferences out of this. To focus on the law
Speaker 1: and what's there, and this is Supreme Court that does
Speaker 1: tendally conservative at that part of that means that the
Speaker 1: courts not particularly inclined to be granting the US government
Speaker 1: powers that it doesn't have. And this will ultimately be
Speaker 1: implemented through through the Department of Labor, through OSHA and
Speaker 1: the Safety theaters, and it's really a question whether or
Speaker 1: not the law allows them to do this. All right,
Speaker 1: Bloomberg Government reporter Emily Wilkins with us this morning from
Speaker 1: the Nation's Capital. Where as we've been reporting, the focus
Speaker 1: is going to be on the commemorations marking one year
Speaker 1: since the riot the insurrection at the US Capitol. Stay
Speaker 1: with Bloomberg Radio throughout the day. We're going to be
Speaker 1: bringing you President Biden's remarks from Capitol Hill. Uh. They're
Speaker 1: scheduled for nine am Wall Street time. We will have
Speaker 1: live coverage of the President's speech that at that moment
Speaker 1: right here on Bloomberg Radio. And of course you can
Speaker 1: read more about all that's happening in the Nation's Capital
Speaker 1: on Bloomberg dot com or on the Bloomberg Minal and
Speaker 1: listen to Bloomberg Radio in Washington at Bloomberg one and
Speaker 1: one oh five point seven fm HD two. Looking ahead
Speaker 1: to the market open, uh We're seeing mixed action in
Speaker 1: the futures contracts, with SMP futures down a point right now,
Speaker 1: DAL futures up seventy. NASTAC futures are lower by seventy points.
Speaker 1: The tenure treasury is down eight thirty seconds. The yield
Speaker 1: one point seven three percent yield on the two year
Speaker 1: point eight five percent. NIMEX crude is up one point
Speaker 1: two percent, or ninety five cents at seventy eighty one
Speaker 1: of barrel comes Gold down a percent and a half,
Speaker 1: down twenty seven dollars forty cents at seventeen ninety seven
Speaker 1: seventy announced bitcoint forty two thousand, eight hundred seventy dollars.
Speaker 1: Bloomberg Surveillance up next for Karen Moscow. I'm Nathan Hager,
Speaker 1: and this is Bloomberg