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Speaker 1: News when you want it With Bloomberg News Now, I'm

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Speaker 1: Monica Ricks. President Trump is thanking the countries who help

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Speaker 1: negotiate a deal to stop the war in Gaza after

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Speaker 1: Hamas agreed today to release all remaining hostages.

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Speaker 2: I just want to let you know that this is

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Speaker 2: a very special day, maybe unprecedented. In many ways, it

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Speaker 2: is unprecedented, but thank you all, and thank you all

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Speaker 2: to those great countries that help.

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Speaker 1: This video on truth social This is a big day.

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Speaker 2: We'll see how it all turns out. We have to

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Speaker 2: get the final word down and concrete.

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Speaker 1: The President didn't provide the status of further talks yet,

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Speaker 1: but admits there's still details to be worked out, and

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Speaker 1: it's important to note that Hamas has only agreed to

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Speaker 1: some of Trump's terms. It did not mention disarming. Bloomberg

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Speaker 1: Intelligence Senior defense analyst Wayne Sanders tells us that means

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Speaker 1: the violence won't stop.

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Speaker 3: It's a military offensive that they're putting on until they

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Speaker 3: feel that that Hamas has actually come to the table

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Speaker 3: and has met those demands. So they're not going to

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Speaker 3: back off. I mean, at the most they would probably

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Speaker 3: do as they would hold the positions that they currently

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Speaker 3: have but if they are military strikes based off of

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Speaker 3: credible threat intelligence that they have of Hamas leadership. As

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Speaker 3: of right now, as at the time of this broadcast,

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Speaker 3: right they have not agreed to the twenty point plan.

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Speaker 1: Bloomberg Intelligence Senior devansa analyst Wayne standers on BusinessWeek Daily. Still,

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Speaker 1: he calls the statement a positive sign. The government's shutdown

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Speaker 1: will continue through the weekend. With the Senate's failure today

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Speaker 1: to advance a House pass funding bill to end it.

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Speaker 1: Senate Minority Leader Chuck Schumer.

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Speaker 4: Instead of trying to come to the table and negotiate

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Speaker 4: with Democrats and reopen the government, the White House and

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Speaker 4: fellow Republicans have vowed to make this a maximum pay shutdown.

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Speaker 4: They call it. Unfortunately, the maximum pain falls on the

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Speaker 4: American people, and the American people know it.

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Speaker 1: Republican Majority Leader John Thune says his party will continue

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Speaker 1: and across the aisle appeal to end the shutdown.

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Speaker 3: Hopefully over the weekend they'll have a chance to think

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Speaker 3: about it and maybe some of his conversations start to

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Speaker 3: result in something.

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Speaker 1: The Democrats are standing strong on extending healthcare tax benefits

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Speaker 1: from the Affordable Care Act. They're set to expire at

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Speaker 1: the end of the year. Employment numbers were mia today

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Speaker 1: as this shut down drags on, but we know the

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Speaker 1: US service sector stalled in September as business activity shrank

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Speaker 1: for the first time since the pandemic and orders barely expanded.

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Speaker 1: Despite that, the Dow and SMP hit fresh record highs

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Speaker 1: on Wall Street. The Dow was a half percent higher,

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Speaker 1: adding two hundred and thirty nine points. The SMP added

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Speaker 1: just a fraction of a point. The Nasdaq lost sixty

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Speaker 1: four thanks to a recent tech sell off. The ten

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Speaker 1: year Treasury yields at four point one percent, the two

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Speaker 1: year yields at three point five percent. Sean Ditty Combs

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Speaker 1: will spend the next four years in prison. A judge

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Speaker 1: sentenced the music mogual today in New York for his

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Speaker 1: prostitution related to conviction. The sentence was far less than

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Speaker 1: the eleven years the government had sought, and did include

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Speaker 1: time served since Ditty's arrest last year. China's pushing the

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Speaker 1: Trump administration to roll back national security restrictions on China.

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Speaker 1: These deals in the US. They want lower tariffs on

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Speaker 1: imports and exchange for more investments in the US. The

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Speaker 1: White House is cutting off infrastructure funding to another big city.

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Speaker 1: First canceling eighteen billion dollars for projects in New York

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Speaker 1: to pressure Democrats to end the shutdown, and now the

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Speaker 1: White House is withholding another two billion for approved rail

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Speaker 1: projects in Chicago. Budget director Russ's vote, writing on social media,

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Speaker 1: it's to quote and shore funding is not flowing via

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Speaker 1: race based contracting. It's also considering action against Portland. Apple

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Speaker 1: has removed an app called ice Block that flags ice sightings.

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Speaker 1: That move follows pressure from the Trump administration to remove it,

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Speaker 1: citing safety concerns for its immigration agents. Before it was

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Speaker 1: taken down, though the app developer said it had over

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Speaker 1: a million users. Taylor Swift's latest album, The Life of

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Speaker 1: a Showgirl, is now officially the most streamed album of

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Speaker 1: all time. That's according to Amazon Music. Spotify also says

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Speaker 1: it broke records on its platform, and Apple Music says

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Speaker 1: the album holds the record for biggest of twenty twenty

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Speaker 1: five by first day streams worldwide across the country. Special

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Speaker 1: screenings of the official release party of a Showgirl is

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Speaker 1: in select theaters and fans are going nuts. Bridget Hayden

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Speaker 1: watched it in New York amazing it was amazing.

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Speaker 3: I thought it was gay. The album like the credit

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Speaker 3: it deserved. All the music video is amazing and just

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Speaker 3: her description of all.

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Speaker 1: The song this is really special. Select AMC theaters will

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Speaker 1: be showing screenings throughout the weekend. And that's news when

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Speaker 1: you want it with Bloomberg News. Now, I'm Monica Rix

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Speaker 1: and this is Bloomberg