Speaker 1: Live from the Bloomberg Interactive Brooker Studios. This is Bloomberg
Speaker 1: day Break for Wednesday, March two. Coming up this hour,
Speaker 1: questions this morning over Russia has promised to scale back
Speaker 1: military operations. The January six Committee discovers big gaffs and
Speaker 1: former President Trump's phone blogs, US future slump after four
Speaker 1: straight days of games, and hackers pull off one of
Speaker 1: the biggest crypto heist ever. Three Buffalo police officers were shot.
Speaker 1: Plus the White House swam block President Trump's daughter and
Speaker 1: son in law from testifying before House Committee. Michael barn More,
Speaker 1: I'm John Stashdown Sports Kevin Durant led the Nets to
Speaker 1: victory over the Pistons, Chris Cryder and the Rangers with
Speaker 1: a road win at Pittsburgh. That's all straight ahead on
Speaker 1: Bloomberg day Break on Bloomberg eleven, Treeo, New York, Bloomberg one, Washington,
Speaker 1: d C, Bloomberg one oh six one, Boston, Bloomberg nine sixties,
Speaker 1: San Francisco, Sirius x M one nineteen and around the world.
Speaker 1: Go on Bloomberg Radio dot Com and via the Bloomberg Business.
Speaker 1: Good Morning, I'm Nathan Hager, and I'm Karen Moscow and
Speaker 1: US DOT Index futures are lower this morning. We're coming
Speaker 1: up to six o one on Wall Street, and we
Speaker 1: checked the markets every fifteen minutes throughout the trading day.
Speaker 1: On Bloomberg, U S and P future is down sixteen
Speaker 1: points this morning, down futures down on eleven Nasdack futures
Speaker 1: down sixty eight The decks in Germany's down one point
Speaker 1: four percent. Tenure treasury down one thirty second yield two
Speaker 1: point three nine percent. They yield on the two year
Speaker 1: two point three one percent. Nine x Screwed oil is
Speaker 1: up two point one percent, up two dollars twenty cents
Speaker 1: and a hundred six dollars forty eight cents of barrel,
Speaker 1: and the euro is at one point one one to
Speaker 1: six against the dollar. Nathan, all right, Karen, let's get
Speaker 1: to the latest now on the war in Ukraine. Russia
Speaker 1: is promising the scale back military operations near the capital
Speaker 1: city of Kiev and the city of Chernihiv, but there
Speaker 1: are still reports of shelling in both areas. President Biden
Speaker 1: was asked where the heath thinks the war is ending
Speaker 1: or if Russia is just buying time. We'll see. I
Speaker 1: don't read anything into it until I see what their
Speaker 1: actions are. We'll see if they follow through and with
Speaker 1: their suggesting, the President bide and spoken the news conference
Speaker 1: with the Prime Minister of Singapore. Ukrainian President Vladimir Zolenski
Speaker 1: also has his doubts. We can say that the signals
Speaker 1: we hear from the talks are positive, but these signals
Speaker 1: can't silence the explosions of Russian shells. President Zelenski says
Speaker 1: there are grounds not to trust Russia. A regional governor
Speaker 1: says the city of Chernihill was shelled all night despite
Speaker 1: Russia's promises. The U n says more than four million
Speaker 1: refugees have now fled Ukraine. That is nearly ten percent
Speaker 1: of the population. Meantime, back in the US, Nathan new
Speaker 1: Revelations tide of last year's attack on the capitol. There
Speaker 1: are more than seven hours of gaps in White House
Speaker 1: telephone logs from the afternoon at January six, and those
Speaker 1: gaps coincide at the same time protesters swarmed the US capital.
Speaker 1: Amy Morris has details from our Bloomberg ninety one one
Speaker 1: newsroom in Washington. The committee investigating the insurrect should found
Speaker 1: a big gap from a little after eleven am to
Speaker 1: about seven pm in the logs provided by the National Archives,
Speaker 1: but there is evidence that the President did talk with
Speaker 1: people inside the Capitol that day, including Kevin McCarthy, Jim Jordan's,
Speaker 1: and Mike Pence calls that don't show up on the
Speaker 1: White House logs. Now the committee is trying to determine
Speaker 1: it the President bypassed the White House system by using
Speaker 1: a burner phone or his AIDS cell phones in Washington.
Speaker 1: I'm maybe more as Bloomberg Daybreak. Okay, Amy, thanks. Let's
Speaker 1: take a look at markets now, Beginning with treasuries. The
Speaker 1: tenure yield briefly dropped below it's two year equivalent yesterday
Speaker 1: for the first time since That inversion is leading to
Speaker 1: growing calls about the likelihood of a US recession, but
Speaker 1: Aaron Brown at PIMCO says those concerns may be premature.
Speaker 1: It has been a good predictor in the past that
Speaker 1: recession is coming, but I don't think that really tells
Speaker 1: you anything new. We knew that we're a late cycle,
Speaker 1: and typically the yield curban verse and then it takes
Speaker 1: anywhere from a twenty four months to actually move into
Speaker 1: a recession. So we're still quite a ways out until
Speaker 1: potentially we're going to enter into a recession. Tim Co
Speaker 1: fund manager and Brown says it is more critical to
Speaker 1: look at why the yield curve is inverting. Meantime, all
Speaker 1: eyes are on the Fed, and we will hear more
Speaker 1: from the Central Bank later today. Tune in for an
Speaker 1: exclusive interview with Richmond Fed President Tom Barkin. That's coming
Speaker 1: up at ten thirty am Wall Street Time on Bloomberg
Speaker 1: Radio and television. When it comes to stocks, Nathan, we're
Speaker 1: coming off four straight days of games. The S and
Speaker 1: P five hundred closed above the forty six hundred level
Speaker 1: for the first time since mid January. Right now, it's
Speaker 1: down just three percent from an all time high. Looka Paulini,
Speaker 1: as chief strategist at Pick ten Asset Management, Marcus were
Speaker 1: significantly were sold for the number of reasons. Of course,
Speaker 1: the word in Ukraine, the federal reserves, weekend data, and
Speaker 1: now everything seems to be not as bad as it was,
Speaker 1: and so I think that there is this kind of
Speaker 1: sort of relief friendly Luca Paolini, I picked ted as
Speaker 1: that management says despite the rally, he remains cautious. We're
Speaker 1: also hearing caution from Bank of America here and It's
Speaker 1: analysts warn that eleven Surgeon stocks over the past two
Speaker 1: weeks has the hallmarks of a bear market rally, and
Speaker 1: it might give way to deeper losses. We get the
Speaker 1: details from Bloomberg's Charlie Pellett. Those analysts say warning signs
Speaker 1: are flashing for a market that has climbed despite clearly
Speaker 1: weaker fundamentals, including a Federal Reserve bent on raising rates
Speaker 1: sharply this year to battle persistent inflation. The strategists caution
Speaker 1: that the sell off that took the SMP five hundred
Speaker 1: twelve percent from its January record is not over, and
Speaker 1: sharp rallies are typical of volatility and bear markets, with
Speaker 1: some of the biggest on record occurring in the throes
Speaker 1: of the dot com meltdown and the global financial crisis
Speaker 1: in New York. Charlie Pellet Bloomberg day break. All right, Charlie,
Speaker 1: thank you, and let's look at some stocks that are
Speaker 1: moving this morning. Shares a Lulu lemon Or up seven
Speaker 1: and a half percent. In early training, the athletic ware
Speaker 1: retailer delivered a sales forecast that beat estimates. Micron shares
Speaker 1: are out more than four percent, the largest US memory
Speaker 1: chip maker gave an upbeat forecast to sign that demand
Speaker 1: remains strong from data center customers, and on the flip side,
Speaker 1: shares of Chewy are down fourteen. The online retailer of
Speaker 1: pet care products, put out of forecast that fell short
Speaker 1: of estimates. Cryptocurrencies are also in focus this morning, Karen,
Speaker 1: after what is being called one of the biggest crypto
Speaker 1: attacks ever, and it wasn't discovered for almost a week.
Speaker 1: Let's get the details live from Bloomberg's We Need a
Speaker 1: Young Good morning, Gredita, Good morning, Nathan. Hackers stole about
Speaker 1: six hundred million dollars from a blockchain network connected to
Speaker 1: the popular Axie Infinity online game. They drained what's known
Speaker 1: as the Ronan bridge of close to one seventy four
Speaker 1: thousand ether and almost thirty million U s DC tokens.
Speaker 1: The so called bridge lets people convert tokens into ones
Speaker 1: that can be used on another network. The blockchain that
Speaker 1: supports Axie Infinity says the breach happened in March twenty three,
Speaker 1: but was just a discovered yesterday. This attack is the
Speaker 1: latest to show how bridge attacks and hacks can threaten
Speaker 1: the ecosystem of decentralized apps live in New York. I'm
Speaker 1: re need a young Bloomberg daybreak, all right, we need
Speaker 1: a thanks checking bitcoin right now. It's lower on the session,
Speaker 1: trading around forty seven thousand, three hundred dollars. This is Bloomberg.
Speaker 1: It sounds six o seven on Wall Street. We're in
Speaker 1: thirty degrees in Central Park, still dealing with an accident
Speaker 1: that's got the upper level. The Arizono Bridge closed. Heading
Speaker 1: into Staten Island. The tails coming up with traffic first.
Speaker 1: Michael bar with more on what's going on in New
Speaker 1: York and around the world. Michael, thank you very much. Nathan.
Speaker 1: It was a wild scene up in Buffalo. Three police
Speaker 1: officers were hit by gunfire after a motorist fled a
Speaker 1: traffic stop and led them on a chase through the
Speaker 1: city's streets. The suspected gunman was firing at officers from
Speaker 1: the vehicle authorities. Officers shot and wounded the driver at
Speaker 1: an intersection in front of a police station. Buffalo Mayor
Speaker 1: Byron Brown a very very dangerous situation, and we are
Speaker 1: very thankful that two suspects involved in this situation are
Speaker 1: in police custody. Mayor Brown says none of the officers
Speaker 1: injuries resulted in life threatening moments, and no civilians on
Speaker 1: the street were hit by the flying bullets. Police said
Speaker 1: the suspect it was shot was undergoing surgery. The White
Speaker 1: House were not blocked former President Donald Trump's daughter and
Speaker 1: son in law of Anka Trump and Jared Kushner from
Speaker 1: testifying to the House committee investigating the January sixth Capitol riot.
Speaker 1: White House spokeswoman Kate Beddenfield says the constitutional protections of
Speaker 1: executive privilege should not be used to shield from Congress
Speaker 1: or the public information about an attack on the constitution itself.
Speaker 1: Kushner is expected to appear voluntarily before the committee this week.
Speaker 1: A team of US airplane accident investigators and technical experts
Speaker 1: could add to China as soon as this week to
Speaker 1: help unravel the mysterious crash of the Boeing seven thirty
Speaker 1: seven jet earlier this month. All one two people on
Speaker 1: board the China Eastern jet were killed. President Joe Biden
Speaker 1: signed a law making lynching a federal hate crime. The
Speaker 1: President said of racial hate isn't an old problem, It's
Speaker 1: a persistent one. Hate never goes away. It only hides,
Speaker 1: It hides under the rocks. Given just a little bit
Speaker 1: of oxygen. It comes roaring back out, screaming President Biden.
Speaker 1: An American astronaut who spent nearly a year on the
Speaker 1: International Space Station is coming back to a world that
Speaker 1: has seen some dramatic changes. Mark Vanda High will be
Speaker 1: returning to Earth, and for a time it wasn't clear
Speaker 1: that the Russians would give him a ride home because
Speaker 1: of the war in Ukraine. Before departing the International Space Station,
Speaker 1: Russian cosmonaut Anton scarpul Off talked about continued cooperation in space.
Speaker 1: People have problem on us on orbit. Yeah, like, uh,
Speaker 1: you're not like one crew, they are dudes and like
Speaker 1: end in Kazakhstan. This morning Global News twenty four hours
Speaker 1: a day on air and on Bloomberg Quick Take, powered
Speaker 1: by more than seven hundred journalists and analysts and more
Speaker 1: than a hundred twenty countries. And Michael Vard this is Bloomberg, Nathan,
Speaker 1: Thank you, Michael. Just about six ten on Wall Street.
Speaker 1: Time for the Bloomberg Sports Update with John Stanhower. All right, Nathan,
Speaker 1: Regular seasons winding down playoff positions. Being Jockey four, Rangers
Speaker 1: would love to have home ice advantage in the first round.
Speaker 1: They only lost six regulation home games all season. They're
Speaker 1: battling with Pittsburgh. They beat the Penguins three to to
Speaker 1: move one point ahead. Frank Pctronto Braden Schnyder scored in
Speaker 1: the second period that Chris Dryder early in the third
Speaker 1: forty fifth goal of the season for Cryder. The Islanders
Speaker 1: won four three at Columbus. The Nets had to come
Speaker 1: from behind and Brooklyn, but they beat Detroit one thirty three.
Speaker 1: Kevin Durant scort forty one point at the Garden and
Speaker 1: I T semifinal wins for Xavier and Texas A and M.
Speaker 1: They'll play tomorrow of the champion chip. Could be the
Speaker 1: last n I T game in New York, at least
Speaker 1: for a while. Until last year, the tournament always ended
Speaker 1: at MSG. Now they're gonna move it around to other
Speaker 1: cities and Lorida tend not to win for the Mets
Speaker 1: of the Marlins. Another home run for Francisco Lindor. Disappointment
Speaker 1: in his first season as the Mempanies at four home
Speaker 1: runs in twenty spring training at bask Yankees fourteen to
Speaker 1: two over the Phillies. Fourth homer for Kyla Gasca Yoka.
Speaker 1: Head of val Commissioner Roger good Elm at the media
Speaker 1: at the owners meetings in Palm Beach. Asked about the
Speaker 1: league possibly suspending quarterback to Shawn Watson, who is still
Speaker 1: facing twenty two civil lawsuits of sexual misconduct. You know,
Speaker 1: these are serious chargers that we're looking at this seriously. Um.
Speaker 1: We now have obviously at least resolution from the criminal
Speaker 1: side of it. Obviously there's still civil charges that we're
Speaker 1: going on, so ours is hopefully we'll have access to
Speaker 1: more information. Watson was recently traded to Cleveland, where he
Speaker 1: got a massive new contract. Johns Dashwart Bloomberg Sports thanks
Speaker 1: shown red headline crossing the Bloomberg terminal. The Kremlin reports
Speaker 1: no breakthrough in Ukraine, tucks and says much work remains.
Speaker 1: The latest on the war. Next with Bloomberg's Rosalin mathis
Speaker 1: and this is Bloomberg. Bloomberg Day Break brought to you
Speaker 1: by ancient accountants and advisors. Challenging times call for proactive
Speaker 1: advisors who helped minimize taxes, increase ash flow, and create
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Speaker 1: com markets, headlines and breaking news twenty four hours a
Speaker 1: day at Bloomberg dot Com. The Bloomberg Business Outland at
Speaker 1: Bloomberg quick tape. This is a Bloomberg business flash and
Speaker 1: I'm camer in Moscow. US DOT index futures are lower
Speaker 1: this morning amid mornings at gains of the past two weeks,
Speaker 1: at the hallmarks of a bear market rally, and concerns
Speaker 1: at the treasury curve signals a looming recession. We checked
Speaker 1: the markets every fifteen minutes throughout the trading day on
Speaker 1: Bloomberg Guess and P futures down twenty points down, features
Speaker 1: down a hundred twenty eight and NAZDAC futures down ninety five.
Speaker 1: The decks in Germany's down one and a half percent.
Speaker 1: The ten year treasury down three thirty seconds yield two
Speaker 1: point four zero percent. They yield on the two year
Speaker 1: two point three two percent. Nine max Screwed oil is
Speaker 1: up about two percent or two dollars three cents at
Speaker 1: a hundred six dollars twenty five cents of barrel. Comic
Speaker 1: schooled that four tenths percent or seven dollar sixty cents
Speaker 1: at nineteen twenty five sixty announced the euro one point
Speaker 1: one one to nine against the dollar. British found one
Speaker 1: point three one four four. The yen has at one
Speaker 1: d twenty one point eight eight and bitcoin this morning
Speaker 1: moving lower down half percent at forty seven thousand, two
Speaker 1: hundred sixty dollars. BioNTech says it plans a share of
Speaker 1: buy back of as much as one and a half
Speaker 1: billion dollars and will propose a special dividend for during
Speaker 1: some of the profits from its best selling COVID nineteen
Speaker 1: vaccine too shareholders. That's a Bloomberg business flash. Now here's
Speaker 1: Michael Barrow with more on what's going on around the world.
Speaker 1: Muddel Karen, thank you very much. Russia's pledge to scale
Speaker 1: backs and military operations in Ukraine is drawing skepticism. Ukrainian
Speaker 1: President Volodair Zelenski said there was no reason to believe
Speaker 1: Russia's announcement that it would reduced military activity near the
Speaker 1: capital of Kiev given what's happening on the ground. Thousands
Speaker 1: have died and the u N Refugee Agency says more
Speaker 1: than four million Ukrainians have led the country. A green
Speaker 1: light has been given to a second booster shot of
Speaker 1: the MODERNA and fires your vaccines for Americans over fifty
Speaker 1: and the immune compromised. The decision comes as there's concerned
Speaker 1: over a new COVID nineteen variant. In the NBA, the
Speaker 1: Nets one, the Wizards lost. In the NHL, the Rangers
Speaker 1: and Islanders won, the Bruins lost. Global News twenty four
Speaker 1: hours a day on air and on Bloomberg Quicktake, powered
Speaker 1: by more than twenty seven hundred journalists and analysts in
Speaker 1: more than one d twenty countries. Michael Barr and this
Speaker 1: is Bloomberg all right, Michael, Thanks, six nineteen on Wall
Speaker 1: Street Live from the Bloomberg Interactive Brokers studios. This is
Speaker 1: Bloomberg Daybreak, and we're joined now by Bloomberg News Executive
Speaker 1: editor for International Government, Rosalind Matheson. Just as we're hearing
Speaker 1: from the Kremlin after yesterday's talks with Ukraine. In turn,
Speaker 1: the headline this morning from spokesman Dmitri Pescalf, Russia doesn't
Speaker 1: observe any breakthrough in Ukraine talks and a lot of
Speaker 1: work remains to be done. Riz It seems like this
Speaker 1: is just adding to the whipsite effect. Well, that's right,
Speaker 1: but in fact, yesterday when they had these talks in Istanbul,
Speaker 1: they came away with no great progress at all. There
Speaker 1: wasn't even a temporary ceased far that was announced. There
Speaker 1: had been hopes going into the talks that that could happen,
Speaker 1: and they actually ended a day early. After that first
Speaker 1: round of discussions, it seems it was mostly an exercise
Speaker 1: in each side getting to put out their positions on
Speaker 1: the table again, indicate where their red lines were for
Speaker 1: any sort of further discussion around a potential peace steal,
Speaker 1: and leave again. So it's it's pretty much stating the
Speaker 1: obvious by the Kremlin that there was no breakthroughs here. Certainly, Also,
Speaker 1: their announcement yesterday that they were going to deescalate around
Speaker 1: Kiev was nothing new, because that just reflects the events
Speaker 1: on the ground that have been happening the past few weeks. Already,
Speaker 1: Russia has been very bogged down there. Their troops have
Speaker 1: been stuck and so they have made a tactical decision
Speaker 1: to withdraw there, to to divert those resources to other
Speaker 1: plates places in Ukraine, particularly in the east and the south,
Speaker 1: and we group in the conflict. So it wasn't really
Speaker 1: a magnanimous gesture to allow space for peace talks. There
Speaker 1: was a reflection of the reality of the war on
Speaker 1: the ground of nothing else, and even as Russia has
Speaker 1: said that it does plan to the escalate. We're hearing
Speaker 1: reports from Ukrainian leaders that near the cities where Russia
Speaker 1: says it will pull back Kiv in turnitive, there's been
Speaker 1: continued shelling in the overnight hours. Where do things go
Speaker 1: from here now rise, Well, that's right, there was indeed
Speaker 1: overnight shelling in both those places um and fighting on
Speaker 1: the ground. The fighting could reflect the troops as they
Speaker 1: withdraw that you can be engaged in in conflict even
Speaker 1: as you are pulling back and possibly to the Yelloous
Speaker 1: border and three. But it's also again just giving themselves
Speaker 1: cover to divert some of those resources to the east.
Speaker 1: You've seen very heavy shelling in parts of the east
Speaker 1: and the south overnight no let up again for the
Speaker 1: city of Mariopoorl, but also in those separatist areas of
Speaker 1: the Dombas territories in the east. So you can see
Speaker 1: that there's not going to be no perhaps the escalation
Speaker 1: of the shelling that's been going on of these cities.
Speaker 1: Even if the troops do you pull back their ground,
Speaker 1: that Russia is going to sustain the pressure and that's
Speaker 1: probably also to ensure that Ukraine has no leeway to
Speaker 1: divert its troops over to the east. In the south,
Speaker 1: you need to keep some pressure on in the north
Speaker 1: to prevent Ukraine having the opportunity to move their troops
Speaker 1: around as well. You mentioned the talks that were planned
Speaker 1: for today apparently are canceled. Now we just heard from
Speaker 1: Dmitri Pascal at the Kremlin saying a lot of work
Speaker 1: does remain to be done. Do we have any sense
Speaker 1: at this point that there will be further discussions and
Speaker 1: what could they entail. Well, at least there seems to
Speaker 1: be in intent to keep the conversation going. There was
Speaker 1: no date set though for further talks, and perhaps they
Speaker 1: might be going back to having video conferencing meetings every
Speaker 1: day for now instead. At least they got perhaps a
Speaker 1: bit of a measure of each other in the conversation yesterday.
Speaker 1: Ukraine got the opportunity to set out the small areas
Speaker 1: of wiggle room it might be prepared to entertain in
Speaker 1: a broader conversation and laid out some markers there. Russia
Speaker 1: did the same, but you can see the obstacles are
Speaker 1: very significant to a broader piece. Still, if they failed
Speaker 1: even to get a temporary Cisfar yesterday. That has to
Speaker 1: be the first step really is to get a temporary
Speaker 1: truth in the fighting. You allow the space for a
Speaker 1: conversation then for a broader deal. And they can't even
Speaker 1: get to that first marker as yet in our last
Speaker 1: minute here. Not the least of which for the hurdles
Speaker 1: with the talks seems to be the trust gap that
Speaker 1: Ukraine has with Russia. Do we have any sense of
Speaker 1: what it would take for Ukraine to trust Russia after
Speaker 1: all the renegging that the Russian side has done even
Speaker 1: before the invasion. Well, it seems that Ukraine wants to
Speaker 1: lay at a position where it wouldn't have to trust Russia.
Speaker 1: It will have the support of other nations, a sort
Speaker 1: of a guarantee of sorts to keep Russia in its
Speaker 1: lane going forward. And that's why it's looking to a
Speaker 1: whole host of countries around the world, possibly a dozen
Speaker 1: of them, to sign up for written security guarantees for Ukraine,
Speaker 1: so that if Russia says or does certain things, they've
Speaker 1: got support from the international community. Of course, that would
Speaker 1: probably still stop short of putting troops on the ground
Speaker 1: in Ukraine, but that sort of that really sends a signal.
Speaker 1: Ukraine says, We're not going to be able to trust
Speaker 1: Russia no matter what they say, and we're going to
Speaker 1: need these guarantees from elsewhere to ensure that Russia behaves itself.
Speaker 1: Thank you, as always for keeping us up to speed.
Speaker 1: Rosalind mathieson Bloomberg News, Executive editor for International Government and
Speaker 1: again reiterating the headline from the Kremlin this morning, It's
Speaker 1: spokesman Dmitry Peskov says that Russia does not observe any
Speaker 1: breakthrough in talks with Ukraine and a lot of work
Speaker 1: remains to be done. SMP Future is now down sixteen
Speaker 1: points to our futures down a hundred nastack futures lower
Speaker 1: by seventy nine points in the tenure treasury two point
Speaker 1: four percent. This is Bloomberg Bloomberg Daybreak, brought to you
Speaker 1: by the Jewish Communal Fund JCFS. Donor advised fund is
Speaker 1: the smart choice to manage our philanthropy, especially in times
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Speaker 1: on A six one to San Francisco, Bloomberg nine sixteen
Speaker 1: to the country, Sirius XM to the one nine team,
Speaker 1: and around the globe the Bloomberg Business app and Bloomberg
Speaker 1: Radio dot Com. This is Bloomberg Daybreak six thirty on
Speaker 1: Wall Street. Good morning, I'm Nathan Hagar and I'm Karen Moscow.
Speaker 1: When we're just about three hours away from the open
Speaker 1: of US trading, Let's get you up to date on
Speaker 1: the news you need to know this hour. Russia has
Speaker 1: promised to cut back military operations near two key cities
Speaker 1: in Ukraine, including the capital Kiev, but the U S
Speaker 1: And NATO have their doubts. After the latest round of negotiations,
Speaker 1: we're still seeing fighting to the north and west of Kiev,
Speaker 1: and the Kremlin says there's been no breakthrough in talks.
Speaker 1: Here's Pentagon spokesman John Kirby. We're not prepared to call
Speaker 1: us a retreat or even a withdrawal. We think that
Speaker 1: that what they probably have in mind is a repositioning
Speaker 1: to prioritize elsewhere. John Kirby at the Pentagon says air
Speaker 1: strikes on Kiev are still happening, so the threat has
Speaker 1: not radically diminished. And in Ukraine meantime, Karen, President Vladimir
Speaker 1: z Lensky also has his doubts. We are seeing all
Speaker 1: of the risks. Of course, we are not seeing grounds
Speaker 1: to trust the words coming from representatives of the country
Speaker 1: that continues fighting to destroy US. And President Zolensky says
Speaker 1: there are grounds not to trust Russia. And the regional
Speaker 1: governor says the city of Chernihiv was shelled all night
Speaker 1: this fight Russia's promises. The u N says more than
Speaker 1: four million refugees have now fled Ukraine. That's nearly ten
Speaker 1: percent of the population. I'll back here in the US night,
Speaker 1: and we have new revelations tied to the January six
Speaker 1: attack on the Capitol. The House committee investigating the insurrection
Speaker 1: has questions about former President Trump's calls that day. They've
Speaker 1: uncovered a seven hour gap in the President's phone logs.
Speaker 1: The gap covers a period when lawmakers are trying to
Speaker 1: get him to stop the mob We're also focusing on
Speaker 1: crypto this morning, Karen, after what's being called one of
Speaker 1: the biggest cryptocurrency attacks ever, and it wasn't discovered for
Speaker 1: almost a week. Let's get the details live from Bloomberg's
Speaker 1: Rnity Young. Good morning, Grenita, Good morning Nathan. Hackers stole
Speaker 1: about six hundred million dollars from a blockchain network connected
Speaker 1: to the popular Axie Infinity online game. They drained what's
Speaker 1: known as the Ronan Bridge of close to one seventy
Speaker 1: four thousand ether and almost thirty million U s DC tokens.
Speaker 1: The so called bridge lets people convert tokens into ones
Speaker 1: that can be used on another network. The blockchain that
Speaker 1: supports Axie Infinity says the breeds happened in March twenty three,
Speaker 1: but was just discovered yesterday. Lie in New York, I'm
Speaker 1: re need a young Bloomberg daybreak a right, we need
Speaker 1: to thank you, And turning to the stock market now,
Speaker 1: futures are lower after four straight days of gains. Oil
Speaker 1: is rising as optimism about a de escalation and the
Speaker 1: war in Ukraine fades and checking crewed right now and
Speaker 1: I'm ex screwed. Oil is up one percent of a
Speaker 1: dollar eighty eight at a hundred six dollars twelve cents
Speaker 1: of barrel. Brent is up one point six percent at
Speaker 1: a hundred eleven dollars nine cents S and P. Future
Speaker 1: is down sixteen points this morning. Down Future is down
Speaker 1: a hundred nasday, Futures down seventy eight. Straight ahead your
Speaker 1: latest local headlines, plus a check of sports, and this
Speaker 1: is Bloomberg. Okay, here in thanks. Six thirty three on
Speaker 1: Wall Street. Still thirty degrees in Central Park. They've cleared
Speaker 1: the accident on the Arizono Bridge. We'll check with traffic
Speaker 1: shortly on any lingering delays. First. Michael Barr has more
Speaker 1: on what's going on in New York and around the world.
Speaker 1: Good morning, Michael, Good morning Nathan. Three police officers are
Speaker 1: wounded in Buffalo after someone fled a traffic stop and
Speaker 1: lead officers on a long chase through the city and
Speaker 1: shot at them. Buffalo Police Commissioner Joseph Gramaglia one of
Speaker 1: the police vehicles being shot at. An officer was struck.
Speaker 1: Um was hit through the police vehicle windshield was struck
Speaker 1: multiple times. Um pursued continued on with the suspect vehicle
Speaker 1: continuing to shoot. Buffalo Mayor Byron Brown says two suspects
Speaker 1: are in custody. This was a very brazen situation with
Speaker 1: a suspect shooting from a vehicle at police officers. Mayor
Speaker 1: Brown says the wild chase ended at an intersection in
Speaker 1: front of a police station, where officers shot and wounded
Speaker 1: the driver. New York's Attorney General is asking a state
Speaker 1: appeals court to uphold a lower court ruling requiring former
Speaker 1: President Donald Trump to answer questions under oath A g
Speaker 1: Letitia James has a civil investigation into his business practices
Speaker 1: uncovered evidence that he may have misstated the value of
Speaker 1: assets like golf courses and skyscrapers on financial statements for
Speaker 1: more than a decade. President Biden signed into law the
Speaker 1: Emmett Till Anti Lynching Act, which makes lynching a federal
Speaker 1: hate crime. During remarks at the bill signing ceremony at
Speaker 1: the White House Rose Garden, the President said, Hey, it
Speaker 1: never goes away. It just hides Gracia. He isn't an
Speaker 1: old problem, It's a persistent problem. Till, who was fourteen
Speaker 1: from Chicago, was lynched while on a trip to Mississippi
Speaker 1: in nineteen Israeli officials say at least five people have
Speaker 1: been killed by a Palestinian gunman who opened fire in
Speaker 1: a crowded city outside Tel Aviv. The shooter was killed
Speaker 1: by police at the scene. California Governor Gavin knew Some
Speaker 1: block parole for Charles Manson follower Leslie van Houghton, reversing
Speaker 1: a panel's recommendation that she be freed after spending a
Speaker 1: half century in prison. Van Outen, who is seventy two,
Speaker 1: is serving a life sentence for helping Manson and other
Speaker 1: cult members kill a Los Angeles grocer and his wife
Speaker 1: in nineteen sixty nine. Global News twenty four hours a
Speaker 1: day on air and on Bloomberg Quick Tank, powered by
Speaker 1: more than twenty seven hundred journalists and analysts more than
Speaker 1: a hundred twenty countries. Michael Barr and this is Bloomberg. Nathan,
Speaker 1: Thanks Michael. Six thirty five on Wall Street Time for
Speaker 1: the Bloomberg Sports Update with John Stashallen Nathan on the
Speaker 1: three Rangers have scored fifty goals in the season. Vic
Speaker 1: Hatfield back in nineteen seventy two, Adam Grays and the
Speaker 1: Stanley kept winning four season and Yarmur Yager two thousand
Speaker 1: and six. He's got the club record of fifty four.
Speaker 1: Chris Stryder scored last night. He's got forty five goals.
Speaker 1: There are still fifteen games left. Big win for the
Speaker 1: Blue Shirts three two in Pittsburgh. They move ahead of
Speaker 1: the Penguins in the second place in the division. Islanders
Speaker 1: won four three at Columbus, the nets first home win
Speaker 1: that included Kyrie urry. They came from behind beat Detroit
Speaker 1: one three Cavinaants, but forty one points is good. But
Speaker 1: they still got provs over there. And tonight a shots.
Speaker 1: You know, they start off the game again. Six three
Speaker 1: is in the first quarter. They give you a lot
Speaker 1: of confidence as a team, you know, So we had
Speaker 1: to uh just go for us to go from periods
Speaker 1: like that will be times in the playoffs. Team get
Speaker 1: hunt unexpectedly and see how weather storms like the Nets
Speaker 1: will be in the play in for the right to
Speaker 1: be in the playoffs. Next tonight host Charlotte Nick's going
Speaker 1: for a fifth grade win at the Garden. N i
Speaker 1: T semifinal wins for Texas A and M and Xavier,
Speaker 1: who fired its coach during the n i T. The
Speaker 1: two teams played tomorrow for the championship. The NFL and
Speaker 1: an effort to downplay the importance of winning the coin
Speaker 1: flip that starts overtime, changing its overtime rules at least
Speaker 1: for the playoffs. No longer will a touchdown win you
Speaker 1: the game. Both teams will now be assured of a
Speaker 1: possession safety. Jabrill Peppers leaving the Giants, he signed with
Speaker 1: the Patriots coming off at torn A c l Well
Speaker 1: Tiger Woods play the upcoming Masters fourteen months after the
Speaker 1: car accident. Tigers played in eighteen whole practice round ed Augusta,
Speaker 1: Nashville with Justin Thomas, the Tiger's son, John Stash Edward
Speaker 1: Bloomberg Sports didn't all right? John? Thanks sixty seven on
Speaker 1: Wall Street Time now to take a look at stocks,
Speaker 1: some of the names moving in the pre market. For that,
Speaker 1: we're joined by Bloomberg's Laura, Right, Laura, quite a few
Speaker 1: stocks moving this morning and earnings. Where do you want
Speaker 1: to start? Micron Technology rallying three and a half percent
Speaker 1: ahead of the bell after a positive after ours move
Speaker 1: as well. Now it's the largest US maker of memory chips,
Speaker 1: and they forecast a record fiscal twenty two years. They
Speaker 1: focus on memory chips which are used in a variety
Speaker 1: of products, and that includes data centers, where sales soword
Speaker 1: six last quarter, and this demand for memory chips it
Speaker 1: compensates for a flatlining of PC shipments as this part
Speaker 1: of the business is decelerating. Many customers already upgraded their
Speaker 1: computer devices over the pandemic, important news given the chips
Speaker 1: shortage I've been dealing with over the last few months.
Speaker 1: They're also seeing a big move in Lulu lemon trading
Speaker 1: this morning. We are one of my favorite brands of
Speaker 1: premium at leisure Maker. It is a big fan of
Speaker 1: the leggings at seven point in the pre market right now,
Speaker 1: coming out with the sales forecast for the current quarter
Speaker 1: and year that's surpassed estimates, and interestingly, Lulu lemon oounced
Speaker 1: a one billion dollar share buyback program. Demand has been
Speaker 1: robust since the pandemic, where a lot of us have
Speaker 1: maintained those lifestyle changes. We're working from home, we're outside more.
Speaker 1: Are you a big fan of pet stacks? And I
Speaker 1: see Chewy's not doing so well after it's earnings. I
Speaker 1: don't have a dog yet, but it's sad to say,
Speaker 1: even if I purchased this one, it probably wouldn't help
Speaker 1: the situation that Chewi is going through right now. I mean,
Speaker 1: it's just a case of comps being so tough. Chewy
Speaker 1: down before the bell. Comps are really tough because actually
Speaker 1: sales for the period still up seventeen year over year,
Speaker 1: but again they missed the analyst forecasts. Yeah, and speaking
Speaker 1: of I guess consumer discretionary. What's going on with our Age,
Speaker 1: the furniture maker. Well, our Age is remounding in the
Speaker 1: pre market, it's up almost five percent, but they, like Chewy,
Speaker 1: missed sales estimates. And it's a common theme right the
Speaker 1: macro picture, presenting uncertainties with inflation, the cost of li being,
Speaker 1: rising interest rates, the war in Ukraine, and they commented
Speaker 1: that these factors have softened demand in the current quarter,
Speaker 1: but they are vouching for a three to one stock
Speaker 1: split which is set to take place in the spring.
Speaker 1: Now it's still the supply chain issues certainly haven't gone away.
Speaker 1: Laura right, Bloomberg News. As always, thanks for keeping us
Speaker 1: up to speed on what is happening in individual trades
Speaker 1: in the pre market. As we take a look at
Speaker 1: stocks as a whole ahead of this Wednesday morning open,
Speaker 1: futures are pointing to a lower open, with SMP futures
Speaker 1: down fifteen points now down futures are down ninety NASDAC
Speaker 1: futures they're lower by seventy three points also seeing declines
Speaker 1: in European stocks, with the decks in Germany down one
Speaker 1: point four percent and the cat in Paris down nine
Speaker 1: tenths of one percent. Ten Your treasury is down three
Speaker 1: thirty seconds, with the yield two point four zero percent.
Speaker 1: Yield on the two year two point three two per cent.
Speaker 1: After the brief inversion yesterday, Nimex crude is up to
Speaker 1: per cent or two dollars eleven cents at a hundred
Speaker 1: six dollars thirty five cents of barrel coll macs gold
Speaker 1: at even announced. That's a gain of four tenths of
Speaker 1: one percent in the euro right now one point one
Speaker 1: one two three against the dollar. Stay with us, we'll
Speaker 1: get the latest from the nation's capital the reaction from
Speaker 1: the US to Russia's claims of de escalation. Bloomberg eleven
Speaker 1: three oh weather cloudy today, Showers possible this afternoon with
Speaker 1: highs near fifty degrees, could hit seventy with more afternoon
Speaker 1: showers tomorrow. It'll turn partly sunny, breezy, upper fifties by Friday,
Speaker 1: thirty degrees Right now, Markets headlines and breaking news twenty
Speaker 1: four hours a day at Bloomberg dot Com. The Bloomberg
Speaker 1: Business Out and at Bloomberg Quick Tape, he's a Bloomberg
Speaker 1: Business Flash and I'm Karen Moscow futures are lower this morning.
Speaker 1: Let's go to the first word breaking news dance for
Speaker 1: today's morning call. Here's Bill Maloney. Bill, good morning, Hey,
Speaker 1: good morning, Karen. That's right. US futures are in the
Speaker 1: red right now at Dow futures down eighty nine points
Speaker 1: s to B drop thirteen will. Nasdaq futures are off
Speaker 1: by sixty five. He was a ten year old at
Speaker 1: two point four one percent. Gold is a little changed,
Speaker 1: Oil is trading higher, but bitcoin is down by half
Speaker 1: a percent. Hong Kong rose one point four percent overnight,
Speaker 1: while Europa markets are in the red this morning and
Speaker 1: back in the US on the Economic funda a DP
Speaker 1: employment change and at a thirty the U s Q
Speaker 1: four GDP. After the Bill US night, Micron gave a
Speaker 1: strong's forecast. Lu Lemon gave an optimistic sales outlook, but
Speaker 1: rh revenue missed estimates. Regarding earnings this morning, look for
Speaker 1: a paychecks to report in the pre markets and wrapping
Speaker 1: things up Banking New York, Mellon was cut to neutral
Speaker 1: at Goldman Sachs and r H was raised to buy
Speaker 1: over at Jefferies Live from the first Breaking news discom
Speaker 1: Bill Maloney caer orry, Bill, thank you to here live
Speaker 1: breaking news. Over your Bloomberg type squalk on your termin
Speaker 1: I'll ask you a w U K and that's a
Speaker 1: Bloomberg business flash. Now here's Michael Barrow with more on
Speaker 1: what's going on around the world. Michael Arin, thank you
Speaker 1: very much. Despite a pledge from Russia to scale back
Speaker 1: some military operations in Ukraine, the war rages on just
Speaker 1: outside of Kiev. Meanwhile, the Kremlin says there was no
Speaker 1: breakthrough in peace talks and much work remains. Peace talks
Speaker 1: between Ukrainian and Russian officials were expected to continue today
Speaker 1: in the sten Bull but Turkey's foreign ministers says the
Speaker 1: two sides have returned home for consultations. Israeli officials say
Speaker 1: at least five people have been killed by a Palestinian
Speaker 1: gunman who opened fire in the crowded city outside Tel Aviv.
Speaker 1: The shooter was killed by police at the scene. In
Speaker 1: the NBA, the Nets one, the Wizards lost. In the NHL,
Speaker 1: the Rangers and Islanders won, the Bruins lost. Global News
Speaker 1: twenty four hours a day on air and on Bloomberg Quicktake,
Speaker 1: powered by more than twenty seven hundred journalists and analyst
Speaker 1: more than a hundred twenty countries. Michael Barr and this
Speaker 1: is Bloomberg. It was head back to Karen. All right,
Speaker 1: Michael Barr, thank you. It is sixty nine on Wall Street.
Speaker 1: We turned to news and science and technology now with
Speaker 1: the Bloomberg and j I T STEM report brought to
Speaker 1: U buy New Jersey Institute of Technology n j I
Speaker 1: T makes industry ready engineers and more than twenty fields.
Speaker 1: If it's engineering is an n j I T. Learn
Speaker 1: more at nj I T dot E d U And
Speaker 1: now here's it's making News and science, technology, engineering and math.
Speaker 1: Slam By the long running chip shortage and surging materials prices,
Speaker 1: global automakers are now facing a new threat, lockdowns in
Speaker 1: some of China's biggest cities. Toyota and Volkswagen suspended production
Speaker 1: at four Plants and Change Chun more than two weeks ago,
Speaker 1: and the city was plunged into lockdown to contain a
Speaker 1: COVID outbreak. They say it's unclear when workers will be
Speaker 1: able to return. That follows a near two weeks shutdown
Speaker 1: of factories and teen gin during an outbreak in January.
Speaker 1: Goleman Snacks plans a full return to its offices in
Speaker 1: Hong Kong starting in the middle of next month. The
Speaker 1: firm is starting with a split team arrangement. The entire
Speaker 1: staff will be back starting April fourteen. Hong Kong has
Speaker 1: begun easing coronavirus restrictions as a number of cases decline,
Speaker 1: and it's one of the biggest cryptocurrency attacks ever. How
Speaker 1: Girl stole about six hundred million dollars from a blockchain
Speaker 1: network connected to the popular Axie Infinity online game. They
Speaker 1: targeted what's known as the Ronan Bridge and drained ether
Speaker 1: and USDC tokens and two transactions. Their breach was not
Speaker 1: discovered for six days and as a Bloomberg n j
Speaker 1: I t Stem report. Nathan Okay, Karen Thanks. We're live
Speaker 1: from the Bloomberg Interactive Broker Studios or at six fifty
Speaker 1: on Wall Street Time now to check what's going on
Speaker 1: in DC. Some of the top stories in our nation's
Speaker 1: capital include the US saying it doubts Russia's claims of
Speaker 1: pull back. In Ukraine said it leaders working to break
Speaker 1: an impass on Russia trade legislation and a seven hour
Speaker 1: phone blog gap in focus for the House January six
Speaker 1: Committee for more on all these stories were joined once
Speaker 1: again by Bloomberg government reporter Emily Wilkins. So, Emily, I
Speaker 1: guess the response from the U S when it comes
Speaker 1: to Russia saying it's the escalating is we'll believe it
Speaker 1: when we see it. That's basically at Nathan, I mean.
Speaker 1: President Joe Biden said yesterday that he does read anything
Speaker 1: into it at this point. He said that after a
Speaker 1: call with European leaders, sounds like everyone is on the
Speaker 1: same page. In fact, the Biden administration is now considering
Speaker 1: providing another five million for Ukraine that could be used
Speaker 1: for humanitarian and military efforts. May I have a billion
Speaker 1: dollars being considered to send over there. It doesn't sound
Speaker 1: like the Biden administration is convinced that this conflict is over,
Speaker 1: and the Pentagon was even more skeptical than Biden was
Speaker 1: going to be. Spokesman John Kirby told reporters yesterday uh
Speaker 1: that the Kremlins claims that they will that the people
Speaker 1: would be foolish to believe the Kremlin's claims that they're
Speaker 1: going to reduce attacks near Kiev uh and Kirby said
Speaker 1: that it was repositioning, not a real withdrawal. Yeah, that
Speaker 1: was some big news yesterday from our Bloomberg News team
Speaker 1: about this idea of another half billion dollars in Ukraine aid.
Speaker 1: As you mentioned, it says something about where the Biden
Speaker 1: administration thinks the war is going. But what's the feeling
Speaker 1: on Capitol Hill about whether they want to add on
Speaker 1: even more aid to the billions we've already given Ukraine. Well,
Speaker 1: I remember I actually spoke with the Republican leader in
Speaker 1: the House, Kevin McCarthy, the other week as he left
Speaker 1: president Ukrainian President voladimir's Olinsky's a dress to Congress, and
Speaker 1: I asked him if he would consider more aid, and
Speaker 1: he seemed very open to that. There is still a
Speaker 1: strong bipartisan support in Congress for assisting aid to Ukraine.
Speaker 1: I think the one big question would be, you know,
Speaker 1: if Biden needs to come to Congress for this funding,
Speaker 1: how quickly is Congress is going to be able to
Speaker 1: get that to him, Because we've seen stalls right now
Speaker 1: that legislation to end regular trade relations with Russia that
Speaker 1: flew through the House with a lot of bipartisan support
Speaker 1: is now stuck in the Senate because one senator, Senator
Speaker 1: Ram Paul, Republican from Kentucky, has some concerns about a
Speaker 1: provision that he wants to get a little bit more specific.
Speaker 1: And it just kind of shows the nature of of
Speaker 1: congress Um that, you know, as far as quickly responding
Speaker 1: to things that they're not Sometimes they're able to do it,
Speaker 1: but but it only sometimes takes one lawmaker to really
Speaker 1: hold things up. Well, what is the feeling about whether
Speaker 1: they can get something done either on that Russian trade
Speaker 1: legislation or Ukraine aid quick get something they're done quickly?
Speaker 1: I understand the Senates heading toward another recess in a
Speaker 1: week or two. Yeah, and the House is going to
Speaker 1: both of them tend to be out around the Easter holiday.
Speaker 1: I mean, there is I think still hope at this
Speaker 1: point that they can get something done. I mean, even
Speaker 1: if I mean Senator Ram Paul, he's preventing the process
Speaker 1: from going as quickly as lawmakers would like. But there's
Speaker 1: certainly a way that he can have his objections and
Speaker 1: lawmakers can still get the regular trade relations to Biden's desk.
Speaker 1: And I think in terms of funding that's going to
Speaker 1: have to be something where the White House is going
Speaker 1: to have to make that request from Congress. I don't
Speaker 1: think we've seen that yet, unless, of course, the White
Speaker 1: House has some other reserves that they're going to be
Speaker 1: pulling that funding from. Usually a request like that do
Speaker 1: need to originate with Congress. Let's turn to the latest
Speaker 1: emily on the House January sixth Committee. A lot of
Speaker 1: attention about this news of a more than seven and
Speaker 1: a half hour gap in the White House phone log
Speaker 1: from the day that supporters of President Trump stormed the capital. Yeah,
Speaker 1: this is something that that's really been very interesting from
Speaker 1: the House's investigation into the January six interaction. We know
Speaker 1: that former President Donald Trump did make phone calls during
Speaker 1: that time period. We've heard about phone calls from lawmakers
Speaker 1: and from others. But when the committee looks for these
Speaker 1: records as to who he was talking to at the
Speaker 1: really from the time that the riot started to the
Speaker 1: height of it, we don't know anything about who Trump
Speaker 1: was talking to at this point from eleven am to
Speaker 1: seven pm. And it's a huge question. Right now. The
Speaker 1: committee is investigating this gap in the House log, and
Speaker 1: you've heard from lawmakers that you know, they've really done
Speaker 1: a deep dive here. They've spoken to more to eight
Speaker 1: hundred witnesses, including many aids, spent the day with President Trump. Um.
Speaker 1: There's been a lot of reporting that you have a
Speaker 1: lot of top level people who have cooperated with the committee,
Speaker 1: even while other big names have pushed back and taken
Speaker 1: it to the courts. Um. You know, I think we
Speaker 1: were going to be seen more and more from this
Speaker 1: January six investigation. Uh. And I think at this point there,
Speaker 1: we're going to be seeing more more potential revelations like
Speaker 1: this as the committee starts to make more of their
Speaker 1: investigation public. Only about thirty seconds left here, But despite
Speaker 1: the gap in the official log, we've heard from a
Speaker 1: number of witnesses who say that they did speak to
Speaker 1: the president during the time that's missing. So what does
Speaker 1: that say about where this investigation could be going? Um,
Speaker 1: it means that they're going to have to figure out
Speaker 1: a different way to get at this data, figure out
Speaker 1: why it's not there, and figure out that if this
Speaker 1: was part of some cover up, what that means. I
Speaker 1: think there's a lot more digging to be done here,
Speaker 1: and this is definitely a story that we're going to
Speaker 1: continue to be following, certainly will be Bloomberg Government reporter
Speaker 1: Emily Wilkins. As always, thanks for keeping us up to speed,
Speaker 1: and you can read more about all these stories on
Speaker 1: Bloomberg dot com or on the Bloomberg terminal, Bloomberg Radio
Speaker 1: in Washington. Yeah, you can listen to that at Bloomberg
Speaker 1: and one oh five point seven FM h D two
Speaker 1: and Karen, all right, Nathan, it has six fifty six
Speaker 1: on Walla Street. This is Bloomberg Daybreak and marches Women's
Speaker 1: History Month, and every day this month we're celebrating significant
Speaker 1: moments in women's history. Now with your installment for March thirtieth,
Speaker 1: here's Bloomberg's real need a young on this day in
Speaker 1: women's history. In nineteen eleven, Ellen Swallow Richards dies she
Speaker 1: was the first woman admitted to the Massachusetts Institute of Technology,
Speaker 1: earning her Bachelor of Science in eighteen seventy three. Two
Speaker 1: years later, Swallow Richards appealed to the Women's Education Association
Speaker 1: of Boston for their help in establishing a laboratory at
Speaker 1: m i T available for instructing women in chemistry. So
Speaker 1: the Women's Laboratory opened in eighteen seventy six, so little.
Speaker 1: Richards became might t s first female instructor, teaching in
Speaker 1: chemistry and mineralogy in the Women's Laboratory until it closed
Speaker 1: in eighteen thirty three. Swallow Richards was also a chemist
Speaker 1: and founder of the home economics movement in the United States.
Speaker 1: That's today in women's history. I'm Nita Young Bloomberg Radio.
Speaker 1: All right, Nita, thank you, And futures are lower. SNP
Speaker 1: Future is down about thirteen points this morning. Down, futures
Speaker 1: down seventy nine and nastag features down sixties six ten
Speaker 1: year treasury down three thirties seconds. He held two point
Speaker 1: for zero percent, and he yield on a two year
Speaker 1: or two point three two percent. Ninebeck scrude oil at
Speaker 1: a hundred six dollars eighty cents a barrel. Bloomber surveillance
Speaker 1: is straight ahead. And for Nathan Hagar on Karen Moscow,
Speaker 1: and this is Bloomberg