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tv   Bloomberg Markets  Bloomberg  March 22, 2016 3:00pm-4:01pm EDT

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david: welcome to bloomberg markets. here is what we are watching this hour. terror he and europe, the latest on the attacks in brussels that left dozens dead and hundreds hurt. the police are not -- are on the hunt for a suspect. and what is left for the intelligence community after an attack like this? trading,cover in late largely higher despite the attacks and dungeon, offsetting declines in consumer staples. we continue with our coverage of the terror attacks in europe. islamic state reportedly is claiming responsibility. at least 31 people are dead, more than 200 injured. the bombs exploded during rush hour this morning, first at the
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brussels airport and then at a train station near the european union. present obama vowed terrorism will be defeated. president obama: this is yet another reminder that the world must unite. we must be together, regardless ,f nationality or race or faith in fighting against the scourge of terrorism. we can and we will defeat those who threaten the safety and security of people all around the world. david: moment ago, belgian police released an image of suspects in the airport bombing. they are searching for the man wearing the hat on the right of the image. the say the other suspects on the left probably blew themselves up. i want to go to my colleague outside one of the metro stations. we are hearing the french prime minister is planning a trip to belgium. what is the latest in terms of what we know?
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ryan: the manhunt continues. you mentioned the photograph that they belgian police just tweeted. that's three suspects. and as you say, they believe that two of the three, the two men on the left-hand side, blew themselves up. that photo, we are led to believe, was taken at the brussels airport, which was the scene of the first attacks. but it is not clear what has become of the third individual, the individual on the right. could have been blown up in that attack, or he could have come to where i am right now, to the malbec subway -- were the maelbeek metro station. the attack behind me going off at nine, 11 a.m. brussels time. -- police are connecting conducting manhunts that may not be connected to those three. so it is not clear if they have caught all the suspects. but they are doing a lot of
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searching. they have asked of the brusselsts working in not to divulge where those searches are taking place. so we will respect that. but it is a big search throughout the country. they say they have reintroduced border checks. i crossed the border from belgium into france three or four hours ago and i did not see police checking passports. -- wet crossed across just crossed across the border. where does the investigation will? ryan: what they are focusing on is the extent to which this is attack -- this is connected to the perfect events in paris. is, onson for that friday, they are arrested right here in brussels a man that they believed was the last suspect, one of the terrorist suicide
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bombers that didn't blow himself up in paris. he hailed from brussels and they believe he had returned to brussels. he was detained here on friday. what they are wondering is are these reprisal attacks for his arrest on friday? is this islamic state taking revenge for his detention on friday? and are these people that were behind the terrorist attacks? hence you mentioned the prime minister traveling here. remember, europe is not as big of a place as we think. paris is just a few hours down the road from here. so it makes sense for france and belgium to work together. david: lastly, this law makes late -- the islamic state taking responsibility for this. what have we heard from the group thus far? what have we heard from proxies of the group thus far? at least on one website, the islamic state did claim
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responsibility for this. this was something confirmed by belgian authorities here. that they have claimed responsibility for this. whether this was indeed islamic state behind this or whether that's a just an attempt by the islamic state to grab headlines ,n the back of some indigenous if you will come extremist groups that carried out this attack, we will just have to .ait and see clearly, we are seeing an uptick in violence in western europe. for example, this terrorist -- reallyreally cried quite unprecedented here in belgium. the biggest ever in belgium's history. david: thank you. we are less than an hour away from the close of trading and the dow has turned negative. julie: we have been talking about the same, that markets
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have been resigned to the attacks in brussels. we are not seeing the big declines we did see larger declines in the bigger of -- we are not seeing big declines. we did see larger declines at the beginning. a got dow does manage to a gain at the end of the session, it will be its eighth straight game. we have not -- straight gain. we have not seen that in three years. all of that said, we are seeing unusually low trading volume. this is sds, which looks at volume by sector. notof the sector, though health care, for all of the s&p 500, trading is down more than 25% versus the average. yesterday's trading
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volume at the lowest of the year and we are trading below that today. you can draw your conclusions that we are not seeing much trading activity. of course, it is a holiday-short week. there is no trading on good friday. david: what has moved since those attacks? i imagine travel stocks. julie: yes. we have seen more movement in travel stocks indeed. and lines are still seeing a pullback, although it is not as steep as it was initially in the session. american, delta, ual still trading lower. we are also looking at online travel companies that have been showing some weakness. expedia, trip advisor, still lower as well. there were also some things that moved in the opposite direction. and that has maintained. that movement has maintained with varying consistency. we deed -- we did see some gains in the dollar. we were seeing gains in treasuries. but that has now reversed, with
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selling pushing the 10-year higher. trading little changed at this point. usually, when you have concerns about the geopolitical environment, you see a spike in oil prices. that didn't happen this time around your we have seen -- this time around. we have seen some reaction in other assets. president obama is leaning on cuba to improve its human rights record and open up the country to u.s. companies. in a speech televised to the you -- to the cuban people, the president said that u.s. policy toward cuba was not working. president obama: as the decades rolled by, we settled into a seemingly endless confrontation. in a world that remade itself time and again, one constant was the conflict between the united
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states and cuba. here to vary the last remnant of the cold war in the americas. mark: the president and president castro are attending a baseball game between the tampa bay rays and cuba's national team. toronto mayor bob four days. dies. ford willssioner julie burrow go into private practice. she was at the ftc for six years. news 24 hours a day, powered by our toy 400
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journalists and our 150 news bureaus around the world. david: president obama condemned the attacks today during his speech in havana, cuba. thoughts obama: the and prayers of the american people are with the people of belgium. we stand in solidarity with them in condemning these outrageous attacks against innocent people. we will do whatever is necessary to support our friend and ally, belgium, in bringing to justice those who are responsible. david: ambassador chris for hill is the dean at the university of denver. he joins us now with his reaction to the events. ryan said that brussels is not that far from paris. to forget how tightly net europe is, how close things are together. when you look at the response to this tragedy, these bombings today, are there signs that, amid this conversation about the future of europe, potential dissolution of europe, you are having countries working together to fight against
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terrorist attacks like we have today. massar hill: there is on press -- ambassador hill: there is unprecedented cooperation. this is a hideous tragedy. this is a hideous atrocity. but it does not mean that there hasn't been progress in terms of attacking these networks and relentlessly going after them. this is obviously a terrible day in that effort. assume that it is because the belgian forces have not been working very hard going after these people. and most importantly, as you suggest, cooperating with others. clearly, we need to do more and more of this. we need to stay with this issue. we have more things to find out about this. but i do believe that the public should understand that this is really a number one priority with all our law enforcement and they are working together as never before. david: who should be taking the lead here?
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--this belgian's job belgium's job to take the lead here? clearly, there: are a lot of jurisdictions here. belgium is a member of the european union. police forces are very much interested in this and interested in working with this. but they still maintain a system of sovereignty. i believe it will be for the belgian security services. but they are under no illusion that they can take on this frankly global threat on their own. i think there will be a lot of cooperation across the board. we will have to see how we do in this. outeed to first of all find who the bombers, who the actual -- who made these bombs, these fairly sophisticated bombs out of some pretty benign materials, we understand. but also, where's the money coming from? caps on we track this money a little better? worth someticularly
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is that, in many european countries that ought to have the same amount of effort against this, there seems to be this muted silence about dealing with some of this isis thread. david: we heard from president obama in cuba, most of the speech about the relationship between u.s. and cuba. but he started with solidarity with the buzz of people. what else can the united states do at this point? we haveor hill: extraordinary capabilities and our security services, fbi, foreign intelligence services -- we have some amazing capabilities that other countries greatly on to try to emulate and do more to invest in. i think the first thing we need to do is make sure that our -- youities are at the know, are available to the belgians as they move forward in this investigation. i think this is the time to really pay attention to the belgians and make sure that we
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are really together. i think we have been doing a lot of that in recent years, especially in recent months in the wake of the paris bombings, which clearly have their origin not just in paris, but also in brussels. it is also worth running out that we don't want to change our entire societies. we don't want to have our politicians talking in a very different tone from the way they should be talking about preserving our freedoms. so we need to maintain our society, our current society with the understanding that this will be a long-term threat and we need to go after it and continue to do things we've been doing. david: let me ask you more about the threat in particular. piece on the heels of the brussels for a man the a fewwith policymakers days ago. some of the folksy talk to their were saying that a particular difficultly in dealing with the islamic state is that this group has territory. when you dealt with terrorist groups in the past, they did not
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have access to land and money. how does the competent things here? thessador hill: i think money, people have had access to that for a long time. one of the home ice of al qaeda was that they seemed to spare no expense to do these things. but i think josh has a very important point about the land. when they are freed to plan or even train, you know, isis has held onto territories in iraq and syria for some time now. now they are interested in territory in libya and afghanistan. i think that is worrisome and that is where their needs to be a redoubled effort to deny them this territory. obviously, we have gone after them from the air. but we need to make sure there is a ground component, not necessarily u.s., but certainly from countries in the region who will step up. but what we are seeing in syria and iraq is we are seeing some countries who were there in the beginning and now they are there in word and thought, but not deed.indeed -- in
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for example, where are the saudi's in the fight against isis? they have moved up to yemen. i think there needs to be a much stronger push from the countries in the region to understand that this is part of their world that they need to fix. so as long as they don't get involved, i think we will have territory that will be available to these terrorist groups to train and plan. david: there will be three days of mourning and belgium. there will be people who wake up tomorrow worried about what happens next. looking at brief was a country that was riddled with attacks, getting people to come to terms with the fact that, amidst all that coming have to try to live your everyday life. how much of a burden is that for the government in belgium? ambassador hill: that is a true statement. it is very difficult. there will be people waking up not only afraid, but people in deep mourning, and shop at the loss of loved ones.
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some will feel that the government has failed them and it is a critical time because i think we live in an age where many as two shins, especially governmental institutions, are under really assault in some cases, people who said we deny the ability or the desirability andly of these governments security services. so this is really a time for calmness, but also really strong resolve. i think we will see that from the kingdom of belgium. and they will have company. they will have support from the rest of europe. frankly, from the united states and the rest of the world. it is really a time when we all have to pull together. arenderstand our freedoms at stake and we understand that we need to continue to make an investment in these freedoms that our forefathers gave to us. david: ambassador christopher hill, always great to speak to you. more on brussels
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throughout the hour and the day here on bloomberg tv. as we go to break, here's a live shot in europe. the colors of the belgian flag in honor of the victims of today's attacks in brussels. ♪
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david: it is time for the bloomberg business flash. president willn not be taking a cabinet post, at least not yet. a supreme court justice is rejecting a request to let love be the chief of staff to join in the cabinet would make it tougher to prosecute him. puerto rico got a mixed
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reception at the supreme court today. puerto rico is trying to revive the law that would directly affect $20 billion in utility debt. still ahead, we will have today's options inside. more after the break. ♪
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julie: it is time now for the options inside. kelly kelly is here to talk about the lack of volatility. been talking about all day, we had these terrorist attacks in brussels. beenhe markets have interestingly resilient, including the fact that the vix has remained quite suppressed. even when it was rising today,
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it wasn't by very much. kelly: when you start going into the volumes in the options market, there's nothing out of the ordinary. you did see gold catch a bit earlier in the day, but not in the options market, especially on the hedging side. typically, during this time, you see people put on hedges for the longer term as we going to hasn't itason and vix really been here during 316. so we see the -- we see less matter of puts. julie: if something like this is not a catalyst for markets, what will be? volatilitythis lower over the past several weeks. we have seen lower volume as well. certainly this week. what is what to change that? kevin: what will change it is earnings season. since the lows of 2016, we have seen the buyback index out form the s&p 500 by 5%.
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by 5%.erform the s&p that andhey stop doing start going into earnings season, which actually drives fundamentals, that is why you're seeing this lull. vix is a forward-looking indicator. but after that, all trades are off. julie: let's look at xop. you are looking at a put spread. what are you doing? kevin: we are actually buying a put spread on the small oil and gas producers. the xop has 60 holdings, 2% roughly the average holding size. at xle, the energy sector, you've got chevron, exxon, and schlumberger. you don't want that. you want smaller players. you want to buy the 30 put, sell the 25.
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a cost you $1.50. this goes out in june. so if there is a hiccup going into earnings season, this is where you will see a lot of volatility pickup. so you can protect your portfolio and these are the companies that will do the dividend cuts and have distressed if oil does go down. julie: and these guys will be critically vulnerable because of the run-up we have seen in oil and energy stocks? absolutely. this etf has performed 27% in the last month. if you look at the number two holding in this, it is chesapeake energy. so these are the names that are definitely distressed and art strapped for cash. -- cash for trash. julie: all right. we will leave it at that. ♪
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let's start with a check of the headlines.
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mark: belgian prosecutors say police raise are underway around the country. islamic state claimed responsibility for this morning's deadly bombings in brussels. authorities have discovered a nail bomb, chemicals, and an islamic state flag during a house search in a brussels neighborhood. this follows what officials believe to be was to side bombings at the airport in addition to an attack that occurred at a downtown subway station. belgian federal police believe the three airports aspects seen in this image, the two on the left, are thought to have died. the third on the right wearing the hat is believed to be at large. authorities are urging the public to help them find them. today's attacks killed 31 people and injured 230 others. 19 people have been arrested following an attack on the european union military mission headquarters in molly -- in ml
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ali. killed.he attackers was it is the latest in a series of attacks on hotels in west africa. the attackers may be linked to al qaeda. donald trump and hillary clinton will try to pad their lead. arizona and utah feature contests for both parties while idaho democrats also hold presidential caucuses. phil or clinton and donald trump are on opposite sides of the political spectrum. in they do share one thing common. voters view them unfavorably. no other front runner for either party's nomination has had enough arable rating higher than 41%.
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david: markets close in 30 minutes. the nasdaq is the only major average in the green, up about just a quarter percent. i want to go to abigail doolittle who is down in the nasdaq market place. abigail: not surprisingly, today, trade has been affected by travel related stocks. worst performers have been travel stocks, including expedia, priceline, tripadvisor, and your wage and cruise lines. the worst has been priceline. i reached up to perry gold to see what he thought in the wake of the brussels tragedy. he said the impact that priceline is likely to be less than after the paris bombings. he also thinks this company is bestest edition -- has the position in all of the online travel agencies. some constructive points. the big risk is to -- is whether or not they reception of
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traveling to europe is likely to change after two tragedies in a relatively short period of time. david: the nasdaq higher than the other averages. what explains that today? abigail: big tech and biotech. big tex is on an eight-day winning streak, the longest in 13 months. biotech, a three-day winning streak, breaking a possible two-week losing streak. and the nasdaq itself is on a five-day winning streak, the best since april 24 of last year. take a look at of the big tech names -- amazon shares are higher for a second day in a row, even as the stock was downgraded to outperform from strong by at raymond james. a bit of nuance from aaron kessler. he is citing margin pressures. is also saying the company is facing pressures probably in the cloud. but with the stock higher, analysts have been weighing in on those potential cloud rushers in recent days. priced int could be
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at least ahead of the google cloud platform day later this week. so we will see how that event goes and what is really revealed about the competition for amazon. david: think is so much. 31 are dead and 230 injured after the bombings in brussels. we were talking with ambassador christopher hill who represented this country in iraq for a time. he said that he has never seen europe working more closely together to fight terrorism. is that jesus? : yousentative hoekstra have two things. you have how closely they are working together -- they may be working very closely together. the real question is how effective are they? they have been really ineffective, number one, and protecting their domestic territories. and number two, projecting their
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power outward to eliminate this threat from radical jihadists and isis. it doesn't matter if you are working together or not. what matters is if what you are doing is effective or not. david: after the paris attacks a couple of months ago, we saw the paris administration take on powers to conduct raids. we saw a number of raids in belgium today. do you see that is a move in the positive direction? representative hoekstra: i'm discouraged by was going on in europe and the u.s. the root causes you have a caliphate in syria and iraq. you have another caliphate in libya. and out of these two caliphate, you are exploring -- exporting weapons and fighters and ideology. you have this mass exodus of refugees, migrants into europe, some of them now coming into north america and canada and, to
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a lesser extent, the united states. no, i think the trendlines continue to be negative and you will see more of this. europe is going to have a very hot summer. they will not be able to deal with the refugees that are there. and you are going to see more of these attacks rather than less. david: you see the u.s. government working on two separate tracks, military track and a diplomatic track. that in effect could help the situation with islamic state. what more would you like to see? how july to see the strategy change? -- how would you like to see the strategy change? representative hoekstra: arm the kurds. arm the sunni tribes. let them take the lead in this fight or at least let them have a strong of a role as with the shia government out of baghdad has had. but the kurds in the sunni tribes, they can defeat isis and iraq -- isis in iraq.
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coordinating more closely in syria with russia and then the europeans and the u.s., nato need to take the lead in solidifying or taking out isis in libya. those are three things at they can do right now going after the caliphate in iraq, syria, and libya. david: you've thrown your support behind john kasich am a fellow midwesterner. he tweeted out earlier today, " the president must return home he merely and get to work with our allies to respond with strength against the enemies of the west." him?u agree with does he need to skip the rest of his trip to argentina? what can he do? what do you want to see and do? hoekstra: whether he returned sunday or not, this president needs to move this to the front burner. we have had a lackadaisical strategy going after isis and north africa in the middle east. -- after isis in north africa and the middle east. presidente under the
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-- if this were under their presidency of john kasich, we would take care of this. david: if there were an event like this one and the government came to you, what does the u.s. do at this point in light of an attack like the one we saw today in brussels? hoekstra: we are taking all of our intelligence resources, our law enforcement capabilities, having a tremendous amount of dialogue with their counterparts in ,urope and the middle east number one, to make sure that we have this threat contained, but also to see if we can pick up any kind of information about other threats that are out there and the capability of carrying out attacks, either more attacks in europe or more attacks in europe or more text here in the homeland and north america. theid: and reporting " washington post" about the ted cruz campaign, ted cruz say a we need more law enforcement in the
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u.s. in muslim communities to make sure they are not radicalized. do you see that is a strategy that would work your the unit is is that he would back? representative hoekstra: you have to follow what we can do legally and under the law. you have to look at where the threat is coming from. we can learn from europe. europe has learned -- you know, they ignored the threat vectors in europe. they ignored the muslim and islamic community and did not build the kind of relationships to identify these threats before they materialized. that is exactly what we need. we should be doing here in the united states. and do it in a way that is totally compliant with the protections of free speech and those types of things. we can't have an overly intrusive law enforcement. but we have to recognize that the threat is here and it is going to continue to evolve and grow here. youd: pete hoekstra: thank -- pete hoekstra: thank you for being here. affect terror attacks apple.
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more insight as we had to break. the hearing in riverside, california, was post point. more after the break. ♪
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david: let's take a quick check of the major indexes. the nasdaq up about a third of 1%. barely changed, down about .1%. and the dow jones down .2%. bloombergnow for the business flash. sequoia, the mutual fund, ld
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about 1.5 million shares of the company. sold at a loss that can be used by investors to offset gains. the pentagon says boeing will probably miss the deadline for delivering the first of a new generation of aerial tankers. officials do not expect the initial order to be delivered until march 2018, about seven months late and boeing disagrees. if says they should deliver the planes on time. consider key -- kentucky seeks volkswagen.sues it seeks punitive damages. apple has been front and center
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in the battle against the f dia and it's her best to -- the fbi in its request to own lock a cell phone belonging to a terrorist. matt larson joins us from washington. i know this is a conversation that is a long time coming. we see in groups and technology developing more and more. we prolong the -- we presumably would have gone that if this case had gone forward. what does this mean, the hearing postponement? terms of the immediate ramifications, it gives the government did opportunity to -- government an opportunity to pursue third-party solutions, rather than having apple write new code to circumvent measures your -- measures. we will see if there is a way to use third-party technology and or to not run afoul some of the
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issues that apple brought up. questions to moving forward, if cases like this progress beyond initial stages and hearings and appeals to what is the legal landscape they are looking at? what are you obliged to do to help the government? and what can you push back and refuse to do as some of you receiving a search warrant? david: we are talking about when he for century shoes here. sophisticated encryption and security? the precedent that these lawyers braying updates back to 1789. that is a pretty sizable gap. matt: it is an incredibly sizable gap. as you highlighted, the all writs act is used as a catchall that a lot of attorneys will use for the government to kind of compel reasonable means to help them in their investigations. it is aou said,
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longtime on the books. it doesn't address the intricacies of cyber security. and congress is well aware of this. a couple of weeks ago, they had a hearing invited both apple and the fbi to provide testimony. this apple investigation and the horrific acts that took place in brussels today highlight the need for a bounce of security and legitimate law enforcement and threat protection measures. david: there is a gap there as well, between what is happening in the states and what is happening in europe. you look at the way the law is progressing there. the french assembly already voting on legislation that will enable them to find companies to to fine companies like apple if they do not provide information on a phone. matt: that's correct. revelation, inn
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terms of data location, where data can be stored about different european citizens and servers, now you're getting into a debate about what companies should be compelled to do when a -- when assisting a government investigation. this is an after-the-fact investigation, but it raises questions and prophylactic investigations, looking at things in advance. i think it will see legislation that isn't necessarily unified across all the jurisdictions, particularly in europe. and this will be the next wave of legal battles that apple and similar companies are fighting, not just in the courts, but through their lobbyist and through the various legislatures and in the countries they are operating. david: how badly do these cap companies want clarity? of all the public comments from chief executives from the biggest technology companies in the world about this case, i think about the friend of the court briefs they filed as well. how badly do they want to know the letter of the law? matt: i think very badly.
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and a lot of tech companies, i think, when you run into cases like this, they get a bad rap for not complying with government request. but the records show that they are actually pretty good at working with law enforcement and working with investigators. the question is where is the boundary? in circumstances like this, where there are technological hurdles that need to be overcome, i think a lot of companies with feel better about having hard and fast black letter law rule rather than arguing each individual case to a judge as they arise on an idiosyncratic factual basis. david: thank you. the close of trading just minutes away. here are the major averages now. the nasdaq of about .2%. -- the nasdaq up about .2%. s&p mostly the unchanged.
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markets, theg close of trading coming up after the break. ♪
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david: markets close in 10 minutes time. julie hyman at the markets desk with your latest check. julie: still not much changed. looks like the dow will not have that eight-day winning streak that it was poised for earlier. the dow in the s&p have both turned a little bit lower. the nasdaq a little bit higher , of course, that began with the bombings in brussels. we have seen still resilience in the market, despite this little bit of a downturn. it is not much of one. the s&p come over the course of the day, a relatively tight trading range. we are once again seeing
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low-volume on the major averages. a couple of stock movers and wanted to highlight -- staples is the best performer in the s&p 500. that's because there is a hearing going on yesterday and today. the federal trade commission trying to get this merger delayed, trying to get more time to sort of examine it. it looks like i'm according to our analysts, that the company has made a relatively strong argument going into this case. staples and office depot both trading higher. specialty pharma higher. we first saw some of these stocks rallying yesterday, asked americater bank of merrill lynch dropping them. today,hree stocks rally leading a broad rally in pharma biotech good finally, -- biotech. finally, drilling.
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to risey not be able for three years. highlighting some individual movers on a day when stocks overall are not much changed. david: thanks very much. what explains it? i talked? with some of our colleagues in london today. processing this attack, but not huge dips. we are seeingat is people getting used to this sort of thing. we see headlines like this with increasing frequency. investors also have a lot of other attributes to look at, especially here in the u.s., with robust earnings growth and a little bit of editing of years of fears in a slowdown of global growth. a headline like that will be negative in the short-term, but as people digest some of the
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other information in the market, they decided the market would be little changed. and we are getting help from two of the most highflying sectors that were actually leaders of the bull market, technology and drugmakers. for anogy, we are up eighth straight day. that is the longest streak in two years. and the health care group of for a third straight day and the highflying by text like -- biotech stocks are going up there. were: how closely counterparts in the u.s. following the same track? joe: if you look at booking agencies like tripadviser, they are definitely getting hit today, as well as the airlines, delta, american down. they are being balance pretty healthin the tech and
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care straight. david: we have seen activity pretty light. joe: volume has been pretty light. it has allowed for some outsized moves. you see a big tray that can move the file more than normal. would thinkay, you we would see more swings. it goes to show that people are in wait and see mode for later this week. that is something people they are -- people are keeping their eye on. ubshead technician at actually came out today and said we are the most overbought for since 2009. that is a pretty big red flag for the market. they are projecting a big pull back sometime this week. if we are actually that overbought, it is surprising we did not see that today with a big headline news out of brussels. it is something that we really need to keep in ion this week. we have seen investors -- keep an eye on this week. we have seen investors seeking protection.
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people thinking there is a shock in the horizon. david: outside of equities, too? joe: yes. selloff in stocks that could trickle through, we could see an increase in treasuries and other haven currencies. david: thank you. that is it for bloomberg markets. we leave you with shots from earlier today of european landmarks. the world lit up in the colors of the belgian flag and solidarity of the victims of the attacks in beltran. the one world trade center here in manhattan will also be lit up. more gloom be -- more bloomberg tv coming up. ♪
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find fantasy shows. when it comes to the things you love, you want more. love romance? get lost in every embrace. into sports?
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follow every pitch, every play and every win. change the way you experience tv with x1 from xfinity. scarlet: we are moments away from the closing bell.
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i am scarlet fu. "what'd you miss?" alix: i am alix steel. joe weisenthal has the day off. , transportation posing the biggest the klein. scarlet: belgium's worst terror , islamic state claims responsibility. the ripple effect from today's violence. what it means for open borders in europe. the markets, and what to expect before tomorrow's trading in asia and europe. ourlet: we begin with market minutes. the s&p dow falling carried the dow first thing falling for the first time in eight days. we are bouncing around unchanged for most of the day. light trading. yesterday was the lightest trading day so far this year.

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