i'm julia chatterley.claims data, but let's take a look at equity markets in europe, 8/10 of 1% high. with hopes of a dialogue between the euted states and on trade, particularly auto trades. bringt the markets to forth the prospect of rate hikes, and we also have the futures, the be futures and the dow, 8/10 of 1% higher, more than taking out the losses we saw in the session, and we have some data. david: initial jobless claims are up to 231,000. the survey was 225,000. last month was a slight revision, so continuing claims, 1739, which is more than the 1718 in the survey of what people with think -- think it was coming in at. julia: let's get reaction to those numbers. jobs, jobs, jobs. karl: this will be the focus, and this is a very light appetizer ahead of tomorrow's jobs report. is thisimportant here is one of the last clean readings you will be getting on jobless claims, because as the july 4 holiday, we see a lot of volatility and claims, a lot of spikes, and it is not a good predictive tool for ju

i'm joined i've julia chatterley -- i'm joined by julia chatterley. julia: highly anticipated and the market reaction tells you everything. let us show you what's going on as far as european markets are concerned. we pared earlier games overall in the session, but that is a defensive deal with health care and staples as the upper former. it's a shortened week as well. we lost ground on the s&p futures as well. we are only talking four points at this stage. it was a similar story with a defensive deal even though we rallied into the close yesterday as we had i believe 10 of the 11 s&p sectors finishing higher. energy was the underperforming and we're back about $72 a barrel for crude. down almost 1% or giving back its gains. the biggest slump in a month down 1.4%. it did hit the three-year high once again earlier this week so perspective is everything. equities may be highly anticipated. commodities continue to have a bit of a shocker and lightning rod for concerns about economic growth in the face of these tariffs. copper heading for its biggest weekl

i'm david westin alongside julia chatterley. alix steel is in boston for july 4. you can watch that coverage on bloomberg. fireworks coming up. in the meantime you have fireworks this afternoon for england. julia: we hope. do you know it's 20 years since england last faced columbia in the world cup. i like that kind of precedent. david: it has been 10 years since you have been this far in the world cup. julia: it feels like longer. we always think we can wait. i'm not quite sure what that means. shall we have a look at some market -- a bit of stabilization. games for european shares. tech shares, energy stocks taking the lead. higher indicating so far out into the games a similar amount to what we saw yesterday. a touch higher for euro-dollar here. coeda merkel pulling her -- coalition together as per the. that very much ties to a brief out moment. support intervening to overnight. that it was going to be used as a weapon in the trade spat with the united states. we will talk about that in more detail. crude oil approaching $75 a barrel. they are going to increase

taylor: and i'm taylor riggs, in for julia chatterley. on the first word news with kailey leinz. democrats are worried trump'sesident pick for the supreme court delaying the mueller investigation. the court could also look into other constitutional matters a stemming from the russian meddling into the 2016 presidential campaign. and the leader of qatar today says his country has not released -- reached a deal to buy russia's new advanced missile-defense system. saudi arabia and other arab leaders remain in a dramatic standoff with cutter over claims that it funds terrorism. the united nations is urging libya to repatriate migrants who have been returned to the country's shores instead of detaining them. this side with a call to boost search-and-rescue facilities in countries as some eu are stopping votes from disembarking. bethe key priority has to saving lives at sea. the numbers that continue to are a at the are a -- sea tragic and unnecessary loss of life, and we urgently need mechanisms in place that prevent people from putting their

i'm joined i've julia chatterley -- i'm joined by julia chatterley. market reaction tells you everything. let us show you what's going on as far as european markets are concerned.

i'm david western with julia chatterley. welcome. off.ay be holiday week, it's busy, that's lot going on. going on. ave a lot is this the week with a trade trade war.rns into a european markets foster. top 600 off .6. can we condition to see a bounce. we european auto sector, talk about this as the nuclear ption as far as tariffs are concerned. we have valuations hitting a two year low. see the do you futures taking their key. softer p.m.i.s in china. snp giving the story. 1%.red by 0.5 by 2.83%. david: time for the briefing. it's a busy week. we have durable goods and fact tomorrow. thursday the fed released his focussed with everyone on trade concerns, friday it is and ig day, jobs day, expectations adding 200,000 jobs. and on friday. scheduled states is to impose tariffs on 34 billion imports. julia: friday is the day. impact of the trade war. tariffs go effect jobs, g.m. saying: the trump administration hit white house trade advisor peter navarro saying: joining us now is jay pelosky, tpw investment management and cio and michael ande

i'm david westin alongside julia chatterley. alix steel is in boston for july 4. omberg. fireworks coming up. in the meantime you have fireworks this afternoon for england. julia: we hope. do you know it's 20 years since england last faced columbia in the world cup. i like that kind of precedent. david: it has been 10 years since you have been this far in the world cup.

in for julia chatterley.berg markets." ♪ scarlet: we are live and bloomberg world headquarters in new york over the next hour. here are the stories we're covering on the bloomberg and around the world. stocks falling around the world as investors pay a sloot -- face a slew of uncertainty. new england's lobster business is now under threat as talks of a global trade war heats up. peso pressure. the cruise to victory. the implications of this new presidency in mexico. u.s. markets close in two hours time. let's get a check on where stocks are trading with abigail doolittle. the nasdaq and the green. abigail: there is hope we have had to selling action. we still have declines for both the dow and the s&p 500. slightly higher. up nearly 2/10 of 1%. of 1% onq down 9/10 those uncertainties. those fears around uncertainties including the possibility of a trade war that investors continue to weigh. major averagese down week after week in a bearish way. the longest weekly declining streak since 2016. right now, there