quinn,w york, i'm vonnie along with my cohost guy johnson. this is "bloomberg markets." we are about to get manufacturing data from march. economists are looking for 44.5. 49.1.coming in at employment at 37 .4, 33.8. basically, all of the measures we are looking at are in contraction. we knew it was coming. it is just good to put some hard data on what we were expecting. it follows the pmi data and ism data out of europe as well, which were also in contraction. construction spending month of her month down 1.3%. wille markets, the action no doubt do nothing to help. 2.75%.daq is down we had the vix at 65. a stronger crude oil index today. basically, all industries in the s&p 500 are lower. just a couple of stocks higher, things like kroger and netflix once again. absolutely. rebalancing is done. president didn't sound very positive last night. in fact, he really didn't sound very positive last night. he delivered a long press conference. i think that's taken the shine off of stocks. , u.k. banks also not paying dividends. the stoxx 600 is down by 2.82%. volume is a littl

from new york, i'm vonnie quinn along with my cohost guy johnson in london. this is "bloomberg markets." a lot of data to look at today. here it is, x transportation. reading for that. durable goods orders is also coming in exactly as the previous reading for the final data in february. this is pretty irrelevant. it is february data. we are obviously looking to the march and abril data -- and april data for a reading of the economy. we got unemployment filings of 6.4 8 million. means we are looking at a 10% plus number for on them limit on friday. the dow jones is down zero point 3%. the s&p is positive by just a point. the nasdaq is down by four points. very little movement right now, at least around these indices. the dollar index is stronger today at 100.18, as the said continues to -- as the fed continues to invent ways to get money into the economy, the latest to get banks to breach their leverage ratios. what is going on in europe right now, guy? guy: as you say, the dollar is creeping up, which means the euro is going down. the euro a big component of

from new york, i'm vonnie quinn with guy johnson in london. it is payrolls friday. 700,000 people lost job in march, and this is before the real shutdown really kicked in. it is way more than the median estimate economists were looking for. that median estimate was for a loss of 100,000. equities not responding hugely. the s&p 500 at 2530. oil news offsetting the jobs news. we know it is really april where we are going to see things really deteriorate. the 10 year yield at 58 basis points. we'll just paring some of its gains, still up about 6%. the dollar very close to 101 now. guy: here in europe, considering the magnitude of that payroll number, equity markets are performing reasonably well. we are going into a weekend. generally that means de-risking as well. let me deal with the middle to. $33. crude at we have the stoxx 600 reasonably flat right now. we are seeing a bid on the dollar. going back to your board, so why don't we handed back to you? vonnie: let's get straight to diane swonk, grant thornton economist. we saw a massive loss, 70

from new york city, i'm vonnie quinn, along with my cohost guy johnson in london. this is "bloomberg markets." today we have green on the screen. the dow jones industrial average up zero point 6%. the s&p 500 up zero point 9%. the nasdaq up 1.2 5%. it is a huge week for tech earnings, alphabet and many others on tap. we've got some upgrades today as well. diagnostics atst citi accounting for some of the s&p 500 gain. then the bank of japan saying it will buy as many bonds as it needs. that is strengthening yen today. new york crude come of this contract at $12.60. the u.s. 10 year yield at 64 basis points. let's get to our guest now. we have a very fascinating guest right now. ed hyman, institutional investor economist of the year for decades. the surveys he carries out are unparalleled in the industry. we are going to talk about central banks, the ecb, and the fed meeting this week, and the bank of japan coming out with some decisions today. chairman of evercore isi, is with us now. small and medium-sized enterprises, and companies that do business is with china.

live from london, i'm guy johnson with vonnie quinn in new york. we are counting you down to the european close right here on "bloomberg markets." let's check where those european equity markets are as we head towards the end of this monday, strong session. we are seeing the most beaten up stocks bouncing back, but certainly cyclicals are catching a bid today. the other thing is volume is quite light, which may indicate that maybe the market is not quite so convinced, not quite as convinced as it looks like on the screen. stocks are higher. the pound getting up earlier gains. the prime minister is over the river in the hospital, continuing to run the government, but i would imagine finding that quite difficult. brent crude continues to move lower as well. we were talking about crude and the last hour. the german ten-year on offer today, -42 basis points. we watch ahead of the eurogroup meeting to see whether or not we will see any progress made. angela merkel may be pouring a little bit more cold water on that idea in the last hour. vonnie: absolut

from new york, i'm vonnie quinn. welcome to "bloomberg markets." we did try for a rally overnight on the idea that we might be ending the oil war, but it didn't last long. 1.6% after the best week for the s&p come up 12.8% last week, bringing it to a 25% gain since the march low. the dollar index is trading around the 99.55 today. i want to say weaker, but actually stronger versus the british pound and the euro, so it is a little bit stronger today in the session. as you can see, that oil agreement still only producing a 4% increase. not even a one dollar increase dny. the fed out with its alphabet soup of programs. index isays high-yield barely visible, but has come down quite substantially if you yield to worst settings re.the let's get some insight on the markets. banks set to kick off earnings season. we are joined by tom lee, fundstrat global advisors managing partner and head of research. you are not one to shy away from a particular point of view. tell us where you see the markets headed. i think the markets have absorbed an incredible amoun

. ♪ >> quinn: [sighs] >> brooke: you're insufferable, quinn.o wonder eric went to bed early. >> quinn: [sighs] >> brooke: your

vonnie quinn is over new york. you are watching the countdown to the european close here on "bloomberg markets." equity markets around the world under a bit of pressure. here in europe, relative to other markets, it's not actually that bad. in terms of the picture looking at crude on the screen at the moment, that is probably the dominating factor at the moment. we've got brent crude down by 5% . new york crude trading down by 40%. but in terms of equity markets, we are seeing a flatter story. we are seeing a more defensive bias. the stoxx 600 now in positive territory. the pound is under a little bit of pressure as we watch boris johnson talk about his fears surrounding a second wave. btpare watching the bund- spread widened out. thursday in terms of the eu, and there's going to be clashes about whether or not we see joint debt issuance. vonnie: we will speak to maria tadeo about that in just a few minutes. in the u.s., we are seeing equities dragged lower by oil, down almost 40% at one point, and back there again

i'm vonnie quinn in new york, with guy johnson in london. we will get you oil any moment. the dow jones industrial average is up 5.8%. the s&p 500 is up by 1.8%. facebook one of the top performers, up 5.3%. some of the oil companies hire by 5% as well, including marathon, conocophillips, and occidental. the dollar index is above 100, at we have crude trading $14.87, so we will be keeping an eye on that. guy: we certainly will. brent bouncing back reasonably strongly as well. oil and gas for the stoxx 600 in europe the lead gainer today. there are conversations floating about about whether brent and go negative. we are trading up 11% today. up 1.5%. the peripheral bond market, i massive story at the moment, as you can see. we saw a huge auction in spain earlier on, following on the heels of an auction yesterday in italy. we are continuing to watch what is happening as we build up towards an eu meeting tomorrow that could barely be make or break. the ecb talking about whether it could potentially accept grade that in collateral. -- italy is facing a rating review come friday

i'm vonnie quinn, along with my cohost in london, guy johnson. is "bloomberg markets." it is a very mixed day. bank earnings continue. we will speak with james gorman of morgan stanley in just a few moments. it is the airlines and the energy companies that are dragging on the s&p 500 today. guy: absolutely. in terms of what is happening in europe, a little gap higher. very tight trading range. 0.4%, but weup by are at session lows. what we are seeing in europe today is the bdp bone spread -- p-bund spread coming in a little bit. we are seeing btp's with a little but of a bid today. euro with an offer. it is interesting that stocks are higher and the dollar is higher as well. crude is also tracking a little bit higher. we are trading on the global $27.95.k at european markets probably in a bit of a holding pattern right now. we are going to carry on the conversation on what is happening with some of these big global banks that are reporting numbers. james gorman of morgan stanley was the latest entry into the story today. we will be hearing from mr. gorman very shortly.

from london, i'm guy johnson, with vonnie quinn in new york. we are coming you down to the european close on "bloomberg markets." last trading day of the month, and we are at session lows. we have basically round-trip to the gains since yesterday, almost exactly back to where we started. the stoxx 600 now down by 1.85 percent. what was seen from christine lagarde. euro-dollar now in positive territory, $1.0953. brent crude up by 14%. --percentage tombs percentage terms, a fairly big move. vonnie: here in the u.s., we are off our lows at the session, but even the nasdaq turned higher for a moment. broadly speaking, we are a bit risk off. given yesterday's bounce, it is probably not something we should be surprised about. reports out of earnings. some ceos talking about china being slow to recover, for example. seeing the pace picked up at a very slow rate. we also have the economic data this morning, personal spending down 7.5% in the united states. compoundingdp data yesterday. that said, the 10 year yield us to let 60 basis points the fed and

. ♪ vonnie: live from new york, i am vonnie quinn. this is bloomberg markets.he latesta look at business stores in the news right now. twitter has more users than ever. the coronavirus hit the advertising business hard. down 27 percent in advertising year-over-year. twitter has 166 million users which is up 24% from last year. mcdonald's says it has seen dramatic changes in customers. first quarter sales held at 4.23%. is planning to open 68 stores monday and lyft restrictions. the ceo says he expects the 775 stores will reopen within six weeks. that's if the coronavirus infection rates continue to go down and state and local governments allow it. that's your latest bloomberg business flash. it's been quite the bumpy ride already this morning for stocks. major indices are mixed now with the nasdaq higher and the other two lower. aylor: it's pretty risk off but some of the tech earnings are doing better than expected. you have the emerging markets index which is higher even with a stronger dollar. 10 of 1%.p 8/ underperforming the broader income -- the broader i

. ♪ ♪ live from london, i'm guy johnson, with vonnie quinn in new york.bloomberg markets." american airlines is joining united in eliminating most of its new york city flights. flights out of the big three new york airports will fall to 13 nearly 217ared with a-day this time a year ago. let's bring in george ferguson, senior analyst at bloomberg intelligence. we know at some point there is going to need to be aid coming from governments. why doesn't this happen soon? what is stopping us getting clarity on how all of this is going to work? , fore: good afternoon those of you in europe. i think we are already starting to get some clarity on how this aid is going to work. the airlines had until the end of last week, friday, to apply for the grants and loans from the u.s. my guess is that most of them did it. the grants will subsidize the labor cost over the next couple of quarters. all they have to agree to is a minimum amount of flying. we are working for delta this morning. we still expect that delta, they can't lay off any people. that got to keep at leas

from london, i'm guy johnson, with vonnie quinn in new york. we are counting you down to the european close on "bloomberg markets." european markets midrange. we've been in a very tight range relative to the recent swings we have been seeing. we are up around 0.6%. that is tiny compared to some of the huge swings. we are seeing a tightening of btp-bundund -- the spread. the euro is on offer, the dollar catching a bid. crude a little lower, down by 0.8%. opec warning of dramatic demand destruction. vonnie: let's take a look at where we are in the u.s. because it was a very next market earlier on. we seem to have at least changed our tune when it comes to the s&p 500, now up 0.3%. the nasdaq is up 1.25%. it is only the dow jones industrial average right now that is lower today. we had a raft of earnings and a huge amount of economic data, very poor economic data. in the s&p 500, it is some of the banks dragging it lower, but the dow's worst performer right now is boeing, which is down 5%. exxon mobil in there as well, and then j.p. morgan chase.

-- i'm guy johnson, with vonnie quinn in new york. we are counting you down to the european close on "bloomberg markets." peripheral markets have been a little on offer this week, but today we are seeing equity markets rallying, and for the most part, we have seen a bid on european equities. the stoxx 600 is up by around 2.3%. i think it is worth paying attention to what is happening with volume. volume is reasonably light in this rally, and that may not be a convincing factor when you think about its longevity. we are seeing the travel and letter sector -- travel and leisure sector bid today. there's a certain amount of dumpster diving going on. the euro is bid as well. brent up by 1.51%. vonnie: in the u.s., we are seeing those gains moderate ever so slightly. the s&p 500 up less than 1.5% now. citizens financial up 13% after earnings. we will speak in the 1:00 hour with the citizens ceo, so make sure everyone tunes and for that. boeing up as well after its factory will get up and running again. then there's a few more regional bank

this is bloomberg. ♪ york, i'mve from new vonnie quinn, alongside guy johnson in london.mberg markets." it is time for our stock of the hour with abigail doolittle. abigail: our stock of the hour today is boeing. boeing is getting back in the business of building planes. they will reopen their washington factory next week to resume production of several wide-body jets, including the 787 dreamliner. the company saying 27,000 people will return to the assembly line. you maybe be wondering about social distancing protocols, but it is pretty amazing. this factory is the largest building in the world, or about the size of 75 football fields, so social distancing is probably not an issue. as for some of the details, the company is not revealing the production rate. last year, relative to the 787, it was producing about 14 per month. they are also gearing up to resume production on that 737 max, and relative to recent news on that plane, customers did cancel 150 orders back in march. relative to commercial deliveries, not surprisingly with the coronavirus crisis and the fallout

johnsonm london i'm guy , with vonnie quinn in new york. we are counting you down to the european close on "bloomberg markets." travel and leisure the lead gaming sector today, led by lufthansa. we will get numbers from the airline sector throughout this week. i would caveat this, though. we are seeing quite low volume in today's session. that may be tells you something about the markets' conviction. the other thing is what is happening with brent crude today. not down as much as wti, but off by about 8%. euro-dollar catching a bid. we've had the boj today. the fed and the ecb still to come. after italy dodged a downgrade from s&p friday, you've got a trading 1.77%. yields moving lower, down by about seven basis points. still an awful long way to go on that story. vonnie: in the u.s., it is a positive session, slightly risk on. we have some guidelines for when the economy might start to reopen in new york city and in various economies around the country. markets hanging onto that. banks are the best performers in the s&p 500, which is up 0.

i'm vonnie quinn, along with guy johnson. this is "bloomberg markets." we march -- the month of we are getting home sales for the month of march. 15.4%, right about as anticipated. 627,000 new home sales in march. this comes after earlier economic data showing more dire news about the labor market. 4.4 3 million jobless claims last week. we were anticipating this, further evidence that the economy is in standstill. nevertheless, equities are higher today once again. , the s&p upp 0.7% 0.8%. looking for a rebound in asia as it begins to open up again. clinging onto any positive news about economies reopening around the world. the nasdaq up 0.9%. gold continues to rally. $1733.48 an ounce. plenty of currencies are moving against the dollar. how are we doing in europe, guy? guy: we are up, being driven by the oil and gas sector once again. we are trading near session highs. the stoxx 600 up by around 0.6%. relatively muted volume today, and to be honest, the volatility , soting to come down again bear that in mind. we seen a lot of central-bank news over th

this is bloomberg. ♪ ♪ guy: from london, i'm guy johnson, with vonnie quinn in new york.ou down to the european close this tuesday on "bloomberg markets." in europe, equities being affected by what is happening with the commodities story. we've got brent down by 20% today. we are still in positive territory, which is something we haven't seen in the u.s. over the last 24 hours. the brent contract trading at $20.27. copper coming under pressure as well. european stocks down by 2.88%. oil and gas and the mining sectors both under pressure. just about every sector in negative territory. earlier on, we saw some movement in the btp yields as a result of the italian prime minister suggesting he could be open to using an esm line. vonnie: tg

i'm vonnie quinn. welcome to bloomberg markets. u.s. stocks higher with the s&p 500 gaining more than 2% in the early going, now off session highs. investors pouring record amounts of cash into global high yield bond fund's as companies test is seemingly relentless appetite for risky debt. we get the view on corporate credit from christina minnis. and we will also speak with robert tipp of pgim. and the debate over when and where to open the u.s. economy. plan,esident outlining a leaving the toughest decisions to states, days after insisting he had absolute authority to steer the country's recovery. on markets.check the s&p 500 up 1.8%, being led by the energy index, even as oil reaches for a 17 and all. -- handle. the dollar index close to 100 again, 99.77. let's get to abigail doolittle for a deeper dive into the markets. abigail: stop gains on the days certainly stand out, possibility of the reopening guidelines from president trump. but what stands out more on the declines in crude oil. here is an intraday chart, down 7%, down much

vonnie quinn is over new york.g the countdown to the european close here on "bloomberg markets." equity markets around the world under a bit of pressure. here in europe, relative to other markets, it's not actually that bad. in terms of the picture looking at crude on the screen at the moment, that is probably the dominating factor at the moment. we've got brent crude down by 5% . new york crude trading down by 40%. but in terms of equity markets, we are seeing a flatter story. we are seeing a more defensive bias. the stoxx 600 now in positive territory. the pound is under a little bit of pressure as we watch boris johnson talk about his fears surrounding a second wave. a

i'm guy johnson in london, with vonnie quinn in new york.ock is trading higher in 3.75% today, up by about after the company reported a drop in profits in the first quarter and announced a $10 billion revolving credit facility to strengthen its finances. bloomberg spoke to the new ceo bernard looney a little earlier. >> if we think about it in terms of the actions that the government here in the u.k. has taken to strengthen and protect jobs, which i think was an early move, a quick and decisive move which will have a huge impact in a positive way, we have taken a decision here to not make any staff redundant for covid purposes for three months, and we've also taken the decision that we will, for example, not for low workers. we believe that a scheme like that is not intended for company like bp. there are far more companies in a worse situation than we are, and we are very focused on taking care of ourselves, taken care of our own finances. there are many levers we have in our hand. we will take capital down by 25% $1s year, maybe another bi

. ♪ guy: from london, i'm guy johnson, with vonnie quinn in new york. ."is "bloomberg markets verizon communications posting q1 earnings that beat expectations, but revenue that didn't. .tock down by around 1% now trimming guidance due to uncertainty when it comes to sales. joining us to walk through his company's performance in the last quarter and what can expect going forward is the verizon ceo, hans vestberg. thanks for your time today. we really appreciate it. your cfo was talking about the fact that you trimmed guidance due to uncertainty surrounding future phone sales. i am curious, where are we seeing that lack of visibility? thet in the sme sector, consumer space, the enterprise space? hans: we had a really good quarter. , and we% increase eps had 26% up on our cash flow. but we had some impact in the covid-19.weeks from we will see lower transaction -- when we talked about that guidance, we decided to guide on earnings-per-share as there are so many moving parts there. some are selected by us. we decided, for example, to keep america connected fo

guy: live from london, i'm don johnson come up -- i'm guy, with vonnie quinn in new york. we are counting you down to the rp and close on "bloomberg markets -- to the european close on "bloomberg markets." considering where we wear with the payroll number and considering it is friday, equity about 0.7% onwn the stoxx 600. oil stocks doing well. current crude -- brent crude up by about 12.5%. the pound is under a little bit of pressure. we are starting to see may be boris johnson's government facing more criticism about its inability to reach small businesses. volatility continues to come lower. the vix is down sub 50. here in the united states, the s&p 500 down 0.9%. just three industry groups are higher, and really, the highest among them are the food, beverage, and tobacco index. mainly, the banks are lower by 2%, consumer durables down by 2%. everything else down 1% or more. the 10 year yield at 57 basis points. i mean, essentially, the market is taking this really dire labor number very well. down seven for the month of for the down 701,000 month of march. was weeks be

from london, i'm guy johnson, with vonnie quinn in new york. we are counting you down to the european close right here on "bloomberg markets." clearly, the news over the last half-hour has been coming from the crude market. the president of the united states weeding that we could see 10 million barrels a day coming off of the market, and indication from the saudis that we are potentially looking at an opec+ meeting. the russians sounding a little cooler. equity markets are often earlier lows. 0.8%. now up by the energy sector doing all of the upside heavy lifting. we've got the energy sector here and gase, the oil sector up by 7.75%. brent crude off earlier highs. we did initially bounce north of $30. we are 24.3% to the good right now. another basis point added when it comes to the german ten-year. we continue to see the buck getting bid. $1.0865 when it comes to euro-dollar. vonnie: in the u.s., a nice rally after that tweet that saudi arabia is looking for an urgent opec+ meeting, and then, as if that rally wasn't enough, the president tweet

i'm vonnie quinn. welcome to bloomberg markets. hedge funds in the news. no rescue loans for them from the small, that is the latest guidance from the treasury. a little bit of controversy over hedge funds being able to access them. we will discuss what that means for the industry with robert christian at k2 advisors. tom barracks as the u.s. property market is in chaos and on the verge of collapse. highlights with our conversation with the ceo of colony capital. and a new bloomberg survey says the fed may hold interest rates near 043 or more years, and the balance sheet will soar above $10 trillion as policymakers seek to revive the economy from recession. we will discuss what it all means coming up. we had a good weeks worth of s&p already in the25 books. not a great quarter but we are ending the week on a slightly positive note. .o far, the s&p 500 is up .75% the nasdaq is up .6%. smaller moves from earlier this week, and all told, the s&p will be down on the week. to 37, so some better performance

i'm vonnie quinn.er today, we will be hearing from former treasury secretary fed chairman alan greenspan. this is bloomberg. ♪ from london, i'm guy johnson, with vonnie quinn in new york. this is "bloomberg markets." gsk areee -- sanofi and teaming up to create a vaccine for the coronavirus. they aim to start human trials later this year. supply the adjuvants. going us to discuss all of this, gsk ceo emma walmsley. thank you very much indeed for your time today. we greatly appreciate it. the big question surrounding vaccines seems to be at the moment, a, getting a suitable candidate, but how does it get scaled into sufficient quantities that are really going to make a difference. how are you going to achieve the latter part of the? thanks, and first of all, on behalf of gsk, a big thank you to all of the frontline health care workers battling this, and the scientists in our own company and around the world who are trying to stop it in its tracks. today say, we announced what we think is an unprecedente

guy: from london, i'm guy johnson, with vonnie quinn in new york. this is the european close on "bloomberg markets." equity markets just rolling off their earlier highs. banks very much leading the charge today. only one sector in negative territory, the health care sector. everything else trading higher. the banking sector in particular is outpacing the market, up by 3.5%, as we see regulators taking an even easier line when it comes to liquidity measures and capital ratios. andt crude up by 1.4%, catching a bid when it comes to the italian 10 years. btp's now at 1.587%. the focus remains firmly on what is happening with the european economy right now. we start the efforts to reopen. news from france that it will start reopening shops. vonnie: we have turned around substantially in the u.s. an amazing turnaround here in tone. suddenly very risk off, with the s&p 500 and dow down. the nasdaq is down one point 25% for the worst performance. , dow jones news reporting it is facing criminal and civil scrutiny into years of 77 max quality control lapses

i'm vonnie quinn. welcome to bloomberg markets. crude oil prices are getting crushed. wti is down 73% right now, barrel, as$4.91 a physical storage space rises. halliburton said it is cutting jobs and salary in this worst ever oil bust. the coronavirus pandemic continues, with deaths in the u.s. topping 40,000. some health officials embracing digital tools to curb the spread. we will get some thoughts from crystal watson. response to the pandemic and another round of stimulus. we will speak to new jersey representative josh gottheimer. 70% drop in wti, trading under five dollars a barrel right now and still nobody is buying. that has the s&p 500 lower but it is off of its lows, down about half a percent. lower, thoseso indices are down to present. the dow has actually turned positive, some leadership in tech. the dollar also strengthening. commodity currencies on the other side of that trade. 0.7%anadian dollar, weaker. basis-year yield at 54 points. moment forfor the the obvious indicators. abigail do

definitely. >> reporter: quinn's unit used pig's blood to simulate a head wound.hey knew they had to make it look convincing to leon. >> when you're dealing with a doctor who's probably seen wounds, then, you need to be as realistic as you can. >> reporter: he's been shot? >> yes. shot in the head. >> reporter: in the photos? >> shot in the head. yes. >> reporter: meghan's role was different. she played the victim of a kidnapping. >> we zip tied her hands, zip tied her feet and, then, duct taped around her mouth. for us, this is very clinical. but in meghan's case, it hit her. and the tears were flowing. and she just broke down. >> there's no words. i'm sitting there just hysterical. but i guess it made the photos look better because it was real tears. it was real emotion. >> reporter: meanwhile adam, the undercover police officer posing as a hitman, exchanged texts and calls with leon. >> i want that taken care of asap, too. this has gotta be fixed. >> most of the conversations have to do with leon asking me to hurry up and commence with the -- with the murders.

i'm vonnie quinn. welcome to bloomberg markets. here are the top stories we are following from around the world. u.s. and european stocks tumbling with the s&p 500 down 1.2%, pulling back from a seven-week high. it is off session lows as crude oil prices surge. another 3.8 million americans filed for unemployment benefits. jobless claims now topping 30 million just over the past six weeks. bank ispean central stepping up its response to the coronavirus crisis by cutting funding costs for banks. ecb president christine lagarde the euro area economy could shrink as much as 12% is here -- this year. let's get a check on the markets. the s&p 500 is down 1.2%. it is an earnings trade today. we will get into that in a moment. 8he 10-year yield at 50 i basis point. not really moving around that much. bid, pushinginy the 10 year to 58 basis points. story today is facebook and twitter. down 5%, a quarter of advertising revenue for twitter, even as an added subscribers. let's get a deeper dive. taylor riggs is standing by. taylor: mostly ris

guy: from london, i'm guy johnson, was vonnie quinn in new york. we are counting you down to the european close on "bloomberg markets." in europe, we are heading for our third consecutive week down. we got stocks down around 0.8%. we are down by around 0.8%. euro-dollar coming off a one-month low. it's bounced reasonably strongly . brent a little lower today now, down by around 1%. we are now trading at $21.14. vonnie: in the u.s. it has been a long week, but it is friday, and we are seeing movement on an overall index basis. the s&p 500 is quite happy at 2800, just off a couple of points. 120 reports are in, but next week is the big week for earnings reports. year-over-year earnings growth is down 17.6% right now as we stand. the s&p before today was down 13.4% this year. he did make back some of that ground lost, but we will see what comes our way next week. the 10 year yield has been in its range as well. we have crude limits high for the week, but nevertheless, up and helping to send oil companies higher. down 0.4%, but still around $17.25 an o

johnson, with vonnie quinn in new york. we are counting you down to the european close here on "bloomberg markets." we are in your session lows when it comes to equities. we find ourselves in a very different situation then we did yesterday. the stoxx 600 is down by around 3%. bankinggas and the sector certainly under pressure. the best thing to take away from what you are seeing at the moment is the spread widening we are seeing across europe. the market is in a position is the getting to believe that it is every nation for itself, and that is not good news for peripheral debt. 234 basis points between italy and germany. similar situation when it comes to greece, spain, and portugal. brent down really quite sharply. it does seem as if the opec+ unwind has pretty much run its course. the pound under a little bit of pressure. the dollar catching a bid. vonnie: the nasdaq its office lows.- is off its the s&p 500 down 2.5%. the worst performer right now is pvh, performing pretty poorly, down about 15%. many of the energy compa

i'm vonnie quinn. let's have a quick look at where we are. the next 30 minutes, we are speaking with ted goldthorpe bc partners. an interview that you don't want to miss, fantastic outlook on where we have been with the market dislocations. starts plungesing the most since 1984 as coronavirus rocks the real estate market. we will hear from cheryl palmer. impact of the coronavirus pandemic on the municipal bond market. nearly $4 billion in federal aid to keep running in the weeks ahead. let's get a quick check on markets. the s&p 500 has been making an effort to stay positive that we are down a 10th of a percent. the nasdaq still in the green. when it comes to the dow jones, boeing is the worst performer, proved to be a drag. the 10-year yield, down slightly after the economic data. back below $20 a barrel on crude oil. itn the government saying may give producers money not to take oil out of the ground. the next backup about 41. let's get some details from abigail doolittle on the markets. abigail: it

from london i'm guy johnson, with vonnie quinn in new york. we are counting you down to the european close on "bloomberg markets." let's see how we are trending on the new day of the month and the new quarter. not the start we were hoping for when it comes to equities. we are seeing a down day. volumes all right, though. 311.90. banks,seeing european particularly u.k. banks, under pressure. brent crude down by 4.5%. the dollar is bid today, and hsbc, along with a number of other u.k. banks, being pressured by the pra to give up dividend payments, and as a result of which company market is banking those payments out of stocks. u.s., it ishe another day of pain for the markets as the president suggests it could be two weeks of pain for the country. the indices are lower by about 3% apiece. we are off our lows right now. some treasury buying on the 10 year. we had a massive build in crude oil inventories. we did see crude oil dip, but we are back at $20.51. inventory is the least of market worry at this point. the dollar index 99.64, just a littl

i'm vonnie quinn.ork from home has become the norm over the past few weeks as the world looks to quench the spread of the coronavirus. digital infrastructure is making it all happen, the unseen hand keeping people and businesses connected. it is an area that will continue to grow and companies are in the space in the eye of the storm. joining us now is mark gandy, the ceo of digital colony, and slated to succeed tom barrick as ceo of calm the capital -- colony capital in july. an interesting story, transitioning from colony capital to quality digital. you are in the middle of it. how have you been able to sell estate adscial real you have ramped up digital infrastructure at the right time? >> thank you for having me on the show today. the journey for us on colony started two years ago, when tom barrick and i came together with the idea to create the world's first digital ,nfrastructure investment fund digital colony partners. as that fund we to deploy capital and have success, the board of colony asked

london, i'm guy johnson, with vonnie quinn in new york. we are counting you down to the european close this tuesday on "bloomberg markets." in europe, equities being affected by what is happening with the commodities story. we've got brent down by 20% today. we are still in positive territory, which is something we haven't seen in the u.s. over the last 24 hours. the brent contract trading at $20.27. copper coming under pressure as well. european stocks down by 2.88%. oil and gas and the mining sectors both under pressure. just about every sector in negative territory. earlier on, we saw some movement in the btp yields as a result of the italian prime minister suggesting he could be open to using an esm line. vonnie: to bring you up-to-date on the situation regarding the coronavirus in new york, governor andrew cuomo saying there have been 481 deaths in the last 24 hours, holding below 500. also some stabilization to hospitalizations. they are once again basically flat. we had about 1800 yesterday. governor cuomo saying the curve is on the

guy: live from london, i'm guy johnson, with vonnie quinn new york. we are counting you down to the european close on "bloomberg markets." equity markets catching a bid as a result of brent stabilizing. seeing a nice bounce back when it comes to the price of crude. you broke the data earlier on. that is adding to the story as well. in the likesca 8% of brent right now. the oil and gas sector the lead gainer when it comes to the sector perspective. we are seeing action in the peripheral bond market today. yesterday, huge action for italy. now it is spain's turn. on whenoming up later it comes to the issue of junk bonds as collateral, and a big eu meeting thursday on whether we see any mitchell is asian -- any mutualization. vonnie: we are seeing a nice bounce for equities today. the dow in the s&p both up 1.5% to 1.7%. the nasdaq up 2.1%. all industry groups in the s&p 500 higher, even though we are off our highs for the day. the one teetering on the edge is the home wherein transportation index, but they are basically flat to down 0.1% or so. some goo

i'm vonnie quinn.'s get a quick check on the markets. the major indices continue to edge lower. all of the groups are in the negative. the dow is down almost 2%, as is the nasdaq. 27.10 per barrel. coming up, we are talking to tom colicchio. you know him as the employer of almost 300,000 people. , was het day of the ppp able to apply? we will speak to him about that. this is bloomberg. ♪ awesome internet. it's more than just fast. it keeps all your devices running smoothly. with built-in security that protects your kids... ...no matter what they're up to. it protects your info... ...and gives you 24/7 peace of mind... ...that if it's connected, it's protected. even that that pet-camera thingy. [ whines ] can your internet do that? xfinity xfi can because it's... ...simple, easy, awesome. [ barking ] vonnie: live from bloomberg world headquarters in new york, i'm vonnie quinn. welcome to bloomberg markets. global market sinking deeper, with you -- s&p 500 extending losses from thursday, closing lower fo

london, i'm guy johnson, with vonnie quinn in new york, we are counting down to the european close right here on "bloomberg markets." stockss of european right now, they are near the session highs as we approach the last half hour of trading here in europe. oil and gas are the lead story in terms of the breakdown with the bottom of the screen, up by 12%. we are reversing some earlier gains that we saw around headlines in the euro-yen, but we have seen written headlines coming out of the ecb in terms of a briefing delivered to eu leaders who are currently i conference by video, painting a economicure of the story coming out of europe. that is kind of backed up by the pmi data that we saw a little bit earlier on, particularly in the services sector, where we have seen a poor number being delivered. bonds are performing a bit better now, a tightening of the spread, 200-4150 is where we are trading right now. in the u.s. we are seeing gains in spite of the initial jobless claims figure that put shivers down your spine. stocks are just going the other direction. the s&p 500, up 1.4%. the nasd

i am vonnie quinn and welcome to "bloomberg markets pick out ." digesting the latest round of corporate earnings and a recovery might come sooner than expected. lawmakers prepare another round of stimulus to counter the impact of the pandemic. passage to a $484 million package. investors pulling $33 million in hedge funds. they gained ground in q1. turn to the market to get a quick check. we were higher earlier and holding onto those gains. the s&p 500 up. the nasdaq is up 2.4%. the dow is up 1.8%. chipotle is at the top but like many other companies it beat estimates. the dollar continues to strengthen. standing by with a deeper dive into the action we have taylor riggs. taylor: you mentioned crude on your board and i wanted to start with oil prices. they were up 20% or so after six days of losses. they're trying to rebound but still down where the 50%. it is unbelievable the price action. u.s. oil inventories have risen for a 13th straight week but there is potential positive news. yesterday, they were shortselling on a stock and if it plunges m

i'm vonnie quinn.il's meltdown a ring today as the world runs out of places to store crude and grapples with negative pricing. president trump and others weighing in on the crisis. >> nobody has ever heard of negative oil. >> we probably will not see this again in my lifetime but it is a reflection of how oversupplied the market is, how weak demand is, and how tight the term structure has gotten. >> i think your concern to see it come into balance next year. going forward, north american production will be structurally impaired. >> it is a perfect storm for the oil producers out there, and you are seeing that reflected in the prices. >> this is not good for the u.s. economy. >> everyone will be looking at and taking signals from what is happening. june couldecovering, end up following may. vonnie: let's discuss how companies will survive in this time. mayor,joined by regina kpmg global head of energy. paint the picture of houston. we are seeing stories of oklahoma, north dakota absolutely devastated by

on vonnie quinn. saysard chartered ceo singapore and hong kong could recover from the pandemic in the second half of the year. francine lacqua spoke about what the western world could learn about controlling the virus. >> the bank of england took the view, understood the view that given the uncertainty around this crisis, uncertainty in terms of financing requirements, uncertainty around the losses that banks will take, it's appropriate to be atraordinarily -- despite strong liquidity position and loan but today, regulators have taken the view that prudence should rule the day. i understand that. when can we get back to something like a more normal capital strategy? role ofhave to see the banks helping the world recover from this tremendous shock, has largely flown through. we can all speculate how long that will be. i think we will see the ability to return to normal by the end of the year, but economic challenge will carry on for years. i don't think that means we wait for years before we can manage

vonnie: live from new york i'm vonnie quinn. this is bloomberg markets. get right to the markets in the u.s. because we are seeing a continuing deterioration. the s&p,s in a d.c., all down by 2%. s&p 500 did have a couple sectors in the green earlier, right now the only two are the retailers and the semis and semiequipment. retailers up 1%. we have energy down about a percent even as we get that 10 barrel a day agreement. crude oil is only up nine cents. get more insight "on the markets" as investors prepare for earning fees marked by the extraordinary uncertainty over corporate profits. lisa g us on the phone is abramowicz, senior analyst at ubsf financial services. the fact that the junk bond index on the screen anti-yield has come in lail bit thanks to the actions. not just high yield indexment many of these outliar assets are showing a little bit of relief i suppose you could say. what does that say to you at ubsf financial services? lisa: i think it's very important that the fed did what they did. obviously after easing tremendous amount of of keep i

i'm vonnie quinn. welcome to bloomberg markets. in just a moment, will be hearing from the former chair of the federal reserve alan greenspan, this coming on the first day of the fomc meeting. 24 hours before the central bank decision and economic guidance. newstors eagerly awaiting from the fed. will have a lot to say on that in just a few moments. let's get a quick check on the markets. we had been seeing a nice bounce today. that got erased. we are sort of in the middle with the s&p 500 around 2880. stronger. the bank of japan supporting its economy. 33, bouncing around a little bit today. crude oil heading toward 13 but we are really in this range between 11 and 13. let's get a deeper dive into the markets. taylor riggs is standing by. taylor: let's take a look across asset, yields are falling along with the equity markets. the 10 is down to 61 basis points. the 2-year on down to 20 basis points or so. that means high grade is rising, but high-yield also selling off. similar things happening in ene

i'm vonnie quinn. welcome to bloomberg markets. u.s. stocks rebounding after an ugly start to the week. the s&p 500 regaining all of yesterday's losses and then some. the index now on track or its third positive session in four. gains coming despite difficulties in earnings season. wells fargo reported an 89% drop in net income. both banks are setting aside billions in loan-loss provisions as the coronavirus pandemic brings the u.s. economy to a virtual standstill. jamie dimon says the road to recovery will be a long one. he tells investors the u.s. economy will not only reopen until at least the summer. more highlights from the banks earnings calls coming up. let's get a quick check on the markets. the s&p 500 on track for a fourth positive session, up 2.7%. just the banks really are lower in the s&p, a few oil companies. crude oil trading down 6.8%, back hello $21 a barrel. back in itsyield range. the vix at 38 and change. let's get a deeper dive into the markets with abigail doolittle. abigail: you

i'm vonnie quinn. welcome to bloomberg markets. here are the top stories we are following from around the world. stocks are gaining ground as economies edged toward reopening in the wake of the coronavirus pandemic. good earnings from deutsche bank wave.second ppp meantime, no end in sight for the trouble in the oil market. wti plunging below $12 of the barrel. down nearly 30% as a selloff in oil etf's grows. the outlook for the restaurant industry. will be speaking with daniel boulud. up. conversation is coming let's get a quick check on markets. the s&p 500 is holding onto gains of 1.4%. 1% plus for most of the session. yen is paring some of its gains. 107.29 after the bank of japan said it would do what it takes to keep the economy in check. the 10-year yield at 64 basis points. they are in that range, quite happy to stay there. president trump and retailers are set to announce expanded coronavirus testing programs. that is something to look out for. standing by is taylor riggs with a deeper dive into the market. taylor: some br

this is bloomberg. ♪ i'm am withndon, vonnie quinn in new york.uropean close on bloomberg markets. time for our stock of the hour. taylor riggs, over to you. taylor: i want to add roku to the list of companies benefiting from a shut down america. the streaming service added 3 million new this year. let me break down some of the specifics. let's take a look at the bullet points of all of the things we are seeing. they added 3 million accounts. they are forecasting next quarter revenue to be $317 million, that is higher than their previous outlook. the companies the customers are put sevenn average hours per day per average per account. let me show you what that means. ipo, roku is up 663% relative to some of the other streaming. a lot of analysts are saying that while user growth is up, the ad environment is very weak. roku may not benefit financially given that user growth may not stand site -- may not translate into more ads in this environment. i want to talk about the increase in accounts. userte the strong additions, growing uncertainties abou

i'm vonnie quinn. welcome to bloomberg markets. u.s. stocks are sinking today as investors gear up for the start of earnings season. the s&p 500 off 2%, on the heels of a shortened trading week that saw the biggest gains since the 1970's. the month-long price war over crude oil coming to a close. the world's top oil producers making an historic deal to cut output by nearly a tent. we spoke to an energy secretary about what it means for the united states. very sought after views from gramercy funds robert koenigsberger, along with mohamed el-erian. all about to come in the next 30 minutes. let's get a quick check on the markets. the s&p is down 1.9%. the only sector higher are the retailers, but in the s&p, that includes netflix and amazon. crude oil up $.43 right now, 1.9%. the retailing index, up 1.6%. abigail doolittle is with us now for a deeper dive into the afternoon session. abigail: it is certainly a risk off tone with the across asset class check with stocks lower. a look at the major averages,

this is bloomberg. ♪ ♪ guy: live from london, i'm guy johnson, with vonnie quinn in new york.ng you down to the european close here on "bloomberg markets." we are in your session lows when it comes to equities. we find ourselves in a very different situation then we did yesterday. the stoxx 600 is down by around 3%. bankinggas and the sector certainly under pressure. the best thing to take away from what you are seeing at the moment is the spread widening we are seeing across europe. the market is in a position is the getting to believe that it is every nation for itself, and that is not good news for peripheral debt. 234 basis points between italy and germany. similar situation when it comes to greece, spain, and portugal. brent down really quite sharply. it does seem as if the opec+ unwind has pretty much run its course. the pound under a little bit