i'm angie lau. here's what we are watching. the dow is on track for its longest losing streak in nearly a year and crude oil falls the lowest since april in new york. scarlet: in japan growth remains far behind. angie: america's fight against zika takes another turn after the cdc's warning. dr. anthony from fauci. we are halfway through the u.s. trading day. julie hyman has been tracking the moves. s&p on track for the biggest loss in a month. back-to-back declines in more than a month. down for seven straight sessions. it has still been a pretty tight trading range for stocks the past couple of weeks even with today's decline. we had been moving incrementally higher. one of the things putting pressure on stocks today is oil. energy stocks had been holding up their games but now we are seeing below $40 a barrel. we will get the weekly inventory data from an industry group after the close today. from the government the official data tomorrow morning. 500of the groups in the s&p are now lower with the

i am angie lau. scarlet: i am scarlet fu. what we are watching. u.s. stocks, the dollar, and treasury yields higher after a strong july jobs report. does this leave the fed on track to raise interest rate after the september meeting? angie: new york regulators are turning up the heat on goldman sachs. bristol-myers shares slumping the most in 14 years. its big bet on a cancer treatment is not getting results. can the drugmaker recover? we are halfway into the trading day. let's go to the markets desk, where ramy inocencio has the news. ramy: our markets are near session highs after the jobs report coming in at 255,000 for the past month. the s&p 500 has hit a new intraday record. 21 82.33, to be exact. we are a little off of that. 500aq as well as the s&p will close at record highs. chief among them, the banks are the biggest beneficiaries of what has been happening in the markets. is up to sector it wells fargo is the least of the big four. it looks like bank of america is the most. and take ah gears look at earnings to tell

i am angie lau. scarlet: and i am scarlet fu. etermine who wins this year's presidential election. with peterpoke atwater. peter: that is what the latest figures from gallup confirm, that 2. /3 of democrats are optimistic, and over 70% of republicans are not. so it is a two-tiered situation in confidence. it appears to be bifurcating dramatically by political party. because republicans are an angry or group of people in this survey, or have they missed out on the recovery that we have seen since 2009? peter: there is no question that if you look at the makeup of those who are reporting as republican or are leaning republican -- they are suffering under confidence. the recovery, particularly for white middle-aged males, has been really debilitating. section is definitely a of america for whom this has been a recovery. matt: we talk a lot often, and i notice especially those who are running the country currently, talk about the jobless claims being so low, and gdp growth coming back, but it is really -- i mean, it is like looking at

angie: i'm angie lau.ts desk where julie hyman has the reveal on today's mistry chart. switching to a mystery chart from a mistry stock format. this caught my eye. it has to do with the s&p strategists for the s&p 500. the s&p 500 has rallied so much even though it has been moving sideways. it has rallied so much that it strategists average format and this has not happened since 2014 and is relatively unusual since strategists seem to be relatively optimistic historically. this is the trajectory of the strategist forecasts and you can see it bump up again for the first time since 23rd scene. it's not the only chart i have been looking at. this is part of a theme we have been talking about regularly, the daily percentage swing in the s&p 500. it has been very small. this is the 18th straight session we have seen the movement either up or down of less than 1%. the last time it happened was on july 8. that was the last time we got a jobs report. that causesif another point swing of the same kind of magnitude.

i am angie lau. this is "trending business". ♪ angie: we will be live in singapore this hour. first, here is what we are watching. japan at a one-month high and set to wipe out the losses for the month. will shopping, ever grande continue acquisitions despite debt that sword to $54 billion. apple, big bite, big tax bill from the eu, saying it never had , sweetheart deal in ireland the effective rate .005%. you can follow me on twitter, and don't forget to include #trendingbusiness. japanese stocks outperforming the region. malaysia closed for a public holiday. singapore and taiwan coming online. latest here. we are seeing that solid session coming through , so aapan, up by .9% end august.tive i we did have production figures from japan missing the mark, down 3.8%. it doesn't seem to have stopped the buyers. taiwan flat, some downward pressure in singapore. korea, some downward pressure, off by .1%. we had a solid session tuesday come through from the kospi as the won rallied against the dollar. industrial production out of south korea as well, up by 1.6% july year on year. aus

i am angie lau. is "bloomberg best," the weekly review of the most important business news and interviews from bloomberg television around the world. angie: looking at top headlines, the merger uniting two of the largest companies. ♪ >> a big new deal in china today, the ridesharing company didi has agreed to buy uber's chinese subsidiary. tell us about how this will work. >> based on the announcement, our understanding is that didi will form a new entity valued at $35 billion and both will become minority shareholders, and also the founders will become -- they will sit on each other's boards. this is a combination of a battle that has been lasting for more than a year. >> this outcome is something that is a win-win for both companies. didi is worth more today because of the deal and also uber shares are worth more because of the deal. angie: solar city falling, the price lower than what was initially offered in the biggest deal to date. tesla goes through a lot of cash and a solar city needs cash fl

i'm angie lau. i'm yousef give the disease. -- i'm yousef. >> good to see you, angie and yusuf. let's talk about some of the earnings. we will focus on the mining sector. we will get numbers from glencore. the switzerland-based company has been in the midst of a big turnaround plan for dealing with the company upon's -- the company's woes. first to roll out a rescue strategy that included scrapping the dividends, disposing of assets, and slashing spending. they have been doing a lot, and they have been rewarded in terms of the share price reaction. they have made progress with his plan. we will be looking for commentary. will be to dividends possible next year, so we will see what they say about their overall debt levels and where the country goes from here, and put it in the context of the sector. rio has reported their earnings, and it has highlighted what a dire period it has been for some of these companies. other big earnings reports are you looking at? angie: -- only about mining, but advertisi

i am angie lau. a 30 a.m. in to buy.tarting to countdown to the start of the european trading day. know juste want to foreignlient the investment story has been in the u k, has it managed to maintain ?ts attractiveness i do not have the answer for that this morning but i do have a few clues as to how things were going in the run-up to the brexit vote. increase in the total number of projects funded by foreign direct investment. this is the way you came government report its data. a record number of investments were made making the country europe's most popular for external financiers. financial markets pushing up the level of investment they made. funders for foreign investment remain the u.s. and china and india. this is a little backward looking, it goes to april but it shows that investors were not deterred too much by the threat of the brexit vote which we did know was going to take place throughout that investment time. we will have to wait to see how it performs. yousef: very interesting. elsewhere in europe the sp

i'm angie lau.ting battle between apple and spotify, leaving musicians cotton in the crossfire. sources tell us that spotify has been retaliating against musicians who introduce new material exclusively on apple music. the fight begin. let's get to haslinda amin for more on that. what is happening, and what is spotify doing? haslinda: call it a bitter battle in the streaming space. talk about alliteration. when fingers and bands give apple music exclusive rights to release a song, they get targeted by spotify. according to people familiar with the matter, their songs get buried in spotify searches, and even when the songs are made available to spotify, the tags don't get featured on the playlist. according to them, this has been going on for about a year, but it escalated in recent months. apple and spotify have been added since before -- at it since before apple made the debut, especially after apple proposed changing songwriter royalties that would increase costs for rivals like spotify. the strea

. ♪ angie: i am angie lau. p'slet: i am scarlet fu blumberg markets.from the newsroom. findsa new gallup poll voters are more likely to support hillary clinton after the democratic convention than donald trump after the republican convention. likely to support donald trump after the convention, compared with 61% less likely. 65% say they are more likely to support mrs. clinton postconvention and 41% say they are less like a to support her now. some clues about what happened to the hot air balloon crash in texas over the weekend. all 16 people on board were killed when the balloon hit high tension power lines. authorities looked at cell phones ipads and three cameras that were recovered from the wreckage. there has been no claim of responsibility for the downing of a russian transport helicopter in syria. all five people on board were killed. it is the deadliest single incident for the russian military since it involvement in their civil war of the helicopter was returning to a russian airbase after delivering humanitarian goods to the city. the iran su

. >> i'm angie lau. here's what we are watching. its longest losing streak in nearly a year and crude oil falls the lowest since april in new york. scarlet: in japan growth remains far behind. angie: america's fight against zika takes another turn after the cdc's warning. dr. anthony from fauci. scarlet:

i'm angie lau. --sef: it is a: 30 in dubai 8:30 in dubai.ust getting you started on the european trading day ahead. good to see you. let's start off with the macro agenda. we've had weeks of silence in the ecb. mario draghi not speaking for many weeks now. investors are left to her through the details of the latest releases. we get a couple of key ones today. see0:00 u.k. time, we will inflation rates of the eurozone, unemployment data also dueut. will it be much of an impact from the brexit vote, or is it too early to see an impact? the council next meets on september 8. the data hasof suggested that the 19-nation euro zone is showing few signs of losing case. jpmorgan and deutsche bank are among two of the banks that have pushed back their projections of further easing from mario draghi. is something to talk about with extent to the eurozone gross story. that will be the focus. yousef: that's on the economic front. without anybe a day political drama in europe. what are you looking out for? politicalplenty of drama, in many quarters, it se

i am angie lau. this is "trending business". ♪ angie: we will be live in singapore this hour.e watching. japan at a one-month high and set to wipe out the losses for the month. will shopping, ever grande continue acquisitions despite debt that sword to $54 bli

. >> i am angie lau. stories from rio de janeiro to washington to beijing this hour. here's what we are watching. better than forecast jobs data sending u.s. jobs -- stocks to a new record. the latest jobs report will test donald trump's pitch to make america great again as he relies on economic advisers to carry his message forward. angie: to the copper market we go. goldman sachs sounds the alarm for the price of metal to fall below 4000. what we should expect a supply storm, and how to prepare for all of it in this hour. scarlet: we are halfway through the u.s. trading day. let's goth

." ♪ angie: i'm angie lau. a top stories this hour.s in tokyo, on a day when the rest of asia is falling. he told jackson hole he has plenty of room to add. japan's giant government pension fund may go shopping after the value of its investments tumbles, it might have to spend $53 billion. and it was to the rescue, sinopec outperforming big rivals. 98%, and a first ever first-half loss. also coming up, caught in the crossfire. artists find themselves caught up in spotify and apples fight for streaming supremacy. juliette: and i am juliette saly keep an eye on the markets. it is a tale of two central banks today. governor kuroda's comments that the bank of japan may add more stimulus is lifted -- has lifted the nikkei up over 2% on the lunch break. emerging-market stocks entrancing getting a hammering after janet yellen putting the likelihood of a september rate hike on the table. the yuan at a five-week low.

lau and kevin yen versus the department of public works. bureau street use and mapping. the property is 758 and 787 the 33rd ave. protesting the issuance on june 14, 2016 to crown castle angie west llc. the wireless box permit construction of a personal wireless service facility. >> we will start with the appellants who has 7 min to present >> good evening. welcome. >> hi. good evening everybody. my name is kevin yen did i live on 33rd ave. this is regarding the wireless box in the [inaudible] avenue. the violation of article 25 in the way down comcast handled this case. the first one, they're using an old picture in notification. it needs to be updated because the new, it has been changed. they're using the old i would say probably a year and four months at least, old, picture. which is not [inaudible] the neighborhood in. i can show you a picture. this is the one that notification from the comcast. you see the tree? [inaudible]. the whole building. as of today, the tree has been like this. so, is that the picture doesn't really show. they're using the old picture to show the people and when people look at it, they don't know what's going on with this. also, the second ite