welcome to the bloomberg bnn audience.ew italian prime minister and that is mario draghi, our old pal from the ecb. he just accepted the offer from the president of italy. he has officially done that and named his cabinet, including foreign minister, finance minister, and ecology minister. that might be a new one. after reporting his fourth order earnings, they created two new products businesses. we are joined by mark vergnano. congratulations on earnings. tell us about the specialty chemicals business. why now? mark: hi. we had a very good earnings report as you stated. very strong finish to the year after a very difficult 2020 for all of us. our product segment is one that has a lot of essential products. it has refrigerants, polymers, membranes, many product lines. we split that in two because we want to focus both segments on high-growth segments but they are very different. different customer base, different technology. they don't have a lot of synergy together. splitting them allows our investors to have true transp

this is bloomberg -- our bnn colleagues.his is bloomberg. ♪ mark: i'm mark crumpton with bloomberg's first word news. u.s. private-sector payrolls barely grew. the unemployment rate dipped to 6.3%, partly because people gave up looking for work. president biden noted u.s. businesses and workers need his $1.9 trillion stimulus package. >> it is clear our economy is in trouble. we added just 6000 private-sector jobs in the country last month. overall, we added 49,000 jobs. this at a time when we have more than 10 million people out of work, 4 million people have been out of work for six months or longer, and 2.5 million women have been driven from the workforce. mark: the president is countering pushback from republicans who say the plan is too expensive. the house voted to strip marjorie taylor greene of her two committee seats. that is for embracing conspiracy theories and violence against democrats. 11 republicans voted with the democratic majority. congresswoman greene said she disavowed her previous views. starting februa

i'm glad we are joined by our bloomberg audience is -- bnn and bloomberg audience is -- audiences.a big freeze, big damage. in just a moment, we will speak to the ceo of cantor fitzgerald. we will talk about the robinhood hearing and the continue to boom . we will hear from the cofounder and ceo of 3d printing manufacturer desktop metal. they just announced a new acquisition. amanda? amanda: we are watching markets just a little bit. they have been in positive and negative territory. back in negative territory. it is industrials that are really the focus today. caterpillar up 4%. then applied materials. all trading higher on results. applied materials up 6% today. still some believers. markets are still close to records even as they try to little bit weak here. keeping our eye on the news flow they have to face. lately, it has been earnings. a bit of a selloff in the price of oil maybe on the hope and expectation that things are improving -- improving in texas. for oil companies, it may be slightly more complicated as they review the damage that has been done to their operations. a

we i joined by both are bloomberg and bnn bloomberg audiences.are the stories we're following. we will take a look at ridesharing, with lyft reporting after the bell and uber results out tomorrow. twitter earnings also after the bell, we will discuss what we can expect as they build out a subtraction platform. and the boom is wearing out. firms are warning of market challenges after the flood of listings in the last year. amanda: we are seeing markets generally flat, if possible some positive momentum here and there, because they are in record territory in some cases. you might see new highs today, especially in toronto, but s&p 500 is modestly negative here. some of the faang stocks are doing ok, others are weak. energy is a drag on the broader picture here. no help from industrials, financials, and you can see the nasdaq is not offering much support here either. we are watching individual names as they report the results. generally, the news has been good. the reopening trade factors into a lot of these names, some big ones on the docket, inclu

we are joined by our bloomberg and bnn bloomberg audiences.are the top stories we are following from around the world. the u.s. power crisis. blackouts hit states from north dakota to oklahoma. the latest on the energy front as power grids remain crippled, and millions go without power. then we will speak with the ceo and founder of hyliion, thomas healy, about competition in the ev space as ompao public by spac, and making more billionaires like him. dino -- finally, we will speak with the ceo of bacardi about the spirit industry in the midst of the pandemic. a lot to cover today, amanda. amanda: we are watching markets be pretty quiet here. close to records, we have seen stocks trade into record territory and then back out of it. we are seeing the reflation trade we've been watching in recent sessions. optimism about vaccinations and the earnings sending stocks higher. the nasdaq and tec in general is a bit of a weak spot. energy is the real standout today. that subgroup of the s&p 500, not a heavyweight. along with pot stocks, that market i

we are joined by our bloomberg and bnn bloomberg audiences.the top stories we are following from around the world. on the retail trading frenzy and aga the short-sellers. veeva ceo peter gassner on the company decision to convert a public corporation. apple taps the bond market. taking advantage of cheaper borrowing costs, tapping the market for a third time since may. amanda: it is broad-based advance across north america. we have seen tech back in the leadership role of the s&p 500, but every group moving higher. energy is the weakest group, performing fairly well north of the border, but certain groups remain in focus. it looks like a rotation back into the leadership of this market. we are still watching the commodity space, silver, perhaps the new focus of retail going after short-sellers. looking forward to that conversation with carson block. one focus is for corporations to think about advancing the novel idea that perhaps a corporation should look the on stakeholders. the public benefit corporation is intended to do that, to enshrine

we are joined by our bloomberg and bnn bloomberg audiences.e the top stories we are following from around the world. we will discuss the retail frenzy investing with george pearkes. we will also turn to tech earnings with alphabet and amazon out after the bell. dan morgan joints. and exxon posted its first annual loss in 40 years. we will discuss their right down as the company tries to defend its dividend. amanda: we are certainly seeing stocks gaining across the board. the broad market in the u.s. higher for a second session. leadership a little different today. growth stock doing reasonably well but not leading higher. financials are the biggest, industrials close to the top. we are seeing some attention being paid to big tech with two heavyweights reporting after the bell. energy is up 2% as a subgroup. one of the notable effects showing up in the toronto market is that we are seeing a reversal of some of those frenzied trades. gamestop, blackberry, and silver weighing on the group in total. perhaps inevitable to see a reversal of that kin

we would like to welcome our bnn canada audience, this is bloomberg television and we are discussinghe latest on the vaccine this hour, the distribution with erictoner of johns hopkins and on your screen, you are also seeing a spacex test, it is a test of whether it can properly hold a super chilled oxygen. it's one of the reasons why the test flight did not work and we saw an explosion. i will handed over to amanda lange in toronto. amanda: the pace of vaccine rollout will be something closely watched along with the face of buying bitcoin. we have many of the markets still trading at record highs as they remain in positive territory. the s&p 500 is somewhat mixed on the internals and although energy is a lesser weight in america than canada, it's up almost 4%. energy stocks are moving higher and we are seeing a return to the types of trades that would characterize this year and that's the 10-year treasury yield rising and the dollar weakening. we have seen reverse of those in the past few weeks but they appear to be back in business as a trade at least for today. vonnie: you're goin

matt: welcome to you and we welcome both are bloomberg and bnn bloomberg audiences. i met miller.our top stories from the bloomberg terminal. fount -- sounding the alarm for risk assets. yields on u.s. debt sore and a possible warning sign for speculative euphoria. we will discuss what is behind the dramatic move in the market as the 10 year yield rises above 150 pair the highest level in a year. zillow pushes into homebuying. the real estate giant putting cash behind its estimates and its strategy to embrace home flipping. we will discuss with jeevan analytics offers are -- office area stan humphries. the bloomberg crypto summit is underway. we will bring you the latest from the event as cathie wood says bitcoin has trillions of dollars in market cap potential. amber: all right, that investments that arc has is the poster child for some of the victims we are seeing in the market right now, as a result of that huge move that we are seeing in the bond market. do u.s. 10 year touching 1.5%. the highest level since february 2020. but is having all kinds of ripple effects in the marke