i am john hyland. this is bloomberg. ♪ john: welcome to bloomberg markets.riti: green on the screen for the equity markets. a lot of stories drive the macro action today. s&p 500 up 1.4%. it is not just the stock market. the bond market is as well. almost unchanged. underneath the surface, intraday volatility about five or six basis point in either direction. keep an eye on how the bond market chooses to close off the year. the volatility in the bond market, the dollar does follow. not by a massive margin but that tick by tick move matters. the dollar index stronger by just .1%. the crude markets really flying high alongside the equity market. brent crude trading at an $82 handle. john: it feels like you get there were dark and find generally speaking some green in the s&p 500. the earnings stories overnight that have fueled part of the rally have been some of the bigger gainers. nike shares of close to 14% after crowdpleasing numbers. the company showing signs of working through some excess inventory. we have seen a lift in names like footlocker and under a

i am john hyland. a surge in covid infections in beijing as china warns it faces a big jump after scrapping most testing and isolation of infected patients. in a breakthrough discovery, moderna cancer vaccine will reduce the risk of melanoma death. the findings provide the first real evidence of benefit for an mrna cancer therapy. >> cancer is not a death sentence. it will be a disease in five or 10 years like diabetes or heart failure. you have drugs to be able to help you lead a normal life and that excites me. john: the two therapies cut the risk of death or recurrence 44%. airbnb released a study revealing a race-based discrepancy in approval ratings. guests perceived to be black had a 91.4% acceptance rate while those as white had a 94.4 acceptance rate. this includes data from an initiative in 2020 partnership with the online racial justice organization color of change. in the u.k., the government's warning of disruption in the nhs. nurses and annuals drivers are preparing to go on strike in the

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i am john hyland. this is bloomberg. ♪ >> welcome to bloomberg markets.att: i am matt miller, in for kriti gupta today. we are trading at session lows on the s&p right now. you can cs down at 4006 right now. the u.s. 10-year yield up more than 10 basis points right now, at 3.5883. we are seeing a little more strength in the dollar. those two are headwinds for risk assets. as they move higher, if they increase from your, expect to see more pain in equities. almost 3% down for crude. a drop in crude, even as, at least this morning, we were looking at more openings in china. it should have been risk on, and it looks like it is going the other direction. jon: let's take a deeper look at some individual movers. you are right that the general tone at this hour has been largely negative most sectors impacted by that. there are some other reality checks. within the retail sector weakness today from viad corp as they once again are warning about their outlook in the ceo is announcing his retirement. the other issue out there is valuations. you have deutsche bank w