about julie.ing else, to defend her. all declined. >> thank you very much. >> barring a successful appeal, julie harper will die behind bars, alone. >>> that's all for now. i'm lester holt. thanks for joining us. >>> this sunday, political "the hunger games" in the gop. ted cruz sweeps the delegates in colorado. >> i think we will go in with an overwhelming advantage. >> it looks more and more like we're headed to an open convention that could deny trump the nomination. the man trump just hired to save his campaign joins me. >>> plus, look who got nasty this week. >> he hasn't done his homework. >> i don't believe that she is qualified -- >> they called a truce, but is the damage done? joining me this morning, bernie sanders and new york city mayor bill de blasio, a key clinton supporter. also, ryan's hope. many republicans want paul ryan to be their nominee. he says no. so what's this about?

maybe that's what happened to julie?me in and they startled cleo. >> reporter: dog started to bark and go for them? >> uh-huh. it caused julie to wake up and they got scared. and they shot her. >> it made perfect sense. >> reporter: but for detective carter, the burglary theory of the crime wasn't panning out. even as they sorted through the rubble, detectives at the scene found untouched valuables. two safes, a cache of guns and julie's purse sitting in plain sight. >> reporter: you think an intruder would have grabbed it? >> you would think so. >> reporter: so carter set out to follow the most promising lead he had. who was this woman deanna? the text messager who wondered if keith made it home ok. he had described her as a "guy-friend." >> there was just somethin' about that text message that seemed to stick out. and it -- and it seemed to create that question of, you know, what's missing here? >> reporter: carter had called ahead to the authorities in the indiana town where deanna lived. woman down to an interview ro

they were passed on to julie. >> and why julie?she took care of my grandparents when they got elderly. when my grandparents moved into assisted living, julie was the one that took 'em. >> and because john and lisa take care of aunt julie in her dotage, she leaves them this strange inheritance. what was your reaction as you opened those first boxes? >> it was mind-blowing, really exciting. >> there's china, tiffany silverware, coins, stamps, antique books, clothing, toys, and jewelry. and how many items are we talking about? >> thousands. >> so after tossing aunt julie's actual junk, including decades of old newspapers and mail, they reach out to richard oliver, a family friend and local auctioneer. >> we knew there was enough value to get historians and people like richard involved. i mean, my brother and i couldn't have settled this estate by ourselves. >> indeed, richard will need an entire team to go through all those boxes and catalog everything. >> i said, "listen. john, you pay the expenses. i'll keep the buyer's premium." >>

i'm julie banderas. topping the news, new anti-terror raids in brussels as authorities say they have now identified the mysterious man in the hat seen walking with the two airport suicide bombers. and another black eye for a washington state psychiatric hospital one day after capturing two dangerous escapees, administrators now admit a third man has gone missing. >>> and 100 days and counting until the opening of the republican convention. boy, what will that be like? will it be contested? the candidates are already planning as the excitement continues to heat up. first, the republican battle for delegates turning to colorado. ted cruz looking to keep the momentum rolling against donald trump. the texas senator trying to take home a win today at the state's gop convention. this as rival john kasich holds a rally in syracuse. the ohio governor hopes to gain ground ahead of the new york primary on april 19th. turning to the democrats, they are also campaigning in the empire state. bernie sanders is holding

julie hyman has the latest. julie? julie: we get closer to the close on this friday. investors are still weighing a lot of it news and the dow has turned higher at this point despite eight -- despite a tough as caterpillar, general electric, microsoft. the nasdaq is taking the biggest tumble of the three major averages. it looks like energy is the best major group at this point. because of financials as well, this is pulling stocks back up. you look at what is going on with energy, oil prices are up by nearly 2%. southwestern energy, one of the energynergies -- companies to report its stock, has gone up. within the financials, we have also had earning it news, and that includes suntrust and eat tree financial as well, 3.5% -- e-tree financial at 3.5%. david: all right, some gains, but what about the tech stock? have: tech stocks do not an insurmountable problem, but still, it is a pretty tough slog. microsoft, as i mentioned, projections,sts' and visa, you don't think of it as text, it is coming out with earnings, but also saying its earnings have been delayed so that

julie hyman has the highlights. julie: we're following from jamie dimon's letter from earlier in the week. the near-term environment will prove challenging. he said he is generally optimistic about the longer-term. he said the combined ceo chairman structure serve from goldman sachs, he also said he was to continue a dialogue with the fed and sec. he looks like the lead director for goldman's ford is making commentingnts, he is on his optimism about the longer-term. also, he goes through the pay package. goldman sachs is awarding a $7 million bonus over eight years. that is if the firm meets certain targets. $30 million is down from 31 million from last year. ceo amonghighest-paid the u.s. lenders for the fourth straight year, even though, and the income has gone down by 28%. will continue to monitor this letter. i will be back and erik schatzker will be back with any further updates and highlights. note, the annual meeting for the company will be may 20 in jersey city. mark: coming up, have you ever wondered how br

julie: stocks falling to the lows of the session right now. yes indeed 500 is now off i .5%, s&p 500 is now- dow.y .5%, as is the health care is the only group in the green. rest the tearye reading as the day has gone on. telecom down big today on verizon earnings, utilities taking a hit. staples as well in financials, the biggest racks we have seen at the moment. -- and financials, the biggest drags we have seen at the moment. under armour beating estimates. citrix systems also beating estimates and union pacific coming in, cutting costs nato costs innt -- cutting a tough environment. united airlines sang passenger revenue for each seat flown one-mile will continue dropping. those shares often percent. saw a decline resume last quarter. off 10%.shares what else has been moving? julie: oil has had a volatile session along with the currencies on the ecb, on mario draghi's commentary. you see of bouncing around. -- you see it bouncing around. mario draghi talking about patience. news, viacomak

julie hyman standing by. julie: thank you.ning me today is jim strober, a derivative strategist and we have been talking for the past several weeks about the decline in volatility but you and i were talking during the break. we have a chart to look at global volatility. it's a global financial stress index and as you can see, your contention is volatility may be down but it's not down as much as it feels like it's down. it's not as low as it was a couple years ago. guest: that is exactly the point. it,as had a 13 handle on around 14 today. the curve has come in fairly sharply. orer measures of volatility related metrics, the volatility in year trough, the jca index, the implied correlation of the top 50 stocks in the s&p 500. that made new lows at the end of last week relative to the last couple years. we are plumbing what we think is a trough. vicks getsink scott down to 11 or 10 like it did last august but the measure of global risk looks across asset classes and across to obviously. measure, pretty well correlated with the

julie: both rising to the highs at the same time. host: let's get a check on the headlines from bloomberg world news. mark richt and has more from our news desk. mark: the good afternoon. authorities say nearly a half mile long tunnel leading from mexico to san diego california has been discovered, with more than one ton of cocaine and seven tons of marijuana seized. yardsnnel extends 300 from my house in tijuana to the border, and than 500 yards on the u.s. side to a fenced lot in a san diego industrial area. officials say it was equipped with a rail system, ventilation, lights, and a large elevator. failed michigan family, that is how -- describes three people who face connections with charges in the contamination crisis in flint. had a duty toes protect health and safety of the families and people of flint." those charges include two state employees and a flint employee. they are accused of evidence tampering and other crimes. tuesday is shaping up to be a crucial day for bernie sanders, after losing to the difficult front runner

julie hyman.t iron ore once again because it is trading at a 10 month high. ton ore used most notably make steel and it is up 49% rate unexpectedly rally to many analysts and traders. it has been driven by a number of different factors but bhp and rio tinto, the largest business, cut the output forecast for this is one of the things that has been spurring the gain in the iron ore prices. something else spurring the game has been chinese demand for iron ore because of steel production. we have got quite a number of charts now. this is a version, i don't know if you saw earlier, of the charts that were created this morning. china has been producing more steel. here you have this rebound we have seen in the prices. note, on theelated thisse steel output, demand for iron ore to make steel in china. indeed, they are also getting a boost. scarlet: the earnings results should be interesting. julie hyman. tracy: turning to the world of under for shoulder just d shelled out- for just under $200,000 to buy

lisa: julie hyman has the details. julie: cliffhanger -- it is retail. the etf up 1.5% today.ook at the movers within it. members, is one of the the supermarket chain coming in with earnings that beat estimates even though it's comparable sales actually declined. earnings per share beat estimates, net sales per you much in line with estimates and the shares were up 4%. we are seeing a big rally in anything that is automotive related. penske automotive group leading some gains today. the company coming out with growing atarch sales the slowest pace in 13 months. some positive sentiment coming back into the auto retailer market. sonic automotive also rising. bouncing back today. shares of autonation and carmax rise in today's session. all of these are components of etf.xrt, the spider retail versus the at it retailing index, you will see a sharp divergence. the retailing index is down .1%. 1.5%.f is up index,look at the retail 23% of it is comprised by amazon alone. 17% is home depot. what is in the etf? bloomberg,mhd on the you can see what is in it. it is more equal weighted.

julie hyman has the latest. julie: stocks falling to the lows of the session right now.ff i .5%, as is the dow --

it's good to the markets desk julie hyman has the latest. julie: an unlikely rally. when we heard about the no hot talks collapse, the expectation was oil woodhead sharply lower and stocks would fall along with it, yet that is not what has happened. have&p and the dow each .5% -- not a runaway rally but if you look at the s&p 500, you will see what i'm talking about here. a gradual increase throughout the morning and what is interesting is as we have seen ad itslly, the dow highest and nine months, we have seen people dumping their short nuts on the s&p 500. but you have here is the measure of short positions on the s&p 500. we've seen a decrease in those positions at the fastest pace in four years, sort of a far and of this chart. beenosition has substantial as people have been squeezed out as stocks go higher. mentioned stocks year with oil wiping out some of its losses. julie: you can see it was lower but climbing back substantially, down almost 2%. flirt with the positive before closing down by a little bit and we continue to watch the correlation between oil and

julie: we have not seen much reaction as of yet. perhaps people still reading through the beige book to get some takeaways. stocks and bonds holding steady from where they were before these headlights came out. the nasdaq king on to its leadership on the day. -- hanging onto his leadership on the day. we got economic data out of tina -- out of china. let's take a look at the bond market and the 10 year and its reaction, going into these headlines, we had seen some buying in the treasury market. see, there has not been much reaction directly in the wake of this report. let's take a look at the groups within the s&p 500. financials continue to take the leap on jpmorgan. evenlical lead rally today as the more defensive groups are lagging. staples, telecom and utilities trading lower today. jpmorgan shows building under again throughout the highs of -- session up or .5% on that 4.5% on that stronger-than-expected report. a building crude oil inventories and also an uptick in gasoline demand and a drop in production. heating oil little c

julie has the latest. julie: it looks like we are around the high for the session i what is in a relatively volatile day. things bouncing around after the job reports. the nasdaq leading gains. the readas though now on the jobs report is relatively good. coming in above estimates. the unemployment rate gained, which was not expected. all this equaling a gain. matt: the read on the jobs report was positive this morning and it is positive now. julie: it's just that energy weighed. on it too much matt: if you take an interest increases coming forward, maybe want to sell equities? julie: right, but his that was true this morning, why isn't it true now? i'm notm just saying sure that the reason i think we are seeing stocks gaining right now. you cannot just tie the moves to one reason. julie: fair enough. that is the big news of the day. the dow fell 117 at the low by 76and is now recovered point. i relatively broad one today. the two best performing arts you with the best -- are two of the best, visa and mcdon

julie: we are capping off the month with the worst two-day drop since february. in part because of her and in part because of some economic data. got some consumer spending numbers that did not meet estimates. all three major averages near the lows of the session. amazon in point terms is one of the things that is keeping the s&p 500 from falling more after the company reported a record net income but the other card stacked against it. sciences coming out. apple declining having its worst week since june since 2014. in percentage terms, i want to look at the big tech losers in today's session. you have seagate coming out with numbers that missed estimates. with rivalsng along is numbers suffered from demand from apple iphones. then we have the energy clients easy in today's session. going into this running season, energy was predicted to be the biggest drag earnings wise and that is proving to be the case. phillips 66 out with numbers that missed estimates and it's pulling down many of the other refiners and is generally seen from the client and energy today. red

default on july 1. billionhat is when $2 is due. combined puerto rico and the agencies that oh $2 billion. $800 million is obligation which -- that is the direct debt of the government and it is guaranteed by the constitution. that would be a major change if they chose not to pay on that. david: the focus has been on washington for so long jack lew has spoke about it. paul ryan spoke about it as recently as this week. emphasizing this would not be a bailout. what has happened here, why has congress been unable to come up with a plan? >> it is so complicated and so they are looking into this in realizing this is a spider web. everything is so interconnected and so that is part of the put order how best to back on track when there is so many different cuts of debt, so legal backings and repayment pledges for these hugerent securities and a collection of different types of bondholders, hedge funds, mutual funds, folks on the island. individuals. this: who is going to get hurt the worst? fundsis a combo of

julie hyman has the latest. julie: going into the close, a tight range for the major averages. weighing all of the earnings news out, waiting for the news yet to come. happened all it session long, is the worst performer of three major averages. let's talk about the earnings highlights and low lights of the day. after the network equipment maker came out with earnings that missed estimates, the hotel then likewise, particularly sales for both of these companies coming in below what aalysts had been anticipating shale oil and gas producer coming out and raising its production forecast for the full year and a truck company also coming out with earnings that beat estimates. that is what we heard from today and some of the big movers, but some of the action is yet to come, including apple, which we have talked a lot about today. shares of ebay and twitter are actually on the rise going after their numbers. we will see how it all shakes out when the numbers actually come out. toand then the focus shifts the fed meeting. the movement has been interesting to me in particular. a seven

julie hyman has the latest. julie: a lot of big events are happening this week like the fed and the bank of japan. we will hear from all of those folks. today, it is more micro driven. .e are seeing a drop in volume as we were reminded earlier, spring break for a lot of folks we see some people participating in the trading day. averages are up off the lows of the session. now only one third of 1%. at some of the earnings highlights and lowlifes as the case might be. estimates,elow because of data. since they declined reported results that beat estimates. still seeing struggling legacy business continue to lay on the numbers and taking the charges as a result. rising today after earnings estimates. always a little bit good and a little bit back. potential deals are not happening to talk about today. bid for the unsolicited the company to create a larger newspaper company. $815 million unsolicited it, 1225 per share in cash. you do not see the l.a. times and the tribune -- then there is the long-standing >>. halli

julie hyman has the latest.are happening this week like the fed and the bank of

julie has a check on some company movers.ie: i want to mention passing quickly wells fargo, it be earnings estimates. it had a year-to-year decline in profits. the shares are little changed. the airlines are seeing a big increase. in particular delta was rising because it came out and said it was willing to cut capacity in order to preserve profit. is been pulling the other airlines up along with it. both the traditional carriers and a lower cost carriers. take a look at the bloomberg. we get this from bloomberg intelligence tool. if you look at the airlines dashboard. in his capacity. available seats per mile. we had been seeing an upsurge after a decline. this is 2013. there had been declining capacity constraints or re-strengthen expressed on the part of the airline industry. we have seen an uptrend. this is for delta in particular in that capacity number. helped in part by lower oil prices. they felt they could raise that capacity, get more profitability. if we see a turnaround in oil prices, that could change. i should m

. >> reporter: well, julie and frank, dramatic moments as you just saw on the outside. also dramatic moments here on the inside, and caught in the middle, donald trump himself. he had a very hard time just getting in the building. intend it literally became a punch line. that was not the easiest intrarns i've ever made. >> reporter: during the protest outside -- with even one protester inside. >> my wife called, she said, there are helicopters following you. >> reporter: candidate donald trump could only get this close, all of it forcing him to stop on the highway, walk through bare cairksdz sneak in through the back door. >> then we went under a fence and through a fence and, oh boy, i felt like i was crossing the border actually. >> reporter: and after crossing the border into burlingame, trump was surrounded with similar minds. 600 of the republican party faithful. >> we're scheduled to do very well in california. i guess you've seen that. really well. >> there was little talk of policy and plenty of attacks. >> reporter: lion ted did not do too well in new york, fol

julie?: a much larger than expected build, rising 6.3 million barrels according to the energy information administration, said that build not necessarily good news for oil. the largest estimate was a buildable link 733,000 barrels. we did see a bigger than estimated drop in oklahoma, in andicular of crude, gasoline inventories also down by 4.2 million barrels and discipline inventories up 5000 barrels. side, aefined product mixed with slightly positive picture, but not the positive on that headline crude oil inventory number. again, looking at those numbers and the effect it has on oil prices, still look like we are seeing oil bounce around a little bit. on my bloomberg, i see it take up and oil prices at the moment . up stillsay tick negative, down about .6 of 1%. we do this every week and it does tend to take a little time for this to settle and for people to digest the numbers. mark, to you. mark: let's stick with this take story. let's bring in will kennedy for more on the latest oil num

julie: right.r of the market i wanted to look at that is affected by this yen trait is options purposes. this is options purposes on etf that tracks the currency 84% above average on wednesday. it is the highest since mid-february. definitely seeing a lot of volume increase there. hisracy share etf having particular highest volumes this year. vonnie: when it comes to currencies, it is always more sophisticated investors so it is interesting to watch. we have been looking at sterling over the last few days. and we are looking at low volumes and equities, we start out looking at low volume or low volatility when it comes to the japanese yen. julie: definitely not. vonnie: we also have to look at the g-20 because japan is actually hosting that. it will be interesting to see what they say before that. thank you, julie hyman. nextg up, the ceo of bny on "bloomberg ." ♪ a 17 monthyen hits high against the dollar and emerging-market shares rally. central banks in no rates to raise rates. jamie dimon's

julie is. julie: a number having to do with oil that we are not seeing more of a decline in oil, not seeing more of a decline in the talks paired a mixed picture of the u.s. average as the dow is trading higher. considering the close correlation between oil and stocks, it is indeed surprising. take a look here. groups are on the move. energy is not the worst-performing group. we have got consumer discretionary, which looks like more of a mixed picture when you break it down by group. i want to look at a two-day chart. down today and oil prices. we have climbed back from the lows of the session in reaction to the talks. one thing that is definitely helping to mitigate or cushion the decline is what it's going on in kuwait. a strike there is reducing output by 60%. you obviously have supply constraints and that is helping is goingt under what on with oil prices today. i want to also take a longer-term perspective. this is oil year to date with various points on it from what we have seen from

julie: right.roducts rising unexpectedly even as crude oil but it isnexpectedly, enough to boost oil prices. they were already higher going into the weekly inventory report at 10:30. following theup barrel where we are now. the other big oil related news deal thatto do with a to preventot happen the acquisition of acre he is. the third-largest companies, both of those stocks also trading higher today. thank you, julie. julie will be back later. mark crumpton has more from the news desk. mark: hillary clinton's's use of a private e-mail account as secretary of state. wants to question current and former staffers under oath, including top clinton aide cheryl mills. the government wants to death .he judge to restrict questions boston marathon officials say all systems are go for the marathon. a public safety official outlines security details today for the april 18 race. security at the marathon has increased in a terror attack in 2013. and 260ople were killed were injured when two bombs exploded near

julie hyman has more than his desk. getting a 1% decline.igherget a revision than the prior month of 519,000. that is part of the reason of the month over month decline. this is the third monthly decline we are seeing in new home sales. it is the weakest pace of the man on the west coast. weakest place of demand on the west coast. sales are a much smaller part of the market than existing home sales. look at the stock market, we continue to see declines for the major averages. steady withlatively those declines. you got the doubt leading the drop -- you got the dow leading the drop. theave been watching evolving situation of oil and its interplay with stocks. on bloomberg look here, you have consumer staples as the least worst group today, but energy is the worst performer, down by nearly 1%. industrials also following suit. one of the large oil companies, if you look at how they are trading, exxon, mobile, we will hear from more of these companies in the next couple of weeks. halliburton's trading higher. that company coming out with prelimi

let's head to the markets desk julie hyman. julie: taking a look at gold.d this monster first quarter and today, sort of modeling along. we are seeing gold stall out. it did have this big first quarter. the biggest going back to 1986. if you look at figure today performance for gold, you are seeing gains up 15% still. we are seeing a lot of bullishness surrounding the price of gold even after that run. -- pointed out by one of my bloomberg news colleagues. this takes a look at speculator holdings in gold. this is the difference between long that an short. we are seeing the-14 months. we are seeing people buy more gold, whether it is through options or etf's. silver, which we thought was the poor man's gold and mark >d? >> they are down as well. here is another interesting chart. on the top, we have silver coins sales, which is the highest going back to 1986 when records began. goal, it isd with falling to the lowest we have seen in quite some time. a silver gets cheaper to gold, it is attractive to retail investors. --i remember the time >> i am partial to

julie: it is going a long.he brunt because of the apple earnings and the ripple effect of apple, affecting the tech stocks, and yes, the dow is holding up a little bit better. commentary,the fed the fed funds probability monitor, and it calculates the probability of a rate increase at the various meetings using fed funds futures, so right now, we are looking for no probability of a hike today, and it does not get to 50% until the november meeting. it has sort of been switching between the september and the november meetings. we will check on this after the commentary comes out and see if there are changes. we have had seven straight sessions of selling the u.s. 10-year note. that has reversed today. we are seeing the yield coming down a little bit, but it is interesting, in general the trend being upward going into this meeting, and checking the u.s. dollar versus its major trading partners, we have got the euro trading other higher against the dollar, and the yen is actually now unchanged, but the recent trend

kicking things off his julie hyman. julie: i don't have a jobs related chart. not really. economists say employment. we are pretty much at full employment. rocky, whys of chris look at the report at all? he is looking at inflation and i decided i would as well. let's take a look at inflation. today we get that average hourly earnings number. we are still seeing it year over year. the number the fed is really looking at is the core pce. year-over-year, we are seeing it run it 1.67%. that is below the inflation target. if you trying to inform yourself, you now want to look at these two elements. yearat basis, we are not -- there yet. betty: the fed has taken care of one mandate, now it's inflation. it's your turn. caroline: i am talking about apple. i'm talking about the pain some of the european suppliers are feeling. they been kicked off the list. this is a german maker of led chips. it's no longer as important. this is the supply chain. revenuews you how much they get from all of its customers and suppliers. check out one he customer. apparently, they are less important.

julie: definitely.

julie: we had a mixed picture today. we had overnight news about the bank of japan and then investors shifted their attention. we had so many deals coming out in the u.s. today, as well as so many earnings. we are seeing the nasdaq with the lows of the session with the facebook effect dissipating. it was off slightly lower. all three major averages now the lowest of the session. unless something really, really dramatic happens in the next 24 hours today we are matching the second-longest bull run ever for u.s. stocks. tomorrow we will have surpassed it and be the second-longest bull run ever. here are the longest. the white line is the current run we have had a goes back to march of 2009. then you have the run in the 50's and you give the run in the 2000s. those of the various bull markets we have seen. this is the second longest stretch we have gone without a 20% decline or more. turning to some of the other assets. we saw the movement in the dollar after the bank of japan did not move in terms of adding or stimulus. th

. >> i'm julie haener. playoff banners are now up around the outside of the arena but there's still some regular season business to take care of inside. there is a lot at stake heading into tonight's game. the warriors are trying to win their 73rd game of the season. that would be one more than the chicago bulls' record of 72 wins. media crews from around the world have converged on oakland to watch what happens. reporters from europe, south america, canada, and all over the u.s. make up the 350 credentials that were handed out. >> that's comparable to last year's western conference finals two. of the reporters there tonight happen to be mark ibanez and jason appelbaum. they're both courtside. you were saying yesterday you were so excited tonight. you've been to super bowls, world series, but this game is more exciting. >> reporter: you're right. julie and i were joking as well, am i going to sleep all right. well, on the outside, i seem like a very objective journalist. my subconscious mind must be a warri

julie: the s&p in particular coming off its highs of the day. the dow had been trading at its highest of nine months. gainsre hanging onto the and the nasdaq going more deeply in the red after some disappointing earnings reports. one of the main themes of the session has to do with commodities. this is the imap and you will see materials and energy stocks if you take a look at that imap are the two best-performing groups. materials up 1.5% and energy up 1.4% even though the imap wheel is looking a bit mixed at the moment. something else i wanted to look at is a global commodity monitor. columnlook of the third over there, it is almost all green today. the only exception being sugar. in other words, we have a very broad commodity rally today from energy to metals to act. some of that is due to the decline that we are seeing in the u.s. dollar could the . the bloomberg dollar index hitting its lowest since last june. we have seen that in advance and a lot of those commodities. having to deal with the u.s. dollar is that short on the u.s. dollar ar

let's head street to the markets desk with julie hyman.uandary with better economic numbers and lower margins. >> this is the quandary we used to be in, right? mention we are getting the final read on march consumer confidence mentioned by the university of michigan coming in and 91. -- coming in at 91. adding to the slew of economic data we are ready at this morning. we are getting the isn manufacturing report coming in at 51.8. 51.1 was estimated by economists. big one.report is the if you look at the major averages, we are indeed creating up off the lows, investors trying to weigh the future for interest rates. i want to take a look at the sp y. he gives us a good snapshot of the reaction and stocks to the jobs report moments after the report. here we are at 8:30, we saw a pickup. it was lower in a couple of random trades. maybe a couple of bad traits. as bouncing up off the lows we had these into the session. i want to look at the interest-rate probability calculator. today we see the odds of a rate increase at the june meeting rising

julie: an embarrassment terms of news. fall. seeing stocks it is interesting because facebook, which has been keeping the nasdaq afloat earlier, is no longer doing so. it is doing more poorly than the s&p 500 at this point. the dow has to stand up to the downside today. you look over the course of the session. you saw it unchanged around midday and it has come back down toward the low. the company dragging it down has nothing to do with earnings. of theaccounting for 50% one index's lost today, ibm, hope depot, and apple. falling more sharply after carl icahn said he had exited his take in the country -- company. -- for see the pullback the s&p 500. an earning strap of about 5.5-6 percent. >> four times worse than the s&p 500. part of it as facebook, relatively waited in the s&p 500, not the doubt. company has been incredibly steady today. facebook is trading at a record after its profit sales beat estimates. other s&p 500 components do not factor into the doubt. saint jude is rising after agreeing to be acquired by avalanche. b

julie, help me. julie: solar, that is what we are talking about.hares are down 11.5% year to date and down again today because they reported earnings. it has been a troubled interstate. there was the bankruptcy filing of con edison and not strong trading for many of the companies. it has been choppy this year and today is not helping. the company came out with a earnings but announced a change to the executive officer. jim hughes will be stepping down and will be replaced by the chief financial manager but that is not happening until july 1. hughes says that the succession planning has been going on for some time. shares are down by 6% and the company came out with sales lower. they say it will not give 2000 17 guidance which is something that analysts had been asking for because of the uncertainty in the industry chu to the con edison bankruptcy filing and also due to uncertainty about timing with the completion of projects and sale of assets to a yields co. companies have a yields co structure and so a lot of that is weighing on the shares today.

scarlet: let's head over to the markets desk were julie hyman is. julie: i will get miners here.eelmakers moving higher today. u.s. steel in particular is of little more than 1%. 28 dollars from $17 over at jpmorgan. the analyst is optimistic about the pace of still price increase, and i think the prices should continue to be supported by preliminary tariff that the u.s. left last month. ,pmorgan saying the top pick steel dynamics and newport as those stocks are not faring quite as well as u.s. steel today. not seeing big gains for the steelmaker today despite that particular note. looking at the rolled largest iron or producer, selling its share in a brazilian steel adventure. symbolic price, that he does company said, part of the strategy to dispose of non-core help a balance sheet. we see shares are up 3% in german trading. it fell about 4% on the news. we have watched gold prices had higher. there is a trepidation and a coffin. newmont goldcorp on the back of that. breaking news coming out of reuters. it is now reporting pfizer is leaning toward abandoning the allegan deal, a

julie: i'm just seeing a headline. the u.s. 30 year mortgages knowing 3.59% according to freddie mac. lower.arching ever fascinating. we are seeing stocks fall back after the advance we saw yesterday. that basically reversed the declines from the day before. on the back of the fed minutes, the reader is relatively dovish and we are seeing those gains reversed once again. in terms of what is moving us we haveelecom stocks -- rates -- we are seeing the financials get hit again. in terms of the individual movers, we have a couple of downgrades. estimates and price cuts on apple have been cut. people are holding on to their iphones longer. they are not replacing them, which is negative for apple. verizon has been downgraded over jeffries. the margin is going to be os video by the fi platform. betty: the japanese yen is the other big story. julie: for sure. a remarkable level in the japanese yen. the dollar is farthing -- falling further for the japanese yen, its lowest point since 2014. the dollar has dipped below 1.08 on

julie: the question is how long will it last.ning me for today's options inside is a senior market strategist at trading advantage. andoins me from the cboe chicago. with the market down today, with stocks down, we have an uptick in the vix. it is just below 14. it is at a relatively low level. kind of turning point here or is this because of this lumpy earning season? >> it is more of the bumpy earnings season. we did not see great reports this morning. some of the others. there is a little uncertainty in the marketplace, with the big hitters coming out after the close today and going into next week. it's more of a blip off the bottom of the vix radar, but it is a 5% move today. thee: i'm curious, one of things i've been watching is this increase in bond yields in recent days. i'm curious if you've noticed any unusual options activity when it comes to products that track the treasury market. >> there has been some put buyers. i don't know if that is straight correlation to what you are saying with the increased bond yields, they

lisa: thank you, julie.till ahead on "bloomberg markets," argentina tangos with the global bond market for the first time in 15 years. why we could see a record sale as the nation moves. ♪ lisa: you are watching "bloomberg markets." david: argentina returns to the international debt market today for the first time in 15 years. the country is planning to sell over $16 billion in bonds in a four-part offering them a single day record for developing countries. , very aware excited of the importance of the sale. lisa: this is a very big sale in size and significance. it was originally just going to be $10 billion, it has been upsized to $6.5 billion because of incredible demand. billion.6.5 three-year argentinian bonds are being proposed with a yield of 6.25 percent. a ukrainian three-year yield is 10%, the two countries have the same credit ratings. david: how did we get to this point? leadership, he has come out and made this an important point that we need to access the capital markets. we have left billions

june and july were ok.ey didn't see an improvement, capacity would come ,ut and earlier this week americans said they were cutting capacity in the second half of the year. united had never intended to grow and we use that fairly favorably. airlines are talking about that -- it helped them turned back to profitability. are they doing the things now that would put them in position to shrug off oil prices? bell long answer is yes. they were profitable when oil was $100, $110. profitable up to $110 and an oil came down to $30 and is now at $40. 60y won't have issues until or $65. they shouldn't have any issues. givehey are starting to salary increases to employees and that is going to squeeze margin as field prices go up. there was a one quarter lag in both directions when they can get capacity out and raise ticket prices. a have to do both because right incentive has been no to take capacity out. everyone is making lots and lots of money. once field prices start to go up and stay up sustainably, you will see m

julie hyman has a check.s down a little bit from a 20 day average in the s&p, down the 4%. it is making new highs for the year, doubt making highs as well -- the dow taking highs as well. tied to what has been happening with oil prices. we had a lack of agreement in doha, and get oil has come off of lows still lower on the day but also near the highs of the session because there is an oil break in kuwait cutting supply. i want to check the movers as we head to the close. there is latebreaking news for theo do with energy equity's crest to buy williams company. and the tax opinion requires for the deal to go through may not be delivered. there may be questions on what is going forward on the headlines. we saw williams, the company to be acquired, falling. energy transfer equity in contrast, those shares are up. it is up by 11% at this point. we are also watching other big movers, and a pharmaceuticals is undervalued according to deutsche bank. endo pharmaceuticals is undervalued according to deutsche bank. som

mark: july 18. betty: you just told everybody who is watching bloomberg your birthday.ect a flood of gifts. mark: no presence. still ahead on "bloomberg markets," saudi arabia's biggest economic shakeup ever. new details from our exclusive interview with the deputy crown prince of saudi arabia. that is next. ♪ betty: you are watching "bloomberg markets." i'm betty liu in new york with mark barton in london. turning to revelations from our exclusive interview with the deputy crown prince of saudi arabia. lastly, we learn the country is trying to create the largest world sovereign fund. details on the biggest economic shakeup since the founding of saudi arabia. it wants to generate $100 billion a year in non-oil revenue by 2020. joining us now on the phone in saudi arabia is on euro chief glenn carry. saudi arabia plan on raising this much revenue outside of oil? >> they are going to increase ,evenue through value-added tax what they are describing as a syntax on sodas. they're going to have fees on luxury items and they are going to restructure subsidies. they think they

it is considering changing some party rules for the convention in july. without getting into the weeds on some of these specific rules, there are some party leaders who want to make it easier for a not-trump candidate to be considered because they think that trump will lose in november to, to the presumptive democratic candidate hillary clinton. so they're looking for someone who might come into the convention with fewer delegates or maybe a white knight like a mitt romney type of person. one of the rules in the cross-hairs says that no candidate can be considered for the nomination unless he or she has won at least eight states or territories. that rule would hurt john kasich, who of course has only one his home state of ohio where he is the governor. but we talked to one committee, rules committee member today said that he thinks rnc will probably not do anything and just wait until july for the next meeting before the convention actually starts. listen. >> i think it's highly unlikely that the rules will be changed to allow someone other than our two l

now it's mathematically impossible for him to clinch before the convention in july. >> and then on theemocratic side, we saw huge crowds come out for busy. he seemed confident he was going to get an upset here. it didn't seem the crowds translayed to votes. what does this mean for both clinton and sanders? >> large crowds, some of his largest of his campaign, but still hillary clinton won by a significant margin. bernie sanders is from brooklyn and he campaigned hard. his campaign even outspent hillary clinton. but he needed to win big here to cut into her delegate margin. this is a delegate race. and that didn't happen tonight. >> okay. so the next super tuesday comes up soon. next tuesday. what's at stake? >> it's funny that you call this super tuesday because there are several states voting. pennsylvania, connecticut, dewa so that's a significant delegate haul. and because of their big wins last night, donald trump and hillary clinton, they have the momentum going into next tuesday. >> what are the underdogs now have to do in order to turn this around. >> when you look at the gop si

julie. >> extra time is always nice. paul, thank you. >>> golden state warriors got in a last practice today before the playoffs begin tomorrow many it was their last workout ahead of the opener against the houston rockets. game one tips off at oar achele arena at 12:30. you'll remember the warriors beat houston in last year's western conference finals. >>> it's all things warriors at 10:30. there's a sports wrap special called road to the championship. you'll hear what players are saying about the game. >>> the nba is not ready to move the all-star game out of north carolina despite a growing backlash against a law. fox news reporter tells us that critics say the new law condoned discrimination against members of the lgbt community. reporter: the national basketball association commissioner friday saying the league has not yet decided whether to move the 2017 all- star game out of charlotte. >> no respect votes taken in the room, but it was unanimous among the owners we stand united being against any form of discriminat