from new york, i'm vonnie quinn. guy: and from london, i'm guy johnson. welcome to "bloomberg markets." vonnie: u.s. stocks are in the green and we have economic data. the national association of home builders reporting the april numbers are in line with estimates and one point better than last year. homebuilders looking at a decent state of affairs in the housing market with their index coming in -- i want to point out the utilization after industrial production was down .1%, potentially the figures the market will focus on today. let's check the markets. the s&p 500 holding onto those gains for the moment. [no audio] vonnie: the sector has been losing a lot of ground, while united help topic out with -- while united health topping out with better numbers. guy: the global map of story -- the global macro story is the prime story in europe. pay attention to the dax. we will get the china gdp numbers coming out. the will be something spend a lot of time talking about tomorrow. csi 300 trading up. let's talk about the euro dollar trading below 113. about th

vonnie quinn. guy: in london, i'm guy johnson. this is "bloomberg markets." vonnie: the s&p 500 is down fractionally, but we have seen some blow away earnings, not least from microsoft, which has and is a trillion massive boon to the s&p 500. 3m is the big drag on the dow, as well as one of the drags on the s&p 500, down a whopping 10%. guy: i want to take the other side of the coin. you are spot on when you talk about some of the really solid numbers that have come out in some corporate's today, but also that 3m story i think is really indicative as well. there is alternative narrative out today which is that the global economic slowdown is something you need to pay attention to. you can see that in the 3m numbers, but also elsewhere. this is the korean yuan. the dollar moving stronger against it earlier on. the data really is appointing in terms of trade numbers. the data more broadly really weak. that is something you really want to pay attention to, a useful bellwether for what is happening in

vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets."dingrbucks' growth strong in chinese and u.s. markets. david westin is joined by the company's ceo. david: thanks so much. kevin johnson, the ceo of starbucks, we had the earnings out after the bell yesterday. solid report. start with the united states. how did you do in same-store sales? how much was traffic, and how much was the price being charged? kevin: first of all, we had another solid quarter. really aboutle is delivering predictable, sustained results. this is another quarter that reflected that. in the u.s. we grew our collectibles. we saw slightly positive growth in transaction comp. the rest has been driven by slightly positive transaction premiumization and attach. david: how much of that is the changes you are making in the menu? you're shifting over to cold beverages, for instance. we are a beverage first company, so the beverage innovation we drive is a key part of the agenda. if you look at what we've done over the last few years, cold beverage present a little bit ove

vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets.": boeing calls about to start. the company suspending its earning forecasts following the grounding of the 737 max . the call is going to start in around 70 minutes. i think it is going to be ash around 17 minutes. i think it is -- 17 minutes. i think it is going to be critical. we are joined on the phone bike herbert. genuity's ken how critical is the tone going to be on this call? ken: i think it will be very important. i think people are going to be very focused on how they gauge and quantify the impact of the max to the extent they can, but more importantly the message they are going to send to future passengers, regulators, and the industry around this situation right now. guy: in terms of the financial costs associated with the grounding, it looks like they are going to anna ties it over the lifespan of the max. i assume that is going to make it a lot easier for investors to swallow and focus on the order book and what is going on in the business. very likely, but on the flipside

from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." 904 is wherean see we are on the s&p 500, staying above the 2100 mark for the time being. yield 10 year treasury after all of that buying at the end of last week, back down to 2.55. some of the stocks on the move in the s&p, obviously the banks. 2.75%. sachs down a bit of a better performance elsewhere in the financials. elsewhere in the s&p 500, 8.6%nce data systems down after people say it didn't pay enough for its salon unit -- for its epsilon unit. electronic arts down 2.25%. guy: european equities are doing absolutely nothing. remember, it is a holiday shortened week. we've only got four days. volume is actually ok. stoxx 600 unchanged at the moment. we started off a little positively, then faded the early rally. pretty similar to what we saw out of asia as well. stocks the big mining really outperforming the metals of late. i wonder whether or not we will see the start of those two minorsng, or maybe the come down. is the one you want to pay attentio

from new york, i'm vonnie quinn. guy: from westminster, london, i'm guy johnson. welcome to "bloomberg markets." vonnie: we have some breaking high-frequency data in the u.s. manufacturing better than forecast, 55.3. the market was looking for 54.5. pointsyment a good five above the previous reading. new orders at 57.4. construction spending also positive 1%. the market was looking for-0.2% -- looking for -0.2%. let's look at how stocks are doing. we are off to a good start this morning, even better after that data. the s&p 500 firmly above 2850. wynn resorts a component of that, one of the better performers after macau gaming but not as much is expected. conti has been added to the short list at j.p. morgan on its outlook. 10.5%, below its ipo price at this point. guy: the global risk on narrative really started out of china. in fact, it started sunday with stronger-than-expected pmi data, both from the official numbers and others. the csi number is up 2.6%. it is interesting that the dax is outperforming today. ,he german market is doing well but the data out of

from new york, i'm vonnie quinn. guy: and in london, i'm guy johnson. welcome to "bloomberg markets." pendingwe're looking at home sales and consumer confidence, and those numbers coming in higher than forecast month over month for home sales. not as bad as year-over-year. higher for pending home sales month over month. confidence, the number is better than forecast at 129.2. the present situation was up substantially from last month. a good day for economic data. let's see the impact on the market. down aities, the s&p 500 quarter of a percent, dragged lower by alphabet that disappointed in terms of earnings overnight. petroleum is down 2.3% after warren buffett birther hatchway said it would help with an tousion order for occidental move forward with its anadarko bid. chevron is up and will walk away with $1 billion if it gets their bid. we will see how it plays out. he may not be as simple -- it may not be as simple. general electric is up, putting up a great performance this quarter. coming up, we are at a ceo.rence with a guy: let's talk about over

i'm vonnie quinn. a bloomberg exclusive now.minister spoke with us at the saudi oil forum. the 1.2 million was based on certain other countries keeping their october level production, so i think we have to watch them. and i think you know who i'm talking about. venezuela still needs to find out what happens. sanctions that the u.s. has in november will be up for reconsideration by the administration. all of these factors will impact the fundamentals. was ately the 1.2 balancing of certain things, from demand, supply, u.s. production. the longer we wait and the closer we are to june, the more informed our decision is. that is why we thought april was premature. certainly there was a desire by some not to make a decision in april, and we acknowledge this will probably begun jumping, so to speak -- probably be gun jumping, so to speak. so i think we will be meeting here in the kingdom in may. that will be close enough to june, and i invite you to come back, and hopefully it will be more clear on where we need to go. vonnie: part of

vonnie: from new york, i'm vonnie quinn. it is another ipo.'s biggest code working company finally going public, joining a wave of tech startups moving to the u.s. market. let's bring in jeffrey from bloomberg intelligence. this one is different. tell us why. is a real estate company, not a technology company. in the vc market, it is valued like a technology company, they are growing like a technology company, but their core business is occupying real estate and leasing it out. guy: this is a company that makes epic losses. how will the markets take it? if they getdepends valued as a technology company or is valued like a real estate company. the public real estate market in the united states and globally is valuing these companies based on a series of predictable cash flows that can find the dividend. that is not this company. this is a revenue growth story and a disruptor story. that is not how real estate is valued. vonnie: what can we tell about this company already? it has a massive amount of debt outstanding. the funds are considered by

vonnie quinn? vonnie: i thought we should talk about the jini coefficient.e did not get to talk about was the ray dalio letter. ray dalio writing a very important letter echoing what jamie dimon was saying. jiniis a chart of the coefficient. zero would be perfect equality and 100 is perfect inequality. the u.s. is rising. we are at 40.2 in the u.s.. ray dalio backing up some of what jamie dimon said. a couple of the points ray dalio makes is that men are earning the -- men earning the least in the u.s. are likely to die 10 years younger than those earning the most. , the top 40% is earning so much more than the bottom 60% in the united states. most people saying do not even have $400 in savings in case everything comes up -- anything comes up out of the blue. that is a good visual representation of what is going on in the united states. you can see that on the bloomberg at gtv . guy: vonnie quinn wins hands-down today. this is a subject we have not talked about. taking politics one way and the president going the other way. leaders fill in the gap. i'm s

. >> quinn: my god, shauna. you're actually saying -- >> bill: that i could be your daughter's father? >> shauna: yes, my beautiful florence could be your daughter. >> quinn: wait. "could be." but you're not sure. >> shauna: i know what a shock this is. >> quinn: wyatt and flo dated in high school. now you're saying they could be brother and sister? >> wyatt: [ clears throat ] >> flo: i probably shouldn't have done that. >> wyatt: hey. now, come on. what's a -- a kiss between friends? >> flo: yeah, but we're not just friends. we have a history. >> wyatt: right. >> flo: i don't think i ever got over you. >> wyatt: you will. trust me. uh, they always do, eventually. [ chuckles ] >> flo: you moved on. i mean, you're with sally now, in love.

vonnie: live from new york, i am vonnie quinn.uy: live from london, i am guy johnson. i want -- i thought that payroll number would have been that are for equities. equities are going nowhere in a hurry and are trading on light volume. here's abigail doolittle. abigail: we are looking at gains in the u.s. and in europe. they are relatively small. take a look at the s&p 500 and nasdaq up .5%, and not reacting to president trump's comments that the fed should stop shrinking the balance sheet. there is the stoxx 600 up .2%. in china, perhaps -- expressing optimism. up week forng at an the s&p 500 in the nasdaq. let us look at a seven-day chart of the s&p 500. on page four it is its seventh update in a row and up re-percent. it is the longest winning streak since october 2017. theirlls are expressing conviction in terms of climbing the squares -- the stairs higher. one of the standout movers is until, -- intel, the shares are loyal -- lower and they were cuts to wells fargo to market performance. analyst seeing concerns for demand. mi

i am vonnie quinn, welcome to bloomberg mark critz. university of michigan sentiment for april report, it is the primary data, but it will give us a good idea of how we progress. a bit of. disappointment, still healthy at 96.9, the market was looking at 98.2. current conditions were better the last month. expectations a little less than last month, 85.8. once again, this is a preliminary data for april from the university of michigan sentiment index. let's look at markets in general. we had a lot of news this morning, and the s&p 500 is about 30 points from an all-time high,. one of the contributors to that is disney. investors really liking what was rolled out at the investor day. the first in five years. we will be talking a lot more today about disney plus and all the new strategies that bob iger made out. , afteran also of 4% beating estimates, and wells fargo also beat, surprising analysts. chevron down 5.5%, to be expected on a massive deal which, again, we will be speaking about. in europe, we had an up day, not quite as much as

vonnie: in new york, i'm vonnie quinn. this is "bloomberg markets."ast moving consumer goods companies. we are going to kick it off with non--- withith the shares in one company reporting steep declines after a lackluster set of first-quarter earnings results. , a bit of anndra issue with baby food in china. emma: supply grew less that had been expected. dairy when we know very well. those brands have been struggling, and facing a boycott of dairy products in morocco. the specialized nutrition unit in baby food sees a slowdown in sales in china, down 15%. that was compared to a navy boom in the year previously. the company saying -- due to a baby boom in the year previously. the company saying they saw the biggest growth from their water bottle business. they own evian water, and they have been trying to make a big push into north america, but their market share is minuscule compared to the big companies like pepsi and coca-cola. -- other issue for de for danone as they are seeing a lack of sales growth that was expected, driven by higher prices rathe

from new york, i'm vonnie quinn. guy: from london, i'm guy johnson this is "bloomberg markets." 0.5%, thee dow is up s&p 500 up 2/10 of 1%, as is the nasdaq composite index. facebook got an upgrade at guggenheim, raising its price target to $200 from $175. macron is one of the chip stocks micron isr a week -- one of the chip stocks lower after a week up, lower on over enthusiasm. it was a downgrade from jp morgan which said it was not able to stand behind its ratings on some of its chip stocks. -- downk it's dashed out over 3% before its spinoff later in june. guy: european stocks a little more sideways today. we are a little lower on the stoxx 600. we've got payrolls coming up, and betrayed story we want to focus on. those are two big things that may cause people to sit on the sidelines right now. it is interesting the industrials are doing so well on your side of the pond for the dow. doing pretty well in europe as well. you got this real gap between what is happening with the data and what is happening with the st

vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." guy: let's take a look at those european markets and show you what is going on. this is the story. stoxx 600 looks pretty dull, only up 1/10 of 1%. however, there is something more interesting going on here. london is underperforming because mining is lower. that is because iron ore is -- becausee of of vale. german mark it's doing pretty well. the reason for that, china. gdp numbers overnight -- yes, i know when you dig through them, there are areas of weakness -- more broadly seem to have been a more risk on sentiment driven into european markets as a result. the auto sector, as you can see, up by 1.80% on the same day that we saw another month, i think the seven-month, lower for european auto sales. the european auto sector is not responding to what is happening in europe. theoretically, the euro should benefit from the china story, too. the german economy starts to recover, and that should improve the position of the european economy more broadly. it should help out the ecb. that

i'm vonnie quinn. amanda: i'm amanda lang into rondo. international monetary fund spring meetings in washington are bringing together the world's top leaders, including the canadian finance minister bill morneau. one issue he addressed are pipelines, a hot topic of the alberta elections. crude has not had a major oil pipeline built in a decade. he says that needs to change. >> we need i plan capacity to get access to international markets. we have purpose a pipeline from the government to try to move forward in the right way. that we think is long-term going to be a positive if we can get through the approval assess. canada's pipeline problem is also on the mind of the nation's opposition leader. vancouver speaking in says he would invoke the constitution in order to force through construction of the controversial transmountain expansion. vonnie: bloomberg has learned the top three general motors and electric vehicle maker rivian have broken down. take an equityd stake, and that would've helped to bring rivian fully electric trucks and s

vonnie: i'm vonnie quinn. this is the european close on "bloomberg markets." withi'm going to start off where the dax is. the dax is outperforming now. the automobile sector is trading relatively strongly. this is part of what's coming out of the motor show in china and the macro picture starting to improve a little bit . is outperforming a little bit today, up .6%, fading off its earlier highs but not a bad move forwards. we will get some china data overnight. the gdp number is something we will follow and spend a lot of time talking about tomorrow. pay attention to that one. the csi 300, the chinese market up quite strongly. the other thing i want to mention as well, what's been happening with the ecb. a bloomberg story suggesting there's little enthusiasm in frankfurt for the idea that we could see this rate story developing in the european banking sector. nevertheless, the ecb moving in that direction. the european banking sector hasn't had that bad a day. just ao-dollar trading offsofter now, earlier 1.13, now trading just above it. the s&p 500 still up .

back now with john dean and we're joined now by jack quinn. welcome, jack, to the program. thank you so much for joining us. i'm going to start with you. >> thank you. >> this is what george conway writes, he said the president may have the raw constitutional power to say squelch an investigation or pardon a close associate. but if he does so, not to serve the public interests, but to serve his own, he surely could be removed from office, even if he has not committed a criminal act. is conway right, jack? >> absolutely. you cannot exercise presidential powers corruptly. and there's nothing more corrupt than exercising your presidential powers in order to protect yourself from a legitimate law enforcement investigation. i do think it's worth mentioning, by the way, that, you know, a lot of this discussion in the earlier part of the show turns on this whole question. i mean, the attorney general parachuted into this, which is

in this version cause he models disfigurements are played down and quinn's portrayal gives the character unless her if appearance. it was inevitable that the hunchback of notre dame should get the disney treatment and in one thousand nine hundred six that studio released its animated musical drama which changed the original tragic ending to a happy one that outraged some fans of the original book but it didn't stop it from being a box office hit. piece. the following year saw yet another live action adaptation this time a made for t.v. movie starring mandy patinkin as kasi moto and some high acas as. each version puts its own spin on the plot but a common thread is always a message of tolerance acceptance and lots. of. david. of course the wife of the billionaire phones on only know who as i think the phone to sort of come forward with a. donation for the rest in the restoration that's what we've actually seen sort of a bidding war between these french billionaires who is going to promise more to rebuild no to dumb and he is one of them that includes pino whose family owns the caring gro

hundred fifty six saw the release of the first ever color film adaptation of the story with anthony quinn and gina lollobrigida in the main roles and shot partially on location at the real no tom. in this version cause he mutters disfigurements are played down and quinn's portrayal gives the character unless her parents. it was inevitable that the hunchback of notre dame should get the disney treatment and in one thousand nine hundred six that studio released its animated musical drama which changed the original tragic ending to a happy one that outraged some fans of the original book but it didn't stop it from being a box office hit i. paid. the following year saw yet another live action adaptation this time a made for t.v. movie starring mandy patinkin as causing moto and some high ak as as morale to. each version puts its own spin on the plot but a common thread is always a message of tolerance acceptance and love. god. david. of course the wife of the billionaire. know who was i think the fuss to sort of come forward with the. nation for the rest and the restoration well that's what w

vonnie: from new york, i'm vonnie quinn. this is the european close on "bloomberg markets." guy: european equities pretty much flat on the day. stoxx 600 barely budging from that flat line. we are up less than 1/10 of 1%. where we are seeing some weakness is in the mining sector today. basic resources trading lower. we were just hearing from bill baruch at the cme on what is happening with copper. we have seen some metals rising out of their ranges, and mining stocks on the back of that. interesting to see if the metals catch up with the miners or if down towardsift the metals. giving the green light for u.s. trade talks. the question is how much is priced into that story. if there was a problem, where would euro-dollar go? vonnie: in the u.s., major indices down 1/4 of 1%, and the nasdaq down half of 1%. some of the worst performers include alliance data systems. the street was disappointed for what it can't from epsilon from publicis. little bit ofs a trepidation here now than apple has said it is going to spend a lot of money on apple arcade. what could that mean for game

from new york, i'm vonnie quinn. guy johnson is off today.n close on "bloomberg markets." we are 90 minutes into the u.s. market open. disney one of the stocks we will be watching. maybe more tomorrow than today. 1%.s down about 1/3 of its first investor day in five years taking place regarding its streaming app this evening. u.s. steel getting a downgrade. a couple warning about steel -mageddon coming after a credit suisse warning on the stock and its peers. crude oil down as the iea talks about demand getting cut due to economic threats to the global environment, even as opec cuts

from new york, i'm vonnie quinn. guy: and from london, i'm guy johnson. welcome to "bloomberg markets." vonnie: we have to home sale data after yesterday's soft existing home sales. they are looking for home sales to decline month over month. we have a gain of 4.5% and the sales numbers, 192,000 last year, much better than the market was looking for. once again, strong new home sales data in march. let's check u.s. markets. we have a nice balance to the s&p 500, .3%. thanks to higher oil prices and the energy index sending the s&p higher. we have heard from hasbro, leading the s&p higher. united technologies is doing well after spending off a couple of units. and coca-cola is up 2.5%. coming up, we will be speaking with coca-cola's ceo james quincy talking about the rising pressure for coca-cola. guy: looking foward to that conversation. european equities is up, but not by much. volatility is picking up. we are seeing strength in the lng stocks, up by over 2% as the $75st sits below and barrel. -- $75 a barrel. the other asset class i want to highlight is

. ♪ vonnie: live from new york, i'm vonnie quinn and this is "bloomberg markets."eeping our eye on several developing stories. let's get a check of the u.s. markets. abigail: we are looking at a bit of a bearish day for the major averages. take a look at the declines. the dow really down. 0.7%. s&p 500 on pace for its first down day in nine days. the risk off tone is confirmed by the fact that haven bonds are rallying. the tenure year -- the 10 year yield down low. we are going to see most sectors are lower. moments ago, all 11 sectors were lower. right now, a couple fractionally higher on the bottom. energy down 1.3%. weighing on the energy sector, we have a reversal for oil. take a look at brent, european crude. a little more extreme here for brent. as the lows, down more than 1% right now. down half of a percent after being down earlier. some of this after comments from vladimir putin that he is keeping in mind venezuela and iran around supply. finally, relative to some of the other indexes in the u.s. that are underperforming, we have the transportation average

. >> quinn: [ groans ] >> charlie: in the kitchen, i mean. >> quinn: n-not exactly why brooke asked to gather us together. >> brooke: no. uh... [ sighs ] well, today i discovered that, um...

from new york come on vonnie quinn. guy: from london -- from new york, i'm vonnie quinn. guy: from london, i'm guy johnson. this is "bloomberg markets." vonnie: a big day for earnings. of 1%, 500 just up 1/10 but we have plenty of deals to talk about today. "the wall street journal" reporting a merger. up, sendingfin is the s&p 500 to just a bit of a positive gain today. crude oil futures down under $63 a barrel this morning. we've been keeping an eye on that. we will be talking to one of our tehran correspondence this hour. we will also speak with stephen schwarzman, blackstone's ceo, from the mocon global constant -- from the milken global conference. story, u.s.ntraday markets are heading towards fresh records. if you break down europe, you can see that oil story manifesting itself at the bottom end of the markets. stocks under pressure once again. it started tuesday last week and has been going ever since. euro-dollar absolutely unchanged at the moment. such a big wake for data -- a big week for data. goldilocks stocks in some ways. building up payrolls in the u.s. a

. >> >> quinn: oh, my god. it's you. >> shauna: no way. >> wyatt: wait, you're -- you're flo's father? seriously? >> shauna: this can't be true. >> quinn: i-i don't even know what to say. >> wyatt: please, please do not tell me that flo is my sister. >> flo: yes, you lost your child. >> hope: and it's my fault. i wasn't strong enough -- >> flo: listen, this is not gonna be easy for you to hear, but i have to say it. someone is responsible for beth being gone, a-and i know who it is. ♪ ♪

customers and the company had been stolen the company suspended trading and shut down however bit quinn would have its comeback in two thousand and seventeen this was the biggest and busiest year for the currency after spending two thousand and sixteen trying to make a comeback in finally reached and passed its one thousand dollar mark and by june it was worth over three thousand dollars over six thousand dollars november nearly ten thousand dollars and by the end of december big quinn was worth nearly twenty thousand dollars but twenty eighteen has been a rough year for bitcoin the price has steadily dropped for much of the year and has been trading around the seven thousand dollar mark which is about a sixty five percent drop in value reporting in new york twenty of each of us r.t. . and then after that one zero one group down you may be wondering how to get started in crypto currency investing well now we will break down how to get a jump start in the market with christie. the co-founder of kind of part x. . so it might be hard for folks to believe but there are more than sixteen hun

this is bloomberg. ♪ ♪ vonnie: live from new york, i'm vonnie quinn. london, i'm guy johnson. this is "bloomberg markets." let's find out what those markets looked like. here's abigail doolittle. abigail: small decline for major averages in the u.s. after opening slightly higher. the s&p and the nasdaq down for the second day in a row. the nasdaq is flipping for its worst two days of the month of april. all of this as we are waiting for shares of pinterest to open. the digital scrapbook company did raise $1.4 billion in their ipo. over in asia, we have seen some even more weakness than here in the u.s.. the nikkei down 8/10 of 1% in the shanghai composite down for tenths of 1%. let's take a look at the german dax. over the last seven days, the german dax trading higher, up 2.9% over that time despite the fact there's been some pretty disappointing data out of europe. investors looking past it, apparently priced in considering we did have the imf tell ahead on that a couple of weeks ago. as we take a look at what has been happening over the last five da

vonnie: from new york, i'm vonnie quinn. this is "bloomberg markets." nasdaq up four points in the dow is still lagging. down 16 points, pretty negligible moves at the moment. the dow being dragged lower by the likes of pfizer. great performers, including kimberly-clark. almost 7% higher. now let's get to a global macro movers. you can see on the left hand , several indices expressing the torment of what happened over the weekend in sri lanka, including india and indonesia. we also have the india ruby weaker -- the indian rupee versus the u.s. dollar. continuing relations in turkey weighing on the turkish lira. the u.s. is increasing pressure on iran, oil at the highest in almost six months after the u.s. government said it is eliminating sanction waivers that allow buyers to import iranian crude. those waivers expiring may 2. here with more on how this could further tighten the market is our reporter with bloomberg intelligence. how might iran react? >> removing the waivers means that 2 million barrels of oil is going to go away. maybe not all of it, b

. >> quinn: no, wyatt -- >> wyatt: dad doesn't even know shauna -- do you? >> bill: not to speak of. >> shauna: 'scuse me. >> wyatt: [ exclaims ] you -- you live in vegas! h-how -- >> bill: yeah, i'm not buying it, either. >> quinn: are you denying that you and shauna might have had a night together? >> bill: i am not that girl's father, all right, whoever she is. you cooked this up. the whole, uh, "las vegas showgirl in distress." >> shauna: [ scoffs ] you know what? i don't kneed to listen to this. >> wyatt: no, no, no. you -- you have to tell me the truth here, okay? of the three people in this room, you have not lied to me yet. so... could flo really by my sister? >> hope: um... you seem a little uncomfortable.

this is bloomberg. ♪ vonnie: live from new york, i'm vonnie quinn.rom london, i'm and this is "bloomberg market." it is time for futures in focus, sort of. the ceo of chevron spoke to us a little bit earlier on to tell us about where he sees oil prices going next. >> supply and demand have become better balance. you are seeing strength in prices. i would say we are in the ballpark now of what we would ask that -- expect. guy: time now for futures in focus. let's go to the cme. ted, last time we spoke, you pointed us to $62 a barrel when it comes to wti. funnily enough, that is exactly where we are now. where does the price go next because you clearly have got quite a decent crystal ball. how much is it not the supply-side story and how much is down to the demand side story? ted: i really like what he had to say about that. i think we are at a right price here. while demand has been somewhat mediocre, supply side has been moving market. we have seen evidence that russia in opec are cutting lower-than-expected u.s. output has declined in january and th

quinn was brought up using the old-school approach.imself defending the t.r.u.e way. so what were you hearing from your fellow officers, who are not in this unit? >> quinn: we're here to wipe their noses. >> ashley mccarthy: cookies and milk. that's one i heard a lot of. >> quinn: cookies and milk. >> whitaker: lieutenant ashley mccarthy told us, in her nine years in corrections, she's never experienced anything like this. >> mccarthy: you don't have to put on the face of strength 100% of the time, because that's what you have to do in general population. you can't show a weakness, or a deficiency. >> whitaker: and here? >> mccarthy: it's more human, is what it is. >> erfe: it's kind if like going into la-la land, from general population. but, they quickly see that everybody is here to help. >> whitaker: what about punishment? you've got guys in here who've committed terrible crimes? >> erfe: their punishment is their incarceration. it's not our job as correctional professionals to punish somebody even more, while they're incarcerated.

it's quinn, all right?

vonnie: from new york, i'm vonnie quinn.: coming up very quickly, we're going to speak to the wto's ceo. meana hard brexit would for his organization. let's take a quick look at where the european markets are in advance of the european close. moment --iew at the trading lower. the closes next. this is bloomberg. ♪ guy: 30 seconds until the end of regular trading in europe. a reasonably well session in europe. the italian market is something of a laggard and outperformance in the london market. that down to what is happening with the pound today. we have the ftse 100 up 1%. european equity markets a little off their highs. we are already trading midrange in terms of what we have seen. mid to upper range. the ftse 100 up 1%. the dax doing relatively well. as term as the sector performance, the auto sector is where we are seeing outperformance. interesting what we're watching in the united states in that space. the cac 40 only trading up on 3%. let's look at the individual movers -- up .3%. let's look at the individual movers.

i'm vonnie quinn. guy johnson is off today. this is the european close on "bloomberg markets." in the u.s., the s&p 500 down to 2/10 of 1% to start the week. wednesday is the big day for economic data, of course watching the ecb as well. general electric got a downgrade , and the stock is suffering a bit today, down 6.5%. sony is another story we are keeping our eyes on. neither sony nor third point are commenting, but reuters is reporting that third point has begun a massive stake in sony, looking for changes. 2013 was the last time loeb looked for changes that sony. neither company is commenting, but it is enough to send adrs in the u.s. up 6.8%. supply from 1.5% on on supply.y on -- several companies moving the dax, down for tenths of 1% -- down 4/10 ofhs -- 1%. the turkish lira down 1.6% as president erdogan is looking for reelection potential in ankara, one of the major cities, and istanbul as well. ankara, the capital. he is alleging vote rigging in istanbul. greece's 10 year yield is at 3.84%. t

vonnie: from new york, i'm vonnie quinn. this is the european close on "bloomberg markets." guy: we are seeing bond markets selling off. yields are picking up. we seem strong data out of china, and a really strong trend on the u.s. ism numbers. the stoxx rising 1.22%. it really did start in china, the csi 300 up by 2.60%. in europe, the car sector doing really well, driving outperformance in germany. in london, we are seeing the minors performing as well. in terms of what we are seeing out of your outcome of the picture not quite so positive. pmiaw german many factoring coming below the flash number and indicating the german economy remains in a deep freeze right now. that probably is the china story, so it is interesting to see what kind of lag the positive pickup in china is to the german story. a positive come a risk on sentiment here in europe. vonnie: the 10:00 a.m. data giving more of a boost to u.s. equities, but we were already higher. the s&p 500 up three quarters of 1%. wynn resorts is contributing after gaining revenue. nalysts were looking for a much bigger dip t

i'm vonnie quinn. welcome to "bloomberg markets." from bloomberg world headquarters in new york, here are the top stories. is not a charm for theresa may's brexit deal. the next upstarts shortly with mps voting on a number of alternative arrangements. we have the latest. stocks may have felt the strongest quarter in 10 years. my one market walker is not breaking out the champagne just yet. and insight into the health of the equity capital markets with the president and founder of helen in capitals. taylor riggs is with us half into the -- halfway into the trading day. positive data filtering into where we are today. equity markets up 1%. chipmakersantly, the have exposure to china and transportation index your global growth concerns are squashed for now. those indices are up 2%. the 10-year had blown through originally through 2.40 but no longer. much higher on that 10 year yield. that is where we are with financials. we were speaking about the bigger financials. i want a read on the secondary players.

i'm vonnie quinn. welcome to bloomberg markets. from bloomberg world headquarters in new york, here are the top stories. casts its global growth outlook to the lowest since the financial crisis and the eu and u.s. ratchet up trade rhetoric. trio of is hiring a industry veterans to oversee a new $5 billion technology fund headed up by the coo. we will have an exclusive interview next. and the conversation on the year so far in deals. we will be joined by a partner -- let'snd and alice get to abigail doolittle. we are halfway into the trading day and it's a little off. the nasdaq down more than .5% now. .6% we have bonds rallying around the imf cutting its growth forecast to 3.3% from 3.5%. growth fears slowing renewed. take a look at the stocks. yesterday the stocks the leading closing at another at this point toing those losses down .7% take a look at some of the individual movers beneath the surface for the stocks. we have amd down. micron down. goldman is expressing concerns around the memory market and has reinstated coverage on

vonnie: in new york, i'm vonnie quinn. this is "bloomberg markets."s the worst performance for exxon mobil's refining business in 17 years. they lost $256 million in the first quarter. stockpiles of gasoline squeezed margins, and extensive repairs slowed out but. all of that you wrote it exxon -- slowed output. all of that eroded exxon profits. american airlines estimates it will take a 350 mullen dollar -- a $350 million hit to earnings because of the grounding of the 737 max 8 and rising fuel costs. that is your latest bloomberg business flash. let's check u.s. markets now. we are seeing them turnaround, though fractionally. the dow jones industrial average is up 1/10 of 1%, as is the s&p 500. chip stocks are recovering just a little bit. that is sending the nasdaq down, but just fractionally, by about 1/10 of 1%. the best performer in the as beaver hundred right now, procter & gamble, up two point -- in the s&p 500 right now, procter & gamble, up 2.25%. -- worst performer, and dell performer, intel. we will be talking to the ceo. guy: oil is fallin

i'm vonnie quinn. welcome to "bloomberg markets." here are the top stories on the bloomberg and from around the world that we are following. steady as she goes, bank of america has record strengths on consumer banking. speaking of earnings, ibm is set to report after the bell. what will big lou tell us about big tech. -- apparel isrio making a comeback, we will tell you why the century old retail brand is suddenly cool again. halfway into the trading day and want to have a look at where the bounce is. going anywhere, taylor? rising,bond yields are you are seeing it play out within the fangs, off about 1% leaving the market. the stoxx, interesting, two makers are leading the gains off about 1%. a big part of that move is coming from advanced micro devices. sony is coming out with a new playstation five and said that they will use new anz chips in that and they get 70% of their revenue from cpus and g views and 30% of revenue from games consoles, so a big win here for amd. a big stock that we have been following in the last hour or so,

i'm vonnie quinn. welcome to bloomberg markets. from bloomberg world headquarters in new york, here are our top stories. you for herman cain. president trump dropping his plan to nominate cain for the federal reserve board. naming mcgill patrizio as ceo. ?ill the shakeup pay off blood sport on wall street. we explore how hedge funds may be pressuring companies to default. all that in the next 30 minutes. taylor riggs is with us halfway into a quiet trading day. taylor: it's been quiet, light volume, a little bit of a reversal. we were looking at losses but now we are looking at gains. the tech sector was the upper former. nasdaq 100. some of the faang stocks. course, it is all about oil today, up almost 3%. now we are looking at sanctions on countries that want to buy oil from iran. we have a full v-shaped recovery here. rebounding about 3% for the year. lower prices at the pump, but want to be top on iran, so today we are getting higher prices. see what that is doing to the energy stocks we've been fo

vonnie: in new york, i'm vonnie quinn. this is "bloomberg markets."et's get a check on the markets with abigail doolittle. abigail: the s&p 500 up about 2/10 of 1%, putting in a new high on the day. the russell outperforming other indexes. that level of 1600 could confirm this year's rally. in europe, the ftse 100 higher as well. oil down for a fourth day in a row, the longest losing streak for oil this year. if we look at what is happening globally, we are also going to see something to keep in mind the shanghai composite, up 33% this year, now at 24% this year, last week putting in the worst week of the year, on pace for the first down week and down month of the year. something to keep in mind for sure. what is helping the s&p 500 on the day, we have some deal news, along with other news around ingersoll-rand and gardner denver, who may come through in a deal. morgan stanley saying it would be a landmark deal. mattel up still post earnings glow from last week. buy -- hannifin up on a eight daniels midland up on a buy. guy: let's talk more to george

vonnie: from new york, i'm vonnie quinn. this is the european close on "bloomberg markets." guy: as we approach the end of trading in europe, basically we are down, but not by much, and aggregates. the dax outperforming, doing really well today relative to its peer group because wirecard is potentially in play, or at least softbank is taking a decent stake in the company, it would billion dollar investment into the business. convertible,ng the and the s&p has some cracking numbers as well. that is why the dax is outperforming. london is underperforming. stocks of bp, which did really well yesterday, not doing so well today. that is interesting because the data out of germany today is not great. we are getting a fairly strong bid numbing into german bunds, as well. lower, prices higher in germany. continuing problems for the ecb. the aussie under pressure as well. the dollar continues to be reasonably strong at the moment, which is confounding quite a few people right now. one area that is certainly true is that in australia, we saw a hock onan inflation s the downside earlie

queen was worth one dollar for the first time in two thousand and eleven by june of that year big quinn was worth over thirty dollars but then it took a hit and drop back down to ten dollars and that want to be the last time because when prices took a hit over the next few years big. increases in popularity and after hitting the thousand dollar price value for the first time in two thousand and thirteen it quickly begins to decline and it will be around two years before the currency reaches a thousand dollars again because we've been stalled for a while and in january two thousand and fourteen and once again fell below one thousand dollars and struggle to rise for a few years during this time the world's biggest bitcoin exchange mt gox and japan announced that around eight hundred fifty thousand points valued at nearly five hundred million dollars belonging to customers and the company had been stolen the company suspended trading and shut down however bitcoin would have its comeback in two thousand and seventeen this was the biggest and busiest year for the currency after spending two