Latest News

U.S. Initial Jobless Claims Falls 9K to 282K

Fewer Americans than forecast filed applications for unemployment benefits last week as improved weather conditions ushered in labor-market stabilization. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)

Can U.S. Stock Market Get a Rally Going?

Knocked down 1.5 percent Wednesday, the Standard & Poor’s 500 Index has now gone 26 days without posting gains in back-to-back sessions, the longest stretch since 1994, data compiled by Bloomberg show. Bloomberg’s Michael Regan reports on “In The Loop.” (Source: Bloomberg)

Gainers

RHT
+6.90
+10.08%
Red Hat Inc
ICPT
+22.68
+8.70%
Intercept Pharmaceuticals Inc
ACN
+6.18
+7.01%
Accenture PLC
LULU
+3.89
+6.38%
lululemon athletica Inc

Losers

SNDK
-15.24
-18.78%
SanDisk Corp
CNX
-1.33
-4.58%
CONSOL Energy Inc
SWN
-0.85
-3.64%
Southwestern Energy Co
COH
-1.42
-3.36%
Coach Inc

Extended Environment of Ultra-Low Rates: Russ Koesterich

Russ Koesterich, chief investment strategist at BlackRock, discusses the influence of nearly free money on global markets and the factors behind Wednesday’s U.S. market selloff. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

Street Smart

How Facebook’s Platform Can Help Developers

Facebook Director of Platform Deborah Liu discuss how Facebook’s platform will help developers build, grow and monetize their apps. She speaks with Bloomberg’s Cory Johnson on “Street Smart.” (Source: Bloomberg)

See the Latest Offerings from Rolls-Royce

President of Rolls-Royce North America Eric Shepherd and Bloomberg’s Matt Miller discuss the next generation of Rolls-Royce drivers with Alix Steel on “Street Smart." (Source: Bloomberg)

Orders for American-Made Durable Goods Drops

Oppenheimerfunds CIO Krishna Memani and Bloomberg’s Lisa Abramowicz and Carl Riccadonna discuss the real culprit behind weak durable goods with Alix Steel on “Street Smart." (Source: Bloomberg)

What is the Momentum Behind Today’s Selloff?

Oppenheimerfunds CIO Krishna Memani and Bloomberg’s Lisa Abramowicz and Carl Riccadonna discuss the momentum behind today’s selloff with Alix Steel on “Street Smart." (Source: Bloomberg)

`No Reason' Banks Can't Hold Commodity Assets: Duffy

Terrence Duffy, executive chairman and president of CME Group Inc., talks about the Federal Reserve's oversight of the commodity businesses of Wall Street banks, high-frequency trading and CME's plan to offer futures contracts for oil-storage space. He speaks with Alix Steel on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Equities Best Place for Global Investors: Andersen

UBS Wealth Management CIO Office Co-Head of Asset Allocation Mark Andersen discusses Greece's debt crisis, the search for yield in Europe and European corporate earnings with Bloomberg's Zeb Eckert, Shery Ahn, Yvonne Man and John Dawson on "Asia Edge." (Source: Bloomberg)

Expect Oil to Climb in Next Twelve Months: Andersen

UBS Wealth Management CIO Office Co-Head of Asset Allocation Mark Andersen discusses the selloff in the U.S., low oil prices and a rise in interest rates with Bloomberg's Yvonne Man on "Asia Edge." (Source: Bloomberg)