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Bloomberg Surveillance

Schork: the rise in oil prices is a massive short-covering

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 9 March 2016

⏱️ 13 minutes

🧾️ Download transcript

Summary

Schork: the rise in oil prices is a massive short-covering

Transcript

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0:00.0

When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

0:07.0

How your Evie's battery may not be as green as it seems.

0:11.0

Why a decrease in global birth rates could send countries scrambling to increase immigration.

0:16.2

You get context.

0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to

0:24.3

Bloomberg.com to get context. Global Business News

0:33.3

News 24 hours a day at Bloomberg.com, the radio plus mobile app, and on your radio.

0:39.1

This is a Bloomberg Business Flash.

0:41.7

And I'm Karen Moscow.

0:43.0

This update's brought to you by National Realty.

0:45.0

30% returns on cash and rented real estate.

0:48.0

Find them at NRIA.net.

0:50.0

US stocks hire, headed toward an eighth year of a bull run led by a rebound and energy shares.

0:55.3

Amid speculation, Central Banks will continue to provide stimulus to bolster sluggish global growth.

1:00.8

We check the markets every 15 minutes throughout the

1:03.1

trading day on Bloomberg. S&P 500 up 3 tens percent or six points in 1985. Now

1:08.8

Jones industrial average at 4 tenths percent or 62 points to 17,26. The NASDAQ is little changed up

1:15.3

three points to 4651. Ten year Treasury down 10 30 seconds. They yield

1:19.8

1.86 percent. They yield on the two-year 0..6.9x crude oil up 1.6 percent or a 57 cents at

1:26.9

37.07 a barrel. Comex goal down 1.4 percent or 17 dollars.30 at 1245

1:33.0

80 an ounce.

1:34.0

The euro, $0.0951, the Yenne 112.89.

...

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