Stocks Selloff Pauses Rebound After Tech Rout; Jobs Report Ahead
Channel: Bloomberg Television
Uploaded:
Duration not recorded
Read a transcript preview of “Stocks Selloff Pauses Rebound After Tech Rout; Jobs Report Ahead” from Bloomberg Television, uploaded on 2026-11-06.
Transcript preview
Language: English (original, creator captions)
[0:00] ♪ >> GOOD MORNING.
[0:11] I AM GUY JOHNSON YOUR BLOOMBERG BRIEF.
[0:13] WHAT DO YOU NEED TO KNOW? THE SELLOFF IN EQUITY SHOWING
[0:18] SIGNS OF EASING PARTICULARLY IN THE U.S. AFTER THE S&P STEEPEST
[0:21] DROP IN A YEAR YESTERDAY. ASIA DEFINITELY HAD A TOUGH
[0:24] NIGHT. EUROPE IS STILL DOWN.
[0:30] PRESIDENT TRUMP BLAMING DEMOCRATS FOR THE MARKET LOSSES
[0:33] AFTER THE PARTY'S VICTORY IN THIS WEEK'S MIDTERM ELECTIONS.
[0:37] IT'S JOBS THAT IN THE USA. EXPECTATIONS FOR ADDITIONAL
[0:41] INTEREST RATE HIKES CONTINUING TO FADE.
[0:46] IT HAS BEEN A MASSIVE FEW DAYS FOR MARKETS.
[0:49] LET'S TRACK THE LATEST ACTION AND FIGURE OUT WHAT'S GOING ON.
[0:55] THERE. WINNIE: IT HAS BEEN SUCH A
[1:00] BRUTAL SELLOFF IN ASIA TODAY. MSCI ASIA DOWN ABOUT 4%.
[1:05] HAVING HIS WORST DAY SINCE APRIL LAST YEAR.
[1:08] IT IS ABOUT THE CONCERNS AROUND THE POTENTIAL SLOWDOWN IN THE AI
[1:12] DATA CENTER BUILDOUT BUT ALSO A POSITIONING UNWINDING,
[1:15] DELEVERAGING REALLY HAPPENING VERY FAST.
[1:19] IT IS REALLY AMPLIFYING THE VOLATILITY WE ARE SEEING IN THE
[1:20] REGION. WE ARE LOOKING AT THE NIKKEI 225
[1:26] AND TAIEX INDEX SLUMPING INTO BEAR MARKET TERRITORY, AS WELL
[1:29] AS THE KOSPI INDEX DOWN ABOUT 6%.
[1:34] THE LOCAL AUTHORITIES HAVE BEEN STEPPING UP THEIR MEASURES TO
[1:35] STABILIZE THE MARKET. THAT IS NOT JUST IN KOREA BUT
[1:38] ALSO IN TAIWAN. JUST IN THE FATE -- PAST FEW
[1:44] MINUTES, THE NATIONAL FRONT IS POTENTIALLY CONSIDERING STEPPING
[1:46] IN WITH THESE MARKET STABILIZATION METHODS TO HELP
[1:50] SUPPORT THE MARKET. BEFORE WE LOOK AT SOME OF THE
[1:58] BRIGHTER SPOTS IN THE MARKET, WE ARE SEEING MONEY ROTATING INTO
[2:02] THE LIKES OF INDIAN STOCKS GIVEN THAT THEY L