Global business news twenty four hours a day at Bloomberg dot com, the Radio Plus mobile app and on your radio. This is a Bloomberg Business flag from Bloomberg World Headquarters.
I'm Charlie Pellow to move higher now for the Dow, the SMP and NASTAC and this update brought to you by a sector spider et F S Why by a single stock when you can invest in the entire sector of visits sector sp d rs dot com or call one A six six sector e t F. Now let's head right over the first Scoard breaking news desk for today's afternoon call. And here he is at Lalan. Good afternoon, Charlie. Main Us averages are quiet today, with a DOUBT up
by eight points. S and P gains three and NASDAC rises twelve, Small capsis hundred games three and U S tenure yield at one point five. Six out of ten sp sectors are higher, led by gains in energy and utilities. Sectors lead into the downside include telecoms and healthcare. Dowb trout Transports rise thirty two, NASDAC Biotechs are up eight,
utilities gained five, and the VIX drops four percent. Leaders to the downside of the Dow include Caterpillar and Home Depot, while Dow leaders to the upside include Walmart and Chevron. It was a big day for oil drillers as helmerkan Pain gains three percent and Transition rises four After the bell tonight, look for earnings from Ross Stores, Applied Materials, and the Gap. Live from the First Word Breaking news desk. I'm at the lawn, Charlie. All right, hey, thank you
very much. A head and to hear live breaking news over your bloom Bird type squawk s q U A w K on your terminal. I'm Charlie Pellett. That's a bloom Bird business flash. This is taking stock with Kathleen Hayes and Pox on Bloomberg Radio. On the political road, Hillary Clinton's team is bracing for what Donald Trump's pain shake up poor tens, a political fight that could drag out every Clinton family drama, tabloid scandal, and conspiracy theory
of the past decades. So rights are Bloomberg car colleague Market toll Off. She's our White House correspondent based in Washington, d C. So Washington teen d C. Of course, is as everyone's wondering what's going to happen now with Donald Trump changing his team a bit and bringing on they had a bright Bart news. Uh what do you make of it, Margaret, Well, it was funny talking with the Clinton campaign yesterday and watching her address, you know, her
first audience after the news of this. What they seem to be making it of it is some combination of not very much in terms of a change in their own course or the potential for a couple of new lines of attack against Donald Trump. Now you can say that's been and they're possibly terrified of what the abandoned
might on weast saw in America. But but what they have been saying, um, is that what they always anticipated it once it became clear that Donald Trump as the person they were going to be running against, was very nasty attacks, sort of have blood style stuff, things about Bill Clinton's past, the dramas from the White House years, all that sort of stuff. So um, and then there was a sort of brief rest. But over the summer
with the rise of Paul Manafort. Listen, the Trump campaign where the question was is, man, if we're going to tamp down on all of that and try to run a more conventional campaign that will appeal to more centrist Republicans. Uh, he kept trying, Trump kept resisting and sort of slipping back into kind of gut instinct Trump and now with what is being perceived as kind of a sidelining of
Manafort and a rise of Bannon, Kelly and Conway. Um, the idea that that kind of experiment with uh, while modulating, influences over and it reverts back to Plan A, which is what they had planned for. So they heard to be taken at their word. And there's no reason for the Clinton campaign to change course because it'll be the same campaign that they thought they would be running to
begin with. Margaret, I understand that these people are obviously working for the campaign, Kelly and Conway and Stephen Bannon. Do any of them have any history of public service. Well, of course, it depends entirely on how you define public service. But if you if part of the way you define public services, to talk about polling is to talk about
movement conservatives. No, I mean public service, like public service, like either working for the government or some kind of public service that is not involved in celebrity or high profile media. It's about their experience is essentially around organizing Republican movements, whether it's mainstream movement or conservative movement and um.
And Trump's argument has been and will continue to be that he's not a conventional politician and he shouldn't try to run a campaign that's divine defined by conventional politics. That if he's elected, wants it's time to govern. That's when you bring in the people with the governance expertise. But that when you're running a campaign and it's about ideas, personality, got instinct, and that this is the team that reflects
has got instinct. Yeah, it's interesting how the uh, you know, Roger Ailes is now said to have taken on a more active advisory role since he was ousted from his job at Fox News. He uh, the timing perfect for Donald Trump in some sense because Ales has been so strategic about you know, political issues, about about celebrities, about so many things that he's put together at Fox News. Yeah.
The question for Trump has been and is going to continue to be with some of these shifts and the kind of reconstitution or reshaping, rhetorical reshaping of his team. Is his real challenge one of kind of organization and message consistency, or is his real challenge to be able to move beyond that part of the Republican base and into more of a center, if not a crossover camp.
So when you kind of draw a circle around all of these folks, around Steve Bannon, around Kelly and Conway, around Roger Ailes, um, do you don't traditionally think of any of these people in terms of having uh a record of reaching across partisan aisles or or even specializing in the center. In fact, in the case of Um, sort of bright Bart's recent history UM more more of an effort to uh kind of push John Banner out
the door as House speaker, to be critical of mainstream Republicans. Now, what Trump may pick up on the flip side from all of these folks is knowing how to run a campaign, knowing how to get the most out of a candidate, knowing how to stay disciplined on message, on focus, to
kind of see your window. That's what he's hoping. What the Clinton campaign is hoping is kind of coming from the opposite end um of the spectrum, which is to say, does UH does that consolidate Trump's strength entirely in the basement? Does it give them UM an opportunity to drive a wedge into the Republican Party to further that wedge that isolates Trump from mainstream or publicans. Can they turn around
and pick up some of those books, uh? And can they use it to um cospire more turnout or activism on the Democratic side. Thank you very much. Margaret tolif for White House correspondent for Bloomberg News based in Washington, d C. Of course, home to Bloomberg one FM and one oh five point seven h D two. You can follow Margaret on Twitter at Margaret Tollef giving us her perspective on the presidential race and Donald Trump's change in
his campaign management. You're listening to Taking Stock. I'm pim Fox my co host Kathleen Hayes. This is Bloomberg bloom We're Taking Stock is brought to you by a Maserati of Morris County get behind the wheel of it all new Maserati Ghibley Sq four. Why go just anywhere when you can shop like a celebrity at Maserati of Morris County Visit Maserati MC dot com. But