Bloomberg Market Wrap 11/18: Stocks Higher, Oil Lower, Apple Hits Record High

The video discusses market trends, focusing on Treasury yields and the impact of trade on global markets. It highlights the crude oil market's current state, noting a contango structure indicating weakness. The video also covers Apple's market performance, emphasizing its record highs and significant market cap compared to the S&P 500 sectors, driven by strong iPhone 11 sales in China.

What was the market's reaction to the Federal Reserve's first rate cut?

• Decrease in Treasury yields

• Stability in the US dollar

• Expectations of a global recession

• Increased confidence in economic growth

What does a contango structure in the crude oil market indicate?

• Market strength

• Increased demand

• Price stability

• Market weakness

What was the impact of trade wars on the crude oil market?

• Fear and price decline

• Stability in oil prices

• Increased oil prices

• Increased demand for oil

How did Apple's market cap compare to the S&P 500 Energy index?

• It was lower than the Energy index

• It was equal to the Energy index

• It was higher than the Energy index

• It was not compared to the Energy index

What was the significance of Apple's iPhone 11 shipments in China?

• They were not significant

• They remained stable year over year

• They decreased by 6% year over year

• They increased by 6% year over year