Trump Orders Minneapolis Pullback, Iran Talks Friday, More

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Unknown 0:00
The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.
Nathan Hager 0:28
News when you want it with Bloomberg News Now. I'm Nathan Hager.
Karen Moscow 0:33
And I'm Karen Moscow. From the Bloomberg Interactive Brokers Studios, this is Bloomberg Daybreak for Thursday, February 5th.
Nathan Hager 0:43
Coming up today... President Trump discusses Minnesota, Iran, and more in a pre-Super Bowl interview.
Karen Moscow 0:48
NBC's Savannah Guthrie makes a plea to her mother's kidnapper as the search continues.
Nathan Hager 0:53
The global tech sell-off eases. For now, we have the latest earnings reaction from Alphabet.
Karen Moscow 0:58
And silver plunges once again after a record-breaking rally in precious metals.
Michael Barr 1:02
Business leaders call for restoring funding for the New York Rail Tunnel project. Plus, officials from the self-driving vehicle industry appeared before Congress. I'm Michael Barr. More ahead.
John Stashower 1:11
I'm John Stashower in sports. Eighth straight win for the Knicks. Double overtime over the Nuggets. The Rangers traded Artemi Panarin.
Unknown 1:19
That's all straight ahead on Bloomberg Daybreak on Bloomberg 1130 New York, Bloomberg 99.1 Washington, D.C., Bloomberg 92.9 Boston, Sirius XM 121, and around the world on BloombergRadio.com, the Bloomberg Terminal, and the Bloomberg Business App.
Nathan Hager 1:42
Good morning. I'm Nathan Hager.
Karen Moscow 1:44
And I'm Karen Moscow. And U.S. stock index futures are a little changed right now. S&P futures anyway. Dow futures are down a tenth of a percent, down 69 points. NASDAQ futures are up a tenth of a percent, up 26 points. Ten-year treasury down 132nd, yield 4.27%. The yield on the two-year, 3.54%. NYMEX crude oil is down 1.5% at $64.16 a barrel, and COMEX Gold is down 1% at $49.02 an ounce. Nathan.
Nathan Hager 2:14
Karen, we begin in Washington where President Donald Trump has carried out an annual tradition. The president sat down for a wide-ranging interview ahead of the Super Bowl with NBC News, and the discussion covered an array of topics, including the situation in Minneapolis after the deaths of two Americans by federal agents. President Trump says immigration enforcement in the city needs a softer touch.
Donald Trump 2:34
Look, I'm not happy with the two incidents. It's not, you know, it's both of them. Not one or the other. He was not an angel, and she was not an angel. You know, you look at some tapes from back, but still, I'm not happy with what happened there. Nobody could be happy, and Ice wasn't happy either.
Nathan Hager 2:52
President Trump says he personally decided to pull 700 agents from Minnesota yesterday. That still leaves about 2,000 federal agencies, agents in the Twin Cities area. A Quinnipiac University poll shows 50 or 63 percent of voters disapprove of the way ICE is enforcing immigration laws, though 77 percent of Republicans approve. 61 percent think the Trump administration has not given an honest account of Alex Preddy's shooting.
Karen Moscow 3:18
Well, Nathan, President Trump also discussed geopolitics in the NBC News interview. The president had a message for Iran's supreme leader ahead of indirect talks with the country tomorrow.
Donald Trump 3:27
I would say he should be very worried, yeah, he should be. As you know, they're negotiating with us.
Karen Moscow 3:33
And President Trump has threatened military action against Iran if it does not reach a deal on its nuclear program. The White House says both sides still plan to meet in Oman tomorrow. President Trump also touched on his hour-long call yesterday with Chinese President Xi Jinping. He said they covered a lot of topics and that it's important that both leaders have a good relationship.
Nathan Hager 3:53
Karen, the Federal Reserve also came up in President Trump's interview. NBC's Tom Lamas asked if interest rate policy weighed on the president's decision to replace Chair Jay Powell with former Fed Governor Kevin Warsh.
Donald Trump 4:04
I mean, if he came in and said, I want to raise him. If he said that, he wouldn't have gotten the job. He would not have gotten the job, no.

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