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 crude oil market dynamics, particularly the contango structure, and examines Apple's market performance, noting its record highs and significant market cap compared to the S&P 500 sectors.

What event caused a sharp move downwards in the Treasury yield expectations?

• Apple's market cap increase

• A decrease in iPhone shipments

• A rise in crude oil prices

• The Federal Reserve's first rate cut

What market condition is indicated by the term 'contango' in the crude oil market?

• Volatile market

• Stable market

• Market weakness

• Market strength

What was the closing price of West Texas Intermediate crude after last week's performance?

• $57 a barrel

• $65 a barrel

• $60 a barrel

• $50 a barrel

What was the significant factor contributing to Apple's record highs in stock price?

• Trade war resolution

• Rise in crude oil prices

• Decrease in Treasury yields

• Increased demand for iPhone 11

How does Apple's market cap compare to the consumer staples sector within the S&P 500?

• It is lower

• It is higher

• It is equal

• It is not comparable