we talked to martin, ceo of mucci, ceo oftin paychex. and raising concerns that any green shoots in manufacturing have disappeared. welcome to "bloomberg daybreak" on this friday, december 6. i'm alix steel. it feels like i want to say risk on, but you are also seeing bunny in the -- seeing money in the bond market, so maybe it is both. yields down in the u.s. by about two basis points. crude off by 0.5%. opec delivered the goods, and it wasn't enough to move the needle on the oil price. time now for global exchange, where we bring you the market moving news from all around the world, from vienna to london, frankfurt to washington come our bloomberg roses are on the ground with all the top stories. in vienna, opec is said to reduce its target as a rock promises to comply. joining me for more is bloomberg's annmarie hordern. but do we know so far? annmarie: good morning. what we know is they've agreed at the opec+ allies meeting today to cut by the hundred thousand barrels a day, but the devil is in the details. brent and wti are both low

we talked to martin, ceo of mucci, ceo oftin paychex. and raising concerns that any green shoots in manufacturing have disappeared. welcome to "bloomberg daybreak" on this friday, december 6. i'm alix steel. it feels like i want to say risk on, but you are also seeing bunny in the -- seeing money in the bond market, so maybe it is both. yields down in the u.s. by about two basis points. crude off by 0.5%. opec delivered the goods, and it wasn't enough to move the needle on the oil price. time now for global exchange, where we bring you the market moving news from all around the

meantime, notable companies reporting earnings include paychex and chip maker micron. there were more record highs on wall street led by gains by big banks. the dow rose 31, the s&p 500 added a point and the nasdaq gained 9. >>> fedex is taking another hit, this time impacting the company's bottom line. profits slumped 40% to $560 million in its latest quarter. fedex blamed higher costs, a shorter holiday shipping season, and a move to cut ties with amazon for the decline. earlier this year, fedex stopped making ground deliveries for amazon, and just this week, the e-commerce giant temporarily restricted third-party sellers from using fedex's ground service to ship to prime members. >>> meantime, ford is bringing thousands of jobs to michigan. 3,000 new positions will be added at two factories in the detroit area. ford is also investing $1.4 billion to build new pickup trucks, suvs, and electric and autonomous vehicles. the company says $750 million will go to an assembly plant in wayne. another $700 million will be invested in a truck plant in dearborn. hiring will be

of paychex was here, he saw the lowest quintile earnings to the largest quintile earners. are you seeing the same thing? >> we see employers going in other markets hiring workers this used to be all san francisco, new york, seattle is hiring, now you're looking at secondary cities where big companies are trying to find pools of talent. >> how does that work, though? because one of the interesting trends we've seen is people don't want to move any more. mobility is down across the board in the united states economy. are companies moving out to employees, are they giving better packages to improve -- >> they're looking at other places to find employees goldman, when they started marking, they go into denver you're seeing younger people moving there for life-style changes. they've been there awhile. if you're google and amazon, you're saying where can i go to find these pools of talent >> if you don't mind, we had a chart up on the three-month average. there are three stories on that chart. would the real employment number please stand up? i know it's an old joke. take a look