Politics at home and abroad for years to come. The ipo has taken a dramatic turn with jack ma and other executives summoned by regulators. The company ahead of scrutiny. Shery breaking news out of south korea. We are getting the october Consumer Price numbers. Month for month, we are seeing a contraction of 0. 6 , really missing expectations of analysts. Not to mention it is a slow down and Inflation Numbers from the previous month. Not surprising given we had a pickup because of the weather related issues. We had monsoon season. And lowerlf Pressure Energy prices. Growth of prices is only. 1 which is a deceleration from the previous year. Not to mention it is under analysts expectations. Only in october we saw bright about 30 lower on average compared to a year ago so we are getting pressure on both numbers. For now, lets turn to the market. We are seeing u. S. Futures slightly higher online. Lets turn to sophie in hong kong. S p adding about 1 10 of 1 at the start of the session in a
Successful launch, the apple card issued by Goldman Sachs hit some snags in 2019. First, our top story. Tech continues to be the outperformer in 2019 with the nasdaq on track for its best year since 2013. The tech index is up 35 , just 3 shy of 2013s banner year. It is largely due to apple and the chipmakers. Joining us is abigail doolittle. I am showing on my terminal a chart about divergence, winners and losers. What is your take away from the divergence . Abigail the clear winners, apple and facebook. Apple up 85 , facebook up 55 . The others up closer to 20 or 30 . Still great gains. And the complex is overall higher. 2019 really the year of record highs. The complex overall, the last record high overall back in july but those two Companies Really pulling away with the lead, apple and facebook. Apple putting in record high after record high. And behind that buying power, you have to think it had something to do with 2018. Because between october and december 2018, apple fell about
Edward lawrence live in d. C. And edward, we start with you. Reporter a hiccup in the implementation of usmca threatened to cause tensions between the two countries over the agreement. It caused mexicos top trade negotiator to come here to washington, d. C. To meet with u. S. Trade representative Robert Lighthizer to work this all out. Because of concerns and that meeting, the u. S. Trade representative, allayed fears. Basically mexico was concerned that the u. S. Could force them into accepting up to five inspectors into their mexican factories and u. S. Trade representative Robert Lighthizer in a letter today saying those were not actually inspectors. Theyre attaches, attached to the u. S. Embassy here in the United States. So those attaches would offer technical guidance and expertise to the mexicans, not inspections. Adding that any compliance verification would be done by an independent panel with help from representatives from mexico and the u. S. The undersecretary says his fear
Turnaround plan. The end of an era for the house that jack built. The alibaba cofounder steps down from chinas top ecommerce company. Kathleen later in Bloomberg Technology global link, apple is preparing for its biggest event of the year, unveiling his latest iphones. A quick reminder of how stocks ended the day. Kind of never really missed. We saw the s p futures pointing a little bit higher. The s p 500 was interesting today, closing within 1. 6 of its alltime high. That was a move higher. Basically flat at the close. The vix index nearly up 2 . The 10 year yield, bonds are a big story today. Some analysts are seeing the selloff in yields from germany to the u. S. , u. K. In around the world got some momentum from that stock raleigh stockmarket rally. The 10 year note yield. Go to the very far right. Backup to 1. 64. That was quite a move. More recently down around 1. 5, 1. 55. You see that. On themiddle, the yield far righthand side. You can see a bounce up to. 592 around. 49. Down
A Carbon Neutral transport people are worried about what happens to the batteries at the end of its life people are worried about mineral extraction what do you say about those concerns we think that electoral believe the earth at the moment the right technology because we are committed to perris 2050 years we wants to be on to 2050 climate new true and today electrification is the best choice to realise at short notice c o 2 reductions on to 2025 we want to produce more than 1000000. 00 electric cars with this we can reduce the c o 2 emissions fall off by 30 percent the id 3 represents one of the 1st tangible results of that effort but whether its paid off is something consumers get to decide following its Market Release next summer. Democracy activists joshua wang is taking his message to the road. His 1st stop berlin the 22 year old spoke at the German Parliament after being detained for 24 hours by authorities that hong kong airport wang met with germanys foreign minister hype of m