Nike looking to shuffleci a protest from its owna fundraiser it is wednesday, february 19, 2020 Worldwide Exchange begins right now. Good morning im dominic chu in for Brian Sullivan stock futures indicating a positive open after the dow fell for a third consecutive day on that big revenue warning from apple. That dow would open positively by 57 points, the nasdaq up around 30. The yield on 10year benchmark ticking slightly to the down side, 1. 551 twoyear benchmark, 1. 414 there. Lets go worldwide moving over to chinas return t hang seng and hong kong up about a half and a third a percent. It is relatively green there on the screen very much a positive trade in the european session, at least so far sno the daily number of infections in china has dipped the overall death toll crosses the 2,000 mark reporting the lowest daily rise in cases officials in hong kong have announced a new death from from the virus as well. In the United States, a single case has been confirmed in california t
Cheryl veronica . I hosted so im ready to be done. We have a lot of news coming up this morning. Our top story this hour was, well, it was christmas, americans spending more money online for the Holiday Season, ecommerce sales jumped more than 18 compared to last year overall. Holiday retail sales excluding cars rising more than 3 . Thanksgiving did fall later this year which pushed a lot of retailers to start sales earlier. President trump touted the news, heres what he tweeted. 2019 Holiday Retail sales were up 3. 4 from last year. Biggest number in u. S. History, congratulations, america. Veronica, your reaction in the middle of all this political abusinesabyss thats happening , you have an economy and consumer thats on fire and we have numbers to prove it. It sounds like youre trying to get away from washington but this is great for the party of washington, for republicans, for the president. This is a great economy for him to be going into 2020 with. Theres a ton of devi divisiven
Also taking a look here at the curve as well as bonds like i mentioned, 194 is where we sit on the 10year. Time for Global Exchange where we bring you market moving news from beijing to new delhi to washington and los angeles. Our bloomberg voices on the ground with this mornings top stories. We begin in asia where the chinese president is in macau to celebrate the return to chinese rule against the backdrop of unrest in china and calling for macau to diversify its economy. With the return of hong kong and macau to the moreland, it is completely up to china to handle the affairs of the two special administrative regions. There is no need for any external force to interfere. Alxy joining me is tom mckenzie the china open coanchor. What did you learn by the speech from mr. Xi . Tom he was there to mark the 20th anniversary of the handover and swearing in of the chief executive. Macau as a reminder is the worlds biggest gambling hub, bigger than vegas with a monopoly on the industry in ch
China. Facebook falling. A new report says the social media giant is no longer one of the best places to work. And a strike again. Yankees inking the largest contract again for a Major League Pitcher all of this as Worldwide Exchange begins right now good morning and welcome to the show im dominic chu in for Brian Sullivan trying to snap a twoday losing streak all remain negative so far the dow would open up just about four points, the s p about one point and the nasdaq about seven points pointing to the big fed decision later today. We are seeing some signs here, movement there to the down side 1. 86 . 10year note deals, twoyear note deals ahead there you can see the major board says hang seng up, shanghai compositity up and the kospi about flat for japan in european trade, german dax up 0. 10 . The cac off about a quarter a percent as ftse 100 around flat as well. So the faa is reportedly creating a new Safety Branch to address gaps in their oversight. The faa has come scrutiny for a
How the sector is shaping up for the condensed Holiday Season, already december 2nd why jack dorsey is planning to spend a big chunk of next year in africa. Well discuss it even if we know nothing about it never stops us no as we enter the first day of trading in december, stocks are looking to maintain the upward momentum following what was the best monthly performance since june the nasdaq was the top performer over the three major indices its november gain was 4. 5 , jim, as we head into 2020, amazingly as that is we have to look at the likes of apple and facebook and the incredible gains and some of the laggards in technology it is hard to imagine amazon is a laggard, it has been performing as has alphabet. I think people should watch jpmorgan and United Health which bottomed at the exact moment when the of senator warren hit its peak i continue to believe like you do, david, it is way too early one thing i would say, there is no reason for jpmorgan to be up where it is, given the