It was being called the christmas protest. Three big hours for you. Buckle in. Merry christmas. Varney company about to start right now. Charles huge gains for the markets this year. The calendar year, in fact, has wall street looking extraordinarily well. Want to bring in market watcher Rebecca Walser on these gains and of course, at this point in time, we always look ahead. What do you make overall of this market, considering all the negative headlines, all the negative speculation . First to have this kind of market is really remarkable. Charles, it is. Merry christmas. Im having such a great retail season high. I dont care what the retail experts, you know, were expecting. We got 3. 4 growth and Super Saturday, charles, the biggest shopping day ever. 3. 4 billion on Super Saturday. Thats what happens when you have a short Christmas Shopping season, right, from thanksgiving to christmas. Charles yeah, no doubt about it. And i got to tell you, its anecdotal but as i looked around at
Watering 5 billion. The implications of unrest, weeks of protest and hong kong. The effect on the citys top names. Shery we are seeing pictures being pressured down half a percent on that news that the white house is halting any licenses for businesses to work. Ith hallway huawei this after a stellar performance. Green. Ector was in the the s p 500 was able to erase this weeks loss. Nasdaq two and a quarter percent. The Energy Sector leading those rises, gaining ground with news that saudi arabia was in touch orbital in and order to slow the decline. Lily catching the eye of investors. Lets see how we are shaping up in asia. Pointing to a mixed open. Futures down almost. 5 , but in sydney, seeing a little bit of positivity. That sentiment is strongerthanexpected and it was shortlived. Bloomberg reporting that the u. S. Is planning to publish that final list in chinese imports. They plan to hit with tariffs this week or early next. Reporting the white house is holding off the decision o
Spotlight later. The japan and korea spat rambling on. They may be forced to retaliate. The latest plan fails to impress. Started withget us a quick check of the markets. Health care tech are some of the biggest decliners. Individual movers like apple being downgraded. Falling after they cut their outlook. We have lingering effects from the data that we saw last week. Had one sector that gained ground, the energy sector. Also rising with geopolitical tensions. Ups see how we are shaping for the markets. Sophie this tuesday, kiwi stocks are up about. 4 . This after mondays broad selloff from a two month high from mumbai to shanghai. Drop since may. Likely crossing their fingers that they can resolve the trade spat. In sydney might rebound a. Ouch with commodity moves oil is under pressure. Rising volatility. We are watching the jump in iron or prices. , we have the today policy decision and india earnings season kicks off. Thank you very much. Lets check on the first word news. U. S. St
Further decline. 2018 has to offer both good and bad. Ramy we are getting breaking news on the south korean front again. We have cbi today, inflationary prices coming in line with what estimates were. A nice rebound from the decline we saw in the previous month. It slightly exceeded what economists broadcast. You know we have been talking quite a bit about where inflation is in the market here in the u. S. And japan. Really there is no difference in south korea though they may be in a little better shape. It is perplexing. Because things are low, they are bound to go up. I a magic the Commodity Markets will kick in. The commodity market will kick in. Fact that an expected tightening from the fed and others is a key risk to watch and 2018. Betty certainly we are watching the markets here today in the u. S. Lets quickly pull up where we ended up and u. S. Markets today. 1 5 of 1 . Er by the nasdaq also higher. Pretty much green across the screen. A lot of people are not taking on any hug
Rippling spotify revealing plans for new listening options, for radio and podcast. Yvonne it is a showdown in the podcasting world. Also a showdown in washington. We are going to be getting the vote. Essentially we heard earlier today that the senate does not have enough votes to pass a continuing resolution. Looks like we are closer to a Government Shutdown. I want to pull up this chart, which raises another issue. It i separates, but related to this continuing resolution vote. Issue, which is the debt ceiling. That deadline is coming up. It is a bit of a moving target. Expectations are we are going to hit that debt ceiling and need to lift it in march. That is being reflected in treasury markets, where traders tbillsing shortterm due in march. Yvonne its interesting you up, because there is difference between a shutdown anticrisis. We are only talking about there is a difference between a shutdown and a crisis. It could be limited depending how long a shutdown lasts. Some nerves in t