Negotiations with china. Mixed Economic Data as Consumer Confidence falls, but Housing Market remains mostly steady and disney rallying on two positive notes, which has helped them propel the dow higher. We are on record high watch once again for the major indices. Joining us for the hour, Barbara Duran from bd8 capital partners. Barbara, how do you feel as we sit at these record highs. Can we hold this momentum through the rest of the year i actually think we can normally, ive been very skeptical. I really thought we would just be in a trading range and unlikely to see new highs. But i think weve got one or two new highs left and its not just optimism over the china trade partially being resolved i think its also, unlike last year where people were rushing for the exits, i think this year, theyre rushing to get in, because youve got the performance issue. The market is up so strongly and i would suspect most active managers are underperforming here barbara is with us for the full firs
Economists do most dont showing you where things are standing now three and a half hours before the opening bell. Looking at a dow that would open just about 11 points higher and nasdaq looks like it would open down going to china quick but showing you treasury yields. The 10year note at 1. 766. Joe mentioned, breaking overnight, the operatest rate of china slowing to the slowest pace in 30 years that may explain some is of what we are seeing here eunice un is now in beijing where tim cook is. Thats right. First getting to the numbers i think you can compare that policymakers will unveil more soon Third Quarter numbers missed coming in at 6 . That is because of the demand overseas and at home the september numbers rebounded. Most said those are something you usually see. They are more concerned about sluggish demand weighing on the out look of the economy. The more optimistic bureau saying china faced a big downward pressure. Planning to front load some local government bonds those wil
Capitol one arena. Before that, we have howie d. In studio. A very good friday to you. Good morning, and welcome to news 4 midday. Im erica gonzalez, today we are welcoming julie to the news 4 team. Were happy to have you back ime. Happy to be back, just like back streets back. Spent a few years at our sister station in new york. S. Were happy to have you, breaking new weve learned another shakeup in the trump administration, President Trump announcing alex asta is resigning. The two appeared together at the white house this morning, acosta ifyou remember, played a role in theen seng of epstein. He oversaw the agreement in 2008 that allowed epstein a toid federal charges. Another issue on President Trumps plate right now, immigration. After daysf hinting he would use an executive action tn insert a question about t citizenship, president is now backing off. Instead, hes ordering federal agencies to use already existing information to gather that data. Sarah dallehas more. Reporter Pres
At at t, we believe in access. The opportunity for everyone to explore a digital world. Connecting with the things that matter most. And because nothing keeps us more connected than the internet, weve created access from at t. California households with at least one resident who receives snap or ssi benefits may qualify for Home Internet at a discounted rate of 10 a month. No commitment, deposit, or installation fee. Visit att. Com accessnow to learn more. Now to our top stories. The bay areas and low temperatures soared again today prompting people to turn on their airconditioners. Pg e has issued a flex alert asking for 2 conserved due to high demand. Scattered outages again today and most of them are in the east bay. Expecting 2 expecting to peek again wednesday. Mother of those 2 children killed over the weekend had just gotten a child custody agreement in the days for the killing on sunday. The mother says she called police five times in less than 48 hours to report disputes with
The hawkeyes sit at number four in the College Football playoff rankings. If they win today, and win the big ten championship game next week against ohio state, theyre a shoein for the National Championship playoff. And cbs 2 news is giving you a chance to see the hawks in the big ten championship in indianapolis. Enter our gridiron getaway contest on our website or facebook page. The winner gets two free tickets, a hotel stay and a 100dollar gas card. Were accpeting entries until sunday. Black friday shopping continues this day after thanksgiving. Thanksgiving. Right now were taking a live look at Coral Ridge Mall in coralville. Staff at best buy in cedar rapids say they had a few people camping overnight and a line in front of the door this morning. They say some of the hottest items this year were fourk televisions, drones and tablets. We opened this morning at 8 00. We had a pretty good long line out front, a lot of people coming in for some of the doorbusters that we had going on,