Miss the mark. Joining us for the hour, stephanie link from nuvine what do you think is driving the action right now, if the calendar is so devoid of data points so much for a slow day today, right . You had boeing you had over the weekend, china, small stimulus, which i dont think got a lot of press, it should have. And the data was okay. Durable goods can be explained away from boeing for the most part new home sales, up 17 year over year i think thats good. Chicago fed at a twoyear high i think theres enough momentum between now and the end of the year to kind of continue to see green days maybe we tail off a little bit at the end of the year, but i think well continue to see green days into the end of the year were on a nice streak so far. Lets dive into the biggest story of the year, that is boeing our phil lebeau has the latest on that. Hi again, phil hey, carl Dennis Muilenburg was fired after the board met over the weekend. The decision was made sunday night. And this was not h
Why ray dalio is warning of a coming capital war between United States and china. And taylor shift not shaking it off her feud with two wellknown music executives and she is taking it to new heights Worldwide Exchange starts now. Ive got a feeling well be hearing a lot of taylor swift this morning im dominic chu in for Brian Sullivan this morning friday november 15. Dow up by about 95 points and nasdaq up about 37 we are on pace for the fourth straight positive week for the dow. Yields have come off their highs. 1. 85 for the 10year benchmark wise twoyear 1. 61 we are watching the difference between twoyear and tenyear notes. Lets go worldwide the nikkei up baut 7 and the shanghai off and the kospi seeing a big move there. Hong kong economy has plunged into the first recession in a decade as violent protests paralyze the city. The second straight reading of contraction. We are possibly now, if you look at some measures, in recession in hong kong in european trade, the dax up. 3 and cac
Started arresting protestors ahead of the Third Straight weekend of protests in Hong Kong Shanghai composite finishing the day in red european european equities here we are higher across the board german dax is up by almost 1 and almost 1 gains in france as well as for treasury yields, amazing to think that the ten year yield was at a three year low earlier this weekend 1. 443 were now at 1. 526 with the two year 1. 544 so the inversion remains exact. A new journal piece says that states attorney generals are taking issue with that proposed opioid deal with purdue. It will settle with a 2 billion settlement it will link much of that with future sales of oxycontin. Some states want the family itself to guarantee a larger cash payment up front. Others didnt like parts of the plan that calls for purdue to claim bankruptcy and emerge as a Public Benefit company theyll ask for an update today about where negotiations stand, he said he wants at least 35 states on board although a deal can mo
2945. Stocks in 52, 1 of the broadest surges forward since 2019. This shows you the performance of all three majors on a monthly basis. The end we are watching june are in any major reversal looking at three solid weeks for the s p 500, the nasdaq and the dow jones. May itsee what we saw in is a mirror image of what we saw in may. Blip for this year, behind for investors. In onl lets check back this chart that is hanging on by a thread. Interesting to see what happens. It is the 10year yield. Much of 2018 hanging out around 3 , even higher but the risk off volatility of the Fourth Quarter and investors moving into bonds moving all the way in to the lows here. Right now clinging to 2 at the bottom of the trend channel. You can see in the past highs where the support has been there there has been a backup in rates. 2. 3 orear could be higher. This is confirmed for even deeper below 2 . Right now it looks like there is a chance we could see a backup in rates with the momentum looking to c
Q were relatively flat up slightly, up about 2. 5 points in europe we saw the active trading taking place all of this ahead of the fed meeting starting today the cac is the biggest gainer of the three major averages its up by q . You see gains of a half percent across the board and then if you want to seee1 whats happening in the treasur market here in the United States o0. 042 theres no way bad news is good Morgan Stanley is soenearish yesterday was the mostx boring day i watched ine the markets seeing the bug here and there at thee1 gym or whatever. I would look up. I have to check. E 46 i have to check. Up 46. Is it dog days yet it may be market breaking news. Facebook officially unveiling its cryptocurrency currency plans. Julia boorstin has more on that. Facebook announcing its new Digital Currency called libra. It will make it easy to send money around the world the currency is set to launch the first half of next year. It will be run by a nonprofit in switzerland up like