At 1. 08. The unstoppable market as investors digest the details of that china trade deal. Stocks ready to open on new records. Southwest is pulling the boeing 737 max until june. Airlines are digging in for more delays. And shares of Morgan Stanley before the bell. They posted record profit and revenue in 2019. Stocks looking to make more history a day after the dow closes above 29k for the first time and the president signs that phase one deal with china the s p on its way to the seventh weekly gain in eighth. Total holiday, exauto and gas up 44. Names like target might have been an execution issue. Yeah, i have to say that. I just dont find any other excuse i do think that Brian Cornell pretty much said, listen, we screwed up other people, other stores kid better that aggregate number is so much stronger than anything you saw from target. I have to believe they went to walmart, best buy or costco but they sure didnt go to target. Were going to get more earnings as we shift from the
Resident trump wayne and yesterday on the protest. Saying this. To the leaders of iran do not kill your Protesters Thousands had already been killed or imprisoned by you and the world is watching. More importantly the usa is watching. Turn your internet back on. Let reporters roam free. Stop the killing of your great iranian people. The u. S. Blaming the attack on iran. No group has claimed responsibility yet. To you first. I just told up this New York Post. The protesters wont trample them. They call it a real enemy. With iran admitting that it downed the ukrainian airliner and this is the response in the streets. A lot of the outrage comes from the beginning that they denied that they have done it. I think the people knew they were being lied too. It reminds me of prior to the fall of the berlin wall. I think this is one that is good to get more and more attention i think the world should be watching and stacked one thing is when the treated adversity. He hes speaking directly to tho
Sick of green arrows. We have a big week coming up. The dow up 40 points right now. Earnings season kicking off of the big banks reporting Fourth Quarter results. Well dig into those numbers. The u. S. And China Signing phase one of the trade deal. That will be on wednesday. The delegation actually just arrived within the last hour in washington. There is still though, a lot of questions about what exactly is in the first phase of the deal . What is the language really look like . One thing we know, the economy, still booming. The trade war didnt have consequences many predicted that it would. Edward lawrence from washington with a live report. Edward. Reporter cheryl, im told after the signing happens, the phase one trade deal will be posted on line, we all get to read exactly whats in it. A lot of questions what could be in it but this has been a long road to get here from tariffs to, threat of possibly recession that could happen. Administration has been able to thread the needle, t
Largest economy in europe for 2019. There are more concerns about the global trade deals than there was yesterday. You can see european stocks pretty much flat. The dollar pretty much a steady. We are getting some data out of germany shortly. We also speak to the dallas fed president , Robert Kaplan at 3 30 p. M. London time. Lets get straight to the bloomberg first word news. Now, u. S. Story for tariffs on china staying put. The Trump Administration is likely to keep them in place until after the president ial election. Any relief is also contingent on compliance. Steven mnuchin and says tariffs wont be removed until the next stage of a trade deal. These tariffs will stay in place until there is a phase two. If the president gets a phase two quickly, he will consider relieving tariffs as part of a phase two. It has nothing to do with the election or anything else. Today, the u. S. And china are scheduled to sign their phase one trade deal. 1 billion is the figure by which jp morgans
Lower yet again. Nasdaq is coming off its first backtoback losses in three weeks. Nasdaq would open lower by 20. Dow down by 50 and the s p by about 5. 5. And the latest s p caseshiller report is out, showing 3. 3 gain in home prices during october compared to one year ago our road map starts with the decade long bull run stocks on track for their best year since 2013. Markets poised for a lower open on this final trading day of 2019 plus, uber and postmates sue california the ride hailing giant and Delivery Firm are trying to block a law that would require them to treat gig workers as employees. The ousted head of Nissan Renault fleeing to lebanon carlos ghosn saying he was escaping what he called a rigged Japanese Justice system. As we head into the final trading session of 2019, the dow up 22 year to date. The s p 500 with a 28. 5 gain and the nasdaq outperforming both indices jumping by almost 35 . Oh what a year its been i guess maybe were going to go out with a little bit of a wh