Nejra we end the week with a risk on tone. A mixed picture across asian equity. Green on the scene for the msci asiapacific index. Back to business for the s p 500. We hit a record yesterday. We will see more risk on today. The 10 year yield edging up a basis point. The yen is actually heading for its worst week since july 2018. Another twoweek low right now. For the First Time Since 28 team. Brent heading for a weekly loss as well despite the spike on the geopolitical tensions. Belowing the same, back 60 a barrel. Justin trudeau saying the ukrainian jet was likely shot down by a ukrainian missile. He says it may or may not have been an accident. The head of irans aviation the theoryalls plausible. Trudeau is blessing for an indepth investigation of the crash. We have intelligence from multiple sources including our allies and own intelligence. The evidence indicates that the plane was shot down by an iranian surfacetoair missile. This may well have been unintentional. Nejra european F
Excited. All right. Hi, everybody and good evening thanks for joining us on a busy thursday all that ahead but we have to start with the top story because 2020 is looking like 2019 mor new records. The s p dow and nasdaq all posting alltime highs but there are a couple of big events that could change things up in the coming days beginning with the big jobs number tomorrow the expected signing of the phase 1 trade deal next week now iran has calmed but not gone and everyone seems to be, guy, wondering about the fed. How should investors be getting ready for this the macrosetup with the market that just cant be held down. Ive said it for a while, i definitely made this more complicated than it has to be. Its interesting, the knock against bitcoin its created the out of thin air. Thats exactly with the Federal Reserve has been doing since september. Creating liquidity out of thin air and thats justing the market north of 400 billion over the last three and a half months by april the Balan
The final techs, and the Trump Administration places new sanctions on iran putting the middle east back in the headlines. Were down 90 appoints or so down about ten basis points. Joining us for the shore is dan nathan from risk reversal advisers wassail pullback warranted when you think about how we closed the year out, the fact that were kind of up a percent, the s p 500, a couple in the nasdaq more of the same, similar outperformance that we saw, tech stocks in particular the market is digesting a bit. A lot of news, volatility. 29,000, of course, where were below that level we did have three record closes, with the ten basis points of declines 58 1 2 minutes left. The dow hitting 29k earlier in the session. Were on watch to see if it makes it above that level. Bob pisani Steve Liesman is wrapping up the jobs report, and sean darby from jeffries is here with his outlook. Two strong updates. Valuations are very my s p 500, of course a new high. Earlier today, i just want to point out
Your wealth. We live in a world where it is difficult to become rich if you werent born that way. And love it or hate it, i believe that the stock market is the best ladder we have in this country for social mobility. There are millions upon millions of people in the country but there arent that many jobs that pay you a salary fat enough to actually make you rich even if youre a total cheapskate and if you want to become wealthy in this country unless youre born with a silver spoon in your mouth that means planning your Financial Strategy for a lifetime even if you dont have a super high paying job, as long as you could save a chunk and invest widely, you could become if not fifthy rich, then at least financially independent. Meaning you dont need to worry about job security or where your next paycheck is coming from and retire easily without the need to rely on Social Security which might not be around when some of the younger viewers hit retirement age that is why tonight, tonight i
One luxury auto make is soaring. Robots and the latest in meats, the latest from ces 2020 as Worldwide Exchange begins right now. Good morning welcome to the show. Im dominic chu in for Brian Sullivan we begin this morning with wall streets massive 200point turn around this time lapse is crazy to watch. That huge turn around midday stock futures looking to add to the gains as investors put that middle east tension in the Rearview Mirror for now. The bond market showing signs of life 10year note about 1. 814 . Twoyear as well in the asia trade, can you see generally green screen all across the board there the nikkei in japan. Over half percent gains out in main land china. The spin of the globe now. We are seeing that green carry over in trading. The cac in france up the ftse up and the german dax up almost one full percent as well going to rahel with more this morning. American airlines has reached a settlement with boeing over the grounding of the 737 max it will receive compensation