Course as tensions in the middle east are very high also new chapter for u. S. Cosmetics giant avon its not part of the brazilian personal care group nutura the groups new ceo will join us later this hour. Stocks are extending a selloff, oil and gold prices continue to climb. This is iran and the white house, trade threats following of course the u. S. Air strike that killed irans top commander. Jim, happy new year. Happy new year. Nice to see you, my friend. Good to see you, buddy, way too long i missed you. I know you feel the same but i havent heard you opine on this market and what risk there is in the geopolitics, in the backandforth, our viewers im sure are familiar with the president s tweets over the last lets call it 24 to 48 hours, sort of saying weve identified 52 sites that we would take action against if in fact you do something, and also notifying the congress, he said, as well, if iran should strike any u. S. Person or target wed quickly and fully strike back, perhaps in
Pot belly cfo why the klain lost 6 today we will get to it all let us begin with the Federal Reserve as expected no change in rates in the time meeting of both the year and final meeting of the decade. Come on. Thats all in the past, guy what should we expect in the future the new year, a rate cut, a rate hike, Steve Liesman was there. Asking questions at the press conference and he joins us now with more good evening, steve. Sully, thanks the Federal Reserve ended a momentous year for Monetary Policy by lawmakering what it indicated was a new regime where policy is likely to remain on hold for what could be at least several months the move to neutral follows three successive rate cuts beginning in august and reversal of plans to hike earlier this year now the policy statement the fed called the current stance of policy appropriate feds overnight lending rate standing at a range of 1. 5 to is 1. 75 . Jerome powell saying that could be the case for a while to come. We believe that the c
Analysts expecting massive moves from one stock thats already up 90 this year. Halftime report starts right now. We will co. Good to have you with us janice, chief investment and liz young, director of Market Strategy also with us today. Making news jpmorgans chief equity strategist. We want to begin with stocks at a new record were entering a critical week for money, the busiest yet for earnings, including apple, a fed meeting, which could see another can out in Interest Rates. Shannon, on track for record close, financials on pace for 52week high the question is, is this the breakout weve been waiting for . Get out of that range. I think if its going to happen, it definitely could happen following this week you talk about the fed, if they continue to be exportive, as long as they leave the door open even just a little bit, the equity market will take that as a positive we saw strong earnings out of the big tech names last week like microsoft we could continue to see strength out of a
Things that will be valuable to the pilots its not always the case that more information adds to safety. Though in this case we understand this, this is one of the additions going forward. Brazil thought it added to their safety i want to touch a little bit on senator fisher, the question that she raised earlier. All these changes have taken place, of course over the years. And this plane is still working off its original certification from 1967. This is despite the fact that pilots have told me the max 8 is in no way functionally similar to the original 737s that took to the skies 52 years ago. I said in the last hearing that we had, seems to me like theres been so many significant modifications, its almost as if you took a canoe and turned it into a cruise ship mr. Hamilton, can you tell me how many derivative certificates boeing has received for the 737 since initially being certified over 50 years ago . I senator, i dont have the exact number in my head. Its approximately 14. 14 or
Today. Im at the boeing post, where that stock is rebounding right now. Up 2 . Weve got more on that in the meantime, the rest of the market hovering near alltime highs. Weve got 59 minutes to see if we can eke out a new record. Yeah, but just losing that momentum, morgan, in the last few minutes, now red on the a s p 500. Im wilfred frost. Good afternoon to you. Lets look at whats driving the action some trade pessimism as we got news that phase i of the u. S. Trade deal may not be signed in november, as planned Solid Earnings reports from merck and pfizer helping give the Health Care Sector a boost, but tech has turned lower with disappointing results from alphabet and grubhub, driving the nasdaq lower also to come today in our beyond the bundle series, we will get the details from at t about their new hbo max service and well also speak with one of the disrupters in the mccollum the interview coming up on closing bell. We are just negative for all three of the major indices of cours