Scream at the very this morning i was the majority of americans are disapproving of the republican tax cut plan. Futures are higher this morning come expecting a higher opening to the broader averages. Dow industrials that dow industrial set to open 60 points the nasdaq up 26. The s p 500 up a third of a percent. In europe, similar story had a better talent than yesterday. Dax up two thirds of a percent as is the cac and the ft 100 higher by a fraction. Asias dots close mostly higher with the exception of china. Best performer japan. Nikkei average up 1. 5 . Ban hunters under way in baltimore. A Police Officer in Great Condition after being shot in the head. The details as investigators search for a suspect. Consumer rage both at t and google with massive outages. What you need to do to get back up and running this morning. Retail earnings still the focus on wall street. The biggest of the mall, walmart expecting earnings of 97 cents a share. The numbers analysis as soon as they had wa
Reportedly approached 21st century fox to buy all or parts of the company lets get to Julia Boorstin with the very latest. A developing story, julia, what do you know . Reporter the latest is that comcast is in talks not to buy all of fox but certain assets, the entertainment assets it would not include the broadcast network. Likely a similar assortment of assets that disney was interested in, plus sky in the uk and star in india those two International Assets are particularly important comcast, although its cable assets are here in the u. S. , Nbc Universal is obviously more global but this would really allow comcast to position itself more as an international company. We have confirmed with a source that talks are still happening between fox and disney and it would be with a structure similar to what disney was pursuing now we see fox shares up 5. 5 on the news, comcast shares over 1 certainly a lot of movement in this media space right now, melissa. Weve had earnings reports since t
Lets look at what else you talked about, retail. It is black friday. The Holiday Shopping season for 2017 is officially off. Reports are suggesting it is very strong. Macys, kohls, gap seeing gains for all retailers. Reports relative to yesterday, strong as of 5 00 p. M. Yesterday. Spending on a yearoveryear basis of 17 . 1. 52 billionght, has been spent ahead of black friday even starting. A very solid start for the Holiday Shopping season. Some are saying the best in three years. Now taking into the weekly moves, lets look at a chart in the bloomberg. 5917. Are we are looking at the weekly moves to the major averages, and an orange the russell 2000. We had a long stretch of weekly gains for the dow and the s p 500, eight in a row. Russell 2000, smallcap index and awards have been down a little bit. Thinly actually have the major averages down on a weekly basis for two weeks in a row. The dow and s p 500, the first time that happened since august. We have a tech heavy nasdaq up. Highe
Devastating. Two politics for the president stole the stage at the u. N. General assembly warning north korea, you provoke us or our allies, we will destroy you. General jack keane moments away on that. Despite all those headlines as we say the market in record yet again. More alltime highs expected just a halfhour from now as investors wait for janet yellen this afternoon. Also waiting for word on Health Reform. The gop we are told one or two votes short of getting it done. Three top senators will be joining us over the next three hours. The day for politics. Varney company has got it covered and its about to begin. We are now getting our images of Hurricane Maria headon. As you can see from the map on the right and what is happening on the ground on the left. We spoke to the d. C. Office of the governor of puerto rico and they say, quote, the situation on the ground is catastrophic. Communications extremely difficult. They dont know what condition the infrastructure or communications
New details. She is life at the port of oakland. The coast guard is investigating. Reporter we are a short distance from the bay bridge toll plaza. It is dark behind me. There is a cargo ship by those cranes. Those containers a felon from that vessel. The mall maximum a japanese shipping line. Documented area called middle harbor. The coast guard received a report thursday afternoon that 11 containers had fallen off the cargo ship. The coast guard said it sent an investigative team. A spokesman for the port of oakland said there was no contamination in the bay. All the containers were empty. There were no injuries from the incident. And of there were no leaks spills or contamination reported. Reporter the shipping company was able to quickly secure some of the containers. From the air was all to latch to the doctor. A third secure in a separate location. A fourth was on the dock. Five or six of the metal containers sank. Divers will be called in beginning tomorrow morning. And to salva