Nest nestle im morgan brennan. That news on boeing is shaving about 100 points off the dow concerns about the china coronavirus are frustrating emerging markets Software Stocks did help the nasdaq hit an intraday all time high earlier joining us for the hour is steve weiss. Great to have you. We certainly have seen major averages take a leg lower between this first confirmed case of the coronavirus here in the u. S. And then this news from boeing pushing out its forecast for return to service to the summer you still invested in boeing so i said on the halftime report, i think thursday, i told just about a tag into my position that morning then the news hit later in the day. Now we get a statement i was looking at it this morning. You hate to be reminded youre losing money i figure if the stock, when the max goes back stock maybe misses on the first 10 but i wont have to deal with that and losing capital heres the statement from the company. Ill read the first few words. As we have emph
Sectors, however, employment was steady to rising in most other sectors. And throughout the nation, labor markets are set to remain tight. And widespread labor shortages were actually reported wage growth, however, something that weve talked about for a long time was modest to moderate home sales front, moderate variation. Now, prices rose at a moderate pace however, some businesses were indeed passing along tariff increases to consumers and i want to take you through a few of the regional comments which we got which in many cases represent an aboutface from the prior beige book in new york, sectors plan to raise their sale prices in 2020. And it rose significantly and they anticipate higher prices among manufacturers. One last thing here, in cleveland, retailers said tariffs put upward pressures on costs. So we have these districts around the country reporting that these tariffs are still working their way through the economy. It could potentially put some upward pressure on inflation
The uk government is being urged today to address Border Delays by the manufacturers association, make uk. Customs paperwork and checks introduced since brexit are leading to some disruption of imports and exports, according to their research out today, with produce going to waste because of delays. Make uk found 61 of businesses are facing supply Chain Disruption either importing or exporting to and from the eu, and nearly a third are having their Supply Chains impacted in both directions. Companies are also struggling to prove the uk origin of their goods in order to qualify for zero tariff access. Ben fletcher is director of policy and engagement at make uk. We were warned there would be weeks of difficulty, Teething Troubles, et cetera, is this not what it is . I troubles, et cetera, is this not what it is . Troubles, et cetera, is this not what it is . I think one of the critical not what it is . I think one of the Critical Issues not what it is . I think one of the Critical Issue
Died at the age of 85, just one year after retiring from nearly 50 years of bringing big bird and oscar the grouch to life. Those are some of our top stories on this monday, december 9th. Good morning, everyone. Great to have toni in from espn. Hey we do begin this half hour with democrats wasting no time setting the stage to unveil articles of impeachment against President Trump this week. Another public hearing is getting under way today to lay out the case for removing the president from office. The president is crying foul tweeting quote no president in American History has been treated like this. Abcs david wright has more. Reporter on the eve of historic impeachment hearings, congress has been burning the midnight oil. We have to act now, you cant wait for the next election because hes trying to interfere with the next election. Reporter the House Judiciary Committee is now charged with drafting specific grounds to remove President Trump. The president leaves us no choice. Report
Its going to be a very big week for politics and money. Today, another impeachment hearing is being gavelled to order right now. Theres talk of an Impeachment Vote by the end of the week. Also today, the Inspector Generals report on what the fbi and doj were up to around the 2016 election. Wednesday, the Federal Reserve holds forth on Interest Rates. After that jobs report, very few expect rate cuts. Thursday, britains general election. Boris johnson, thats britains donald trump, expected to beat socialist jeremy corbyn. And by sunday, we should find out if more tariffs are going to be imposed on china. Any of those stories could move the market. Then theres peloton. The young woman in the now famous ad has found new life advertising gin. Personally, i think that exercise bike will be one of the holidays biggest sellers. We shall see. Get this. Monday, december 9th. Three weeks to the end of the decade . Varney company is about to begin. Stuart the young lady in that now famous peloton