Transformation which will catch every part of our society and our economy. And we will do it because it is the right thing to do. Investors want their say. Carl icahn turns hostile in its bid for hp and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. I feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u. S. President saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. The stoxx 600 reached a four year high. So very good dumomentum and you can see that there is a green board right behind me. All the majors are trading positive ftse 100 the outperformer up about 30 points. Good performance in the Mining Sector so that is the uk. Xetra dax up about a ten it th t as well. Pointing
Friday, amazon and more. And nothing to prove ford bowing out of a deal with the cyber truck as Worldwide Exchange begins right now good morning and welcome to Worldwide Exchange. Im dominic chu. It is wednesday, november 27, 2019 and one story that you will be talking about today, the astonishing finish to last nights duke and steven f. Austin basketball game, a big congratulations to the lumberjacks. They were i think a 27 point underdog knocking off the top team in the country. Congratulations. Stock futures indicating the dow will open up slightly higher again. It is coming off its 14th record close of the year. The s p seeing its 25th record close year to date stocks are now on pace for their best month since june. As you see here, the dow would open up about 70 points if the futures gains hold ten year note yields still hovering right around the 1. 74 mark you can see here a slight tick higher, 1. 741 the last trade there. Let us go worldwide. In the asian trade overnight w did s
En happy wednesday morning im Lauren Simonetti welcome to fbn amy l. Cheryl its thanksgiving eve. Thanksgiving eve. All right good morning. Lauren good morning. Cheryl Cheryl Casone no food has been made. Lauren money is moving this morning holiday shortened week but look market continues to melt up towards new record highs all three major averages will open in record territory today dow up 37 and 100th record close under President Trump. So many thingses happening in asia and markets are chosely following every twist and turn of u. S. China trade negotiations. Pretty much youve got green across the board xepght for shanghai a little bit of pressure over there overnight. Stocks are trading to the upside as well half of a percent gain in london and in frankfurt. Cheryl we start with breaking news a massive Chemical Plant explosion just happening within last couple of hours this has sent flames shooting through air this is happening near beaumont, texas right now. This doorbell camera fo
More on big market movers. Here is what is new at this hour. Melissa at the white house President Trump set to sign two pieces of legislation following a visit from a very special guest earlier today. We will bring all of the breaking headlines from the president. Plus, the maralago intruder in court just moments ago. Sentencing for the Chinese Business women, convicted of trespassing at President Trumps resort, one day before the president heads to florida for thanksgiving. One entrepreneurs fight to preserve her brand. Meet the Small Business owner who has taken on target. Wow. Ashley that is a big foe, is it not . We have fox Business Team coverage of course. Blake burman at the white house. Jackie deangelis on floor of the new york stock exchange. Edward lawrence following the trade talks from washington. Susan li live in the newsroom. We begin with Edward Lawrence on trade. Edward . Reporter ashley, the chinese announcing within the last 24 hours, new protections for intellectual
And cream, many of those fell flat like uber and slack and then the trade war with china. All the successes and failures keep investors on their toes, joining me too discuss it is stacy cunningham, the president of the new york stock exchange. Thank you for joining us. How is business, give us your take from an inside view of how things are going capital market. It seems like a long time ago we began 2019 and a lot has happened since then. If you look at the First Quarter of 2019, the government was shut down so the ipo market was nonexistent if you like a really long time ago. The First Quarter was then in the Second Quarter was tremendously busy on pace to be a record year despite the fact we were shut in the First Quarter in the Third Quarter we had investors asking questions about evaluation of companies in the private market and how theyre performing in the Public Market so we see in the Fourth Quarter of slowdown and companies in the pipeline but many are reacting to some of the