Billion on amazon during the lockdown. The stock is up 169 per share. Facebook, another pandemic winner. 2. 4 billion people used facebook or one of its apps every day. That is global clout. The stock is up 16. Now, google, that is the exception to the stock price rally. They reported a firstever decline in quarterly revenue with the economy lockdown, advertisers slowed their spending. That stock is down 16 bucks. Overall, stocks are going up this morning. I see green for the dow, green for the s p and especially a lot of green for the nasdaq, up 111 points. No deal on stimulus. Democrats and republicans negotiated last night. Neither side emerged optimistic. Politico reports that offers were exchanged. The white house wants a fourmonth extension of jobless benefits. The democrats want much longer. Perhaps a deal is still possible. Here comes the hurricane. Look at that cone. Probably not going to be a good beach weather up and down the eastern seaboard this weekend. What does that do
Within reach stocks set for a higher open bullard still sounding the alarm for the economy and manufacturing. Apples moment of truth, the iphone 11 hits stores globally will it move the needle for investors . And washington versus big tech, Mark Zuckerberg meeting face to face with some of his harshest critics on capitol hill, including a surprise trip to the white house s p is aiming for a fourth straight day of gains as we wrap up the week. Volatility could be in the mix, given it is quad witching friday you got two fed president s making the case, rosengren thinks the fed should have held steady, bullard pushed for 50 basis points well see what clarida tells sara eisen in an hour. When you look at what u. S. Steel said yesterday, i know u. S. Steel isnt a big market cap what it said about the economy and steel case, very good, versus Herman Miller very good, Big Industrial just not doing well i think that it depends upon who you look at, like, i think bullard looks at everything. I
Rates because they have already accounted for trade. Id weve taken caracalla weve taken care of that, i didnt have to worry about every up and down in trade negotiations. The nature of the war is that you have titfortat going on all the time. It is not reasonable for Monetary Policy to respond to all of these threats and counter threats. Weve already taken that into account. Trade regime uncertainty is high , and we are putting that into the Monetary Policy calculus. Alix then you have a three month tenure curve that doesnt want to listen threemonth10 year curve that doesnt want to listen. David i dont think markets believe him. Alix it is an extraordinary day shaking out. Equities continue to climb. We are seeing some followthrough buying, watching some moving averages. In asset classes, it is a really unbelievable day. Money flooding into all bonds. Europe. Ves over in almost 60 basis points in the tenure german bund yield. Amazing actions by Central Banks across the world, new zeala
Sue herera. And im Bill Griffeth in for tyler mathisen. Welcome aboard. Thank you. Here on wall street today, the s p 500 and the nasdaq closed at records on this shortened holiday trading session. But we begin tonight with retail which helped push those indexes to new highs, as investors bet on a strong start to the holiday a critica period for that industry. Lines were long at some stores on this black friday. Early estimates say shoppers could spend more than ever before. And Retail Executives are hoping that that turns out to be the case, especially since unemployment is black friday was very strong online as well as the traffic that came into our stores last night and that are here today in our stores. So a good start to the whole black friday shopping season. Our margins at brookstone are up. The inventory is cleaner. The inventory arrived later this year, on purpose. And so now we have to come through. We have 2,500 people waiting at the front door this morning. Early indication
[inaudible conversations] good morning welcome to the january 2018 of the fcc secretariats is an empty agenda. Good morning chairman. For todays meeting you will hear six items under consideration. First you will receive a preliminary report Public Safety and Security Bureau on its investigation into the false Emergency Alert in hawaii january 13, 2018. Consider a second report order to enhance effectiveness of wireless Emergency Alert including the geographic access. And considering order with the remaining issues raised from the commissions orders to connect america to auction 903 and compete to receive 1. 98 billion for voice and Broadband Service in highcost areas. With the Public Notice to the connect america find. And not commit to offer Voice Services to those fixed locations in those highcost areas. And order to establish economics and analytics notice of proposed rulemaking to eliminate the requirement with those that submit paper copies of contracts and other documents to the