The leaders of asias two biggest economies are in washington, though unlikely to meet oneonone. Obvious says his door is always open. Follow me rishaadtv and include trendingbusiness. China markets underway in 30 minutes. Quarter. Of the haidi we are ending on a strong note. The best monthly gain since 2009. Still on that extended tear from said, buildingen on 2016 highs. That sentiment seeping through to the early Asian Session. A few strong sessions of gains for south korean stocks. Singapore lower on account of the drop in oil prices, u. S. Inventory continues to build. That, some of these energy names, particularly those listed in sydney, rushing off that the klein. Origin energy, up by 5. 5 . That despite the plunge and oil. Japanese stocks seeing gains, up by. 5 for the nikkei 225, despite relative strength of the yen. The dollar continues to weekend. Take a look at the movers corporate news, banks in the spotlight as earnings come through. This is what is happening in the ta pum
3 3 3 president obama goes to omaha and Baton Rouge Louisiana today. After talking about his president ial achievements and being optimitistic for the future in his state of the Union Address last night. While a lot of democrats said the speech was inspirational. As c b s news correspondent we juh weijia jang jiang shows us. Some republicans criticized the speech didnt really mention the issues. 3 chyrons washington, dcgov. Nikki haley R South Carolina weijia jiang cbs news, washingtonsen. Ted cruz republican president ial candidate pkg nat soti stand here as confident as i have ever been that the state of our union is strong. In his seventh and final state of the Union Address, president obama aimed to set his legacy and focus on the future obama sot the future we want opportunity and security for our families. but it will only happen if we Work Together. it will only the president spoke less about policy and more on changing washingtonadmitting he failed to bring the parties together
For live local news right now. With Emmy Award Winner john huck. Christine maddela. And weather 24 7 with chief meteoroligist ted pretty. This is fox5 news at 5 30. Local las vegas. Thanks for joining us for your only local news at 5 30. Date with the latest local headlines. A nevada judge the States School passed by the Legislature Last a carson city judge says it would take money schools and divert it to private schools. To parents and has more on the decision. The School Choice program wouldve fivethousand student for education costs. And four thousand families were set to start collecting that money in february. Carson city judge would take money from public schools. School choice is also facing clark county. From the aclu. That suit maintains because the money to pay schools. Which religious. The because it gives government money to religion. Many of these they do not follow they can discriminate on the sexual they do to that have children that go to private school dont see it lik
Higher. Finally, in china, trade data for november. Record trade surplus there. 54. 5 billion. Just to put that in context, for south korea to put in perhaps south korea and china, thats about do the math. About eight, nine, or 10 months of the trade surplus in south korea. So what they do in 10 months, china does in one. The chinese benchmarks up 1. 5 here. All continuing this world beating rally. Best market across over 90 stock markets. You take that further, and look whats happening in shanghai. Thats whats happening here. Look like everything arguably with the exception of health care stocks. Look at that. 8 . Billion u. S. Dollars was the turnover on friday. Thats roughly the size of the new zealand economy. 1313. So you have the big boys. Hong kong, sidney. Take a look at valuation. The bigger the stocks, the lower the price. Thats where you could find your value there. Again, 60 . About 15 short. That 2000 level. Rally continues. 93. Well see. Well leave it there for now. Back
Consumer discretionary stocks up the most. Utilities the biggest losers. And while individual trading sessions may have been choppy, it was another month of low volatility. The vix remained below 20 for the fourth consecutive month and thats the longest streak since february of 2007. A big part of the market story has obviously been a big topic dominating the sunday talk shows. Tim geithner arguing republicans need make the next move in negotiations. Republicans have said that they dont like those reforms or they would like to do more. And if thats true, then they should tell us what they would like as an alternative. Build on those, tell us how. But we cant react to anything until we see the details of the proposal and we need it on the rates and revenue side as well as on the spending side. Weve given them our best view what makes sense for the country. Meantime john boehner says that his party has a plan and he has already offered dozens of alternatives. You can cap deductions at a