Lower yet again. Nasdaq is coming off its first backtoback losses in three weeks. Nasdaq would open lower by 20. Dow down by 50 and the s p by about 5. 5. And the latest s p caseshiller report is out, showing 3. 3 gain in home prices during october compared to one year ago our road map starts with the decade long bull run stocks on track for their best year since 2013. Markets poised for a lower open on this final trading day of 2019 plus, uber and postmates sue california the ride hailing giant and Delivery Firm are trying to block a law that would require them to treat gig workers as employees. The ousted head of Nissan Renault fleeing to lebanon carlos ghosn saying he was escaping what he called a rigged Japanese Justice system. As we head into the final trading session of 2019, the dow up 22 year to date. The s p 500 with a 28. 5 gain and the nasdaq outperforming both indices jumping by almost 35 . Oh what a year its been i guess maybe were going to go out with a little bit of a wh
Countries follow suit. Last push for votes. Myanmars leader, Aung San Suu Kyi, has rejected claims of genocide against her country at the Un International court ofjustice. Our digital elections reporter Recovery Efforts on new joe tidyjoins me now zealands white island volcano are on hold as seismic hes been looking at how digital activity activity suggests and social media platforms it may erupt again. Are being used during the campaign. The bodies of eight people have yet to be recovered. What s doing well at the moment . And, at the Climate Summit in madrid, Greta Thunberg has called on rich countries to reduce their Carbon Emissions and to help poorer you have probably seen the video countries follow suit. Yourself, it has been changing all morning on and off twitter and shared widely on facebook. The moment when Boris Johnson shared widely on facebook. The moment when borisjohnson was confronted by a reporter this good morning, welcome morning, it did not quite go to to bbc newsro
Of mismanaging funds. Coming up on afternoon sport now on afternoon live with Chetan Pathak live, all the sport. Its been a good week so far for the english clubs coming up on the sport, tottenham in the Champions League, and tonight spurs will be looking and Manchester City may have already to avenge that heavy defeat to Bayern Munich earlier qualified for the last 16 of the in the competition. Champions league, but they both have tricky away games tonight as they lverpool and chelsea secured their places in mondays look to end the group stages with a draw for the knockout stages of the Champions League. Nothing to worry about for spurs, they are already into the last 16. Win. Theyll finish runners up in their group whatever happens, and matt taylor Bayern Munich have already won it. Has all the weather. Their biggest result was the 7 2 at tottenham. It was the heaviest defeat of mauricio pochetinnos also coming up, would you eat managerial career. A chocolate bar if you knew you had
Room to run. As a result, youve also seen pressure on treasury yields. Take a look at see what is happening with the treasury market some pressure on treasury prices the 10year sitting almost at 1. 891 yields, we watch them kind of skyrocket last friday after that jobs report was stronger than expected they came back down after they made it sound like the fed will not be moving anytime soon with this additional news making this happen. Going with every trade nuance up or down goes down, if it looks like the yields go down, if it looks like there is not a deal. We recover globally from the trade war. The two things of the fed and the economy. If the fed is on hold, the rates dont go up. If the economy are off to the races again. It is a thankless job people at home they see the screen from far away they zoom in, and take it for granted. They think we are just changing the appiture there is a guy. Hes running. He went running by, which startled me for a second, it was worth it, kyle you
Sevenweek win streak and tech is the secondworst performer in the s p. Joining us for the hour, Barbara Duran from bda capital is here at post 9, talking more about a market that happens to be happy as long as trade tensions are not escalated, pretty much right . That is for sure. And i think a lot is being discounted in the market in terms of global recovery, the fed is on hold, but watching careful. And we have yet to see the effect of the Interest Rates next year. But trade, i think, its what people are expecting is that therell be no more bad news i think hoping for something more, like a rollback of tariffs would be a bit much. This seems to have morphed into a geopolitical technological fliskt i think the downside is limited also for those same reasons, plus people are defensively postured and so on but i think what its going to take is next year, having to see what the earnings are going to be and thats a possibility is the market even considering that possibility is that priced