Important challenge we have got in our lifetimes. It is always going to be the most important challenge. If we do not get this right, we have got nothing. It is education and it is climate. I have [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] [captions Copyright National cable satellite corp. 2024] we will break away at this pointer for live coverage of the u. S. House. Lawmakers are considering a handful of bills today, including one that doubles u. S. Customs area of operation in coastal waters. Live coverage of the u. S. House is here on cspan. The clerk h. R. 53433, a bill to amend the Small Business investment act of 1958, to exclude from the limit on leverage certain amounts invested in Smaller Enterprises located in rural or lowincome areas and Small Businesses and Critical Technology areas and for other purposes. The speaker pro tempore pursuan t to the rule, the gentleman from texas, mr
From new york, i am alix steel with guy johnson. I should point out that bank of america ceo says it is hard to see a recession because of stronger Consumer Spending. I wonder if we will see any of that from the fed today. It will probably have to change something about next year. I do not think alix steel is all in on the fed today. I do not think she is excited. I think she is struggling with finding her mojo. If you wrap the back end of the week together, it looks like a coin toss. The boj may not be an event. There are things to be excited about, alix steel. I was literally digging. What can i start with the show with because i really want to get through today. He called me out and it is a true fact. We will find a way to make it exciting. I think there will be some nuggets to be discovered. Is powell going to deliver the smooth performance that he has up until now . They would try to find that last little gem that will set us up for something interesting, come tomorrow morning. We
The top stories this hour, markets lower across major make decisions across the g20, oil added to inflation risk, with chevrons ceo telling us 100 is on the way. The pboc, see improved conditions in a rare beat for banks and companies, and instacart cuts its ipo, ranging up at 606 2 Million Dollars on its fifth marquee listing anyway. U. S. Futures pointing high in an early going, after an absolutely lackluster day in the United States with fractional moves to the downside for the most part for major indexes. Really, stocks and investors waiting for the fomc decision on wednesday, the summary of Economic Projections and what comes after that, 36 hours of Central Banks meetings around the world. Kicked off by the Federal Reserve. Now a bear market all the way, bonds maturing at 2050 trading below . 50 on the dollar today, says bit about the debt ceiling but also the bond market in general. It looks as if when we look at bond futures that we might get a tiny bit of relief tomorrow but we
Opec meeting, psych cyber monday today. The benchmark yield around 2. 33. Our road map begins with the holiday return of the consumer black friday sales topped 5 billion. Cyber monday expected to set online records. Retailers are in the spotlight. Futures flat ahead of the first full trading day ahead of thanksgiving. And the Koch Brothers making a big bet on magazines, backing a meredith bid to buy time inc. Adob bee analysts expects consumers to spend 6. 6 billion this cyber monday. That would be up more than 16 from a year ago and bigger number than the 5 billion adobe says was spent online on friday. We talked about colder weather, and lean er inconvenienventorie reports that in store traffic was down maybe a percent, maybe a little more, but not dramatically. Thats a good test of exactly how low expectations had been for basically physical scores. They dont look like they will broadly give back the pop they had on friday. So many things working in the background in favor of having
We have seen swings in stocks today. At one point, all major averages were a little changed to slightly negative and an they are right now. Theyre gone back to little change. Bouncing around as investors consider and weigh not just the various earnings reports already out but, as scarlet alluded to, those to come. You look at the best performing stocks in the s p 500, most of them are earnings related or at least related to earnings in some way. In other words, even ebay, which is we have been talking about in itss pulling back paypal. Ship with at the same time, it says gross merchandise volume went up 10 . This has been a goal of the companys ceo to get back to doubledigit volume growth. They achieved that. Corvo is also rising. It won a contract from apple to get a key chip to connect its phones to the internet. Skywards is getting another supplier. I dekes laboratories coming out xx laboratories coming out above estimates. The worst percentage performers and the s p include tractor