Protesters are being taken away by some of the officials there. We heard Philip Hammond to starting his speech praising mark cerny. We understand they were protesting about Climate Change. Of course its unclear how the protesters managed to be there at such a prestigious event where normally security is pretty tight. Certainly been at those occasions and very close to becoming an out. But it looks as though here the protesters are being taken away by the staff at this occasion. Clearly it seems hes been unable to continue with his speech for the time being. The protesters we re for the time being. The protesters were making quite a bit of noise. And they are being escorted out of the grand it looks as though one of the protesters is still there inside the venue. And making her point very vociferously, others their are being taken outside. Very unusual to have disruption of this sort at such a big annual event which is attended by lots of captains of industry, senior city figures, of co
Last years revenue went through china. Alibaba moves a step closer to a share sale in hong kong. The impending offer could raise as much as 20 billion. Shery lets get you started with a quick check on how markets closed. The s p 500 finishing at the highest level in five weeks. The nasdaq, the highest level in a month. Reversingtors yesterdays office to gain ground in yesterdays session. Most were in the green. They were led higher by Energy Stocks. Take a look at wti. Wti prices gained as much as 4. 5 at one point. Apparent attacks onto tankers on two tankers building up the tension in the persian gulf and leading investors to get worried about supply around oil. And we saw now on crude, jumping 2 in the last two sessions. U. S. Futures at the moment unchanged. Lets see how we are shaping up to the asian markets. Sophie this friday, were facing a mixed session with type and commodity sectors in focus. Get activity data from china later this morning. Investors will be watching to see i
Were about at session highs with the Dow Jones Industrials up about half a percent. The nasdaq composite is the laggard today, down about a quarter of a percent. We do have communications services, the lagging sector, real estate also lower for the session. Energy and utilities leading the way. Investors digest the news out of nvidias conference, 868. They have the new a. I. Chip. Lets just kick this off with even your initial reaction to everything weve heard so far. Jim, ill start with you. Are you surprised that were seeing a little bit of pullback on this news . Was it not as, i dont know, as bangup as the market had hoped to hear . I dont think thats what it is at all. Its had a hell of a rally, 75 year to date, 3x the last 12 months. A little bit of profit taking is warranted. You think to yourself, what sort of rabbit can they pull out of a hat . Im not expecting them to come up with a cure for cancer on that conference that they do. They did what they are supposed to do. They c
Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at least, president minneapolis fed says he doesnt think t
Willis still in. The Special Prosecutors Election Interference Case against donald trump resigning after a judge ruled the appearance of a conflict demand he or his exlover inton county are District Attorney willis must quit. But Georgia State republican bill couser is still investigating willis. Hes here on what hes trying to up cover and so is Texas Democratic congressman if Henry Cuellar. He voted to condemn President Bidens Border Policies and Just Launched a Border Security task force at the as the fdi warns bad actors are illegally something the u. S. Plus, i ask treasury secretary janet yellen why she says the Inflation Trend is improving while the latest numbers actually show its rising. Cavuto live starts now. Edward welcome, everyone. Im Ed Warred Lawrence in for neil if cavuto. Madeleine arely varian that rivera. Reporter now that Special Prosecutor nathan wade has stepped down, fulton County District attorney Fannie Willless can stay on the Election Interference Case agains