We will talk to him about what is ahead for 2020. He is the amazon executive who resigned over what he called vein of toxicity running through company culture. Those stories in a moment but first, tech earnings trickling out today. Abigail doolittle is with us. Abigail there was some action later in the day. Another sleepy day for much of the day for stocks. Record highs for the s p 500 and the nasdaq. News came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. When the headline came out, it read very bearish. Stocks initially took a leg lower. The s p 500 going down three tens of 1 . A decent intraday move. The s p 500 finishing down for the first time in three days. The nasdaq, however, managing to keep a small gain and a record high on the date. Pfizer really slipped, 1. 7 . The barclays bond etf up 8 10 of 1 . Tones of riskoff, uncertainty around the pfizer news. Pretty interesting,
Fourth quarter shipments are up yearoveryear. We will talk to him about what is ahead for 2020. He is the amazon executive who calledd over what he vain toxicity running through company culture. Stories in a moment but first, tech earnings trickling out today. Abigail doolittle is with us. Abigail there was some action later in the day. Another sleepy day for much of the day for stocks. Record highs for the s p 500 and the nasdaq. News came out from pfizer, another headline that pfizer, the doses they will be able to provide for this year expected to be half of what had been anticipated. When the headline came out, it ran very bearish it read very bearish. Stocks initially took a leg lower. The s p 500 going down three tens of 1 . A decent intraday move. The s p 500 finishing down for the first time in three days. The nasdaq, however, managing to keep a small gain and a record high on the date. Pfizer really slipped, 1. 7 . Etf up 8 10 ofnd 1 . Tones of risk off, uncertainty around the
To the upside. Other news coming through about approvals for future houses as well. The asx up 119 points. Thats move along and look at other Asset Classes. Crude trading yesterday with a 33 handle, hasnt had a huge rally since then. Part of that is down to russia and opec looking like they will not be hiking reduction in january. That news helping to propel oil prices up to over 97 in the last six hours or so. ,old remaining where it was just shy of the 1900 level. Thats ahead of the u. S. Election. The u. S. Dollar index marginally down, the Rate Decision coming expecting a 0. 15 cut in the base rate and we do have in anticipation of all that move slightly higher than that, and thats down to a commodity related currency and the crude price helping that along. Lets head over to new york and join karina mitchell. We start with the latest headlines on the pandemic. Starling fell to its weakest in the month, with an economy already reeling from similar measures earlier this year. France
And the markets already have a little bit of a hangover, seeing double vision the day after celebrating the dows historic leap to 30,000. The dow and the s p are down. Dow is down about 193. The s p lower by 7. But the nasdaq is sprinting to a record high. Will we see a record high close for it . We will be watching that and much more in this final hour of trade. Los angeles is exactly ten hours away from officially shutting down all Outdoor Dining for three weeks to try and get ahold of the superspreading of the coronavirus. Now we are getting word that the Companies Ready to move record numbers of your online holiday packages may have to shove those aside temporarily in order to deliver lifesaving covid19 vaccines when they are ready. But thats great news for iheart media whose live concerts precovid attracted hundreds of thousands the arenas around the nation. The stock has nearly tripled from its lockdown lows. The ceo bob pittman is here with the radio giants new secret weapon as
Politics at home and abroad for years to come. The ipo has taken a dramatic turn with jack ma and other executives summoned by regulators. The company ahead of scrutiny. Shery breaking news out of south korea. We are getting the october Consumer Price numbers. Month for month, we are seeing a contraction of 0. 6 , really missing expectations of analysts. Not to mention it is a slow down and Inflation Numbers from the previous month. Not surprising given we had a pickup because of the weather related issues. We had monsoon season. And lowerlf Pressure Energy prices. Growth of prices is only. 1 which is a deceleration from the previous year. Not to mention it is under analysts expectations. Only in october we saw bright about 30 lower on average compared to a year ago so we are getting pressure on both numbers. For now, lets turn to the market. We are seeing u. S. Futures slightly higher online. Lets turn to sophie in hong kong. S p adding about 1 10 of 1 at the start of the session in a