At 1. 08. The unstoppable market as investors digest the details of that china trade deal. Stocks ready to open on new records. Southwest is pulling the boeing 737 max until june. Airlines are digging in for more delays. And shares of Morgan Stanley before the bell. They posted record profit and revenue in 2019. Stocks looking to make more history a day after the dow closes above 29k for the first time and the president signs that phase one deal with china the s p on its way to the seventh weekly gain in eighth. Total holiday, exauto and gas up 44. Names like target might have been an execution issue. Yeah, i have to say that. I just dont find any other excuse i do think that Brian Cornell pretty much said, listen, we screwed up other people, other stores kid better that aggregate number is so much stronger than anything you saw from target. I have to believe they went to walmart, best buy or costco but they sure didnt go to target. Were going to get more earnings as we shift from the
That statement. Iranian leaders, they have made statements. They have largely avoided the bellicose language we have seen in the past. Overnight, leader ali khamenei says it was a slap in the face to america. They say they do not seek escalation or war. Obvious question this morning, was the attack deliberately proportionate, a oneoff that makes a point but doesnt risk a devastating american response . Can the iranians risk taking action that results in allout war . Their economy is collapsing. They are out of cash. What will the president say this morning and how will he say it . Escalation . A threatening tone . We will find out soon. Now look at this. Yet again, the market is largely shrugging off an attack in the middle east, in the middle of the oil patch, no less. When the news broke, futures showed a near 400point drop but look at it now. Down maybe 20 for the dow and all of that loss accounted for by just two dow stocks which we will mention momentarily. The s p is going to go
Need and it is energy and tesla, paypal, square a lot to talk about. Your traders are not here. But i still know who they are. And the top story has been Energy Following the killing of the iran general on friday and the last couple sessions, the loss has been wiped out because the world is still awash andoff supplied in the price of oil. Weve been speaking to the biggest names about what is going on and why we did not see a bigger spike weve chatted with ceos of chevron, patterson gti, marathon oil, their first interview in more than five years and pioneer will be airing on Worldwide Exchange tomorrow. Lets talk about oil and gas as well speaking of chevron, that stock fell along with oil. Not just because crude oil fell, but because bank of america and Merrill Lynch downgrading to an underperform so guy, are you surprised at like the question we asked every ceo here that the price of oil has not spiked higher given what happened on friday enjoy yourself down there, thanks for invitin
Is expected to reach 44 degrees. Tony blair says labours performance at the election has its incredible. Brought shame on the party and when ade went full and let the country down. Throttle in dubai. Oh, yes mr blair the only labour leader to have won a general election so do join us then. In the last 45 years attacked the current leadership for going into the campaign with a strategy for defeat. His damning words came as Emily Thornberry became the first mp to publicly declare herself as a leadership candidate. Heres our political and in the meantime, from all of us editor laura kuenssberg. Here at the travel show, we wish you a very happy festive this is what losing looks like. Season and, until next time, its goodbye. Labour fell away in leigh. Its not yourfault, you know that. I know. A seat theyve held for nearly a century. Seats like it fell like dominoes, more than four years afterJeremy Corbyn took over labour. The only man born within a century to win an election for the labou
Single figures for many. Frosty and foggy start to wednesday but through the day, many northern eastern area and stay dry and sunny but it will stay wet and windy it was the west. The temperatures are starting to rise at that bit even though eastern areas are still around three or 4 degrees. But wetter weather will put its way north was becoming more extensive through 38 and friday and we will see strengthening winds across the board too. Through thursday and friday. Hello, this is bbc news with martine croxall. The headlines the labour leadership says sorry over the heavy defeat in the general election. Jeremy corbyn wants the process of deciding how to elect a new leader to begin swiftly so his successor can be in place by the end of march. Nicola sturgeon renews her call for a second referendum on scottish independence, saying the people of scotland mustnt be kept in the union against their will. A british man has been killed and his step son wounded after being shot during a suspec