The nasdaq indicated up by close to 7. 5 points. In asia, you will see the nikkei actually was flat. It was down by 0. 03 hang seng was up bay half percent. The shanghai composite was up by 0. 3 in europe, in the early trading, will you see that right now it looks like things are mostly positive the dax is up by 0. 3 . The ftse up by 0. 6 . A couple big stories uber saying its ceo will head to london to meet with the transportation commissioner of london they will discuss londons decision to strip uber of its operating license. This coming 24 hours after theresa may called londons decision disproportionate. So uber may be back in business in london. Joe mentioned this earlier, big deal in my world ikea announcing its buying taskrabbit, it leets users to hire people to taskrabbit . I know this only because andrew has been into the idea of getting people do stuff for him do you like farming things out. Having underlings do your stuff. I see that here. When if possible. Kates not here tod
Inadequate on almost every level. Senator mark warner blasts twitter for presentation as big tech faces mounting political pressure. More details as the battle lines on the details of the plan are drawn. The president will speak about taxes live later on this morning. Markets continueto make history. The s p posted record close on thursday heading into the final session. The dow and s p on track for eighth consecutive positive quarter. Nasdaq going for five straight. It is edging out with a gain in q 3. Jim, we made it through almost september. Whats extraordinary, i have been going through the charts because i love the charts. Things were bouncing around fairly positively. Then we got to the month of september. We have had moves on a lot of stocks. They came in in august. Its a truck parts company. There were so many doubles of industrial companies, smaller cap companies, Tech Companies, drug companies. When you see these moves you keep thinking this has got to be the greatest bull ma
Warm wul come to Worldwide Exchange on cnbc update on the market picture this morning we had gapes last week, the seventh straight week of gains for the s p and the dow. The nasdaq led the week for returns up 1 , s p less than that, the dow up more like half a percent. The nasdaq needed a 2 gain on friday to take it into positive territory for the week for the whole and some of the tech earnings we discussed late last week the main driver, the alphabet, google, microsoft, for example. This morning we are mixed to low. The nasdaq holding on to slight gains but the dow down 32 points we did see yields rise above 2. 4 middle of the week, we were pushing close to 2. 5 2. 44 was the level we hit. We did come back by the end of the week and were just above that 2. 4 level this morning looking at asian equities, the nikkei having another stellar performance last week, up 2. 6 as you can see didnt quite go into the red today but still had a fantastic run of late 22,000 the level there. Hong ko
Weve seen since the election. The nasdaq is indicated up by 8. 5 points. Well talk to the nasdaqs ceo later this morning. Look at what happened overnight in asia. The nikkei was up by 1. 1 . Markets in china also closed higher with the hang seng up by a half percentage point. In europe this morning, in the early trading thats taking place, you can see things are relatively flat. Across the board. The ftse, the cac, and the dax all sitting within points of where they closed yet. Its been a big couple of days for markets there. Pepsico just out with earnings. The number is a core earnings of 94 cents a share. That Beat Estimates by two cents. Revenue also coming in a little above expectations. Talking about what happened with this quarter, she said they achieved solid Revenue Growth in the First Quarter, underpinned by global volume growth. Despite what she calls a challenging food and Beverage Industry thats been trading conditions in north america and continued volatility in developing
Seize this opportunity by leading the most significant tax reform legislation since 1986. The president proposes massive tax cuts. It will blow up the deficit and debt, probably 7 trillion according to some estimates. Great plan. Were going to put people back to work. The status of health care today, the Freedom Caucus saying they are signing on to this latest version. Were hopeful that there may be a vote soon. We dont want to put an artificial deadline on this, brett. We learned that a few weeks ago. This was a very clear, sober and serious briefing. Senators gathered on white house grounds for an unprecedented classified briefing on north korea. I did not see any new information. It felt more like a dog and pony show to me than anything else. Fox news channel anchor joined a Racial Discrimination lawsuit against the company. This hurts. This hurts. United airlines announcing new guidelines following the controversy of a passenger being dragged off one of its planes. A strong storm s