The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
How the sector is shaping up for the condensed Holiday Season, already december 2nd why jack dorsey is planning to spend a big chunk of next year in africa. Well discuss it even if we know nothing about it never stops us no as we enter the first day of trading in december, stocks are looking to maintain the upward momentum following what was the best monthly performance since june the nasdaq was the top performer over the three major indices its november gain was 4. 5 , jim, as we head into 2020, amazingly as that is we have to look at the likes of apple and facebook and the incredible gains and some of the laggards in technology it is hard to imagine amazon is a laggard, it has been performing as has alphabet. I think people should watch jpmorgan and United Health which bottomed at the exact moment when the of senator warren hit its peak i continue to believe like you do, david, it is way too early one thing i would say, there is no reason for jpmorgan to be up where it is, given the
Roku tumbling on a downgrade, wells fargo, deere also getting undercut. The Investment Committee is ready to go, Halftime Report starts right now it is good to have you with us on this monday, our Investment Committee joe chernova, jim lachb that will, Jenny Harrington is the ceo and portfolio manager, rob seechum is back, one of forbes top 100 financial advisories stocks are on pace for the best year since 2013. Tech, small caps also posting their best month since the summer, we enter december with a lot of momentum, derailed for the moment by an ism manufacturing report that throws into question that the industrial economy is bottoming and a headline from wilbur ross that says tariffs will be increased if there is no deal by december 15th. Thank you very little. Yeah, well, we came in position we strong and aggressive for further appreciation, but you have to Pay Attention on a day like today to your point when you get the ism manufacturing, it reverses a lot of the optimism we were
Safety of the 737 max 8 airplane. He appeared before the house transportation committee. Committee on transportation infrastructure becomes order. I ask unanimous consent that the chair be authorized to request resources. Without objection. I also asked the chair and raking member of the full community the recognize for 10 minutes each of the first round of questions. Without objection, its awarded. I want toegin, explain an administrative matter regarding some of the documents we may use in todays hearing, and that will be entered into the record. Two unanimous consent request in regards to two documents, list a and list b. List b. T on the b a we have been asked that it provides ample authority to release these documents. And the documents from boeing, owings attorney boeings attorneys agreed to these documents. I see nothing that is export sensitive in these documents. Documenttamped every they stepped us as export control. However, to prevent confusion with regards to documents wit
This hearing will come to order. Thank you all for being here today. One year ago today lion air, flight 610 crashed into the sea shortly after takeoff from jakarta, indonesia. All 189 people on board perished. Five months later Ethiopian Airline 302 departed out of ethiopia just like lion air flight 610, ethiopian flight 302 experienced problems shortly after takeoff and crashed. All 157 persons on board died. Both of these accidents were entirely preventible. We cannot fathom the pain experienced by the families of those 346 human beings who were lost. Many family members are here today and we appreciate their attendance. I appreciate many of them meeting with members of the committee over time. As chairman of this committee i promise their loved ones that we are working to obtain a full answer as to how to prevent future tragedies. These families deserve answers, accountability, and action, and the public deserves no less. The type of aircraft involved in both accidents is a 737 max