Its on spotify right now. We aim to please. It seems like we have done this morning. Lets get into the market picture. A very rosie market picture this morning. Futures were as much as 200 points higher moments ago just shy at the moment on the dow 192. 4 to be precise. The s p higher by 14 the nasdaq up 22 markets did pull back on friday albeit only slightly closing down. 2 and the s p a little bit more that for the nasdaq for a week performance was fairly divergent. The dow was up 3 . Dow up 1. 5 the tax reform bill well discuss that passed the market late friday night. Ten year treasury note has responded as well in a risk on fashion somewhat weve seen the yield move up a little bit, 2. 39 closing on friday at 2. 36 over the weekend ticked up a bit. Crossed 2. 4 but is just below that level. More on the markets, but first to our top corporate story, cvs is buying aetna for 69 billion. Our Bertha Coombs is joining us on the cnbc news line with all of the news. Good morning, bertha. R
Capital. Protests continue in the region. Oilalling time, kuwaits minister says opec and its allies may end restrictions before 2019 if the market rebalances by june. Yousef this is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Tracy i am Tracy Alloway in abu dhabi. Good morning. Yousef special coverage out of to us about what we can look forward to. Tracy sure. I am at our annual conference bloomberg invest abu dhabi, our seminal conference in the region and comes at a crucial time for abu dhabi and its gulf neighbors. , theyre, saudi arabia are trying to attract Foreign Investment at a time of low oil prices. We will be hearing from that you ate he Energy Minister and hear from the deputy ceo as well. Later on, we will talk to the ceo of investcorp. Stake andtly sold a we will find out if there are more partnerships to come. Thanks. Cracking lineup. Global markets, yes, the story around bitcoin continues to evolve. It is a big week for Central Banks. This is gmm. W
Chairman and the Ranking Member, the whole committee here, senator barrasso, senator carper, you have an introduction to make also. We will do that. Lets recognize senator carper because he will be coming back and doing his a little later. Very briefly, welcome to this important hearing, i think the chair and Ranking Member for putting this together and giving us a chance to say something, i ask unanimous consent him if i come back and give it live later this morning i will do that, good to see you, thank you for joining us this is important stuff. I want to thank all of you for being here today, thank you for your help in getting this together. I have taken counts, the last one other than you and me, retiring this year, that means you and me. I hope that is not a message. We did coming, working together in a bipartisan way of accomplishing things, looking forward to working with my colleagues who worked in legislation benefiting users for Transportation Networks and the economy. Since
Getting a sense of where the chinese economy is heading, december pmi from the private side ties shin. This is the third couple of days we have had the numbers that of the official stat bureau. 9574 on the bloomberg terminal. You can see where we have come from the dark days of 2008 when everything fell off a cliff. 51. 6. I here, that number came in and the other day. 50. 8 whiching at reflects what is going on with the small and mediumsized enterprises. Showing we have growth and it is steady as you go for the time being. Untilutes ago to go trading in hong kong and 45 minutes until the thai shin numbers came out. A late opening today because of a big ceremony going on in the korean stock exchange. Fort of news to digest those market participants. Good morning. As seoul gets back online, quite a bit for markets to consider. Kim jonguns new years eve address. We have the latest data points for south koreas showing exports rose to a 60 year high. We are seeing it gaining about one thir
Witnesses today, and ill save the introductions. I know there are a couple introductions that will be made from up here. This morning well go ahead with our Opening Statements, myself and senator cardin, and then were honored to have both the chairman and the Ranking Member of the whole committee here. So senator barrasso, senator carper, and then i understand senator cardin, you have an introduction to make also. Yes. All right. Well do that. Lets recognize first senator carper, because hes going to be coming back and doing his a little bit later. Just very briefly, welcome to this important hearing. I want to thank our chair and Ranking Member for pulling us all together and giving us a chance to say something. I have a statement. I would like to ask unanimous consent it appear in the record. And if i have a chance to come back and give it live later this morning, i will do that. Again, its good to see you all. Thank you for joining us. This is important. Important stuff. Thank you,