Babies. The Game Stop Frenzy continues with backlash against robin hood for redistricting amateur trading. Good morning and welcome to morning joe. Restricting. It is friday, january 29th. With us we have White House Reporter for the asci press, jonathan lemire, Michael Steele, and former aide to the george w. Bush white house elise jordan, msnbc analyst as well. So we will get to the latest in game stop. That story ahead. Plus, a full year into the fight against covid. And were learning troubling details about the pandemic. A federal investigation found that u. S. Officials who greeted american evacuees from wuhan did not have training in Infectious Disease control and were told not to wear masks. Thats according to the washington post. The states Attorney General is investigating why the Cuomo Administration failed to report 3,800 Hospital Deaths as being linked to nursing homes, an undercount of 40 . Weve got details on both of those stories coming up on morning joe. But we begin wi
Florida sees its biggest oneday rise, some of hollywoods biggest names test positive. And chinasotest crackdown in hong kong seem to have spurred a reaction at the ballot box, voters have turned out in the hundreds of thousands. Lets look at how the week is setting up in asia. A pretty positive lead, asian stocks will keep the rally going. About half a percent after the u. S. Stock rally extended that weekly gain on friday. The s p 500 outperforming the nasdaq for the first time in two weeks. That bifurcation will continue. Nikkei futures up 0. 3 . Trading in chicago after a three i Third Straight weekly decline, continued concerns about another wave of virus cases in tokyo and elsewhere in japan. 1 ney futures setting up for 1. 6 higher. New zealand, blue signals when it comes to trading kiwi stocks after that threeday selloff, up 0. 7 . The level of Foreign Investors piling into the kiwi market suggests we will see further outside with that golden cross, crossing the 200 day dma patt
On capitol hill. A lot of debate on whether the middle class work feel or remember taxcut. A lot are saying its not a tax cut for the middle class but the wealthiest and the corporations. In the version of the senate bill, and that is most likely to closely resemble the final bill, all tax cuts for individuals 20xpire in 2026 area 36. David is does this mean they wont get a bill . Congress can get it all the way down the field. They are closer than they ever have been. Republicans are confident. Even democrats are saying its going to happen. Now it is up to us to write to in 2018to people why they should vote for democrats versus republicans. They are confident they will all to repeal the mandate. How will they get this . Time. Has a very critical depending on what happens on it tuesday with the roy moore race, that could be interesting if a democrat takes that seat. Are a lot of moving pieces. Remember, Susan Collins said she got commitment they would pass the market stabilization pla
Likes it is 2 00 in new york. 7 00 in london. Welcome to bloomberg markets. Julie live in new york over the next hour for the top stories were covering around the world. The world according to george soros. He shares his latest use on markets and the Trump Administration in a bloomberg exclusive. The anticash club. Urging investors around the world to stop keeping money in cash as stock markets climbed to new highs. Broadeninge of a expansion in the global economy. Look no further than caterpillar. We have u. S. Markets closing in two hours. We are back to record highs. The nasdaq has a little bit further to go. At this point we do have record highs, gains for the major averages. Putting in all time highs, the nasdaq had been between gains and losses in the volatility we saw yesterday, the worst day of the year. Overall a bullish tone. The nasdaq has the biggest wade into apple. Apple will launch an ebook reader. Weighing on apple, some analysts are talking about the possibility of wee
High for the day. We should not get too complacent. We have continued to see swings. If you look at the gains, they are pretty broadbased. Only energy is lower. That has been the Weakest Group throughout the day. Utilities recovering as we see a little bit of a back up and yields today. Tech shares also strongs. Also strong. If you take a look at the weekly performance, we are setting up for the best week for stocks overall in quite some time. For tech specifically, and the xlk, it could be the best week going back to 2011 with a 5 gain this week. That would be even bigger if you counted the rally which began last friday. Cisco is helping lead the technology gains. That company is trading at a 17year high. The company came up with revenue that rose for the first time in eight quarters. The forecast was also positive and the company said revenue in the current period will climb as much as 5 . We have seen other companies and related businesses also on the rise. On the call today, the ce