Workers. More than 2 Million People getting bonuses and or higher wages because of the trump tax cuts for business. Numbers this big suggest a quick shot in the arm for Consumer Spending and therefore probably more Economic Growth. When trading begins will move higher again. The dow, s p, nasdaq on the upside. Crypto current season is. South korea is the center of crepe go action of legislators that would then crypto currency trading result. Extreme volatility and others. Bitcoin down 13,000 a. A surprise move nearly 107 elevenths were rated tight immigration offices checking paperwork in the immigration status of 711 employee is. Look, the news is dominated by the spreading bonus trend. A lot of people are getting unexpected windfall. Varney company is about to begin. Lets get right added. Walmart raising the minimum wage for new workers, handing out onetime bonuses. Go through it all. Transfer bonuses of 1000 based on seniority. Walmart would take a 400 million charge in the most rec
Joes excited. You are excited. He comes bringing orange juice, coffee for folks. Clapping. Its energy, man. Its energy. Really loud youre not that old time for the Global Markets report we will look at u. S. Equity futures. Yesterday the dow was up by 167 points 80 of those gains came from two stocks 3m and caterpillar gm and others were also reporting. Which is great news finally youre starting to see earnings and not financially engineered earnings, actually seeing real earnings with the commensurate Revenue Growth now the question becomes are the stocks that you just mentioned getting expensive on valuation thats what the market decides right now everything is the tailwinds are significant for the market who were you eluding to financially engineered earnings . Many. Many of these companies. You were not talking about General Electric specifically . If you would like me to speak about it. Theyre doing a lousy job of it. Of financially engineering. I was wondering if has risen to the
Large. His name is minguell lembrick. Reporter someone who shot two Police Officers and one of them is very dangerous but if he resists we will overcome that consistence. A first Half High School student waots sh by a Police Officer after brandishing a knife. He just shot the kid. Its pretty nasty out there. Arctic blast about to blanket a big part of the United States. The coldest air in quite door iens op to the arctic. Stay home and enjoy a nice cup of hot chocolate and stay off r the. Oads rescue teams in indonesia searching for ceasefisurvivors earthquake doyestrozed dens of building. A plane in pakistan crashed. Officials say no survivors. Donald trump is talking about how much he likes barack obama. He needs it. He even run some of his cabinet choices by president obama. Obama said, fine, i recommend twona tee cgersharged for allegedly starting the fires that tore through two resort towns near the great smoky mountains. This one in the San Francisco international airport, he got
Back and forth the directional market throughout this morning. Right now, dow futures are down three after a selloff yesterday. S p futures down just a quarter of one point. Lauren japanese stocks trading for the first time coming back from the holiday and fill in the nikkei down 20 . In china and a sense of a strengthening economy with inflation rising at the fastest pace in five years. Nicole oil down nearly 4 yesterday on concerns over the supply of crude. This morning a little bit of a pop up. Lauren the yield on the Treasury Holdings steady 2. 3 . Nicole more changes coming to yahoo . Marissa mayer will step down from the board after it was acquired by verizon. Yahoo getting a strange new name if we looks lame. Lauren the College Football championship as the Clemson Tigers beat the alabama crimson tide and they are celebrating. Nicole 5 01 a. M. In new york. We welcome you to fbn am, your first look at morning markets and breaking news. Lauren there is growing controversy over the
That could have a negative shortterm affect on the economy. Manager onh an asset whether we should expect larger than usual volatility ahead. European equities are trading just before 30 minutes ahead of the close today. Theresa may, the Prime Minister cannot trigger article 50 without parliament. She does not have to consult s part of the process. There should be some trouble getting it done in two months. She wants to achieve that by the end of march. Stocks are rising today. Sterling declining against the dollar. It is just a massive move in the corporate space today. Shares are up as much as 11 . Biggest gain since may 2010. Thatlic of reporting italys secondbiggest lender is considering making an all stock offer for generali, the insurance company. This comes after the insurer but as a defensiveis move following speculation they may make a bid. That was according to people familiar with the matter. Forysts say and offer generali is unlikely to succeed because of competition concer