Anymore. A lot of Global Markets are closed or for boxing day. Uk, germany, france, australia, italy and hong kong. I say it every year. Boxing day has nothing to do with boxing as a sport as a child, i always thought that u. S. Futures, we have some green arrows dow looks like it would open up about 30 points higher 10year note opening about 1. 97. New this morning, china says it is in close touch with the United States on signing a phase one trade deal both sides are 12i8 going through necessary procedures before signing despite progress on trade, tensions remain. Meantime, saying the phase one trade deal is, quote, an enormous step in the right direction. It is coming. It is coming it is done in your mind what we are going to get is what weve gotten. Phase two, i wouldnt think about it again like ever, ever no. Let it go. Gone for good oregon for the election . I think you need a change in leadership of china before we see anything significant even if trump wins in november of 2020,
Gains and losses for much of the day before surging in the final hour of trading. The dow travelled 5500 points in total when you add up all the moves. With yesterdays rally the dow and nasdaq recovered about half of mondays losses show you whats happening in asia. S generally improved asian markets were mixed, flat hang seng lower by almost 1 shanghai off by 1. 2 europe this morning, positive across the board gains of a half percent generally. Lets go show you whats going on with the yields which has been so interesting in the wake of that wage data on friday the 30year is yielding 3. 03 . Tenyear note at 2. 7 2. 76 we had gotten up to 2. 88 on monday that led to a lot of selling its a key level well talk a lot about as we move through the morning. Fiveyear note at 2. 49 the twoyear at 2. 0. Well have more on the markets as you can imagine in just a moment we have also a breaking Corporate News story making a lot of waves steve wynn is now officially out as ceo of his Company Followin
Train to the nikkei up over 1 overnight. Lauren big day on capitol hill on capitol hill to the exceo of equifax will get rolled over the massive eye contact. And the ceo to say im sorry for the big scandal. Train to the music world mourning the death of rock legend tom petty. Well take a look back at his incredible career. Fbn am starts right now. 23 51 a. M. In new york. Good morning. Im lauren simonetti. Cheryl good morning. Im cheryl casone. So much revenues and then tom petty dying on top of everything 66. Lauren you just performed, too. Trying to mourn his life and amazing career coming out. Portrait of a mad men. We are learning the worst mass shooting massacre in u. S. History. Stephen paddock at 23 fire and sent Mandalay Bay Hotel room in vegas the 19 less than his home in mesquite, nevada. [gunfire] the 64yearold multimillionaire killed at least nine people and injured more than 520 before killing himself. The question is not answered his wife. Lauren thats what everybody want
Flanneryw ceo jeff as the new ceo. I love the job, the company. Andink today is confusing, on the other hand so interesting. Iran gen 2008. I ran ge in 2008. It was bad every day. David joining us now is a bloomberg as dus analyst for intelligence. Why now . Jeff immelt had been getting pressure from all sides. Theystepped it up when initially bought into the stock. Would be passive investors, and when the numbers did not come through, they stepped up the heat. That was part of it, but it had been coming from a lot of different directions. David why hasnt jeff immelt been able to get the stock up . 2009, he did get a nice bounce as he started to redirect the company. Is a questionat among a lot of people. Shrunk ge capital, went back to the industrial base, started a major Digital Strategy , but the numbers have not been coming through and people have been upset about the cash flow. It is one thing after another that has led to the frustration. , that decided that immelt it is time. Th
Welcome to the 4 on 2. Today oakland is preparing to host the second championship parade in three years. Were joined with all of the details. We have gotten used to this, but soak it in. Its not. Com in. Really enjoy it. Only one of the 30 nba teams can hoist the championship trophy but in the case of the warriors, it was expected dating all the way back to last july. Thats what happens when you sign up lebron james. And oracle arena the warriors and their fans let loose with the emotions that come with the fulfillment of expectations and knowing that that moment you have achieved your professions highest height. The championship is he share this moment with his mom and the warriors stores who were here two years ago. Steph curry and Klay Thompson. This organization has chemistry combined with the burning well to reverse what happened in last years finals. The champagne stilled in the locker room and sorted the emotion ive been down and i thought is this really happening. Andre, keep p