Nature. Just moments ago, house intelligence chairman adam , asking Jennifer Williams about how President Trump tweeted she was a never trumper. Would not describe herself that way but she was rather never part of it. The white house continuing to push back against williams. All of this one day before Gordon Sondland set to testify. He is the individual that was reportedly on the other end of the phone call between President Trump. President trump asked Gordon Sondland specifically for an update with whether or not president zelensky was looking into the bidens. David many thanks to Kevin Cirilli reporting from capitol hill. Lets turn to bill faries. Big development in the middle east, particularly towards the west bank. Bill yesterday secretary pompeo announced the u. S. Would no longer view most of the settlements in the west bank as illegal under international law. He said he was going back to a position held initially by ronald reagan, but it is something that takes place in the co
Of its creditors, including the imf and the European Central bank did greece got a alone last week after parliament agreed on new austerity measures. In the meantime, great thanks reopened for the first time in three weeks,. There are still limits on withdrawals overseas. Merkel is suggesting that greece cant get limited debt relief. She ruled out a haircut on greek debt. A classic haircut of Debt Forgiveness of 30 cannot happen in the currency union. It may happen outside, but not within. Erik they may consider lower Interest Rates on greek debt but extending the time for repayment. The United Nations Security Council is expected to endorse the Iran Nuclear Deal today. It is to stop iran from Building Nuclear weapons and the United States and other world powers will gradually lift economic sanctions. Ashton carter travel to israel to reassure officials there about the iran deal. Carter acknowledged he will probably not be able to change anybodys mind. Obviously, we believe that the nu
Today. Alix a really exciting couple of hours lined up. The theme is Capital Markets. They will be talking about mifid, regulation, tax reform. To help highlight that, i will be joined by david solomon, coceo of Goldman Sachs. Jonathan i want to know who at goldman wants to move from london to frankfurt. Alix nobody. Jonathan nobody i have spoken to. Alix i am asking him that. That is my last question. Jonathan lets get up to speed on the markets. Futures are firmer as we end the winning streak on the s p 500 in yesterdays session. We pop higher. In the fx market, the euro showing a little strength, up 0. 1 as we march toward Mario Draghis decision. In the treasury market, 2. 40 on the u. S. 10year. David thank you so much. Thats get an update on what is making headlines outside the Business World. Emma chandra is here. Emma the Chinese Party has elevated president xi jinping to the same status as mao zedong. It would give xi more power to enact policies after crucial reshuffle tomorro
That these policies are not doing enough to revitalize growth. 1 . S p 500 is down the nasdaq is down the most. Or 2016y, we hit a high on the nasdaq. Happeningk at what is week to date. Even though we saw the uptick ofterday, we had two days declines. So with that we are down about 1. 5 . Now to year to the day, losing what we had seen earlier in positive territory. The nasdaq is down the most by more than 3 . With all of this happening, lets see what is happening with safe havens. Looking at the 10 year, it is down six basis points, 1. 69 . The japanese yen is strengthening against the dollar. David heavily traded big cap stocks are making moves today. Apple is accelerating losses, down by nearly 2 . Btig cut their price target from 141 to 130. They say customers did not grade as fast as they expected, and that is accelerating in the fourth quarter. Verizon down by 2. 6 . Jeffries is downgrading the stock to a hold from a buy. Bios video platform needs to get to scale. David thank yo
If congress does move on relaxing the u. S. Ban on exports of crude oil. Ill keep an eye on that story which the white house says they still prefer their administration to address. We take you live to the nymex for the latest shortly. And fitbit soaring again today on nufz a corporate account with target. We debate whether this stock is more than a fad bill. They order 335,000 fitbits theyre going to hand out to all target employees. Thats a lot. Plus mad money meets closing bell. Jim cramers going to join us today. Hell be live from the dream force conference out there in San Francisco. Hes with the ceo of Western Union coming up shortly here. But in the meantime lets get to the story of the day. Jackie deangelis joins us now from the nymex with this big rally on oil today. Jackie . Reporter good afternoon, guys. Thats right. A near 6 jump in oil prices today. We havent seen a move like this since august 31st. That was one of the days we popped 8. 8 . So these wild swings continue whe