A very dark london this morning. Coming up later, the brexit show. We will be joined by the former Prime Minister of ireland. Lets quickly check your market s. Eurodollar. No, its euroyen. This is what the pros look at. Its the end of the quarter so were seeing a little bit of caution when you look at the stoxx 600. The price of oil. The Spanish Government is continuing efforts to stop an independence referendum in catalonia. The Regions Administration is pressing ahead with a vote even deployed thousands of police and arrested eight dozen local officials. Catalonia includes barcelona and theunts for a fifth of economy. In the u. K. , most members of theresa mays party think she should quit before the next election. Ina poll, 13 said she should leave now or in the next year. And the same proportion said she should go just before the next elections in 2022. Meanwhile, 38 think she should quit after britain has left the European Union, march 2019. Steven mnuchin says the republican tax p
Positive as youll see right there, but not too much. Although uk actually having a fairly good morning. Japan not so much. Problems toshiba certainly weighing on that market. As for our tenyear note yield this morning in crude oil, which we always like to show you, 2. 556, and wti up ever so slightly. David, our road map for the hour begins with the dow on the edge of market history again. Futures higher. Will today be the day . Plus, some new Holiday Spending data suggesting a late december boost. Wall streets top picks going into 2017. And amazon crowned ever cores top internet pick. Did the company do enough to win christmas though . But first up, the trump rally, thats what we call it now, and the march to dow 20,000. That continues for yet another day. Futures as you just saw are higher, certainly would indicate we will be close at the open. The dow aiming for its eighth straight week of gains. And, well, what else, of course another tweet on the markets from president elect donal
Welcome to what will be a pretty intense show as we gear up toward that inauguration in about nine days from now. We have a new report from the World Economic forum on global risk. They talk about unemployment as one of the big risks. Inequality and increasing polarization. What they mean is the polarization of politics within various countries. Weve seen it with brexit, with trump, but also polarization in terms of various countries around the world. They talk about environmental risk. Not also talk about Society Keeping pace with technological change. We will speak to the chief author of the report a little as wen in surveillance also geared towards davos, which starts next tuesday. First things first. We will check in on the markets. This is european equities. I would suggest that most of the moves and the most important moves are going on elsewhere. It is currencies, but also the emerging markets. This is a picture we are seeing for the turkish lira, hitting a dataow ahead of the l
And welcome to power lunch. Im melissa lee. Heres what else is happening at this hour. Stocks pushing higher with the dow and the s p 500 erasing all of septembers losses while the nasdaq on pace for a record close here. Existing home sales falling 0. 9 last month. Economists were looking for a gain. And North Carolina under a state of emergency following days of Chaotic Street protests after the Fatal Shooting of a black man by police. Weve got a live report straight ahead. But first, we got to get to Tyler Mathisen live at the iconic conference in boston. High, ty. Melissa, thank you very much. And its great to be here in boston at the iconic conference where we bring together some of the biggest business icons like todd wagner whom you just heard from on scotts show just a few moments ago. And some budding entrepreneurs, people whove either made successes out of businesses or want to. And in just a few minutes im going to talk to one very inspiring guy, Daniel Lubetzky, founder and
Personalized therapy things like cancer and genetic disorders. He announced the initiative at a white house ceremony today. Just like we did with genetics 35 years ago. The really good news, this is how you know that the moment is right. Is there bipartisan support for the idea here in washington. The proposal is part of the 2015 budget, which the president is expected to submit to lawmakers on monday. Ibm had a rough year. An sec filing shows she filed a 3. 6 million bonus in 2014. The Company Posted its second year of profit decline. The first salary increases taking the helm. Spotify will be working with Goldman Sachs on a new round of private financing. Seeking another half 1 billion. Now to the lead. Now apple has conquered the chinese smartphone market. Next up, what . Global domination . They nearly tied samson for Global Leadership in smart phone sales for the First Time Since 2011. Both companies shipped 70. 5 million smart phones in the fourth quarter. Giving each company 19.