Where we bring you todays market moving news from around the world. From hong kong to beijing to london to washington our bloomberg voices are on the ground with this mornings top stories. Start right now with hong kong with the citys financial chief said the economys set to contract in fourth quarter. Jeff joins us from hong kong on the telephonement welcome. Give us an update where we are. And how the economys doing there. Jeff good morning to you. The economy is hoping to see some kind of stabilization in the coming weeks. But the damage has already been done in the third and fourth quarters this year. We have only just seen a relative easing in the protests. But we are a long way from having an all clear or any kind of resolution to the political standoff. That means that the tourists and the spending that are the core of this economy, they are not going to return soon. We may see stabilization but it will be lower levels. David thank you so much. Jeff black reporting from hong kon
The nasdaq was the laggard. Nasdaq down 0. 7 . The philly stocks index ended up the session, really dragging things lower with the semiconductors. Romaine cloud flare, five below, peloton. About 5 on the day. Lets dive deeper into the action with our markets reporters. Renita i am taking a look at axum therapeutics. It rose to a record high at some point today. Acutempanys drug for migraine treatment met its endpoint. Significantlyd improved migraine pain and most bothersome symptoms versus a placebo effect. The new drugfile approval with the fda and the second half of 2020. Hd wainwright raised the price target as a result while maintaining the buy rating. A couple of other analysts out there. Cantor fitzgerald raised price targets. William blair reiterated outperform ratings. Be over christmas may but i still have got santa on my mind. This chart suggests the quote unquote santa claus rally may not happen. And read, we have the dollar. Risk risk on, the s p 500. Stocks are going high
Pair of touchdowns. The guys who worked together for five years with a brief hug. And the new England Patriots will go to 112 and would regain that number one seed at least for the moment in the american football conference. Game officially over in four seconds. 276 the final. Volkswagen post game report coming up next. Welcome to Volkswagen Passat post game report. And welcome back to houston where the final score tonight patriots 27, texans 6. And where, after toughing it out for most of the night, bob landed on the injury list. His voice listed day to day. Liam mchugh to take you the rest of the way. The patriots clinch their seventh straight playoff berth with a victory over the texans. This weeks game balls go to rob gronkowski. 86 yards and a touchdown. And jabaal sheard, two sacks and to forced fumble. Both spoke with michele tafoya. You were injured two weeks ago, that knee. So this is your first action back. A touchdown, a big 45yard catch early in the game. What were you expe
About politicians is a chorus of enablers who defend their every line. When you leave this place, youre going to find an america filled with promise, on a foundation of personal responsibility and individual freedom. We celebrate so many holidays on this show but today is such a special one. We all have a mother, right . And theyre such an Important Role in our lives. Were going to celebrate what mothers mean to all of us on the show. Including our newest mother. Your first mothers day. And now i appreciate the holiday. We need to bring her something special. Did you bring that for her . Yeah. That is so sweet. Think about it, youve been on the other side. This is your first mothers day as a noter. Whamother. What is it like . I understand what the day is all about. You love something more than you love yourself. I think of moms now. My nom has seven kids, two of them in the military and shes adopted two daughters. I look at you two and wonder how your moms survived all these years. He
To help achieve the vision of making Lincoln the healthiest community in the nation, the Community Health Endowment (CHE) Board of Trustees recently approved grants totaling $870,000 to fund new