Constitutional lawyer says the president s comments to comey were grossly inappropriate, but we do not indict people for being boarish or clueless. What youll see is political theater. Democrats eager to show that the president broke the law. And a democrat will say its like watergate. Every network, broadcast and cable will cover the show gavel to gavel. Look at this, mid afternoon yesterday we learned what comey would say, stocks went up. The dow closed 32 points from its alltime record high and a few minutes from now, it may be opening virtually flat, down maybe five or six points, well see what happens at the opening bell 28 minutes. In other words, as the left goes full bore after President Trump, investors take the rally maybe to new highs. Remember, june 2015, donald trump came down the golden escalator and announced his run for the oval office. Two years on, were seeing what politics look like when a business guy becomes president. Varney company about to begin. Okay. The brits
We have a great show to kick off a big week for the markets. We will discuss what 2017 holds for u. S. Monetary policy. As italy lines up another new premier, in turkey comes to terms with the bombing istanbul, we will focus on the market and Political Risk in europe. As crude oil surges, we also speak live to the Nigerian Petroleum minister on surveillance at 9 40 u. K. Time. Lets check on the markets. This is a picture for oil, gaining 5. 1 at 54. It surged the highest in 17 months as efforts to cut production sent the 10year treasury yield above 2. 5 . Chinese equities tumbling. European shares holding to what we saw last week, pretty much flat. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra president elect donald trump says hes close to naming his secretary of state, dropping hints it could be exxon mobils ceo. A person close to the transition on hasnt beenrs formally offered the job yet but is likely to be the pick. Italys prize minister designate has been hol
Column, theres your equity indexes, down for the first. Ime, led by the ftse ,enmark, iceland, switzerland all the currencies are rising against the dollar today, led by the sterling, up by three quarters. 4 10 of 1 , we are seeing long bond yields gaining across europe, belgium, france, austria, switzerland. Those are the final two columns. Just want to talk about some of the individual movers today. This is royal phillips, the Dutch Company that has agreed to put a majority stake in to its lighting for the Apollo Global management. A cutprice deal valued at roughly two billion dollars. Phillips will receive cash proceeds of 1. 5 billion for preferred equity for the 80 . Their shares are barely changed. Blocking the plan to go scale capital in china and in january. Thathief executive says accepting a lower premium offer from the u. S. Private equity firm makes sense as it is a safer bet. Macro data in the u. K. Including house prices where asking prices for homes fell nationally in de
We will tell you why hes pushing back on the separation of his business. Bonechilling temps, heavy snow. Another winter blast expected this week, we will have the details. A luthansa flight made Emergency Landing in new york city after a threat was phoned in. Latest developments coming up. A new scam hitting your inbox, what you need to know to protect your information and bank account. Companys employees have access to trip information and theyre using it to spy on people including celebrities. We have the story. Oil prices edging higher this morning. Now at another new high. Take a look. New internationalsy says that oil markets will rebalance early next year as long as opec members cut production. The price up now half of a per can he be the. Stocks look like this. Another gain at the opening of trading. The trump rally continues. The dow industrials looking up about 70 points this morning. Nasdaq 18 points and s p 500 with a third of a percent. In europe stocks are also higher. Fts
Nice to be with you. President elects trump says hes not buying it but is this credible report that harkers were endplay here. It is credible dut but i dont blame trump by being put off. The implication is so you the election outcome would have been different ab sent russian efforts. Im not sure thats a fair way of leading with this story. You know, or even if it was a very close election. If a few key states. You could argue every tiny influence in the election was arguably enough to tip the balance. There were much bigger forces at work here than what russia tried to do or not. Having said that when hes president of the United States mr. Trump has to worry about whether Foreign Countries are trying to interfere in politics. Shouldnt he also be concerned about maybe the relationship with his cia i mean so they came out with this report and he said no it could be somebody sitting on a couch. We dont know that for sure. Well, road. Because it felt like somebody challenging outcome of el