And impeachment inquiry as the Fourth Quarter gets under way. Plus, no force can stop the Chinese People, president xi commemorating the 70th anniversary of the Chinese Communist partys rule, this as violent protests in hong kong ramp up. Facebooks Mark Zuckerberg rallying employees against critics, competitors, and president ial hopefuls, like senator Elizabeth Warren first up, though, investors looking ahead as we begin the Fourth Quarter after a volatile q3, which saw the dow and the s p extend their quarterly win streaks to 3 the nasdaq fell just short of a similar run. For the year, though, leading the major indices with a 20 gain, s p up almost 19 the best performance through q3 since 97. This is all affected by the fact that december was so bad last year. Yeah. For instance, apple up 42 you say, wait a second, great year but apple preannounced the stock had gone down. You have to look at all these to see what is up from the bear market whi what is interesting is this market has
Ten year right around 1. 9. China trade was amiss and uk inflation at a 14 year low. Stocks pointing higher as earnings begin to roll out. Different story for oil fall to go merely a six year low as opec says it will not change its drought put strategy. And speaking of earning, alcoa did top expectations. What the ceo has to say about their Fourth Quarter results. Plus why Credit Suisse thinks iphone sales could drift stock to 130. But stocks look to end a two session losing streak. Oil back down below 45. Oil minister defending opecs decision into the tonot to reduce output. Brent around 45 as well. It was said its not about whether the price hike will come, its about more the timing. All i can tell you is that other countries and other continents are starting to react positively. Getting better feel from china. Europe were hearing Better Things because of the oil tee decline. India were starting to get a good read. The calvary is beginning to come from this low oil whereas we have ob
2 . Road map begins with earnings from hp a big hit from the stronger dollar. An exclusive interview with meg whitman in a minute. Beat from lowes and from target. Those stocks both higher in the premarket. Hawkish or dovish . Janet yellen day two, heads to the house for her second day of congressional testimony. First up, the dow and the s p coming off record closing highs. The nasdaq aiming for an 11th consecutive day of gains. Better than expected results from retailers, target and lowe and yellen back to the hill for testimony, before the House Financial Services committee. Jim, three sessions left in february. Weve had records on the dow, the s p, the mid caps the russell, the dax, the ftse. Whats left . It all makes sense. When youre in a Conference Call like i was, listened to the amazing cfo from home depot, really is the dean of cfos, and shes tracing out a story which says, you know what people are spending much more on their home and we have homes coming off of renting and b
For the u. S. Theyre used for surveillance, disablement and killing. As many as 87 faces now possess some form of a drone. Using them to conduct surveillance in their own nations and elsewhere. Peter singer of the Brookings Institution says this, quote, people in washington like to talk about this, as if the supposed american monopoly on drones might end one day. Well, the monopoly ended years ago, unquote. Of those 87 nations its difficult to determine how many have actually weaponnized drones. Or plan to do so. Thus far the only nations to shoot missiles from drones are the u. S. , britain, and israel. But u. S. Intelligence officials believe its only a matter of time before other nations deploy weaponnized drones also. In the meantime, just using drones for reconnaissance purposes can raise hackles as one unnamed official told the washington times, quote, no one is turning a blind eye to the growing use of surveillance only uavs, unmanned aerial vehicles, including by nonstate actor
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