Investigation. His lawyer said that is not true. Haidi hello from sydney where it is past 8 00 a. M. This is daybreak australia. The first major markets open. Betty it is after 6 00 a. M. In hong kong. I have come all the way here. I am almost where you are. We are looking at all the action on wall street playing into the asiapacific trading day. All this week we are here in hong kong covering the u. S. And asian markets. Along with political stories we are tackling later in the hour including brexit and toshibas semiconductor unit, a huge corporate story. We want to get viewers caught up with u. S. Stocks at the end of the day friday, and it was tech shares. A lot of focus on the big tech stocks and how they traded. They dragged down the nasdaq 0. 2 , the dow also ending slightly higher but a little bit dragged down because of really the dow and s p, seeing essentially not just drag down but also the sentiment kind of the Big Tech Companies fear the big news on friday was amazon buyin
A driver in a van drove into a crowded shortly after midnight. They say he shouted he wanted to kill muslims. The 577 feet. The u. S. Navy is promising a full investigation. The uss fitzgerald is back in port after being struck over the weekend. Powered 24 hours a day. A year after britains vote. O leave the European Union today, talks will how they are going to get that done. If at times like these, we are a reminder of the values and resolve we share with our closest allies. Why there will be challenging imes ahead of us david joining us now, bloombergs euro chief. How does the big problem for the negotiators is that this is all a big distraction. Since they voted to leave, lets get on with the talks. Moreower fire and distractions for theresa may. It is probably going to be little difficult to focus as , saying we arent going to try to get something done today. For some time now, we do have 7 we had the outline of their position. Waiting for the u. K. What is the timeline over the n
Thank you very much. Er with live if chicago for one of the highlights of the investing year. The mutual fund manager of the year awards from morning star. Five managers all five stars, fiveyear returns, that put them in the top one, two or three percent of their peers. You will find out in this hour how they made so much money in 2012, what they think about 2013, and whether you, sue, want to invest with them in this new year. I cant wait, ty, thanks. We are also watching google right now. Ftc making an announcement they are looking into the company over alleged anticompetitive conduct. We are monitoring. When they begin that news conference, we will bring you headlines. To the markets where buzz down here is about the fact that mark set adding on to yesterdays spectacular gains. After a little profittaking, we are on the plus side to 13,420. Nasdaq is up two points, almost two and three quarters. Bob pisani joins me on the floor. I was talking to some of the guys this morning and the
Heres sara eisen at cnbc Global Headquarters and Tyler Matheson in chicago. Good afternoon. The markets are up big. The dow gaining 230 points in just two days. Im here in chicago as was just said, at the morningstar annual fund manager of the year award. It is perhaps the biggest event in the entire mutual fund industry. Think of it as kind of the Golden Globes minus the alcohol. I will be somewhere between tina fey and if you watched sunday night, jacqueline bissett. Rea we are joined by the best managers in domestic stocks, International Stocks, Asset Allocation, fixed income and this year, alternatives. We will find out what they owned last year, what theyre doing this year and you will want to be asking yourself why the heck am i not in their fund if youre not. If you are, listen to this, our Domestic Fund manager, if you put 10,000 in his Small Cap Fund or his teams Small Cap Fund 15 years ago, 10,000 would be worth more than 50,000 today. And in the international category, that
S p within striking distance of alltime record highs. The nasdaq had its best close since 2000. Gold moved up 12, and oil by 82 cents as it edges closer to 104. A microsoft management shakeup is reportedly in the works. The tech company is expected to detail its largest Re Organization plan in 5 years tomorrow. Exxon mobile tops fortune magazines list as the most Profitable Company in the world with 44 billion. The oil giant is followed by apple with 41. A backtoschool spending splurge shopper trak predicts parents will spend more because the economy is stronger now than a year ago. Its exciting times once again for the stock market. Larry shover of sfg alternatives joins us now. Good morning larry. Good morning. The s p 500 cleared 1650. What will that mean to traders today . A big resistance point. Shortterm, its going to get more people off the fence and into the market, but intermediateterm, a lot of people are on hold because not Many Companies really report their earnings until t