And ringing in 2020. Parts of the world are already ushering in the new year as the final Worldwide Exchange of 2019 begins right now. A very good morning to all and welcome to the last day of 2019 a very happy early new year. Im in for brian sullivan. Here is how your money and the markets are showing up this morning. Showing the markets will open slightly higher. The s p 500, the dow and the nasdaq all on track for strong gains. Nasdaq could finish the year with gains of nearly 35 turning to the bond market currently trading at 1. 903 . In asia, the markets in japan. Remember they were closed today. Japan notching gains of 18 for the year the shanghai composite finishing up about 0. 33 and the hang seng is up about 10 , which is less than a lot of the other benchmarks lets look at what is happening in early trade in europe and Joumanna Bercetche joins us now. Thank you in line with other markets activity volumes are down about 40 to 50 . Not all european markets are open today the pi
And bob pisani at the New York Stock Exchange hey, robert. Hello there, old friend narrow trading range were down second day in a row, but a small trading range. 16 points in the s p 500, maybe 200 points in the Dow Jones Industrial average the nasdaq, though, is eking out small gains. The dow gainers for the month, theyre still the gainers for the day. Look at apple, look at nike, look at sisco, all up on the month. The laggards, its interesting, the ones that are down in the month of december also down today. Boeing had a tough month even disney. They topped out the beginning of december, 153 now, 143. Visa ending down today a little bit here that was a big mover all throughout the end of december the one sector i would point out to you is the Energy Sector. Oil exploration product up again today. And you know all of those really beaten up small Exploration Production companies, witing, southwestern, all terrible year, terrible three or four years since the tax law selling seemed to
Run continues. 111 s p new highs today as we watchaction in technology. Despite some downgrades and plenty of commentary from henl fu hedge fund managers. Alphabet becoming the fourth firm to reach a trillion dollars. The five Top Tech Companies account for 70 of the s p and worth 5 trillion combined happy friday, gent, go tshggente you. Good to see you barry, you had moves in markets, bull markets of the 90s compared to bull markets of the 20s you said we have not hit the blow off top but were on our way. If you look at the exponential trends, a curve increasing at an increasing rate that characterized the 1920s bull market. It characterized the 1990s this one has been more linear and it doesnt have the upward sloping curve since the 2009 low. So i find it hard to believe that weve seen the top because we have not entered that parabolic move how would you know when were close . Well, youll see the parabolic move that will be the first thing euphoria, a lot less doubt in the market i h
Miss the mark. Joining us for the hour, stephanie link from nuvine what do you think is driving the action right now, if the calendar is so devoid of data points so much for a slow day today, right . You had boeing you had over the weekend, china, small stimulus, which i dont think got a lot of press, it should have. And the data was okay. Durable goods can be explained away from boeing for the most part new home sales, up 17 year over year i think thats good. Chicago fed at a twoyear high i think theres enough momentum between now and the end of the year to kind of continue to see green days maybe we tail off a little bit at the end of the year, but i think well continue to see green days into the end of the year were on a nice streak so far. Lets dive into the biggest story of the year, that is boeing our phil lebeau has the latest on that. Hi again, phil hey, carl Dennis Muilenburg was fired after the board met over the weekend. The decision was made sunday night. And this was not h
That is all ahead but we begin with seema mody and the Market Action today seema, it was record highs to start. Were not there yet, though. Yeah. Thats a great point, dom. Three hours left in trade. Take a look at the screen. Were actually losing a bit of steam. Nasdaq now down just about three points s p 500 higher by four and the Dow Jones Industrial higher by 64 points. Nasdaq, if it gets back into positive territory, it would be on track for its tenth consecutive close. That would be the longest strea since 1997 and it really has been a strong weak lets break down when stocks have been leading the charge as you can see, it is primaril technology apple. Intel. Amazon in fact, amazon stock now playing catchup on track for its biggest oneweek advance of the year in response to those strong Holiday Shopping sales stock up about 6 . Also, want to draw your attention to shares of nike. Sitting on yet another record high this afternoon. Consumer edge overnight raising its price target and