I was concerned its just me i understand why they are now. Bb tceo will join us exclusively to talk about whats behind the decision for the company. I get it, oo, very funny, everybody. Show starts at 3 00. I was here at 2 59 59 and were also looking forward to talk to kelly king about bonus checks he is cutting to employees. Today we have bitcoin in fturmoi falling 40 from its record at one point. Well tell you whats behind the pledge, and why one planner is shelving his plans to begin a Crypto Hedge Fund. Countdown to christmas tomorrow is the second busiest shopping day of the year and our reporters are standing by to bring you the very latest right now. Courtney reagan, where else . Shes in a mall this time in queens, new york, with more on how the retailers are faring this Holiday Season. Morgan brennan with is us here at the New York Stock Exchange looking at how the Transportation Industry has been handling the shipping rush and has one big retailer reportedly looks to buy a log
That is what ive been hearing. Lets look at the risk off tone in europe that is being hit the hardest. We are now at eight straight down days and have not seen that kind of streak since 2014, the dax hit particularly hard. A bit of a safe haven bid as far as bund yields. That does not feel like a risk off move in bunds. The dollaryen down 6 10 of 1 . The bloomberg Commodity Index down 3 10 of 1 . Not just oil and copper, the base metals across the board hurt. David now we turn to emma chandra. Emma Senate Republican leaders may have made tax reform a little more complicated. They decided to add repeal of the obamacare individual mandate to their tax package to help them meet the fiscal target but will change the vote calculations in the senate and house. Twice the senate tried and failed this year. The russians have agreed to restructure more than in venezuelan debt. The Credit Rating firm declared venezuela and its state oil company to be in default after missing payments. In zimbabwe
The vix much calmer. Gold taking a braek. Copper getting hit on that weaker chinese output data. Broccolithink jonathan withought the brisk back him. Morning break. Ur we have missiledefense talks in washington, and minutes from the wednesday. G out on walmart reports secondquarter results. President trump went into the weekend with a Foreign Affairs problem, north korea. He came out of it with two problems as white supremacist groups rioted in charlottesville. Joining us is kevin cirilli, bloombergs washington correspondent. Start with charlottesville. The present came out with a statement from his nonvacation. Immediately he got a reaction from his own party. And he thinks this problem within his own party can he fix this problem within his own party . He is facing criticism of several top republicans, including senator orrin hatch, to fully denounce the neonazis and charlottesville, virginia, over the weekend. Vice president mike pence made Public Comments last evening in which he d
All the way good morning happy monday and welcome to Worldwide Exchange, im sara eisen. And im wilfred frost. Good morning from me as well. Lets check in on the markets this morning. After a string of record highs last week sent the major averages up for a third week in a row, friday the equity markets closed near their highs. Transports turned in four weeks of gains for the First Time Since march under a little bit of selling pressure this morning, whether its profittaking or correcting off the move we saw, potentially some new risks entering the equation. Dow futures are down 32. S p futures down 6. Nasdaq futures down 10. S p down, nasdaq, russell 2000, small caps, s p 400 midcaps, which we never talk about, all posting new records last week. Check out some of the returns just since the election. Big returns, bigger even in the small caps. Theres the transports, which i mentioned, theyve been particularly strong, the longest run since back in march. The index gaining 8. 6 since elec
Fears and german retail sales were no good either. The roadmap begins with the market and were set to open deep in the red with dow futures down triple digits and the stocks are on track for the biggest monthly drop since february of 2009. And walmart set to open in the red after lowering guidance for the Current Quarter and amazon and google going in different directions. Amazon slipping after Fourth Quarter earnings miss while google moving to the upside after revenue topped those expectations. Well start, of course, with the markets. Signaling a steep drop at the open as stocks aim for their first down january since 2010. Investors still worried about the emerging markets after a drop in euro zone inflation shows recovery overseas is still weak. Thats not counting walmart, mattel, mastercard saying not such great things about the consumer. Mastercard had expense issues. I really love that company so i want to separate that. I think walmarts doing poorly. But i think, carl, unless th