Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples
That company, Michael Evans, thats one you dont want to miss in the meantime, lets get to eunice yuan in shanghai. Well get to her in a moment eunice, good evening, good morning to you hey, guys well, its just past midnight here in china, meaning that singles day has kicked off and hundreds of millions of chinese across the country are going to be shopping until they drop. Maybe not necessarily until they drop, because they are probably at their houses online in their pajamas. Were seeing over the next 24 hours theres going to be a lot of shopping. People are talking about it on social media its a top trending topic. They are buying everything from smartphones, tvs, dog food one company said they are going to be offering a lifetime supply of chinese liquor for 11,111, thats about 1,700. This year there are more International Brands that are taking part than ever before 60,000 of them 7,000 american ones. And that includes nike, lululemon, macys, the gap, and estee lauder as you know, i
Lead the team. No word if it was christies close ties to two former aides and now convicts who shut down the George Washington bridge for political payback that played any role in his decision. Team fox business getting into place to report on the break developments but the markets are watching just as closely as we are on this friday. The nasdaq showing green on the screen since election day, first time weve seen that. On this 11th day of the 11th month, we observe veterans day honoring soldiers, sailors and marines for their sacrifice. And does businesses and you as a manager sift through resumes to fill a job on any given day. Navy veteran and super bowl hero Phil Mcconkey why we should all be hiring veterans . Hard facts about the positivity of hiring veterans. On wall street, the dow looking, doesnt have it for this session but looking for second straight alltime record, weve got our eye on oil too as it dips below 44 a barrel. To the end of a historic trading week, lets start the
Wrapping up talks with house and Senate Republican leadership. Lot of talk about that here. But trump and House Speaker paul ryan describing the meeting as, quote, a positive step toward unification. Okay, you can read not yet at unification, not all the trump news is coming out of d. C. Plenty of trump pepper at the salt conference. Thats the skybridge alternative conference in vegas. Former House Speaker john boehner departing from the current speaker and throwing full support to donald trump saying anyone who thinks donald trump cant win, quote, just watch. This is the trump Fundraising Team uses this very conference to strategize and raise hundreds of millions of dollars for the president ial race. One of the houses most conservative congressman reacts to trumps day on capitol hill. Congressman Nick Mulvaney here live along with ed rollins and Julie Roginsky, on all the a no republican side but wait until you hear what bernie is saying about hillary. Were not talking all politics a
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