Brennan and jon fortt at post 9 of the New York Stock Exchange stocks rallying today with that trade deal reaching phase one in the books. Banks, earnings season capped off nicely by Morgan Stanley dow closes above 29,000 yesterday for the first time and we see s p 500 up over 3,000 for the first time guys, good morning. Chris, the question ive got this morning is where do you find opportunity in a market thats been roaring like this . You look at the growth fund, also small caps are small caps a place where investors should be paying more attention . They arguably havent run quite as much. I spent the last two days meeting with about 30 companies, small to midcap. And the excitement in the hallways at the conference were quite good the opportunities are very specific, though i think you have to look at the end markets. You know, data center recover will be better this year 5g weve talked about, infrastructure and devices but we also see Software Security, clearly after the iran situat
Happened in the 1990s. Chris reyes joins us from lafayette. Chris, why is this just coming to light now . Good evening. Well this complaint comes days just after a new law passed in california that bill extends the statute of limitations in sexual abuse cases giving victims up to the age of 40 years old to file a lawsuit. The previous limit was 26 years old. That law took effect january 1st. So that might be why were just hearing about this case now. You know, theres certainly shock and concern and, you know, the principals would be better to ask that question because im not interacting directly with the parents or the students. We paid a visit to the high school where 54yearold Kyle Ann Wood was teaching pe and photography at the time of her arrest. We heard students there chanting free miss wood. Wood was arrested on wednesday night at her home in pleasant hill. Residents across the street from where she lives told us they were shocked to hear about what happened. They told us that w
Inauguration. Democrats say his testimony confirms a bribery charge. The white house says the democrats keep changing coats. Was there a quid pro quo . As i o the requested white house call and the white house meeting, the answer is, yes. Reporter u. S. Ambassador to the un you Gordon Sondland explosion new information on the future inquiry. He testified in the fourth day public hearing the white house conditioned a ukrainian phone call and meeting in washington on the country announcing investigations that president mean joe and hunter biden. He said the demands came from the president s personal attorney, rudy giuliani. Secretary. , ambassador volker and i worked with mr. Rudy giuliani on ukraine matters at the express direction of the president of the United States. We did not want to work with mr. Giuliani. Reporter at issue the democrats believe President Trump pressured ukraine to investigate the bidens by withholding military aid. Ambassador sondland said he assumed giulianis or
Tracking brexit law after the House Speaker blocked his bid for a monday vote. Kathleen the first polls are closing this hour in the Canadian Election. Prime minister Justin Trudeau looks set to retain power but lewiss parliamentary majority. Onto the markets and australia, where they have just opened. Sophie, what is on your radar screen . Sophie building on mondays gains, up about. 1 . Aussie bond yields are set for a fifth day of gains. Holding onto a fourday advance. We have plenty of updates from australia, including from Whitehaven Coal and oil. We are watching bhp this morning. The stock gaining ground, asding 35 this morning hile arein c preparing to halt operations. He restocks set to snap a threeday job. Drop. Over in korea, we will be watching for president moon jaein to delivering his budget speech later to the National Assembly this morning. The economy comes under more pressure this morning. We have Producer Price data from south korea showing further contraction, falling
Silence. Bloomberg will be covering those events through the morning. Alix 18 years. In the markets, you have seen the s p hold steady, but the churn beneath it has been quite staggering. A huge, unbelievable shift, added momentum into value since value weeen into have seen since 2009. Youre seeing some buying in the bond market. Yields down by about two basis points. Over in europe, couldnt decide on a bond bear or bull day. Time now for the global exchange, where we bring you the market moving news from around the world. Joining us are bloombergs enda curran in hong kong, in london, emma chandra, and Michael Mckee joins us in new york. The Hong Kong Exchange made an unprecedented 36. 6 billion offer for the london talk exchange. Bloomberg london Stock Exchange. Bloombergs enda curran has more. Enda obviously this is a very ambitious corporate transaction. , itably more importantly would be a real test of Investor Perception towards hong kong. Remember, this raises all kinds of questi