Trade talks in october and some disappointing data here at home. Home price growth loses momentum Consumer Confidence numbers fall sharply. We are covering all angles of the market and developments out of washington with bob pisani, eamon javers, and ylan mui, also standing by. First, lets bring in steve grasso from Stuart Frankel hes joining us for the entire final hour of trade. What do you make of the price action around these headlines around impeachment i think its what you said, it was the u. N. Presentation and then it led to a little harder stance on china and it went from there to the impeachment hearings or the impeachment process. And then when President Trump said hes going to release the transcripts, the market rallied. Because how incriminating could it be if they were going to release it, right right, they thought there was a smoking gun issue that was going to arise, so if he was going to release it, maybe that wasnt the case, and were back to the impeachment process ag
While futures are off their highs following the release of that complaint but we will still be up about 50 points on the dow, up maybe 4 on the s p, 4. 5 on the nasdaq. We were higher than that before the whistleblower complaint was released. We have come down a little bit but not that much. Look, this is going to be a very big day for politics and of course, for your money. You are going to see Speaker Pelosis news conference. Thats in our 10 00 hour. The speaker owns the impeachment process. She favors quote, a quick, narrow impeachment probe focused on ukraine. Hold on. Theres a great deal happening on the corporate front as well. First off, peloton goes public at 29 a share. This is another big name ipo which is losing money and its facing lawsuits from music stars who want more money for appearing on the peloton workout screen. We will show you the first peloton trade. How about this. An aboutface for mcdonalds. Yes, they are planning a meatless burger. Watch beyond meats stock go
Uk, keeping things pretty quiet. Light winds and dry weather. But this warm front dipping into scotla nd this warm front dipping into scotland is the cause of the thick cloud and the outbreaks of rain. Through the afternoon, the rain pulls away from mainland scotland, drifting towards the northern isles. More cloud for northern ireland, northern england, perhaps, and parts of east anglia. In the south, up to i9 of east anglia. In the south, up to 19 or 20 with the sunshine. Just 11 oi 19 or 20 with the sunshine. Just 11 or 12 for aberdeen. Through the evening and overnight, the rain moves away from scotland but the cloud lingers on. Patches of mist and fog possible across southern scotla nd and fog possible across southern scotland and northern england. Quite chilly with loads of three or four in rural spots. But a lot of sunshine first thing here. The mist and fog will burn back through the morning with a drier day to come for scotland. Sunny spells developing as well with a lot of fi
Is causing huge problems, so, yes, oui is causing huge problems, so, yes, our constitution is being stress tested by the necessity to proceed with brexit. Do you agree with that, alison, and if it is being tested, almost to destruction, what do we need to do about that . Is that something the Supreme Court is going to address this week, potentially . |i do to address this week, potentially . do accept that it is being tested, andi do accept that it is being tested, and i think it is because you are in and i think it is because you are in a very difficult situation, you have an issue that is very divisive, very strong opinions on both sides, and you have a strict time limit set out by the legal requirements of the European Union, so i can see the pressure, but at the same time if you are going to start thinking about a new written constitution, you need to think very carefully about what those principles should be and how they should work, and i dont think that is a job for the Supreme
Of man, which is why we have seen the severe flooding. We had around 74 the severe flooding. We had around 7a Flood Warnings this morning, it has dropped to around 50 for england and wales budget could be exacerbated by heavy rain and thunderstorms. The rain band across the isle of man, Northern England, slowly petering out, remaining quite cold and windy but an amber warning has been issued by the isle of man met sir vince and we have met Office Yellow warning is further south. It showers and thunderstorms the isle of man met service. Around 18 oi isle of man met service. Around 18 ori9 isle of man met service. Around 18 or 19 degrees the high, getting to be colder but at least dry and bright across Northern Ireland, there will be showers across northern scotland and Northern Ireland, some wintry showers over the high ground. The rain will clear away, it will be the coldest night of the season sofa, tomorrow morning certainly will be, because we have arctic northerly is associated wit