Nasdaq above 9000 for the first time. Ry lets get used to lets get you started with a quick check of how markets closed. It was a holiday shortened week, but we saw some markets adding to those gains, those record highs, so the s p 500 was led higher by consumer companies. Nordstrom, macys, jcpenney all advancing. Not to mention u. S. Jobless claims fell to a threeweek low. Today the biggest gainer after saying this Holiday Season was recordbreaking. That surpassed and closed above 9000 for the first time, but usp stocks under u. S. Stocks under a little pressure at the moment. Lets turn to sophie for what to watch. Sophie that post christmas lull. Low japanese futures nudging higher. Some green chips could top this, which snapped an eightday drop. In tokyo, we watch for reaction to a report that the president of three Japan Companies will step down following scandals in the insurance unit. We are also keeping an eye on retailers across the region after amazon reported a recordbreaking
The pound is leading the way across the u. S. Dollar. Thes up about 0. 7 against dollar. It is time now for the global exchange, where we bring you todays market moving news around the world. Our bloomberg voices are on the ground with todays top stories. Lets start by going over to hong kong, bracing for more this option after christmas protests led to clashes between demonstrators and riot police. Igh joins us on the telephone. Give us a sense of what is in store. It sounds like theres more planned for friday and going into the new year. Karen theres protests planned for this evening in an area of the city that has seen some of the worst protests over the past six months, and again over the weekend in an area near the chinese border. All of this is leading up to a day, rally on new years led by organizers that have led some of the biggest protests since this began. The level of anger we are going to be seeing at the clashes willen protesters escalate, and we are looking for what this
Last we checked. Markets are coming online at lake jakarta in the last hour. Taiwan, down one and a half percent. 19,000 on the hang seng index. It jakarta coming online as well and there is a lot to get through, everything from china, weakness across asia fx, 30 year bond option looking ahead to. The inflation print of the United States. What are you watching . Yvonne you talked about u. S. Inflation. It is interesting to see yields are lower on the back of yield options. Many were thinking this would be a selling week. It goes to show there is demand and it is looking solid overall. What fixed downgrade . It seems investors are overlooking that so even if we see in inflation overshooting if it is marginal maybe it wont change anything in terms of the bond rally. China is another discussion. Inflation, what does it mean for the world economy. Theyre going to be front and center to really engage where the consumer is. Rishaad growth in commerce revenue and we had four consecutive decli
Today again. Its confined to the north bay in the far reaches. And that is the area of concern. Thats where we have a Flash Flood Watch in effect for lake, mendocino and humboldt counties. You have to think about this. 300,000 peopleplus live in those areas. You are going to receive up to 6 of rain by thursday evening. Also, the soberanes burn area, thats another area of concern due to mudslides. So right now lowlevel moisture. You do need the umbrella. Kind of hazy conditions. Temperatures we are into the 50s and later today topping off in the 50s and up to about 63 degrees in san jose. Also in oakland through piedmont into alameda, 63 tri valley, and fremont. We are going to track the incoming system. Well talk about how much rain you should expect and plus, gusty winds, as well. First heres roqui. Thank you, roberta. That will affect the roads too but lets start off in richmond. Westbound 80 before el portal a threecar crash blocking two left lanes so we have some slowdowns in the a
Where speeds pick up to 30 Miles Per Hour on 580 westbound between north tracy boulevard along 580 westbound to the Altamont Pass that will take you 34 minutes. Now moving over to richmond, the threecar crash is moved to the shoulder causing backups beyond highway 4, thats westbound 80 before el portal drive in richmond moving at just 19 Miles Per Hour. Down westbound 80 to the bay bridge toll plaza heres a live look at that heavy traffic. The maze to downtown will now take 33 minutes. Roberta . Roqui, you know what i call today . I call it a get it done day. Check your windshield wipers. Make sure youre ready to go on thursday. Also, batten down the hatches at home. Now what im talking about. Those snow globes out on the front yard, the santa claus inflatables, bring them down. Well have a high wind watch tomorrow morning through thursday night. A bit of a haze over the area right now. We have some heavy drizzle. And we have a passing shower primarily to the north bay and out towards