International push for solutions and the game on south koreas baseball season restarts as the country eases restrictions on professional sports. India is launching one of the Worlds Largest repatriation missions to help hundreds of thousands of its nationals stranded across the world by Coronavirus Travel restrictions passenger jets and warships will be used to bring workers home back in late march india had suspended all flights into the country elsewhere the u. K. Has recorded another 693 deaths taking its toll past the 29000 that means it has now overtake initially as the country with the highest number of deaths in europe in home call restrictions are being lifted with cinemas and bars is set to reopen and secondary schools due to restarts later this month meanwhile in russia cases are continuing to spike more than 10000 infections have been reported now for 3 days in a row we start our coverage in india with Victoria Gate and. There are an estimated 70000000 indians who Work Overs
Right this hour, where there is still here one hour left of it. Good to have you with us here for closing bell. Im Contessa Brewer in for sara eisen today. It has been a big year for stocks the dow, the s p, the nasdaq all on pace to close the year higher by more than 20 well tell you which names have seen the biggest gains and with tech up by nearly 50 this year, well have an exclusive interview with Tech Hedge Fund giant, dan niles. Hell give you a peek into his 2020 playbook. Also, we didnt answer bills question lets do it what is your drink . Whatever gets put in front of me great answer. Very good answer, indeed mine might be an Old Fashioned tonight. We shall see but we have to get back to the show lets take a look at whats driving the show 59 minutes left. Were down 40 points on the dow. A little bit of rebalancing as investors get ready for the new year President Trump tweeting today he will sign the phase i deal with china on january 15 and Consumer Confidence data out this mo
Out of 650. Theresa may had only 317. That would be better than thatcher in 1979 and similar to the first mrp poll. A 48 seat potentially majority coming through. It will be a big majority. May be forced johnson has the option of taking a more flexible approach to the next round of negotiations. Cable up. Back to 1. 33. The average postbrexit referendum is 1. 30. We are not a million miles away from that. We have avoided the hard edged story if this is the accurate result. Is this . If we get past this tonight and move on of a conservative majority of this kind of size and think about how do we negotiate a trade deal with any use, that will be the next phase. Anna it would give him the flexibility to go back on a couple of brexit pledges. He could ignore the brexiteers. Yes, it was in the manifesto there would be no extension, but if you have this kind of majority, getting a trade deal any year will be hard. This will give them the potentially the flexibility. The bring in some guests
Walmart saying its seeing a slight pullback for certain Food Products because of those weight loss drugs. And disneys dismal run. The stock is back below 80 bucks a share, its lowest level since october 2014. Lets begin with a drop in oil prices. Wti on pace for the worst week since march, jim. We got down to 82. 35 this morning. Yesterday, biggest drop since may. The department of energy numbers were weak. Gasoline numbers were weak, the lowest, what, since 1996. When you speak to the chieftains of the Oil Companies, they just want to stand there and buy the shares because they dont think this is the right market. They think the higher price is the right market. I look at whats happened with oil, and i say, if you have retail weakness, if you have fewer people from student loans, fewer people going places, obviously, theres going to be a backup in gasoline, but i think this price is actually real. I understand that the Oil Companies want to buy back stock, but the oil stocks never wen
Of 1 . The Treasury Curve off the back commentsllen steepening just a little bit. Alix a little bit of a risk on feel except in portions of the currency market. The yen gets a good bid. , stephansshocker just a touch over 60 basis points. South of south of 58, 57, a lot of people denying what the yield curve could mean. My question is at what point did the yield curve become real for the deniers . The is it the number or speed . Crude prices are more expensive now than in two months. An interesting phenomenon. Time for your morning brief. The u. K. Delivering its autumn budget. The data dump, jobless claims, durable goods, and it 2 00 releasing the minutes from the last Monetary Policy meeting. Breaking headlines for you, Rockwell Automation rejecting the unsolicited proposal trump emerson. Rockwell rejecting the emerson. Ed bid from we heard potentially we would hear a bit come in as emerson tries to change its business. Cavalli put success of the deal says a than 20 as he different s