Return. Cellent huge samestore sales beat at home depot. Now walmart out with a digital 97 at theirup online stores. Granted, it is a different a different mix than home depot. A stunning statement from the traditional of england, where i believe one and in will be shown the door. Anna they are hoping to do this through voluntary redundancies and retirements and the like, but they got to get to that number. Food was a bright spot at marks spencers. Obviously, the online shift on all of these retailers has structurally been dealing with prepandemic comes with costs as well for retailers. They need to reposition their businesses for a new world. Tom it is a really complex tuesday here on our simulcast. We welcome all of you on Bloomberg Radio and Bloomberg Television. Futures up eight. The vix is a stunning 21. 22. Unimaginable weeks and months ago. Really noting dollar weakness at 92. Ith the dxy give us the themes that you see this morning. Get to the week as well. Weve got an fx voice
33 points and nasdaq is up 92 and the s p is up 8 points. Yesterday the dow industrials snapping a 4session winning streak with decline of the session with 135 points and nasdaq down 76 and s p lower by 11. Warning on china that i reported here first, attorney general bill barr calling out American Companies for caving into the pressure from beijing. Bombshell allegation, 15 employees of the Washington Redskins said they were harassed for years. Mornings with maria is live right now. Maria in europe mixed moves, the ftse 100 is up 21 but cac quarante is down 15 and dax higher by 42. In asia overnight markets mostly higher with the exception of japan, nikkei average overnight down a third of a percent and the other fractionally moving across the board. Some of the top stories we are watching right now, John Hopkins University reporting over 77,000 new cases yesterday. 10,000 higher than the previous high. 969 deaths were also reported. Florida, South Carolina and texas all reporting the
Dragged down by the more powerful bond market taking 357 points, s p falling. 82 nasdaq advanced a basis point, stunning comback but lets not get too carried away, still the worst woke for the averages since the financial crisis the bond market is bigger than the stock market we dont talk about it because its boring. But its important to the direction of your portfolio. Everythings wrapped up in bond yields always has been. I learned that 40 years ago. There are multibillion dollar programs that sell stocks whenever those yields go down. Its form got as lows a 1. 1 today, closing at 1. 16 thats a record low level, signaling the economy is growing weaker, and quality investors hide money in fixed income, coronavirus supply chain the bond market is screams that the coronavirus is far worse than most people realize Global Commerce will take a real hit and it might even be something similar to 2008 when all hell broke loose i cant tell you whether the bond market is right im not an epidemi
From friends to frenemies, President Trump with a bone to pick with tim cook and something that has not been done since 2012. That and more as Worldwide Exchange begins right now good morning. Welcome to the show. What you are seeing are live pictures on your screen of our nations capitol where in hours, the u. S. And china will sign that highly anticipated trade deal set around 11 30 a. M. Eastern time Steven Mnuchin spoke to reporters last night weighing in on the news that the u. S. Will maintain tariffs on chinese goods until the completion of a phase two u. S. Trade agreement if the president gets a phase two quickly, hell consider releasing tariffs as part of phase two, if not, there wont be any tariff release. There is nothing to do with the election or anything else. No secret agreements youll hear more on sn from Steven Mnuchin on squawk box around 7 45 a. M. At 9 30 a. M. Eastern in a first on cnbc, National Economic Council Director larry kudlow will join squawk as well ahea
I want to mention a couple of upcoming events. On december 4th we have a news maker with Sheldon White house and on december 9th a headliners coffee and conversation with lonnie bunch. And i would like to present miss abrams with down of the most highly coveted items in washington d. C. A National Press club coffee mug. And finally, before your race, one of the things you were known for was writing romance novels. Is there another novel in the works . Oh im glad you asked. I technically still have to write the third novel in the trilogy that i stopped writing when i became democratic leader. Im going to get that one done, because i dont want to hear from my mom or sister again about this. Im working on a new legal thriller, and that should be coming out sometime in the near future. But its going to be under stacey abrams, because the other name is kind of known. Thank you for being with us. Thank you for having me. And we are adjourned. good morning, everyone. The committee will come t