City this morning good morning for audience worldwide. This is bloomberg surveillance headed towards three weeks of gains in the s p 500 before we get to the weekend already looking forward to next week. Look at the lineup absolutely stacked, full of Economic Data. Wednesday cpi retail sales thursday jobless claims you got some retail earnings in the mix we will hear from home depot and walmart by the end of next week we should have a decent read on the American Consumer . It feels like every piece of data is choose your own adventure. You decide what comes in and what you think about this economy. Its been contradictions, ism goes into contraction. Earnings overall is great and gdp now tracker for percent. Make sense of that. Jonathan you all remember last tuesday fed might have to talk about raising Interest Rates in the wednesday meeting and then all of a sudden the cooler payrolls read whipsawed narrative from one side to the other. More fed speak later. Fed speak just repeat the s
Get up from here, israel tonight is at war and 300,000 troops, at this hour mobilizing and airstrikes intensifying on the gaza strip and hamas of the heaven run commits one of the worst terror attacks in israel, and history and 1500 at least are dead la so that amount and 11 americans reportedly dead and taken hostage, the white house and turmoil, and enriched our ron right is a run was plotting with hamas printed former President Trump hammering President Biden and plus news is coming out on how the democrats propose a rented danger for biden economics and the reasons now on a faster, for a new House Speaker and plus a trump team, gets a victory and i am Elizabeth Mcdonald the evening edit starts right now. It. Welcome to the show. Everybody get down with us here. Liz israel fails to destroy him also good and that is tray right there, any sort in the line of fire, and we have basically israels cutting of gaza in a total seizure and after hamas with the help of iran and others fired 35
, but overall stocks are indeed mixed. A little change after closing at record highs yesterday. A bit of a cause. Not unusual in this current market environment that we have record after record after record and little bits of causes in the in the middle. S we are not seeing those in the various industrial stocks. A lot of different news flow in this industry. Lets start with john deere, the tractor maker. Farm incomes are still languishing, but the cycle has now gone on so long that peoples equipment is wearing out, so they have to replace it anyway. That is driving sales there. Axalta coding, after a bit cell apart, those shares are rising about or percent. Rockwell automation on the flipside, spurning a third takeover proposal from emerson electric, saying it is still undervaluing the company, 29 billion is the current bid. Emerson electric shares up by about 2. 5 . Pricesg it out with oil this morning, a significant upward move in oil trading close to 58 a barrel for wti. That is af
Of ours. Actually 10 00 we are looking up on all the major averages i guess, yeah, looks like we are. European markets, you ask, we answer what are they doing jim . We trade with the good ones now. Whats that we trade with the good ones. All positive. Other than spain 10 year note right around look at that over 58 this morning our road map as well it starts broadly with stocks on track to open higher boeing boosting its dividend shares rising premarket. The plan maker setting a new 18 billion stock buyback plan and a mega mall merger. Buying the World Trade Center mall and new jerseys nearly 16 billion overall. What . We should have 3m just preannounced. Lets get to that too. Remember the other day a fellow was telling you to sort it it was ill advised. You were on him. I was all over him like a cheap kmart suit. Those are cheap. That was my first thing that i wore to goldman. They said get out of that corduroy suit. A day in which the fed will hold its final policy meeting of the year