Euro instantly snuff approaching the 110 level and keep an eye on the german 10year and the president s speech could have a Significant Impact and it really is very hard to read event. And certainly the bull market here in europe, sitting tight and waiting to see what comes out of it. Vonnie . Vonnie as we wait for the economic speech and powell speaking thursday, were joined by kumar, the Global Strategies president to tell us what we might expect. What could cause the markets to move today . You need President Trump to Say Something totally unexpected, vonnie. The usual things, the economy is doing very well, we expect growth to continue to be very rapid. Thats what hes going to say. And that hes making very Good Progress in terms of dealing. Th the chinese it he has to say hes going to sign an agreement on a certain day and hear some of the things he agreed to and on the other hand explain why it is the economy is going to do very well in the year 2020. I dont expect it. You ask for
Charles the dow nearly 300 point higher, topping 27,000 as big banks beat this morning. Third quarter earnings season has indeed kicked off with a bang today. Jpmorgan, goldman, wells fargo, citigroup, blackrock all reported ahead of earnings open this morning. Just the two banks alone, jpmorgan, they have got 10,600 branches. They give us a great view of domestic economy. Jamie dimon saying the American Consumer is going strong. What does that mean for the stock Market Going Forward . Joining me nuveen equity strategist bob doll. Thanks for joining us. Thank you. Charles so far so good for the week 23 S P Companies reported. 91 have beat. Wont be all that good but what are we getting so far. The strength of consumer. We have yet to hear from Manufacturing Companies where things are more questionable. We need stabilization in manufacturing here and overseas. Germany, china, pmis, the isms, get a little stabilization there i think we get a lift. Charles when jamie dimon this morning tal
If you go out early, wet and windy. By the time most of those stores will be opening, all of this will be out of here. We are seeing light showers becoming more scattered and moving south of san jose. As we go toward the 6 00 hour, looking closer, getting a closer look at san jose, still some sprinkles around allen rock. For the most part, it is moving south to the south counties and will be a wet and windy commute. As we go through the rest of the day, all of this clears. Its going to be windy and much colder temperatures. Well talk about how cold it gets as we go to the next few days. Vianey is tracking the crashes on the roads. When it rains, we have a couple issues on the roads. An overall look at the bay area, a couple minor fender benders and the crash on westbound 80 before you get on the bay bridge, there was a fast track lane blocked. It looks like its still blocked, according to chp. The latest report shows it is blocked. The delays past berkeley as well. Head on out if thats
Is that the great bill helping the middle class . Absolutely not. Dagen the house will vote on the bill later today, likely sending it to the president side or derisive procedurals not that his force the second vote. The snag over in the senate. Following the passage in the Senate Current futures are showing this happening in the markets. Slight pullback in the dow up 37 points. We are seeing possibly new alltime highs for all your major market gauges. Either way, you have highs on the transports earlier in the week. Literally every Single Market in the u. S. Has been moving in sync on the optimism from the tax reform package. Check in on england, france and germany, all the slave markets down two tenths of a percent. Asia overnight stocks mostly lower as well. The nikkei in japan up ever so slightly. I suspect in america the terror Group Warning of the new years eve attack as new York Governor Andrew Cuomo announces heightened security measures for the holidays. Uber dull people in eu
Hour of our tuesday already above average in many locations and heading up near records this afternoon. 77 degrees right now. Beautiful out of the lakeland auto mall in polk county, just a few high clouds and fair weather clouds welling on up. The predominant wind direction is out of the southeast pumping up some of that warm humid area. 80 in bartow. Venice check out the dew points low 70s already thats muggy stuff especially for this time of the year and youll notice that moving on through the afternoon hours. Theres your wind direction at about 10 to 15 Miles Per Hour. Already seeing gusts this morning up around 20 Miles Per Hour, so it will be breezy through the second part of the day. Max defender 8 is completely clear, breaking news this morning as the sun has risen over the Great Smoky Mountains in east tennessee you can see wildfires moving dangerously close to the resort towns of gatlinburg and pigeon forge. Both of those towns under mandatory evacuation orders. More than 30 h