It was an unusual decision. Kailey democrats unite sen. Sanders we are going to unite together. Kailey a Cabinet Reshuffle in the u. K. Takes a startling turn. Not someone walking out on the job. Kailey an exit interview with the outgoing Credit Suisse ceo tidjane thiam. Tidjane the true legacy comes after we leave. Kailey it is all straight ahead on bloomberg best. Hello and welcome. I am kailey leinz, and this is bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. We began with a familiar focus, assessing the spread of the coronavirus outbreak and measures to blunt its impact. The global death toll from the coronavirus has now topped 900. Hubei province posted the most fatalities for one day. Medical experts from the w. H. O. Heading to the epicenter of the disease with the agencys chief expressing concern over the spread of the virus among
Its the little saint nick. Its the little saint nick. Just a little bob sled. We call it old saint nick. Lauren Christmas Tree shining bright. Welcome to fbn a. M. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lets take a look at money. It has been a big market day. Lauren new records on wall street, despite boeing shaving 100 points off the dow. All three major averages closing in record territory, the dow hitting the 16th record close of the year, gaining 10,000 points since President Trumps election. Cheryl with apple and microsoft hitting alltime highs, weve got a mixed bag today. Dow is down by 32, s p only down by 1 andahalf and nasdaq still higher. Remember, yeartodate the dow is up 21 , nasdaq up 32 yeartodate. It has been a great year for markets. Lauren and in asia, rally mode yesterday. Optimism on the trade deal helping the shanghai composite in particular, up 1 and a quarter percent. Cheryl chinas economy looking kind of strong. The brexit cloud is lifting. L
Disney leaps in late trade with quarterly profit topping estimates as the lion king roars at theaters and theme parks stay strong. Kathleen lets take a look at how asian markets are opening. The asx 200, a little bit higher beenthe 6726, which had the biggest advance in three weeks on the market close yesterday. Now to nikkei futures, a fractional move higher. There is uncertainty about the trade war deal getting done. That will weigh on japanese stocks. Stocks had risen for a third day yesterday, but there could be a fourth, the kind of company that could benefit from this u. S. China trade deal. Stocks are looking about a half point higher, a little bit of hope there, and of course, the s p 500 why is it down . Because it was up so much today. The s p 500 hit that alltime high. From here, we will have to wait to see some fresh impetus for stocks to continue to rally. Lets get to first word news now with jessica summers. Jessica thanks, kathleen. The french president has attacked nato
Recession. Blockbuster have mr. Kudlow we have blockbuster retail sales. Most economists on wall street towards the end of the week had been marking up their forecasts for the third and fourth quarter. David do you think they had a message . Alix a little bit. That was just a little bit of the networks they were on. Markets, the question really becomes where are the actual recession fears, and where are we actually ok . You can see that playing out in eurodollar right now. Living a bit higher, we can take a look at where the markets are trading. After the news broke that germany is potentially looking at stimulus, specifically targeting job creation, that is giving a lift to the markets. David big news as we were coming to the air. Alix we sort of knew this. David but now they are signaling targeting job creation. Lets get to the morning brief, where we look at the week ahead. Home depot, t. J. Maxx, and kohls reporting tuesday earnings. We get to see the fomc minutes from the last mee
Moon landing. And the president of the National Association of Immigration Judges on the backlog of immigration cases in the courts. Immigration cases in the court. [video clip] 391n this boat, the yea are this vote is passed. Host the house on thursday passing legislation to increase the federal and mom waged 15 an wage tofederal minimum 15 an hour. They did so on a partyline vote. We want to get your thoughts on the efforts to raise the minimum wage. If you make 15 or less, call in at 2027488000. If you are a Business Owner, 2027488001. And all others call us at 2027488002. You can also join us on twitter at cspanwj or join the conversation at facebook. Com cspan. We will get to your calls in a minute. This is what the raise the age act would do, raise the federal minimum wage to 15 an hour, tie wagee increases to median growth. Ld apply to teen workers of theto a little bit debate on the floor yesterday between democrats and republicans. We will start with [video clip] my parents wo