Open, wall street looks to close out a recordsetting week. Peacock joins the streaming wars, how comcasts forthcoming platform looks to separate itself from the streaming flock. Joining the four comma club, alphabet more than 1 trillion all together more than 17 of the s p 500. Stocks looking to hit new record highs upbeat news on the economy as Housing Starts rise in december to their highest level since 06 up 16. The and just to put that into perspective we are looking for an increase of 0. 4 amazing, and of course the commentary from tepper and druckenmiller over the past half hour has done a lot. Its fed in the same direction. Well pick apart if weather was a factor in the Housing Starts and the rest but that is when the equity futures took another leg higher when the numbers were reported comes after we got other good housing data its become very hard to decide that the headlines are going to get in the way of a market thats been on this autopilot higher the guys like david tepper
Accomplishment for the president. But, mixed global data offers a reality check as both german and french manufacturing figures miss forecast with germanys private sector contracting for the fourth month in a row. Shares sink after the Home Appliance maker warns bigger than expected hit from a plant in south carolina. A tasty deal iff will buy duponts nutrition and bio science business creating a consumer giant worth 45 billion. Well, happy monday, very warm welcome to street signs. Lets kick off the show with a fresh data point thats just crossed the wires. Thats the eurozone flash pmi for december for the eurozone as a whole the composite came in unchanged at 50. 6 that was the same level we saw in november. The manufacturing pmi, that flash 1 slipped to 45. 9. So slightly lower than the 46. 9 seen in november the services pmi, that rose to 52. 4 from 51. 9 in november so slightly more positive news on the services front, weaker news on the manufacturing front, which is really bang i
Cutting back production of the 737 max. Could announce a decision as soon as today. The board began a regularlyscheduled meeting yesterday that is set to continue today just last week the head of the faa told us right here on squawk box that the 737 max wouldnt be cleared to fly before the end of the year u. S. Regulars then warned boeing that it had been setting Unrealistic Expectations for the jet to return to service further Production Cuts would inflate boeings costs and take a toll on Financial Results as fixed expenses would be split among fewer planes the ability to effectively amoretize all of those costs and would also be a real pushback on the company and on the companys ceo. To me, if there really is a production halt, then theres going to be a succession story that i think we havent had yet. The Ripple Effects of what that means not only for boeing but all their suppliers along the way. Thats a much the reason you halt it, i mean, youre just blowing money if you keep making
Into whether its time for investors to cash out or ride this bull wave for another year. And the house of mouse, yes, disney, do it again, adding a sixth movie to its 2019 billion box Office Machine as Worldwide Exchange begins right now good morning im dominic chu in for Brian Sullivan its monday, december 16th, 2019 more than stock futures in the green after another recordsetting session on friday. The s p coming off its 28th record close of the year the nasdaq coming off its 23rd as you can see here, the dow would open up another 55 points if these gains hold into the opening bell the s p up by 12 and the nasdaq up by around 36 points if you take a look at the bond market, we are seeing slight movements there as well. The tenyear note yield 1. 3837 . Twoyear note yield 1. 624 lets go worldwide in the asian trade. It was positive, although a little more muted. You can see there the nikkei in japan, off hang seng off by half a percent. Shanghai, stocks rising to a sixyear high. Data h
President trump making a move likely to spark a fight for the west wing. Trade tensions rising again as new tariffs again overnight on the largest trading partners we are not talking china it is friday, october 18 Worldwide Exchange begins right now. Good morning happy friday and welcome to the show hear is how your money is opening up the dow off by about two points so relatively stable the s p 5001 away and the nasdaq 2. 2 away. The bond market now moving ever so slightly on the other side for stocks twoyear note yields just below 1. 61 let us now go worldwide in european trading we are seeing a little more red than green dax up. 1 cac off by. 7 and the same for ftse and mib as well in asia, can you see the nikkei up about. 2 3ers and the hang seng down. We had breaking news overnight the latest read on the chinese Economic Situation it is now slowing to the lowest level in decades eunice, what can you tell us about these numbers. They were pretty bad. The consensus is that beijing i