We will look at the reports across the Global Supply chain. Hsbc puts 35,000 jobs on the chopping block. We will find out what the bank is doing to graphs to grapple with the outbreak. Today, you had a drop in the major averages like the s p 500. The chipmakers getting hit the hardest. This is an art this is after apple of course said they would miss quarterly revenue numbers. Means is a flight to quality, you are now down about 23 basis points or so, very curious. Where they think value is for the 10 year. As around day 180 or so. Yield on the long end, that threemonth 10 year now inverted. The most inverted we have seen it since the beginning of the month. A fairlyis going to be busy day in this part of the world. His hollande new zealand trading already. Futures looking flat in australia as well. Metals, one of the big iron ore minors is reporting earnings. Also crown casino. Gold is priced in gold priced in australian dollars is a record. Currencies, the u. S. Dollar performing fai
Vote the presiding officer anyone wishing to vote or change their vote . If not, the ayes are 94. The nays are zero. The nomination is confirmed. The majority leader. Mr. Mcconnell could we have order in the senate. I ask unanimous consent that the cloture motion with respect to executive calendar number 550 be withdrawn. The presiding officer is there objection . Without objection. Mr. Mcconnell i further ask that following disposition of the davis nomination, the senate resume consideration of the vegan nomination and vote on the combination, confirmation. If confirmed, the motion to reconsider be considered made and laid upon the table and the president be immediately notified of the senates action. The presiding officer is there objection . Without objection. Mr. Mcconnell i ask unanimous consent that following the disposition of the biegun nomination, we resume consideration of the house message to accompany 1158. If cloture invoked on the motion to concur on the house amendment t
Lunch starts right now welcome to power hundred mp. Indices hitting high caps today. Draw your attention to shares of netfl netflix. The stock jumping nearly 4 . The giant breaking out details on its International Data showing growth in markets like asia pacific, europe, middle east and africa. Thank you very much. Sharing of boeing slightly lower right now after being down 11 of the previous 13 sessions thats a streak. Impact of its shutdown of the 737 max production on the economy, not just on boeing. It will be a big deal. Tyler, it may be hard to imagine. The negative effect could be larger than last years government shutdown. The production is off as much of a half point mar began stanley looks for 0. 8 to grow. The problem is the First Quarter was looking weak now coming closer to 1 instead of the forecast 1. 6. That would make it one of the weakest growth quarters in several years. Growth expected to rebound on production but when is an open question Morgan Stanley writing in a
Friday, an incredibly strong job market and an economy. Maria bingo. Dagen i want to point out, there was a Consumer Sentiment report that came out from the university of michigan on friday, seven month high on Consumer Sentiment. Virtually none of the respondents, zero, or 1 of the respondents mentioned impeachment. You have wages that are growing in the november report for production and nonsupervisory workers, the growth in wages was near a post recession high, up 3. 7 . Thats higher than the overall growth rate of 3 . What does that mean . It means that income inequality is shrinking in this country. Thats what people feel. Thats what if anybody you talk to, theyre not talking about impeachment, theyre not talking about oh, what did trump say and wringing their hands about that. They know they can get a better job, they know they can get higher wages. Maria thats absolutely right. Dagen theres safety and security in their finances. Thats what matters. Maria incomeen equality, ive b
Saudi aramco ahead of the market debut and the Worlds Largest ipo. And masa son speaking out. Worldwide exchange begins right now. Good morning and welcome to the show, fs friday, december 6. Im in for Brian Sullivan who is in vienna, austria hell have the latest in a few moments. Lets take a look at what is happening with stocks. Major averages are lower for the week the dow is on track for the worse Weekly Performance since midaugust but things are shaping up positively. The dow will open up about 75 points s p up by 8 points and the nasdaq up by 29. Ticki ticking slightly hire 1. 797 two year at 1. 59 . The nikkei up a quarter of one percent. Shanghai half a percent as well. 1 gains for the south korean kospi. Posting biggest weekly events. And in european trade, a big miss in Industrial Production seeing the biggest drop since april falling 7. 7 estimates were calling for 0. 3 rise ftse 100 in the uk up three quarters of one percent. Looking at top stories today insurance giant Pho