S p indicated up fractionally. The nasdaq up fractionally as well overnight in asia, the nikkei ended higher it was up by 11 points thats still a win hang seng was up by a quarter percent. So was the shanghai composite. This morning and in some of the early trading weve seen take place in europe, modest advances actually things are relatively flat the cac is up by 0. 1 . The ftse is flat the dax is flat. Well see how things react as we get deeper into the trading day. Lets look at crude oil prices crude was down yesterday this morning its back above 50. 50. 7 5 50. 70 Hurricane Maria is lashing the islands, and puerto rico is preparing for a strike Steve Mclaughlin joins us now. From 7 00 p. M. To 1 00 a. M. , this storm had winds of 175, were down to 155 this is a strong category 4. The eyewall a bit bigger, now on land, mainland puerto rico we dont get an official landfall until the center of that eye crosses land. Here are the implications. 150mileperhour sustained winds, gusts to 1
Controversial. Connell mcshane to spell out what is going on here . Reporter this is big one, for College Sports and a big business story as well. You hear wheeling and dealing under the table all the time in this area but were hearing about formal federal charges this News Conference will spell it out in detail. What were learning ahead of it, there are details we can go into the charges. Bigtime College Programs for one. I show you the names. First of names of College Basketball fans may recognize, chuck pierson, played in the nba, he is is assistant at all burn where he went to school. Emanuel richardson, university of arizona, Oklahoma State and usc. I have want to mention the name. Jim gatto big shot at adidas,ing director of Global Marketing. Adidas confirmed one of their employees was arrested. The feds alleged that some of coaches accepted cash bribes from an agent. We heard about things like that before but they say there was a scheme where the aforementioned jim gatto from ad
U. S. Equity futures have been indicated higher after the markets were down yesterday. The first time in seven sessions that the dow and nasdaq were down this morning a rebound from that these were modest declines yesterday and this morning s p futures indicated up by three. The nasdaq indicated up by 2. 5 overnight in asia, we have seen some gains in some asian markets. The nikkei up by a half percent. How many winning streaks is that 16 in a row that weve seen for the nikkei now trading at 21,805. Hang seng closed down bay half p percentage point in europe, as you look at some of the early trading, you will see green arrows across the board. Modest advances. Ftse up by 0. 4 . The cac is up by a quarter percentage point the dax up by 0. 2 look at crude oil prices looks like crude this morning is up wti up by 444 ce cents, brent u 57 cents. News out of Chinas Communist Party congress, members confirm president xi jinpings status as the most powerful leader since mao by writing his name
Taking shape. A bracket Battle Royale , dual ing mortgage deduction plans , a Corporate Tax delay, disagreement of possible faceoff with high tax state republicans and a carried interest challenge by democrats and among the fight both senator Mitch Mcconnell and congressman kevin brady in just under 72 hours. On the other side of the world a stark warning to china and our asian trading partners, the u. S. Will no longer be on the shortened of the trade stick. That coming from the president , coming up a major ceo doing business all over the globe, on whether President Trumps tough trade talks will end up really being good for business. The one thing that i do have just like miss liz claman is a kind of fire inside of me. That was retired Army Specialist Hugo Gonzalez giving me a shout outlast night in new york city but at the gala, it was all about the veterans like hugo who have made the near ultimate sacrifice for the love of our country. Coming up, specialist Hugo Gonzalez is with u
10year, we have Michigan Confidence on the way in an hour futures pointing to a lower open, the fate of tax reform and progress spooking some invest investors. Taking on netflix, disneys yet to launch screaming service. And forget black friday, the Worlds Largest 24hour Online Shopping spree getting under way in china today with more than 20 billion worth of sales forecasted futures are in the red looking to extend yesterdays sell off as uncertainty over tax reform appears to be taking hold on wall street the dows drop was first in eight sessions and both on track to post their first weekly losses in about nine weeks some of the coverage over the senate bill, mike says looms a showdown looms between the senate and house. I think the challenges are more in focus than maybe the potential opportunities. I do think yesterday interday, you definitely got that little ripple lower when it seemed like there was going to be delay in the Corporate Tax rate cut but in general, i think the market