Halftime report starts right now. All right. Welcome. Good to have you with us on this tuesday. Joe terranova, stover any link, and jeff farr is back. Stocks modestly mixed. We begin with four widely held names. While woe dont expect another 32 years, we also dont expect selling pressure given the runway of disney plus. Are more ahead i could see a scenario the next couple years it works its way up to 200 a share disney had an incredible year. They had 80 of box office, which is completely unheard of in the history of hollywood. They probably dont repeat that, and of course thats in the past, but you say to yourself what will change with the Competitive Dynamics of the Media Industry to knock disney out of the top position. And for me, its really hard to figure that out. Im not quite sure whats going to change. The popularity of their films has never been greater and theres no kevin there it was all old content they have two or three new shows. Then he think about the things like cord
Best performers in the s p 500 or if perhaps because Elizabeth Warren is walking back her proposal for medicare for all, interimhere would be an and the fact that Pete Buttigieg is pulling so well. Down about 2. 7 . Guy . Guy european stocks low but not down by much. Volume is like. We seem to have people trading on trade headlines that are risk off. We have yields lower and bonds are better. By half of 1 p against the u. S. Dollar. The reason for that is better polling for the conservative party. We will talk british politics shortly with joe swinson of the liberal democrats. Vonnie lets get to hong kong. Raging fires, tear gas, flaming vehicles have all gripped hong kong in battles between protesters and police. Of a are growing on a crackdown on protesters as police around a university. In the u. S. The senate is preparing for passage of a bill that shows support for protesters supporting democracy in hong kong. When do we expect that vote . We are expecting it at some point this we
The nasdaq is higher and the s p is well. Check out the industrial names knocking 52week highs today well have much more on these moves a little bit later on. China and the u. S. Are getting closer to an agreement, it seems on the first phase of the trade deal as both sides agree to cancel some existing tariffs. We have the details such as we know them from washington. As expected there will be a tariff roll back however partial is part of this deal thats according to both speaking on the condition of anonymity. The u. S. Has offered to host a state summit in january. Thats according to a source that spoke to reuters. That adds to a list of potential signing sites that included iowa, aklaska and europe the white house would still like the two president s to sign a deal sooner rather than later. They are hoping to reach an grem by next weekend when the apex summit would have been helded in chile. Why they acknowledge that deadline might not be possible, waiting until january will be see
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