Reporting afterhours all on the move as those Conference Calls are underway. Well bring you the latest details throughout the hour, but first, we start off with the markets, a record for everything the dow, s p, russell 2000, closing at all time highs. The dow posting at 26 record closing of the year. Check out the names. Not just the fang stocks price line, boeing, honey well, dupont, all hitting record highs, so do stocks keep grinding higher and where do you go from here to record highs you stay with name, five names, those are four, five names for quite some time. Steve isnt here hes been on this do you want story, but boeing for example, now, the Analyst Community is getting ready. Jpmorgan upgraded it to neutral from underperforming then today, bank of america, Merrill Lynch upgraded to neutral. Where have theybeen for the last year . Boeing reports next week my sense is that the numbers will be great. Valuations are neutral honey well, for the last five year, we want to own hone
Are soaring today after earnings were going to have ben axler who was sure to tell us what hes doing with the stock now. First, lets get to our Closing Bell Exchange for this day with the dow up 78 points in record territory samantha is with us. Shes at post nine with steve grasso from Stewart Frankel and rick stan telly, im sure is still reading over the feds statement that came out an our ago. Its very extensive there. You know, steve, we were talking last week about how even when a Company Reported better than expected numbers, the move higher for that stock was limited whereas if they came in below expectations, they were punished greatly this week, a whole different mindset it seems whole different script. When you come in with different numbers i think this market is really, i use the word torqued i feel it is torqued to want to trade higher waiting for an event to make it go all in. Last week we had netflix trade up 9, 10 after the print. Today, boeing, you start to see these th
With congressional interns. The report says kushner was responding to a question about special counsel Robert Muellers investigation into whether the Trump Campaign colluded with moscow. Including suspects generals in military pilots went on trial in turkey today. They are accused of leading last years failed coup. Theey blames followers for coup, and will try him. It killed at least 249 last july. The u. S. Secretarygeneral is urging all venezuelans to prevent further violence and push for lyrical dialogue. A Spokesman Says he is convinced the only way forward is a political solution. More than 100 people have died in protests against the president. Leading opposition figures were also taken from their homes last night, accused of violating terms of their house arrest. News 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Live from bloombergs World Headquarters in new york. We are 30 minutes from the close
Estimates of 6. 1 . In october, and the fixed Assets Investment can in line with investments, a. 3 for january 8. 3 in january through february. There has been some discussion amongst economists as how much curbs and house prices would have on peoples spending power. We have in inflation data showing a pickup in consumer inflation but likely that will see through the month ahead. 1. 8 is a positive in terms of what color policymakers are trying to do. It is marginally above estimates. When we are talking Industrial Production, we talking cement, glass, autos. Were going to get a breakdown of each of those components plan to that number. What comes to asset investment, were going to have to break it down and see how much the public state will have to step up its spending, because we have seen the state having to take the place of the drive it sector, which has pulled back on some of its fixed asset investments. We will get some of those details in the next hour. In terms of policy maker
Eastern european beer brands, helping the belgian beer giant inch closer to a take over. Unexpected strength in second largest economy. Chinese retail rising 11 in november while industrial outputs out performed. Good morning and welcome to street signs. We want to get to some data. Now what a difference a year makes. That is the key headline from the iaea latest monthly report of 2016. Having started the year with oil at 30 a barrel brent prices have rebounded almost 50 , boosted biopecks first output cut since 2008. If the partners stick to their pledges the oil market should move into the deficit in the first half of 2017. Tore more lets bring in neil atkinson. He joins us now from paris. Good morning. A word there if all parties in the opec and nonopec deals stick to their deals. Is that your base assumption . Yes because opec has come out with an agreement and thats been fold up with an agreement with nonopec producers. We got some fairly clear number. Were not forecasting what th