Lower yet again. Nasdaq is coming off its first backtoback losses in three weeks. Nasdaq would open lower by 20. Dow down by 50 and the s p by about 5. 5. And the latest s p caseshiller report is out, showing 3. 3 gain in home prices during october compared to one year ago our road map starts with the decade long bull run stocks on track for their best year since 2013. Markets poised for a lower open on this final trading day of 2019 plus, uber and postmates sue california the ride hailing giant and Delivery Firm are trying to block a law that would require them to treat gig workers as employees. The ousted head of Nissan Renault fleeing to lebanon carlos ghosn saying he was escaping what he called a rigged Japanese Justice system. As we head into the final trading session of 2019, the dow up 22 year to date. The s p 500 with a 28. 5 gain and the nasdaq outperforming both indices jumping by almost 35 . Oh what a year its been i guess maybe were going to go out with a little bit of a wh
Good Tuesday Morning welcome to squawk alley. I am Carl Quintanilla with Morgan Brennan at post nine of the new york stock exchange. Jon fortt joins us from investor day for qualcomm, first one since 2016 a lot from jon throughout the hour, including a sit down with the ceo exclusively in a few moments. We start with tech on a tear, on pace for the best year in a decade, shrugging off mixed earnings concerns. Sectors off another record close. The dow is selling off, down 120. Buyers beware. Some say were set for overbought conditions when it comes to tech. We talk more about this and the market at large. The chairman of Global Internet banking, good to have you back. Thanks for having me. How do you put the run weve seen, especially in things like semis into context whats driving it . It is amazing, nasdaq up 28 , driven by bigger cap companies, apple up over 60 , microsoft up over 40 , facebook up over 40 to add to the point, semis has been a sub sector, up 58 , driving growth other s
Dave clark im allie rasmus. It is monday february 26th. And what a gorgeous weekend weather. We had it at. And it seems like it may be a little bit short lived. Lets check in with Steve Paulson to find out about the change. Its already over. Its already over. I did have the windshield wipers on driving. Yes, i had a little drizzle myself. Uh 40s and 50s on the temps. After a spectacular weekend, though, everything is changing. Low clouds are in place and a lot of high and mid level clouds will move in. I think well get some light rain, mainly south though, but by this afternoon this evening. The key though is coming down from the north. Thats going to be the big signature here as we go into the rest of the week here. And thats going to produce some heavy snow totals by the time we get to the end of the week and into the upcoming weekend 60s on the temps from above to below, just like that at all, right, 4 00 in the morning. Sal is here. Quiet. Something new. What uh, you know, i think
Representatives of the Auto Industry and an Environmental Group testified. Good morning. The joint subcommittee will now come to order. The chair to recognize himself for fibers for an Opening Statement. Good morning. I would like to think i witnesses for with us this morning. Today we are here to discuss with stakeholders the corporate average fuel Economy Program, or cafe, at the national highway Transportation Safety administration, and the Greenhouse Gas emissions standards at the u. S. Environmental Protection Agency that govern fuel economy standards. Nhtsas cafe program was established by congress in 1975. The goals of the program are to improve vehicle fuel economy, reduce oil consumption, and secure the Nations Energy independence. The cafe program has undergone major changes and modifications in the past four decades, both because of political and economic forces. Less than 10 years ago, and on top of the cafe program, the epa standards were created to incentivize the product
Pulled out of the Australian Open because of this long term hip problem. He is contemplating surgery now. What effect could it have on his future career . We will talk to you later. In the weather, darren, its been wet and windy and now its going to get cold. Yeah, we are going to get cold. Yeah, we are going to get cold. Yeah, we are going to look at the extreme weather we have been seeing in north america in the next hour. Here at home we are going to replace the cloudy wet and windy weather with something much colder as the weekend goes on. More later on. Thank you very much. Also coming up. The real italian job, a multiMillion Pound heist at the doges palace in venice. Thieves made off with several treasures owned by a member of the qatari royal family. Hello, this is afternoon live. I am simon mccoy. No change for five years thats the message to britains farmers many of whom were getting increasingly worried about what brexit will mean for them. The environment secretary michael g