Another bipartisan spending bill. The battle to replace Justice Ruth Bader ginsburg will be anything but bipartisan. The president said he will announce his pick on saturday. Joining us to talk about how the markets are digesting this news, bloombergs abigail doolittle. This is not what investors to hear. We got that big 200,000 number in the united states. 200,000 americans have died due to covid19. Talk to us about how investors are handling these continued mixed signals. Abigail that is a tragedy in the u. S. In terms of impact on the market, probably not so much. We are looking at the volatility on the backside of the huge rally in august. August was the best month ever going back to 2014. At this point, the nasdaq 100 where it was at the beginning of august. That slump that never deserved to happen according to some strategists has now been erased. Perhaps we are on a level Playing Field that on the day has taken the nasdaq and s p 500 down. You were mentioning the big drop for ap
How the sector is shaping up for the condensed Holiday Season, already december 2nd why jack dorsey is planning to spend a big chunk of next year in africa. Well discuss it even if we know nothing about it never stops us no as we enter the first day of trading in december, stocks are looking to maintain the upward momentum following what was the best monthly performance since june the nasdaq was the top performer over the three major indices its november gain was 4. 5 , jim, as we head into 2020, amazingly as that is we have to look at the likes of apple and facebook and the incredible gains and some of the laggards in technology it is hard to imagine amazon is a laggard, it has been performing as has alphabet. I think people should watch jpmorgan and United Health which bottomed at the exact moment when the of senator warren hit its peak i continue to believe like you do, david, it is way too early one thing i would say, there is no reason for jpmorgan to be up where it is, given the
The day. This is sort of translating over into the equity markets as well. The risk off tone continues after a 3 selloff yesterday. We got some of that tension in the last two hours or so, with china saying we violated the agreement given the 10 tariffs. They are vowing to retaliate. We have a read now on the u. S. Consumer. Walmart earnings are coming out. Let me jump over to that. The risk off sentiment continues. David earningspershare was a beat, 1. 27. Their target comps beat estimates, samestore sales. International sales were down a bit 1. 1 ,. A little bit of a leavening there. Also a beat on the revenues. Good numbers here, and it looks like in the premarket, it is up well, that has it down 3 10. My terminal has it up. Taylor i think it is because they are boosting their fullyear growth target. Analysts were hoping for a beat, hoping for them to shrug off some of the trade concerns and tariff concerns and boost that fullyear adjusted earningspershare growth. Indeed, that is wh
Headlines today. Cory johnson looks at googles efforts to speed up connecting to the internet in several u. S. Cities will stop peter cook has highlight of Janet Yellens testimony before the Senate Banking committee. Those stories in just a moment. First, lets get you the latest on ukraine. Ryan chilcote filed this report from key of. The Ukrainian Parliament has just ordered in a new government in the ukraine. Its job will be to prepare the public for snap elections in may and make sure they are able to get enough money from International Creditors to pay their bills in the meantime. U. S. Has ponied up a billion dollars in the form of a Loan Guarantee and the imf says they will send a delegation next week and they are ready to talk all stop but those loan issues are big ones will stop working billion dollars is what this country owes over the next 12 months. A lot of that money is due in june. I spoke to the countrys new Prime Minister and he says he can keep things together. We will