Night, caterpillar warning this morning. Money moving into the bond market. Yields lower by about two basis points. Time now for global exchange. And london to you new york washington, our bloomberg voices are on the ground with this mornings top stories. U. K. Prime minister Boris Johnson will Face Parliament after lawmakers blocked his plan to rush the deal into law. We now face further uncertainty, and the e. U. Must now make up their minds over how to answer parliaments request for a delay. Alix European Council president donald tusk earlier signaled that the eu was likely to do. In order to avoid a theeal brexit, i recommend eu 27 except the u. K. Request for an extension. For this i will propose a written procedure. Anna edwards is in westminster. Anna the Prime Minister is concerned. There are two paths that could lie ahead. One of them is to change the type of the existing agreement billed to give it another chance in parliament, to see if it can get support after its got more
Effect for all of the northbay. Gust of 240. Clinical conditions. I will time it out for you coming up. Is a busy drive. We have a broken down vehicle causing a bit of a delay. We are seeing some stop and go conditions. You can see all of that right there. Under 25 miles per hour. A trouble spot is there on the southbound side. Looks like they will issue a traffic alert. The number 3 lane from the left. We do have a trouble spot. Crash blocking lanes. Heads up on that. That 880 drive pretty slow it go. Reports of a new crash in this out there. Was like all of the activity is over to the right shoulder. The hours away from deciding to turn power off 2000s in the bay area. Our reporter is live with the latest turn. The potential for another Public Safety shut off is what closely tied to the weather. This latest update is good news. The number of customers who may be affected by potential shot of his dropdown. Including nearly 35,000 cross number. Is how it breaks down. Almost 27,000. San
500 today, Texas Instruments, down about 7 . Thats your biggest decliner in the Philadelphia Semiconductor index, dragging most of the chip stocks lower. A lot of folks thought that the decline in those chip stocks, the decline in that memory cycle, that hit bottom. The results we got out of Texas Instruments seems to suggest that bottom not quite there. And youre seeing bids coming into the havens. 10year treasury yield down to 1. 73. Its interesting, the bond bulls not deterred, buying the dip every chance they get. We dont look at bitcoin very often, but worth it today. Down about 8 , down to levels we saw back in june. A lot of this tied to whats about to happen on capitol hill today. A lot of concern here that some of the scrutiny surrounding facebook and leeb i cant, thats weighing on the bitcoin space, weighing on easter, tether, and a lot of other coins out there. Something to keep an eye on here as we move into the rest of the day. Guy well look for that testify. British pound
Capitol Hill Facebook hashares down 10 in te past three months. The risks facing the stock all in on apple. Two big price hikes. One, a new street high its our call of the day microsoft earnings after the bell the stock outperforming all the fangs over the past one year the traders take their positions. Halftime report starts right now. Good to have you with us on this wednesday our investment committee, joe, stephanie, the brothers najarian were going to monofacebook. A hearing going on on the hill there mr. Zuckerberg another big dayfor earnings steph, you own caterpillar missed they cut guidance. China story. This is b about weak demand in china . Well, it is, but nothing theyve said today was surprising and if you look at the sell and buy side, earnings estimates, theyre around 11 so the midpoint rath eer is about 10 48 so its not that much off. They destock 1. 2 billion of invenntory in a years time. I like the risk reward and the stock reaction is telling you everything you need
Hi, everybody. Glad you could be with us. Why not . Its a record rally. The dow is up about 200 points the s p right near its record high and it does briefly cross above its all time closing high. It is a day for the record books. Check out some of these housing related stocks they are one of the drivers in this market. I have all the paint you want, kelly. The u. S. And china making headway on a trade deal. Principals in u. S. China trade talks held a call this morning. A read out said the call made quote headway on specific issues and the two sides are close to finalizing some sections of the agreement. Discussions will g o on continuously china is asking for those december tariffs to be cancelled in order to move forward they like to see some reduks reductions in tariffs. They like to see some that are scheduled to go on very soon theyd like to see them not go on china really want to make a deal they will be buying much more product than anybody ever thought possible reporter behind