Week. Export side of things helping things on the nikkei. The hang seng, another week of protests weighing on sentiment. Shanghai moving to the upside. Hopefully more on the way to support what is going on in china. Lets look at some of the moves out there. The aussie 10 year, huge rally, last week in bonds. The selloff taking place. A rally taken place. Five basis points. Platinum features, this is interesting. Much further up on platinum. That was down to this prediction you would see a nine he would see an increase. Crude, unchanged. Saudi arabia minister being replaced by one of the kings sons. That uncertainty is lifting up. Gold heading higher. Going in opposite directions. Thats all we have. The yields in australia are adjusting lower to the bad data out of the weekend from china. Clear that they will support the economy is the trade war intensifies. Taking a bigger than expected hit. Should i expect more from Central Banks . Unless you expect the chinese economy to suddenly sta
Markets where startups and Venture Capital wont even go because dominant players are so big. Now, the committee is saying that it is getting pushback from Internet Companies who allege that they actuallyvation and not well bring you all the latest back to you. Thank you well be back with you joining us to break down the are market action, megan, good afternoon to you lets check the markets. Dow is flat. S p down 0. 03 , and of course any positive close for those three would be a record alltime closing high megan, relative softness today compared to of late. What do you think is driving that part of it is trade we heard words from President Trump around the risk of higher tariffs and that is something that weve been particularly cautious about we did get a trade truce if you will at the g20 but nothing really changed there. And so i think that what we saw is a little bit of weakness from the market on the back of the reality that we could get higher tariffs down the road. But that is co
The Halftime Report with scott wapner begins right now. Welcome, good to have you with you on a monday joe terranova, we have the chief Investment Officer and adam parker, ceo, and we begin be the markets. The stocks under pressure this hour follow through perhaps from worries that the strong jobs report may keep the fed from keeping Interest Rates as much as some hoped. Throw in some bignamed downgrades and big picture, joe, okay, we said Morgan Stanley, okay, they have been negative no big shock right . Mike wilson sat on this desk and you have got his view. Now they say theyre putting their money where they their mouth is lowest level in five years big reason lower returns. Al plain and simple. Right call or not . I disagree with the call. Disagree with the call because im not certain first of all, Morgan Stanley as a Wealth Management company, im surprised theyre not giving you where are you going with this capital. I dont want to put it in cash, im not emerging market bonds and In
That dow ever close above 26,000 came after eight trading sessions youve seen four days this year where you have seen the dow going up 200 points or more. It only had six days like that last year. This morning futures are relatively flat. Dow indicated up 2. 5 points. Overnight in asia, china reporting Fourth Quarter gdp of 6. 6. 8 , bringing the 2007 gdp to 6. 9 we will get china bay book data at 6 30 a. M. Eastern time, independent Data Collected from businesses from china. Check out europe, where early trading is already underwa way the dax is up. In france, trading up by 0. 10 the treasury yield which we have been watching so closely, pushing above 2. 6 for the tenyear 2. 603 so we were at 25,000 and 1,000 points in eight trading sessions 1,000 on 25,000 is 4 think about 4 . What is every person say, sell side guy say coming on here. Mid Single Digits 4 . So either its more than that or there will be a lot of reversion of the mean. We did 4 already. I get a bit annoyed because its
Stopped short of calling them a pyramid scheme, what ackman hoped for. Said it would happen, the stock would go to zero. That language avoided and herbalife tried to frame it as an upbeat resolution for them. Heres what he had to say. They chose 0 negotiate a settlement with the harshest the ftc ever had against a pyramid xwee scheme. Misleading the market about what the ftc ultimately concluded. We think its a nice try, but its the herbalife, shut down by the ftc. They just havent realized it yet. Very harsh words from ackman but he went a step further. Accusing herballife, manipulating its stock, attempting to, planting stories with the media positive early friday morning before the markets open and before this ftc settlement was officially announced. Perhaps, although stopped short of saying it directly, encouraging carl icahn to speak positively and before all the facts were known and before the context, as he sees it, at least, of this, everything short of calling it a pyramid sch