Xerox lines up the bridge loan hp. Und its pursuit of citi, and bank of america are cash. Ding the and a checklist and change at the federal reserve. Former new york fed president dudley makes his case for a shakeup strategy kathleen, we are just getting news. Tle bit of breaking taking a look at the south korean economy. Were getting the south korean ovember surplus coming in at 5. 97 billion u. S. Dollars. 7. 39 goods trade surplus at billion u. S. Dollars for the november, falling from just over 8 billion in the previous month. Well be looking at that breakdown for a little more information in terms of how deteriorating exports would have played into that number. In the meantime, all the markets just opened in that open. Hong kong taking a look at the us. For were seeing some flaunk wagses in cash trade in sidney. . S pushing higher by. 1 while we are seeing futures looking higher for the nikkei led the after japan region lower on monday. You see the Retail Benchmark fall the most s
President trump is headed to battle creek, michigan, where he will host a campaign rally. An opportunity for the president to give his critique and assessment of that impeachment vote. Herd he already gave critique yesterday in a letter to nancy pelosi. What is the reaction on capitol hill to the president going after the speaker strongly . Erik to be candid kevin to be candid, it is business as usual. Both camps are docked in. I had one senior are dug in. I had one senior aide say we started this process with the expectation Speaker Pelosi would impeach the president by the end of the year and he would be acquitted in the senate. So far, that is where we are. Thanks to Kevin Cirilli reporting from the white house. We turn to Brooke Sutherland topping about fedex. Last june you said they fell out of a basement window. Brooke it has not gotten any better. It is the same old story. I think what his head scratching for investors is how have they not figured it out. They are still grapplin
Cutting back production of the 737 max. Could announce a decision as soon as today. The board began a regularlyscheduled meeting yesterday that is set to continue today just last week the head of the faa told us right here on squawk box that the 737 max wouldnt be cleared to fly before the end of the year u. S. Regulars then warned boeing that it had been setting Unrealistic Expectations for the jet to return to service further Production Cuts would inflate boeings costs and take a toll on Financial Results as fixed expenses would be split among fewer planes the ability to effectively amoretize all of those costs and would also be a real pushback on the company and on the companys ceo. To me, if there really is a production halt, then theres going to be a succession story that i think we havent had yet. The Ripple Effects of what that means not only for boeing but all their suppliers along the way. Thats a much the reason you halt it, i mean, youre just blowing money if you keep making
President trump urged his former secretary of state to help the clients of lawyer rudy giuliani. Syria. Of airstrikes in u. S. Senators lead the growing criticism threatening sanctions in response. Shery lets get you started with a quick check of markets appeared u. S. Futures being pressured right now, down 1. 2 after that South China Morning Post report that there was no progress made between deputy level talks between the u. S. And china. We have seen stocks pair back some of those earlier gains in the regular session in the afternoon as we have gotten another report saying that china is trying to play down expectations of progress. The s p 500 managed to end the session higher after two sessions of losses, gained. 9 . We have cap and Energy Leading the gains tech and Energy Leading the gains. Members showing a little bit more worry and concern over the growing gap between Market Expectations on easing and their own projections. To the u. S. Turning cpi numbers out tomorrow. Lets se
Oil saying washington tramples on basic norms, and from mining to the oceans. In a billionaire tells us his waste andt plastic see the future. And the Global Semiconductor market is not in the clear yet. How global trade tensions are impacting microns future, but first, lets get you started with a quick check of how markets close on this thursday session. We had stocks down, treasuries advancing. We started lower in the session, given that whistleblower complaint at the center of the impeachment drama in washington was released and that was not helped by the fact that we heard from a u. S. Official that potentially the u. S. Could not be extending that temporary wally suppliers to two huawei. The dow lost about two points. The nasdaq also down. 6 . The Energy Sector was also the biggest loser, despite the fact that throughout the session, we did see crude gain back some of those earlier losses after we heard that the u. S. Could be military equipment to saudi arabia. U. S. Futures at t