Lets look at the boards. S pralia, new zealand, downgrading the outlook for australia to negative from stable. Open toand, increasing qe. Looks like they are willing to extend bond buying. The csi 300, still a little bit of pressure after the threeweek highs we reached yesterday. The nikkei, pretty much flat now. Like investors were taking this state of Emergency Declaration in stride. Saying we could be a very good chance of hitting a bottom. Watching currencies. Seeing so many go back to the yen. The rupiah just coming online. We have learned that jakarta ordered offices to close. They are also banning gatherings. The offshore renminbi still seeing a bit of weakness after we did see some strength. Yield, chinese 10 year we certainly saw the yield at 2002 lows. Tom now lets focus on the lockdown in the original epicenter of wuhan, which has been lifted. The situation is still far from normal. Complex restrictions are in place and there are fears of a second wave of infections. Darren
Point. Scarlett has been talking about selloff we have been seeking in oil. We were down but we are seeing crude dipping about 6 . Scarlet oil prices have been all over the map. Eventshis week, the scheduled to taken place, the Virtual Conference call that is on thursday. Friday, the g20 Energy Ministers meeting, where the u. S. And canada may start to play into the production cuts as well. As you were talking, i just down the up the dow smallest percentage move. It has been a long time since we saw the dow kind of close flat on the day. Pretty telling. Quite an amazing day. We have been talking about this all day, the volatility. No one really knows where anything should be praised. Still with us, we want to bring heinel, state street deputy cio. Lets talk about the earnings season set to kickoff next week, earnings season that people are starting to dismiss already. I am wondering what your expectations are, what you are expecting to hear, and how much stock you will be putting into
Taking that road, the top most aggressive cities when it comes to driving ranked. Boy is rahel solomon going to be upset about this one Worldwide Exchange starts right now. Good morning and welcome stock futures are pointing to another record open for the major averages as the dow looks to lock in the 22nd record close of the year. The s p on its 32nd record close. Since 2013, when it gained around almost 30 . If it can ink out another 0. 4 , it will have been the best year since 1997 so a big move. Major investor attention on the nasdaq after it closed above the 9,000 mark for the First Time Ever. Just 486 days after closing above the 8,000 mark the faang name playing a role in that move. You can see hear the faang stocks facebook actually up about 19 amazon marginally lower. Netflix down and apple a major driver for that faang outperformance more on that move to 9,000 in a moment lets go worldwide we are seeing markets opening since christmas. The shanghai about flat. Nikkei down abo
Since 97. The apple surge on track for what will be the best yearly stock rally in a decade. The company is in talks to buy japans displays primary smartphone screen factory. And tesla on a tear shares climb to above 430. The automaker expecting a rollout the first china made model 3s on monday there seems to be no stopping the year end rally stocks are on track to hit new record highs nasdaq as we said in the midst of the longest daily win streak since 09 after closing above 9,000 for First Time Ever. Watching 3249 as we said but 3259 would give you 30 for the year we only had two years in the past three decades with a 30 gain. Yeah, i mean the pace in the last i would say past couple of weeks has been relentless, sellers staying out of the way that has created this incremental move day by day. I do think we have this unusual situation where the year to date numbers are i dont want to say skewed, they are what they are, but it gives a little bit of a different impression if you look a
Posted thirdquarter earnings that missed estimates. We also have details ahead. Hack away. The u. S. Government says russia, china, and iran will seek to meddle in u. S. Elections going forward. How vulnerable are we . We get opinions from ethical hackers in our electioneering series. First to the top story, all about uber. Shares hitting a record low. Actions restrictions lifted. Years largest u. S. Ipo are now down nearly 40 since its may debuted. For more, walter joins us with in new york. With me and san francisco, Lizette Chapman who covers the company for Bloomberg Technology. Breakdown. What did we learn today . Reporter exactly what we expected. There was 1. 7 billion shares outstanding. A large swath of them have traded hands. Most widely traded stock today. Just sick ofle are waiting around for it to get better. We saw the stocks fall. There are some questions around when this could continue, considering a number of early investors are not underwater and could see potential u