Good Tuesday Morning welcome to squawk alley. You saw a live shot of north korea last hour, not south korea. We know the difference it is important to know the difference now a new year in hong kong, beijing, and taiwan. Heres a live shot of celebrations in hong kong. Theyre having a light show. No explosions in hong kong the last trading day of the month, the year, and the decade. I am jon fortt with me at post nine, again, Morgan Brennan and deirdre bosa. Carl has the rest of the decade, carl, take it off. If youre going to have a light show, hong kong is the place to do it with all of the buildings. Yes well begin with whats been a record year for tech it is on pace for the best year in a decade with the nasdaq crossing the 9,000 mark earlier. Household names like netflix led the charge, up more than 4,000 in the last ten years. What stocks are poised to make their own run in 2020 . Joining us now with some answers or some guesses, gene munster of luke ventures, john freeman of cfra
And bob pisani at the New York Stock Exchange hey, robert. Hello there, old friend narrow trading range were down second day in a row, but a small trading range. 16 points in the s p 500, maybe 200 points in the Dow Jones Industrial average the nasdaq, though, is eking out small gains. The dow gainers for the month, theyre still the gainers for the day. Look at apple, look at nike, look at sisco, all up on the month. The laggards, its interesting, the ones that are down in the month of december also down today. Boeing had a tough month even disney. They topped out the beginning of december, 153 now, 143. Visa ending down today a little bit here that was a big mover all throughout the end of december the one sector i would point out to you is the Energy Sector. Oil exploration product up again today. And you know all of those really beaten up small Exploration Production companies, witing, southwestern, all terrible year, terrible three or four years since the tax law selling seemed to
Demanded by the market. This view is not typical for our educational sector. We usually think about the competition of applicants for professorships. The view of the industry. And now we need to look at this through the eyes of business, through the eyes of consumers, and this will certainly allow us to remove some of the restrictions, but Business Needs to be more active. Historically large employers. They used the brand , took the best graduates to their place and trained them , thus saving costs by not touching the large mass of trainees. Now the situation has changed. We need to go into business in education. What growth points can there now be in the russian economy, what do our authorities now need to Pay Attention to during many sessions, and they are all just growth points. We have just finished a discussion about agribusiness, a couple of figures. Russia is now only 17 18 in the world and in terms of the volume of gross exports of Agricultural Products it is 40 billion, if we
And welcome to power lunch. Im melissa lee. As brian pointed out, disney shares getting slammed on the revenue miss. The stock is the biggest drag on the dow shaping off about 20 points off the industrial average. Energy and real estate the best performing sectors, health care and discretionary the biggest losers. Check out the big movers here, yelp about 20 , co it coty soar. Thank you very much, melissa. Welcome, everybody, to power lunch. Im tyler mathisen. Losses at the u. S. Postal service narrowing from a year ago. The ecommerce boom package to offset firstclass mail declining revenue there. And amazon slashing Free Shipping minimum requirement to 25 from 35 for nonprime members. Earlier this year walmart rolled out free twoday shipping for orders of 35 or more. And apple supplier foxcon will begin construction of a u. S. Plant in the second half of the year. We begin today perhaps understa understandably with washington and arguably the most highly anticipated White House Press
Bringing heavy rainfall. Really coming down across parts of the bay area. The front is dragging through. It will continue to move by, as it does you will get rain. The flood advisories along the peninsula, weve seen a lot of rain if a short amount of time and the cells are impressive. Look at the oranges and reds. That is the rain rate. Thats a threequarters of an inch an hour, thats flooding rain east of hayward and dublin. Heavy rain of an inch an hour. Thats impressive rain. It comes down that hard that can cause flooding. A break in between the showers. It will pick up. Along the peninsula storms in south San Francisco. You see that cell bringing heavy rainfall. Thats a significant storm sliding through that area. To the south, you can see that rain making its way toward palo alto and fremont. Heavy downpours. Bringing the rain total of an inch an hour. Thats flooding rain. There will be flooding on the roadway and places with pour drainage, continue to see the showers in parts of