Tiktok. Thatow we are hearing thiller. And of 49 fortnite, apple says it is terminated ebix developer account. Developer account. A lot going on. The fed, the prime and a strut japan stepping down. Earnings. The ending of the Republican National convention. Walk us through what has impacted the day. So much and all of it ended in record high for the nasdaq and s p 500, investors encouraged by the fed latest policy shift, the idea that perhaps it is reinflationary in nature, stocks respond in kind. Apple, this is interesting, over the last two days apple is underperforming, down the last two days 1 , closing a little as were mentioning now, terminating the epic caliber account in the midst of the developer account went epic refuses to pay the 30 fee. That apple is standing up for that along with alphabet shows they are forcing developers to comply with roles. It will be interest rules. Im not sure how this would impact the bottom line for apple but it must not be all that much. You ment
Lets see how things did overnight in asia. Asia was leading the declines yesterday. This time a little different story. Nikkei closed up by 1. 5 hang seng was up by 0. 6 shanghai was flat. In europe, at least at this early trading hour, there are green arrows across the board. Barely hanging on for the ftse the dax and cac each up by better than 0. 6 looking at crude oil prices, at least right now, crude oil looks like its down 7 cents 55. 26. Couple big stories were watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesnt take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattels new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its fullyear revenue outlook. You are looking at both of those stocks now time inc is reportedly restarting talks to sell itself to publisher and broadca
Later on tonight, so want to bring in lewis gomer at the rally joining us now. Congressman gomer, all eyes on alabama all of a sudden. Its the center of the universe and it seems like everything is at stake. What do you expect tonight at the rally and tomorrow at the election . Well, i expect the rally to be terrific tonight, but roy had asked me to be here. I met him many years ago when he and i were both judges. This is a man of principle and i am just outraged and shocked at how many people who used to be for due process, something this country was about turning around and said somebody has made an allegation about Sexual Offences my word is that all it takes to lose an election . We saw fraudulent charges against ted stevens and he was tried a week before the election and lost by 1200 votes and cost him the seat and his life and look, i may be the only person here whose ever looked at a man in the eye and senate seemed to die because of what he did to a woman. I take those things v
Is that the great bill helping the middle class . Absolutely not. Dagen the house will vote on the bill later today, likely sending it to the president side or derisive procedurals not that his force the second vote. The snag over in the senate. Following the passage in the Senate Current futures are showing this happening in the markets. Slight pullback in the dow up 37 points. We are seeing possibly new alltime highs for all your major market gauges. Either way, you have highs on the transports earlier in the week. Literally every Single Market in the u. S. Has been moving in sync on the optimism from the tax reform package. Check in on england, france and germany, all the slave markets down two tenths of a percent. Asia overnight stocks mostly lower as well. The nikkei in japan up ever so slightly. I suspect in america the terror Group Warning of the new years eve attack as new York Governor Andrew Cuomo announces heightened security measures for the holidays. Uber dull people in eu
Agenda including immigration and trade. The president will deliver his first state of the Union Address. The theme of the address is building a safe, strong and proud america, which is exactly what the president has work to do during his first year in office. To get ahead of what the president will say in his remarks, but it will obviously be must watch tv. Maria will have full coverage and analysis of the state of union taking the podium at 9 00 p. M. Eastern time. Previewing and analyzing beforeandafter. Does making Major Investments here to the tax reform package. Exxonmobil yesterday announcing it will spend more than 50 billion in the u. S. A. To ask at its business. Good news for the American Economy for nancy pelosi insisting that threats to the economy of the darkest cloud. Republicans firing back through real hard about coming out. The momentum down today down 167 points concerning this morning over Rising Interest Rates weigh on investors. The 10 year treasury yielded to. 69