13 points. The nikkei was down. Closed down by a half percentage point. You did see that stocks were higher in china. Hang seng up by 1. 5 then this morning in early trading in europe, take a look things are mixed stocks are slightly low ner germager lower in germany and france. Stocks in italy down by 0. 6 then you have crude oil. Crude Oil Yesterday ended up down back below 58. This morning its up, but still below 58, trading at 57. 57 to the story of the morning the closely watched senate race in alabama, Democrat Doug Jones is the apparent winner there, though republican roy moore is not conceding just yet john harwood joins us from birmingham he has that story. Good morning good morning. This was a very big victory for the Democratic Party first time they won a United States senate race in alabama in 25 years a big defeat for President Trump and his party. Look at the numbers. Twopoint lead for doug jones. Roy moore has not yet conceded he said gods in control were still waiting f
Your mad money couriers from the swift completions of our pointed rounds. Especially now that the dow gained. What can i say . It really is pretty much how i feel about tonights election. Oh, it is manageable. Like Everything Else thats been thrown at us as a country. Hey, were going to help you manage it tonight when our special coverage begins at 7 00 p. M. Eastern. Why do i say manageable . First, allow me to give you a couple of reasons intrinsic to the stock and bond markets during this 61yearolds lifetime of love for finance. And then we will talk about politics. And the standard republic to explain the u. S. Postal services hallowed motto. Lets start with 1979 when i bought my first stock at a time when the federal fund race was at 15 . Yeah, the one thats currently at half percent. Interest rates were high back then because we had ruinous inflation. We had nothing like that now. In 1979 it was easy to throw your hands up and say, nothing can work. Nothing remember, that was the
Expected to hold steady at 7. 7 . You have a few economists who revised their predictions, moving them higher after yesterdays strong adp report. Forecasters at Goldman Sachs are now expecting a gain of 200,000 jobs. Credit suisse is calling for 185,000 nonfarm payrolls and the u. S. Equity futures are barely budging at this point. Theyre going to wait and see what happens at 8 po been right now, s p futures are unfractionally. This is coming after modest declines yesterday following two strong days of gains. And, of course, the other big economic story were talking about this morning is the fed. The markets were surprised by the minutes from the fomc meetings. The notes showing several policymakers would like to stop the feds Bond Buying Program before the end of the year, citing concerns about Financial Stability and the size of the Balance Sheet. The news prompting some to speculate about an early end to the Central Banks fouryear Stimulus Program and the threat of higher Interest R
Final trades. Stephanie, you are up first. Thank you. 10 decline to buy. Josh brown . Break up from january, i buy it here. Good year tires reporting tomorrow. We like it. Brian kelly . Europe is not fixed. Can you short it. That does it for us, catch fast at five tonight. Tomorrow, broadcasting from Goldman Sachs and internet conference. Thank you for talking real estate and markets with us today. Follow me on twitter. Poufr power lunch begins right now. The second half of your trading day begins now. Iphone, ipod and ipad. But how about an iwatch. Apple doing what it did to the cell phone. Will it indeed be another gamechanger . Us airways, expected to an announce their highly anticipated mer anticipated merger this week. A down day for stocks but of course weve add big run. Is it a pause, pull back or do we rally on . We will ask Credit Suisses leader in private banking. Indicies are up. 18 stocks are down, led by home depot. But only by a fraction. Down 1 . A move in that stock of