Transformation which will catch every part of our society and our economy. And we will do it because it is the right thing to do. Investors want their say. Carl icahn turns hostile in its bid for hp and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. I feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u. S. President saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. The stoxx 600 reached a four year high. So very good dumomentum and you can see that there is a green board right behind me. All the majors are trading positive ftse 100 the outperformer up about 30 points. Good performance in the Mining Sector so that is the uk. Xetra dax up about a ten it th t as well. Pointing
The major averages finished the day at alltime highs thanks to Quarterly Results from some retailers which brightened the mood and which well get to in a moment. There were also incremental developments and u. S. China trade talks that investored interpreted as positive. Though as you know that changes from day to day. Here are closing numbers. The Dow Jones Industrial average 55 to 28121. The nasdaq gained 15. And the s p added 6. Now to this new report on the makers of opioids. According to a walgds a criminal investigation has been opened that role drug manufacturers and distributors played in fueling the countrys opioid crisis. The news sending shares of teva mallinkrodt and Amerisource Bergen sharply lower. Dow dpoenant Johnson Johnson down a Penney Meg Tyrell has thor to. T company are facing thousands of lawsuit over the role in the opioid crisis. Today another negative headline. The drug makesers and distributors disclosed receiving subpoenas from the u. S. Attorneys. That John
The United Nations is struggling to deliver aid to more than 400000. 00 refugees who arrived in the eastern chad from dar for since the month long conflict in sedan began, there are fears that thousands of children are at risk of dying from mil, nutrition, or media has adopted the statutes of the International Criminal court. I mean, use parliament ratified the rome statute on tuesday. The kremlin says it is not the sort of decision it expects from a partner. A shooting in thailand, capital has left 2 people dead. Several others were injured when a gun then opened fire. And im all in bangkok. Police said in a social media posts that they have arrested a 14 year old suspects. Tony chang has more from bank people inside the Shopping Mall reported hearing gunshots. People were told to evacuate the building. The Police Arrived relatively quickly as the timelines police had pulses is just about 200 paces down the road. They say they secure the area and a rest of the suspects. A 14 year old
Numbers out moments ago on the surge in ecommerce. 640 million spent online so far today, up 18 year on year we have Team Coverage with Courtney Reagan and Morgan Brennan. Courtney, to you first good morning good morning to you, carl so black friday certainly changed over the years, right, with the idea you can shop on thanksgiving day in the evening, you can shop online all the time, but its still going to be retails biggest day of the year somewhere between 30 to 60 of americans are going to shop on this black friday. Personally, i like trying things on and its really not that crowded right now, so i think weve had a good experience much easier to buy it and have it already rather than waiting for it to get here i went out last night with my dad. I like to get into the Christmas Spirit early, so as soon as thanksgiving dinner is done, yes, christmas, lets go out walmarts traffic was stronger than target, at least during the beginning of the door busters on thanksgiving day or night,
Now people are suggesting because of the weirdo incidents, cramer called them morons the vix is leading the market because people are selling to pay for positions they were in over their head on. Wouldnt be the first time the tail wags the dog. Is it the tail or the dog the answer is yes. Guys, take it away. Have a good couple hours. Thank you this is the closing bell, everybody. The final hour of trade has everybody focused on whether were going to go back and retest the lows weve seen this week. We have sort of, but is it enough thats the question. Is is it enough for the market another big selloff. The dow was down nearly 700 points at the lows midday, but we are well off those lows right now but that could change. Stick around as bill mentioned, we have higher Interest Rates. That could be one factor sparking selling another thing to keep an eye on, the u. S. Dollar hit a twoweek high earlier in the session before it gave background. Right now we have Team Coverage of this decline