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, and i am Francine Lacqua, here in london. Merger, with moncler s. P. A. Buying stoneham. If you look at stocks, near record highs, a hope for a u. S. Stimulus deal, tampered concerns about coronavirus, and of course on the brexit front, the pound is rallying as u. K. Prime minister Boris Johnson is heading to brussels for a teteatete with the british european negotiator. Luxury on is a new the block, moncler has agreed to buy highend luxury brand stoneham in its first major acquisition. Turning down a takeover approach last year. Joining us, i am delighted, it remo ruffini, chief executive director of moncler. Thanks for joining us. Is this a new luxury conglomerate that you will create . I am, actually, you know, concentrated on the deal, because i am quite concentrated on the deal, having said that, never say never, because last friday, when we decided to close, and i pre ....
Continuing to see those strong winds this morning to gusting regularly into a 40 mile per hour range for parts of the bay area. So thats something that you are definitely going to need to know as youre getting out of bed this morning youre driving to work going to be accompanied by a very noticeable breeze. This morning rc church our view is Crystal Clear and dry these are offshore winds so its keeping any sort of marine layer fog pushed out of the region where we at with winds right now will sonoma Calistoga Napa some of our notably more breezy areas well into a 20 mile per hour range for your wind speeds currently sandra fell Petaluma Santa Rosa also notably windy and will remain fairly windy throughout the morning too we ease off wind speeds gradually through the rest of the day and by the evening tonight were don ....
Probably not today ahead of another call between Commission President ursula and british Prime MinisterBoris Johnson. U. K. Banks and Home Builders suffered the brunt of the selling as the ftse 100 outperforms the spot 600 and the pound stays under pressure well, a very good morning and welcome to street signs, everybody. Our top story of the day, no surprise, brexit as talks enter the 11th hour. And we have plenty of coverage this morning were going to get into all the detail, all the latest in just a moment but i want to kickoff by showing you the Market Reaction because its been pretty interesting the moves weve seen so far. Starting with sterling, which is trading up 1. 5 versus the dollar, so current ....
1 trillion stimulus package heading down south, maybe. What Goldman Sacks is reportedly thinking of doing. Its monday, december 7th. This is Worldwide Exchange. Good morning, good afternoon, or good evening welcome from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us here is one reason to like this monday there are 25 days left in the year 2020. It cant get out fast enough can we agree lets see how your money looks now. Futures are down about half a percent down dow off about 133. Wall street coming off another good week for stocks the dow was up last week thats the ninth record close of the year on friday of course, its not just the dow. The s p and the nasdaq also closing at record highs. Thats the first time the three have done so at the same time three years. Thats an rbi for ....
And welcome to power lunch. Im melissa lee. Check out this rally right now all 11 sectors are in gree green. Taking a look at some of the stocks were watching. Salesforce is under pressure for the second day in a row, down about 7 in the last week as it gets set to report earnings after the bell and reportedly to make a deal. And we have exclusive data on how the bitcoin boom is boosting this payment stock first lets get over to bob for more on todays rally. Hey, bob hello, melissa. Good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. Bank stocks leading the way but technical stocks also. No dig selloff in tech that was also a november play there. Theres energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, Consumer Staples on the up side ....