Five, probably four. Looking at five very seriously. I will make a decision on either friday or saturday. Charles President Trump announcing his plans to replace Ruth Bader Ginsburg on the Supreme Court, pushing for a vote before election day. Can it happen, should it happen and what happens when it happens . We tapped the best legal minds at fox news for the answers. All that and so much more on making money. Charles so, folks markets opened under very big pressure this morning continuing to move lower as investors are grappling really with a confluence of concerns including washington, d. C. , turmoil, exacerbated by the untimely and tragic death of Justice Ginsburg. A lack of fiscal aid package, great he contested election and covid19 spikes in europe causing concern here in the United States. We have jack ablin and michael lee strategies, michael lee. Michael, i want to get your assessment on the selling that were seeing. Maybe it is found a sort of intraday bottom. Certainly some
Anna relief in hong kong . The hang seng stormed toward the close after reports the chief executive carrie lam with withdraw the controversial extradition bill. Boris, beaten. U. K. Edges toward a snap election as a cross Party Alliance moves to block you know deal brexit. The antieasing brigade. Noc rosengren says he sees need for immediate policy action and the chorus of voices against bond buying grows at the ecb. Good morning. Matt good morning. Less than half hour from the european open and looking at the japanese yen to see what kind of effect the removal of the extradition bill is having on risk sentiment. This is a threeday chart. Maybe a little easier to see what is going on in those terms if i put it in a oneday chart. The yen is weakening. More willing to take risk after the extradition bill has been removed. That reaction should show you how important these hong kong protest have been to Global Markets. Look at what we are expecting in todays trade in the European Equity in
That era would have been impactful. He was the guy who put their ideas into steve jobs pushing him through to make them products now at a point their products are less revolutionary and more evolutionary i know a servicedriven model less about every year some really slickly designed new hardware device. Five years ago the stock would have been down 5 on this news i think youll see a sort of muted reaction. Youre seeing it down only around is which i guess is surprising what im concerned about apple they would be some trade war dynamic but a competitor around 600,000 does that a iphone could do. The other part of this would be app store and do people need to go to the app store and talking about that Services Revenue to what extent are there alternatives out there if anything apple has been on a regulatory pressure for that very dynamic those are the things that have me the most worried. Dan pointed out no evolution under jony ive the last number of years and evolution people are talkin
Stocks giving up early gains ahead of the tax vote. The dow transports did manage in an intraday record high before turning lower. Energy and Consumer Staples the best performing sectors. Real estate utilitys the biggest laggards as we are seeing the biggest rise in the ten dayyearold darden restaurant rallying, beating earnings estimates navistar is soaring to 10 the truck maker comfortably beating profit estimates revenues also beat navistar calling 2017 a breakthrough year of the company. Shares of chicago iron tanking, being bought by Mcdermott International for 6 billion in stock. The two companies provide construction and Engineering Services for the oil and Gas Industries that stock down almost 7 . Thank you very much, melissa. Welcome everybody, im tyler mathis mathisen we begin with breaking news. The house all set to vote on the big tax bill in the next half hour the biggest change to the u. S. Tax code since 1986 or thereabouts. It will affect every business and every househ
Seeing broadbased gains here. The cac 40 in france up 4 10 of a percent. The dax in the green as well. The ftse 100 up higher by 6 10 of a percent. Italys ftse underperforming slightly. It is pretty much flat. Overall you are seeing a lot of green on the screen. Assetshave a look across at how this is shaking out. A lot of green with the equity space. Space, we were seeing dollar weakness earlier, but it has recouped some of those losses. What that means is that sterling is on the back foot having gained earlier. The euro has also given up some of the games from earlier, trading flat at 12288. It has not moved much despite the fact that mario draghi have been speaking before the european parliament, answering questions as well. He did say that the fx market did warned some attention, but overall he has been treading a neutral stance when it comes to growth and inflation in the eurozone. Lowerlds generally move in italy outperforming more than the corporate in the metal space more than