A briefing set to begin any moment now about these new sanctions. Well bring you those comments live as soon as they begin. We may have to interrupt this next segment in the meantime. New developments on another big story out of washington today, the s. E. C. Hack you heard about this eamon javers has more. Reporter bill, thats right. This is a little bit alarming. The s. E. C. s edgar system is the Database Companies use to file Public Disclosure documents with the s. E. C. , get access to just about every piece of important Financial Information from Major Companies before theyre released publicly. Hackers apparently were able to get into that. Heres what the s. E. C. Said last night about this hack. They said that the incident happened back in 2016. It was originally detected that year but it wasnt until august last month in 2017 that the s. E. C. Learned this attack may have provided the basis for what they call illicit gain through trading, in other words, cyber Insider Trading. T
Has surged fast forward to september. This sector is surging as a former leader starts to solve it tonight we kick off the show with our ultimate game of, our favorite game, would you rather. Start of the show start of the show, out of the gate if youre putting fresh money to work through the end of the year, do you go with energy or would you rather say banks guy . Wow, thats a tough one i mean, kudos to tim seymour on my right, hes all for the energy move, good for him. Given the run the banks had, if we had started today from day one, i would say energy. Why . I think theres momentum behind energy look at exxonmobil for example today. Still closed up a percent on a rather tepid day for energy. It was impressive at the end of august when it held at 76. We flagged it then if youre asking me would you rather, which you clearly did, exxonmobil and energy. Wgi is down a percent while Energy Stocks were actually pretty good, as guy pointed out. Youre now in a bull market in a number of na
And good morning and welcome to Worldwide Exchange. Im seema mody in for sara eisen. Im dominic chu futures are shaping up to be a little bit more on the mixed side of things right now we are seeing the s p opening up just about flat if Current Conditions hold. The dow jones off by 4 points and the nasdaq up by 7 overall if you take a look at the equity picture, we are still hovering near those record highs. As a reminder the u. S. Bond market is closed today in observance of the columbus holiday season. We will have a deeper dive first, to some breaking news out of washington overnight. President trump calling on congress to fund the border wall as part of any deal for the socalled d. R. E. A. M. Ers. Nbcs tracie potts live in washington with more on that good morning, tracie. Hey, seema. Good morning, everybody. It did happen within a matter of hours. Not too long ago President Trump laying out hiS Immigration agenda for Congress Already overnight. Democrats are saying this wont work
Closing up for the fourth week in a row the nasdaq once again closing at another high and lets take a look whats been happening in asia overnight markets in japan and south korea are closed for public holidays. You did have the china markets open with the shanghai markets being closed after a week long holiday. That index was up by. 7 of a percent. In europe this morning in some of the lerl i traearly trading, like things are relatively flat. Slight declines, very slight declines in germany and france the ftse down. Spain is up by. 7 of a percent finally, check out crude oil prices and youre going to see that right now it looks like wti is down by by 10 cents still below 50 a barrel at 49. 20. Thanksgiving in canada. Today unless someone is playing a joke on me they tweeted that in there i dont know what that means exactly. Is it the same they didnt have. Turkeys, pilgrims thats our holiday, isnt it . One of ours. Come on, joe. It can be a totally different reason to give thanks maybe.
4 today hitting its lowest level in more than 4 years this despite the announcement that it is giving activist investors nelson peltz a seat on its board. With a techie dividend, widely held share base this might be one of the most tempting stocks to buy the question is simple though. Is this an ultimate value play or value trap . Guy . I would continue to say and i think weve been steadfast on this one, its a value trap. Now the good news i think today is heavy volume, yeah, traded 140 million shares typically trades about maybe 40 million or so. Thats a good sign maybe you flush a lot of people finally out of this name, but on friday while you were galavanting someplace and mcc was sitting in that middle seat, she asked a similar question and i said Thomas Edison could come back and run ge and that wouldnt save it ill say it again tonight. So are we getting towards interesting levels i would say yes. Only in terms of what we saw in terms of volume and in terms of what they saw you fo