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Apple hacked in china. This time the app store. Apple says it is working to address that problem. And as alibaba marks one year as a public company, the final lock up on share selling expires. Will the stock see more pressure today . Stocks poised to open sharply higher, looking to recoup losses from fridays selloff which did include a 290point drop on the dow. There continues to be buzz over the feds decision to stay pat on Interest Rates. Earlier this morning, st. Louis fed president jim bullard who didnt have a vote at last weeks meeting said he would have dissented, then he said this i have a message for your friend cramer, the fed cannot permanently raise stock prices. Hes one of the great people at looking at businesses, how good is this business, whats the profitability of the business, whats this thing worth. And, you know to have him cheerleading for low rates 24 hours a day is, i think, unsavory. Also said a number of ot ....
Industrial production. Michigan sentiments at the top of the hour. Theres a look at crude back about 47. Our roadmap begins with ge beating the street on earnings, but what about nelson peltz . Companies such as yung, wyn. Alibaba making a multibillion dollar play for china. General electric up 29 cents a share in the Third Quarter held by demand for jet engines and power turbines. Ceo jeff emmeltz said ge performed well. Oil and gas revenues down 16. Power and water up 1, aviation up 5. I like the quarter. Plain and simple. When i see 4 organic growth, thats going to be among the highest of the Big Industrial companies. Its been the best performing industrial so far this year. I think jeff immelt, the transformation is truly happening and it is real. This is obviously Conference Call, we have the date, we have our repor ....
Manufacturing contracted for the tenth straight month, and contracting at a faster pace. And this ban on Insider Selling will end in a few days. China put in some Circuit Breakers that remind me of 87 and they didnt know how the Circuit Breakers would work. They encouraged selling, not discouraged it. The communist party can be late at figuring out what to do. I would not count them out in terms of their ability to manipulate the market back up. One thing is certain of 2015, in the face of bad economic data, the market did not react because the communists propped it. They have abilities to stop selling, including making it criminal prosecution. It could be criminal again to sell. That we all know thats true. Could be a White Collar Crime once again to sell. ....
Did dip below 40 per barrel on west texas intermediate, we saw that move happen for some of the big energy names. That is certainly a part of the market to focus on as well. Numont mining is one of the bigger names out there. You look at yamana and some of the other goal miners. Theyre also doing well. The gold miner etf also performing well in todays session. As we watch, were going to focus, guys, kayla, kelly, john, on Interest Rate sectors. Also whats happening with gold prices and gold miners, and those opec headlines and that big oil trade today. Some of the stocks will be a huge focus. You know, apple, one of the big strong guys today. Its not necessarily an nyse related stock that we talk about all that often, but it is still a dow member even though its not perhaps traded here, so thats something to watch. Back to you. Thank you so much, dominik, on the floor of the stock exchange. Technology as a sector has gone positive ....
This is typically an interesting trading week. You get some moves. The european markets were in the red last time i looked. London not open. Boxing day, right . Yes. Boxing day. Whatever that is. Thats where you give the staff money. Its called a christmas box. Thank you, that helped me. And the tenyear note yield. Crude oil which has been such a key to the markets is down thats the biggest move down in a few weeks. We rallied strongly. Rallied strong last week in wti and in brent. Brent fall beg low ing below wt. Amazon said it added 3 million prime members in just the week before christmas. Amazon had a great week what about the other brickandmortar stores . Where are all those return gift items going this year . Potentially important story moving forward, valeant ceo is taking medical leave. The stock is down 6 on that news. Well have the latest. Futures moving lower as we head into the final trading week of the year. Crude oil down 3 following last weeks rally. Overnight in china, ....