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julie hyman is in is in. julie: we are seeing a little in today, really a pause market of the moments. the dow is doing the best of the three-day averages. things may heed up over the course of the week as we get more economic data and a dozen s&p properties are still scheduled to report their earnings tomorrow. we ll be watching those. in today s session we are watching some of the last companies. quest diagnostics and lab corporation of the americas. late on friday, we got new information posted, final rates for medicare. they were posted late on friday and so they have implications for these companies. the final rates still suggested 8%. cut to the revenue in 2018. we are seeing a minute drop today. we are watching a big deal in the retail industry, or at least an investment. alibaba, $2.9 million is how much it is paying to buy $2.9 billion is how much is paying. walmart is down. it operatesbed, about 400 hypermarkets. are seeing those companies trade accordingl ....
we are under 30 minutes away from the end of the monday session. stocks are rising shrugging off the news out of germany today that coalition talks have collapsed. investors overlooking that. they think the german economy will continue to perform. on euro was lower by .6% news of the collapse of talks in asian trading. it then rose by the fifth of 1%. other options include a minority government option gauges pointing to a long-lasting effect of the german news. we are seeing yields declined today. commodities and cdf. crude hit a record and futures highs in the-year last couple of weeks. hedge funds are pulling back with the sense that the rally has reached its limit. middle east tensions taking a uncertainty looming over saudi arabia s choice to extend opec production cuts. just below 540,000 contracts in the weekend of november. the swissuro enabling bank to exceed its target for growth in new money for the first 10 months of the year. 17%ts under management rose at 3 ....
higher by 0.3% or greater. look at the nasdaq. it has been a little more beaten-down but today up more than 0.5%. the best day from the nasdaq since november 30.perhaps investors are feeling a little more certain around tax reform, d.c. drama and more. one stock that is helping the indexes today we will be getting to in a moment. this seems to be a continuation of the trump trade. here is this stock, general electric is up nearly 0.9%. this is after the industrial company announced they are cutting 12,000 jobs within their power unit. that is the biggest unit within their business, about 30% of the business. it is also the most troubled unit. the fact that they are flushing out the plan they gave back on november 13 to cut $1 billion in cost by cutting these jobs, investors seem to be cheering it to some degree thinking it is a solid first step in the turnaround plan. shares on the year down more for theiron peak worst year since 2008. the industrial sector is the top o ....
cuspfeel they are on the of what they feel is their first major legislative victory. in the last hour, they are releasing a poll that 47% americans feel their taxes will increase. i spoke with dave brat who told me he feels replicants have to go on offense to try and convince votes this is a good plan for them. it becomes a mess shaking messaging war. scarlet: did they try to delay this vote? it is not going to do much in terms of putting it off the table but they had tried to raise different questions. they surly did not want to make it easy for rubble gens or seem like they are just sitting on their hands. they staged this big rally on capitol hill. ultimately they probably want to tie the republicans to the effects of this bill in the 2018 campaign. they are saying bring it on. so unpopular?this when questioned, gop members say it is going to be fine three when the results come in and people start to see pay increases it is going to be fine. what gives them that ....
number. don t forget yields at $2.46. a tear, and crude a little bit down but still above the $61 level. david: emma chandra is here with first word news. emma: thank you. north korea has agreed for the first talks with south korea in years. the winter olympics are being hosted by south korea in february. north korea has assigned a delegation to the games. environment to ask the trump thenistration s fight trump administration s plans for offshore drilling. the obama administration gave up on drilling rights. in the u.k., productivity rose in the fourth quarter by the most in more than six years. still, british products is barely higher than 10 years ago. global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. i am emma chandra. this is bloomberg. david. david: thank you so much. time now for our daybreak first take. first up is of course a jobs day. second, continuing the new year tear, and third, the chip program has a ....