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It is not only a big conservative majority giving a lift to u. K. Stocks, the pound is gaining, but this phase one, or at least something that feels like a phase one [indiscernible] we will not see extra tariffs on sunday. It is going to be a risk on mood to markets overall. I am delighted to be joined by a conservative party spokesman. What a win for Boris Johnson. What are the markets looking at . What will you deliver, as the tory party, that the market likes so much . What we will deliver is a degree of certainty. Weve got a working majority, and that means we can deliver a withdrawal from the European Union on the timescale that we set out, and we can get on with thrashing out a trade deal with the eu and investing in an infrastructure that will help continue the growth in the u. K. Economy. Francine if a Withdrawa ....
Overshadowing the iphone 11. Do either move the needle for investors . Plus, quote, bone heads, president taking on the fed, calling the extcentral bank naie and telling them to cut to zero. Is wall street afraid of Elizabeth Warren more from jim on what hes hearing from leaders in the financial industry about the 2020 president ial race start with apple, though, shares rising one day after the big product event, not only did the company unveil a new line of iphones, and other devices, created lots of buzz with news of apple tv plus that this is what tim cook had to say on stage. Were excited to tell you first shows will be available on november 1st and will be thank you and will be adding more apple originals every month and apple tv plus will be available in over 100 countries that launch and it is just 4. 99 per month for your whole family were going to talk to Morgan Stanl ....
Nejra welcome to surveillance, with another record on the s p 500 yesterday. We could have another flat day. What will earnings bring . Thanksunderperformed underperformed banks underperformed. The fed decision is a big focus point at the end of the month. Yearrday, we saw the 10 bund yield dropped the most in four weeks. Edging up a basis point. Coming up, great interviews for you today. The acting managing director of the imf, david lipton at 10 a. M. London time. We begin with citigroup vowing to keep cutting cost despite managing to save more than expected. Trading revenue dropped 5 , Investment Banking slumped 10 . The chief executive says this year it aims to return 12 on tangible equity. Nancy pelosi says the house will vote on a resolution condemning President Trump for his attacks on four female lawmakers. Says the comments wont distract them from pursuing their ....
On wall street, and squawk alley is live good friday morning, welcome to squawk alley. Im Carl Quintanilla with john fortt, Morgan Brennan is at post 9 for the hour, sara eisen is off. S p 500 tech sector is the best performer this year by a long shot, up almost 40 . The question is, will this continue into the new year mark mahaney joins us to start off the hour, just published his 2018 internet sector outlook mark, always good to get your take happy friday good morning, carl. Whats the headline on this one . Going into 18 we have three constant and one change. At least for the internet aspect, theyve been extraordinarily consistent and we think those Revenue Growth trends can continue into next year second, the multiples are the same they havent changed over the last three years, which should mean the outperformance ....
Another 32 points. The nasdaq looks like it would be down by 123 points. Again, this is across the board some rough times. If you thought you were going to see a rebound this morning, its not happening, at least not yet. Part of the reason what happened in china. Joe mentioned the shanghai composite plunging to a fivemonth low. Its now giving up all of its gains for the year. That decline of 8. 5 that came today follows a 4 decline from friday. Again, it has been rough. It has been difficult. Weve been watching what chinas trying to do. There is a general sense of not only a slowdown in china but also the idea that the Chinese Government may be losing control. Many investors had been expecting beijing to unveil more policy support over the weekend following last weeks 11 drop for stocks, that didnt happen and the disappointment over the lack of a move is evident. It is one of the big reasons for todays more than 8 drop. The re ....