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Into whether its time for investors to cash out or ride this bull wave for another year. And the house of mouse, yes, disney, do it again, adding a sixth movie to its 2019 billion box Office Machine as Worldwide Exchange begins right now good morning im dominic chu in for Brian Sullivan its monday, december 16th, 2019 more than stock futures in the green after another recordsetting session on friday. The s p coming off its 28th record close of the year the nasdaq coming off its 23rd as you can see here, the dow would open up another 55 points if these gains hold into the opening bell the s p up by 12 and the nasdaq up by around 36 points if you take a look at the bond market, we are seeing slight movements there as well. The tenyear note yield 1. 3837 . Twoyear note yield 1. 624 lets go worldwide in the asian trade. ....
Since december. A big day for housing. Well get new home sales in an hour. After an historic day which saw the dow fall minutes into the trading session before closing down 588, futures are serging. Chinas central bank announced its lowering the Bank Reserve Requirements by. 5 . Its the fifth time in nine months theyve done this. The question is what are we going to get out of it . I thought the more important story than the cuts of rates is that maybe theyve stopped the game of trying to prop up individual stocks. The stocks are just not companies that you would theyre buying sock pickup truck. Theyre buying web van. And i think whats going on is this may represent a more serious attempt by the Chinese Communist party to put people to work or something. They could spend their money fixing the sewer systems. Maybe theyll start doing serious work to help their ec ....
Slowed. Nat dak off by 1. 5 . Last week, a pretty good week for the markets, dow was up by 66 points for the week. Nasdaq was up by 1. 4 . If you look overnight in asia, nikkei, 0. 4 . And kospi up 0. 34 . Markets in Mainland China were closed. The european equities, the dax is off. Off by 0. 4 . Market is flat in france and london as well. A couple other big stories were watching today. Weve got a lot. On the economic calendar, the ism. Auto sales. Tomorrow, factory orders and the paychecks Small Business jobs index comes out. Wednesday, the adp employment record, ism Services Reports and fed minutes. Thursday, weekly jobless claims, friday, wholesale trade numbers and march jobs report. There are a few names of earnings this week, monsanto, walgreens, boots alliance, young china, beth, bath and beyond and constellati ....
Tripledigit gains for the dow, the s p and nasdaq are surging as well. Financials, industrials and the semis are among the best performing sections today. Check out the big movers at this hour. Footlocker is up more than 5 near session highs. Thats a big reversal from its premarket declines after the retailer warned. Then it got an upgrade. Its a very strange story, but the stock is up sharply today. Verizon under pressure after missing profit estimates this morning and snapon is rallying another 5 on its earnings beat today. Here is whats else happening at this hour, activists investor is turning up the heat in its fight with buffalo wild wings. Calling on that restaurant and chain to replace its ceo. The stock up over 5 right now as a result. And a day after being removed at fox news, our julia is reporting that bill oreilly is going to receive a maximum of one year salary as part of his exit. That salary has been reported somewhere between 20 and 25 million annually. And this is rea ....