plus an increase in news coronavirus cases, declines are being led by tech. microsoft, amazon and apple all sharply lower today. thomas peterffy is the chairman of interactive brokers he s our closer today coming on the heeled of the tie-up will he now sell his companies we ll ask hem later in the show. clearly coronavirus, again still only down just over 1% the markets overreacting i think if you do the math, basically if you lieu that only represents about 1% of the earns of the company no indication that this is nothing but a short-term problems let s get on the base stories. seema mody steve liesman tells us what the fed is talking about. first, let s start with seema. that safe haven play is certainly evident in different parts of the market. one standout is shares of the post 5 a new record high, up 7.6% certainly outperforming on a day. a pause in the u.s./china trade relations. according to our ceo deere did address the coronavirus, expecting freight costs in
you re not hanging out with all that wrapping paper, maybe you re dashing to the stores to return the lovely things you got. boxing day, right, in canada and in the uk, the day after christmas? make so many emails about final clearance, 70% off so if you re shopping are having fun with your family, a lot of us take this time to think about what we are going to do, start of the new year. a lot of people think the new year is truly the best day to start something new. however, experts say just wait a while. researchers at washington university in st. louis say spring is truly a time of new beginnings and it can be easier for us to change our behaviors than. one psychologist calls it the spring renewal. he says cold weather and shorter days of the winter make it tough to stick to those vows to be fitter in new york and it gets rain and dark at 5:30. i like the idea of waiting until spring. something that different cultures and religious have look to in the past, like passove
the stoxx europe 600 pretty much flat. we did have a bit of a move on the u.s. 10 year yield, currently up 1.82. we had renminbi, a little move actually that became a bigger move, strengthening past seven since the first time since august. s&p futures gaining some 0.2%. ourng up, much more from exclusive conversation with the goldman sachs chief executive, david solomon. he talked about negative rates, the industry, and of course, about trade. let s get straight to the bloomberg first word news. u.s. tariffs is what china wants before president xi signs a potential trade deal with president trump. ft reportsafter the to grease the wheels for an agreement. washington is reporting removing some tariffs on chinese imports. now to the u.k. election campaign. prime minister boris johnson and opposition leader jeremy corbyn trading barbs. the house of commons elected its new speaker, mp lindsay oil. hoyle. he was a member of the labour party but is now not affiliated with a party
be pulled. tobacco flavored will have until may 2020 two file for fda approval. semper cisco s banner vaping products specifically calls for the spikes to undergo fda approval. a supervisor that corrode the legislation says that san francisco s ban has everyone take a closer look at e cigarettes. we have all seen the impact of what you singers can do to harm communities. they are also considering proposition c with what he calls reasonable regulation. the campaign releasing a statement saying we fully support any effort, locally, statewide or federally to keep flavored nicotine and tobacco products off the shelves and out of the hands of kids. we also reached out to san francisco based juul labs, and their spokesperson sent a statement saying we strongly agree with the need for aggressive category wide action on flavored products, we will fully comply with the fda policy when effective. it s likely that some e- cigarette manufacturers will challenge this latest ban in cour
it will likely increase the cost of doing business though, which is problematic because uber and lyft have never been profitable. uber s legal officer says they negotiated in good faith, and their offer gave driver access to sick leave and injury protection among other things. establishing for the first time ever, a guaranteed minimum running standard that would provide stability for drivers while allowing them the flexibility to earn more and to work whenever, wherever and for whomever they choose. west said the vast majority of the drivers don t want to be employees, and they are disappointed that lawmakers couldn t reach a compromise. if governor newsom signs the bill, which he is expected to do, it will go into effect in january 1 of 2020. the bill creates exemptions for dozens of businesses. now lyft highlighted that in this statement saying the fact that they were more than 50 industries carved out of ab 5 is very telling, we are fully prepared to take this issue to