London. Its jobs day. Eurodollar, the one thing we need to watch out for 1. 2051. That were expectations these equities would go higher. We are seeing a little bit of retrenchment out of u. S. Equities because valuations, a lot of people think, are more attractive. Kettneree if max scherze thinks the same. The u. S. Jobs number, 2. 46. We will ask him about brexit. Ask him about this rotation into bonds. In later on, we speak with will em buiter. I know he has a thing or tow to say about germany. Sebastian in the u. S. A bombshell book detailing the backstabbing in Donald Trumps administation is being published four days ahead of schedule. The white house has been defending Donald Trumps Mental Fitness for office, an i ssue raised in the book. If he was unfit, he would not have defeated the most qualified group of candidates the Republican Party has ever seen. This is an incredibly strong and good leader. Thats why we have had such a successful 2017. Sebastian north korea has agreed to
So, were not saying were going to see it this month, necessarily, but we are off to a down start for the month so far. Sure well get into that and market reaction. Plus, exclusive reaction to the selloff with pimcos bill gross. He has an eyeopening opinion of how investors should be playing this market. Hell tell us what keeps him up at night. The minimum wage is back in the news. We have a fast food worker walkout scheduled for tomorrow. The president was demanding an increase in the minimum wage. Today well talk to a major e c exective to a major food chain about what would happen if they were forced to pay all workers 15, which is essentially double what most fast food restaurants pay. What do you do . Cut jobs . Make burgers smaller . Sliders for everyone. With the dow off about 60 points, off the low of the session. It was down about twice as much at that point. The nasdaq only off about five points. The s p 500 off three. Interestingly enough, there have been some social media na
Happy. Food and dogs. Dennis christmas season, the tree over there. Dagen holiday tree. Connell i know. Iatollowing up. To start it off at the top of the hour at the Stock Exchange. Nicole good morning. Things are looking down again. The dow and the s p down four days in our row. We will s what hstapens between now and then, right now, down 56 points, thousand eight thirtythree. And the nasdaq composite down 9 points, a quarter of 1 . The big picture is everybody is moving to the fed. The fed keeper as soon as this month, there is a m ting this month and with economic news, better cdc dropped o begin tapering. The s p 500, apple a new high, cant leave that out. o i appen thank you. Connell the movement demanding a 15 an hour wage for fastfood workers which they organize these walk outs and stryes in a ht country and process activities in 100 more. Vid lee miller in brooklyn, new york with the latest. What is going on . Just about half an hours time the rally is expected to be held here
Be doing. J. C. Penney under pressure again, topsails coming in for j. C. Penney and the lot of analysts say those 6 months are theyre looking at markets, whether or not they believe some funding for next year. Cheryl thank you. Huawei adam the Worlds Largest carrier may be carrying the iphone according to the wall street journals china mobile, will likely author the phone later this month so what does this mean for companies . With more details and to break it down. To give some perspective, seven hundred million subscribers, the number of users of verizon in the u. S. So there will be potential for sales here who are expecting apple to rollout the i phone and on december 18th after the conference is on the go after so many years, largely tweet his things, the fact the Chinese Ministry announced, other carriers operate the 4 g network, so after the full year, the meeting with the head of china mobile in late july. Can apple explain its market share with the contractor, not likely tops