Right this hour, where there is still here one hour left of it. Good to have you with us here for closing bell. Im Contessa Brewer in for sara eisen today. It has been a big year for stocks the dow, the s p, the nasdaq all on pace to close the year higher by more than 20 well tell you which names have seen the biggest gains and with tech up by nearly 50 this year, well have an exclusive interview with Tech Hedge Fund giant, dan niles. Hell give you a peek into his 2020 playbook. Also, we didnt answer bills question lets do it what is your drink . Whatever gets put in front of me great answer. Very good answer, indeed mine might be an Old Fashioned tonight. We shall see but we have to get back to the show lets take a look at whats driving the show 59 minutes left. Were down 40 points on the dow. A little bit of rebalancing as investors get ready for the new year President Trump tweeting today he will sign the phase i deal with china on january 15 and Consumer Confidence data out this mo
And we start in europe after 8 years at the helm of the e. C. B. Mario druggy is final policy meeting is famous 2012 statement whatever it takes to preserve the euro at the height of the financial crisis will go down in history successes leaves behind a divided governing council last month a 3rd of its members oppose his move to restart quantity of easy printing money to buy bonds from governments and companies as a way of stabilizing the euro zone. His final press conference that ended just minutes ago he was asked by a reporter what kind of advice he has for his successor Christine Lagarde heres what he had to say. This is the she knows perfectly well what would she has to do and by the way she has a long period of time ahead you know we should have to floor him her own view too good that we can go in council about what to do but the stop here really. So that britain sells it doing a financial correspondent in the front 1st who is listening to this full statement he leaves an empty a
Do and by the way she has a long period of time ahead you know we should have to form her own view to get it with a go in council about what to do but the stop here really. In a frank 1st who is listening to this full statement he leaves an empty arsenal there for his successor Christine Legarde a chemist spector change of direction from. Christine lagarde and all of her public statements so far has sort of mirrored drive these policies she said this sort of highly accommodative policy is warranted if you look at the european economy at the same time there are sort of these of these bigger questions of what d does Christine Legarde have at her disposal now you know mario draghi has really taken Monetary Policy to the edge of whats possible and theres a there are definite questions about that there are a lot of discussions about things like raising the limit of bonds that. The e. C. B. Could by cutting rates even lower but even in the press Conference Today mario draghi was sort of just
Stories on our website. Just log onto bbc. Co. Uk news. Now on bbc news, live to singapore for Asia Business report. Asian stock markets are retreating after wall street ended the day in the red over concerns ahead of us china trade negotiations. There is a new cheese executive, will they steer the trouble car maker back on the road to success . Good morning, either. Hello, well. Its a wednesday. Glad you could join us for another exciting mid week edition of Asia Business report. Im rico hizon. We begin with the ongoing us trainer china trade war. Investors feel anxious ahead of a meeting between the leaders of the worlds two biggest economies. As we leaders of the worlds two biggest economies. As we can see asia pacific markets are in the red. The nikkei down by fourfifths asia pacific markets are in the red. The nikkei down by four fifths of 196. The nikkei down by four fifths of i . Wall street ended the day in the red after the Trump Administration slapped visa restrictions on bei
Arachnids spider fighting is a filipino pastime popular on the gambling circuit but some fans are worried that their supply of brawlers could die out. Im melissa chan welcome to news asia thank you for joining us we start with a bloody 12 hours in afghanistan more than a 50 people have been killed from Late Wednesday into thursday across 3 provinces a roadside bomb in the Eastern Province of nagar a Taliban Attack in northern takar on a security facility and in the capital of kabul 3 bombings of which one the taliban claimed responsibility they said it was their suicide bomber who blew up a bus carrying government workers. So does the violence impact ongoing peace talks we asked journalist. Based in kabul we have to remember that you know a peace negotiation chicks both sides so one has never actually said themselves that it would stop the fighting while the peace negotiations are going on this is something that theyve started ever since 2013 when their office and opened and we also ha