capping what has been a red hot year for ipos. and our weekly exclusive look at the stocks seeing the most insider buying by their own exec i hautives including a big company with a big time trade. it is friday, december 11, and this is worldwide exchange right here on cnbc good friday morning, good afternoon or good evening from wherever in the world that you may be watching. happy friday only 21 days now left before the year 2021 and by the way, happy hanukkah began last night. but we re still right now in 2020 and right now, here is how your money is winding up its year as we wind down this year futures are a little bit lower winding down a bit off 134, about half a percent for the dow. in fact half a percent for all the major indexes. as we pointed out monday, remember, yesterday was the day that quarterly futures contracts began rolling over for the s&p what does that mean? it is a little wonky, but it just means that we could see a little added volatility today as
1.5%. nestle shares sink at the start of trade as the swiss firm misses earnings and forecasts and scales back its growth targets, with the ceo telling cnbc he is disappointed by the results. year by year in this present-day environment it s much more prudent to give forward sales growth and guidance as we did today. on the defensive. cobham shares lose a quarter of their value after the british aerospace firm issues a profit warning for 2017 after missing full-year forecasts. the white house denies a wall street journal report that u.s. intelligence officials have withheld sensitive information from president trump, this as his secretary of state, rex tillerson, makes his international debut at the g20 foreign ministers meeting. good morning, everybody. welcome to the show. we ve got an hour together. very glad to be in your company. i want to get you some flashes that are just hitting our wires via dow jones. it seems that the deutsche boerse ceo has been giving
it is up 200 plus points because being cheered on by the reserve requirements in china. this is an internationally lyly oriented market right now. is that the idea? i apologize if i m repeating anything. bill pointed out the dow is up 217. let s skip straight ahead to the closing bell exchange and introduce our guests. joining us at the top of the hour to kick things off. we have price heedley, kate warren from edward jones. and our very own rick santelli. a welcome one and all. anthony chan the big news this weekend, we have to talk about a china rate cut. the u.s. central bank the japanese, what s the message to investors. central banks all over the world are coddling financial markets, coddling the overall economy. that s one of the reasons we don t get big corrections anymore. we get mini corrections. right after the chinese announcement on friday that they were going to go ahead and restrict margin trading. the analysts warned and said the financial markets would m
i finally figured out why we re playing pearl jam. amazon, microsoft, seattle. are they a grunge band? are they from up there. i finally figured it out. i love the quizzes they give us. i think of nirvana. pearl jam, seattle. i have that programmed in. i don t listen to it a lot. the pearl jam station? is it 42? no, is that the joint? i don t know because i have it programmed in. i think it should be myself i think it should be the pink floyd channel. no, no, no, i like pearl jam. no comparison. you re right. there is no comparison. amazon, you get up to 20 billion a quarter and you are able to make money, pay everyone, keep expanding. i don t see anything wrong by that. i was surprised by the decline in the stock price, too. it s just a little. the reason, they continue to invest. that s why the numbers are lower. it s not even margin based. on 19 billion, you should make more than $100 million. this is supposed to be the year amazon went
indonesia s political race. but some say it s too early to call. $7 billion in the works for citigroup. investigator look at paying out for mixed mortgages. coming up on today s show, croatia plays the game of tourism and looks to cash in on the huge success of the series game of thrones. and brazil s football coach luis ferarri describes it as the worst day of his life after the national team suffers an embarrassing 7-0 defeat. we bring you all the action from brazil. and the u.s. retailer the container store misses that america is now in the midst of a retail funk. find out what he has to say about shoppers habits later. sharp losses for the markets in europe, yesterday s trading saw the index in particular down at a seven-month low. we re currently switching between making gains and loogz them. the stoxx 600 down 0.1% right now. we ve now taken out all the year s gains, so relatively in change for that. the german dax relatively unchanged today. a bit of movement