Philippines down quite substantially today, around 1. 4 . Not really feeling your sort of risk on mood we had several days ago as well. Not to mention in case you missed it, the tie chin pmi numbers a little soft. I mentioned dollaryen. Dollar, the loonie was actually under a lot of pressure. Dollar, dollar, dollar, canadian dollar. Pressure on friday given the move we have seen here. The aussie dollar dipping below your . 70 level. As promised, very quickly, have a look at brent which is now back above 70. You have gold pushing 1600 an ounce. The entire crude your futures curve, you can look at it almost by the hair from the floor on friday. The longer end, and the reason i am pointing, the longer end of your japanese bond market seeing a substantial lift and the move back into haven place. These. Track all of yvonne our top story, the fallout from the killing of a top Iranian Military commander is widening. Lawmakers have voted in iraq to expel american troops and iran says it will n
Good tuesday morning. Welcome to squawk alley. Im Carl Quintanilla with Morgan Brennan and jon fortt live at post 9 of the New York Stock Exchange we begin with text stocks this morning and the continued rally in the sector, another record close, apple, facebook, and alphabet at alltime highs Jeff Richards joins us now along with james lee guys, good morning good morning. Good morning. Thanks for having us so james, im looking at tech stocks up more than 30 in just the last three months. A short list apple, tesla, amd, snap, spotify, zillow. You like facebook and byedo in this market, but how much can you like some of these names given how quickly they have run up yeah. Jon, that very good question we think valuation right now is still very attractive. Look at facebook coming to the year, a lot of investors are very concerned about regulations. I think as we get into the year, a lot of people getting more comfortable because some of the regulatory issues or policy that happened over th
The bay area. Many of the demonstrations pitting student groups on opposite ends of the issue. The event tonight to show support for people in israel. Good morning. It is friday, october 26th. Lets start with a check of your weather with meteorologist drew tuma. Good morning, drew. Good morning. So its one of our colder starts in several months out there. Live look outside from our sutro tower. It is clear out there. We have good visibility. But we are starting out on a chilly note. Look at these numbers. We are well into the 40s, if not in the 30s. Its 35 right now. In clear lake. Were at 43. In novato, 53 in san jose, oakland. Good morning. Youre waking up to a chilly 49 degrees. Take the heavy jacket with you outside this morning. Its one of those days where we have bright sunshine but were slow to warm. A cold front move through here in the Early Morning hours and in the wake of that front, we have cooler air that has moved into northern california. So later on today, its a mostly
Are startups with Stock Options because they cannot pay the high wage they give that is part of the incentive but in many cases they expire burden the irs hits them with a high tax bill there is no market to sell so there is no opportunity for them to leverage their opportunity to get a piece of the rock with Employee Ownership. This is already past. We introduced this bill together so things were including that here today is to very simple concept that the United States is on the forefront of innovation and promoting Employee Ownership the gentleman from minnesota yields back. Excuse me have a blade to ask unanimous consent with a letter from the mayor of calloused ago into the record. We recognize the property losses can be written off on taxes. I dont know if they do so then why did you grandfather in the hurricane victims . The current property tax provision is available to itemize that is available to them today but in the hurricane as we have done in the past with katrina over th
A concrete company says business is booming, two Home Builders rave about business. Broad Line Department stores just dont see it. Today the bulls clearly won the day. Dow gained 140 points, s p climbing 8 . Still recovering from that last day that was ugly. But theres no denying that this is a tough environment to navigate. Throw in the white houses seeming inability to get back on track after this 24hour leakathon, and you cant be sure where you stand in this market. Thats why going up to the feds june immediating, were going to have to hang on all the words of the fed. Case in point, monday when noted dove neil cash carry expre expressed epawill they cance each other out . Who knows, all i can say for sure is their utterance will dominate action this week. Bulls, remember you want the hawks to win out because we need the fed to bless the economy. The only Quarterly Report we get on monday, ajbilent, a, that compa if they disappoint, corporate buyers are out there. One of the one rum