Then i saw her face. Now im a believer. Not a trace or doubt in my mind. Im in love. Im a believer. Cheryl you can believe it or not, it is friday, welcome to fbn a. M. Good morning, everyone. Im cheryl casone. Lauren good morning, and National Unplugging Day sounds fabulous. Cheryl dont turn off your television. You are going to see red arrows right now, its been a volatile week for the stock market. Right now, the dow is down 44 in the premarket, s p is down 59 and three quarters, nasdaq down 177 and change. But all of the major indices, despite plunging more than 3 yesterday, get this, we are up for the week. All the averages up between 2 and 3 for the week. Lauren lets take a look at the 10 year treasury yield. It is now down another 16 andahalf basis points, 0. 747 . That is a new alltime low. Cheryl lets take a look at oil and gold. We have seen a couple things happening with oil. Opec, theyre pushing for production cuts, obviously theyre seeing pressure on the price of oil, 44,
Making money. So the dow retreating here, crossed the 29,000 mark for if first time ever, pulling back just a little bit. The other indices are higher this as the jobs report coming in with some positive reinforcements i think about our booming economy. Here though to help me break it down is Phil Blancato and also brian wesbury. The jobs report, brian, your overall theme for that and what it means going into the new year. 144 is weaker than last months 266. We had a few minor downward revisions, but anywhere from, you know, around 150 to 200,000 is enough to keep the Unemployment Rate down. This year the feds not going to be raising rates. The tax cuts and deregulation are still kicking in. Profit margins are high because Technology Keeps reducing the cost of delivering goods and services, and when you put that all in the bucket, i think this economy not only accelerates this year, it is not going to grow 4 . But earnings are going to go up 10 to 12 percent, and that means the stock m
I would walk 500 miles. And a i woul i would walk 500. Just to be the man who walks a thousand miles to fall down at your door. When im walking. Yes, i know im going to be lauren happlauren happy mon. Welcome to fbn a. M. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren taking a look at how your money is moving today, investors telling to sell, into this new week. Dow futures are down 187 points, twothirds of 1 , s p down 22, nasdaq futures giving up 73 this morning. Cheryl oil right now, we are up again. More than one and a quarter percent after rising the last five weeks for that contract. Fridays 3 gain for oil, gold actually has been up the last two weeks and theres another flight to safety this morning in gold, obviously on u. S. Iranian tensions, the contract unone and three quarter percent. Lauren lets take a look at stocks in asia. Japan leading the losses, down just about 2 . Chinas shanghai composite ending the day virtually flat. A report that the chinese t
Spotlight. Some are calling the most interesting summit in years. Our own Brian Sullivan is on the ground there call it an amazing turn of events as steve cohen is reportedly heading to queens as Worldwide Exchange begins right now. Good morning and welcome to the show we have breaking news out of the European Union Joumanna Bercetche is live from london with those numbers. Good morning so this is the third reading weve had for the eurozone Third Quarter gdp. 0. 2 versus quarter two year on year we have the retail Sales Numbers for euro eurozone at 1. 4 versus expectations of 1. 2 the picture for europe has been some what dimmed by weaker retail and the Global Trading environment. One of the economies we are looking at closely is germany. The numbers there, exports have been moving in lock step with global trade you may remember in the Third Quarter, germany managed to skirt a recession coming in at 0. 1 with an expectation of 0. 2 for this time being eurozone is averting a recession n
Dropping out of race for the white house telling her Campaign Staff it is all over. We have a huge show for you. All that and more on making money. Charles we begin with breaking news. The House Intelligence Committees report on the impeachment inquiry is out. I want to get straight to Hillary Vaughn with more what is going on, hillary . Reporter House Intelligence Committee chairman adam schiff wrapping up the investigation passing the report on to the House Judiciary Committee which tomorrow will hold the very first hearing with four lawyers laying out the constitutional grounds for this impeachment investigation, but i do want to flag some key portions of this report that adam schiff just released moments ago. He says after their investigation, they believe they have found that the president personally and acting through agents within an and outside the u. S. Government solicited the interference after foreign government, ukraine, to benefit his reelection. He also says they believe