Averages have put in an alltime high. Strong reports there but we had this big rally. Withlidating some of those small moves. Verizon, amazon, ups. The Internet Provider up 1 on this cyber monday. Some are expecting amazon to take 50 of the sales on the cyber monday. And ups for that other 50 that does not have amazons shipping company. Amazon has done something for ceo jeff bezos. That has made him the worlds wealthiest person. That happened a while ago on the Company Thirdquarter report. Jeff bezos is worth 100 billion. Ago both Warren Buffett and bill gates would be well above the 100 billion market if they havent given so much of their money away. Turning to another to another sg well for the holiday 2017, we are taking a look at gamestop. There were huge lines at some of the victoria secrets. This after putting up a Strong Quarter gaining 3. 5 . In fight in fact it is being called a thanksgiving feast at the box. Here we have stocks rallying. And a confirmation hearing, how will t
Has made it at the top of my board. 10,000. Jonathan im not an idiot and i am not trying to call the top. Alix it will be a topic of conversation. David there are some things going on inside the business emma chandra is here with first word news. Emma it is the Biggest Online shopping day of the year in the u. S. Ecommerce is expected to rise almost 17 from the year ago to 6. 6 billion. Online spending across the Holiday Season is projected to rise 11 , the most ever. Germany is edging closer to getting a new government. Chancellor Angela Merkel has began negotiating with the social democrats over a potential partnership. She says any Coalition Partner would have to support a balanced budget and probusiness policies. And there will be Royal Wedding bells in the u. K. Next spring. Prince harry is engaged to american actress meghan markle. The announcement came when his father, prince charles, puts him fifth in line for the british throne. Global news, 24 hours a day, powered by over 270
Rebounding after a few sessions of losses. Lets get the details from Abigail Doolittle. Abigail bitcoin is one of the bigger stories. It is up 30 , breaking five major levels, climbing above 16,000 briefly. Around 15,000. Pretty extraordinary. The futures for bitcoin will itrt trading on the cme, will be interesting considering it will allow investors to shore bitcoin. It is up more than 45 on the week. Lets take a look at equities. On the nasdaqs 100, russell 2000, the biotech and stocks and chip indices. Biotech, up 1. 6 . We have seen some recent selling for stocks. Today, between bitcoin and some of these other indexes, true growth and momentum. A rebound, suggesting may be the tech selloff we have seen recently was a very shortterm phenomenon. Time will tell. Dig beneath the surface here, take a look at some of the movers we are going to see. Nvidia nicely,tocks up probably being helped by bitcoin, considering some of its chips are used by the cryptocurrency. Facebook and alphabet
Largest coaching deal in nfl history, reportedly a 10 Year Contract approaching 100 million. Global news 24 hours a day powered by over 2700 journalists and analysts in over 120 countries. Im Mark Crumpton, this is bloomberg. Julia live from bloombergs World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. We are close to the close of trading. The question is, bloomberg daybreak australia. What you mess . Herlet white house economic can gary cohn says the government may be pushed back. Drilling far and wide. The Trump Administration proposes to open almost all u. S. Coastal waters to oil drilling, sparking environmental concerns. We get firsthand insight. A hiring cool down in the u. S. As the economy added fewer jobs than expected, what does it mean for President Trumps goal of getting growth to a sustainable 3 . Julia whatd you miss . More salt on the wound for taxpayers. States like new york, new jersey, and california have been forced to
Ready to move ahead with a major agreement of longterm funding for our armed forces, nor, our immigration policy. Bipartisan talks are underway on these issues and other key priorities. Copper my solutions are not out of reach. For now, Congress Plans to keep the government running. Shery welcome Bloomberg White house editor and chief correspondent kevin. Ofin, give us the just speaker ryans bill right now. It doesnt address immigration issues but it includes other things in their. Re. The continuing resolution is something to get out of the house of representatives, and will go nowhere in the senate. We have seen this time and time again in terms of legislative policies from speaker ryans cap. Ofy will try to get it out the house, but it is up to Mitch Mcconnell to carry the football into the end zone area right now, it is just not there. Im immigration, that is not enough to get key democratic support. Senate majority leader Mitch Mcconnell you remember that procedural term, that ess