Deliveries. China is facing new tensions on two fronts. President trump prepares an executive order. Beijing slams london for interfering in hong kong. Shery lets get you started with a check of the markets. U. S. Futures right now opening flat. This after we saw stocks jumping in the regular new york session. We had broad bullish Global Sentiment as we saw the stock rally in china. The s p 500 closed higher for a fifth consecutive session. Where talking with the longest winning streak since december. Amazon rising past 3000 for the first time. The nasdaq composite closing at a record high. We had this risk on sentiment sapping demand for havens. The dollar index down for a fifth consecutive day. What oil is doing. Unchanged. Unchanged. Crude Oil Inventory data comes out later in the week. Investors weighing not only crude supplies and the surging infections but the u. S. Ecodata. We are talking about nonManufacturing Index confirming the economy is bouncing back fast with the Manufact
Reacting to a complete lack of mail and house house the currency in holding up for you my friend. You know i dont think of myself as a positive as i think of myself as an optimist i think theres a big difference between the 2 i think positive is it lets start everywhere you go further before you go further tell me that im fascinated by that yeah i think i think being positive is seeing the world through rose colored glasses its looking around going everythings fine everythings good everythings good which i think is is that i think is naive and in denial of the world thats going around us as an optimist i am i am not naive to the fact that were in a dark tunnel but i see the light at the end and i think thats what optimism is its believing that that the future is bright and im fixated on that light rather than the darkness of the tunnel i believe the future is positive so i like to think of myself as a as an optimist. Point taken and mr cynic point taken i like. I was wondering what hap
Consumer prices beat forecasts. Shery shinzo abe faces yearend pressure. His popularity is sinking to its lowest in more than a year. Japan is coming online alongside the south korea as well. Lets get straight to the Market Action with sophie. Sophie. Sophie we are in the final stretch of 2019. Japanese stocks did manage to pull through on thursday. The topix with an eight day drop. The topix hitting ground along with the nikkei 225. Today, stocks are trading exdividend today. Lets check in on the open in seoul. We are seeing downside moves for the kospi. We will see what the index can crack 2200 points. Switching it now to check in on the mood in sydney, the asx 200 gaining some ground with gold miners among the biggest advancers. Resolute leading the pack, jumping 7. 5 percent earlier with spot gold on course for the best year since 2010. Jumping into the terminal, that momentum could make for a solid 2020 for gold as traders make attempts to carve out a higher trading range after bu
Lets dive deeper into the Market Action as we review the close and check in with our reporters. I am taking a look at copper futures, which may have been down on the day, but they are headed for a fifth weekly rise. This is happening amid improving sentiment on Global Growth and as the trade outlook remains in focus. Tone inas found firmer recent weeks as the u. S. And china move closer to a trade deal. It also leads exchanges. Investors are watching copper closely after it paired some gains earlier. This is after reports that xi jinping will not attend januarys World Economic forum in davos, which would have been a perfect chance for he and u. S. President donald trump to meet facetoface. Interesting how todays rally has been somewhat led by the defensive industries. Health care, drugs, consumer staples. Children is poster utilities. They are very strong today. Stocks in of the 28 the s p that our utilities are up today. That is sending valuations backup to levels never seen before. O
Subway system and atms. More president pressure, donald trump faced by a second whistleblower. Kathleen time for a quick reminder of how u. S. Stocks ended. 1. 4 across the board, major markets gained 1. 5 after the u. S. September employment report was Strong Enough to convince investors and traders and the fed the u. S. Economy is not on the verge of trade war induced recession and at the same time not so strong it will prevent the fed from continuing to cut Interest Rates. S p, althoughhe we have the futures seeming lower at the open of the s p 500. Forecasts, but strong after the manufacturing 50. Rt, pmi below the jobs are growing, no recession. ,anufacturing jobs didnt drop and pirate private payrolls moving at the slowest since threemonth moving average. That is an issue. The on a claimant rate is down to 3. 5 . Economists say it is another sign the economy is Strong Enough to hold up although average our earnings, 2. 9 yearoveryear and that is a concern. We will see what happen