Bloombergs Abigail Doolittle is here. Thin trading today. Abigail youre right about that. Small gains for the major averages. Nothing to write home about. Many investment traders taking a holiday break, certainly from the trading action. One exception look at the dow. 5 , buckingown the small gains trend for the major averages. Lets look at the major drags. The truckers, at logistic companies, and of course, union pacific. Jb hunt down 1. 9 after the Trucking Company did preannounce it fiscal Fourth Quarter. The earnings below consensus by about 20 more than 20 . It could have summoned to do with a onetime charge plus insurance claims, that even so this does seems to be putting a drag on the space. Union pacific down 7 10 of 1 on coal. 7 on coal production. That is a bit of a drag there. On the other hand, we have two of the big tech names trading higher apple and amazon. Its first day this week. Amazon higher for a third day in a row with writer saying they are in talks to open direct
In his final state of the state address new Jersey Governor Chris Christie talks about his administrative. He also discussed the response to Superstorm Sandy in 2012. His successor democrat sal murphy will be sworn in tuesday. [applause] thank you. [applause] [applause] thank you. Thank you all very much. Now, before we begin im going to ask you for a favor. Not for a moment of silence but for a moment of celebration for the extraordinary life of governor brendan byrne. That is what he would have wanted. He would not want to settle he was one of celebration so lets all rise and celebrate governor bernd. [applause] [applause] nine years ago yesterday i went to pick up then 8yearold patrick and then 5yearold ritchie from school. On my way out of school with them on the front lawn of the Assumption School and mars town i announced to the media that i was a candidate for governor of new jersey. On that day i said many things but looking back on it the most important thing was this, i said
Down, yields go up, conversely, yields go down, prices go up, not to the degree. Not helping stocks to the degree you would think, at a time paul ryan trying to assure people theyre on top of the debt, on top of eventually a daca deal that should make nancy pelosi happy. A twoyear budget arrangement senate came up with that should be welcomed by all. Were in a bizarre kind of world, whether that passes or not, it could be daming to investors, if it were to fall through, analogous to the failure of tarp funding back in fall of 2008, that produced 777 point falloff in the dow, even though both sides regrouped, you would still see in the approval of a followup tarp deal, the dow fall another 6,000 points . We dont know whether youre damned if you do, damned if you dont on budget deal, whether you fall off if approved here or not but a catalyst could be or excuse could be failure to reach such an treatment, there are several house conservatives several we talk to next document hours are le
Of its creditors, including the imf and the European Central bank did greece got a alone last week after parliament agreed on new austerity measures. In the meantime, great thanks reopened for the first time in three weeks,. There are still limits on withdrawals overseas. Merkel is suggesting that greece cant get limited debt relief. She ruled out a haircut on greek debt. A classic haircut of Debt Forgiveness of 30 cannot happen in the currency union. It may happen outside, but not within. Erik they may consider lower Interest Rates on greek debt but extending the time for repayment. The United Nations Security Council is expected to endorse the Iran Nuclear Deal today. It is to stop iran from Building Nuclear weapons and the United States and other world powers will gradually lift economic sanctions. Ashton carter travel to israel to reassure officials there about the iran deal. Carter acknowledged he will probably not be able to change anybodys mind. Obviously, we believe that the nu
Witnessed the deadliest mass shooting. We should be passing the dream act who dreamers call this nation home. Timely, instead of wasting taxpayer dollars and our constituents time, this house should be reauthorizing chip, the bipartisanbacked Health Insurance program which expired over the weekend and which is going to leave children who badly need Health Care Insurance twisting in the wind without it. Congressional republicans have chosen to bring this irresponsible and extreme bill to the floor in stunning ignorance of reality. It assumes trumpcare will still pass. How many times must the majority be reminded trumpcare will not become law . How many times will the majority try to cut medicaid by 1 trillion, cut medicare benefits and raise insurance costs on elderly and lowincome americans. Enough is enough. Instead of to pandering the wellconnected, this bill should embody our best values. This does not reflect mr. Yarmuth i yield to the gentlelady 30 seconds. Ms. Wasserman schultz t