Of ours. Actually 10 00 we are looking up on all the major averages i guess, yeah, looks like we are. European markets, you ask, we answer what are they doing jim . We trade with the good ones now. Whats that we trade with the good ones. All positive. Other than spain 10 year note right around look at that over 58 this morning our road map as well it starts broadly with stocks on track to open higher boeing boosting its dividend shares rising premarket. The plan maker setting a new 18 billion stock buyback plan and a mega mall merger. Buying the World Trade Center mall and new jerseys nearly 16 billion overall. What . We should have 3m just preannounced. Lets get to that too. Remember the other day a fellow was telling you to sort it it was ill advised. You were on him. I was all over him like a cheap kmart suit. Those are cheap. That was my first thing that i wore to goldman. They said get out of that corduroy suit. A day in which the fed will hold its final policy meeting of the year
Shanghai was off by 1. 25 . If you look at whats been happening with some early trading, green arrows for the most part. But youre looking at fractional advances the dax is up, just barely cac up by a quarter percent, so is the ftse. Look at crude oil. Up by 1. 1 yesterday settling just below 58 a barrel that was the highest level in almost 32 weeks. Today were at 58. 36 that was the 67th or 68th new high yesterday of the year yeah. Could be another one tomorrow. Andrew is finally coming to the train. Youre getting on the train left the station. Were on the bitcoin train now that train maybe left a long time ago where is the train that left newark he said sao paolo. They offloaded it on to a boat, crossed the water heading to the south pole you did cop to that yesterday. Im i wish i didnt have to but i do. Calling the trump trade and Everything Else i do. A number of big stories to tell you about. We are continuing to follow a developing story out of Southern California crews are despe
Is here to tell us when his fund will launch and at what price. If you have crypto fever, you dont have to look away from the screen we have our bitcoin watch fired up throughout this hour. First we start with the dow on fire both the dow and the s p 500 closing at a record high, the dow 150 points at the high both indices posting their fourth day of gains, with the help of tax cuts on the horizon. It looks like a deal on the bill is close lets get to ylan mui in d. C reporter melissa, republicans are closing in on the final version of the tax bill two sources tell me the corporate rate will land at 21 . Its unclear whether that will kick in right away or not until 2019 but that is slightly higher than the 20 rate that was in previous versions of the bill. The top individual rate, that would fall to 37 . Thats lower than the senates original proposal for a 38. 5 top rate the detection fduction for morte interest, would only apply to new loans. Existing mortgages would still be grandfat
Impacts on housing the states where it may be time to put up the for sale sign. Power lunch starts now im Brian Sullivan a great year for investments keeps Getting Better if you just owned the s p 500 this year, you made more than 25 . If you owned bitcoin to start the year, you made a lot more. Bitcoin up 1664 , but thats nothing. Ethereum, a bitcoin competitor, up more than 7 600 this year. Light coin up 88 today. Mattel is taking a hit, two weeks before christmas the toymaker warning about its holiday quarter. Disney and 21st century fox higher an announcement on their deal could come thursday. Tesla higher as well getting its biggest preorder yet for its latest semiautonomous truck. Pepsi ordering 100 of them all those people could not be wrong on the cryptocurrencies, could there . Wait, theres not that many of them who said shopping malls in america are dead europes biggest Property Company making a big bet theyre alive and well, 16 billion for westfield. Amazon expanding its clo
Alley. Back to you. Thank you very much its 8 00 a. M. At our headquarters in sunnyvale, california, 11 00 on wall street and squawk is live. Were going to start the hour with breaking news on target for that well go to Courtney Reagan back at hq. Hi, court. The same big delivery wars rage on. Target buying personal shopping and Delivery Platform shipt for 550 million. Target says delivery option for shoppers will begin in early 2018 it pulls inventory from stores to deliver same day. By summer it will be available in half of its 1800 stores to start, though, its going to be done through the shipt app and network of personal shoppers personal shoppers are in direct communication with the consumer that places the order for questions and timing updates at least to start, get this, you will need a shipt membership 99 per year for unlimited deliveries on the platform from target and other retailers like costco and kroger. Target says its working on how it might eventually be integrated int