The left syria and 2013, all three attackers were killed, too detonated suicide vest and a third was shot by police. Congress is tightening visa requirements following terrorist attacks. It will bar people who traveled to iraq or syria the last five years. All 38 countries in the visa program rep issue passports containing biometric information. Joe biden said the donald trump wins the republican nomination he would be defeated easily by Hillary Clinton in a general election. By Vincent Clinton went in a walk but cautions his comments are not in endorsement. On these andore other stories of the new bloomberg. Com. Now over to matt miller. Matt we are getting headlines it looks like from alibaba excuse me. Im going to the terminal here to find alibaba headlines. News coming across right now. Let me just with the yahoo s ticker. Moving a little slowly at this hour of the morning. Looks like yahoo will suspend work on it alibaba plan. We basically had the story already. We are getting con
I want to give you a quick check on how the markets are trading. Stocks are pretty choppy this whole session. We are well off the lows of the day. Stocks were essentially down right out of the gate this morning at the opening bell. Data showing another month a weakening chinese trade. A slump in Global Demand has driven the declines in energy and Commodity Prices this year. As we heard overnight, chinas imports declined for a 13th straight month, a record. The dow was down as much as 245 points early in the day. But it rallied within 25 points of being pretty much unchanged. They ledted health, some of the comeback in stocks. A second straight down day for major averages. Oil is little changed after touching the lowest level in seven years, following a petition by opec to essentially abandon their production target. Output target the of 30 Million Barrels a day and endorsed 31. 5 million at its december 4 meeting in vienna. Before the nasdaq has led that come back, the main stock respo
England keeping rates at a record low. 5 , where they had been since march 2009. The division was interesting. The sold a center, he has been the sole dissenter. He has voted for an Interest Rate hike will stop what is interesting, some of the comments in the minutes that accompanied the Interest Rate decision. The bank has domestic spending subdued, overseas demand. The officials within the bank of england say they have a range of views on inflation risks. This is a big one, the Oil Price Drop suggests continued subdued inflation. Interestingly, since the last meeting of the bank of england at the beginning of november, brent crude has sunk i16 percent. That puts downward pressure on inflation which, as you know in the u. K. , is negligible, down to. 1 . The bank has cited in the past and emergingact markets impact as well. Those are the two impacts weighing on the u. K. Economy. The domestic economy is resilient, as shown by the latest gdp data which grew by. 5 . But i think the big
Closely. Crude is back below 37. There hasnt been a rate hike since 06. That decision will come out at 2 00 p. M. Eastern time. Chair yellen scheduled to hold a News Conference a half hour later. Cnbc will bring you complete coverage of the big fed event. Reminders of where we were on pop culture on june 29, 2006. Its been a long journey. Its been a long journey this year as we agonized about whether or not they would raise rates. During the course of that year, the stock market is basically more or less where we started. The tenyear treasury is basically, after this back and forth during the course of the year, basically back where we started. The big mover is the dollar index. The euro down 9 . Thats partly you what see in the corporate earnings. You do have oil down sharply. You have the junk bond market reeling despite the fact that Interest Rates have been so low, we have seen record high yield issuance this year again, emerging markets are weak again. Weve been asking the questio
Roubini, why he says machines will take over the world. Welcome to Market Makers. I am stephanie ruhle. It is a special day because my partner, Erik Schatzker, is often they and their letting me drive the car all by myself. Matt miller is in the newsroom with the headlines. What is the word . Were seeing existing home sales come in slightly less than had been anticipated on wall street. The forecast in our survey of economists is 5. 2 million. Were seeing 4. 90 3 million, coming in just below that in the prior month of 5. 20 6 million. We are seeing the month over 6. 1 . Number down that is that it can lend you will see throughout the day that they can light you will see throughout the day. We are looking at it probably 1. 1 . That is look so great, especially when you look at the bar graph. But when you look at online of where they have been over the past four or five years, we are at a pretty decent level compared to, say, the low in 2010 but not nearly where we were at the high have