Its chinamade model 3 just a year after they broke ground teheran condemns what it calls terrorist attacks on iranallied militia. We continue to demand the Islamic Republic iran act consistent in a wi i laid back in may 2018 for what it is we expect iran to do so it can rejoin the community of nations. So lets take a look at the European Markets now that they had a bit of time to warm up, although warming up is the opposite of whats going on here because they are cooling down. Nikkei down 2 ftse mib in italy down and germany down by 4. 5 its been a very good year for all of these markets year to date lets take a look at how the overnight action was while we were all fast c markets. Im looking in the correct perspective now. The nikkei 225 did finish down but has closed for the year. Year to date its tally was up by 18 . The shanghai composite was the stand out performer for the asia pacific markets up over the past ten years down by just over 7 the hang seng in Congress Hong was an und
That is all ahead but we begin with seema mody and the Market Action today seema, it was record highs to start. Were not there yet, though. Yeah. Thats a great point, dom. Three hours left in trade. Take a look at the screen. Were actually losing a bit of steam. Nasdaq now down just about three points s p 500 higher by four and the Dow Jones Industrial higher by 64 points. Nasdaq, if it gets back into positive territory, it would be on track for its tenth consecutive close. That would be the longest strea since 1997 and it really has been a strong weak lets break down when stocks have been leading the charge as you can see, it is primaril technology apple. Intel. Amazon in fact, amazon stock now playing catchup on track for its biggest oneweek advance of the year in response to those strong Holiday Shopping sales stock up about 6 . Also, want to draw your attention to shares of nike. Sitting on yet another record high this afternoon. Consumer edge overnight raising its price target and
Best performing s p 500 stock the past decade. Lets get nasty now can you name the worst were naming names on the dog of the decade all right all that ahead with you we begin with the major headwinds from American Airlines shares of aal tumbling today after Wolf Research said the Company Likely wouldnt meet guidance for the next carrier merp sits amid major tushlens. The fleet of max planes are grounded underperforming rivals like delta. And far underperforming the stock etf ticker jets look at the chart. American is the white line, the wrong direction. Does in stock, American Airlines, gina, deserve a ticket out of our into our portfolio. I think its rough for American Airlines. If you look at the forward aggressive Forward Guidance is wasnt that aggressive they are looking at 4. 5 growth. American airlines the last zaekd are decade has grown zero jets has been pushed by Alaska Airlines and southwest those have been the only profitable airlines. Superprofitable airlines this past deca
Countries that help corporations avoid taxes. The federal government is trying to end food stamp benefits for 17,000 70,000 americans. A new revelation could make it harder for states to get waivers. The agricultural secretary said newnew rule will move recipients toward selfsufficiency and into employment. Saysritish Prime Minister security and intelligence sharing will be the main factors in deciding whether to let a Chinese Tech Company build 5g networks. At the nato summit, johnson said he does not want to be or want to u. K. To be hostile to overseas investments, but also has to protect National Security interests. He reportedly put off the decision until after the election in britain. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. From bloomberg world headquarters, im shery ahn. In toronto, i am in for amanda lang. Welcome to bloomberg markets. Here a
Overnight in asia. The nikkei higher by 1. 1 . Hang seasoning up 2. 3 and shanghai up. 8 . Youll also see green arrows in europe the dax up 1. 9 . Cac is up. Gains for italian stocks too in the treasury market, at this point, 10year yielding 1. 67 . Twoyear at 1. 551 30year up at 1. 61 . Iranian Officials Say two missiles trunk an iranian tanker in the red sea crude prices, as a result of this, they are jumping up close to 2 wti crude now 54. 47. They are saying that damaged two store rooms aboard the tanker and caused an oil leak that attack happened about 60 miles north of the city jeda six months after the attack of the oil tanker in hermuz and the saudi attack never good to conjecture anything they have been the attacker and you wonder was there Something Else going on because they didnt point fingers, you wonder. Was it a screw up but we have no idea. No idea they were attacked by someone. Who knows. Two missiles hit a tanker that much we know. Lets talk about the trade headlines.