Week for the nasdaq. That is the first time youll see stocks down for the major averages in three weeks. This morning, we are still near alltime highs for both the s p 500 and the nasdaq looking at the treasury market, right now, 10year at 1. 486 some additional pressure concerns about Global Growth and what it will mean for the economy. S p was out saying for the year, you could see chinese growth at 4. 4 for the full year that concern if they see a peak to the virus in march. All these new highs and goldman talking potential correction i can see how the case could be made right now is there anything more than a possible Global Pandemic i think about it it is hard to buy any stock that wouldnt be impacted by a bad outcome in this. Right people assume it will be a vshaped recovery and that it will happen sooner rather than later. With coronavirus. After it going away. But we dont know if it goes away and we still dont know what kind of numbers we are getting. It appears it is slowing a
Nasdaq edged down 0. 07 . It may be hard to follow Interest Rates or politics, its a lot ease yore the bet on great themes if you want to make great money i had the great privilege to interview dave coaty, former ceo of honeywell, now an check tif with verfiv. Its a special acquisition company. This guys a phenomenal manager, consistently crushed the s p 500 when he was running honeywell, but when he retired and turned it over, many people he might be done running business. I was thinking he might be no not for cody its too much fun. He likes business too much he didnt quit he raised some money, looked around for a business that seemed to have the wind at its back, a business thats growing much faster than the broader u. S. Economy, thats not hostage to global trade or politics or the federal reserve. He came up with the data center. In particular data centers that can deliver Digital Information at lightning speeds. Stha that was his path. Why was he interested in this particular comp
All ahead for the session so far. Ten year note yield, crude oil, you ask, and we always like to answer as well, look at our ten year note yield, 1. 78. Lets get to our road map this morning, it starts with what you expect, the shopping surge, facing a condensed Holiday Season, retailers raking in a record 4. 4 billion online on thanksgiving day this is ahead of, of course, what is traditionally the busiest shopping day of the year, today. The final trading day of november and stocks pointing to a lower open on this holiday shortened session. Buffett thwarted, the oracle of omahas latest attempt to put his cash hoard to work, outed by by apollo global. We begin with retails busiest day. Courtney reagan is at the Woodbridge Center mall with what to expect this weekend as the Holiday Shopping season officially kicks off hey, court. Reporter good morning, happy thanksgiving to you, morgan. Here were starting to see the second wave of shoppers come out to the mall. They do those early door
Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to berlin, dubai, new york, and washington. Our bloomberg forces are on the ground bloomberg voices are on the ground with todays top stories. Boeing and airbus will go dubaiohead at the annual airshow. We will be talking about may be the first next year, possibly even a bit longer. But in the end, i will repeat the question, the only entities which will sanction the flying of these aircraft are the regulators. It is not boeing. Alix for more, our correspondent joins us on the phone. Walk us through some of the big take away from the dubai airshow and some of the surprises. Reporter thank you. A maxlly, boeing secured , the biggest order after a drop. Version ofse, the the max has been [indiscernible] 8 secured the 737 max from a supplies only character in the uae. [indiscernible] airline, ofsister emirates airline, which makes it the second largest customer for the 737
After reporting better than expected earnings ahead of the launch of its streaming service next week. And we have a big interview coming up in just a few minutes. Billionaire investor leon cooperman says he will support fellow billionaire Michael Bloomberg if he runs for president. Cooperman joins me exclusively to explain why joining us for the hour is mark tepper from Strategic Wealth partners mark, great to have me here. Thanks for having me, appreciate it. What is your take on the market we saw record highs this week, but seem to be moving sideways here today yeah, so, overall, investors are definitely riskon right now, because of this trade optimism i know trump said today that maybe there has been no agreement with regard to rollbacks and tariffs. But nonetheless, risk is on. And were seeing this rotation now out of bonds, into stocks. Were seeing a rotation out of defensives, which had been leading the market into cyclicals. And really, one of the biggest driving forces right no