Florida sees its biggest oneday rise, some of hollywoods biggest names test positive. And chinasotest crackdown in hong kong seem to have spurred a reaction at the ballot box, voters have turned out in the hundreds of thousands. Lets look at how the week is setting up in asia. A pretty positive lead, asian stocks will keep the rally going. About half a percent after the u. S. Stock rally extended that weekly gain on friday. The s p 500 outperforming the nasdaq for the first time in two weeks. That bifurcation will continue. Nikkei futures up 0. 3 . Trading in chicago after a three i Third Straight weekly decline, continued concerns about another wave of virus cases in tokyo and elsewhere in japan. 1 ney futures setting up for 1. 6 higher. New zealand, blue signals when it comes to trading kiwi stocks after that threeday selloff, up 0. 7 . The level of Foreign Investors piling into the kiwi market suggests we will see further outside with that golden cross, crossing the 200 day dma patt
Europes pretty mix. Tenyear above 2. 5 and inflation finally returns to japan, 0. 1 on their cpi. Roadmap begins with a pause in the rally. A cnbc exclusive with wilbur ross on how trade changes in a trump white house. And snap day two, the stock soars in its debut and now news that Nbc Universal, our Parent Company, making a strategic investment in the company. And a dramatic scene at caterpillar headquarters, offices raided by federal agents. The latest on that. Stocks looking to bounce back from biggest oneday decline since january, but s p and nasdaq each on track for a sixth consecutive weekly gain. Dows on pace for its fourth positive week in a row. Earlier on squawk this morning the new commerce secretary wilbur ross commented on the postelection market rally. I think the markets have given a pretty clear endorsement of optimism coming from the new administration. I dont think theres any doubt about that whatsoever. And in fact Election Night we were with carl icahn and some oth
Have said, it looks like deja vu all over again. We appear to be barrelling towards another Government Shutdown this week with all the attendant infighting, name calling, and general washington nastiness, but the politics has a real life effect on the american people. Eamon javers has our cover story. Its time for congress to be held responsible reporter americans love to complain about the federal government, but when it suddenly goes away, the effects can be jarring. Back in 2013 elderly veterans pushed past barricades at the world war ii memorial and this became the iconic moment of the 16day standoff that forced the closure of most of the federal government. Estimates are the last shutdown copse tens of thousands of jobs and 2 billion in lost productivity. And now analysts say the odds of a new shutdown are at least even. My mood is one of a little bit of angst, but im a little bit more optimistic than what i hear some pundits putting out. Im optimistic that well be able that mr. B
But politics has an effect on the american people. Eamon javers has our cover story. Its time for congress to be held responsible. Americans love to complain about the federal government, but when it suddenly goes away, effects can be jarring. Back in 2013, elderly veterans pushed past barricades at the world war ii memorial that became theconic moment of the standoff that forced the closure of most of the federal government. Estimates ares the last shutdow cost tens of thousands of jobs and 2 billion in lost productivity and now analysts say the oddsf a new shutdown are at ast even. My mood is one of angst. But im a little bit more optimistic than what i hear some pundits putting out. Im optimistic that well be able to, mr. Boehner and mr. Mcconnell and the democratic leadership read and will be able to come together to avoid a government shutdown. Reporter last time around, americans across the economy felt the impact. In 2013, banks were unable to verify Social Security numbers and
The disability action. What came out of this hearing was a commitment to the citys budget propose by supervisor kim and supported by our mayor to set aside 250,000 for Revolving Loan fund and this fund will be available to sro Property Owners that can take out a loan, fix their elevator and payoff the loan and tap that fund. This is a very important first step to address the needs on the private side on privately owned buildings and this is in conjunction with the mayors upgrade for the housing properties. I think our policy makers have heard your advocacy and they are taking action. The next update is on the Mayors Office of disability website. I wanted to give you a quick report on our project. About 7 or 8 months ago i gave you an introduction to let you know that our office started conversations with our citys web master to do an overhaul of our citys website. Many of the citys web site is currently getting reformed. If you go to the Mayors Office on disability website today you wi