The dax in germany up by. 2. The cac in france is up by a quarter percentage point the ftse is flat crude oil ended down by about 19 cents for the week last week this morning its down another 17 cents to 56. 38. A couple big stories were watching geopolitics. Germans chancellor Angela Merkel said efforts to form a Coalition Government has failed. Merkel has been working for more than a month to work with the, quote, free democrats and the greens after losing ground to a far right party in the september election if a coalition cannot be formed merkel could form a minority government or call for a new election youre looking at the euro down. Big questions about whats going to happen in that country. Also, in Corporate News, Marvell Technology is reportedly nearing a deal to buy chip maker cavium for 6 billion. Its going to create a bigger competitor for chip makers like intel and broadcom it would be comprised of 50 cash and 50 stock valuing cavium at 80 per share. Possible deal was firs
Looking quite strong, up over 1 this morning same thing with the shanghai composite. Then european equities right now are also in the green. The cac ass off, ftses off i spoke too soon i looked at the ftse beforehand. The ftse is up, the dax is up. Everything else is down just marginally well, here are the big stories were watching for you today. We are continuing to follow a developing story out of Southern California new evacuations have been ordered as a string of massive wildfires continue to grow the thomas fire, the biggest in the area, still on the move. Officials say the blaze is just 10 contained. Its already burned more than 360 square miles of land we will continue to follow this developing story, bring you any updates and developments as we get them. On this weeks economic agenda, tomorrow, look for the november Producer Price index. The fed also kicks off a twoday meeting. On wednesday well get cpi as well as the fed decision this latest Economic Forecast and Janet Yellens
In earthquake country. It sounds like not much damage was done. That is great. It is a wakeup call literally and figuratively for all of us. We should be prepared. It wasnt a major earthquake and no reports of injuries or major damage, the middle of the night jolt was enough to get people talking about what they felt all morning long. Reporter a loud thump and a couple seconds of shaking. The earthquake this morning doesnt look that impressive on the nest camera inside of this oakland apartment but it was enough to startle people awake at 2 39 in the morning. It felt like a sharp jolt with a few shakes afterwards. I havent been able to go to sleep since. I felt the walkway shake. Like the metal on the walkway. You could hear rattling. Yeah. I dont know what to do yet. Drop and cover. Thats what i did. The sound was intense. Everybody was trying to make sure that they werent dreaming. It didnt seem but we live in california. Reporter the owner of dream plus donuts was already up and at
Earlier today, it looked like the two parties were close to an agreement. Senators took a proposal. Minority leader Chuck Schumer followed a 90 minute meeting this afternoon. This resolution would fund the government through february 8. Schumer and mcconnell met for have an hour to discuss emile a deal. Immigration on the daca debate still seem to be at the center of the impasse. The deep divisions between the parties mean hundreds of thousands of federal employees will be furloughed again tomorrow. Senate leaders Mitch Mcconnell and senator schumer Chuck Schumer worked to strike a deal and and the Government Shutdown down. Shutdown. Lets get back to work. Reporter South Carolina senator Lindsey Graham saying if they dont figure it out tonight, it will be a lot harder tomorrow. To my democratic friends, dont overplay my hand. The Government Shutdown is not a good way to get an outcome legislatively. Reporter grandma is among the republicans who voted with republicans against the govern
The top moments from the s. A. G. Awards with a female focus. And prince harry and Meghan Markle are hiring. The job they just posted. Just in case this Government Shutdown doesnt work out, we can go take a job there with prince harry and good morning, everybody. Im kendis gibson. Im maggie rulli in for diane. The big news, the Government Shutdown. Day three as negotiations wrap up overnight with once again no deal. The senate is poised to vote at noon today on a shortterm bill. Will democrats sign on . Without a firm agreement on immigration . Arlette saenz has the overnight developments. Shes on the hill for us. Good morning. Reporter good morning, kendis and maggie. About 800,000 furloughed federal workers are waking up to a closed government. Feeling the first major impact of the shutdown. As the Government Shutdown heads into day three, congress is still at a standoff. Negotiations to reopen the government hit another road block. Lets step back from the brink. Lets stop victimizin