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The 1. 82 mark. A couple of stocks i wanted to point out, this is a Cancer Treatment company, and its been bought by merck at a huge premium. Nicestock is up 103 , so a return for arqule investors today. , down a downgrade at citi 0. 75 . News we got a moment ago, goldman coming into the wework cleanup. The way it works is, and this is goldman stock, which has been moving around, slightly lower, wework is going to be a borrower with softbank. This is supposed to bacon more palatable to other lenders to make it more palatable to other lenders. Apparently goleman has reached out to other banks to see if they want to get involved as well. It is keeping softbank in the game, part of a restructured doingt plan, 1. 1 billion away. The 5 billion plan will come into place, and apparently this loan structured from goldman should be in place by the end of the year. Guy bonds continued to tell a story that the market is not completely conv ....
Republicans are saying there is not sufficient evidence to accuse the president of these actions and this impeachment is a sham. It is not built on firsthand evidence and they have tried to dismiss the process as not worth pursuing. I was talking to sources over the weekend who are working on the committees with regards to impeachment, and theyre working on drafting articles of impeachment as we speak. When will that process conclude and the committee introduce articles of impeachment . We expect to see articles this week. They will probably be voted first in the Judiciary Committee as soon as wednesday and go to the house floor next week. They want to wrap this up before christmas and right now they are on that timeline. Vonnie what are we looking at in terms of articles of impeachment . At least twoa articles, the first will be abuse of power, that the president abused his power and trying to elicit help from a foreign powe ....
Of High Frequency data we were waiting on. Example, the sox index, why is that rallying . Abigail it has mainly to do with trade optimism. A good portion of the Chip Companies from china, a good portion of the supply chain. Investors hoping the important shift is coming out of the bottom and phase and if 5g goes ahead, that create a major upgrade cycle. However, it does look frothy, so it is important to keep that in mind. Are investors getting ahead of themselves . Last year was a bad year for managers. As we go into the end of the year, you have to think managers want to lock is one in so they can have a good year after a bad year. Vonnie thank you. Kevin. Kevin volatility never stops. Now to this weeks historic vote on impeachment. Lets bring in our Clinical Panel of genevieve woods, spokesperson for the heritage foun ....
At 1. 77. The retailers had a down week, retailers investing them today, up 9 . It has been down 17 over the last five months. A lot of shortsellers along with the likes of campbells. After a better quarter, likely to have been a short squeeze. Guy here in europe, most sectors are higher. Stocks are higher. Volume is ok. Stoxx 600 is up 0. 5 . The pound is at session lows. Cable trading down. The euro is at session lows. The dollar 1. 1033. Vonnie lets get to the trade issue and President Trump saying there is a good chance of making a deal with china but that unrest in hong kong is a complicating factor. Congress has sent the president that bill tackling the hong kong question, backing the hong kong protesters. It is not clear if the president will sign it. Here is what he said this morning on fox news. If it werent for me, hong kong would have been obliterated in 14 minutes. He has one million soldiers standing outside of hong ....
Congress buying overwhelming margin, a 4171 in the house. It is the kind of legislation that would be vetoproof. They could reject the veto. President trump can say to chinese authorities, i did not sign it, this is Something Congress did. Kevin meanwhile, i could tell you i spoke with a republican from florida who said the white house is working with them on this legislation. Bill the u. S. Has throughout the process, there has been an advantage of keeping a pressure on china to get them to reach a deal, get a deal fast. Both sides would like to headed to 2020 with some sort of phase one agreement and then take it from there. Vonnie this will not derail that, right . The president can leave it on his desk. It is vetoproof. Almost every member of the house has signed it. Chinal be a signal to will at the same time the president will not have alienated president xi. Bill i think the question will be how quickly congress will mo ....