abigail: this is bloomberg. ♪ abigail: this is "bloomberg best." i am abigail doolittle.te was fierce this week -- does the slowdown in global growth signal an oncoming recession? and how deep and how wide goods -- could that downturn become? many guests weighed in, starting with nobel prize-winning economist paul krugman. he told yousef gamal el-din he's expecting a recession to hit u.s. economy. >> it seems pretty likely. there seems to be accumulation of smaller problems, and then the underlying backdrop is that we have no good policy response. and the fed can't cut rates very much. fiscal policy -- there is a vast fiscal space if we were prepared to use it, but it is hard to see that the current leadership will respond in any kind of nimble way. so, yeah, i think we will have a recession. yousef: when you look back to the last crisis and compare it to the possibility of a crisis now, is the u.s. and the world in better shape to withstand a crisis? >> no, we are clearly in worse shape. we came into the last crisis with interest rates above zero but lots of her for inte

abigail: this is bloomberg. ♪ abigail: welcome back to "bloomberg best." i'm abigail doolittle.his week saw another parade of corporate earnings reports. among companies releasing results, japanese automaker , nissan, reeling from the recent arrest of chairman and ceo carlos ghosn. >> nissan came up short in its first earnings report since the arrest of former chairman carlos ghosn in november. the carmaker took an $83 million charge related to the compensation of ghosn and forecast earnings to fall to the lowest level in six years. how bad are the results? >> they were pretty bad. we were expecting them to miss the consensus estimates from analysts and they sure did. they also ratcheted down the fiscal year forecast to the lowest level in six years. again, this is -- on the aftermath of the carlos ghosn saga, third-quarter results are also disappointing. they are seeing slowing sales in china, which is a key market, as well as the united states. really against the backdrop of all of this is the carlos ghosn saga. they will take a ¥900 billion charge on the results tied to the r

abigail: it is also ahead on "bloomberg best." ♪ abigail: hello and welcome. i abigail doolittle.this is "bloomberg best," your weekly review of the most important business news, analysis and interviews from bloomberg television around the world. let us start with a day by day look at the headlines. the idea of optimism entering legislatorsu.s. announced they would strike a deal on border security and avoid a repeat of last month's shutdown. on monday, the positive feeling suddenly dissipated. >> border funding talks broke down between republicans and democrats over the weekend, sla that is slashing hopes for a deal to be signed before friday's shutdown deadline. what happened? >> it looks like they weren't able to come together. seniorspoke with a democratic staffer to a democratic house member who told me the hopes of getting some type of deal or quickly diminishing ahead of the friday deadline. the 17-member conference committee, bipartisan, had largely been tightlipped about stand.hings >> overnight, appropriators reached a tentative deal to avoid the shutdown scheduled this f

ellos estÁn en freeport, texas, el jefe de policÍa y la pequeÑa abigaÍl.enrique: emocionante es lo que dice la pequeÑa abigaÍl. arantxa: jefe de policÍa, esta pregunta es para usted, podemos ver los momentos donde juramentÓ a la pequeÑa como policÍa de freeport, su voz estaba entrecortada y las lÁgrimas supongo que salieron de sus ojos momentos despuÉs, incluso durante. por quÉ este momento es tan especial para usted? >> seÑora, yo tengo nietos y nietas y uno tiene que pensar lo que estÁ pasando con esta niÑa es increÍble. cuando conocÍ a su familia y la niÑa, mi corazÓn dolió para ella y cuando ella dijo que querÍa ser policía yo le dije a su papÁ que eso iba a pasar. nunca en mi vida pensÉ que esto iba a pasar para ella, pero gracias a dios que todos la estÁn apoyando a ella y mandando sus oraciones para ella. es muy grande, seÑora. enrique: el apoyo de la comunidad, no sÓlo de la comunidad local de texas, el paÍs, sino que la unidad dado la vuelta al mundo este vÍdeo. cÓmo se han sentido ustedes apoyados, en cuanto a la lucha que mantiene abigaÍl en con

abigail: would you be selling u.s.to buy europe once it goes above the 200 day moving average? dan: i think we are starting to see a little bit of that, a higher high in the ratio, but for me, i want to see a break in the 200 a moving average to give me confirmation of what we see in momentum's. abigail: let's take a look at your next chart which is the dollar index versus the metals etf. dan: the green line is the dollar index against a basket of currencies globally. the white line is the metals and mining etf. what is interesting is that there is an inverse correlation between the dollar and this etf. abigail: not surprisingly. dan: what we start to see is the dollar is rolling over. you can see a series of lower highs as the dollar strength is rolling over into dollar weakness. that is leading to outperformance and relative performance for the metal space. abigail: you really think we see the dollar rolling over? we do have congestion, but we also have to have higher lows. the longer-term charts could make a case fo

abigail? abigail: joining me today is mark newton from newton advisors. great to have you here.s so much focus on stocks with the s&p 500 on its rest previous years. we will start off with the foundational asset class versus the dollar. mark: the dollar has showed increasing signs of stalling out , and i believe we are peeking out. we have growth, but overall, longer-term consolidation. dollars should start to have further pressure to the downside over the next few years. my thinking is that is good for em and china. abigail: you would think that would be the case, but you would think it is true for copper, the commodity. mark: we've seen a decent push-up in a lot of the base metals and copper in particularly being engaged for economic strength. we are set to make the highest monthly close over the last six months. you see the longer-term breakout that happens from 2016, minor consolidation, it seems to be turning back higher. 33277, that would be very bullish for a continued bounce in this metal. a lot of these fears about the economy turning down and it could intentionally be

abigail, what are you watching? abigail: you're talking about the dollar and the eight-day rally.e eight days. there are a couple of theories behind the strength. this one coincides with the fed's pause. it could be central to other central bankers that they will get dovish. the dollar would look stronger in relation. that is complicated. because be a haven bid considering we have emerging markets down. it looks like the dollar index will keep going higher. look at this chart going back to 2011. we see this long-term uptrend. when it goes above the 200-week moving average, we see it tends to go well above it, especially a couple of years ago. backp of it last week -- above it last week. suggesting we could see the dollar index go back towards the and put pressure on commodities and risk assets over all. romaine: other conflicting signals out of the bond market with the global bond rally. we are sitting in about 2.66% now. a little reprieve. you could blame the fed or the economy. when you look at the market expectations for inflation, they are giving you less alarming of the signa

with a uniform made for her, abigail was sworn in as an hon nar officer.r strength bringing the police chief to tears. >> i knonow. >> i now. >> and forever. >> and forever. >> promise to keep fighting the bad guys. >> promise to keep fighting the bad guys. >> until. >> until. >> all of my cancer is gone. >> until all my cancer is gone. >> congratulations. >> a hug and an oath to fight crime and those bad guys. her courage clearly touching the hearts of so many. we wish abigail and her family all the best. thanks for watching nightline. before we go, be sure to check out the investigation, a new podcast from abc news taking you behind the scenes into their war room as your investigative team covers the russia investigation. the first episode drops tomorrow. you can subscribe wherever you get your podcasts. thanks again for watching. good night, america. night, america. whareliable wifi with coverage, throughout your home? how about having internet that can help you save on wireless phone service? xfinity gives you the fastest speeds for all your devices. p

abigail, what are you watching? abigail: we just had the best the s&p 500 since 2015.e saying necessity with the fed over the last month. this chart may back up that point. if we take a look at it going back to december 2017 in yellow, we are looking at the 10 year yield. we see both went higher, bonds selloff as stocks rallied. as rates were higher, investors nervous about that. times volatility last year amid other rate hikes. then of course, on december 12, 2018, the fed still had a hawkish stance but on january more dovishirs along with ben bernanke and janet yellen and we see the down fromeld and there. the question is whether or not the fed stays in place. wednesday's meeting with the just that may be the case. rally, it ising of friday at 1 p.m. which means we have the huge rate counter. i look at the number of rigs falling. oilaccording to the breakdown. the drop in supplies and part of what is pushing prices higher. you have now the lowest number of rigs going back since may. so, a lot of this drop-off is why we're pushing crude prices, 55, the highest since n

let's head over the abigail doolittle. abigail: thank you, caroline.hief technical strategist, driving up. we had this rich rally this year but we also had a rally this month in the dollar. sessions, some people are saying it has to do with the feds. some are saying that it means other central banks, true for the new zealand central banks, credit get dovish, and therefore, the dollar will look at. what do you see on this chart? walt: if you look at the big picture dollar, there is a 16 year cycle, eight years up, eight years down. the high back in 2016 was 103.8 0, then it fell hard. formit has done so far is isit of a bearish rise, 98 the .618 retracement. expect that retracement in a bear market correction. there is precedent for that. no question is, well that be all that we get? will it be able to clear the 98 hurdle or not? because at the 10, that retracement is 100. from 103 to this december low, and this shows that there is a bear market correction. it will not have a happy ending. the longer term trend is down. the question is, will this bear m

abigail arias has been fighting cancer for two years.spite that battle, abigail says she still wanted to become a police officer when she grows up. on thursday the freeport, texas police department made that dream come true by making her an honorary officer. (jrs) after the ceremony, abigail showed off her uniform, her badge, and her handcuffs. (energetic rock music) (dogs barking) (siren wailing) (jail cell door slamming shut) - so, earlier today a female called requesting to speak with a deputy about a place she lived at with a male subject concerned about the way he treated his dog

abigail: the s&p 500 and the nasdaq are up .4%.utside gains, china, that 9.9%, perhaps with the rally in copper. of night ofasdaq, the last trading days on a weekly basis. take a look at the start out of december. massive gains for the nasdaq over this time period. course, tells you that investors are uncertain about the micro factors. there might be another one to the downside. as for the big movers on the s&p p morgan stanley up for thesoft second day in a row. morgan stanley is bullish on that stock. new record low. $15.4 billion write-down of assets. 7.7% of berkshire hathaway's overall holdings. interestingly, we have a bit of a rally, a decent rally. not really fitting from across the asset class standpoint. the ones for that stocks. guy: interesting stuff, abigail. volkswagen,home of of course. line.start with the top estimates of 236.9. trading at session highs. slightly shy of the dividends. vs. anillion or estimate of 17. slightly up their bank. margin of 7.5%. the 7.3 line in 2018. we could see a little bit of a shift. y

you go, abigail. that is so sweet. >> just know that when abigail grows up, and she will, she will become a real cop on that department. world news tonight with david muir is next. i'm kristen zse. >> and i'm dan ashley. we'll stop while we're tearing. we appreciate your time and we'll see you again at 6:00. >> bye-bye. everyone's got to listen to mom. when it comes to reducing the sugar in your family's diet, coke, dr pepper and pepsi hear you. we're working together to do just that. bringing you more great tasting beverages with less sugar or no sugar at all. bringing you more great tasting to think balance.r lorie labelsa poions, le sar. cawe know mom wants what's best.ere ois,maller balanceus.org >>> tonight several developing stories as we come on the air. federal prosecutors are now involved tonight after the bombshell allegation from amazon ceo jeff bezos accusing the publisher of the "national enquirer" of blackmail. he says they threatened him with compromising photos. the company now respond

abigail: with the brexit clock

so let me see if i can see this to read to you what he writes to abigail adams.e says, i took a trip yesterday to senoia, that was the environment of paris. and commenced an acquaintance with the old countess. i received much pleasure from it. and hope it has opened a door of admission for me to the circle of literati with which he is environ to. he was invited back and he did begin to circulate in some of the other intellectual circles and salons. so this i think was definitely one of the personal goals for jefferson while he was there. so how they, let's get back to the portrait now. how i feel that his european experience is somehow reflected in what mother brown was capturing, and believe me, none of the rest of the portraits of jefferson looked at all like this. we see him here very different from how he is going to appear later. but how he is dressed is very fashionable. this is not, the coach he is wearing, and i know in the slide it is difficult to tell, but it does have a turn down color. which meant that it was a code, a daytime code. now this one is ju

abigail? abigail: i am looking at that 200 average on the s&p 500. i would like to bring in the detail data and what phil was talking about relative to the idea of the fed. perhaps bad news is good again. look at the longer term chart. in blue we have the s&p 500 they say the stock market is six months ahead. you see the huge dip for retail sales. last year we had that massive volatility. then the fourth quarter. now we have this bad data coming out, the s&p 500 rallying, closing just above that 00 day moving average, suggesting with that retail data that the fed may just stay on pause. that could just mean that we'll have the stock market hold current levels. maybe go higher. we'll see. >> that actually dove tails nicely with what i'm looking at. this is a $16 billion fund that invests in international government bonds. bndx, the vanguard fund. it has seen it's assets swell by nearly $3 billion. take a look at the total assets under management. the question is why are investors in the us us in particular interested in investing in a fund where 30% o

kidney -- abigail's life is in god's hands.il to defeat those bad guys inside of you. we are praying for a miracle. >> lisa: indeed. all heroes come in all shapes and sizes. this is sadie come a pitbull who helped save her owners from a possible gas explosion. serena come with a 4-year-old daughter out walking and sadie was acting strange and ran into the street, barking, barking, barking in the place comes, sadie, it turns out, there was a big gas leak in the home and the fire department figured it out and saved everyone. and i'm on the crossing lines podcast with lanny chan. fantastic, check it out. and he is a smart guy. >> lisa: obviously, that's why i was on his show. i'm on your show too, greg. >> greg: the greatest show in the history of mankind. saturday 10:00 p.m. come i got that lady, dany -- dana, 10:00 p.m. tomorrow night, you will love it. do i have time to do this? ♪ when you put two things together like robots and heavy metal, nothing is better. check out this robot fan compressor head. what are they doing? if yo

let's check in on the market with abigail doolittle.gail: we have a rally on our hands for the u.s. major averages. let's look at all of them solidly higher. paceech-heavy nasdaq on for his -- for its 11th day. it started in china. look at the shanghai composite index of 5.6%, at the best day since july when index swap up and down wildly. today, clearly the bulls are in control. dive into the sector control, it is a bullish composition. financials, tech, and industrials for the top spot -- and industrials vying for the top spot. the industrials are one of the top sectors. let's look at the big boost for that sector. here, on3%, surging pace for its best a sense 2009 after the company -- on pace for since 2009. wellggests they are going with the turnaround plan. and some movers related to stocks gettingll a nice boost off the china affect. the bulls are in charge of his money. vonnie: abigail, thank you. it is time to look at the biggest business stories. shares of general electric jumped 15% at the open. ge has agreed to sell betsy fina

let's go to abigail doolittle. abigail: take a look at the dow.estors are waiting for more cues amount of earnings season. take a look at the metals. copper is up. gold is higher. copper is seen as a risk on metal. whatencouraging signs of traders think of copper. we do have a rally helping metals. let's look at the dollar index. not doing a lot on the day, but we see coming down from the highs of .2%, so a tailwind. let's look at the individual movers within the metals and mining space. the index is up 3.3%. we have two big upgrades. copper, ave southern double of great at citigroup from a two-way buy. and areysts encourage bullish on copper pricing, similar to morgan stanley last week. those shares of 30% this year, on pace for the best quarter since 2017. marigold also trading higher. take a look at the british pound. this is the three day, intraday chart. we have seen it up 3%. the best three days in three weeks. there is brexit optimism helping out that pound. vonnie: abigail, thank you for that. is deepeningttee its investigation of what it

abigail doolittle. abigail: s&p 500 down about 4/10 of 1%, ftse 100 down about 1%.ots of talk about what's ahead for trade between the u.s. and china. there's also talk around the fed , that yesterday's minutes were a little more hawkish than expected. the 10 year yield up four basis points, perhaps pressuring stocks. the rally we've had this year fueled by the fed perhaps taking a pause or even reversing. one headline around trade, the idea that china has proposed the possibility of increasing imports of grains by $30 billion. we see soybeans rallying. if we happen the bloomberg see the story over the last year, we are going to see a split between soybeans, corn and wheat. corn and wheat higher over that time period, soybeans lower. china is a big importer of u.s. soybeans. there are many details that need to be worked out. plus, more proof is needed to back up the market reaction. as for what is moving the s&p 500, some of those laggards on the day, to get this. hormel foods guidance not so great. johnson & johnson down about 1%, facing subpoenas from the apartmen

abigail doolittle is with us. abigail: we have small moves to the downside in the u.s.he tech heavy nasdaq slightly higher. when we factor in the fact that europe is higher and the yen is trading down against the dollar, perhaps a mild risk on tone as investors are waiting more news this week on trade. oil is a big risk off. look at a six-day chart of oil. last week the worst day of oil. down about 2% of global growth concerns. that makes the overall picture risk off. here.t a great chart down since the high last year about 13%. still in correction territory from that point. we clearly have a strong downtrend. back below the 50-day moving average. telling you the near-term and long-term pressure is to the downside. this is a risk asset. it could signal weakness ahead for stocks. it tends to lead since commodities are less liquid than stocks. as for what is outperforming inequities, the dow transports up .9%. davis cup 7.2%. shares were upgraded to a buy from a cell. a double upgrade. up as they have operating-- set in target of 60%. siterformance making the risk on case

let's get the details with abigail doolittle.bigail: very small moves for the major markets in the u.s.. fractionally, up for the second day in a row. the dax gaining far more in germany, up 7/10 of 1%. take a look at the emerging-market world index, up 1.4%, its best day in more than a month. this ahead of the release of the fomc minutes later today that will help explain the fed's abrupt policy shift last month. the fact that you have em rallying further out on the risk continuum means it may have a shelf life considering we have a bullish response. bonds pulling back just slightly. relative to that em bounce today, if we take a look at a chart in the bloomberg, it may last at least for a little while. this is a one year chart of that , and we see the long-term range more bearish, but above the 200 a moving average, the bulls really trying to take over. the longer-term chart suggests it could have more volatility ahead. on this day, let's take a look at some of the big movers for the s&p 500. garmin and devon energy both on pac

let's get to abigail doolittle.bigail: we do have directionless markets following directionless european markets. the s&p 500 down about 0.1% at this point. off of the low, but pretty neutral. slightly higher after being slightly lower. not really a strong risk appetite one way or the other. but there is a slight risk off as we go across asset class. the 10 year yield down slightly, telling you haven bonds are rallying. the growth year down ever so slightly. a bigger move if we look at the top sectors and the worst sector for the s&p 500, the communication sector, really lagging. sox up 3.1 percent, being helped out by skyworks solutions, and apple supplier. they met estimates, relief considering sagging iphone sales. they also announced a buy back. look at the s&p 500 telecom services index, being dragged on by some of those gamers, including electronic arts -- on paper, its worst day since 2008 after missing estimates and a very disappointing guide. the week, -- weak, australian dollar. what a dramatic plunge, dow

abigail arias has been fighting the disease for two years.t battle, abigal says, she still wants to become a police officer when she grows up. yesterday, the freeport police department made that dream come true early... by making her an honorary officer. (pam) after the ceremony, abigail showed off her uniform, her badge, and her handcuffs. (ken) seven must be an iowa man's lucky number.. mark cooper just completed his seventh marathon on seven continents in just seven days. (pam) reporter laura terrell has more on the man's remarkable week-long challenge. ánats of airportáamid the bustle at the des moines airport thursday this group is waiting... to welcome home their hero.mark cooper hugs his wife for the first ats of g fresh off a week long trip - completi

let's get markets with abigail doolittle. abigail: the global risk rally continues.ok at the s&p 500, fourth up day in a row following gains in europe with the german dax higher and the nikkei in japan .f 1.2% best two days of the year. we have a risk rally this year right now being driven by hopes around trade and perhaps the aversion of a government shutdown. look at the new zealand dollar. up 1.3%, best day of the year. it is holding off by hiking rates until 2021. that fits in with the picture, growth on growth year currency. risk-o day. nas for driving the risk rally this year, it has to do with another central bank, the fence. taylor -- feds. take a look at the 10-year yield. s&p 500, end of december as the rates went lower on a haven bid, the s&p 500 going low, said became more dovish. -- fed became more dovish. the 10-year yield still lower from where it had been from that last fed meeting. a big driver for this year's risk rally. as for what is driving the gains, let's look at the movers for the s&p 500. one of the top stocks is activision. shares trading hi

vonnie: thank you abigail doolittle.he commerce department did say in the data released this morning that data quality were monitored at or above normal levels for this release. that relates to the retail sales report. congress plans to vote today on a border security spending bill to avert another partial shutdown. the question is, will president trump signed it? we are joined by kevin cirilli, bloomberg's chief washington correspondent, live from capitol hill. what would be the upside to the president signing this, apart from the obvious? kevin: no government shutdown, and that is what they are hoping for. if you look at what the president has said within the past 24 hours, it looks like he is signaling he is going to begrudgingly get on board with this. anything could happen. if you take a look at what is in it, not much for what the president originally wanted. it is just about 1.3 billion dollars for 55 miles of building a wall on the u.s./mexico border. another additional $1 billion plus for humanitarian aid, and g

abigail, your latest piece on the issue. you write it is only of the beginning of trump's hell. pla explain that. >> there is a lot of focus on the mueller report and if barr will make an announcement next week. if you look back and look at the legal vulnerability. it is bigger than that. the southern district and the new york attorney general looking into president trump. you have all of these other investigations and probes that are ongoing and aren't related to the mueller probe. even next week, has been reported, we might see barr, the new attorney general, announce an end to the mueller probe, it doesn't mean the end of legal trouble for the president. >> timing wise, kevin, what happened with the timing of this release? did the news media get it wrong or did we not know from the get-go? >> look. two things. first, the only person who knows when bob mueller's investigation is going to be complete is bob mueller. we should note that my colleagues at bloomberg and the associated press are reporting that the summary and attorney general bill barr will not submit the report of

we salute abigail as chief raymond and the freeport police department as tonight's midnight heroes.th us. happy friday night and good night from washington. i'm mike emanuel in for shannon bream. ♪ hey, how ya doing? uh, phil. are you guys good with brakes? we're ok. just ok? we got a saying here. if the brakes don't stop it, something will. that's not a real saying. it is around here. i wrote it. just ok is not ok. especially when it comes to your network. at&t is america's best wireless network, according to america's biggest test. now with 5g e. more for your thing. that's our thing. oh! oh! oh! ♪ ozempic®! ♪ (announcer) people with type 2 diabetes are excited about the potential of once-weekly ozempic®. in a study with ozempic®, a majority of adults lowered their blood sugar and reached an a1c of less than seven and maintained it. oh! under seven? and you may lose weight. in the same one-year study, adults lost on average up to 12 pounds. oh! up to 12 pounds? a two-year study showed that ozempic® does not increase the risk of major cardiovascular events like heart attack, stroke

abigail: let's take a look at that 200 a moving average once again.t moving average. let's take a look at that 200 day moving average once again. above that 200 day moving average, volatility with the buyers and then the fourth quarter happened. it will be the close that counts. even if the s&p 500 goes back about the 200 day moving average, it's not all that bullish. what would be bullish if it was back above all-time highs that bearish below that all-time low of 2350. we want to keep an eye on that rsi. the buyers stepping up to intensify the battle. one of the unsung stories of the recent market in -- when you look at s&p 500 small-cap 600 index, it's been outperforming the broader market for some time . 15 of those days have outperformed -- the russell 2000 has outperformed on 19 days. 13% gain on the small-cap 600 index. that's about 3.5 percent more than the s&p 500 index. when you look at the trading activity today, keep in mind that if we close below the low -- the small-cap index in the russell 2000 would officially exit bear market. the firs

so i have an easy task today and i'm not abigail freedman and she'll be here later in the day and she allowed me to have this honor of introducing my friend and former trustee of the japan american society sheila smith. we are delighted to have her. sheila is very well known to this audience as a leading scholar on japan and particularly on political affairs and the u.s.-japan alliance and she's sort of been branching out and she's been doing more work and she had a great book entitled "the u.s.-japan alliance" and she followed that with the book of intimate rivals and a rising china so she's looking at that relationship, as well and most recently, it's not out yet, but i think this may be the first public announcement here, maybe not, of a forthcoming book in april called japan re-armed, the politics of military power and i think i got that right which is forthcoming in april from sheila. look out for that. she's the senior fellow at the council of foreign relations between here and new york and she's a widely read commentator on all of the above, and i think you all know her well, s

abigail: let's take a look at amazon because you were talking about the mixed markets.big drag on the s&p 500 and nasdaq. using the graphic dashboard, a great function in the uber terminal, shares down 5.6%. an above average volume. we have 48 buys on this name but relative to the corner they just put up, they beat fourth-quarter estimates. the first quarter guide is disappointing on the retail business despite that. look at this valuation at a premium, trading at an 84% premium. when we link this back up with the stoxx 50 two-week high and 52 week- the stock's high and low, suggesting we may see more weakness ahead for amazon. taylor: i'm going to take a look at weakness here in pizza, papa john's and specifically. we know the shares were off 70% today. 30% in the last year after the german step down after he used a racial slur. the news today is they failed to get a bid they like from a private equity company, looking to sell off a stake or part of themselves as a private investment. we know that this would shore up their balance sheet and finances. we know growth has

abigail doolittle has the details.bigail: major averages following global pullback for some other world indexes. of 1%, down about 7/10 the second down day in a row. the dax at near session lows, down 2%, its worst day since the summer 27th. he worst day of 2019 for the german dax. the european commission downgraded economic readings. asia also down 6/10 of 1%. the 10 year yield lower. charte a look at a great of the dax and the s&p 500, it may suggest more weaknesses ahead. and aren't we have the s&p 500. about a year ago they were highly correlated. then the dax started to turn lower. the point now is the german dax has been below its 200 day moving average since the entire selloff of last year, not above it. right now acting as resistance. let's take a look at some of those movers vonnie was talking about. we have the faang trade sharply lower, down 1.4%. investors selling the recent rally, a little bit of a pullback. twitter beat fourth-quarter estimates, but also missed on monthly active users. phillip morris a li

halfway into the training -- trading day come abigail doolittle is with us.bigail: lots of green on the screen. take a look at the dow and s&p 500, nasdaq, solid gains. higher. investors paring the games to some degree. over the last couple of days and weeks, very strong for the nasdaq. days.over the last 11 investors climbing the wall of worry. ronnie was talking about the ge, up 8.9%. the ceo making good on his promise to help turnaround this company he has known for doing that thing through deals, which seems to be the case. on the air, -- on the year, look at these gains. on pays forup 19%, its best start for a year since 1987. overly what happened in 1987 later in the year doesn't happen. the russell 2000 really a performing up 26% during those stocks are seen as a buffer around trade tensions. speaking of china and trade tensions, let's take a look at these indexes to helping into the bloomberg on the. going back to the december low. if you recall on the day before christmas, we had a selloff in the u.s. then it was off to the races. in the blue, s&p 50

here's abigail doolittle. abigail: a bit of a bearish tone for trading in the u.s.asdaq, and the nasdaq bio index. the bio index down 1.6%. that is a high-growth sector, and there's a lot of talk that this weakness today could be around trade or weak economic data. yesterday the fomc minutes came out a little more hawkish than some expected. there's no sense whether the fed has actually paused in hiking rates or whether or not they will resume, plus the runoff into the balance sheet. some expect that to stop by april. in we have the 10 year yield the biggest back up in about three weeks, pressuring stocks perhaps as investors contend with the idea of the bank may not be on a long, dovish pause. if we take a look at a chart in the s&p 500, the white is the s&p 500, the blue the 10 year that we have here the 10 year yield flat over that time, but the expectation the fed is hiking rates, we have the s&p 500 climbing. here's the move back up and rates we had today. a small move down for the s&p 500, but if that continues it really could play out. as theys trading lower

scarlet: abigail and the markets team, thank you so much. breaking news from akamai earnings. seven cents better than the consensus estimate of one dollar. aboute for the quarter is $10 million better than expected. they've named ed mcgowan to secede a change at the top. caroline, this seems to be something we are expecting. caroline: this is a relationship they've had for about three years. they're looking to have an online's payment collaboration in japan that would go live in 2020. they are expanding the global open network, as they call it, and it is now a joint venture. scarlet: we want to bring back our guest, but before we do, we will stick with akamai because on bloomberg technology at 5:00 p.m. eastern time, we have a conversation with the akamai ceo. that is tomorrow, so we look forward to that conversation. we have more perspective on the markets at the close. gentlemen, i want to show you something from earlier about the crowded trades and trades you don't want to be in or want to be in. take a listen. >> the wealth of trade is u

romaine: thanks, abigail. there was interesting price action in hilton grand vacations. that's the timeshare company hilton worldwide spun off. as shares were up as much 5%, but closed down about 1.9% after reporting earnings that came in above analyst expectations and he gave guidance higher than what analysts were expecting on eps bases -- basis is -- asis. this company was one of the worst-performing spinoffs for a while that we have seen in quite time, but this has rebounded since december 4, rallying about 30%. take the yield on the 10 year. range is thehe smallest since 1979. the range moved 11.6 basis points in the first three days of the month, but held since then. it is not been able to break that range. stronger than expected gdp support -- report. the director of rates admission financial said this is because the playbook has been defined and we could be looking at the fed being done this year. scarlet: thank you for setting that up. still with us is scott wren of wells fargo and luke kawa. rates, was talking about i was checking the best performers and they a

thank you, abigail. we will check in in a little bit. a new development in the ongoing trade talks between the u.s. and china. the u.s. is asking china to keep the value of the yuan stable as part of trade negotiations between the world's two largest trade economies. anys a move to neutralize move by beijing to devalue its currency to counter american tariffs. with me now is shaun donovan, coming to us from washington. was there any indication that this was something china was going to use as a stick for the u.s.? if anything, the yuan has been strengthening. shuan: what we saw last year that the introduction of u.s. tariffs were moved to the other side by some weakening's in the yuan, things that the administration had seized on here in washington as evidence that the chinese were somehow trying to undermine the u.s. tariffs. what they are try to do here is not pegged the yuan but nail down the chinese to get a commitment to keep it stable. that is a longer-term request from the u.s. secondly to make sure that those tariffs still have b

abigail, what were you watching? abigail: i'm taking a look at the 200 a moving average. on the nasdaq 100. to piggyback on what our guest is talking about, there is the week bottom he was talking about. last year, lots of volatility. the worst fourth quarter since 2008. that pattern appears to be done. the comment seems to be right. we see symmetry flatlining below the 200 a moving average. a can o -- a company that is a buy signal, but is waning. this year's rally for the risk assets may just lose steam in the weeks ahead. lisa: i want to take a look at treasuries. in particular, whether some traders are positioning for a reversal in the downward yield a trade we have seen over the past 12 months. let's take a look at ief. this has about $13 billion worth of assets. the short interest spiked to a record high in recent weeks, which i find interesting given the fact you have seen a rally in this debt. something to keep an eye on as we debate whether or not you are seeing a real tug-of-war with the message being sent by bonds and stocks. >> i've been keeping an eye on the

here with the details is abigail doolittle. abigail: we are looking at a risk-on rally globally.e a look at the nasdaq 100, up 1.4%. european stocks are also revving. 2.6%,a, the nikkei is up best day of the year. so there is relief perhaps from investors around the world of that trade progress could be made this week, and that a government shutdown could perhaps be averted. crude oil trading higher, another risk asset and another segment of the risk asset silo. sector what is happening wise for the s&p 500, you will see lots of green. look at the map in the bloomberg , here is all the green. s&p 500 sector trading higher, financials, consumer discretionary, on the bottom is real estate. the fact that it is lower is actually in the idea that we sentiment.sk-on in terms of what is helping the nasdaq 100, the top performer, lululemon it is. trading higher in sympathy with under armour. take a look at these two stocks. under armour was all over the after disappointing first-quarter guidance, but they did beat estimates over all and reduced inventory. and then this stock did not go d

here is abigail doolittle. abigail: we certainly have a bearish day for stocks in the u.s.nd europe. take a look at the nasdaq 100 in the u.s., down 1.25%, on pace for its worst day in more than a week. , but the down 1.7% technology sector index is down 1.8%, on track for its worst day in more than a month. -- all of this confirmed by a mild bid for the yen. investors frightened a little by global gross fears. we have some underperformers here. marv l technologies down 4.2%. apparently the demand for storage controllers is a bit weak. aftercroelectronics down announcing they were acquiring 50% of capital share. micron down 3.9%. it is not clear what is happening here. if we take a look at the chart of the day in the bloomberg, this may help explain it. this is a three-year chart. in white, the memory pricing. flash in blue. out of 2015, both moving the right way. peeking for the stoxx, then both coming down. but take a look at the stoxx, higher above the 200 day moving average. that may just suggest the fundamentals are telling you this index may drop back down. investors

we salute abigail areas in the freeport police department, tonight's midnight hero's.watched and most grateful you spent the evening with us, happy friday night, good night from washington. i am mike emanuel in for shannon bream. (ala♪m goes off) wake up sweetie. ♪ doctor dave. see ya. ♪ here's your order. ♪ hey. applebee's to go. now that's eatin' good in the neighborhood. starts with looking buiat something old,nk and saying, "really?" so capital one is building something completely new. capital one cafes. inviting places with people here to help you, not sell you. and savings and checking accounts with no fees or minimums. because that's how it should be. you can open one from right here or anywhere in 5 minutes. seriously, 5 minutes... this is banking reimagined. what's in your wallet? good night from washington. "hannity" is next. >>> this is a fox news awe letter. we have major developments on the political chaos in virginia. hang on to your seats. it will be a wild night. this special edition of "hannity," "the left in crisis." i'm dan bongino in for sean. in th

abigail: small moves on this tuesday for the major averages. on the downside now, moving between gains and losses. investors wanting more info on trade. we have fed chair jay powell and tomorrow,ay and not a lot new coming out of those comments as you can see by the stock market being flat, but we do have their russell 2000 down half a percent, and relative to the 10 year yield, more sensitive the fed commentary, we saw earlier today, the lows down more than two basis points, right now down more than two basis points. the 10 year yield right around where it was when the fed did make that a policy shift at the investorsuary, so wanting more clues and that is not coming out of the testimony now as opposed to whether or not it is apposite head of more rate hikes or if they are stopped at this point from a tightening cycle. that is influencing the s&p 500. we look at this when your chart, and we see over the last year arrange and battle between the bulls and the bears between 2600 and 2800. last year, the s&p 500 in the above that moving average. t

not a bridge just a few blocks rom our home, where john and abigail and i drove over nearly every daybut it happened. suddenly, the eyes of the nation were on our state, and america saw in a very visceral way that everyone matters. everyone. in that off-duty firefighter, who dove into the again,water over and over looking through those cars and survivors.merged for they saw it in the story of aul, the semi-truck driver who sacrificed his own life by eering off the road to save a school bus full of kids. they saw it in the school staff member, jeremy hernandez who rescued each and every kid on bus as it e school hung precariously next to a plummeting 30 r feet. later, we worked across the aisle to get the federal and we rebuilt that in just over a year. community, that's a shared story. people doing y extraordinary things. of my friends, that sense community is fracturing across our nation right now. the petty and our politics. of we are tired of the shutdowns of the showdowns, gridlock and the grandstanding. snowy day, on we say enough is enough. nation, our nation must be overned not

vonnie: here's abigail doolittle.igail: we do have lots going on from a political standpoint, and of course from a macro standpoint. stocks ticking a little bit of a hit. it's been remarkable how much stocks have withstood all the noise going on, but at this point we have modest declines for the s&p 500 and the nasdaq. the s&p 500. on pace for his first three down days of the year. we also have the russell 2000 underperforming. as for those three days for the s&p, not a big loss. 1%, butut 4/10 of sometimes these have been very suddenly. again, if we were going to swing back down from that 2800 level into a range towards 2600, it could have very subtly, so this could be some. the debate attention to dragging this could be something to pay attention to. dragging on the day, celgene byer opposition to a merger wellington and starboard. apple down about three quarters of 1%, on pace for its worst day in about two weeks. that could have something to do the fact that co-founder steve wozniak said he thinks the company may

that is the big rover that abigail was able to talk about. we are sharing the same general area, but in a slightly different location. we zoom in on that landing site, ellipseour landin where we intended to land. and those navigators and landing team people can do their job well because we landed right there in the elipse. you zoom in closer and mars reconnaissance orbiter got detailed images of where insight has landed. the big images a pre-landing image showing the relative location of the different items, the heat shield landed north by the big crater. the parachute landed down south. if you look closely at the parachute image, you can see the deflated parachute lying on the surface of mars. the lander was there in the center and you can see we have a blast zone as the thrusters came in for landing, blowing off the loose, dusty material from the surface of mars. what did we do after landing? 30 30 minutes after landing, we had to deploy our solar arrays so we could generate power to continue with the mission. we did this 30 minutes after l

commodities, abigail, what are you watching?e dollar to look attractive -- up about half a percent. down from those highs the last nine days, mixed action with more down days similar to today not, but over the year and over the last four quarters, the dollar has been up and that may just continue. the buyers are taking control, and we are looking to higher lows which tells you the buyers are very confident. we could just see the dollar index go back above 100. it is hard to know what that means theoretically. time will tell. heinz, a 27ft percent drop in shares today is dragging down a lot of other etf's that have tracked this for quite some time. when you take a look at the ft, i drops on kra wanted to take a look at a lot of the dividends that track it. etf's thatery much focus on very specific factors suched to kfr -- kraft as dividend and value play. they are going to cut their dividend by about 36%. they ranked the stocks they put in there by the 50 stocks that have the highest dividend yields among the s&p 900. kraft was i

police officers all across texas came in to show their support for abigail.recious little girl and so sweet of them. those are my heros. coming up, alarm bells are big-time ringing in u.s.rooms ud rooms with a possible brexit just week away. we'll look at the possible fallout for american companies when we come back. ♪ baby could you blow my heart up? ♪ for what you need. great news for anyone wh- uh uh - i'm the one who delivers the news around here. ♪ liberty mutual has just announced that they can customize your car insurance so that you only pay for what you need. this is phoebe buckley, on location. uh... thanks, phoebe. ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ with expedia, i saved when i added a hotel to our flight. so even when she grows up, she'll never outgrow the memory of our adventure. unlock savings when you add select hotels to your existing trip. only with expedia. cheryl: u.s. companies are warning investors about increasing risk of a hard brexit, let's bring in jane foley, jane, these companies are saying that th