tune in for that. >>> glencore will buy a stake in the teck coal business glencore will pay $7 billionor a 77% stake in the business. this comes after the total takeover bid was turned down earlier this year. >>> and vodafone said the a adjusted earnings will be flat at 1.3 billion euro. >>> and coming up on the show, prime minister rishi sunak s shuffling the deck in the bid to move on from the drama and a familiar face returns. slap the label on ito the box and it's ready to go our cost for shipping, were cut in half just like that go to shipstation/tv and get 2 months free ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. shipstation saves us so much time it makes it really easy and seamless pick an order print everything you need slap the lab

is buying a 77% stake in teck resources coal business glencore offered to merging giving $23 billionompanies and later spinning off the coal business. >>> and india's trade minister says tesla is aiming to double the exports and imports for the electric vehicles. the trade minister making the comments after visiting the factory in freemont, california. >>> and apple's largest supplier, foxconn, is boosted with electronics ahead of the holiday season, but there was weaker demanded for pcs. foxconn predicts holiday sales will decline as they face concerns for the demand for the latest iphone and other devices. >>> ahead, one word every investor needs to know today, plus why our next guest says the beaten down ocstk at 35% this year is a buy. that name is next. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you

one story, glencore ceiling a nearly $7 billion deal for the coal division of canada's teck resourcesaving a way for a breakup. we will have the details next. this is bloomberg. ♪ dani: has get overdone rally in reaction to cpi? we are catching up with laura cooper who says they are. take a look at what the bond markets are doing. we are down 20 basis points for the 2 year yield which is the biggest move we have seen since march when svb collapsed. 13 basis points when it comes to the 30 year yield. there is a catharsis in the market at a built-up a lot of shorts because expectation was that the cpi would be hot. it is lower which has allowed the equity market to take off. >> and take off in a material way. 2% plus moves across all of the major benchmarks. the nasdaq 100 is up. the small caps have captured our attention. we are looking at an almost five full percent move on the russell 2000. all of that boosted by the expectation that soon, may be midway through next year, we will be talking about a fed cutting rates and not hiking. and that translating back through the fx market as w