we are looking at the floor of the new york stock exchange. gerri willis tracking all of the action when it comes to retail. hi, gerri. gerri: that's right. you have the good news story. i have the bad news story. bed, bath & beyond stock is tanking today. they disappointed with earnings and revenue and then said oh, you know that forecast we gave you for results, forget it, we are not going to match that. they have had 11 consecutive quarters of declining same store sales. just a horror for them. the ceo saying guess what, i'm going to come out with a turnaround plan but not until this coming spring. so investors not happy about this, as you can see from what the share price is doing. >>> macy's is also down on news it's closing 28 stores, plus one bloomingdale's store. they did announce a smaller than expected fall in same store sales but are paying the price today. >>> kohl's also down here, as you can see, 7%. they released holiday sales numbers that missed expectations, but just barely, and jc penney announced the same thing, but their sam

it is perceived that the new york stock exchange is ahead with a spotify and slack. tching up? adena: i think both exchanges offer a good solution for companies who choose to have a direct listing. we have offered direct listings for a while and i think more companies are considering that path. >>>> how many? adena: is a niche offering. to those companies that are not looking to raise capital and have really great brand recognition out and among retail investors or have a business model that is easy to understand unpredictable. taylor: that was nasdaq ceo adena friedman speaking with our reporter in davos. bloomberg sat down with the president of the new york stock exchange, stacy cunningham, to get her opinion on the advantages of going public for both companies and investors. she spoke to tom and jonathan ferro in davos. there are a lot of conversations of why they are staying private longer. it is capital, regulation, all of these things. the fact that they are staying private means there's less of thereline in governance is less clarity around valuation. are these

you have minimum standards to be listed on the new york stock exchange.cap, shareholders as well. why not have esg as part of that? stacey: our standards are focused on investor protections. the conversations we are having are connected. if we put so many standards around requirements for companies to be public, they have alternatives. it is a different dynamic than it was years ago when you had to come to the public markets to get money. because there is money available in the private market space, we don't want investors to be denied those opportunities entirely. tom: this is not your remit, what i want your opinion on this. it's important. ferro has responded from the shock of losing money on -- jonathan: don't listen to him. tom: how do you respond when on your floor, they do the song and dance of an ipo or even the initial public offerings and they come out and they do the whole modern media dance and the thing goes down x percent. that is not good for the brand, is it? a largekeep in mind, in ipo like that, they sold $8 billion of stock. over time,

tell us what you see at the new york stock exchange. >> you say you're not seen buyers but you're not where the market has been all day. the news headlines have come out in the worst case scenario as far as gdp reduction comes out this market has not sold off. i certainly don't see the panic in it yet, the 1% move is hard to buy into. we might need a further decline to see people put money to work. >> give me a sense of what you see and how much you would be parking in the short-term treasury we do have the two-year deal yielding more than the five year period that the little teeny bit of inversion and a little fear trade. >> i think if you want to park money in the intermediate term i want to do in short-term, i would want to move further on the curve maybe into strategic income type fund instruments. or alternative bond funds. those things that get to a little bit of extra yield and credit exposure. better value in the treasury market. but i agree with what i have been hearing, it's interesting to me that the worst levels of the day liz: could i interrupt? we're seeing a bit of dete

for the year s&p and nasdaq down 5% down from its 52-week high let's get to seema at the new york stock exchange. >> yeah and we're watching the

diane king hall is at the new york stock exchange with that and more.g. >> good morning. in the earnings calendar netflix is set to release its quarterly results today. meanwhile, wall street begins a holiday-shortened week after being closed yesterday of martin luther king jr. day. the nasdaq rose 31 on friday and s&p 500 added 12. the american college of physicians is calling for an overhaul of the u.s. health care system ahead of the presidential election. the organization is demanding government action to guarantee coverage for all, reduce costs and improve the basic well being of americans. doctors have traditionally been central to the nation's health care debates. the american medical association's approval helped president obama pass the affordable care act in 2010. >>> boeing is seeking to borrow $10 billion or more amid the 737 max crisis. according to reuters the move comes amid rising costs for the u.s. plane maker. so far boeing reportedly secured at least $6 billion from banks. boeing has been losing roughly $1 billion a month due to the g

diane king hall is at the new york stock exchange with that and more. >> reporter: good morning. rates are not expected to change as the federal reserve gears up in its first meeting of the new decade. stocks rallied on wall street yesterday amid global efforts to contain the coronavirus. the dow jumped 187 points. the nasdaq soared 130, the s&p 500 was up 32. apple delivered a banner year quarter. revenue for the tech giant hit that ended december. the numbers were driven by sales of its iphone and services linked to the iphone including wireless ipods and apple services including apple tv were up 17%. makers of purel are being urged to be more transparent with consumers. the fda says they made unfounded claims about its popular line of alcohol based gels. they say the ohio based company falsely claims some forms of purel can prevent people from catching the flu, ebola virus and norovirus. they took immediate action following the fda's warning. >>> diane king hill at the new york stock exchange. thank you so much. >>> still ahead congress pays tribute to kobe bryant. lawmakers pu

diane king hall is at the new york stock exchange with that and more.d morning, diane. >> reporter: good morning, anne-marie. today, earnings season shifts back into full focus with a number of quarterly reports expected including apple. meanwhile, fears over the rapidly spreading coronavirus sent stocks tumbling yesterday. the dow dropped 453 points. the nasdaq skidded 175, and the s&p 500 sank 51. >>> some social media companies are scrambling to curb misinformation over the coronavirus. according to the "washington post," facebook is working with seven organizations to help fact check posts on its site. the platform has lowered the posts citing inaccuracies. yesterday, twitter started directing u.s. users searching for kroinsz-related hash tags to the cdc. youtube says it prior toyses more credible -- prioritizes more credible sources. >>> planter's is suspending the promotion of its super bowl ad campaign in the wake of kobe bryant's death. the snack food company released a teaser last week showing its mascot, mr. peanut, falling to his death. plant

it brought in $12 million. >> diane king hall at the new york stock exchange.ou so much, diane. >>> still to come coco gauff's run comes to an end. the 15-year-old tennis star is eliminated at the australian opening after a remarkable showing. showing. 's why i've got the power of 1, 2, 3 medicines with trelegy. the only fda-approved once-daily 3-in-1 copd treatment. ♪ trelegy ♪ the power of 1,2,3 ♪ trelegy ♪ 1,2,3 ♪ trelegy woman: with trelegy and the power of 1, 2, 3, i'm breathing better. trelegy works three ways to open airways, keep them open and reduce inflammation, for 24 hours of better breathing. trelegy won't replace a rescue inhaler for sudden breathing problems. trelegy is not for asthma. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. think your copd medicine is doing

diane king hall is at the new york stock exchange with that and more.ing, diane. >> good morning, anne-marie. investors will be on the lookout today for two big earnings reports from oil giants exxonmobil and chevron. meanwhile stocks rebounded yesterday. >>> the dow jumped 124 points, the nasdaq add 2d 3, the s&p 500 gained 10. >>> the chinese outbreak may benefit the economy. congress secretary wilbur ross said it could encourage manufacturers in china to return ao-caed victory lap over the virus, but added it does give businesses another thing to remember. critics say many u.s. companies with deep roots in china say they won't leave over the outbreak. >>> an out-of-house committee is investigating apps like tinder and bumble. they want procedures for verifying ages. officials also want to know about any complaints over assaults, rapes, or the use of the service by minors. dating services generally require users to be at least 18 due to concerns about sexual predators. >>> johnson & johnson has been ordered to pay over 340 million dollars in a decepti

today here at the new york stock exchange i'm at the disney post, that stock off a percent and a half coronavirus. the dow off 168 points right now, but well off the session lows, with we saw it drop more than 300 points. right now the biggest contributor to the dow, it's boeing. >>> even up for further session highs. we'll have a look at what's driving the action, the nasdaq

diane king hall at the new york stock exchange, thank you. stunning defeat for serena williams. the tennis champ suffers a major upset at the australian open. a major upset at the australian open. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taking brilinta without talking to your doctor, since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver proble

diane king hall at the new york stock exchange.hank you, diane. >> you got it. >>> still to come, they're your national champions. lsu dethrones clemson. to happen off a historic season. lsu dethrones clemson. it's tough to quit smoking cold turkey. so chantix can help you quit slow turkey. along with support, chantix is proven to help you quit. with chantix you can keep smoking at first and ease into quitting. chantix reduces the urge so when the day arrives, you'll be more ready to kiss cigarettes goodbye. when you try to quit smoking, with or without chantix, you may have nicotine withdrawal symptoms. stop chantix and get help right away if you have changes in behavior or thinking, aggression, hostility, depressed mood, suicidal thoughts or actions, seizures, new or worse heart or blood vessel problems, sleepwalking, or life-threatening allergic and skin reactions. decrease alcohol use. use caution driving or operating machinery. tell your doctor if you've had mental health problems. the most common side effect is nausea. quit s

marc liverman is at the new york stock exchange with that and more.orning, marc. >> reporter: hey, good morning, wendy. yeah, it's the first day of the new year for wall street today. investors will get the weekly report on initial jobless claims. the dow closed up 76 points on tuesday. the s&p added nine, and the nasdaq gained 26 points. >>> major drugmakers including pfizer have increased prices on more than 200 drugs nationwide. that's according to the health care research firm three axis advisers. on new year's day, prices went up on drugs from hiv and multiple sclerosis treatments to arthritis and asthma medications. according to drugmakers, nearly all of the price increases will be below 10%, and around half are in the range of 4% to 6%. >>> a new study suggests artificial intelligence is more accurate than doctors in diagnosing breast cancer for from mammograms. the study showed ai could identify cancers with a similar degree of accuracy to radiologists while reducing false positive results by more than 5%. the study was published in the journa

about 200 on new york stock exchange ross stores tjx, lowe's and other big names that are at new highs. overall markets are sitting in a very good position back to you. >>> bob, thank you very much the markets do clearly believe statements from both president trump and iranians they are trying to de-escalate the situation. are investors breathing a sigh of relief too soon with us now is michael rubin a mideast scholar. to that point, the iranian foreign minister said that this concludes the proportionate response phase of our proportionate response to what happened earlier last week with respect to general qassem soleimani. do you think that they are done exacting a price for what happened >> i think they are done in the short term but let's keep in mind that the iranian foreign minister has about as much control over iranian security policy as the municipal dog catcher does the decision to retaliate or not will be taken in the office of the supreme leader and among the islamic revolutionary guard corps. what made last night's missile strikes interesting was usually when iranians retal

credit card score and money was reporter diane king hall has that story and more from the new york stock exchange. wall street was mixed once again on thursday. the dow closed down 26 point the nasdaq gain 18 hitting a new record high. the s&p 500 rose 3. stocks in asia and europe mostly down and investors are watching how the coronavirus may hurt mobile economy. china is expanding the number of cities that have been effectively shut down in an effort to control the outbreak. more than two dozen people have died from the disease and hundreds have been impacted. the highest ranking arm a cynical executive to be convicted in the opioid crisis was sentenced to 5 1/2 years in prison yesterday. prosecutors say 76-year-old jahnke were orchestrated of bribery and kickbacks scheme to get doctors to prescribe painkillers for his company. according to the fda more than 8000 people died in the drug. changes to fico, the widely used credit score in the counsttry could dropmo some consumers credit score by 20 points or more. that is expected to make it harder for millions to get loans. likable great people wi

money watch reporter diane king hall has that story and more from the new york stock exchange. >>> wall street started the holiday shortened week under pressure. the dow dropped 152 points on tuesday, the nasdaq lost 18 and the s&p 500 fell 8. boeing doesn't expect its changes to the troubled 737 max jets to receive federal approval until the summer. several months longer than expected. the company is waiting for regulators to say when the max can fly again. it has been grounded since last march after two deadly crashes overseas. and that you're cbs money watch report. for more head to cbsmoneywatch.com. at the new york stock exchange, i'm diane king hall. >>> watch out for dangerous surf along the bay area coastline today. warnings have been extended and another day with the possibility of rip currents and sneaker waves. >> let's get another check on our forecast to emily. >> in honor of my birthday the rain has decided it will take a break. we have a few lingering showers this morning but those are moving out of the way. they are only a few out there and taking on hi-def doppler you c

it says in the matter of the new york stock exchange so if you're going to surmise from all of that it like the focus is on the new york stock exchange, but again, if slack is what touched it off, it's probably the biggest investigation since you have the specialist probe 10 years ago, which as you know, set off enormous changes of how the market is structured. so that's where we are right now when i get more i'll be back on the air. neil: he's the best out there, period, done, said. you probably saw this coming when she laid off her entire staff but now presidential candidate marion williamson has suspended her campaign. more after this. he wanted a man cave in our new home. but she wanted to be close to nature. so, we met in the middle. ohhhhh! look who just woke up! you are so cute! but one thing we could both agree on was getting geico to help with homeowners insurance. yeah, it was really easy and we saved a bunch of money. oh, you got it. you are such a smart bear! call geico and see how easy saving on homeowners and condo insurance can be. that's it. i'm calling kohler about the

company to be valued at one trillion dollars the company's stock traded at a record high at the new york stock exchange on thursday adjoins amazon apple and microsoft in the so-called trillion dollar club china's birth rate dropped last year to its lowest since the communist country was founded in 1949 trying to relax its one child policy and 2016 but the change is not resulted in more pregnancies there are concerns that an aging society and shrinking workforce will pile pressure on a slowing economy. they berlin international green week gets underway today it's one of the world's biggest agricultural trade fairs and has been held here in the german capital for nearly a century this year's partner country is creation known for things like wine and citrus fruits and a special kind of cheese that's made only on a remote island take a look. around the hundreds of pack island sheep belong to the saloon a family but foaming isn't that the nice old sitting come. like many other families this meanies all say walk in towards them in the summer. that's because printing sheet is labor intensive often arduous wor

that prompted the new york stock exchange to temporarily halt trading until the compa ny‘s formal updatelet's get more on this from our north american business correspondent michelle fleury, who sent us this report from new york. wasn't meant to be like this stopping the grounding of the 737 max jet wasn't expected to last this long, but boeing is pushing back the date for its return to service stopping the new delay comes after two recent discoveries. a software floor requiring more work than expected and an audit that found that some of the wiring on the plane needed to be rebutted stopping the means thejet needed to be rebutted stopping the means the jet will miss the busy summer means the jet will miss the busy summer travel means the jet will miss the busy summer travel season means the jet will miss the busy summer travel season for a second straight year. that is peak revenue season, and that could add to the compensation that the us plane maker ends up paying airlines. to recap, the max was grounded in march of 2019 after deadly crashes that killed many people. 0verly optimistic

boom over the past couple years last year was absolutely ridiculous the performance of the new york stock exchange but how far does that money get i mean it goes to shareholders does it go on to society to communities does it go to helping the environment these are the big questions that created 2 back has been raising here and very valid i mean how sustainable of these practices that's also something that one of the managing directors of the software maker told me just recently. if we have more sustainable. this is in place and business is more greener and thinking about all this stakeholders not just the shareholders then the long term profits will be much higher and that would be great for both. us the planet and also for shareholders themselves you talk of those tax cuts this gets down to i think what you're saying is inequality and that's something we're seeing in developing countries as well as in developed countries that must be a big topic here at davos is. definitely not just to say inability but also. trying to change things around to see that inequality is actually tackled it's been a b

tom: i've learned to be really double medic in my career, having run the new york stock exchange -- reallyiplomatic in my career, having run the new york stock exchange. backfires. i was i will tell you that this regulated, and in some cases heavily regulated, that doesn't really negatively impact the business at all. the regulations are well known. this business started 40 years ago. there were no back taxes 40 years ago. sweden and permitted that. -- sweden implemented that. now there are 73 countries was back taxes. it has grown up with the regulatory regime, so it has become second nature. it is not a particular concern. vonnie: we have to leave it there, but thank you for coming in, and congratulations. tom: great to be back here. thanks for taking interest. vonnie: we are going to find out from you what you are going to do next. our thanks to tom farley, far point acquisition chairman and ceo, global blue chairman as well, and thanks to bloomberg's sonali basak. next week, we will hear from the finance from in davos. we will be asking what's next for negotiations between the e.u. and

david faber at the new york stock exchange, kramer is at the 38th annual jpmorgan conference in san franciscoa host of ceo interviews an including with bliss toll myers later on this hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. the chinese delegation heads to d.c. today for an expected phase one signing on wednesday >>> plus new ceo, same crisis. what to expect from boeing's new chief executive, david calhoun, who takes over today and the future of the 737 max. >>> then there were four, alphabet nearing the trillion-dollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. all three major indices are in the green since the beginning of the year led by the nasdaq's 2% gain as we were saying on "squawk" a few moments ago, jim, if lulu yes, ma'am of lemon is a clue to the earnings season, maybe this rally has been justified >> we have two conference this is ek wweek, icr in orlando an

and many of its allieallies >> we have a news alert on casper filing to go public on the new york stock exchange. let's go to diedra for more there. >> that's right. casper slate the direct consumer mattress company revealing its ipo perspective, planning to trade on the new york stock exchange under cspr morgan stanley, the lead underwriter. welcome to the sleep economy, valuing it at more than 430 billion globally they have 1.4 million customers since 2014 losses here as investors glow patient with the growth at all costs model. casper's losses are increasing looks like the race of those net losses is deaccelerating in terms of risk, they list it history of losses. competition, its need for exp d expanded brick and mortar presence and social media. casper was last valued at just over a billion dollars glittery list of investors here include ashton kuchar, kevin spacey, scooter brawn and leo decap row. >> that's a lot of name dropping going on there >> i couldn't resist >> it's great. diedra, thank you for that appreciate it. coming up, a boeing employee says clowns and monkeys made th 737 max

gerri willis at new york stock exchange with today's big rally.ick it off with hillary at the white house. hillary? >> melissa, all senate democrats and two senate republicans left the closed-door briefing with the trump administration's foreign policy team today unsatisfied. some of them were outraged after one administration official asked congress not to take up any war powers resolution debating the limitation of any further action against iran over concerns it would send iran the wrong message. >> to come in and tell us that we can't debate an discuss appropriateness of military intervention against iran. it is un-american. it's unconstitutional. and it's wrong. >> we have 97 senators there. 15 got to ask questions. as questions began to get tough, they walked out. reporter: house speaker nancy pelosi left her briefing with secretary of state mike pompeo and defense secretary mark esper and cia director gina haspel ready to bring the house resolution tomorrow. that her concerns were not addressed in the briefing. secretary of defense mark esp

. >>> and let's take a live look at the new york stock exchange, the big board is showing us we're up points. >>> plus the sights and sounds of miami as super bowl fever takes over the city. our own julian glover is giving us a tour off the beaten path. >> he's really immersed himself. >> he's living. >> he is. he's calling it working. but he's living. >> it's nice and warm there, we'll get a little bit warmer but not that warm. >> we're not getting near 80, we won't have the humidity nor thunderstorms that will be there friday and saturday. we have a little touch of winter this morning. temperatures 12 degrease cooler. let's go along the peninsula, low 40s. 40 for menlo park and redwood city. 44 to 48 for the rest of the peninsula. a little bit of fog around livermore and the sunol grade. 40 there. we have 44 in oakland. 40 in napa. 46 in san rafael. san francisco 48. 45 in fremont. here's a look at the richmond side of the richmond-san rafael bridge, look at that. no cloud cover. completely dry. other than those foggy spots, your commute today will be fine. let's talk about the peni

. >>> right now you're looking at the big board of the new york stock exchange. we're starting up about 150 points. another update on how the markets are doing coming up next. >>> there were a lot of predictions about what would happen in the year 2020. were those predictions right? what people in the past thought they would see in the future. >> we'll get to those stories in a moment. first we're checking in with drew. >> we're tracking that fog. we have a dense fog advisory for solano county and sacramento until 10:00 a.m. this morning. we've been tracking this all morning long. livermore is an yissue with visibility down to a quarter mile. napa about a mile of visibility. this fog will linger. the high surf advisory. this was extended. it was supposed to expire this morning. now it expires later tonight at 9:00 p.m. we have an active ocean current going on now. the risk of rip currents and sneaker waves is running high along the coastline. 40s and 50s out the door right now. it's a mild start to the second day of 2020. temperature-wise, we're on our way to a n

i'm morgan brennan on the floor of the new york stock exchange at the ibm stock leading the dow higherr yesterday's close. overall, though, a little bit more of a mixed picture as the dow tries to hang onto the gains into today's close with just 59 minutes left to trade. >> and i'm sarah eisen in davos switzerland where president trump tells cnbc he'll impose for tariffs on europe if they don't make

. >>> you're looking live at the big board at the new york stock exchange.r update on how we're doing coming up. >>> san francisco eyeing a big change to the embarcadero in the name of safety. it could make driving on it a bigger challenge. 6:36. all those stories ahead. first checking in with mike and the storm moving in. >> it's moving in, that's the key. the cold front is out to our we west-northwest. that's where the heaviest of the wet weather will develop. we're waiting for that to push through. once it pushes through the thunderstorms are waiting for us on the other side for the afternoon. here's the heavyrain bearing down on the peninsula. i will adjust that. give me one second here. let me move this further to the east. san francisco, it's going to be there any minute now. about 6:41 if it's not already there. we've got oakland at 6:55. hayward at 7:06, antioch at 7:28. those showers, the nell lows and oranges there, those are the ones that will put down the standing water and make things treacherous to drive around. in that area things are about to

right now a live look at the big board at the new york stock exchange. we'll have another update on how the markets are doing coming up. >>> tinder announces a major safety upgrade. what users can do if dates are not going as planned. those stories are ahead. here's mike with the forecast. >> starting out with temperatures. welcome to friday. we're cooler in places like menlo park, 42. pacifica at 52. that's your spread across a partly cloudy peninsula. you can see where the fog is thickest in the south bay, east bay and north bay. mainly mid to upper 40s. livermore right at 40 degrees. here's a look at some of our roads and highways that are covered in the thick fog that's making the visibility so dangerously low. 121, 12, 29, down towards 80 and 780 going to be altamont pass, going into livermore, highway 84, a bit of fog there. one area in the south bay not covered by fog, 280 and 17 but getting hazier there. let's look at your 12-hour planner for the north bay, foggy through 9:00, high clouds and sunshine, low 60s this afternoon. 55 at 7:00 is comfor

and iran, so here's a live look at the new york stock exchange.bout 127 points. overnight futures were down as oil prices surged. here's a heads up if you own a mercedes-benz. the company is now recalling about 750,000 vehicles because mercedes-benz says the car's sunroof could potentially detach and fly off. the recall affects the c class, e class, clk class and cls class made between 2001 and 2011. the glue used to attach the glass can deteriorate. >>> for the first time in its 60--year history, little caesars will start delivering. they have made a dea until now you could only pick up little caesars pizza and bread sticks at one of its 5,000 locations across the country. >>> the consumer electronics show is known for bring the latest innovations, but also some bizarre products. tell us what you think about this one. charmin unveiling the roll-bot which connects to your phone and delivers a fresh roll if you find yourself in a bind. the robot has a version of the crahm charmin bear as its face. as one viewer pointed outs, you still have to repla

. >>> the big board at the new york stock exchange starting up 60, 70 points. another update on how the markets are doing next. >>> but first, a check of weather here with mike starting with our temperatures this morning. >> the temperatures are milder thanks to the cloud cover out there. running in the mid-40s to mid-50s. i want to get this updated really quick. this is one of those areas, the richmond side, that had a little bit of drizzle this morning but it looks like the lens is clear. you can see a little dampness there on the roads, something we need to worry about is that drizzle. now getting back to those temperatures, kumasi. we are upper 40s to low 50s through most of our east bay neighborhood. even 53 in pittsburg. a look elsewhere, upper 40s in mountain view and san carlos. everybody else around 50 to 55 in oakland. the san mateo bridge dry. drizzle is possible when you get over to the peninsula. we had a little bit at the airport this morning. for driving, mass transit and your bay commute everything is fair because of the chance for drizzle and s

diane king hall is at the new york stock exchange with that and more. >> reporter: investors will getweekly read on initialss claims. here on wall street stocks closed mix on wednesday. the dow fell nine points. the nasdaq rose 12. the s&p 500 finished flat. >>> consumers who purchased a short term health insurance plan during open enrollment season may be surprised by their plan. many low cost plan don't cover basic health necessities such as prescription drugs orma alternativity care. trump administration rolled back restrictions on short term plans in 2018. crypts quickly labelled them junk insurance warning they come with gaps. >>> boeing's newest ceo is suggesting the production of 737 max will resume this spring even before regulators green light the plane to fine again. david calhoun said the assembly will start in a few months. calhoun believes passengers will fly on the max when federal regulators say it's safe. the faa grounded the max late last year after two deadly crashes overseas. >>> new vacation rental platform has launched that caters to women. it's called go lightly.

for the year s&p and nasdaq down 5% down from its 52-week high let's get to seema at the new york stock exchange. >> yeah and we're watching the enten year here. stocks and yields falling again as the impact of the coronavirus on the economy and major businesses continues to spread we're also watching copper that's often seen as a proxy on chinese growth trading lower for the 11th consecutive session and it's worth noting that the sell off did start overseas sharp losses in asia, europe was down b about 1%. the dow is currently off the lows of the session, but we're still down triple digits some of the big losers, take a look at dupont posting a weak earnings outlook ibm, nike, united health, also lower then we're looking at different parts of the market responding to the coronavirus fears. cruise lines under pressure as we await test results from a 54-year-old chinese woman who was put in isolation on board a cruise ship in italy which is own eed by carnival carnival down 12% in one month what's interesting is that in the past couple of days, technology has held up well especially after those b

near record highs seemingly every day, does it make stocks vulnerable to a pullback on any negative news? bob b pisani at the new york stock exchange with more >> we have got a one two punch here today first late in the day, we have the nuews about boeing's planes, the 737 max maybe not available until the summer that hit us then we had these concerns with the cdc has con pirmed the first case of the coronavirus in the united states and there you see, there's boeing move to the downside and the s&p 500 also losing some altitude late in the day on that as well. you can see the move to the downside overall here. if you just take a look at the sectors here, a lot of this was china related earlier in the day. so china stocks have been weaker metals and mine iing. banks weaker as banks move to the downside th they, too, have now turned negative take a look at the ones that hit the most air liblines across the board having a tough today united, delta here in the united states luxury goods, remember the chinese new year, a lot of money being spent. so some goods like lvmh, gucci, all down finally want to make a note about downgrades today

gerri willis on floor of the new york stock exchange with market action there. gerri?eporter: susan it was another record breaking day on wall street. all three major averages finishing record territory, the dow nearly crossing into 29,000. didn't quite make it there. it was up 211 points at new all-time high. the s&p 500 up 21. nasdaq higher by 74, above 9200 for the first time. it was a handful of big cap tech stocks leading the way here. apple, microsoft, tesla. all finishing higher at record levels. boeing doing very well indeed on a report that iranian missile was a likely cause of a crash of the 737 plane in tehran on tuesday. iran is initially tried to pin the accident on a mechanical issue. tomorrow of course, we get the all-important jobs number. we're expecting 160,000 jobs were created, that would be down from the previous month. but we're seeing the rate holding steady at 3.5%. susan, back to you. susan: thank you so much, gerry. catch the december jobs report which is due out tomorrow morning. all of the action will start at eight p.m. eastern time on "mor

. >> welcome to post nine at the new york stock exchange. great to have you with us on this wednesday our investment committee here today, joe teranova, pete naj rachlt ian and amy raskin, chief executive officer of chevy chase trust, barron's top 50 investors. after a strong open on the back of some very big earnings, not the least of which is apple. pete, good to have you back on the desk all-time high today for apple stock. iphone beats, wearables up year on year. serviceables, that was a miss. still, the company is a juggernaut. >> it is a juggernaut. the miss was a miss. when you look at the growth, scott, it's still there at 19% i look at the install base, all these different things they missed on 300 million put that intoperspective of what this company just earned for the quarter in terms of the billions was that a huge number no did they miss it absolutely there's probably reasons why tim cook say they may have missed on that number. the real thing they've been going after has been wearables they're absolutely scorching in that depa

gerri willis on floor of new york stock exchange. first susan li live in the newsroom with the latest on the virus. what is happening, susan? what is the latest? susan: the who whether to delay the virus as public health emergency which would add more resources to containment. the epicenter is chinese city of wuhan, taking extraordinarily steps in containment and quarantine. canceling all flights, all trains, all buses out of the city. internally suspending subway services and ferries and buses as well. after the death toll climbed to 17, doubling in one single day. cases in china reaching over 540 and this is really concerning to chinese authorities. the second case confirmed in the city of hong kong, one in macao and one possibly northern mexico. we yesterday heard from the cdc here in the u.s. confirming the first case of coronavirus, a man in his 30s, from wuhan, traveling to seattle in good condition. this is something about containment. and this is stopping speed of spread. connell: that one case, seattle area, as you say man i

they rang the opening bell on the floor of the new york stock exchange.is here with the story. reporter: the abr trading today, the company was down here to celebrate that. the world's forth largest pure play beauty group that owns avon. the company focusing on lead to direct to consumer market on cosmetics and beauty. natura had a strong platform. it owns the popular body shop, listing in the u.s. and brazil. revenues over $10 billion to 100 million consumers 3200 stores in over 100 different markets. 40,000 employees. we spoke to the chairman of natura. he said this. >> this really takes us to the next level in terms of becoming a multibrand, multichannel company, with a brand that beloved brand. it has a presence in over 100 countries, that gives us the possibility to continue to grow our business, our company, at the same time, really embracing what something, very important for us, we charge values, causes that actually you say between natura and avon. reporter: they expect the deal to yield some synergies. 150 million to 250 million annually the fir

they are looking for a listing on the new york stock exchange.were expecting this in the first half of 2020. morgan stanley and goldman have been working on it. it's last investment round was valued at $1.1 billion. we should mention investors include targets. , a new enterprise associate. this brings something long in the works. a mattress unicorn company. this is bloomberg. ♪ amanda: this is bloomberg markets. the $7 trillion push. the biggest emitters of greenhouse gases to change their ways. has this been in the works for a long time? >> climate action 100 plus is a group that has been in the works for three years. they signed up some of the largest asset managers in the world. blackrock joining is the world's largest asset manager so it's a big win for the group. amanda: in terms of the difference it will make in the world since the idea is to get real assets investing in this way, how do we measure against the impact of it? annie: the group is trying to get more disclosure from greenhouse gas emitters about their activities and trying to ge

quite a day it was at the new york stock exchange. reporter: whoo-hoo is the technical way to describe what happened today, up 212. brand new spanking high for the dow. it had to go up 123 points to make that high. it did indeed. 23 points shy of 29,000, darn it. nasdaq closing above 92. i had to look at number, hard to imagine we're there, 9200 for the first time. what is going on here? investors happy about the resolution of a what appeared to be horrible crisis in the middle east. they're thinking about january 15th, signing of the china deal. no stock embodied what has gone on, push and pull of markets more than apple. it hit an all-time high today, reporting that in china they had an 18% gain in sales of their handsets, their phones. jefferies raising price target to 350. all analysts are trying to catch up with the apple stock, raising price targets across wall street. that new high, 310.43. not closing at that level. another stock that might surprise you here doing very well indeed, boeing bouncing back after u.s. officials say

i'm wilfred frost at the new york stock exchange. we have a big selloff. was down 600 points or 2% on the dow. with 59 minutes left we are down 543 points >> welcome, everyone i'm sara eisen let's look at what is driving the action fears of the coronavirus as american, delta and united all suspend flights between the u.s. and china. the chicago pmi number plunges

month in december, all that's good news, right, let's get to the floor show, we have the new york stock exchange cme group, let's get to sarge, these numbers prove to me as this economic data comes in that the consumer is still in pretty good mood and continuing to spend which ultimately is very good for the economy and i would argue for the markets as well, right? >> well, it's, yes, the consumer has been aggressive and the consumer has been great, you know, the strength in the retail sales report actually came from building materials and -- and garden supplies, so i guess if you gave your kids bag of cement for christmas. [laughter] >> we are pricing in the china deal, if the chinese live up to expectations or what they've committed to, the second year that adds half a percent of gdp, that's 1.5% right there, we are tracking 1.8% in the fourth quarter, this gets us all to the numbers that president trump was talking about when he gets elected, now if you throw a middle-class tax cut as larry kudlow was speaking in fox business, well, then we have a bull game, folks, doesn't seem so crazy, now

naomi ruchim is at the new york stock exchange with that and more. >> good morning.using market. the commerce department is set to release december housing stats. meantime another record rally on wall street yesterday after a batch of solid economic data. the dow gained 267 points, the nasdaq added 98 points and s&p 500 was up 27 points. google's parent company alphabet is a $1 trillion company. fourth company to hit that milestone. apple was the first american company to hit a $1 trillion cap msoft and amazon. apple and microsoft are still valued at more than a trillion dollars while amazon has fallen below that mark. the senate overwhelmingly passed the president's signature trade deal with mexico and canada. the massive overhaul cleared the senate on an 89-10 vote. it's dubbed the usmca passed the house last month. the white house says the new trade agreement will lead to significant economic and job growth in the u.s..est' desk for his signature. >> gap has nicked plans to spin off it's brand. it determined the move would be too costly and complex. they pinpointe

he is at the new york stock exchange >> go back two years -- actually, one year and 50 weeks ago is the moment, late january of 2018 that i a couple of months after that called peak happiness. what was that? the level of maximum valuation to that point, investor optimism and momentum in the market all three of those things seemed to have peeked for the cycle in that moment. i was quick to say even in the absence of those things the cycle can grind on and you actually have higher index levels would the those things getting to their prior peeks however, what we are seeing right now is resembling those conditions we have the highest forward valuation for the s&p since we had then that's an observable number we are keeping an eye on right now. it was lower in 2018 because most analysts had not incorporated the tax cut benefit to earnings in 2019. arguably we are at peek valuation. optimism is getting there. i think a lot of the options based trading and position indicators are telling us we are pretty much he stretched on that level. what is different is the cadence. it has been a more orde

next we're headed to the floor of the new york stock exchange.nd out what the traders are saying about this outbreak in china. also later president trump will release his long-abated middle east peace plan tomorrow. will this really be the deal of the century? we've got a preview. ♪. charles: at the moment, dow, s&p and nasdaq on way to erasing most of their gains for the year as coronavirus fears continue to slam the market. lauren simonetti on the floor of the new york stock exchange. what are traders saying, lauren? reporter: at one point the dow was negative on the year. not the case now. everyone is trying to determine ahead of big earnings this week from apple, microsoft. these are one trillion dollar tech companies, is 358 points off on the dow today, a breather, a pause that refreshes? or start of something new as we get more information on the deadly new coronavirus. talk about positives today. you are looking at one. meridian biosciences up 20%. they have a component can be used for eventual vaccine, screening test of the coronavirus vi

jackie deangelis on the floor of the new york stock exchange. jeff flock is watching the action in oil and gold from the cme. blake, let's kick it off with you. reporter: hi, there, melissa. there will be a big briefing on capitol hill, wednesday afternoon, scheduled to be at this point, involving the secretary of state, the secretary of defense, the chairman of the joint chiefs of staff and cia director. those four will be briefing members of congress about the president's decision to launch that airstrike that took out the iranian general qassem soleimani. democrats here in washington have a host of complaint about the strike's legality and timing, what repercussions could come potentially as as a result. appearing on rush limbaugh show this afternoon, president trump said soleimani's demise was long overdue and in the national security interests of the u.s. >> he should been taken out a long time ago. we had a shot at it, we took him out. we're a lot safer because of it. we'll see what happens. we'll see what the response is if any, you have

for more, head to cbs money watch.com at the new york stock exchange i'm dianne king hall. 4:48 this morning. yes. . . . >> never mind. >> talking a little rain this morning. >> a little bit. this is really a weak system bringing in a few light showers for the bay area and that's really about it. other than that we are looking at high pressure building in and a big warm up in store for us. here's a lye look with our roof cam and we are cheering on our 49er's tower lit upreand gold this morning. check out our temps. definitely not as chilly as yesterday morning. many spots in the low 50s. concord and oakland. san jose and santa rosa all in the low 50s and 47 for liver more. so your weather headlines it's a cloudy start. also dealing with some patchy fog this morning. as we head through our day looking at a few light showers late in the morning and early afternoon with this cold front pushing through. but it's really going to fall apart and just a moment we are going to be warming up later this week definitely feeling more like spring by friday and saturday. and we do need the rain. so

we go the new york stock exchange for that and more.g, naomi. >> reporter: today investors will get the weekly read on initial jobless claims. on wall street stocks closed higher yesterday. the dow rallied 161 points. the nasdaq set a record closing up 60 points. s&p 500 added 15 points. president trump plans to attend the annual world economic forum in davos, switzerland later this month. this will mark the president's first time on the world stage since the u.s. military strike in iraq that killed iranian general qassem soleimani. president trump pulled out of last year's gathering citing the partial government shutdown. >>> takata is recalling 10 million more front airbag inflators over fears they could explode. they were sold to 14 different car companies. automakers will determine which models are affected and launch their own recalls. this recall is the last one takata agreed to in a 2015 settlement with safety regulators. 25 people have been killed worldwide by takata inflators. >> uber ended upfront ride pricing in california in

gerri willis live on the floor of the new york stock exchange. ect to hear from ibm today? >> it is going to be interesting. the stock is higher today, up 11% on the year, but earnings, we are going to see, right? earnings estimate on the bottom line, revenue estimates, as you can see right here. look, ibm typically beats on the bottom line but we're expecting revenues here to be lower for the sixth time in a row. lots of questions about this company. the major one red hat, when will we see like the full benefits of this acquisition? it's an open source software company with ibm acquiring it last year and yet we're still looking for some real impact for ibm. the stock has done well this year, but on friday morgan stanley downgraded the company to equal weight from overweight, pointing to market share losses as businesses move to other cloud-based vendors. a lot of people in front of me here as we come into the close. back to you. ashley: always the sign it is almost done. many people hit gym for new year's resolution, i am not one of this i am the