we have pronounced moves when you think of thyssenkrupp.e will discuss that in more detail later in the show. in terms of how other parts of the market are reacting from the announcement from the president-elect, let me take you to how we traded so far in asia. look at the nikkei 225. it is down .90%. the shanghai is down marginally at this stage. when you think of the export led asian companies and how they moved so far today, indeed, a clear link in what we heard from the president-elect and how investors are positions themselves as a results. let's get a check of how u.s. futures are shaping up. yesterday, we had a strong session on wall street. to give you the idea, the dow, s&p and russell 2000 all hit intraday highs on monday. in the wake of the announcement from the president-elect, looking at futures at this stage, they suggest a mixed start to the session on wall street with quite flattish moves. the announcement from donald trump has changed the market narrative in last 24 hours. here at cnbc, we have talked about these all mornin

these are the two main elements for thyssenkrupp. guess investors like the fact they still keep their dividend untouched despite the turmoil there. it is attractiveness to think the shares have a little bit of a way to go on upside potential. shares are down by more than 40% year to date. so, this little jump today is just probably a bounce on the positive cash flow and also the decisiveness of the management to say next year there will be a decision on steel europe and tkms. >> annette, a quick one. when you think about what the election could mean for the industrial landscape in germany and you have clarify whether we will see a little bit more momentum and little bit more support from the next government. you were highlighting the climate transition, but what about reviving more broadly the landscape for germany? >> reporter: it remains or depends on the outcome, of course, of the elections are and how powerful the spd will be in that most likely grand coalition. the likelihood of the cbu will win by the election is very high give

talking about the steel unit of thyssenkrupp planning to cut 40% of their workforce.l get the details on that story. let's check back in on european futures, now shuttering under the pressure. is europe next will be the question for some investors when it comes to these new tariff threats from incoming u.s. president donald trump with european futures currently down .8% and the messaging has been around canada, mexico and china in the last 24 hours but there will be a concern that germany and the eurozone will be next. u.s. futures currently flat on the s&p and nasdaq futures pointing to modest gains of under .1%. play more coming up. stay with us. this is bloomberg. ♪ it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever

. >>> sales of thyssenkrupp jumping after the $1 billion impairment.s talks for a joint venture for the steel unit. >>> the hong kong court sentenced 45 activists in prison in the biggest national security case ever. the defendants were arrested in 2021 over the participation for the opposition legislative candidates. >>> coming up on "worldwide exchange," the one word every investor has to hear today and the stock pick every investor needs to know. >>> plus, capitol hill is busy as lawmakers race to get their to-do lists done before the year ends. on the agenda is keeping the lights on for the federal government. we're back in just a moment. ♪♪ amazing. jerry, you've got to see this. i've seen it. trust me, after 15 walks, it gets a little old. ugh. stop waiting. start investing. e*trade ® from morgan stanley. >>> welcome back to "worldwide exchange." lawmakers have a long list of things to accomplish off the holiday. we have emily wilkins here with more for the top priorities on congress and the full to-do list. emily, good morning. >> reporter: they

the steelmaker thyssenkrupp announced monday it could shed up to 11,000 jobs by 2030. bosch and ford in germany. in terms of the situation in germany, michaela, we will talk to mina in a second about the uk situation, but in terms of germany, ford said today that the one thing they really need is government backed incentives to blue is the uptake of electric vehicles. are there any such incentives for german consumers?— any such incentives for german consumers? not right now. and they won't _ consumers? not right now. and they won't have _ consumers? not right now. and they won't have them _ consumers? not right now. and they won't have them before . consumers? not right now. and i they won't have them before we see elections. this is the fundamental problem that the time between now and the snap election is expected for the 23rd of february will be lost time to actually get anything here in germany, something specific like those subsidies, but even a broader concept that saw really competing concepts from the economics minister, the trade minister and the then finance