US stock future indexes pointed to a slightly higher open today (SPY +0.2%), suggesting the American indices are poised for another round of record highs. Yesterday was the first time since 1999 that the Dow, S&P 500, Nasdaq Composite and Russell 2000 managed to simultaneously break new records.
Here is the current market situation from CNN Money
European markets are higher today with shares in London leading the region. The FTSE 100 is up 0.82% while France's CAC 40 is up 0.68% and Germany's DAX is up 0.52%.
TOKYO/SYDNEY (Reuters) - An Asia-Pacific trade deal stands almost no chance of working now that U.S. President-elect Donald Trump has pulled the plug on it, proponents of the pact said on Tuesday, opening the way for China to assume the leadership mantle on trade.
WOLFSBURG, Germany (Reuters) - Volkswagen is putting the Americas at the heart of the turnaround plan for its core VW brand, pinning its hopes on new higher-margin SUVs and electric cars to rebuild its image following the diesel emissions cheating scandal.
LONDON (Reuters) - Oil prices rose on Tuesday to their highest this month as a growing consensus emerged in the market that OPEC would overcome internal disputes and scepticism to strike a deal that materially reduces crude output.
TOKYO (Reuters) - U.S. buyout firm KKR & Co is buying Nissan Motor-backed auto parts maker Calsonic Kansei Corp for up to 498.3 billion yen ($4.5 billion) in its biggest deal in Japan, seizing on a rare chance there to do a multi-billion dollar purchase.
(Reuters) - Dr Pepper Snapple Group Inc said on Tuesday it would buy antioxidant beverages maker Bai Brands LLC for $1.7 billion, in cash, in the latest example of a soft-drinks maker investing in products that are perceived to be healthier.
(Reuters) - Dollar Tree Inc , the biggest U.S. dollar-store chain after its acquisition of Family Dollar in 2015, reported a better-than-expected quarterly profit on Tuesday, helped by lower merchandise costs and freight expenses.
NEW DELHI (Reuters) - Ratan Tata's decision to acquire steelmaker Corus for more than $12 billion, when a year earlier it was available at half the price, went against the reservations of some board members and senior executives, Cyrus Mistry said on Tuesday.
After Trump stunned the nation during the second presidential debate with Hillary Clinton, in which he quipped that under a Trump presidency "she would be in jail", and suggested that he would demand a special prosecutor probe into Clinton's email server and the Clinton foundation, moments ago MSNBC's Morning Joe reported, citing a source, that president-elect Donald Trump will not pursue any investigations into his former political rival Hillary Clinton "for her use of a private email server and the Clinton foundation."
Trump reportedly feels that Clinton has "been through enough."
Source tells @Morning_Joe @realDonaldTrump won't pursue investigations into @HillaryClinton for private email server use/Clinton Foundation.
— Morning Joe (@Morning_Joe) November 22, 2016
Trump had routinely attacked Clinton on the campaign trail over her use of a private server as secretary of State and for foreign donations to the Clinton Foundation while she was in the Obama administration.
The report, first announced by Mika Brzezinski, comes just a week after a 60 Minutes interview where Trump indicated that he may not launch a full investigation into the Democratic nominee. "I'm gonna think about it," he said at the time to Leslie Stahl. "I don't wanna hurt them. They're good people," he continued of the Clintons.
"Allowing system to get larger and larger and we do not understand risk"
"In 1998, Wall Street bailed out a hedge fund; in 2008, the central banks bailed out Wall Street; in the next financial crisis which could be tomorrow or could be in 2018, who is going to bail out the central banks?"
Canceling scheduled changes to overtime regulations before enactment would lower employers' payroll and compliance costs and increase profits. The cancellation would also lower employees' pay but increase real family income.
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