30Dec2019 Midday Update: Wall Street Slips From Record Levels As Traders Book Profits, DOW Down 105 Points, WTI Crude Slipped Off Its 62.30 High, Gold Steady At 1514

Here is the current market situation from CNN Money

Nestle wraps up 20 billion Swiss franc share buyback, launches new program

Swiss food giant Nestle said on Monday it had completed a 20 billion Swiss franc ($20.7 billion) share buyback program and reiterated plans for a new one up to the same amount starting next year.

Tesla delivers first China-made Model 3 sedans in just under a year

Tesla has started delivering Model 3 electric cars built at its Shanghai factory in just under a year since it began work on the $2 billion plant, a record for global automakers in China, and said it would ramp up deliveries from next month.

World stocks slip as rally pauses, dollar eases

The dollar slid on Monday on a loss of safe-haven appeal, and global stock markets fell as a year-end rally lost steam after pushing stocks to record highs in 2019.

Wall Street slips from record levels as traders book profits

Wall Street slipped on Monday as investors booked profits on the penultimate day of the decade after optimism over improving U.S.-China trade relations fueled a stock market rally this month.

‘Do Not Sell My Info’: U.S. retailers rush to comply with California privacy law

U.S. retailers including Walmart Inc will add “Do Not Sell My Info” links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what personal and other data the retailers collect, sources said.

Oil hits three-month high on upbeat data, Middle East tension

Oil prices rose on Monday to three-month highs, lifted by optimism over an expected China-U.S. trade deal and upbeat industrial data, while traders kept a close watch on the Middle East following U.S. air strikes in Iraq and Syria.

White House adviser says China trade deal signing expected soon

The White House’s trade adviser on Monday said the U.S.-China Phase 1 trade deal would likely be signed in the next week, but said confirmation would come from President Donald Trump or the U.S. Trade Representative.

U.S.-China trade deal signing within week or so: White House adviser

The United States and China will likely have a signing of Phase 1 of a new trade deal early in the new year, White House trade adviser Peter Navarro said on Monday.

Satellite imagery company Maxar to sell Canadian unit for C$1 billion

U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its Canadian space robotics business to a consortium led by Northern Private Capital (NPC) for C$1 billion ($765 million), in a bid to ease its debt.

Bank Of America: Trend For 2020s Will Be The “End Of Globalization”

Bank Of America: Trend For 2020s Will Be The “End Of Globalization”

Authored by Paul Joseph Watson via Summit News,

Bank of America says that one of the dominant trends for the 2020s will be the œend of globalization as countries increasingly realize that the phenomenon has brought unsustainable œsocial disruption.

Putin Thanks Trump For A Very Real ‘Christmas Gift’

Putin Thanks Trump For A Very Real ‘Christmas Gift’

Even though Kim Jong Un’s threatened “Christmas gift” to the US never materialized, it does appear that President Trump did give Russia a sincere Christmas gift which may have saved many lives.Â

The two leaders spoke in a holiday phone call on Sunday in which Putin thanked Trump for providing information which the Russian president said helped security services foil terror attacks over the holidays. Specifically it was a plot set to take place during New Year celebrations.

The Ethics Of A Gold Standard

The Ethics Of A Gold Standard

Authored by Antonius Aquinas,

The efficacy of a metallic monetary system is beyond dispute at least among real economists which eliminates just about 95% of whom are now engaged in the œprofession.  Money, which gold is, allows for specialization, the division of labor, and provides the means for mankind to escape from barter and, thus, a primitive existence. Like free trade, money naturally integrates mankind both among and between peoples.

Yardeni Warns 20% Pullback Could Strike Early Next Year

Yardeni Warns 20% Pullback Could Strike Early Next Year

Veteran Wall Street strategist and Yardeni Research founder Ed Yardeni told CNBC on Friday that the stock market melt-up could run into exhaustion because valuation multiples are getting too rich.

“I’m concerned about a possible melt-up here,” Yardeni said. “I’ve been shooting for 3,500 for the S&P 500 by the end of next year, and we’re getting closer. Faster than I would have expected.”

PMC in mind, RBI to crack down on lending norms by co-op banks

PMC in mind, RBI to crack down on lending norms by co-op banksRBI is working on a plan to cap exposure limits for UCBs for a single borrower/party to 10%.

Hinduja brothers ready bid for grounded Jet

Hinduja brothers ready bid for grounded JetGopichand Hinduja and Ashok Hinduja plan to submit an expression of interest by the Jan 15 deadline.

2020 may decide contours of Modi’s legacy

2020 may decide contours of Modi’s legacyIn the coming year, the political focus will largely shift squarely on governance.

What Is 5G? Behind The Mobile Network Of The Future

In this episode, we’re taking a look at what 5G is, why it’s better than 4G, and which companies are leading the 5G charge

30Dec2019 Pre-Market Commentary: Wall Street Stock Futures Flat, DOW Up 24 Points, WTI Crude Up To 62.07, US Dollar Slips, US Trade Deficit In Goods Drops 5.4%

Written by Gary

Stock-index futures trade near unchanged ahead of the next-to-last session of a blockbuster year for equities (SPY flat +0.01%). US fighter jet strikes, Middle East unrest puss up oil prices.

Futures Movers: Oil mixed after hitting 3-month high as traders keep eye on Iraq

Oil futures turn mixed after hitting a three-month high Monday.

Metals Stocks: Gold prices tread water near 3-month peak, on track for double-digit annual gain

Gold prices are nearly unchanged Monday, but still near a three-month high, as investors get ready for the end of 2019 with less than 48 hours remaining in trade.

Market Snapshot: Stock market dips in final stretch of 2019, on track for steepest drop in 4 weeks

U.S. stocks on Monday pull back during the penultimate trading session of what has shaped up to be a powerful year for equity indexes, supported in the final three months by optimism over a partial trade pact.