Written by Gary
US major stock indexes opened lower (SPY -0.2%). Wall Street rally apparently has fizzled out in the final days of the decade.
Here is the current market situation from CNN Money | |
European markets finished lower on Monday with shares in Germany leading the region. The DAX is down 0.66% while London’s FTSE 100 is off 0.59% and France’s CAC 40 is lower by 0.07%. |
What Is Moving the Markets
Here are the headlines moving the markets. | |
Ghosn flees to Lebanon, says won’t be ‘held hostage’ by Japan’s justice systemOusted Nissan boss Carlos Ghosn was in his childhood home of Lebanon on Tuesday after fleeing what he said was a “rigged” justice system in Japan, raising questions about how one of the world’s most-recognized executives slipped away while on bail. | |
Oil falls but on track for biggest yearly rise since 2016Oil fell on the last trading day of the decade on Tuesday but was still on track for monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade row and Middle East unrest. | |
Nissan ex-boss Ghosn entered Lebanon legally: security directorateNissan ex-boss Carlos Ghosn entered Lebanon legally and will not face any legal consequences, Lebanon’s General Directorate of General Security said on Tuesday, according to the state news agency NNA. | |
Tencent gets into global groove with stake in Vivendi’s UniversalA Tencent-led consortium is taking a 10% stake in Vivendi’s Universal Music Group, valuing the music label that houses Lady Gaga and The Beatles at 30 billion euros ($34 billion) and giving the Chinese firm a global backstage pass. | |
Singapore’s GIC part of consortium investing in Vivendi’s Universal Music: sourceSingapore’s state investor GIC is part of the consortium led by China’s Tencent that’s buying up to 20% of Vivendi’s Universal Music Group (UMG), according to a source familiar with the deal. | |
Qatar’s state investor also part of Tencent’s Universal dealQatar Investment Authority (QIA) is another member of the Tencent-led consortium buying a 10% stake in Vivendi’s Universal Music Group, a source familiar with the deal said on Tuesday. | |
Futures dip as year-end rally cools offU.S. stock index futures dipped on Tuesday after retreating from record highs in the previous session, as a Wall Street rally, fueled by optimism around U.S.-China trade progress, fizzled out in the final days of the decade. | |
Euro gains and sterling shines as growth optimism cheers investorsThe euro, the pound and a clutch of trade-sensitive currencies rallied as the dollar slid to a six-month low on Tuesday, with investors confident that global growth prospects are improving and U.S.-China trade relations significantly better. | |
Ghosn lawyers still in possession of his passports, lawyer saysOusted Nissan Motor Co boss Carlos Ghosn’s three passports were held by his lawyers and he could not have used any of them to escape Japan, one of the lawyers told reporters on Tuesday, adding that his client’s actions were “inexcusable”. | |
US Home Price Gains Accelerate Again (But Not In San Francisco)US Home Price Gains Accelerate Again (But Not In San Francisco) Following September’s (the last data point) modest reacceleration in home prices (the first since March 2018), Case-Shiller’s October data is expected to stabilize at +2.10% YoY. But instead, the 20-City Composite accelerated significantly – rising 2.23% YoY – the fastest since May… | |
Kansas Cop Busted Faking Coffee Cup Hate CrimeKansas Cop Busted Faking Coffee Cup Hate Crime An Kansas City police officer resigned on Monday after he was caught writing “Fucking Pig” on his own coffee cup at a Junction City McDonald’s. | |
50 Numbers From 2019 That Are Almost Too Crazy To Believe50 Numbers From 2019 That Are Almost Too Crazy To Believe Authored by Michael Snyder via TheMostImportantNews.com, One of the best ways to determine where things are heading is to look back at how much has changed over the past 12 months. 2019 has been one of the most memorable years in our history, and it has certainly set the stage for the critical events of the decade to come. However, not everyone views this moment in our history the same way. For example, one œexpert that is being heavily quoted by the mainstream media is claiming that 2019 was the culmination of œthe best decade in human history . His main argument seems to be that since œthe ecological footprint of human activity appears to be shrinking, the world must be a better place than it was before as a result. And certainly there are many other voices out there that are boldly proclaiming that we have entered a golden new era of peace and prosperity and that the best is yet to come. You can buy that argument if you want, but there are other voices that believe that everything that is wrong with our society is reaching a very dangerous crescendo. For those with that perspective, it appears that we are very close to a societal tipping point and that the years ahead are when we will finally pay the price for decades of exceedingly bad decisions. So what do you think? Will the 2020s be the best of times or the worst of times? … | |
Futures Slide On Last Day Of Stellar Year, Dollar Tumble AcceleratesFutures Slide On Last Day Of Stellar Year, Dollar Tumble Accelerates Global markets and US index futures dipped on the last day of the year after retreating from record highs in the previous session, as a spectacular Wall Street rally which saw the S&P return almost 29% in 2019 fizzled out in the final days of the decade. | |
A Rs 102 lakh crore road map to put India on track to $5 trillionA Rs 102 lakh crore road map to put India on track to $5 trillionThese projects are on top of Rs 51 lakh crore spent by the Centre and the states during the last six years. | |
Will 2020 bring better days for shadow banks?Will 2020 bring better days for shadow banks?Higher borrowing costs, rising defaults and rating downgrades made 2019 a tumultuous year for NBFCs. | |
CNG vehicles may soon get 20% cheaperCNG vehicles may soon get 20% cheaperGovt aims to raise the share of natural gas in country’s primary energy mix to 15% by 2030 from 6% now. | |
Pope Francis wants you to put your smartphone away in 2020 ” scientists say you’d be wise to take his advice‘Despite their ability to connect us to others across the globe, phones may undermine the benefits we derive from interacting with those across the table,’ wrote the authors of one study. | |
Market Snapshot: Stock futures flat as Wall Street prepares to ring out a banner yearStock-index futures point to a flat start for U.S. equities as Wall Street prepares to ring out a banner year. | |
The New York Post: White House says former chief of staff John Kelly took protest D.C. license plates off Trump limoKelly tells New York Post he has no idea why the White House says he made the call to remove the plates |
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