Asian shares rise after US stocks set records as fears fade. Lawmakers approve Brexit bill, UK on course for Jan 31 exit. Stocks open higher on Wall Street ahead of China trade deal .
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The Early Bird Newsletter

Friday, January 10th

S and P pricesDow pricesQQQ prices
David Haubner
Markets

Asian shares rise after US stocks set records as fears fade

Asian shares rose Friday as worries receded the United States and Iran might be stepping closer to the edge of war, and U.S. indexes hit records. Japan's benchmark Nikkei 225 edged up 0.2% in morning trading to 23,776.09. Australia's S&P/ASX 200 rose 0.7% to 6,923.50. South Korea'...

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Lawmakers approve Brexit bill, UK on course for Jan 31 exit
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Lawmakers approve Brexit bill, UK on course for Jan 31 exit

Britain passed a long-elusive milestone on the road to Brexit on Thursday when the House of Commons approved a bill authorizing the country’s departure from the European Union at the end of the month. Lawmakers voted by 330-231 to pass the Withdrawal Agreement Bill, which sets the ter...

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Stocks open higher on Wall Street ahead of China trade deal
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Stocks open higher on Wall Street ahead of China trade deal

Stocks are opening broadly higher on Wall Street as traders welcome news that China's top trade official will head to Washington next week to sign a preliminary trade deal with the U.S. Technology companies and banks led the way higher

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Global stocks, oil prices stabilize as Iran anxiety eases
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Global stocks, oil prices stabilize as Iran anxiety eases

Global stock markets and oil prices edged up Thursday as anxiety over potential U.S.-Iranian armed conflict eased. Indexes in London and Frankfurt rose after Tokyo closed more than 2% higher. Shanghai and Hong Kong also advanced, while Wall Street futures pointed to gains on the open....

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China's economy czar going to Washington to sign trade deal
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China's economy czar going to Washington to sign trade deal

China’s economy czar will visit Washington next week for the signing of an interim trade deal, the government said Thursday. Vice Premier Liu He, Beijing’s chief envoy in talks with Washington over their tariff war, had been expected to attend the signing but the Commerce Ministry’s s...

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Soaring pork prices keep China's inflation at 7-year high
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Soaring pork prices keep China's inflation at 7-year high

Soaring pork prices that nearly doubled in December over a year ago kept inflation at a seven-year high despite government efforts to ease meat shortages caused by a disease outbreak, official data showed Thursday. Surging inflation adds to challenges for communist leaders who are try...

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US long-term mortgage rates fall; 30-year loan at 3.64%
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US long-term mortgage rates fall; 30-year loan at 3.64%

U.S. long-term mortgage rates fell this week to their lowest level in 13 weeks, as financial markets roiled by U.S.-Iran conflict pushed investors toward the safety of Treasury bonds. The yield on Treasury bonds, especially the 10-year note, tends to influence mortgage rates. Mortgag...

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From Our Partners

New 5G Device is Revealed to Public for the First Time

A groundbreaking new technology is expected to be in every household in America by the end of the year...

This technology has the potential to make over 266 million smartphones become obsolete forcing nearly every American to switch over to this new "5G Device".

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Kohl's, Penney report holiday sales declines
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Kohl's, Penney report holiday sales declines

Mall-based retailers J.C. Penney, Kohl's and Victoria's Secret parent reported sales declines for the holiday season, underscoring continued challenges ahead from online rivals and other low-price competitors. The reports, issued Thursday, come one day after Macy's reported a small d...

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Gavin Newsom
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California could be 1st state to sell own prescription drugs

California could become the first state to make its own prescription drugs under a proposal announced Thursday by Gov. Gavin Newsom, who says it would “take the power out of the hands of greedy pharmaceutical companies." The Democratic governor wants the nation's most populous state t...

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CES Gadget Show: Pizza from robots, underwater scooters
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CES Gadget Show: Pizza from robots, underwater scooters

Robots were front and center at the CES gadget show in Las Vegas. One even made pizza. The annual CES technology conference in Las Vegas runs through Friday and offers a forum for companies to unveil their products and services for the coming year. Here are some highlig...

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Fed should focus on fighting low inflation, official says
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Fed should focus on fighting low inflation, official says

A top Federal Reserve official says the US central bank needs to re-orient its policies toward fighting inflation that is too low, rather than its historic focus on keeping inflation from getting too high

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Microsoft looks to detect sex predators in video game chats
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Microsoft looks to detect sex predators in video game chats

Microsoft says it has developed a technique to detect online predators who try to groom children for sexual purposes using the chat function in multiplayer video games. The tech company, which makes the Xbox gaming system, announced Thursday that it's sharing the tool with nonprofit o...

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An Olympic First: Cardboard beds for Tokyo Athletes Village
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An Olympic First: Cardboard beds for Tokyo Athletes Village

Tokyo Olympic athletes beware — particularly larger ones. The bed frames in the Athletes Village at this year's Olympics will be made of cardboard. Sturdy cardboard. “Those beds can stand up to 200 kilograms,” explained Takashi Kitajima, the general manager of the Athle...

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The Early Bird Stock Of The Day

Heico Corp

Heico Corp

HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, structural, interconnect, mechanical, and electro-mechanical components for the commercial, regional, and general aviation markets; and offers repair and overhaul services for jet engine and aircraft component parts, avionics, instruments, composites, and flight surfaces of commercial aircraft, as well as for avionics and navigation systems, subcomponents, and other instruments utilized on military aircraft. Its Electronic Technologies Group segment provides electro-optical infrared simulation and test equipment; electro-optical laser products; electro-optical, microwave, and other power equipment; electromagnetic and radio interference shielding; high-speed interface products; high voltage interconnection devices; high voltage advanced power electronics; power conversion products; and underwater locator beacons and emergency locator transmission beacons. This segment also offers traveling wave tube amplifiers and microwave power modules; three-dimensional microelectronic and stacked memory products; harsh environment connectivity products and custom molded cable assemblies; radio frequency and microwave amplifiers, transmitters, and receivers; communications and electronic intercept receivers and tuners; self-sealing auxiliary fuel systems; active antenna systems; and nuclear radiation detectors. The company serves the U.S. and foreign military agencies; prime defense contractors; and commercial and defense satellite and spacecraft manufacturers. HEICO Corporation was founded in 1949 and is headquartered in Hollywood, Florida.

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