Stocks Open Higher, Norway's Machado Shock, Iran Blackout, More
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News when you want it with Bloomberg News Now. I'm Nathan Hager. And end of the week cheer on Wall Street as Friday trading gets underway before the long holiday weekend for MLK Day. That is the sound of the opening bell from the floor of the New York Stock Exchange. And at the open, the S&P 500 is higher by two tenths of one percent. That's a gain of about 10 points. The Dow Jones Industrial Average is just in the green, up about a tenth of one percent or 70 points. And the Nasdaq Composite is leading the early gains at the open up four tenths of one percent. That's a rise of about 100 points. We'll get back to the markets in a moment. But we continue to watch the reaction to Maria Karina Machado's move at the White House to give her Nobel Peace Medal to President Trump.
a recognition for his unique commitment with our freedom.
The Venezuelan opposition leader spoke after meeting the president at the White House. He responded on Truth Social, saying it was a wonderful gesture of mutual respect. This morning, Machado told Fox News the president deserves the prize. She calls him the liberator of her country. Norwegian officials are reacting with shock. One former politician calls it a total lack of respect for the award from the Norwegian Nobel Committee. Fears of a wider protest crackdown are building in Iran, with the country now under its longest Internet blackout on record. Golnar Motavali heads Bloomberg's Iran coverage.
President Trump does next with regards to Iran is going to be critical. Everybody's keeping a sharp eye on that and he's kept us very busy over the past few days and we're getting every day there seems to be fresh news whether it Whether it comes to U.S. military deployments or whether it's a statement from Trump that's softer on Iran, it seems to change.
That's Bloomberg's Golnar Motavali covering Iran from London. President Trump has said he would hold off on attacking Iran after getting assurances the protest killings would stop. Activists say nearly 3,500 people have been killed and at least 20,000 arrested in the last three weeks. A group of Congress members is in Copenhagen meeting with Danish lawmakers as both Denmark and Greenland step up lobbying against President Trump's threats to take over the island. Democratic Senator Jeanne Shaheen is with them.
The idea of a world where we have no alliances, where we have abrogated the international world order is not safe.
Democrat Jeanne Shaheen spoke this morning at the University of Copenhagen. Meantime, the longtime head of trade in the European Parliament says they're considering linking approval of a massive U.S. trade deal to President Trump backing down from his Greenland threats. The lawmaker says it's clear that national sovereignty of any country needs to be respected by all partners of the trade deal.
What financial trends are emerging at the start of the trading week?
There is no end to tensions in Minnesota.
Having to keep my baby mouth to mouth and people pouring milk all over my other kids. I thought I was dying, honestly.
That woman described her ordeal being tear gassed as she and her family were caught in the middle of an ICE confrontation with demonstrators in Minneapolis. President Trump has threatened to invoke the Insurrection Act and send in the military if state and local officials don't stop violent encounters with ICE agents.
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