With the markets near all time highs, and the November jobs report showing 260K+ jobs added with a record 3.5% unemployment, we await a fed decision this afternoon. The market is expecting no rate change.

U.S. aviation regulators won’t likely clear Boeing’s troubled 737 Max airplanes for flight until 2020, Federal Aviation Administration chief Steve Dickson told CNBC on Wednesday.
Dickson’s comments squash any hope that Boeing had of getting the planes re-certified before the end of the year.

“Like I said there are a number of processes, milestones, that have to be completed,” Dickson said in an interview on “Squawk Box.” “If you just do the math, it’s going to extend into 2020.”

BA shares are trading lower this morning on the news.

GameStop posted a loss of 49 cents per share excluding certain items on revenue of $1.44 billion, falling short of the 11 cent earnings per share and revenue of $1.62 billion analysts expected, according to Refinitiv.

Same-store sales also came in weaker than expected, at a 23.2% decline versus the 13.8% decline expected. The company cited the “unprecedented decline in new hardware sales seen across the market” as consumers await the release of next-generation gaming consoles.

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Tommy O'Brien
TFNN