Chart for the markets. Obviously we would start there, thats what dan nathan is calling this stock so dan, why dont you walk us through what this is and why its so important to investors lets talk about jm porgen. This is a best of breed bankheading into the crisis. The stock was trading at an all time high. There were a lot of investors out there in january signaling this is a chart representative of the economy that were in, prepandemic, i just have to tell you, this thing has acted pretty horrible on the way down, its down 35 on the year, and that is relative to the s p 500, down less than 10 on the year. The balance off the lows in march was fairly anemic relative to the s p 500 whats important is that investors seem to be focused on the stocks that got us here prepandemic. We know that it was the maga, the microsoft, apple, google and amazon its the bank stocks that are important to look at here. They touch parts of the economy that are going to struggle over the next few quarters
Expectations china vowed to retaliate against u. S. Tariffs set to go into effect september 1 were now on track for a higher open lighthizer said its not possible given your past behavior so an awful lot to absorb today. Very interesting that the futures are up exactly the amount they are right now. They issued a very strident set of words toward us at the same time, announced stick l stimulus for hong kong where is what the president said on twitter what happened and without that, i think theyre going to view the olive branch of moving back to december as an illadvised move because the chinese arent playing ball were going to have Chuck Robbins later on this hour the chinese derailed their outlook. Asking them not to bid on business things are getting very, very tense. If we let that dominate the headlines and forget to look at what walmart said today, i think well have a false narrative because of how bad things are. Remember, we are not a big export nation. But yeah, the gloom is pr
The comment president making now are on the south lawn of the white house, as you look at the white house live in washington. He is making them now. You know how this works by now. Once he is finished well get the tape playback from the president with the breaking news at this hour. Jackie meantime fox Business Team coverage from washington to wall street. Blake burman at the white house, Deirdre Bolton on the floor of the new york stock exchange, phil flynn watching all of the action in oil. Big day at the cme were going to start with blake. Reporter let me try to walk you through the beginning of how everything started at the white house today that led us to where we are. Earlier today the president had a meeting with his trade team, the folks who were in China Shanghai negotiating with china facetoface for the First Time Since may. Members of his tray team, members of the Economic Team as well briefing the president. After that meeting, at least at the end of that meeting we got a t
Well, who is now senior sergey is older now sergey and what are you considering here . Yes, compromising evidence on wolves. And what is typical notepad this one was won from me yesterday, and today they returned it, where here in the department, right from this office, one of andryushas own, well, you judge for yourself there are only employees here, otherwise there are more employees of the Teaching Staff, but its impossible to check everyone. Yes, and no need nikolaevich he read it got nervous and please, gray died. And who is he . Yes, here he is. It cant be. Well, fathers son. Hello police on duty vostrikov, how can i help you yes police, what happened to you . Well, think about who benefits from death before, for example, we have an emergency. What happened to the Grocery Store at zuevromed gypsies . Not really, like some kind of punks, 10 maskers, well , send them there, urgently, two outfits of the Teaching Staff are good. Well , thats all. It started enough for me to sell a pl
Celebrate their holiday on the front line, as always in the hottest areas of the special operation about the work of paratroopers. Donald trump will be charged with a new criminal charge this time for trying to influence the results of the 2020 elections awards, a solemn ceremony was held in the Catherines Hall with the highest state awards marked the activities of outstanding russians in the field of education, science, medicine , health care, culture, agriculture , industry, the president also awarded servicemen who distinguished themselves during a special military operation roman sobol attended the ceremony. The poet veteran alexander nedogonov once wrote a medal from one metal, slaughtering a medal for work, really selfless work is also a feat, and war is for military personnel dangerous work, you came to the front line with a common goal with a common goal to be with the fatherland and with your people in a difficult moment to protect our ideals, to defend our culture , to defend