One progress review should happen soon. More signs offers china strengthening rebound. Sales jumped by one third last quarter to 22 billion. The company insists it is no threat to u. S. National security. Lets take a look at how we are shaping up on this final friday session of the day. Lets get over to sophie he was taking a closer look. What are we watching . Vibes coming through with futures largely higher. We could see some weakness in korea following the drop that we saw for the kospi. On the docket today were looking at cpi from japan. Nikkei futures move slightly higher this morning, while the yen is trading below the 106 handle. Pulling up the chart on the terminal, we are watching to see if tech will bounce back in the region after thursdays selloff which saw the kospi with a big loss and the worst day for the regional tech index since march. Samsung took a hit on the south outlook for to prices. Prices. Outlook on chip potential hits on huawei and delayed 5g. That could hurt
1st known case of a repeat Coronavirus Infection raising new questions about cave at 19. Now the Police Shooting of a black man 7 times has brought protesters back onto the streets of several u. S. Cities crowds of come out in new york minneapolis and the city of can osha wisconsin where that shooting happened on sunday. As you can see tear gas was fired to force back the crowds who defied overnight curfew orders in that city demonstrators have also set fire to cars and garbage trucks used to block roads the National Guard was brought in earlier in the day off to violent protests on sunday 29 year old jacob blake was shot in the back as he leaned into his s. U. V. John hendren reports from connection. Get out the boat once again a local mayor struggles to answer for the put on a shooting of a black mayor all that lovin it all and how you are wrong this lately oh wow. Putting captured on mobile phone is difficult to watch jacob lake apparently unarmed walks around his s. U. V. His 3 chi
4 00 oclock on wall street, nasdaq up 300 and s p higher by 67. Wild fires raging up the west coast this morning, several people now dead, homes destroyed and evacuations underway. Many areas bathe in orange glow of fire. Almost open for business, new York City Restaurants can allow Indoor Dining at the end of the month but there are strict rules to follow. In the next hour a Restaurant Owner and lady gagas father joe is here to talk about the state of the Restaurant Industry and whether his daughter will take a seat inside. Sky high technology, we are introducing you today to what some are calling the smartest and best drone yet, Android Industries Palmer Luckey is here 8 30 eastern with exclusive announcement and back to grid iron this morning. Fox sports is back and bringing nfl along with it. We have a preview of games to expect. Mornings with maria is live right now. European markets trading mix, the dax index is higher by 43, we are waiting the European Central banks decision out
Acting customs and Border Protection commissioner mark morgan testified the Senate Homeland security and government official. Pretty discuss the challenges they coronavirus pandemic posed to his agency including passenger travel restrictions. The hearing will come to order. Im looking at the title of this hearing. Cbp oversight unit i was talking to mr. Morgan earlier. Wondering if he wouldve broken of four told the future before he took this position. He wouldve done so. Is been challenging yes. Crisis after crisis after crisis. So first want to say i want to thank the witnesses mr. Morgan or your perseverance and your service to the nation. About the past and present and in the future. Things are not getting a whole lot better anytime soon a fear. I would ask consent to my Opening Statement be entered into record. This hearing on the border that we have not had of quite a few months. Obviously need to is a chart. This really what i want to talk about in my opening comments. I think c
Geostrategic challenge with the rise of china poses for the United States, not just today but in the future. The communist party led people were public of china through unfair trade practices, intellectual property theft, market manipulation and very prominently, in my view, nonreciprocal treatment, not just in the economic round but in many realms i has been a fore in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds fastestgrowing economies averaging close to 10 growth from 19792015. In 2014 china overtook the United States ass the Worlds Largest economy purchasing power parity basis according to the International Monetary fund. I believe that there is a strong eipartisan interest hopefully we will see that today in establishing a longterm economic United States strategy with our allies that focuses on reciprocity, intellectual property theft, and ultimately, from the United States perspective out competing the chines