Yesterday, another record high how concerned should we be about our health and the health of the economy . And three full days until the president ial election. A live report from what could be a key county in the deciding of the election power lunch starts right now welcome to power lunch. Another down day for the market. It is the dow clearly outperforming the nasdaq three of the four tech giants reporting yesterday are lower right now. Apple, amazon, facebook, google in the green twitter off its low hitting a major roadblock today. Exxon and chevron under attack and underperforming. Are these stocks still worth investing in well get into all of that we begin with stocks closing out a bad week and a bad money bob pisani tracking the action for us good to see you its a tough end of the week and tough end to october look at these stats here were not closed yet but still pretty bad worst week since march 20th. Dows worst month since march. Its the second straight down much for stocks an
German company to raise profit outlook. We talk to the ceo at 11 30 cct. Good morning, everyone it is monday hope you all had a great weekend and it is a new week, especially for those investors caught with political tensions between north korea and u. S. , sent stocks down, the worst performance since last november. On this monday morning, seeing a bit of a relief rally. If we look at the indexes one by one, these gains are broad based. Ftse up by a half point. Dax surging by 1. 12 we will talk to the cfo later today. When it comes to the sectors, what youll see is that we see a bit of a rebound when it comes to the Banking Sector, up by 1. 7 this is one that was hurt pretty heavily. Auto trading high on the back of fiat report that oil and gas are underperformers. Back to the big political story that kept us busy over the weekend. President trump under fire for failing to explicitly condemn white supremacist groups, this where a man drove his car into people protesting against extrem
To the pulse live from london. I am Francine Lacqua. Us. S it is a big day for it could be a monumental day in terms of the jobs report. Analysis as the case of whether or not janet yellen will pull the trigger in december could be made after todays jobs report. Francine bank of England Governor Mark carney weighed in on the debate. He spoke to us exclusively yesterday and expressed confidence in the fed. Governor carney the u. S. Economy is performing quite well in a new normal sense. This is not the u. S. Economy of precrisis years. What matters most to our timing is the reasons why u. S. Monetary policy adjusts. So we would expect u. S. Monetary policy to adjust because that economy is continuing to grow. There is reflation. This recovery in the u. K. Started after the recovery in the u. S. We are catching up. We are now at a point where we have more or less leveled in terms of too much of growth. We will take our decisions. We are informed by what happens in the u. S. It matters fo
Today come inside not the deal will tougher diplomacy in the future. Every time ive heard that ive smiled at god, are you kidding me . With what leverage. This is our leverage. The sanctions are the leverage. We are going to get tougher in the future. This is the toughest moment. It gets softer from here. Iran is the single largest sponsor of terrorism in the world. Theyve made a change against yemen or their actions against a solid in syria. This deal is though, hope, not on facts and trusts. Everyone in this body hopes to get a diplomatic solution. We cannot base an agreement with iran on hope if we cannot verify it, if we cannot see the documents, if theres been no change in behavior. We should assume we still have the status quo. Lets push back. Lets get the better deal. Lets not allow centrifuges to stay in place and continue Ballistic Missile testing. The deal is half cooked. Lets get a fully baked and finished a diplomatic solution but not just hope this works out in the days ah
Today come inside not the deal will tougher diplomacy in the future. Every time ive heard that ive smiled at god, are you kidding me . With what leverage. This is our leverage. The sanctions are the leverage. We are going to get tougher in the future. This is the toughest moment. It gets softer from here. Iran is the single largest sponsor of terrorism in the world. Theyve made a change against yemen or their actions against a solid in syria. This deal is though, hope, not on facts and trusts. Everyone in this body hopes to get a diplomatic solution. We cannot base an agreement with iran on hope if we cannot verify it, if we cannot see the documents, if theres been no change in behavior. We should assume we still have the status quo. Lets push back. Lets get the better deal. Lets not allow centrifuges to stay in place and continue Ballistic Missile testing. The deal is half cooked. Lets get a fully baked and finished a diplomatic solution but not just hope this works out in the days ah