States right now in washington, fragile hopes for a stimulus deal remain Speaker Pelosi and secretary treasurer mnuchin are expected to talk this afternoon in hopes of getting a deal done. A full economic recovery has a long way to go and another expert said many lost jobs may not come back. All 11 s p sectors are lower 59 minutes to go we are making new session lows with the dow down 400 points. Lets get to the market downturn we just referenced. Mike santoli is tracking all of the action no trigger but a clear response. The only trigger that seems clear at all is the mark of 2 30 eastern time, when the downturn accelerated. It seems as if it is essentially kind of getting ahead of the close, peeling down exposure we did have that good rebound into last week from the late september lows we had some positioning indicators suggesting people were full up on equity there has been a pattern of strength overnight in equity futures opening up strong and selling throughout the day it seems li
Delivered. Bonds are performing a bit better now, a tightening of the spread, 2004150 is where we are trading right now. In the u. S. We are seeing gains in spite of the initial jobless claims figure that put shivers down your spine. Stocks are just going the other direction. The s p 500, up 1. 4 . The nasdaq, running away with things once again today. All but three sectors in the s p are higher. You can see that there is definitely a risk. Belowoil is still well 18 per barrel. Gold is continuing to is the dollar, although it is off the highs of the session. The dollar, miss versus the other currencies and the euro right now, whether is not much change but you have currencies like the Canadian Dollar that are stronger today on the bounceback in oil. Guy . Lets get some more insight into what is happening with these markets. As we indicated, European Union leaders are holding that conference about delivering massive economic stimulus measures. The need for a positive outcome from the me
That and so much more on making money. Charles right now tariffs are due to hit china, next month, december 15th. Looks like it will not happen. I want to go to Edward Lawrence live in washington with more. Edward if. Reporter the big news, charles, the big headline, the chinese expect no new tariffs to be added. They do expect the current tariffs to be rolled back on items proportionally by both sides if phase one deal can be reached. This is according to the Chinese Commerce ministry. Now, u. S. Source within the Trump Administration confirms this report is generally accurate going forward. Also the chinese trade forces told by the u. S. That the december 15th tariffs will not be added. A u. S. Trade source says if there is a phase one trade deal finalized. That would likely be the case. The tariffs are at the heart of what chinese want removed in any deal. A Commerce Ministry spokesperson in china says the trade dispute started with tariffs. He adds this, quote, if two sides can rea
And months ahead at the center of the drama, of course, today the currency clash. President trump accusing china of currency manipulation as china lets the yuan fall we have got the details of the punch and counterpunch plus, the consumer crush the names the trade war could hit hardest, as well as which ones could actually benefit from escalating tension power lunch starts right now lows of the day on the dow right now, 781 points. The next two hours will be big trade headlines sinking stocks today. Kayla tausche covering all of the trade angles for us, as she has for months now but lets begin with bob pisani at the New York Stock Exchange hey, bob and tyler, todays declines are very broad based everything, except maybe gold and utilities. Lets take a look, down 1. 5 to 3. 5 Technology Stocks down, bank stocks down. Consumer discretionary down, energy, industrials, all down about the same however, even Consumer Staples are not faring that well look at the walmarts of the world, costcos
Or multitool to get around legal niceties. Masha is trying to use it, but she doesnt know at what moment she will have to use it to simulate an attack. We invited a professional selfdefense instructor alexander amirkhan, a janitor. You see, this must be fixed in advance. Well, in general one must be ready to use it, despite the stressful situation. Masha, as a professional tester, managed to note all the shortcomings, firstly, thin metal painfully presses on her fingers. Secondly, quickly put on the keychain. Hardly succeed now now now lets all attack. Well, that is, you need to stick your fingers in, it needs somehow a lot of holes here. It can also be used as a means of selfdefense. Well, here only in advance. That is, if i come up to the dark entrance, im already there in advance either in my pocket, uh, im already holding it correctly put on then yes masha is ready to try the next tool with a knife. Oh. And immediately notes the problem, in order for the blade to open , you need to