Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been banking on some kind of agreement by the yearend. But remember, we still have this deadline of december 15 for when t
As the board drama continues, well go live to Paramount Pictures for the future. And microsoft wasnt the only offer on the table for linkedin. How sales force missed out. Viacom issuing a warning for the current warner. They cite weaker sales after redstone moved to oust five board members. This is a significant warning on estimates. Yeah. They blame one movie. They claim the slate is going to be very good going forward. But they said the slate was going to be very good going backward. This is a company thats in disarray. If you buy the stock, its a complete crap shoot. Its rare you are say do we know whats going on in the company . I think they dont. And i say in a vacuum, the stocks a poorer vacuum. I think you buy it because you get a bid but thats just reckless. Theyre looking at 1 to 1. 05. The street was at 1. 38. A lot of people come in say a nice base had been set on this name. Yeah. I just look at this situation and i just think that this is such a poorly run company that the
I am a very fortunate Stephanie Ruhle. Y . Matt miller in here with you. We are sending you the best, but in the meantime we are getting you breaking news. Existing home sales are out. Michael mckee is on hand with the real deal. Rate it down. It down. Eak a reasonable news story with home sales. 4. 6 million at dollar annual rate, barely lower than it was in january. Five,ober we were in the so we have a long way to go. Whatever the weather effect, it has been relatively steady for the past four months and we expect a big spring rebound. Here, a drop in condo and coop sales, 1. 8 . Singlefamily home sales, just. 2 of 8 . One of the complaints about home sales in the past couple of months has been not enough homes for sale, so that may affect things. The other number we just got and here is some good news for people worried about the economy and the weather. February 6. 3, and it comes in a positive numeral mind. It looks like overall the Employment Index is lower, but the Overall Inde
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