Morning along with california congressman darrell issa, great to see you this morning. Rnc chairman mcdon isle is here to talk boycotts and debate as well, acting director mark morgan to talk immigration and former ceo of toysrus, former target chairman jerry to talk u. S. China tariffs, taking a look at toys, former Federal Reserve chairman, capitalism in america, Alan Greenspan, talking Global Market and the fed. Dont miss a moment of it. Futures lower, lots of nervousnesses over the china situation and tariffs, yesterday markets finished up with encouraging economic data, fears of global slowdown, sparking up rally, nasdaq up 176, the u. S. Maintains pressure on hauwei, washington refuse to go grant licenses for u. S. Companies to do business with the Chinese Telecom giant after beijing refuse today buy american products, this according to bloomberg. Tit for tat continuing for hauwei and the u. S. Well, its about cooperation and noncooperation. President trump and the administration
Average down 2 . U. S. Designated china a currency manipulator after letting the yuan depreciate. Coming up, big tech hit hard by china trade, the heaviest selling with names like facebook, alphabet, chip maker, where are they headed from here, all that right here right now, mornings with maria begins right now. Maria of course, busy show this morning, joining the conversation to talk all about the damage yesterday Fox Business Network Dagen Mcdowell, Fox Business Network Dierdre Bolton and forbes media chairman former republican president ial candidate steve forbes, also on deck this morning fox news senior strategic analyst and retired fourstar general jack keane to talk about hong kong protests that are accelerating this morning, bob is stopping by today with latest on china. The chief economic adviser mohamed, and kevin on the minimum and state of consumer today. Dan niles is here. Dont miss a moment of it. Big 3 hours coming up. This morning we do have a rebound, futures indicatin
Thatdominated yesterdays action, that along with chinas currency move. Overnight Chinas Central Bank setting the yuan mid point firmer than many expected. That happened at 9 00. We saw a turnaround in u. S. Equity futures which were down overnight as much as 600 points at the lows. Right now a positive open across the board. S p looking to be up by 11 points dow jones up by 102. The nasdaq looking to recoup 44 points as for u. S. Treasury yields, we saw a 2016 low also. We had the tenyear note at 1. 758 overnight we breached that 1. 7 level. A key level here. We have cnbc reporters everywhere this morning covering the Market Reaction to this escalating trade war willem marx is in london well get to him in a moment, but across the world to china. Eunice yoon is on the ground in beijing. Reporter china strongly opposes being labeled a currency manipulator. The central bank, which manages a floating currentry cy exchang rate called the move unilateral protectionist behavior that violates
Charles payne. This is making money. Breaking right now, stocks, weve seen a little bit of moxie but were seeing major defensiveness. Maybe this is why Piper Sandler at the beginning of the week said the relief rally is quote questionable at best. We have the author of that report at 2 15 im getting tremendous reaction to the economist asking if inflation is morally wrong. Keep comments coming on cvpayne or on twitter x. I will read some at 2 30. Speak of the fed, cash car remember said rates will likely hold for a extended period of time. He brought out his inner paul volcker. He is determined it looks like. Dont look know, reddit, reddit may save the ipo market. My take how unfair things have been, finally how you have run out of money. All that and so much more on making money. Charles you can still feel the anxiety in the air, i know you can, right . This is the thing. This is the pandemic index, panic index, rather. This is the month of april. It erupted right . Because listen we
Gets back to its version of tax overhaul with republicans pushing hard to get to a full senate vote as early as this thursday. We welcome our chief content officer, marty shanker, and from washington, sahil kapur. What does it look like in terms of whether or not they will get a vote by thursday . Is a scurry to get all the votes they possibly can between today and thursday to cobble together the votes the frontpass it on end. The vote is likely to come in on thursday around whats called a ama. Earo a theres a small faction of deficit hawks in the senate, two of them retiring, immune to political pressure. They need to be placated. They need to believe that this wont simply explode the deficit and put the nation in a more precarious place in terms of red ink. Raisedollins has concerns about repealing the obamacare individual mandate. She is concerned that it will raise a means for other people. Otheren there are some wildcards. One of the big possible no votes, rand paul, came on in fa