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Detailed text transcripts for TV channel - MSNBC - 20170803:09:40:00

what does it mean for markets today? looking at futures just a short while ago, they re pointing downward, so maybe you will see a little profit-taking after we took out the big 22,000 number in yesterday s trading session. but as always, keep an eye on those earnings. and carolyn, russia s prime minister is responding to new sanctions, calling them an all out trade war. how is this going to impact the markets moving forward? whether it impacts the markets, that s a very difficult question, but certainly, that sort of language, that was very strong coming from the russian prime minister. he also said in a facebook post that the sanctions showed the trump administration was utterly powerless, and saying the hope that our relations with the new american administration would improve is finished. and speaking of trade, obviously, the big story yesterday was the news that the white house was going to take trade action against china. we now have a little bit more detail as to the tim

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