Maria commanderinchief and first lady dunaway xi jinping in be in the business city right now. We will bring you the latest of the president pressures china overtaking a stronger stance in dealing with pyongyang. The results are in. Democrats take key victories in virginia last night. The midterm elections in the year to remember. The market was the prime buying opportunity following the election of President Trump and breakdown the rally and how high the markets climb from here. 28 by five higher this election day. One year ago, futures opening bid s p 500 but the nasdaq in positive territory also by a fraction. European indices as we see in nextdoor as well. Dac ndx lower, but barely in positive territory. The asian markets overnight were resized mix closed down about a fraction as was the hang seng. Talk about a spectacle. Stumbling this morning. Thomas says classes had on results. How it helps doubling down on the down on that treat links will help user growth. Stories coming out t
Good morning. We are meeting today to consider the nomination of mr. Wilbur ross to be the next secretary of commerce. If confirmed mr. Ross would bring decades of business and entrepreneurial experience to this position best known for revitalizes distressed businesses such as those in the United States Steel Industry. At a time most inventors aban n abandoned the industry, investors abandoned the industry he organized the International Steel group in 2002 through acquisitions of the largest Steel Company in north america, later it merged to form the largest Steel Company in the world. Mr. Ross strong record of achievement led Bloomberg Business week to name him as one of the 50 most influential people in Global Finance in 2011. Its also why he is the only person elected to both the Turnaround Management hall of f. A. M. E. And private equity hall of fame. Mr. Rosss business is complemented by a service 0 the communi community. Mr. Ross served as First Lieutenant of the u. S. Army and
Raise 2 billion. Haidi haidi Oil Producers considering extending cuts. Six nations say more time is needed to train the global glut. Rishaad China Southern confirming a stake sale with American Airlines worth 200 million. Suspended butock should resume when the session gets underway. , thatlooking at kaisa forerty developer suspended two years will resume trading. So a lot to look for two in the session ahead. Haidi absolutely. We are seeing a risk off session so far to kickoff the trading day. Lookof fence the two forward to, janet yellen speaking on tuesday, and as you said, hope springs eternal. Aroundd get more color this Monetary Policy trajectory out of the u. S. Given disappointment and concern over President Trumps Political Capital and ability to push through these tax progrowth policies. We are 30 minutes away from that open. Lets get it over to sophie with a look at the markets. What a great way to start off the week in asia. Sophie risk off this monday. We do have singapore
Federal government pays the full freight. Obviously it is a humanitarian crisis. It is a tremendous problem for the nation to have all these undocumented children. You know, my first concern is the health and safety of these children. And we do have to look at that. I wanted to make sure as soon as they came across the border that we took care of their immediate needs, fed, clothed, housed, took care of any medical attention. Al think it made a lot of sense for maryland to try to bring more. We have taken ten times more per capita than any other state. I just dont think its fair to the taxpayers or to the children really to be bused thousands of miles away from their point of origin to be put into maryland. Its just did not make sense. We have a little bit of a disagreement. We want to take care of the kids, and i think its administration has been too aggressive. Thank you. Moderator oh, that was our bottle. People watching us right now have a genuine concern about their safety. Even t
A day else a portion of the sheriff shared lending to small and microbusinesses. Because of that 4 billiondollar investment in 332 institutions across the Country Community banks or cdfi loan funds, we have seen positive returns for taxpayers so this is no cost to the taxpayer and we are also seeing that lending has increased by more than 10 billion so we take that 4 billion investment. As a result the institutions have loaned more than 10 million above and beyond the lending that they were doing beforehand. What that actually turns into is around 41,000 new loans to Small Businesses. It also means that of those loans, i think we are somewhere around 65 or 70 of those loans were below 100,000, so these are actually loans that are going to the smallest of Small Businesses, not midsize businesses that getting the businesses that are going to be the job creators and are the job creators. We also invested through another program called the state smallbusiness Credit Initiative 1. 5 billion