Surging 60 to nearly 6 billion. We have world coverage here on daybreak asia, we will be live in hanoi ahead of the summit this weekend. We will also be live in washington, d. C. Ahead of trumps visit to the middle east. This is daybreak asia live from bloomberg costs bloombergs asian and new york headquarters. I am a Ramy Inocencio. Yvonne i am yvonne man. After that brutal selloff on thursday we are seeing a little, returning to the markets. President trump trying to whether this political storm, denying he tried to quash the fbi investigation. There is still cautiousness over where the probe will go. Ramy we did see optimism in u. S. Markets. The s p 500 up 4 10 of 1 . Economic datas. Outweighing the political storm, political storms, i should say. Yvonne absolutely, jobless gains in manufacturing data, with the dollar rebounding among its peers. Lets check out the Asian Pacific this friday. New zealand, up 1 10 of 1 . Modest gains. The kiwi flat at. 6896. Futures looking pretty sof
Selloff, were implied to open lower by 87 points. The s p implied to open lower 8. The nasdaq down 27 having the worst day since brexit last june. The dollar has been in a slump. Kind of unchanged right now. 97. 50. Not long ago we were up above 100 and talking about going higher. Big reversal. The yields have been falling. I guess roiled by the stuff happening in washington. The tenyear below 2. 2 . 2. 188. How about europe. The nikkei down 1. 3 . Hang seng down 0. 2 . Shanghai down half a percent to 3,090. Over to europe, i love how they react to the weak day we had and set us up for another day of weakness. The chicken egg tail waging dog thing. Theftse mib down. The ftse 100 down 1. 5 . The german dax down about 1 . Here are the big stories were watching today. Well, there are a lot of did they do that on purpose . Did they do that on purpose . On your show, do you need a teleprompter . We dont have any scripts on our show. What is this today . This is like a half box bell . This i
Want to call it that. Ten year note, man getting closer and closer as well. To the shorter term, in terms of the spread there. As you see, were at 2. 2. Crude is down after what had been a little bit of a rally of late. You can see also as well brent cruise down. Lets get to the big road map. It does start with the trump slump. As you just saw futures are pointing to another lower open and investors are wondering about new political turmoil. What it will mean for the gops pro growth agenda. Plus, the president takes to twitter calling the fbi and congressional russia probes quote, the greatest witch hunt of a politician in american history. Cisco, it warns, shares fall. Company announces a weak outlook and about 1,100 job cuts. Ceo Chuck Robbins will be with us in ten minutes from now. Well talk to him about that. And including perhaps what was less spending than they had anticipated from the fed. A lot of problems there. Yeah. We have a lot to get to. Futures of course lower in a day
Go, go go big or go home go, go welcome to power lunch. As melissa mentioned a major average is bouncing back a bit from yesterdays big selloff as we take a look at the dow right now, we are higher by about 40 poin points s p 500 up by 60. Walmart is up over 2 on the back of their Earnings Report out before the bell. Meanwhile, cisco down sharply. The Company Giving i a weak outlook for the Current Quarter and announcing 1,100 new job cuts. Shares of Athena Health up 20 . Disclosing a big stake in the company and saying its shares are, quote, significantly under belly. Tyler . Thank you very much, courtney. Welcome, everybody. We begin with breaking news. Sue herrera as your news desk, sue . Right now we know one person has died, 12 others are injured after a car slammed into a crowd of people in times square. It was the height of the midday lunch hour. At this point, it is not believed that this deadly crash has any link whatsoever to terrorism. Officials with Homeland Security tellin
[inaudible conversations] c good morning. The hearing on agriculture in the state of the Rural Committee will come to order. Bow our heads please. Dear heavenly father we come before you increase to first of all say thank you. We thank you for so Many Blessings as you bestow upon us, many of which we dont even know on this occasion we ask a special blessing on our agriculture industry and that your blessings, upon her new secretary of agriculture, sonny perdue. Dear heavenly father, finally we thank you for your holy spirit. For oftentimes we know not what we should pray for but your holy spirit intercedes for us. We thank you for that and we ask your holy spirit to be in this room today. These and other blessings we ask for your son christ jesus, amen. David thank you. Mr. Secretary welcome. You and i have had several conversations before this party but let me officially congratulate you on becoming our nations 31st secretary of agriculture. We are excited about working with you and c