Washington has been demanding business transparency and threatens to delist mainland companies. Protests against Police Shootings spread to the nba. Playoff games are canceled as refused toee bucks leader court. Haidi we continue to have that lackrnaut rage despite a of very meaningful headline developments on the positive side. We are getting incremental positivity when it comes to u. S. China trade as well as daily developments on the search for a Coronavirus Vaccine as well. We are seeing futures flat at the moment, lower by. 1 after both the s p and the nasdaq hitting another alltime high. Optimism being seen in the fourth straight day of record highs for u. S. Stocks. The nikkei 225 just erasing some of the earlier moves, flat at the moment when it comes to futures trading in chicago. We wait to hear from president abes press conference tomorrow. The focus being on his health and the future of auburn onyx and where dollaryen goes from here. It is holding at 105. 91 at the moment.
Maria we have a big show this morning. Joining the conversation, Deirdre Bolton is here this morning, real clear politics cofounder and president tom bevin and pwc partner, mitch rochell. Thank you for being here. We have a market under pressure as a result of some i guess digestion over this trade deal. Take a look at the markets where were looking at a triple digit decline this morning for the dow industrials. Bloomburg is reporting that china wants more talks before signing phase one of the strayed deal. The u. S. Trade deal. The u. S. And china made progress on friday. China agreed to buy 40 to 50 billion worth of Agricultural Products while the u. S. Will suspend a planned tariff increase set to go into effect tomorrow. Beijing addressing currency and Financial Services concerns but setting aside issues like intellectual property and forced transfer of technology. Senior counsel to the president Kellyanne Conway spoke with me yesterday and heres how she saw it. That would be two a
Way. Will it outweigh the rising cost of everyday living . That and much more on making money. Charles President Trump set to meet facetoface with the chinese vice premier in the oval office in less than 45 minutes. The markets rallying over reports that the u. S. Achieve a partial agreement with china. Here is deirdre bolton. Reporter the idea that the market is rallying or partial deal. Two moving part i hear from our sources is most likely. The first, as of tuesday, october 15th, the u. S. Had already cleared for to us put an additional 5 of tariffs on chinese goods. 250 billion worth on the 15th. So taking them from the current level of 25 to 30 . So our sources are telling us, more than likely the u. S. Will just hold steady at 25 . Not raise them to 30 . If that happened, that would be seen as a act of goodwill from the u. S. Side towards the chinese side. Now one thing that has already happened, but certainly important for u. S. Businesses is that the Chinese Securities Regulato
The market, this is called a rally. Investors want that mini china deal and now it looks like they may get it. Stocks are going straight up. Look at this. The dow up about 1 , 250 points. The s p up about 1 , 27 points. The nasdaq, up better than 1 , up 78. That is a rally. We are also covering this. Violence and intimidation outside the trump rally in minneapolis last night. Oh, it was ugly. The trump haters attacked the police and Trump Supporters. Senator tim scott said people across the country are quote, consistently being intimidated. Watching what happened last night, senator scott said it sickens my stomach. Yeah. Theres a lot going on today. We are going to cover it all. Varney company is about to begin. Stuart happening overnight, a rocket attack on an Iranian Oil Tanker. It was near the saudi port city of jeda. Lauren, what happened . Lauren you had an iranian tanker attacked maybe by two missiles, caused a fire, oil leaked into the red sea. This was 60 miles from that Saudi
Secondlargest provider for 37 billion. Welcome to the pulse live from london. Manus lets give you some of the breaking eurozone data. Francine it is pretty much as expected. June services pmi data rising. It is exactly what we were expecting. The focus now on greece. With just two days to go until a referendum on european bailout proposals, a bloomberg poll shows that the country is decided divided right down the middle. Manus it shows 43 are set to follow Prime Minister Alexis Tsipras and vote no. 42. 5 will vote yes. This comes as the imf says the crisisridden country needs 60 billion euros of extra funds over the next three years to stabilize the economy. We are joined by Erik Schatzker in athens and hans in berlin. This poll shows it is too close to call. Obviously it also shows that the majority, four out of five, want to keep the euro, but do they understand that is not necessarily what they are voting for on sunday . Erik nothing is clear, manus, but the skies here in athens. Th