The u. S. And china may Start Talking trade again. Beijing says the phase one progress review should happen soon. Alibaba offered more signs of chinas strengthening rebound. Shares jumped last quarter. The company says it is no threat to National Security. Lets take a look at our final friday session in asia. Sophie kamaruddin is half in hong kong. Green for are seeing asian futures on friday, this after the wobble we saw. We are keeping an eye on names like panasonic. We are keeping and i on a theme in japan, showing the dominance of quality stocks versus their value peers may have a bumpy road ahead. Torall, we could be looking end the week on a risk on note. Watching the terminal, we are looking to see if asia will track. Joint the slot punch joins the slump on softer chip prices. With that risk, the big jump in taiwans july export orders may be too backwards looking. Offer a more timely check. On the tech front, alibabas results showed improving Chinese Consumer sentiment. Shery he
Were looking at a sharp selloff for the nasdaq, down 271 points right now, the s p and nasdaq snapped a winning streak on friday. The markets are down across the board. Large labor day parties raising concerns about a coronavirus spike. Creating a futuristic Fan Experience at the u. S. Open. Watson using Artificial Intelligence to allow fan interaction, even with empty stands. Mornings with maria is live right now. Global markets this morning are under pressure, take a look at european indices, markets are under pressure as concerns grow over a no deal brexit. The cac is down 63 and the dax is lower by 108. Germany is showing signs of a slow recovery. Exports rising 4. 7 in the month of july, imports were up just over 1 . That was far below prepandemic levels. Checking asian markets this morning, take a look at what happened overnight, green across the board in asia, best performer as you can see japan, nikkei average up three quarters of a percent, same situation with the shanghai com
Seemingly inknockous app as the latest threat to americas security. Speaking of bans, when apple ejected a small email service app a couple of weeks ago, the man behind that app launched a david versus goliath battle with the Silicon Valley behemoth and lived to tell. The co founder and ceo of an email parent base camp is here in a fox business exclusive in why this fight with apple may be far from over. Markets looking to close out their second straight week propelled by a major positive development on the vaccine front. The dow popping back above 26,000. And right now were slightly below it at the moment, but were still up 273 points. The s p up 21. And the nasdaq is heading for its third record close in a row, but the high spirits could change come next week if Second Quarter earnings season gets hit with the ugly stick. A stop economist is here to tell us how a top economist is here to tell us how it is going to play out and you can avoid getting bruised. A massive storm is bearing
Beirut that killed more than 150 people. Another antigovernment protest is expected in the coming hours. Emergency crew, combing through the rubble, searching for possible survivors, as a massive cleanup of the port begins. And it could be months before its operational again. We now have photographs of the Ammonium Nitrate thought to cause the devastation. 300,000 tons have been sitting in a port for years confiscated from a cargo ship. The u. S. Has pledged 50 million worth of assistance. President trump tweeted this on friday. At 3 00 p. M. This afternoon spoke to the president of lebanon to inform him that three large aircraft are on the way loaded up with medical supplies, food and water, also first responders, doctors and nurses on the way. We will be having a Conference Call with president marone, leader from lebanon, and leaders of the other parts of the world. Several have been detained as part of the official probe but lebanon has a disturbing history of investigating tragic a
Republican lawmakers have expressed additional concerns around Chinese telecom giant Huawei to the nation's top diplomat. In a letter to Secretary of State Antony