Discuss plus the Trump Administrations response. Markets in red, Goldman Sachs cutting from 6 to 3 . Dow industrials down 23, nasdaq down 53 and s p 500 lower by 4 and 3 quarters this coming after markets tumbled in the 11th hour of trading last night pushed down by technology, lockdown fears and uncertainty. Finishing at correction low with decline of 330 points. The dow industrials down 525 yesterday at 4 00 oclock on wall street. The race for a vaccine. Dr. Fauci says every american should have a dose by april 2021 but new concerns over a mutating viral strain. Gavin newsoms plan for golden state puts electric cars at the forefront and the state of happiness, find out which state is full of the countrys happiest people. Mornings with maria is live right now. European markets feeling the weight of stocks here at home. The ftse 100 down 30 points, cac quarante lower by 14 and dax down by 3. Red across the board in asia overnight as well. Take a look at indices in asia, fractional move
Much better to be honest about it and you know both candidates have talked about being tough on china weve definitely seen president trumps track record in terms of the trade war weve heard yet it biden talk about the fact that he wished prohibit u. S. Companies from abetting repression wanted quote at supporting the chinese Surveillance States also talking about imposing economic sanctions on beijing and so these are this is something that definitely is in the air although right now i think coronavirus issue is on the top of the lets put it in your i mean yeah i think as i said i consider my introduction and its a lot of written rhetoric because the captains of industry in finance have done extremely well in their interactions with china over the last few decades i dont think they want to see that change one iota so im on the one hand i think its very rhetorical. And in the end it incites passions and emotions but i dont see the c. E. O. s and president s of companies doing very much
Stick around the crystal. Blue and welcome to cross talk where all things are considered on putin about how is the issue of china playing out in the American Election cycle and by the trade themselves as being tough on beijing maybe they are at least rhetorically but in reality tells a very different story and its bipartisan the commanding heights of industry and finance have courted china for decades and have the riches to show for it is this china. To discuss this in. And more im joined by my guest sarah issue in knoxville she is a huge visiting scholar at Fudan University and in beijing we cross the jungle shes a professor at the university of International Business and economics are across it because in effect that means you can jump and we dont want and i was. Going to syria and not still im sorry what role is china playing in the American Election because i said in my introduction both biden trump want they like to if theyre shown these apps ok that ad versus ad very anti china o
American election because i said in my introduction both biden and trump want they like to if theyre shown these apps ok that ad versus ad very anti china obviously but i dont see it really making much of an impact on the electorate because there are so many other issues theres the pandemic there is an economic turndown and all the sudden its all chinas fault somehow believe me i understand what that feels like living in russia there yeah i think that you know thats certainly south think that performed at work ill it. Afterward for us because china has been such a big part of president trounced our whole you know policy agenda and so i think thats something that is really important on the list some experts think that its you know one of the top one or 2 or 3 issues d i dont know that it has that certainly agree with that but its something that they have to address but i think you know both candidates. Theyre talking about china in a negative light blaney things on china certainly the c
Stole the show. I say a star was born as he and Melania Trump talked about justice for allamericans. Speaking of rnc, it seems to have a positive effect on President Trumps poll numbers. The swing state trump bump closing the gap with joe biden. All that and more on making money. Charles folks, records all over the place as wall street keeps going. The bull market picking up speed this as new data on the economy continues to defy the experts. Durable goods orders for july climbed 11. 2 , significantly beating consensus estimate of up 4. 3 . Transportation was higher. Electronic equipment was higher. Computers were higher. Business investment came in better than expected this is more evidence that the consumer isnt dead. Which brings me to my stock of the day, dicks sporting goods. Reported record revenues and earnings for the quarter. I think another great example of omni channel success. Here to talk about all of this, kaltbaum Capital Management president , fox business contributor g