Details will be forthcoming, elijah represented marylands seventh Congressional District since 1996. He was just 68 years old. We are getting news from europe, britain and eu reached brexit dale, Boris Johnson tweeted moment ago, we have a great new deal, parliament should get brexit down on saturday so we can move onto other priorities, nhs, Violent Crime and environment. Boris johnson wrote this morning. Fox business Dagen Mcdowell, National Securitys corporation chief Market Strategist art hogan and fox business dierdre bolton, great to see, everybody. What a morning, your reaction to the news this morning . European Committee President has posted something, where theres a deal, theres a way, we have one, it is a testament to our commitment to find solutions, so that is very magnanimous. Maria looks like brexit is happening. Something that we needed to hear this morning but also getting one of the biggest market impediments behind us, in large part think about how slow economy has b
Now. We are at session highs however modest they may be the dow wiping out early losses after white house economic advisers wraps up expectations dont look now, the russell 2000 has entered a death cross well have more on what that is, what it means later, kelly, this hour sounds scary. Lets get more on todays big intraday turn around from bob who is watching the action at the New York Stock Exchange. China trade talk moving the market you heard about mr. Kudlow speaking early one of the comments he made, delisting chinese economy not on the table. A bit lart on, this moved the market more importantly here chinese is ready to do a deal on the parts of the negotiations both sides agree upon. This is part of that 80 deal that we have been talking about for many months. Not only did u. S. Stocks move, chinese stocks move to predictably u. S. Cyclical groups moved into positive territory. Serks mis were negative, materials, industrials, banks. Yields moved up. This 80 deal we keep talk abo
Time now for the global exchange, where we bring you todays market moving news from around the world. Joining us in singapore is enda caringlynd hong kong, from hong kong, karen leigh from westminster, anna edwards. Trade talks with the u. S. Are expected to resume in early october. Enda curran has more. Da obviously a signal here that talks are going to go ahead. Weve been waiting for some kind of breakthrough, and now weve had a statement from the Commerce Ministry that there was a telephone call that included china vice premier liue h china vice permit or china vice premier liu he. Theres a little less committal on the chinese side, but there is still a healthy dose of skepticism required. A lot of economists say that these two sides have a long way to go before they reach any kind of meaningful deal. Duember, more tariffs are in october and december. We had some commentary from the global times today outlining that both sides are in a deadlock, and it is in both of their interests
Borisjohnson is in berlin trying to convince Angela Merkel that brexit Withdrawal Agreement can change. He says if it doesnt the uk will leave without a deal on 31 october. The eu says the deal cant change. Heres the Prime Minister earlier. We cannot accept the current Withdrawal Agreement arrangements that either divide the uk, or lock us that either divide the uk, or lock us into the regulatory arrangements at the eu, the legal order at the eu, without the uk having any say on this matter is, so we do need that backstop removed. But, if we can do that, then im absolutely certain we can move forward together. This was Angela Merkels response. Ina way in a way to construct thats been created, so as to address the situation once hes coming when one does not find any kind of settlement on how to deal with the relationship between Northern Ireland and the republic of on this constitutes as you like and external border within Single Market so its an expression ofa Single Market so its an e
Nikkei up. European equities right now as well a bit of a mixed picture ftse up slightly the tenyear note is trading at 2. 053. Now to the big story of the morning. Details on the hack capital one disclosing a massive data breach that affects 100 million u. S. Customers and 6 million in canada. The company says 140,000 social numbers and 80,000 Bank Accounts and 1 million Canadian Social insurance numbers were compromised. It says the largest category of data that was exposed was from credit card applications including names, addresses, phone numbers, dates of birth and self reported income the hacker also accessed customer status status such as payment history, Credit Scores and credit limits. The breach occurred in late march. The hacker accessed information through a vulnerability of the servers in an unnamed cloud company. The fbi arrested a suspect, Paige Thompson shes a former engineer at Amazon Web Services. Authorities allege thompson posted some data on gethub and a private ch