And its the final frontier meets wall street as sir Richard Bransons Virgin Galactic makes its Public Market debut today on this monday, october 28th as Worldwide Exchange begins right now. Space cowboy well, good orning, good afternoon or good evening and welcome from wherefover in the world or galaxy you may be watching im Brian Sullivan your chart of the morning has got to be shares of tiffanys, theyre surging nearly 20 right now. French retailer lvmh confirming it is in preliminary talks with the company about buying it. Lvmh would become the undisputed global king of luxury if the deal happens its still an if but the market buying into it as soon as that headline broke, boom, 19 pop in shares of tif well get more on the story coming up. But first, overall, theres certainly a lot of green on the screen this morning to start your week. We have dow futures up, not a lot but up about 50 points right now. Nasdaq, technology is what you might want to watch because actually kind of quiet
The u. S. Adds 136,000 jobs were added. Thats less than expected. But there are more than 1. 5 million more jobs than unemployed people, changing the job search. And shelter from the trade storm. Htc says its more sheltered from trade tensions than its u. S. Or chinese competitors. We hear from its ceo. But first, our top story. Microsoft is exposing a foreign power for trying to hack into a u. S. President ial campaign. The tech giant says computer hackers linked to the iranian infiltratetried to accounts for a political campaign. Foreign accounts were compromised by the group. To further discuss, im joined by bloomberg executive editor tom giles. So tom, does this show basically that we havent done enough to look at Election Hacking . Tom its going to be a big issue. Election security and protection against foreign interference in an election has been a big issue and it potentially will be an even bigger issue in 2020. All kinds of ways for foreign powers to get in and muck around wi
Threaten world interests oil supplies will be disrupted and oil prices will jump to unimaginably high numbers that we havent seen in our lifetimes. Saudi arabia is urging the u. S. To continue talks with the wrong with the hopes of reducing some of the political strain on the strait of hormuz the worlds most vital shipping route for oil almost a 5th of the planets crude passes through it making riyadhs warning all the more urgent. Singapore is asias undisputed oil hub lets go over to our correspondent there andrea hang and read just how high are the political risks considering that the Oil Prices Going down today. When fest is. About whats going on in the world today particularly with the u. S. China trade tensions ahead of the washington talks that were going to be seeing in the next couple of weeks or so and that oil prices to drop some one percent today now this is all top of the fact that chinas economy is still looking very weak even though it costs a relatively positive factory a
Thats all the resource tech higher in the cpi. Right now, we had several stories making the rounds with regard to what is happening. The 10 year yield, the noise at the moment that we can see the bank of japan Balance Sheet starts drinking start shrinking august of next year with redemptions and the like which may lift yields on the japanese bonds. Australia 10 year yield from the reserve bank, effecting things. Bund, looking at ahead of the talks. Deal on thea mini table that does it move the dial in terms of Monetary Policy . Commentators are suggesting it doesnt. It is too small a deal and has not been signed. They are penciling in another rate cut toward the end of the year. Which we are talking about the fed, trade very much at the fore again. Havee china and u. S. Emerged from last weeks trade talks with different takes on who and what was in this deal, and both sides say there are details that need to be hammered out before anything can be signed. Lets get to Tom Mackenzie, watc
Planning to get after the frontrunner and his big campaign collapse. Cheryl and mr. Monopoly has competition. Hasbro is changing the game. Why the company may be unveiling ladys night at homes across the country. It is tuesday, september 10th. Fbn a. M. Starts right now. Nothing i can see but you when you dance, dance, dance,. Creeping up on you so just dance, dance, dance. All those things i shouldnt do, but just dance, dance, dance. Anybody nobody leaving soon. Keep dancing. Cheryl welcome to fbn a. M. And good morningism cheryl casone. Laurengoodgood morning. Im cher. Lauren im lauren simonetti. Cheryl lets tha take a look w your money is moving this morning. The dow is down 74. S p down 9 and a quarter, nasdaq down 36 and a quarter. Lauren after a global bond selloff yesterday, lets check the yield on the 10 year treasury. It was down today 2 basis points. Cheryl we continue to watch oil prices after a six week high yesterday, the saudis moss brinpossiblycutting cut output again. G