The Trump Administration overstepped its authority. Ntt reportedly planned to take its wireless carrier unit private. At buyout could be valued 38 billion. At thebreaking news moment. We are getting Industrial Production numbers for south korea. Year on year, it should be for the month of august, a decline of 3 , matching expectations, and bigger declines than the previous month. We continue to see some weakness year on year. Industrial production numbers have been in contraction for five consecutive months. When it comes to the previous month numbers, they have been revised slightly upwards but not by much. Month on month, a contraction of 0. 7 which is a contraction instead of just coming in flat as expected so that is disappointing numbers. Perhaps we could see some better numbers later in the year. We do have trade numbers for the month of september. We are expecting it to come up on thursday and exports are likely to see an annual gain in september so lets watch out for those numb
Proposal we could see volatility on the wu witching day options is tote expire 59 minutes left of the session were down 1. 2 on the s p 500 coming up on todays show, well discuss the massive week for the ipo market including debuts of snowflake and Unity Software with Stacey Cunningham. And Jeremy Siegel will weigh in on another volatile week third day in a row down for the s p 500. Six week lows here what he makes of the selloff lets get straight to the big stories were watching though in this final hour of trade mike santoli tracking the Market Action Steve Liesman with fresh comments and joining us to talk about the latest on tiktok and wechat and what means for tech, Big Technology mike, start us off here with a selloff in the broader market. Weve been spending a lot of time at the lower end of this recent range maybe a little too much time down there for the comfort of the bulls. This is a relatively routine pullback for now 3300 or. So we hit that a few times you go back a week w
Curfews have lifted in many cities but remain in new york as we go into another weekend of protests. A Record Number of National Guard troops have been deployed. The mayor of washington, d. C. , has asked President Trump to withdraw troops. For what it means i want to bring in abigail doolittle. Talk about the ups and the downs today. Abigail investors squarely focused on the jobs report that came in better than anybody expected. The estimate was for a loss of 7. 5 million jobs. Instead we had an ad of 2. 5 million, which is great news for folks in those new jobs and for the folks who did not lose their job. As for the stock market, of course we had this debate about whether stock should be up so much since the march lows. This Economic Data, you could make the case that stocks have been right. Who was such as myself questioning stock should be high against the real world is wrong although one month does not make a trend. Lets see if that continues. Some say there could be more waves a
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