Lawrence in washington, d. C. , with the latest on trade, Jackie Deangelis live in the newsroom following the amazon probe. Gerri, lets start with you. Reporter what a day in the markets here, anniversary of 9 11, everybody talking about it, the markets going to the sky. Dow up nearly a full percentage point. Russell up 2 . Were finishing at the highs of the day. The dow of course, the longest winning streak in three months. The dow driven by boeing and apple. Lets talk about apple for a second. You said the market cap of that stock, a trillion dollars. Very good news for apple shareholders. This is the first time in 10 months they hit this level. It was that big announcement yesterday about the three new iphones. 699 for one of those iphones. Apple watch, ipad, apple tv. Pretty much yesterday melissa said we would buy one of the iphones. Maybe why the stock is up. Good news for them, apple tv subscription, 4. 99 a month. Purdue pharma agreeing to a tentative settlement over the Opioid
Standoff stands. A busy market rally with stocks jumping on the president s comments saying china wants to get back to the table on trade. Well see where we go. From here, we go to blake burman, with the latest on all the back and forth at the white house. Hi, blake . Reporter we heard from President Trump for a while, he feels china wants to make a deal. They need to make a deal very badly. He reiterated that earlier today. The market swung earlier today when the president said that china called over the weekend and said they wanted to get back to the negotiating table. Heres the issue with that. When chinas foreign minister was asked about these calls that were made. They disputed the notion there were any sort of calls being made. When, at least over the weekend. When the treasury secretary Steve Mnuchin was asked about it earlier today, sitting alongside the president he jumped in said there had been quote communication through intermediaries. President trump was asked about that a
Gerri willis on the floor of the new york stock exchange. Hillary vaughn is in d. C. With the latest on trade. Blake burman is live at the white house. Hillary, first to you. Reporter melissa, the u. S. And china still have not set a date for what is supposed to be a refresh on trade negotiations that are scheduled for sometime this month. Even the president insists that the negotiations are going well, there have been a few hiccups in their communication between the two countries. First the president went forward with a new round of tariffs against chinese i imports on sunday, denying chinas plea to delay them. China now in response says they will file a lawsuit against the u. S. Through the world trade organization. A spokesperson for the Chinese Commerce Ministry Says the trade fight violates chinas quote, legitimate rights and interests, saying in a statement we urge the u. S. To stop abusing the concept of national security. It is deliberate smearing accusations against china and
So the market likes that part of it. As i said, were waiting for President Trump. He is speaking with reporters right now. We should have play back of the comments any moment as we start the hour with blake burman on the president. Some of the comments, im looking at headlines around the building where youre standing, comments on taxes interesting. President as usual making a lot of news. Bring us up to speed. Reporter the president you remember yesterday, connell, he gave idea, would endorse the idea of indexing Capital Capital gains that would be a tax cut for the wealthy. Were hearing President Trump might not be supportive of it. On the south lawn as the president is leaving right now, he just told reporters quote im not looking to do indexing. It is perceived as somewhat elitist. He want tax cuts for middle class, people who work so hard. Indexing is better for upper income groups. Connell, tough to figure out where the president and this white house lan on tax cuts. Just yesterda
Make landfall tonight or tomorrow. 250,000 people are currently without power in South Carolina as charleston braces for a possible 10foot storm surge. Can you imagine if governor of North Carolina is expected to make comments about the impact of dorian. Well keep you updated on the storms path throughout the hour. Connell then there is President Trump, expected to speak any moment from now at the white house. A event awarding the president ial medal of freedom to the basketball halloffamer, jerry west. The logo himself. Well bring you any headlines out of that event. Especially if the president talks about other subjects. Gerri willis watching that rally on the floor of the new york stock exchange. Edward lawrence and blake burman are both on the north lawn off the white house elbowing each other out, searching for space there on the lawn but edward, on the tray front, we start with you, sir. Reporter connell there, was a phone call, big phone call between the two trade delegations. T