29,297 the close on the dow. Economists are blaming big slowdown on trade pressure and tariffs, what do you say, john . There you go, this is as expected, china was much more vulnerable to imposition of trade war and u. S. Economy, china has a very strong incentive as ambitious as it might be. Dagen one thing i will point out that we have a record in the stock market here in the United States, in the meantime the democrats are trying to remove President Trump from office, we will get to that in a second but there are good numbers coming out of china, the index jump today highest level since 2015, this is probably a better leading indicater than Economic Growth, the wall street journal writes also about this, the price of copper is up more than 7 in the past 2 months, again, industrial metal used around the globe, another bellwether for Global Health and surveys of purchasing managers in the euro zone have shown continued weakness, new export orders have been going up, the market is tel
And probably a vote we expect somewhere between 6 30 and 7 30. It is important that everybody remember that it is im not saying it is a side show there will be people who are going to be talking about and i heard some of them today saying, listen, there could be a surprise in the senate, might be some defections. I dont see it that way. I look at i only have history not a lot of history with these things, but day by day of when clinton was impeached in trial and anniversary of which is tomorrow. Yes, it is. And you got that period from january 7th, 1999, february 12th, really the most turmoil and thats where you at the height of when things were bad, the nasdaq lost. 18 s p down 3. 0 dow down 2. 6 and after that the market roared. If you want to know when to buy, might want it buy into the teeth of tomorrow, maybe even next day. Because it is just a great opportunity. It doesnt feel as though when it comes to the markets that there has been any real impact from this no. None whatsoever
Fortt and leslie picker. Interesting morning as we await the fed decision this afternoon. Tim cook speaking with japans nikkei while visiting some apple stores and ink suppliers defending the companys job creation in the u. S. And complaints the company has faced over competition cook saying, quote, a monopoly by itself isnt bad if its not abused the question for those companies is do they abuse it. That is for regulators to decide, not for me to decide joining us to talk about this and a lot more, managing partner susan line and ciscos chairman emeritus, john chambers. Good morning, guys. Good morning. How you doing good. Lets try to put these comments in some context. Why do you think theyre happening now out of cook, at least . Well, i think theyre happening because theres a general concern over privacy and over moves to increase privacy at both facebook and apple products but i think for him, this was an interesting moment because its the first time hes really tried to defend a mon
Two weeks. Road map begins with to wait or not to wait. The president says might be better to delay a china trade deal until after the 2020 election stocks have been spooked by that, futures pointing to a sharply lower open as investors weigh this new political rhetoric. And trade tit for tat, the Trump White House proposing a waive of tariffs on french goods in response to do facebook and google trade in focus, in what say rough start to december for stocks just hours ago in london, president made that market moving comment regarding china trade. China trade deal is dependent on one thing do i want to make it i have no deadline, no in some ways, i think it is better to wait until after the election, you want know the truth. I think in some ways is it is better to wait until after the election with china. Im not going to say that. I just think that. I just tell you. So we got brazil and argentina, france on the table and as you said on twitter, a while ago, the chinese pulled the rug o
Renewed china trade optimism set to fuel further gains of the open retails big week and the tariff impact into the holidays. Best buy, dicks, dollar tree, abercrombie among the retailers reporting today. And ford challenging tesla to a apples to apples tug of war between pickups and elon musk says bring it on three major indices saw record closes, top trade negotiators from the u. S. And China Holding a phone call earlier this morning the two sides continue to work toward a phase one trade agreement. Trade rep lighthizer, mnuchin, both participated in that call and both sides agree to remain in contact over remaining issues on twitter, you said the phone call last night was very important in terms of furthering a deal yeah. It is real ive been skeptical. This was a real call phase one probably happens Financial Services get opened up president may believe that intellectual property is for real that instead of just a soybean buy, a promise to they would respect intellectual property. Do