Points that key level broached 3100 for first time ever. The nasdaq is higher today all three of the major indices are on track for more record closier close closers. President trump said trade deals with china could happen. Eamon is there and has the details. Reporter thats right. The big question going into the speech today was would the president say anything specific about china give us any dates or locations any indication of where this signing ceremony might take place. The answer is no he didnt give us any specials. Here is what he did say. Were the ones that are deciding whether or not we want to make a deal were close. A significant trade one deal with china it would happy it could happen soon we will only accept a deal if its good for the yiet for our workers and great companies. A little vague there on the specifics. The president also really lashing out at some of his critics including democrats on capitol hill and the Federal Reserve. The president saying he wants to see n
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
At the Economic Club of new york, warning wall street and Business Leaders that all the Economic Growth and record stock market gains we have seen under his administration could all be lost. Listen. I think the biggest risk is the election, i will be honest. I think the biggest risk because i actually believe some of these people mean what they say. Our country is strong. Our country is great. Our economy is probably the best its ever been and we want to keep it that way. David we should note the dow turned slightly negative after his economic speech, but finished the day unchanged. Liz, i want to talk about what he said. I also want to talk about how he was received. He was interrupted 20 times, 20 different times by applause in this speech in the heart of manhattan, where the elites supposedly dont like him much. Yeah, i think actually the applause and the Standing Ovations he got were somewhat surprising, but i think it really surprised President Trump. I think he started speaking a
In hong kong, how news and rumors are playing a part in protests. And, market share, buyers turn teslas toyotas for model 3. First, to our top story. The launch of disneys streaming technicalt with some glitches and crashes, but still, buzzy plus generated across social media. Rickore, we are joined by springfield and bloombergs lucas shaw. Are the technical glitches perhaps a good sign, showing that demand exceeded expectation . Rick i have no idea. The reality is that technical glitches are sort of commonplace in big launches. You side with hbo and game of thrones. Maybe it was demand driven. Who really knows. It is irrelevant in the scheme of this is disneys longterm strategy. Bob iger has thrown down the gauntlet. It is not even just about disney plus. Fx content. As long as these technical issues are not ongoing, as long as you are not still hearing about technical issues 2, 3 weeks from now, no one will hear about the issues this morning. Taylor did disney cement itself as a clea
This is afterall cybermonday this has a retailing bonanza and signals a Strong Economy into 2020 all right now look a this. Another market rally not huge. But a rally. The dow is going to be up maybe 20, 25 point small gain for the s p small fractional game for nasdaq this is interesting. China banned u. S. Navy ships from calling port in hong kong retaliation for the president sign civil rights measure. Little impact on the market. This morning, the pet restored tariffs on steal importses from brazil and argentine in that may have brought future down a little. Later on today president heads to london for 70th anniversary of nato youll go across world stage just as dmtds try to bring him down with another round of impeach m hearings. Oh, what a day. Another market rally shop until you drop online and yes we expect some choice words from the president of impeach m as he leaves for london got a big show varney and about company sb to begin. I want to, i want to dwell on Holiday Shopping.