Leading hong kong newspaper that american trade negotiators will fight to basing beijing for talks later this week took the dow jones about 200 points away from alltime high, up about 50 at the open. S p below 3000, but the nasdaq nice gain about a half a percentage point up for the nasdaq composite. Chuck schumer went to the border and said this is heart wrenching. This has to end it now. He didnt offer a solution. President trump once a border crisis meeting with him. Mike pompeos tells fox the Mexican Government has made a commitment to getting numbers down but aoc says we need a 911 Style Commission to get rid of the department of Homeland Security. Iran seized a British Oil Tanker in the golf, america restrained no retaliation. The price is around 56 a barrel and if it wasnt for american production price would have spiked to 100 or more. Hong kong, real violence. Fights on the subway as men thought to be attached to beijing attack protesters and members of the media. Beijing gover
Territory for the fourth day in a row. Energy stocks leading the advance as oil surges to a threeweek high, closing up more than 5 , marking its biggest gain of the year. A lot of news to get to. Im Melissa Francis in new york. This is after the bell. Connell im Connell Mcshane live once again in beijing and today were getting a firsthand look at the view from china. Speaking to folks here on the ground what they really think about the trade war with the United States and the perception of American Companies, especially apple. As the tech giant considers moving some of its production out of china. Melissa. Melissa first we begin with breaking news and fox Business Team coverage. Gerri willis is on the floor of the new york stock exchange, blake burman at the white house, and Edward Lawrence is at the Canadian Embassy in d. C. Lets star with blake. Go ahead. Reporter melissa there is a pretty big meeting going on right now not only in the white house but inside the situation room to be
Welcome to daybreak australia. We are counting down to asias trade opens. Record highs for stops cuban by big tech. Boj refrains from signaling hikes. Haidi investors are focused on an updated dot plot and rate cut. Paul philippines president tells us he wants to avoid worsening ties. Staggered open. Market flat now. Ozzie yields went lower after we heard from the reserve bank of australia. The bank saying it is really nothing in or out. They seem to have found support. Weve been trading in new zealand as well. The market looking like this. Public holiday although we will have futures trading in equities and bonds. Not a great deal of movement in futures. Yen is weakening. 150. 84 at the moment. Haidi look at u. S. Futures, flat trading. That session was interesting. We had gains ahead of the fed. We expect the fed to push back as the economy and surprises. Fresh record high, broadbased rally. Energy is the best performer as we see a rise in oil prices. Wti above 83 dollars, propelling
Worst streak since december. Nvidia out with earnings next week. Farfetched is farfetched. Shares plummet after cutting the outlook. China wobbles and i told you i stopped spending. Im alix steel with my cohost guy johnson. Lets overlay one more thing and that is options expiration. You have a bunch of options expiring which will lead to volatility, may be covering from the dealers, and that could exacerbate the moves into the close. Guy absolutely. What a week it has been an next week is jackson hole. Nvidia is coming out next week. We look back and see what has happened. This incredible move in the bond market. European equities have been battered this week. There has been significant pressure but the question is how big is this adjustment going to be . If we are in a 5 world, how long is it going to take to adjust . We have had many years of zero Interest Rates and qe. Alix the fact we are just talking about 5 means we should eventually talk about 6 . Guy maybe. Alix youve got to lo
First line of russian defences and part of the south. Now mine fields have been blocking the troops for weeks. That means when they are blocked, of course they are vulnerable to russian shelly. Its been dangerous, but careful my Clearing Operation has been making it where they can advance. Ukraine says gains have been made in the south and have expanded their units towards the town of tokmak, Logistics Centre for russian forces. In the last hour or two we have these pictures into the newsroom of zelensky there visiting with troops on the front line. This is it donetsk. I spoke to drjenny mathers. She is a Senior Lecturer at the department of International Politics of the Aberystwyth University in wales. I asked just how significant this is. I think its potentially very significant both symbolically and in material terms because i think weve known for the last several months that the russian defences were very formidable. They would be difficult for the ukrainians to get through, and th