Countries, targeting the development of treatments and vaccines. You heard it here first, back in april, when senator tom cotton joined me on sunday morning futures. You believe that they are stealing intellectual property right now as we speak. I have little doubt that the Chinese Intelligence Services are actively trying to steal americas intellectual property as it relates to the virus that they unleashed on the world. Maria and now we have the of usual word. Breaking the official word. The u. S. Ordered china to close the consolate in houston as reports come in of documents being burned on the site. We have the late echt. Markets looking at a lower opening for the broader averages, futures indicating a decline at the start of trading, 88 points lower on the dow, nasdaq lower 17, s p 500 lower by 10 and a three quarters. The dow and s p 500 continued a winning streak yesterday. The nasdaq took a breather. The nasdaq was down. Its one of the busiest days for earnings this morning, bi
People dead. Apple is reClosing Stores and pepsi is shutting a food plant in beijing. The reserve bank of australia shifting its yield curve policy into Cruise Control, saying it is functioning better now than when the qe program began. Shery u. S. Futures under pressure. We are seeing it down. 6 . This after u. S. Stocks dropped the most in more than a week. Stocks are feeding on the record levels fading on the record levels of coronavirus in florida. Industrials and energy leading. The weekeek ended in the green for u. S. Stocks. China will accelerate purchases of u. S. Farm products. It was a slightly in the green sixth session of gains. Oil is under pressure heading towards the 39 a barrel, after it at one point surpassed four dollars a barrel. 40 a barrel. Theres optimism we could see global fuel demand and we had more reassurance from the opecplus groupon output cuts last week. Group on output cuts last week. Haidi china has confirmed its new National Security law will override h
Of legislative affairs, and winning over india, u. S. Tech giants move into the country with more than half a billion internet users. We will explore why not everyone is happy. But first, to our top story. It is finally here. After three years in the making, the u. S. And china have signed phase one of their trade deal. President trump and the chinese vice premier puttingpen putting pen to paper. Mp china has made substantial and enforceable commitments regarding protection of american ideas, trade secrets, patents, and trademarks. China has also pledged firm action to deal with pirated and counterfeit goods, which is a big problem for many in the room. Taylor those people in the room, executives from qualcomm and ebay and others. A director of cyberspace policy at the council on foreign relations, and in washington, bloombergs peggy collins. Peggy, let me start with you. What did we learn from the signing today . Peggy with the signing, what we have learned is that the u. S. And china
The committee will come to order. Without objection, all members will have five days to submit statement, extraneous material for the record subject to the limitation and the rules. Ambassador wells, miss friedman, welcome. Welcome to members of the public and the press, as well. We are glad to have our friends from cspan with us today, as well. We meet this morning so the committee can conduct oversight of the Trump Administrations policy towards afghanistan and ill now recognize myself for an Opening Statement. For months weve been attempting to get some visibility into the ongoing peace negotiations without success. We all want peace. We all want the fighting in afg to end, but Congress Needs to know when a potential deal looks like, members on both side need to have the chance to ask questions and offer views. In the last few weeks weve seen the afghan reconciliation proseses is go off the rails in a spectacular fashion. We learn trade president ial tweet that the administration wa
The committee will come to order. Without objection, all members have five days to visit made statements and questions for the record subject to the limitation of the rules. Ambassador wells and ms. Friedman, welcome to the members of the public and the press as well. We are glad to have our friends from cspan here as well. We need this mornings of the committee conduct oversight of the administrations policy towards afghanistan and iran now recognize myself for an opening statement. For months weve been attempting to get some visibility into the ongoing peace negotiations without success. We all want peace and the fighting in afghanistan do and do. Congress needs to know what the potential deal looks like and members need the chance to ask questions and offer views and in the last few weeks, weve seen the reconciliation process go off the rails in a spectacular fashion area to be learned from a president ial message that the administration was planning to host the caliban at camp davi