To the primespeak minister and we are joined by the Deputy Governor of swedens riksbank. We will also be speaking to the Prime Minister of italy. Ceo. He saudi aramco there are plenty of good interviews coming up. Trumps new trade barriers are putting more pressure on the nafta talks when they resume later this week. Ont is as important taxes washing machines and solar affect canada and mexico. We are working very hard to make sure our neighbors to the south recognize how important nafta is and that it benefits not just our economy, but his economy, and the World Economy. Very much open to re trade deals involving more people. Has withdrawner the offer he made last week to give donald trump more than the initial 1. 6 billion he requested for the u. S. Mexico border wall. Republicans called the move a step back in the continuing debate for immigration. Donald trump tweeted, crying Chuck Schumer understands that if there is no wall, there is no daca. The u. S. Federal reserve governor Je
Two of the nation ooegss Biggest Oil Companies down. The clock is ticking for puerto rico. Major bond payments due this weekend fwlchlt. And why netflix wants to be like pixar. Well explain. As we enter the final trading day of the month, the s p is up. The dow is higher by. 7 and the nasdaq with gains. Consumer staples, up more than 5 hitting tom intraday highs this week. Although the 52week low list everything from sugar to gold to platinum to copper to oats to the mexican peso to the aussie dollar. The dollar suffered the best month since january. The real story in terms of the action in july was in commodities. Weaker. Many of them reaching multiyear lows. The dollar stronger and its hard to imagine the s p is managing to gain 2 in what was a bumpy ride earnings. Overshadowing some of the concerns about china and about greece. Earnings did it in big tech. Amazon up 24 in the month. Google up 23 . Big question i guess for august becomes the fed. Some would argue its a function of m
After the Prime Minister resigns ahead of a snap election. Unlike the usual attitude of many that consider themselves entitled to keep their positions, their seats, their office regardless of the conditions and circumstances i feel the deep, moral and political obligation to put in your own judgment everything i d did. That only begins to describe the chaos on wall street. The nasdaq below its 200 day moving average. The s p 500 lower by 150 points. Dow losing 358 points and Global Concerns the topic of discussion. Chinese factory activity hit its lowest level since march of 2009. Thats weighing on asian assets. If you take a look at the shanghai composite closing down by 4. 2 below its 200 day moving average. Its fundamental and technical factors that are at play but not just china. Youll see red across the screen. The hang seng index with the worst week since 2011. Here on friday, closing lower by 1. 5 . A lot of the auto and industrial stocks weighing on the index and then you take
Around as much as equities. Oil may put in eight straight weekly losses. Weve not done that since the 1980s. Hp out with results. Sales force ceo calls it the best quarter ever. Find out what else he told cramer last night and fedex launching a 4. 8 bid for a buduh rival. You were not supposed to be here today, but you had the day off. But its important enough to see how this goes down, at least in your mind. I think people are trying to revalue equities. I want to help people. Im not so selfimportant, but i think it is an important day, and i think its one of the things where i think a lot of people are just giving up. A lot of other people are saying theres no price to pay for anything. Its not a great time for the market. There are things that are happening. While its not a great time, the dollar is getting weaker. No one talks about that. When commodities come down, then you can see the notes today, vf corp. , thats a winner. Pepsico is a winner. Sales force doing a good number. Hu
We will carry that live for you as well. Im Brian Sullivan power lunch kicking off right now. And welcome to power lunch. Im kayla tausche. At this hour stocks are mixed Holding Steady off the lows of the session. The nasdaq and s p 500 both on pace for their second straight losing week. The s p 500 hovering just about at that break even level retail names taking a hit following the amazon deal news and the dow turning positive up by about eight points. It would be high fer it werent for walmarts drag of 25 points, down 4. 5 . Energy the best performing sector chevron, all leading the way today. Michelle carusocabrera is down in miami with the president s big announcement hey there, kayla, yes im in Little Havana where a large concentration of cuban exiles trump and that is why President Trump is coming here to announce his new cuba policy trying to make positive on a campaign process he made he believes cubanamericans in miami were crucial to delivering florida to him we are waiting t