Saw on friday, you got to remember that this president doesnt want stocks to go down he wants stocks to go higher and thats how you get a day like today where the dow gained 270 points and s p claimed and the nasdaq pole vaulted to 1. 23 trump knew things looked bad after fridays sell off. He decided to Say Something positive and turned things around did he call them did they call him there was a call people, thats beside the point. On friday the president took a harsh stance talking about boosting tariffs and demanding American Companies leave china immediately. He says the chinese called him willing to negotiate that was enough to give the market lift even though were getting conflicting reports about what happened. The peoples republic has officially denied anyone called trump. On the other hand, trump got two calls because the chinese are desperate and knows he has the upper hand who is telling the truth i got to tell you, i was amazed how quickly most of the media rushed to decide
Sweeping changes, more than half the candidates have quit or have been sacked. We will be like in westminster with reactions and analysis on our correspondence. Also coming up in the programme. The show down in washington as a special counsel has clarified his report on Russian Election meddling and the president s conduct. Do you exonerate the president was blue no. By exonerate the president was blue no. By President Trump treats no obstruction, calling the hearings a disaster for democrats. Well be on capitol hill with the latest on Robert Mullers testimony. Boris johnson has been Prime Minister forjust a few hours and hes already made some of the Big Decisions that will shape his government appointing his cabinet. Two of the top jobs went to sajid javid hes taking on the role of chancellor of the exchequer, which is known as the finance minster in other countries and dominic raab hes the new foreign secretary. This is their reaction. I am hugely humbled to take on this role at this
With at least one ftc settlement in its rearview mirror. The Company Posted secondquarter results, shares are up as most of wall street says fundamentals remain strong. Tesla resorts secondquarter results, cutting losses and wall street reacts. We will break down what went wrong and right. Our top story, facebook out with secondquarter earnings, proving the company can grow advertising and users while feeling the heat from regulators worldwide. Hours after facebook announced a settlement with the u. S. Federal trade commission to end a probe into the privacy policies, the beingy confirmed it is investigated by the ftc on antitrust as well. Facebook was alerted to the investigation in june but is just now sharing the news with investors. This as growth in revenue and daily active users Beat Estimates but with its reputation continually under assault, how . David, first of all, what is your take on this new investigation by the ftc . David it doesnt really surprise me. We have multiple p
Before the open this morning along with twitter overnight in asia, you will see what was happening there the nikkei ended down by almost half a percentage point. Hang seng was down by 0. 7 shanghai in china, you did see stocks higher. Up by a quarter percentage point. In europe, the three major averages had all been in the green. The dax up by 0. 3 the cac up by 0. 4 the ftse up by more than that. Italy and spain stocks there weaker spain down by 0. 7 in the treasury market, again with the gdp number coming up later this morning at 8 30 the tenyear yielding 2. 069 everything that happened with the ecb yesterday what that means for the fed, well talk about all that coming up in a bit. On the squawk planner, we have first look at gdp in the Second Quarter thats on tap. Forecasters expecting an increase of 1. 8 after a surge of 3. 1 in the First Quarter on the calendar we will hear from twitter, mcdonalds before the opening bell next week it gets crazy. It is the busiest week of earnings
Vote the presiding officer have all senators voted . Any senator wish to change their vote . On this vote the yeas are 95. The nays are 2. Twothirds of the senators voting having voted in the affirmative the resolution of the ratification is agreed to. The majority leader of the senate. Mr. Mcconnell the senate is not in order. The presiding officer the majority leader of the senate. Mr. Mcconnell the democratic leader and i want to take a few minutes here to point out to everyone that our colleague, the senior senator from vermont, just cast a truly historic vote. Of course the tax treaties are significant, but im talking about the fact that senator leahy just cast his 16,000th vote of his senate career. We know of no single statistic that can begin to capture such tenure, but this figure comes close. 16,000 votes cast for his constituents. With numbers like that, senator leahy has already left towering figures like our late colleagues ted stevens and ted kennedy in the dust. Now hes