Selling nba products. A stark warning from beijing, stay out of chinas sovereignty. Keep your mouth shut. Theres action on the trade front. The u. S. Has blacklisted 28 companies which are accused of helping in the repression of uighur muslims in western china. The Foreign Ministry there is considering retaliation. High level talks resume in washington this week, now with a more threatening backdrop. Its another day when the market reacts to headlines. Investors clearly worried again about china trade. The white house is also looking at limiting chinese stocks in u. S. Government Pension Funds. Now, were looking at a significant drop at the opening bell. The dow is off about 170, s p down 17, big drop for the nasdaq, down about 40 to 50 points. Heres what we have. Free speech threatened, American Business threatened, china playing hardball defense as it faces challenges from all sides. Varney company is about to begin. Stuart china trade, deputy level talks start today ahead of the hig
Gain in both directions, the market clearly banking on a trade deal. Whether stocks go up or down will depend on the details. Keep an eye on the dollar. The direction will be dictated on whether this is a shortterm deal or whether this is a more broadbased deal that resolves lingering trade issues. Crude oil, demand, supply issues. More information on the supply side out of opec, demand still a concern, 1. 43 . Up for a second day. Optionere is a third which is no deal, which would imply sanctions going up on the 15th and more on the 15th of december. The market risk on assets liking the idea that liu he will meet the president. The euro has been gaining ground despite disappointing data. The dollar is down. I want to mention what is happening with turkish assets, stock market trading down by 2 . Bond market, the yields moving aggressively, and the lira is under pressure. Turkey puts more troops into syria, a tense situation emerging as president erdogan says if europe says it is an in
Disrupting this is bad for the markets. Whatever helps it is good. That is where we stand. It is not a political thing or red or blue thing. It is a green thing. Whether they are republicans or democrats they love making lots of money. My name is neil cavuto. My thanks to david asman filling in while i was out. What is occupying the markets attention, to impeach or not to impeach whether there is enough evidence or drama around this to build a case for this. The so far the transcript of the infamous phone call is out. We dont know all the details. We dont know for example, if it es out right verbatim context of the call or whether there were other calls. What weve seen of it so far does not seem to emply anything too, too worrisome for the president , a little icky but not necessarily a constitutional crisis. To blake burman at the white house with more on all of the above. Blake, what have we got . Reporter hi, there, neil, here is the argument and the president and the white house ar
Was a company that had it so they got in touch with bill gates. With basic microsoft supplies what the apple 2 lacks this is the 1st collaboration between bill gates and steve jobs but at the end of the seventys thanks to the success of the aapl to the spotlight is on steve jobs and then in 1980 they went public so there are all these people have stock that got very rich and it was one of the 1st Public Companies in the personal computer space where people got rich so then people started to really paying attention whats it like to get rich its very interesting i was worth. Over a 1000000. 00 when i was 23. 00 and over 10000000. 00 and i was 24. 00 and over 100000000. 00 and i was 25. 00 but. Especially at that point in my life it was it was not the most important thing the most important thing was the company the people the products we were making the products also the obsession of bill gates his vision of a world organized a run software. Theres a lot of people who are forecasting tha
Of hong kong. Oil strengthens after a shakeup in saudi arabia. Family is in charge of energy for the first time. Kathleen a quick reminder of how u. S. Stocks ended the session on friday. The fed chair speech later in the day with some of the big drivers. You can see is narrowly mixed. Leak. Big there is some good news. Points. 69 nasdaq a little nowhere. Suffering after news about the investigation. Basically, it was about jobs. 25,000 with temporary census records. Those are the parts that initially got a bond value. You have average Hourly Earnings following yearoveryear. Unemployment at a 50 year low. There is no recession on the doorstep. Not a 50 basis point cut. At any mate, jay powell confirmed that saying that he thinks that the labor market looks strong. Pointing to a rate cut, but nothing to get the markets going after all of that. Pointing a little bit to the positive side. How are things looking in asia . Asia futures are pointing to mixed and muted start this morning and