Phil flynn has his eye on oil and gold at cme. Hillary vaughn is live in dallas today at a google roundtable event. Gerri to you first on the rollercoaster session. Reporter wow, wow. You said it at one point during the day we dropped 336 point on the dow the within that hour we turned green. Maybe expectation after rate cut, maybe two by the end of the year. Traders like that idea even though the Services Sector appeared anemic here. Dow, one week. We were down 840 points combined tuesday an wednesday. Now we are in the green today. But on the week, the dow is down more than 2 . S p down more than 2 . Nasdaq down 1 . We have got a ways to go to see our way through this thicket. Dow laggards this week, 3m, one of the industrials stocks getting killed bit manufacturing report earlier in the week. Price target cut by barclays and credit suisse. Bad news for 3m. Theyre down 5. 63 . Caterpillar same story. Industrial stock getting hammered by this bat news on manufacturing. Goldman sachs,
China. Connell speaking of china, beijing celebrating the 70th anniversary today. Peoples republic of china, Largest Military parade ever over there as a new level of violence emerges in hong kong. A protester in hong kong was shot by the police, marking the first time live ammunition was fired directly at demonstrators. Melissa rough day in. Gerri willis on floor of new york stock exchange. Greg palkot with the story were talking about in hong kong. Lets get started with gerri. Reporter big selloff at the close. Were closing at lows of the day. The dow and s p going down. What is going on here . Manufacturing numbers came out here lower and market traded lower and traded even lower here. Negative manufacturing from germany and the wto saying that trade is at its weakest level since the great recession. Lets look at dow laggards now. Earlier we saw mcdonalds, 3m, you United Health all lower. Mcdonalds saying samestore sales would be a miss. Really earlier in the day it was about the in
Impeachment, you did not put to a full house vote . To more crank up stop trump investigation machine that is a dangerous precedent. If trump must be stopped why are democrats in recess . Also, what will President Trump do to protect his big arrow in his quiver. The historic economic e expansi. And also more questions surfacing about joe biden and his son hunter as trumps personal lawyer rudy guliani asking, does anyone really believe that china and Ukraine Companies made for hunters expertise . How did a trillion dollar become the new billion for 2020 democrats . The democrat race is looking like a massive tax spend arms race. And we have latest on i. C. E. Rounding out criminal illegals in a multitude of states, they were already charged with felony, including violence crimes. I am elizabeth macdonald. The evening edit is invested in you. We start right now. Elizabeth welcome, you are watching fox business network. We have all action in washington d. C. , Hillary Vaughn on capitol hi
Of right here on mornings on 2. He says this would reduce harm from firearms without waiting for federal lawmakers do something to address gun violence. South bay reporter, jesse gary joins us live from San Jose City hall with an indepth look at the mayors proposal. Jesse . Could afternoon to you. Locarno admits this is not a cure all for gun crimes. In fact, he says he expects his opponents to litigate the issue. Still, a recent mass shooting and loss of life in gilroy certainly the partial catalyst to the potential change in city hall. We are in the heart of silicon valley. Innovation starts here and we know that this is a crisis that is crying out for many solutions. The cries were loudest for locarno after the mass shooting on july 28. Allege gunman, Santino Legan opened fire with an assault rifle, killing 3 and moving wanted more than a dozen. The mayor seeks to mandate all gun on owners to purchase Liability Insurance or pay a fee. The money would be used by the city to offset co
U. S. Energy dominance in an appearance he made in pennsylvania. He said to make his way back now to bedminster, new jersey. Well follow him and any breaking headlines. Edward lawrence is at the white house for us. Jackie deangelis on the floor at the New York Stock Exchange, and phil flynn watching oil and gold at the cme but with the tariff news, edward, we start with you. Reporter u. S. Trade representative Robert Lighthizer announcing today they will delay some tariffs until december 15th, on some items based on health, security, and national security. They also, those items are on a list of 21 pages right here. Yes, it does include underpants in those items. One of the big once, cell phones, laptop computers, toys and clothing, including footwear. All of those tariffs delayed until after the Holiday Season basically for buying. The tariffs are not going away, just delayed on other select items. Another 122 page list shows will be under tariff that will happen on september 1st. Tha