Turs the dow and s p are a little lower. Nasdaq is on pace for the fourth weekly gain. Being looking at raise yeah, the nikkei up and shanghai composite. The ftse is down slightly, actually flat. So is the dax. The cac is up about. 2 . The 10year is yielding 1. 779 in our tariff news du jour, the u. S. Is going to temporarily free more than 400 products from the 250 billion in tariffs imposed. According to documents said to be published by trade representatives today. Including items such as Christmas Tree lights, retractible dog leashes. What . How did that get on the list that wouldnt work for my dogs if it went out, when i brought it in, something would be attached to the mouth. Filters for kcups, tiki torches, grills, electric skate boards stemming from more than 1,100 requests from companies. Holding lower level talks in preparation for higher level talks expected in october. Here is what Vice President pence and black stones steve squartsman had to say. For too long, one administ
Afraid. Alix the cotton crop is the most vulnerable now. In the markets, this is your job set up in the middle of easing from russia and china. Both of those contributing. Yesterday. Her continue to see some followthrough buying, up 0. 1 taylor the dollar is kind of back up 0. 1 . The dollar is kind of mixed. You had a sort of large selloff block in asia in the treasury market, so that exacerbated yields moving much higher, but crude all of the sudden off by 0. 2 . Off by 2 . Time now for the global exchange, where we bring you todays market moving news from all around the world. Going us from hong kong is bloombergs jeff black, tony ahrens in london, Francine Lacqua in italy, and Michael Mckee in washington. We want to start with china, where the countrys central bank announced it will cut reserve ratios for banks. Bloombergs jeff black is in hong kong. Put it in perspective for us. Jeff good evening from hong kong. This is all about the ongoing slowdown of the chinese economy, the on
[inaudible conversations] the committee will come to order. Good morning, and welcome to our witnesses, several of whom have traveled the considerable distances to be here today for this important hearing on paid family and medical leave. Before we move to our scheduled committee business, i want to take a moment to acknowledge the recent tragic passing of pamela moomau, a valued member staff of the staff of the joint committee on taxation for over 28 years. A reminder, again, of the considerable talent that exists sometimes outside of the glare of publicity. Pamela began her career at the joint committee on taxation in may of 1991, and over the years applied her skill on many legislative issues, both large and small. Her colleagues on the joint committee on taxation have said that pam was tireless in her dedication to the work of the joint committee, and that she readily accepted projects that were analytically difficult and often data deficient. She was in her office cheerfully worki
And our nation as a whole. Next Congressional Panel looks at developing a National Paid Program House ways and Means Committee vote on how to pay with advocating a payroll tax on employers and employees. Congressman shares a committee. The committee will come to order. Good morning and welcome to our witnesses some who have traveled considerable distances to be here. Before we move toward scheduled Committee Business i want to take a moment to acknowledge the recent tragic passing of pamela, a valued member of staff with the joint committee for over 40 years. A reminder again of the considerable talent that exist sometimes outside of publicity. Pamela began her career as a joint committee on taxation in may of 1991 and applied her skill in many legislative issues with large and small. Her colleagues on the joint committee almost tireless and dedication to the joint committee and she accepted projects that were analytically difficult and often that of efficient. She was working on a leg
The white house says theres no chance of meeting halfway with china and beijing slams protesters acting like terrorists in hong kong as satellite images seem to show Chinese Forces massed new the border. Talk about wework and its race for an ultimate unicorn ipo. For now, lets get you started with a quick check of how markets closed. We saw the dow lose 800 points, the s p 500 think almost 3 . Sink almost 3 . Every sector almost in the red. We had the nasdaq also losing 3 . It was all of this anxiety over the economy really sending those stocks down. We also had some api data showing that crude stockpiles were rising so that did not help the price of oil. Its about haven demand. The 30year yield also fell yield ands record finished just below that point. U. S. Futures also under pressure, down. 2 , as we continue to see this economic recession fears really gripped the market. Sophie with those recession , the nikkeig large posting a loss of nearly 3 . Haven buying has the yen hovering