With more. Thank you, andrew the Commerce Ministry said negotiators agreed to canceling tariffs in stretches the additional tariffs or some of them had to go. Also the Ministry Said from beijings perspective, the tariffs needed to be lifted at the same time by the same amount, how much could be negotiated the time and place of the deal signing has yet to be decided. Since then, the state media has been really focused on the point that if the u. S. Wants to have a trade deal, there has to be a removal of tariffs the state meeting says these have to be removed together saying this shows them as equals separately today, the authorities here sentenced nine people to joail including one with a suspended death sentence for smuggling fentanyl into the United States. As a sign that there was some calculated move behind this decision, the commission had said after the sentencing that the decision was made in accordance with the consensus reached between president s xi and President Trump. Sugge
Up 3. 6 . That was widely expected as we see more risk out there but unchanged, the central bank in china offering little relief to bond traders. Last week, massive cash injections. Yields are probably here to stay a bit longer. The mainland mod market having a solid year but quite a few headwinds could keep it under pressure. Phase one trade will looking like it could be signed. That should bolster the Economic Outlook after thirdquarter gdp averted a print below the 6 level. We got chinas new order supported by market stimulus. Boost if trade tensions ease with regard to that. 1. 85 on the treasury 10year. That is the position we find ourselves in. Su keenan is in new york with first word news. Su we start with boris johnson. The Prime Minister is going to try again on tuesday to get parliament to allow an early election after failing on monday to get the two thirds majority needed to push it through. Johnson says he will present a similar version of the legislature which will pose a
May 2018 when they lost their ability to judge because so many were being by crypto maniacs. When crypto sold off, that demand vanished. There have been other times when i have been asked whether it is still safe especially when the going to earnings. I typically said i dont want to play that game. I like nvidia but i dislike earnings rules which brings me to lesson one, i am not a hedge fund matcher anymore. I am not trying to teach you how to be a hedge fund matcher. Read the research, by speaking to the analyst, the company would go up or down in results. That is your trading, not investing. These days, i cannot even play that game. I just know i like the company. See, i have come to the conclusion that what matters is the longterm and not a quarter. The lake great and to growth telling the ceo that a quarter isnt a reasonable proxy, a good period to reach read a company. He lays all of this out and i used to believe he was right but there are too Many Companies that stocks break do
London and it works really well. Sometimes not so much but in some cases i agree with your priorities isolation, thank you as we kickoff the final hour of trade stocks are on pace for the best threeday performance since november Dow Jones Industrials up 108 points the s p getting 41 the nasdaq 150 points russell 2000 the biggest percentage of 25 points. No massive individual gains but when you punch up the five day chart we start with the russell because that best shows a muscular move of about 3 and it leads to the small and midcap breaking of bigtime, billionaire investor leon cooperman about to reveal to stocks in the russell that he has unmassed quite mistaken why he remains fully invested and will ask the Business School grad the news breaking couple of hours ago that his alma mater has canceled the main Commencement Ceremony and hes been very critical of the University Leadership and how it handled the propalestinian prohamas campus protest and announced on the show back in octob
A decline of 10 yesterday because of disapointrtificial intelligen disappointing sales they have been changing their strategy are they on the right track if they get the inventory right . I dont know. Theyve been seeing Phenomenal Growth for the first three quarters of the year 25 for the Fourth Quarter because of televisions and electronics instead of the everyday items. It says here they had so many tvs and toys they ran out of toilet paper they had no toilet paper to sell, okay which is important for a basic store like walmart do the maslow hierarchy of needs, survival, food. Before the big screen tvs and surround sound, there is the toilet paper its not just the inventory issues, its focusing on customers, theyve been spending on marketing, trying to bring in urban, younger customers now focusing more on the basic customers and bringing them in to walmart. Com does amazon know how to do this better than walmart amazon has had some practice. We will look at the u. S. Equity futures.