Brian sullivan is reporting live for us from hong kong today. He will join us in a few moments. Behind me you can see the dows action from yesterday shedding more than 800 points for its fourth worst point drop on record, closing down by 3 or so after yesterdays historic move, here is how your money and the Global Markets are setting their day up today stock futures indicating the dow will open higher some stability brought to the markets. Interest rates are a huge part of that market story the dow jones up by 136 points we lost 0800 yesterday. Yesterday we saw the socalled inversion of the yield curve the twoyear treasury note and the tenyear treasury note yields, this means shortterm bond rates are now paying more than longterm bonds, historically this is considered a possible recession warning sign and new overnight, the yield on the 30year treasury, the long bond in the United States, dropped below 2 for the first time ever. You can see right now currently 2. 016 that move lower, a
Prompted money guys to were in his camp. Neil the dow up 250 points. Edward lawrence what might be the fierce of all this an extended trade war. Reporter the president in almost a News Conference before he left, uploaded some very critical thoughts about a trade deal with china. Listen. Were talking with china. Were not ready to make a deal. Well see what happens. Weve been hurt by china for 25, 30 years, nobody has done anything about it. We have no choice but to do what were doing. Reporter the president upping the ante and pressure on the chinese economy. He says no u. S. Cop will do business with huawei. That will halt of process of 35 Companies Going through for a special license to sell to huawei. The u. S. Labeled china a currency manipulator. The yuan hovering seven to one with the dollar lessening impact on tariffs. The president doesnt want to artificially weaken the dollar but believes he needs more help from the Federal Reserve. We have virtually no inflation in our country
Radcliffe was a front runner, choice for the job failed to get and many people were thinking it would be a done deal, so this is enough support from the islands governing body. A surprise. Cirilli, thank rosello stepped down after weeks of massive protests. The italian Prime Minister held you for jumping on that news for talks in rome today with ursula us. We will bring you President Trumps comments on eu trade in von der leyen, the new president washington as soon as he makes of the european commission. An appearance. All of this means that theres a their discussions will range from climate concerns to the lot of factors weighing on migrant crisis. During a news conference, markets this friday. Trade concerns are top of mine, with u. S. Economic data. Jobsyers added 164,000 launder land said and there is no Civil Solution to the migrant issue in europe and that more last month, shy of estimates but burden sharing is needed. Fact thatare of the in line with consensus. The mile meanwhil
Former dallas fed president Richard Fisher is with us live and we are hours from a key report from netflix. Which way is this stock going to move the Investment Committee is ready to go. The Halftime Report starts right now. A lot of good questions there. Of course, its good to have you with us on this wednesday. We have a very good Investment Committee as usual for you jim leventhal, steve weis, jonny in najarian. Not for investors, not for today. Csx shares derailed. Investors suffering their worst day in more than a decade. A lot to unpack here lets get to frank who has been following the story since last night. You were just talking about economic indicators. The economy is strong. Retail sales strong. Unemployment at record lows. Inflation not a worry. But their new fears of a freight recession. Now csx, lowering guidance from 1 to 2 growth to a 1 to 2 decline, largely due to weaker demand for domestic and export coal and the everpresent trade tensions first half volumes fell 4 ce
the united states, our allies and our partners will do what we have to do to counter the start sent to protect these ships. holiday shipping season is in full swing. how ai technology is thwarting porch pirates. it is computers versus criminals and we have to use every tech capability that we have. this is like something. norah: a stunning images coming out of iceland after a volcano erupts. the fast-moving lava. my dream is to be the first female marine in the olympic spirit norah: and our series, profiles in service. we will introduce you to a marine who hopes of becoming an olympian and inspiring girls everywhere. i want to be remembered as somebody that brought others along with me. whoo, that was great. norah: good evening. i m norah o donnell, and thank you for being with us. there is breaking news out of colorado, where the states supreme court just ruled that donald trump is disqualified to be president under the colorado constitution. we wil