I would look for italian bond yields and treasuries. We are also getting breaking news out of iea. It says the oil outlook is fragile. We had a great story saying saudi arabia is speaking to producers to make sure there is not too much volatility. 57. 42. Rude at and the one weve had a lot of news, we could talk about u. S. Intervention on the dollar. The yield at 1. 7. R shares are rising after the Company Proposed and 8 billion settlement. This is the picture, 7. 5 higher. Coming up, we speak to the chief executive of novo nordisk in 30 minutes. First, lets get straight to bloomberg first word news. We stay with that breaking, also a bloomberg scoop. Bayer proposing to pay 8 billion to settle claims round of causes cancer. This would settle more than 18,000 lawsuits. It may be months away, but it would ease investor concern over the litigation exposure. Fight, thatthout a is the italian Prime Ministers message to his deputy. Leaderiimmigrant league is pulling support for the administ
If you build it yankees will come and iconic baseball movie getting the mlb treatment, it is friday, august 9th fbn am starting right now. Welcome to fbn am l im lauren simonetti. Good morning im Tracee Carrasco in for Cheryl Casone what a week. What a week ending right where we started so lets take a look at how your money is moving this friday here in the u. S. We are seeing a triple digit decline dow futurings are down 100 points nasdaq down 50. Pretty volatile, summer week which is odd. All right lets tick a look at the yield on the tenure treasury right now. You can see pointing down, 1. 71 nine basis points below. International agency has come out and downgraded once again the global nangd forecast, how far about, the price of wti is gaining, that half of one percent 528 lets split the board also show you another that is right to safety going on as investors are git is rei gold is up another 1514 the ounce. Taking a looking at stockses in asia right now. You can see a mixed board
The comment president making now are on the south lawn of the white house, as you look at the white house live in washington. He is making them now. You know how this works by now. Once he is finished well get the tape playback from the president with the breaking news at this hour. Jackie meantime fox Business Team coverage from washington to wall street. Blake burman at the white house, Deirdre Bolton on the floor of the new york stock exchange, phil flynn watching all of the action in oil. Big day at the cme were going to start with blake. Reporter let me try to walk you through the beginning of how everything started at the white house today that led us to where we are. Earlier today the president had a meeting with his trade team, the folks who were in China Shanghai negotiating with china facetoface for the First Time Since may. Members of his tray team, members of the Economic Team as well briefing the president. After that meeting, at least at the end of that meeting we got a t
Today will not be quite enough. One and done probably not the strategy. That being said, we will need more medication, but not a lot. I want to go guy i want to get a shot david i want to go to shawn donnan in washington. They get done early but it is not because they got the work done. Shawn the expectations were always low. This was the first meeting between the size since the talks broke down in may. The real priority was running through the issues, seeing where both sides are and deciding on what the path is ahead. The good news to come out of shanghai and the details are few and far between, but the good news is there going to talk again and meet in Early September in washington. The trade war is on hold or at least will keep trundling on for another month. Are expectations any higher than Early September meeting . Shawn i dont think so. One of the thing that has become clear since may is that the pressure on both sides to get to a deal, the hurry up pressure is not there anymore.
Healthcare and ill legal illeg. Raise your hand if your government plan would provide coverage for undocumented immigrants. [ cheering and applause ] maria there you go. Weve got highlights, the low lights and President Trumps reaction as well. Markets this morning look like this. Futures pointing toward a higher opening this morning, dow futures up 86 points right now, a third of a percent, s p futures up 7, and the nasdaq futures higher by 11. Yesterday the s p closed higher with snapping a four day losing streak. The s p and the nasdaq were higher but the dow was down 10 points at the close yesterday. Nasdaq up a 57 points at 4 00 on wall street. For the month of june, the markets are all sharply higher. The dow on pace for the best june since 1938. Actually as the president told us just the other day. European indices look like this, take a look at the gains across the board, fq100 up 19, cac up 12, dax up 52. In asia overnight, markets were down as investors away President Trumps