Years end after more than 30 years with the chicago pd. All eyes will be on china and madrid. Almost 200 countries will be there for the United Nations climate talks. China is in focus for several reasons as the largest investor of Renewable Power but also the worlds top carbon polluter. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. China is im Mark Crumpton. This is bloomberg. It is 1 00 in new york, 6 00 in london, 2 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following on the bloomberg and around the world. Checking the pulse of americas factories, manufacturers feeling the pain as ism data contracts for the fourth straight month. U. S. Stocks in the red. The s p 500 heading for its biggest drop in two months, as President Trump says he is resuming steel and aluminum on brazil and argentina. On
Street about the stock. Well debate. The Investment Committee is ready to go. Halftime report starts right now. Our Investment Committee at the table today, the Portfolio Manager at eaten vance. We begin where else . The market. Stocks have been ramping in the past 30 minutes, got above the closing high on the s p on a big day for the semis thanks to intel. All but hitting a new record, as well. Names like jp morgan, so many more hitting 52week highs today. We are about a point away from a new high. Is this the beginning of that longawaited ramp that weve been waiting so long for what drove the market was off to a decent start anyway and then the china news. Then the market went to hyperdrive. So if thats the case, if we have a meaningful agreement with china, we really dont know the details, that could, in fact, increase the trading range. So go through it. I thought there was a bias of the upside slightly. Some numbers are good, some are bad. Its very encouraging when you get a print
The premarket. It is down two and a quarter percent on mcdonalds right now. Under armor under investigation, the Company Reportedly facing a federal probe over its Accounting Practices. How it recorded sales, stock is plunging this morning on that news. Under armor shares down 16 and three quarters percent. U. S. China trade optimism fueling the broader averages. President trump in Constant Contact with chinese president xxijinping. A deal could be reached this month. Futures indicating a gain in the p p triple digits at the start of trading this morning. S p 500 is up 15, nasdaq higher by 51. Mornings with maria begins right now. Youre the only thing i know. So wont you take, wont you take me home. Maria good monday morning. We have a big show this morning. Joining the conversation, lee car first here. Cfra director of Equity Research, ken leon is here and mitch rochell. We have a big shakeup going on at mcdonalds this morning. The Company Fired the ceo over a consensual relationship
A spy and then he said something that sounded menacing. According to the whistleblower several senior u. S. Officials were concerned by the president s call now exhibit number one in hearings to decide whether to impeach donald trump john hendren aljazeera washington still ahead on aljazeera a large detention sent to take shape in eastern india well tell you who its meant for. And why many afghans say theyve lost faith even before saturdays president ial election. The sun is out on the south coast of turkey now all the action in the last 24 hours has been this curler clad in remaining stock 5304050 millimeters of rain typically but the big swirl out west is more typical of what were going to say now a regular basis for the next few months is autumn proper wind and rain the green being rain and temperatures hovering around the 20 and of course of study drop away now in spain and portugal were near the 30 rock and with that in the high twentys and its really eastwards in this swathe of c
Minor deal that would be open. As far as no more tariffs would be open as far as two more rounds of duties in return, they said they would be open to things. Speaking on the background in terms of noncore recession saying they still would not budge. That was an official speaking to one news source. Lets take a look at what would happen in asia the nikkei came under pressure hang seng down about. 8 and shanghai am coup about. 4 markets go up or down based on what rumor or headline at any given point on these trade talks scheduled to begin tomorrow in the United States. In europe, the bachl dax is up y about 1 looking at the treasury market, yields are higher. The 30year, a little higher than where we were yesterday the twoyear sitting at 1. 44 . Eunice yoon joins us now. Did we sleep last night. We look horrible without these thanks for pointing that out. Mine is too bright. We are going to toss to eunice ill tell you what way was thinking about on my way in. Did you hear about how many