We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
Other question is where what has apple become . Tom instead of the markets and the nasdaq war that we have seen , ties into apple, this was actually, francine, a huge deal yesterday. Arguably the biggest meeting they have had in three years. We are not going to go apple fan boy on it and explain all the stupid is that and the other thing. But i also want to go in with alex webb, sort of the racket that theyve got where everybody has to upgrade because this is old technology. This phone is a failure. I have to get rid of it. Francine the question i have been asked the most is, do we have 5g here, and people just dont know yet. Lets get to the bloomberg first word news with leighann gerrans. Leighann prospect of another stim list package before election day look bleak. President donald trump and Senate Republicans are at odds. The president is urging them to go big or go home. Senate majority leader mitch admitting to aly vote on small businesses. Nancy pelosi says the latest offer is no
Higher, by 18. In fact the dow and s p 500 scoring the third day of gains yesterday. But the nasdaq was the big winner with a gain of one and quarter percent on the war against coronavirus and dave ricks is here joining me first on fox business at 7 10 a. M. This morning. With breaking news you do not want to miss. The stimulus stalemate goes on House Speaker naption facing backlash now after senior democrats shot down a bipartisan proposal. And it is count down to election day President Trump says he has no regrets about his handling of the coronavirus pandemic. This as joe biden kept courts hifng voters in florida. History made at the white house, the dawn of a new middle east israel, the United Arab Emirates bahrain sign a deal brokered by administration. Here to talk and more. Plus Hurricane Sally crawling dangerously slow toward the gulf coast. Already dumping massive amounts of rain on the region. We have a live report. Apple newest tech taking a look at apple and ipad see if it
Moves its way to the northeast, live to the gulf this morning. Markets this morning trading up, take a look at futures, wild week with triple digit gains for the dow industrials in record territory. Nasdaq up right now is lower but the s p 500 scored a fifth Straight Record high close yesterday and continues higher this morning up another 11 points. Airlines getting turbulence, United Airlines warning 3,000 pilots could be grounded by october. Mornings with maria live right now. Global markets are mixed, take a look at european indices. The cac quarante is up 3 points but the dax index in germany is lower by 17, in asian markets big news, japanese Prime Minister shinzo abe announcing hes resigning. He announced resignation overnight and the news weighing on japans stock. The nikkei average down 1 and a half percent over night. Some of the top stories that we are watching this morning. President trump wrapping up the rnc last night officially accepting the gop nomination for president m
Have relations between the u. S. And china soured to the point of no return chinese leaders threaten retaliate for the closure of its consulate in texas from trade to security and human rights will the super powers find room for compromise this is inside story. Hello and welcome to the program im in wrong car its being described by some as a new cold war relations between the u. S. And china and ruffling quickly in the latest spat chinese diplomats have been given 72 hours to shut down their consulate in Houston Texas President Donald Trump accuses them of spying and stealing intellectual property Chinas Foreign Ministry is threatening retaliation for what it calls malicious londa roselyn jordan has more. Its a scene straight out of a spy film employees at the chinese consulate in houston burned documents before theyre forced to leave the u. S. On friday the expulsion of the 60 diplomats and their families is just the latest step taken by the u. S. Against a country it considers a Nati