News cribber john solomon are here, joining me in the you 8 0. Earnings season rolling of on. Big banks on deck this morning. All the numbers as soon as they hit the tape and impact on markets. Broader markets pointing to a gain at the start of trading, dow industrials up 84, nasdaq up 28, the s p 500 up 10 o 10 poin. Yesterday stocks were sluggish over weak Quarterly Earnings and halted covid19 vaccine trials. At the end of the day, the s p 500 was lower by 22. Shiny now apple, the Technology Giant unveiling four new iphone 12s ss for your convenience. Coping tips from outer space, astronauts have isolation advice for the weary public and its making a buzz this morning. Mornings with maria is live right now. European markets in the green, take a look. The fq100 up 14, the cac is up 1 andahalf and the dax index higher by 15, fractional moves this morning in europe but to the upside. A mixed story overnight in asia, as chinese president xi jinping is calling for young People Living in h
Pips. We are looking at the rest of asia doing this. 1 8kospi index down about of 1 . Some updatese, here on what happened yesterday. Military saying it is on high alert in that part of the world. Today,the top stories just a couple minutes ago, we did get confirmation out of the pboc, adding more funding to the system here. It is trying to guide the economy through a rough patch. A smaller chunk, 2. 95 . Jason. Us now is pleasure to have you. Good morning. Your top thoughts for today. What is top of mind for you . At chinas liquidity guess first the primary liquidity facility, but it does also add to the positive growth picture for china, especially on a relative basis. Covidast because the situation has been continuing in china. When you couple that with Strong Capital flows and improving current accounts balance, it doesnt mean the fundamentals are quite good at the moment. Note, and i guess on that many people say go long against the dollar. Your trade is the currency against the i
What difference will it make for the u. S. Economy . Is this priced in . Peggy we did not see the markets move much. A lot of this is priced in in terms of the economy. What it is is a political win for trump before year end and nancy pelosi has positioned it as a way to say to her constituents, we are still legislating even though we are going ahead with impeachment. David it looks like the usmca is a done deal. What about the china trade negotiation . We do not seem to ever quite get there . Peggy we are plunging toward the december 15 deadline on sunday. It is the zero hour in terms of whether we get a phase one deal before the december 15 tariffs were scheduled to take effect. Our latest reporting is looking like there could be a delay on sunday, even if they do not get the terms of a phase one deal done in time. David thank you so much for joining us. That is Peggy Collins from washington. Now we go to london. We have a yougov paul. A yougov poll. What did it tell us . Therese it
Good to see you. Youve still got, what, 50, 60 House Democratic members who came from republican and trump districts who understand the power of usmca, and in fact, to some extent if they are going to think they are going to go off the ledge, on some crazy idea of impeachment, which is doomed to failure, they might even be more inclined to do something constructive on the u. S. Canadian mexican trade deal. David but nancy pelosi says they will be able to work something out on usmca. Listen. Were moving ahead on the u. S. Mexico canada agreement. Were again hoping to be on a continuing path to that. David amid the noise, do you think we can see sustained Economic Growth and progrowth legislation . Im not sure that the first requires the second. And thankfully it does not. Weve had growth. We continue to have growth. Mainly because of the u. S. Consumer benefitting from great job market, higher wages and all the rest of the things we have talked about on this panel because nobody else is
David welcome to cavuto coast to coast im david asman in for neil cavuto. President hitting back over criticism after phone call with the ukrainian president and a democratic impeachment push. Blake burman is at the white house with the very latest. Reporter the president arrived at the United Nations about an hour early. He will be there for three days of meetings to talk to a dozen World Leaders to give a big speech tomorrow. As he was arrived this morning he was asked about the phone call earlier this summer with a newlyelected ukrainian leader volodymyr zelensky. He acknowledged on the phone call he did indeed talk about joe biden. The president also saying the conversations on the call were appropriate and that biden shoulding investigated in his view. The president feels that bidens son hunter benefited from business dealings in ukraine and china. Because of his fathers position then as Vice President. Phone call with the president of ukraine. Everybody knows it. It is just a dem