Data in the u. S. Is bouncing back. Factory orders coming through stronger than anticipated and we are up 6. 4 versus 6. 2 last time. And it is actually a little bit softer than last time. 11. 4, that isat stronger than anticipated. And transportation is a stronger than last time. Orders,tal goods nondefense, 1. 9, bang in line with expectations. Ookare going to get the b a little bit later on. That will give us a good idea about what is happening for the back into july into august backend of july into august. We will carry on the conversation about what is happening in the markets. We have great guests coming up. This hour, we will speak to the ceo of lands end. They have a big digital presence. Have. Ffect they will we will talk with Jerome Griffith about that. And for more on what is markets we have Brian Weinstein from morgan stanley. This talk about what is happening broadly right now. Youre in fixed income guide, you are watching what is happening broadly in these markets, what d
Taking their claims of economic injustice straight to the financial district. They are marching past wall street and the famed bull statue. Just moments ago, we got video of this to ensure that their miss ja message is heard loudly and clearly. Here are live pictures of groups gathering at this hour in los angeles. St. Paul, minnesota. And right now, the protests do appear to be peaceful at the moment. That, of course, is the way many of the protests around the nation actually began yesterday before descending into chaos in cities from new york to louisville to washington, d. C. Macys Flagship Store in Herald Square among the businesses attacked by looters. Today, businesses are bracing for another night of unrest. Lands end ceo is here to tell us how hes protecting his retail outlets while juggling the Coronavirus Crisis over the past couple of months. Images of looters attacking rodeo drive, one of the worlds top luxury destinations, has Beverly Hills just one hour away from a citywi
Equities not totally convinced. They were higher, then rolled over. Part of that is the u. S. U. S. Futures were a little higher three hours ago. Now weve rolled over yet again. Intocalvasina sees a dip 1700 possible for the s p. Part of the reason we are seeing this is a spike in the dollar index. Causing a lot of pain across the board, whether in the commodity market, emerging markets, europe. The eurodollar having an unbelievable slide. The cable rate at its lowest level at one point since 1988. Time now for global exchange. We are going to bring you todays market moving news from around the world. From brussels to london to lawson can to washington, our bloomberg voices are on the ground with todays top stories. The ecb announced it would do whatever it takes and an emergency Bond Buying Program. Joining us is maria tadeo. Walk us through what we know about the program. Maria first of all, it was unexpected. It took a lot of people by surprise. You have to take a look at the amount
Targeting base technology, House Judiciary Committee Holding First hearing today over anticompetitive practice, 450 milliondollar mystery solved. Wait till you see this. Many begins right now. Maria looking like the rally is continuing this morning, strong move this morning with dow futures up and nasdaq up 51. U. S. And china at odds over potential deal. President trump spoke yesterday on the negotiations which could happen at g20 summit after earlier threatening tariffs. I think president xi of china, great relationship with him, i think he will be there, we are scheduled to talk and to meet. Right now we are getting 45 from 250 billiondollar worth of goods, a lot of money pour to go treasury, weve never got 10 cents from china and now we are getting a lot of money from china. Maria joining me right now mitt romney chairman director. Good to be with you. Maria whats your take on the standoff of u. S. And china at this point . Well, look i think the dynamic is interesting because both
Europe is down for the second consecutive day. Our road map begins with jcpenney, a pleasant october surprise as comp sales rise for the month. Trends look upbeat for the month and is giving the stock a big boost in the premarket. Deere jumps on quarterlies but lowes falls. And youre going to want to hear what yahoo Ceo Marissa Mayer had to say last night in San Francisco. Well have that for you. Shares of jcpenney up sharply despite a wider than expected quarterly lost. Mike ullman says penneys is encouraged by the open in november. Theyre talking 2 billion plus in liquidity, sequential increases in margins and comps. There was a whisper around they would lose 2. This is the agabeginning what i have would call the normalization of jcpenney. Theyre going to go back to being nothing, just another retailer. Theyll be like kohls. Well talk about jcpenney like kohls. Main thing is you want to buy pvh because they were the supplier that stuck with the previous guy. Notice i didnt call him c