Pulled off in germany. But first, a possible thanksgiving truce on trade. The two deals on the table are moving closer to resolutions. As you can see the markets are happy. President trump saying the u. S. Is in the final throes of reaching a trade deal with china, while mexico says Speaker Pelosi will hold a usmca vote between thanksgiving and the end of november. Edward lawrence has the very latest on the tray front to capitol hill. Sounds likes mexico knows more about this than we do. Reporter david, not a vote. She says she will get the agreement between thanksgiving and the end of november but House Speaker nancy pelosi clearly feeling the pressure. She did release this statement now saying that, quote, we are within range of a substantially improved agreement for americas workers. Now we need to see progress in writing from u. S. Trade representative for final review, using the words, final review there. Mexicos chief negotiator was told by the House Speaker he says, that she sho
Road map begins with this trade stumble for stocks some lingering china trade concerns plus, ecommerce boom alibabas 24 hour shopping extravaganza breaks its single days record of more than 30 billion in sales and still climbing. And goldman facing an investigation over allegations of sexist credit decisions at app apple card stocks are set to open lower this morning on some dampened expectations surrounding u. S. China trade talks as well now as this escalating violence in hong kong meantime, the s p is in the midst of a five week win streak for the First Time Since march 6 if you look at the nasdaq. It has been a nice ride over the past month. It is so amazing because the some of the bigger runs are companies you would expect no trade deal, we would unravel a lot of the companies that do a lot of business in china it continues to happen one thing i would say is that people seem to care more about the fact that Interest Rates are going up than they care about what is going on in china
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, folks. Classic happy birthday in honor of fox business. Its our twelfth anniversary. The Network Launched 12 years ago today. Golly, time flies. We are of course thankful
Searching for direction. The latest round of trade talks between the u. S. And china are going to be hanging over o this market all week just days before higher tariffs are scheduled to take effect. Investors are trying to gauge what if anything are going to come out of these talks and so far theyrefa getting some mixe messages and that caused the push and pull that we saw today ending with the dow down 95 points to 26,478. The nasdaq was down 26. The s p slid by 13. Kayla tausche starts us off tonight from washington. Reporter roundnd3 of u. S. China trade talks kicked off in washington today. Lower level officials meeting to figure out a menu of items for cabinetlevel negotiators and potentially President Trump to take up later this week. With tariffs escalating in days, a potential meeting between trump and president xi in weeks and critical election primaries in months. Heres President Trump today. I think that well just have to see what happens. I would much prefer a big deal and
Stock market as well the nikkei was up about 1 the hang seng up about a quarter. In europe, some active trading, you are going to see some red there. Dax is down. Cac off by. 6 the yields there have come under pressure it looked like they were a little weaker as well. Just above that. The 10year at 1. 53 the two year at 1. 444. China conflict escalating the u. S. Adding more companies to the black list and china scrapping the nba preseason games. Eunice yoon joins us with the latest it is not going to a very good place the financial fall out just continues for a second day tencent said it is suspending broadcast of the games for now, these are preseason games. This came a couple hours after the state broadcaster, cctv which has a very long relationship says it will halt all preseason games as well. In their statement, the cctv said we are strongly dissatisfied with the commissioners defense for the Houston Rockets tweet supporting the hong kong protesters saying we believe any speech t