Some fears over china trade. Retail sails topped expectations in october, climbing by 0. 3 and oil pointed to surging Global Demand in the quarter. Joining us is lindsey bell thanks for joining us. Good afternoon. We mentioned on track for three record alltime closing highs at the moment and also on track for the sixth week in a row of gains for the s p thats a remarkable run. It is absolutely a remarkable run and theres a few things that have gotten us here we have more clarity on the fed. Theyve cut for the third time and theyre willing to maintain the stance where they are right now, keeping rates where they are. The Third Quarter earnings season was very good and weve seen an easing of trade tensions while theres a little bit of uncertainty there, that could rattle the markets going into the end of the year. All things understood, the economic environment though does still feel pretty good. Lets focus on the big stories we are watching today. Kayla has details on those china trade
Up merger monday from big pharma to finance. The appetite for deals kicking in all around the world. And disney doing something this year that no other studio has ever done before, oh, yeah, we still got five months to go in the year. So grab your eticket. Its monday, july 29th, Worldwide Exchange begins right now. Y good morning, good afternoon, good evening and welcome from wherever in the world you may be watching im Brian Sullivan so happy to be back with you especially on this very busy monday bind us, shares of mylan labs, myl, stock is up 27 in the market deal with pfizer for their generic drug business may be eminent. Without this mornings move, shares of mylan were down. Th this reverse that. That will be your stock and your deal of the day. Well get more on mylan and pfizer in just a minute. Macro perspective, here is how your week is setting up right now. Futures not giving us a lot of indication about this market so far. Lets call it down 15. Lets call it flat to be generou
Administration and disney revealing the true villain of its marble universe as earnings disappoint and the stock sags on this wednesday, august 7th. Worldwide exchange begins right now. Afternoon, good evening and welcome from wherever in the world you may be watching. Im Brian Sullivan thanks for joining us on Worldwide Exchange. It is only wednesday, but it already feels like a full week, doesnt it down big on monday half of it gained back basically yesterday. Heres how things look now futures are not giving you help. Look at that, dow futures are up a scant 7 points one of the quietest mornings weve had in a few days. In bonds, the tenyear yield continues to be on the move. Bond yields keep coming down look at that yield 1. 68 . Below 1. 7. That seems very low for us, but consider that nearly 15 trillion worth of Government Debt around the world, countries like japan, germany, france, denmark, they have negative Interest Rates maybe the global race rate to the bottom, three Central
It was a big rally yesterday gave back many of the gains late in the session the dow did end up more than 100 points by the end of the session. Overnight in asia, a bit more muted today after the big gains yesterday in the markets the hang seng opening after being closed on monday for a holiday. Its the stock market trying to do some catch up it was up by 1. 2 . Shanghai was flat. Nikkei was up by a tenth of a percent. In europe, some early trading taking place a bit of a mixed picture there. Ftse up by a half percent. Modest declines for the cac and the dax. Stocks are higher in italy and weaker in spain. In the United States, if youre watching the threreasury market the tenyear is yielding 0. 15 lets talk trade President Trump saying trade talks have begun following his meeting with president xi jinping at the g20 speaking at the oval office yesterday, the president said the renewed talks are being held by phone any trade deals will have to lean in the u. S. s favor obserit has to be
Historic places and up next, we travel to philadelphias Independence National historical park, learn about Congress Hall. The Meeting Place of the u. S. House and senate between 1790 and 1800. Our guide is park Ranger Matthew ifill. We are standing in the old house of representatives in a building that we Call Congress hall, although originally it was built as a courthouse for philadelphia for most of its history, thats exactly what it was. But in the years that the city of washington, d. C. Is being built, philadelphia serves as our temporary us. This room serves for the house of representatives. The second floor of the building that well see in a moment was the United States senate, the house of representatives. Each representative at that in our history represented 30,000 people. We had a population at our first census of about three and three quarters million. We had 106 members of the house we would sit in this room and eventually from 16 states and the story as the us capitol the