Brandnew high right there and the nasdaq, poised for another 30 , 30point gain, 9,000, getting close to 9,300 actually, the latest rally very well received the china trade deal, signals new economic relationship between worlds two biggest economists, formers, manufacturers, Tech Companies and they all get help with this and the economy likely insulated from my threat of recession this year. Theres more trade help on the way for the market as well, Mitch Mcconnell says the senate will pass usmca legislation at 11 00 oclock eastern time this morning, so in a matter of days, america concluded deals with four new partners, mexico, canada, china, japan, all good stuff and theres a lot more to come, here is a tease for you n a moment you will hear exactly what senator warren said to senator sanders in the Heated Exchange right after the debate, you know, its fascinating to hear socialists call each other liars, stay right there, its coming for you, promise, Varney Company is about to begin.
And we have video of the chinese communication has been an issue, tax reform is hard to vice premier meeting with u. S. Communicate. Dagen wrote trump is his own communicator, he is the best trade representative lighthizer communicator. Right now, only video, american maria see you soon, have a great day, varney and Company Begins now. Video of the meeting. Treasure secretary Steven Mnuchin joined for dinner, this stuart history about to unfold deal pauses tariffs Going Forward but still 250 billion on varney and company. In chinese import under 25 dignitaries assembled in the tariff and another 120 billion under 7 and a half percent until white house for the formal signing of the china trade deal. It will be quite a show. The president , Vice President , cabinet, members of congress, Top White House officials will all be there and so will phase 2. He will consider releasing chinas toplevel delegation. The vice premier, the commerce tariffs as part of phase 2. So theres, nothing to do
Come up, excluse of ive insightm jamie dimon and ray dalio. Shares of uber, theyre sinking on continuing losses, more than a billion dollars in the Third Quarter. But the ceo predicts profitability within two years. And done everything right goings new chairman backing embattled ceo Dennis Muilenburg of the max crisis. Uber, shares falling stocks now 35 below the ipo price in may yesterday on closing bell, the ceo said he sees profitability as david said for the company in 2021 it was a very significant beat on the top line in terms of Revenue Growth accelerating and the bottom line. We increased our 2019 midpoint of our guidance and ebitda by 250 million. Ill tell you, while we havent finalized our planning, and it is going to take a lot of hard work from a lot of folks, were targeting 2021 for adjusted ebitda profitability full year sort of echoes of what lyft said last week street is mixed on this. I saw price target cuts and raises today. You got rbc saying that there is 1. 7 billi
Certain tariffs. Not just a trade deal, but actually removing some of the economi existing tariffs earnings continue to lead us higher just a bit. We have names like kroger and tapestry, the old coach beating expectations joining us for the entire hour is a man you know well, steven weiss from Short Hills Capital partners steven, good to see you down here at the New York Stock Exchange good to see you brian good to see us both heres the thing, earnings, trade, maybe just general positive market sentiment. One of those three or maybe something else, that has been the primary driver for what has been a nice little run we are up nine of the past eleven sessions on the s p 500 i think there are multiple drivers to the market. Trade being the most important and the most dominant. You can see the correlation. For those who say that trade is all in the market, thats clearly not true because when you get positive news coming out, the market ticks up when you get negative news, it goes down. So
How elizabeth our be could lose the debate tomorrow night with a man to take more of your money in retirement. To the battle or the borders. Today the anniversary of 9 11. A knockdown dragout fight has d. C. Buzzing. Rashida tlaib and alexandria ocasiocortez tore into thomas homan. But he hit them back and he said he has near seen an agency that captured enough drugs to kill the u. S. Population two times over. Cnns latest black eye. This debate keeps getting bigger and keeps getting worse. Im elizabeth macdonald. Chad pergram on capitol hill with the democrats latest on impeachment. Reporter this is muddled what the House Judiciary Committee is going to do tomorrow with regard to impeachment. The Resolution Says to determine whether to recommend articles of impeachment. The House Majority leader steny hoyer was asked earlier whether he thought they were into an impeachment inquiry. He said no. Steny hoyer had to say no, this opens the door possibly for that. They will go through this