Well talk about that when power lunch begins right now welcome to power lunch. Im melissa lee. A wild day for the market. The dow now up, look at that, almost 400 points. 1. 5 wiping out yesterdays losses on track for its best day since may. The nasdaq is now up just about 2 as tech leads the charge higher. And check out shares of apple. Having the biggest impact on the dow, it is up about 4 its best day also since may. Kelly. Thanks. We begin with a phone call that turned the markets around. Kaley tausche has all the details of what took place the details we have about the call are coming from china actually commerce minister and hard liner jong chun, and leo ho were among principals from beijing along with Robert Lighthizer and Steven Mnuchin representing the u. S. Chinese tv said the u. S. Asked for the call, but declined to provide a readout or comment whether inperson negotiations in september were discussed. President trump on twitter implying there was a discussion of agricultur
Standing declines. Airbus orders takeoff leaving boeing by 30 billion to zero. The ceo. Kathleen lets take a quick look at how the u. S. Stocks ended the session. Modest gains. Modest gains better than none at all as trade wars tensions swirl. Across the board for the dow jones industrial, s p 500 up fractionally. 22 points on the dow. Three points on the s p 500. It was the nasdaq that had the best performance, up 6 10 of 1 . It was based largely on the faang stocks. In particular, facebook saying it is getting ready to unveil a cryptocurrency. Investors like that. The s p futures are indicating positive ground to be taken. However not as much as i was an hour ago. As for treasuries, interesting Economic News showing more signs that a trade war is have an impact. Treasuries ended at 2. 09 on the 10 year. Close to the 2 yield. One from the National Association of homebuilders saying it looks like tariffs are weighing on the prices of building materials. We also saw a Manufacturing Inde
Bonuses for capturing ground and compensation for being kill. Russia is boosting its financial incentives to recruit soldiers to flight and ukraine. We take a close look at how much most co pays its military the and welcome to have viewers around the world. Im michael ok. Military chief from the west african echo last block. A holding their 2nd day of talks and gone on to prepare for a possible armed response to the crew in the chair at the law says, most of its members are now ready to join a stand by forts. But they faced opposition from other countries in the broader african union, which are threatening to veto any military intervention with economic sanctions already in place options or running out to restore democracy. In this year of the echo us military leaders are facing a dilemma. Use force and risk crease, the instability or back off and allow another west african nation to be under miller. People the block, the does have once again emphasized that on the dimension in the cha
Put one on the calendar for trump to stand trial in georgia, and its this second request, but by all means be a boolean move from fani willis considering what weve been talking about for the last two months, weve been talking about allegations of an improper romantic relationship that willis had with her special prosecutor. What sources close to her even acknowledged was a major distraction in this case. But now that willis has at least been told she could remain on the case by judge mcafee. She thinks its time now to push him to put a trial date on the calendar and we could see that come in the coming weeks. Now, look, that doesnt discount the challenges that you still going to face mcafee obviously, was really critical of williss credibility, really criticizing her for her actions that almost got her disqualified from case. And also the threat of his qualification still looms it was over willis and Appeals Court is going to decide whether or not it wants to review mcafee is order tha
Commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public comment will be taken both in person and remotely by calling for each item, the board will take Public Comment first. People attending the meeting in person and then from people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone by calling. 56550001. Access. Code 26605203021. Then pound, then pound again when connected you will hear the meet