Been interesting. Not just value but also small caps. Also industrials, also cyclicals. They wound up beating estimates, coming in at over 600,000. The earnings went up slightly as well. If you have a miss, you get punished. For global exchange. We will bring you todays market news from around the world, from hong kong to brussels to london. First, we start off in asia where china is firing back at the u. S. Mike pences criticism of his actions against protesters in hong kong. He said chinas actions in hong kong curtail liberty rights. The Foreign Ministry blasted the remotes remarks and said we hope they can get their own house in order. I was quite surprised by their response today. Their response yesterday was much more consolatory consolatory from chinese news outlets. They accused Vice President pence of line. They accused him of arrogance. Y said his speech was and the like. As you mentioned, they said the u. S. Has to look itself in the mirror. To your point about consolatory to
A lot of this really on the back of intel. A lot of investors got that wrong. Intel up 7 after guiding investors higher. A lot of Companies Giving positive guidance. Mohawk, charter, liberty. Weve seen all of these names really push investors, and say 20 20 is going to be a lot better than you thought. However, people are still staying defensive, Still Holding around that 1. 78 level on the tenure. Level on the tenure. Guy in europe, struggling to make headway. The stoxx 600 still cant get through the 400 mark. We are absolutely flat. Some stocks having a great day. Great gucci numbers coming through. Anheuserbusch really suffering. And are suffering in china the united states. The pound is down by around 0. 1 . We will talk about that at a moment. The ruble also on the move today. The governor cutting by 50 basis points, a bit of a surprise when it came to the size of that cut, and hints that we are going to see more to come as well at governor tries to help turn the russian economy a
Elizabeth warren, its recession. Carol and 2020 will bring about the great antitrust reawakening. The question is not whether to break up companies but how the laws are enforced. Kailey much more ahead. We begin with joel weber. Start of a new decade, what are the big things we needed to be watching . You hit a couple. Recession is one thing everyone is wary of. It has implications not just for the Trump Presidency but for the Global Economy as a whole. We give a survey of the World Outlook as a whole. 2 growth is what has been a projected but theres always a chance of it being revised downward. It comes down to the u. S. Consumer. In many ways, the Global Economy is on the back of the u. S. Consumer. Carol from the economy to elections. And the u. S. Is not the only place where there will be elections. That is an expected story. We can say elections, thats going to be a choppy sea. One more interesting place that will take up bandwidth is the antitrust conversation. This will dominate
As 2015 . Probably not. Numbers are going to be weak through the balance of the year. You may see some signs of bottoming out. If we see pmis in decline maybe there are some downsides. This will continue to decelerate into the First Quarter. Maybe we get good news from a trade deal out of china or out of brexit. Maybe that leads to a shortterm pop in yields. We should see growth improving by the First Quarter of next year. This could be the bottom. It might get better. Is colin joining me robertson, kathy, and jim kate in the blackrock. Kathy, have we seen the worst of it . Kathy it looks like the worst is over but it does not look like it gets much better for here from here. We are cheering on the fact that it is not continuing to decline at a fairly rapid rate. We get a trade deal, we have some lag from the easing from china and other Central Banks. Is over butrst certainly Going Forward it is not going to be strong. Jim the data is going to be mixed. There are components of the mark
After the bell tesla is not only stock revving up Group One Auto soaring to record highs. After its Earnings Report, the ceo will be here to break down whats driving profits later, the wework water cooler tensions are high for employees with thousands of layoffs. Many might be heading for the exits with empty pockets weve got the details on that as power lunch starts right now welcome. A mixed bag we got for markets thanks to earnings the dow is in the red. The nasdaq is the only one that is higher right now by just about half a percent lets look at what is driving. The dow held by back 3m. Vice president mike pence with some harsh words for china and for some of the companies doing business there kelly, it was a highly anticipated speech after being twice delayed due to development o s on trade it was hawkish speech. The u. S. Maintains an adversarial view of china and its economy and actions oversaes ev even though washington wants to keep engaging. America is reachi ining out hand t