It right here live. And we are looking for more market records today. The dow and s p and the nasdaq, all expected to make records. It was a year ago today that the market was in freefall. Remember that . It was about 6,000 points lower on the dow. That is very much not the case today. Varney company is about to begin. David and there is news overseas. We are watching hong kong this morning. Monthslong protests are flaring up once again. Riot police fired tear gas at protesters this morning. We are going to be monitoring this throughout the morning right here. But lets focus on some positive news at home. A brand new sales record, Super Saturday sales hit 34. 4 billion, the biggest single day of retail sales in u. S. History. The figures coming from Customer Growth partners. Joining us is retail watcher michael zacore. Ive got to think this is all about the economy. We have fatter wallets because people are making more. Weve had increase in wages and we have jobs galore. Is that why pe
Squad, 2020 hopeful Elizabeth Warren vocalizing her support for the pop singers battle with former record label, swift has been cleared to perform older music at the American Music awards, thats this sunday but warren has used the bad blood to slam all private equity firms, lets go straight to grady who has been all over the story for us, grady. Hey, david, you took all my taylor swift song intros there. It was sold earlier this year the Carlisle Group, senator Elizabeth Warren apparently is with swift chiming in on this, taylor swifts work is being threatened by privateequity firm, they are costing jobs and crushing entire industries and says its time to rein them in. Alexandria ocasiocortez chiming in as well, predatory practices actively hurt millions of americans, leverage buyouts have destroyed the lives of retail workers across the country scrapping 1 plus million jobs, in this case the private equity firm involved the Carlisle Group isnt commenting but worth noting the data from
Around concern over his efforts to get ukraine to investigate his political rival in sport jos a marine who has been named the new manager of the English Premier League side tottenham the former majesty an arcade boss appointed 12 hours after the club sacked moret to report to tina. China has summoned a u. S. Diplomat after the Senate Passed a bill to support human rights in hong kong it comes after months of protests if the legislation becomes law top officials from the territory could be sanctioned by the u. S. In future in hong kong a standoff between police and protesters on the campus shows no sign of ending of his era sara clock reports. In a city rocked by violence and months of protests everyday life is carrying on. Primary and secondary schools have resumed classes after being closed for more than a week. Some major roads have also reopened but traffic is still congested and some raw lines remain blocked at Polytechnic University in Central California up to 100 protesters are
This is the position we find ourselves in. Looking at futures contracts for the s p, those are indicating just about a flat picture. We did have records once again for the major benchmark indices on wall street that should have been given is more of an uplift to the tail end. It is just up fractionally in the msci all country world index , which means we are just about 1 away from a record when it comes to global stocks. This is what we have just at the moment. Just appreciating just a little bit despite the horrible production. The fact that the rba is paused for now with regard to Interest Rates and a ruling out a move toward quantitative easing for the time being, just playing in the yield, just in three basis points. Ok. With that in mind, lets find out what else is happening. Lets get to the first word news. Thank you. We are going to start with the white house. A budget official in the Trump Administration says he warned his superiors that a hold on security aid for ukraine could
Around 6 months ago show no signs of dying down a days long standoff at Hong Kong Polytechnic University has led the u. S. Senate to pass a bill aimed at censuring beijing the new hong kong human rights bill has infuriated china which accuses the u. S. Of ignoring protests or violence neither sites looks like backing down so how will this ends i will be speaking with our guest shortly but 1st sarah clarke reports on the standoff between police and students who are refusing to leave a university campus. In a city rocked by violence and months of protests everyday life is carrying on. Primary and secondary schools have resumed classes after being closed for more than a week some major roads have also reopened but traffic is still congested and some raw lines remain blocked at Polytechnic University in Central California up to 100 protesters are refusing to leave. Riot police have surrounded the campus ready to bike arrests if any demonstrators try to skype. All. Of this. On tuesday aroun