The two year note at 1. 496 and then lets show you what is going on overnight in asia as i mentioned, these tariffs going into effect today, youre looking at a mixed picture there, the hang seng off just marginal the shanghai composite up just a little bit we are monitoring Hurricane Dorian and well take you live to the path of dorian in a few minutes but we want to talk about hong kong and whats going on there, the protests continue here lets get to chris with the latest theyre now in their 13th week in hong kong and this last one has already been the most violent over the weekend we saw battles between police and protestors who turned out to the streets by the tens of thousands. First very peacefully and then things got violent and some of them threw bricks and bars at Police Police responded with a volley of tear gas. A water cannon and something that we hadnt seen before putting blue dye in the water in order to identify protestors afterwards and things got uglier when he chased a
Needle for investors were going to talk about weworks embattled ipo plans and play the long game, thats the white houses message for wall street on china trade stocks pointed to a muted open today. Apple is set to unveil the latest new Iphone Models and other product updates today, features on the phones might include upgraded processors, new camera functionality, the event will take place at the headquarters in california, beginning at 1 00 p. M. Eastern time jim, talking about what else we might hear about, content, some shows rolling out in the coming days i think they have some exciting tv. I want to see trailers i think people are underestimating what they have been working on. I would love to hear more credit card i think that it is too early i do think anyone with the watch, the iterations are getting very exciting. The watch sales, youll hear incredible numbers, i believe. Service revenue very strong. Not sure exactly what to say about the 11, because they have been pretty clos
Plus, nordstrom and Dicks Sporting Goods both surging in the premarket as the Consumer Sector coming off what was its best day in nearly two weeks and teslas second largest shareholder suggesting elon musk should step down as ceo. We have details. Central bankers and economists from around the world are gathering at the kansas city feds annual symposium in Jackson Hole Investors bracing for tomorrows speech by fed chair powell among the president s repeated calls for additional rate cuts some big live interviews coming up today and tomorrow from the summit our Steve Liesman will have harker in about an hour. Hes got bullard tomorrow. But we know what the minutes did to odds of a 50basis point cut yesterday. Yeah, everyone is a little talking at different moments here you have the president saying things, the economy is fantastic, which is why we need to cut rates but now hes focused on germany. You have the fed focused on the data and a little more torn. The fed is clearly thinking abo
Thirdquarter Profit Guidance also a miss. Up in smoke. Jules defense of its marketing policy goes proof. The company is grilled by lawmakers in washington who say more teens are getting hooked. First to our top story, a tale of two earnings as amazon and alphabet report secondquarter results. Shares of the Parent Company jumping while amazon is heading in a different direction. Alphabet reported revenue that beat the highest estimates, calling concerns of slowing growth at the heart of the largest digital ad company. Sales in the cloud unit grew by 37 , but not enough to top estimates. Joining us to discuss you cover alphabet and amazon, so what is happening here . Alphabet was such a bad q1, that it was easy to step back from the disaster they had. They put a great number up. An additional 25 billion. This is one of the cheapest largecap tech names we cover. It was the worst sentiment going in of any techmeme we cover. It is definitely the least transParent Company, so given the q1 bl
Pricing a 40 chance of a cut. Will draghi he forced to move . Boris and the brexiteers. The u. K. Prime minister packs the cabinet with loyalists. With earnings season heating up, we talk to the ceos of unileve r, roche, astrazeneca and anglo american, all within the next hour. A busy morning. Matt very busy. Less than half an hour from the european open. As we waitat bunds for the ecb decision. Yesterday, down to a record low for the german 10year debt yield, at one point 40 basis points. Right now we are at 38. I believe the mliv question of the day is, how low can they go . We will talk about that today. How high can stocks go . Futures continue to rise across europe today. We have had a pretty decent run now. Cac futuresup 0. 5 , gaining 0. 9 and ftse futures bringing up the rear, only up 0. 3 . Maria roche raised its sales. Rowth view twosales company cites its treatments as main drivers. The company ceo said to investors that hes excited for the approval of new cancer treatments.