For sirera iara eisen. What recession a better than expected jobs report started the morning with an optimistic tone china says it has reached a consensus with the u. S. In this weeks trade talks and exxon ticking higher along with industrials and financials. And in just a few minutes, the actor who plays logan roy on hbos secession will join us on the cutthroat world of media competition. Hes going to be right here at post 9 joining us for the hour is kara fineman. Here we are sitting basically at the highs of the session i found it really interesting that yesterday the markets got pretty derailed by worries that the trade talks werent going so well today we have an agreement of principle and we really didnt move so much we have that other data out today, so its hard to really parse what to me, this kind of day seemed pretty goldilocks. You had a really good jobs number in the morning, right you had progress on china. Although ive got to say, im skeptical on every update that we get a
Barisma. Officials to crack down on curfews as city struggles with unrest. Weve got the very latest, mornings with maria begins right now. Joining the conversation dagen mcdowell, columnist for the hill and liz peek and real clear politics, great to see everybody here this morning. [laughter] dagen go. Maria pretty good firmer tone this morning for future after 2 days of having losses, dow, s p 500, nasdaq seeing steepest 2day decline since august and the day before, trading growth concerns weigh on investors, i just want to point out that i know manufacturing is a major issue here in terms of the weakening, lets not underestimate the power of boeing and tollback and production of the jet, the max yet because of its issues in terms of its influence on the manufacturing slowdown, so i just dont want i mean, i look at these numbers, i see the manufacturing is slowing, i get that, but boeing was a big part of that. Im sorry . And gm strike. Thats also had an impact on this. Maria i spoke
S p up by 3 and the nasdaq up by 13 in germany, they are closed for a National Holiday the ftse is down about a third of a percentage point. Youll see this morning, the 10year is yielding 1. 582 the twoyear down 1. 47 . Breaking news. Taking place overnight lamb indicating a new plan that will invoke a power law. The city will ban masks protesters have used to protect themselves from tear gas or to hide their identities. All of this happening within the last several hours pepsi co coming in better than expected. Revenue coming in up organic Revenue Growth and pepsico expects to meet or exceed Revenue Growth. It looks like better than expected across the board. Some of these have such nice multiples. They keep doing it in manufacturing and other areas. Dont want it to be like days of general electric. Remember when coke was 40 or 50 times . Pepsi is trading at 4. 85 times. Price to earnings ratio of four times. Thinking about your story there about the masks. Well have a guest on later
Sector, that is a slowdown. One hour from now, well know. Watch that market. Right about the same time, the president will begin his trip to florida, where he will make a speech, i think the title ought to be protecting health care from socialist disruption. Its probably not called that but im making free rein here. Usually when the president leaves the white house, he speaks to reporters. He may address the economy. Whatever he says, youll hear it and it will probably move the markets. Theres news on the president ial campaign. Bernie sanders is recovering from heart surgery and has canceled Campaign Events until further notice. Obviously, there are questions about a 78yearold facing another year of grueling campaigning. Joe biden is taking a hit in the latest polls from his son Hunter Bidens business dealings in ukraine and china. Heres my opinion. Its now Elizabeth Warrens nomination to lose. Heres another opinion. That should worry wall street and it should really worry moderate de
China, which has chinese stocks bouncing today weve also got another big announcement as well dont miss the debut of a new segment here on closing bell today. The market zone is coming up into and after the close well bring you the stocks and stories every investor needs to know and it will look a little different as well. Joining us for the hour is mark tepper from Strategic Wealth partners mark, thanks for being here. Thanks for having me. Looking at the dow today, were up 154 points. The s p is also hovering right around 2980, it looks like a decent last day for the month of september as we head into these final three months of the year, what are you watching the most closely . I think the biggest catalyst right now is a potential trade deal all eyes are looking on this meeting next week between the u. S. And china, because if you think about it, its really, really difficult for ceos of publicly traded companies to execute on their growth plans if they have no visibility as to what