Point gain in the dow jones industrials, which puts that not too far away from record territory. We can do that like this in this kind of market. Blake burman at the white house to sort out rumors, everything here. Bottom line, markets propelled own the belief, were closer to something, setting a framework for something. I give it to you. Reporter neil, this is one of those days where you have to separate, put in one bin, what weigh know. You have to separate, put in the other bin, what is out there being reported in the trade spaces, maybe potentially a possibility. Lets start with what we know, which is the act of goodwill, as it has been seen by china and what the u. S. Is describing it as, delaying tariffs increase from october 1st, to october 15th and apparently an ag buy from china, will come with it as well. This is what a spokesperson for the Commerce Ministry said today. Quote we welcome the goodwill by the u. S. So far as i know Chinese Companies have begun to make inquiries
You have to get peoples attention when youre selling a product that melts so i always burst through the gate with a robust war cry, whos next for ice cream . I bring this up because when President Trump unilaterally decided to hit mexico with a big tariff for ten days, make them close the border, all i could think was, whos next for ice cream . Thats why the market got pole axed today whos next for punishment with the dow plunging, s p plummeting, and the nasdaq nose divi diving whos next for tariffs as someone whos generally been supportive of the president s hard line position against china, i feel like i need to draw a line in the sand here if you want a Strong Economy and higher stock prices which is what i favor the last thing you need is a president who bursts through twitter saying, whos next for punishment. I think theres a time and a place for tariffs. Ive been critical of our nations trade policy for ages, for all the time ive been on cnbc, for all these years, our old policy
Heat from both sides, including the one he is trying to court break out the wine and chocolate ice cream, they may benefit your health after all. It is wednesday, june 5th. Fbn a. M. Starts right now. Cheryl here is how your money is moving at 5 00 a. M. Hopes of a fed rate cut, maybe two, jolting the market yesterday. The buying continues today. The dow up more taken 500 points yesterday. Right now, the dow up 71. The s p and the nasdaq are substantially higher in the premarket. We are keeping a close eye as always on the 10 year right now. Its been a flight to safety of bonds over the last few sessions, really globally. The yield is at 2. 13 , thats a lot of 7 basis points. Were keeping a close eye on europe as theresa may winds her final week down as the leader of her party while the country looks for the next Prime Minister and a possible trade deal with the United States. All european markets are higher. Were watching for new news on progress between china and the United States wh
Without. So, wow is there for our customers, with speed, reliability, value and choice. Now, more than ever, it starts with great internet. Wow. Wow supports cspan as a Public Service, along with these other televisn a front row seat to democracy. The u. S. Senate is a■s■put t gavel in. Today lawmakers will work on a government funding measure passed by the house with the first of two shutdown deadlines tomorrow at midnight. Yesterday majority leader schumer filed closure on the first package and americans who with cancer, exposed to nuclear radiat luthe morgantown, West Virginia, will open the senate in prayer. The guest chaplain i invite you to pray with me. Creator god, from the beginning you have brought order from chaos. And in your wise compassion, you Order Society by calling people into vocations, masks of god, d; which through others your work is done. We pray your blessing upon our senate this day, and especially upon the many you have called to live out their vocation wi
Policy plans for Small Business after she called a charm for his Business Practices in Atlantic City. Another Fatal Police Shooting to report. Protests growing after a man was shot during a traffic stop in minnesota with a oneman child in the vehicle. Latest developments coming out. Half a million hoverboards. Companies polling devices out of stores. More competition in the auto industry. Alibaba and done a smart car. Mark is this morning looking as fighting for games. The Dow Jones Industrial average expected to open up a fraction. Later this morning we would get the latest on john did the adp report for the private Sector Employment out ahead of tomorrows jobs report for the month of june. Markets are higher across the board. The british pound bouncing back from the 31 year low giving some support for equities. In asia overnight, next action. The shanghai composite flat on the day world it edged down better than half of 1 . The hang seng and the cost be rising as you can see better t