John deere a bellwether for the agriculture and farming industry missed earnings and lowered guidance on friday due to the high degree of uncertainty around the u. S. Trade war with china Equipment Sales at the manufacturer declined 3 percent compared with the same last quarter fell in many men machinery manufacturer caterpillar also mr earnings and revenue estimates last month and cited farmers disappointment and postponement of major equipment purchases this data falls in line with previous reports of a slowdown in capacity as businesses tighten spending as trade war head winds intensify retail sales in the u. S. Were decent for the month of july as it increased by point 7 percent in july versus a cement point 3 percent the study pace of Consumer Spending is somewhat we assure and of the healthy labor market and the Unemployment Rate however keep in mind that these tend to be lagging indicators recessions have always followed through an all time low Unemployment Rate. And here now to
Region. Where mark mobius is putting his money. In stocks, and by the way, gold. Think about it. If you are not getting anything in the bank at these low rates, it makes sense to have gold in your portfolio. Anna missing out on the everything rally. Boil weakens and iron ore slumps as much as 4 in singapore amid supply concerns. Watch miners at the start of european trade. We are less than half an hour from the start. Welcome to the market open. We are without the u. S. Today, independence today. Lets look at where futures put markets on european trade. Lackluster in comparison to stateside yesterday but we joined in with some of the rally in europe yesterday. Cac futures, ftse futures, dax in the green but not by much. Be aware of low volume. Happens with lowvolume. In the Asian Session on the bloomberg, giving us a picture on the gmm function. Volume pretty low, investors thinking about the record highs we have seen on stocks in the united dates. Also thinking about the b readth of t
Applause i also signed the most significant gun safety law in most 30 years. I had to fight to get that done, convicted domestic abusers cannot own a weapon. In addition to that we finally got it passed. 0ur own a weapon. In addition to that we finally got it passed. Our children can learn to read and write not learn to Duck And Cover in school. Seriously, think about that. In the year 2024 were learning hearing about children learning to Duck And Cover. I will not stop until a ban assault weapons. Ice cover. I will not stop until a ban assault weapons. Cover. I will not stop until a ban assault weapons. Joe biden at the womens history assault weapons. Joe biden at the womens history reception assault weapons. Joe biden at the womens history reception at assault weapons. Joe biden at the womens history reception at thel womens history reception at the white house. We will continue to monitor that because we have heard in the last hour he has had a Phone Conversation with Benjamin Netan
This year for june. The market looking for confirmation of that and sentiment stateside could be key. As we look at the overall picture, we are down. 40 . We are strong with the heat map bringing on the green early on. We are seeing oil and gas at the top and autos at the bottom. One lone sector with porsche right at the pbottom of the bac of numbers. Telcos and utilities and under performers today. Real estate is an under performer as well. The chemicals basket is up. 50 . Household goods up over. 50 . The banks with hsbc up 1. 5 . We have Technology Names up by. 60 today. Travel and leisure is improving. Basic resources is a top performer. Oil and gas with the bounce up 1. 7 . The ftse 100 is 7,731. The addition of 60 p0 points ascertain us above 7,700. The French Market is above the 8,000 point level. Settling in above 8,000. The other main boards from the smi to the italian market up. 30 . Little more appetite on the stocks from spain today with the ibex at. 40 . Strong signals cre
i m charles payne in for neil cavuto. this is your world to peter doocy on how the white house is dealing with this. peter? communist china still wants taiwan to be part of communist china. that means speaker pelosi s words on the ground have upset them. in terms of governance, we command taiwan for being one of the freest societies in the world. well, the chinese official is writing the u.s. must pay the price for its own mistake and we mean what we say. that has g-7 leaders now saying we re concerned by recent and announced threatening actions by the prc, particularly live fire exercises and economic coercion, which risks unnecessary escalation. even though speaker pelosi s time is done in taiwan and republican leaders have said she was smart to go, the white house won t say what they think of the trip one way or the other. you think it was good that she went? here s the thing. what we re saying is that we cannot dictate and we will not dictate where members of