Sort of impact on a lot of things, the 2020 race, how will this diagnosis reflect his election chances and the dow is in the red by only 18point, we were positive slightly a few moments for the dow, s p, nasdaq have been read all day but way off of session lows for all three of the markets, nasdaq, the biggest loss is tech stock which is the profit stock of the year, they beginning the most hits and we will get into that later on in the show. We will also talk to former white house medical director doctor william laying he cared for george w. Bush and bill clinton, he will tell us how the white house will handle the medical shocker Going Forward, all of this, a backdrop to the jobs report before the election, the last one we will get before november 3, the economic recovery workforce is slowing down and we will talk about it with the top economist mohammed of ali on who is hear from a deep dive on the september jobs report, we continue our weeklong look of innovation with intel ceo bob
The day when the dow was down more than 300 points the russell 2000 fairing the worst. Lets go to bob at the New York Stock Exchange remember all this optimism on friday the jobs report helped dispel some of the concerns about recession. Dispel didnt get rid of them. The market started expecting some positive news on trade. We have an escalation of the trade war and thats pressure with the usual names the problem is the markets increasingly coming to believe that a trade deal even an 80 trade deal may be unlikely this year thats a big problem it means potentially lower growth in 2020 it means flat to lower Interest Rates. It means flat to lower oil and it continue emphasize on owning the defensive sectors. Those utilities, those Consumer Staples that have been so much a stand out theis year and so expensive. They are the stand out sectors this year. This narrative means stocks are expensive right now. Number one the Fourth Quarter guidance, if this uncertainty continues is not going to
China signals a broad u. S. Trade deal is off the table. Talks pick up thursday in washington. Hsbc cuts deeper. Another 10,000 jobs will go at the bank. European operations are said to be the hardest hit. Activists in hong kong call for more protests today as the city recovers from one of its most violent weekends yet. Good morning. Matt good morning. Less than a halfhour from the start of european trading, looking at the futures, sorry, the 10 year yield to start off the week. This is a threeday chart. You can see thursday and friday there. We came down a bit on thursday, but we have not moved down much further today. We dont really have a great clue as to the direction equities are going to take at the open in just about 30 minutes time. Take a look at the futures trade. Thats also mixed this morning. 0. 2 . Dax futures gaining cac and ftse futures down this morning. U. S. Futures are also falling, and more seriously across the board. Daye it could be a risk off after markets starte
The Campaign Just released the fund raising numbers and its not looking good. We break it down as President Trump calls on china to investigate the bidens. Cheryl the highly anticipated and controversial movie joker will hit the big screen today. Its no laughing matter. Theaters you across the country are on high alert. Is it worth all the hype . Well, it is friday, its octobe. Fbn a. M. Starts right now. Since he found out. Since he found out. Anything could happen. Anything could happen. Anything could happen. Anything could happen. Cheryl and we are happening here, its friday, welcome to fbn a. M. Good morning, everybody. Im cheryl casone. Lauren we certainly are. Im lauren simonetti. Happy friday. Cheryl lets take a look at how your money is moving this morning after yesterdays triple digit swing for the markets. We do have red arrows this morning. The dow down 59, s p down 7 and three quarters, nasdaq down 16 andahalf. The september jobs report could change everything before the m
Of apple power lunch starts right now welcome to power lunch. The green bouncing back. The major averages on track to end the week down about a percentage point check out shares of apple jumps on that production report. The stock is up more than 3 climbing back for the all time high of 232. 35 which it exactly one year ago today well have much more on apple a little later on. Expectations for a rate cut or two this year are on the rise this week. Federal reserve chair Jerome Powell spoke at a fed listen event. Lets get to steve who joins us from boston with the headlines kelly, the fed chairman speaking right now at one of those events with the fed taking up public commentary he is noting that the Unemployment Rate is near a half a century low which is what i would have said if the chairman hadnt said it he said inflation is running below the 2 objective its caused the economy in a good place which is the praise a lot of fed folks have used it does face some risk including low growth a