Universal suffrage. They said carrie lams retreat was too little too late. Shery we have coverage throughout daybreak of these developing political stories. Sebastian is following the brexit saga in london and what is next for Boris Johnsons plan to leave the u. K. Out of the eu following defeat in parliament. First, lets get you started with a quick check of how markets closed the wednesday session in the u. S. It was all about geopolitics. Less risk in hong kong and the u. K. Nasdaq bothand gaining. Tech shares rebounded leading gains. They were the biggest losers in yesterdays session. Energy sectorhe being a big gainer as crude prices rallied above 56 a barrel. Fed speak asof well today. The fed president of new york down in minneapolis as well as many others talking about the fed action in september. A little bit of divergent views. We will try to explain what all of that means for the markets later on in the show. For now, you have futures not doing much. Lets see how we are sett
Ahead to the last of chinas big angst to publish results. Two years after taking the wheel, ubers Dara Khosrowshahi rates his performance so far. We have an exclusive interview. Kathleen all it takes is a little trade war optimism to carry us over the stock market. Look what happened stocks closing higher across the board in the u. S. Today. The s p 500 approaching a threeweek high. Not a big market, but still a move in the right direction for most people. The dow gaining 1. 25 . , wasasdaq, of course, tech really helped by this optimism on trade. Take industrials led the way. Ech industrials led the way 10 of 11 sectors closed higher today. The only one that did not was staples. The answer could be that when the trade war showed signs of moving forward, especially after Chinese Government official who spoke to the Commerce Department said were not opens are now about putting more tariffs on the u. S. And retaliating, lets Start Talking about taking the tariffs off, that is what got th
First half. Is ticking asck london and brussels plan new talks. They can still block a new deal divorce. Kathleen breaking news on south korea Industrial Production. I was talking about whether or not the bank of korea might cut their key rate and a couple of hours. The pricing jump, up 2. 6 . Up more than forecast at 0. 5 . That is what was expected. In terms of the monthly number, lets move on to the yearoveryear number. Up 0. 6 . A big improvement over 2. 9 . That has been revised a little bit higher, 2. 6. Very good news for south korean Industrial Production, closely linked to manufacturing, closely linked to the trade war. We will get more details on that and get more on that later. Beijing for ato look at the asian markets. There has been a lot of volatility this month but it looks like on the last day, we are seeing cautious optimism. More green across the board. For the nikkei. Positive numbers out of korea so that will help bolster when the markets open, up almost 1 . 5 thise
Is looking like its biggest handicap. Going global. Worldwideplans a expansion. Shery lets get a quick check of how the markets closed in the u. S. We saw a stock rally with the dow gaining 270 points, while the s p 500 was higher by 1. 1 . We had already seen stocks higher since the morning session after President Trump said the prophets for a deal were better chinaw anytime talks with began last year. The positive sentiment on trade was spurred higher with the presser from president s macron and trump in the afternoon where we heard them both be positive on trade but also potentially no auto tariffs on japan. Not to mention a sit down with iran. We saw the stocks on the s p 500 and the green. Lets be mindful that volume was pretty thin. About 20 below the average at this point. U. S. Futures at the moment unchanged, but this as concerns are still out there on perhaps a recession hitting the u. S. We continue to see the yield curve inversion deeper into negative territory. Paul . Paul
Long wetlands on china, is starting to look like its biggest handicap. Going global. We hear exclusively as the Company Lands a worldwide expansion drive. Look atts have a quick how markets closed. 500 closing near session highs. Every sector was in the green. Communication and tech stocks leading the gains. The nasdaq was higher by 1. 3 while the dow gained 270 points. We had more positive sentiment when it came to trade both in the u. S. China front but also in the u. S. Japan front. President trump opened the door for a potential sit down with the iranian president. Thin. S were u. S. Futures at the moment not doing much. Lets see how we are setting up asia. Selena nursing mark green across the board. We are thinking we stocks trading almost at. 8 . Whipsawed by being the backandforth escalations of the trade war. There are fears of a global recession on the rise and rising protectionism in the calendar. Investors seem somewhat the ebullient again. Oil futures with changing rhetoric