The list and flat screen televisions this will take pressure off retailers ahead of the Christmas Holiday season still other product that will get hit. Only a little pressure. Because in the breakdown that some conducted for the items hit with tariffs on september 1st versus december 15th there are still tens of billions of dollars of foot wear and apparel categories that will be included in september 1st you have Musical Instruments, sporting goods, and a lot of food items that will be hit on september 1st. Musical instruments, is that a big market in the United States chinese made Musical Instruments . I dont know im happy that today youre serious today. It is a big show it is a big show. It is a big show every day thats the part that bothers me sometimes it is not. You say it is. Other times he says i will be honest with you. Im like really . Thats nice. In this one vignette you will be honest youre not always maybe honest but you say its a big show every day. You have backish today
Radar headwind weighing on the banks. Were going to talk about that. Both sides of that issue coming up. Plus, unfortunately in venezuela latting continues as they grapple with Food Shortages and an economy that is definitely in crisis and the president is in exile here in the u. S. The director taking a direct swipe at jack dorsey. Well tell you exactly what he said. Lets start with the comeback in stocks today. Bob pisani with the latest. Bob . Its been an interesting day. To a certain extent were become smacked around by brexit concerns and particularly on the currency markets. Take a look at what happened just about the time of the european close at 11 30. The dollar weakened. The euro strengthened as well. It happened when we heard about the tragic death of the mp over there, joe cox. We saw knockons as a result of that. We saw a modest lift during that time and weve just turned positive for the day. The dollar weakness had a very important effect. It stabilized oil. Oil had an ug
For many markets. The dax is up 1. 24. France is you will over a 1 so is the ftsi. And crude oil rising for the first time in seven days. Wti up by 66 cents. And also look at currencies. The pound making a sharp comeback this morning after tumbling to a more than two month low. Both the uk referendum campaigns have been suspended after the killing of jo cox. Gonna show the currencies because problem with the goes back to 1. 43 in watching it. The betting market, didnt get up to 70. Now i think the betting market was the pound. That might be a better indication of whats happening. Right. The one market thats really kind of got its finger on the pulse. Im sure the betting market obviously it is not as big as the foreign currency market or the pound. 1. 42. And then we didnt show gold. Gold is gold is going down. Gold is going down. After seven straight days. Now you are ready. No im not. It was down like 8, 10 or something. But its on a roll. Down 11. 11. Long way to go. In the meantime.
Committee, john brennan was brutal in his assessment of the terror group. Flatout saying isis will send operatives to the west to pull off more attacks. The directors testimony likely music to Donald Trumps ears. Music in the way what we mean by that is that the billionaire businessman has been beating the drum on protecting the home front as he tells gop leaders to get in line or quote shut your mouths. He said that to gop leaders. Hillary clinton getting a major endorsement from organized labor. Former democratic senator evan bayh and republican George Lemieux who ripped donald trump saying his campaign is about to implode on how todays vote will tip the balance, red or blue. A major shift in the possibility of any rate hike this year . Do you see the markets moving higher . Take a look. The dow jumping 62 point. Less than an hour to the closing bell. Ill tell you why as we start the countdown. Breaking news, we have a roller coaster in high speed, reverse, the dow is up 61 points, y