A new survey shows just how much is the impact of u. S. Investment in china it may surprise you. And a moment of silence as the world remembers what happened on this fateful day 18 years ago, wednesday september 11, 2019 Worldwide Exchange begins right now. Good morning, a live shot of Downtown Manhattan as we remember this day 18 years ago it is quiet now. A lot of activity expected later today. The New York Stock Exchange and nasdaq will hold a moment of silence. Stock futures indicating the dow will be just about flat at the open blue chips are trying for a sixday winning streak the dow jones opened up about two points if these gains hold the s p down about two points and nasdaq as well breaking news on the u. S. china trade war. China announcing exemptions for 16 u. S. Products a sign of possible cooling of tensions the exemptions apply to goods from u. S. Cancer drugs and seed. Showing u. S. Direct investment into china is slowing down at a just growing clip slightly there. Watchi
Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a framework. Now with these comments, seems like indicating a higher open, thats all that investors care about. Business owners are thinking how will i adjust to this, whats coming. Any bright spot, green on the screens, there we go. Dagen exactly. Also this morning, American Enterprise institute u. S. Research strategy in asia, he heads it, zach cooper on china trade. Roger williams is here to talk tariffs and trade. Former u. S. Secretary of commerce, former kellogg ceo, Carlos Gutierrez on the g7 su
It is seen as a trade war olive branch. American farmers remain under pressure. Bid from thees a hong Kong Exchange. Lawmakers are concerned about potential National Security questions. Shery lets get you started with a quick check on how markets closed. We saw the s p 500 gain ground and close above that 3000 level for the first time in six weeks. We had Health Care Stocks and tech leading the gains. Interesting, the nasdaq finishing at the highest level since july, rising for the first time in four sessions. Into valuee rotation stocks. They subside a little bit. The u. S. Futures unchanged, but lets see how we are setting up for asia. Sophie south korea closed until monday. We are seeing futures knowledge higher nudge higher. The nzx 50 treading water. Euro, it isthe little changed after briefly theing below that ahead of ecb meeting which bank of America Merrill lynch is calling the most unpredictable of the past five years. In asia, switching the board, the highlight will be malay
President trump. The Investment Committee is ready to go. The Halftime Report starts right now. Welcome. Good to have you with us on this tuesday. Our Investment Committee at the table. Joe t lets begin with stocks. Under pressure as you know new tariffs in place you had that weak reading on manufacturing, investors are on edge you have the worst month for stocks historically. You have to deal with new tariffs, the economy, risks are starting to stack up against the stock market yeah. This is not a great team as you mentioned, but if were dealing with trade its painful every day. The bigger question is are we headed for recession or just headed for Slower Growth i think we are just headed for Slower Growth. Something like 2 , maybe a bit less gdp growth. Yes, jobs have been strong wages good, consumption on friday, youre running at almost a 3 annualized growth rate on top of last quarter that was 4. 7 consumption growth. The consumer is still okay and its the bulk of the growth of the
The moves weve seen markets everywhere were rattled by this news look at the treasury market. The tepyenyear went all the w down to 1. 89 . This morning the yield is lower, 1. 847 this is happening as you look at yields rolling back to levels we have not seen since november of 2016 the 30year is yielding 2. 377 the twoyear is at 1. 70 the five year at 1. 648 overnight in asia, stock theres took it hard you will see that the nikkei was down 2. 1 . The hang sens off by 2. 35 the shanghai was down by 1. 4 . In europe this morning, there are red arrows there as well with significant losses. The cac is down by 2. 75 the dax is off by 2. 6 the ftse off by 1. 9 so around the world all of this, people are watching closely to see what this means for the economy. Maybe no better market to see that in than the move in crude oil prices yesterday wti was off by more than 4. A decline of 7. 9 . Thats the worst single day performance since february of 2015 concerns about what this all will mean for t