Next for oil stocks kiging off in the red theres more than 750 cases 5 750,000, i beg your par doon well talk about that and more as we kick off this hour we kick it off with the markets in terms of Stocks Holding steady as energy is in a free fall. Its the story of the day. It will be the story of this hour lets get to bob with the set up for these markets. Bob. The important thing is we are well off of the lows. Industrials weak Consumer Staples are weak. Were not getting any bounce at all from those defensive plays that done so well for us in the last several weeks like proctor, cocacola. Not much energy there today. One good piece of news, the banks after a rather rough week, the etf bouncing about 6 from its high to low. The key regional banks are trading up most of them were trading to the down side. Finally, just on oil, had a lot of inquiries about uso and all these oil efts want to remind every one they own oil futures. Either the front month in the case of uso they tend to ro
More details emerge about the antitrust probe into facebook, looking squarely at the social networks buys. And cloud wars. A new u. S. Defense secretary, mark esper, says he will review the pentagons 10 billion cloud contract and concerns it is getting an unfair advantage. This following President Trumps concerns. But first to our top story. President trump up ripley escalated his trade war with china thursday, tweeting during the talks, the u. S. Will start on super one, putting a small additional tariff of 10 on the remaining 300 billion of goods and products coming from china into our country. This does not include the 250 billion dollars already terrorist at 25 . This after failing to come to an agreement in recent talks in shanghai. Tech stocks including apple plunged on the news. Included tech goods including most of apples major products. Earlier, asked about if he is concerned about the reaction. Listens to what he had to say. Im not concerned at all. People are not understandi
Market stampedes to the bond market. Huawei may be collateral damage. We hear from the companys chief market officer. Sophie Financial Markets taken for a ride on produced terror threats on top of reduced trade when it came to manufacturing pmi. 2 from gains the losses. Check out the dow weighed by. Tocks like nike u. S. Futures hinting at further losses earlier in the asia session. Switching the board to check in on treasuries, rally across the curve sending 10year yields not seen since investors are as boosting their fed easing bets. Of thatd a strength string of we get Economic Data yesterday with japan and south korea pmi in that contractionary territory. An addition, we had news out of hong kong that retail sales had its fifth straight monthly decline. Were also awaiting another slew of earnings from asia. Want to check on the yen here after that trade news. Trump tweets announcing a new 10 tariff on 300 billion in chinese imports, not yet an effect. He goes into effect on january
Africa. The quiet melody resounds Michael White of the mood. Ready and it soon repeat reasoning when its on. The mind and the music. Being told in 1st bond 2019 from september 6th to september 29th. This is growth across africa in danger as the trade conflict between china and the us seems to show no sign of being resolved economists warn that many african countries are vulnerable especially the chinese economy is hit. The e. U. Is creating a free trade zone the south americas markets are nations opposition is already growing. The state of california becomes the 1st in the u. S. To rule companies cannot tell the africanamerican employees how to wear the hat. This is business africa. As well. Economic indicators show many african nations on a good path growth is still solid across many parts of the continent investment from abroad is riding rising while according to new u. N. Figures the trade war between the 2 biggest economies in the world is also reverberating through many african ec
A pilot she says anything no matter how dangerous. Are going up. As an astronaut she took part in the greatest adventure in history. Armstrong was his destiny starts july 20th on t. W. This is growth across africa in danger as the trade conflict between china and the us seems to show no sign of being resolved economists warn that many african countries are vulnerable especially in the chinese economy is hit. In the u. S. Creating a free trade zone with south americas marcus a nations opposition is already growing. And the state of california becomes the 1st in the u. S. To rule companies cannot tell the africanamerican employees how to wear the hat. Is business africa. As well. Economic indicators show many african nations on a good path growth is still solid across many parts of the continent investment from abroad is riding rising robert according to a new un figures but the trade war between the 2 biggest economies in the world is also reverberating through many african economies an