Up acronym for not as bad as fear while it seems to gain on the surface, the nasdaq rising 0. 40 , underneath there were some bewildering moves that remind us the market doesnt always behave the way we expect it to. In particular, a bunch of stocks rallied today, even though they reported what looked like simply awful numbers. If youre befuddled, you have come to the right place. How does the stock end up going higher in the wake of a seemingly ugly quarter, its all about my buddy, pal, friend nabaf. Let me show you how it works we start with the railroads. The railroads are the best example. All aboard this Morning Union pacific reported by what even by its own admission was a disappointing quarter. [ crying ] their sales were weaker across every single cargo line. Unreasonable downtown 20 . Premium, that includes the position down 9 , ag off 1 . Industrial down 1 the cause of this weakness some cargos have been troubled for a long time, like coal but most of them are just plain econo
The u. S. Brokered cease fire body in turkey and kurdish led forces in northeastern syria is due to end in less than 10 hours the Syrian Democratic forces have pulled out of some areas of the border but not everywhere agreed under the terms of the truce hes president and says hell decide the next steps up to speaking with russian leader Vladimir Putin but its threatening to restart the offensive hes expected to meet putin in sochi in the coming hours so im costello has more now from istanbul. Todays meeting in russian cities story is mostly going to be about how to normalize the situation in syria both turkeys present don and russias president Vladimir Putin will be discussing about this one of the items is the constitutional process in syria because they are still material iran turkey and russia have tried hard on to bring a Constitutional Committee for a political solution in syria which is going to be discussed in october 30 in Geneva Russia and turkey are eager to push up this cons
Those hyped players of the n. B. A. Zion williams that is set to miss the start of the new season plus spying allegations that the Rugby World Cup is in one spot an unwanted spectator at training out of their 70 final against news to. Tell hes president rushed up talk about iran has repeated his threat to restart the military operation against kurdish fighters in northeast and syria iran is heading to the russian port city of sochi where hell meet fatima prison the leaders are expected to discuss the tuckers ceasefire that was brokered by the United States which is due to expire in just a matter of hours the cut is Syrian Democratic forces have pulled out of some areas along the border but not everywhere agreed under the terms of the truce. Vladimir putin will discuss all the steps to be taken in order to maintain the territorial integrity of syria and to cleanse the northern parts of syria from terrorists and terrorist organizations we will also be revisiting the efforts made for draf
Phase one trade deal, there will still be challenges between the United States and china, even after that trade deal is complete. Maria mr. Secretary, we thank you for your time today. Of course, we are always giving you best wishes on your trip. Thank you so much. So long. Maria secretary of state mike pompeo. Over to stuart varney. Stuart good morning, mr. Secretary. Good morning, maria. Good morning, everyone. The debate. All right. My opinion. No clearcut winner, but senator warren emerged as the clearcut leader. She was attacked from all sides. They went after her because shes out front. Joe biden asked about his sons Business Activities said only that neither he nor hunter had done anything wrong. Bernie sanders came on strong after his heart attack. Yes, he did. Mayor pete and Amy Klobuchar asked warren pointed questions on paying for medicare for all, but did not get a straight answer. Tulsi gabbard was the lone voice suggesting democrats be careful with their impeachment drive
Seeing retraction around the country. Born out nationally and philadelphia and new york, chicago. We had a private payroll report that looked pretty good on the surface. It confirms what is a slowing trend. Something in excess of 200,000 private sector jobs on average being gained each month in the latest period. A little more 120, 130,000. The pace slowing there. This is the same week we had forever 21, a big clothing retailer, following on the heels of others looking at outright bankruptcy filing or closing some stores. The pace there running 40 of where it was a yeargo. None of this means the economy is in question. The fact that by and large the fundamentals as they like to say in washington are sound. President seizing on something stuart just did, this ongoing impeachment mess is adding another wrinkle of uncertainty to markets. The who the president prefers him staying in power, than him or anyone else, Elizabeth Warren included, taking that power. We have all of this going on.