The allegations in a new height. Big news from millennials their obsession with avocado toast it is monday it is september 16th fbn am starts right now. Little beetles to start off monday morning everybody welcome to fbn am and good morning im cheryl casone. Happy monday good morning im lauren simonetti. I want to take a look a lot of breaking news overnight it is affecting your money this morning. We are seeing pressure in the futures market on middle east tension what is we with just mention that tao is down 111 s p down 14 nasdaq down 59 remember, though, the fed is meeting this week a very busy week or for markets folks. Paying a look at the yield on tern injury treasury back on friday down to 1. 8 this morning. Well that attack in saudi arabia sending price are of oil surging this morning the contract was up more than 15 last night. Havent seen that since may 21st right now up about 7 and a half last on crude 58 8. Brengt at one point it was up 20 in asia, i do want to point out t
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
The debate on a new deal divorce. Surged ning well discuss the outlook. Lets get started with a check of the markets close. U. S. Stocks finished near session highs. The s p 500 was up 7 10 of 1 . Every sector on the s p was in the green except for utilities. We have Energy Shares leading the gains. Stocky they u. S. Crude declined more than expected. The caveat volumes were low about 15 lower than average. The dollar at the moment Holding Steady after Steven Mnuchin said the u. S. Has no intention to intervene in the markets at the moment. Downfutures under pressure 2 10 of 1 . Lets see how we are setting up in asia. As you can see on the board, asia looks for a mixed open. Things are more muted than previous days. It looks like some gains may be reversing as it is open down. Markets are still waiting for the latest on the trade headlines and the unpredictable twists and turns. It looks that they are waiting for the september 1 deadline for the first round of staggered tariffs. To loo
Page. Boris johnson will suspend parliament next month to limit debate on a no deal divorce. Joining chinas internet leaders to discuss the future of Artificial Intelligence. This trip threatens to annoy President Trump. Marketset a check of and how they closed at the end of the u. S. Session. The dow adding 258. 12 s p 500 was down. 7 . Everyone was in the green except for utilities. Energy shares beating utilities. The u. S. For more than expected. The volatility was low. Not volatility, but volume. Trading was around 15 below average. And lets look at how we are setting up in asia. Nexta we are set for a open in asia. We are waiting for the latest on the trade headlines as investors are held captive. But we did get positive news that chinese negotiators are talks. D to come for it looks like nikkei futures will open a bit lower, down about. 1 right now. That is going to be reversing the gains of two Straight Days. Futures like half the have little change and we saw it open up around