Holding. Quarters of 1 on the 10 year. Ago,about nine days trading at 1. 16 . To basis points higher. Crude oil and others deeming a breakthrough. We do have a fall coming with iran. That is because of john boltons departure. Crude oil moving to 9 10 of 1 . We already we await mario drahgi. Moving things along and looking at new york. Su keenan is there with first word news. Su we start with the u. K. Government. Chaoswarning of soybean with this russian that trade and financial services, and the possibility of public disorder. The document is part of a worstcase scenario. Parliament voted to force Boris Johnson to make it public. The government is facing legal action. The Scottish Appeals Court ruled the suspension of parliament is unlawful. Won a legalump has victory over his policies over the border with mexico. The Supreme Court says his administration can support a new rule designing a limit of who can apply at the border. The policy can remain in place while a legal challenge goe
Hurting the economy. Retail sales and Hotel Offices tumble. Tourism from china sliding more than 40 . Shery later on Bloomberg Technology global link, we will talk about airbnb charting an unconventional path to the Public Market and how vcs are looking to disrupt the ipo business. Lets get you started with a quick check of the markets. U. S. Futures gaining 1 10 of 1 but this after we saw the s p 500 fall the most in about a month. We have the s p 500 finishing below its 50 Day Moving Average of 29. 48. Every sector turned to the red after we saw that we u. S. Manufacturing number appeared we had industrials leading the declines, not to mention banks moving lower as we had raising pressure towards the 1. 6 level. High volatility was pretty and the vix headed towards the 20 level as we have had october very volatile, if not the most volatile month of the year. That also having an impact on the markets. We are seeing u. S. Futures slightly higher at the moment. Lets see how asia futures
Stuck in a slump. The winning streak comes to an end. More pain from protests in hong kong. Retail sales and Hotel Occupancy tumbled more than 40 . Check lets get a quick of the markets. We are seeing u. S. Futures gaining a quarter percent but this of course after we see all saw the s p 500 fall the most in a month. Every session was in the red. Week manufacturing number this morning. Industrials let the declines, not to mention we had banks under pressure as was our rates move lower towards the 1. 6 for the 10 year yield. Volatility was also pronounced. We saw the vix headed towards the 20 level. It is known for price swings. It could be one of the most volatile months of the year. Lets see how things are shaping up for asia. Selina asian stocks look to be pressured by the weak manufacturing data after the u. S. Reported which of course follows very weak did any Manufacturing Sector we have seen across europe as well as in china, japan and south korea. Take a look at the futures. Loo
Inversions plus, tiffanys mixed quarter, the luxury retailer with an earnings beat. Peloton getting set for the public debut, widening losses ahead of its initial Public Offering as we have said twice now, stocks are set to open lower on worries about Global Growth and the risk of recession. Investors paying close attention to that yield curve and its inversions of the two and ten as well as trade tensions between the u. S. And china about an hour ago or so, we got a president ial tweet, quote, so interesting to read and see all of the free and interesting advice im getting on china from people who tried to handle it before and failed miserably. They got taken to the cleaners, were doing very well with china. This has never happened to them before this being a preference to the large tariffs in place that are set to go up september 1 and then december 15 and the overall there has been some press that echoed some things i was hearing shared on monday that the idea that the chinese have
Points. Well talk all of that. Detail on big Market Movers ahead. Here is what is new at this hour. Connell white house hopeful Kamala Harris is introducing proposal for medicare for all . Round two of their debates. The difference is between the plans and what it means for the health care, if you can actually keep your doctor. Plus iran, vowing to restart Nuclear Activity since the rogue regime releases new video of the revolutionary guard interacting with a british strait of hormuz. New security lines at the airport. How you might beat the crowds, but it will come at a price. Were just hours away from u. S. China trade negotiations resuming in shanghai. While President Trump renews attacks on Federal Reserve. Which says it isnt doing u. S. Favors with any talks between china or anybody else. Blake burman live at the white house with the latest. Reporter expectations going into the meeting with shanghai with the u. S. Trade representative robert lighthizer, steve mnuchin, counterparts