Charles high level trade walks are underway in china as we speak. Already a ton of headlines are trickling out. Edward lawrence is live at the u. S. Trade Representatives Office with the very latest. Edward . Reporter charles, i can tell you these talks started about 30 minutes before they were scheduled to talk and they have been working through lunch. They passed through a break in the schedule on this i cant tell you if that is good news t could be good news. It could be they reached a sticking point. In any case they are still talking which is good news here. Chinese trade sources said the chinese would like to work out a deal on parts they already agreed upon, that both sides agreed upon and lay a timeline out what comes next year for those difficult points. Following the guidelines theyre looking at sort of the japaneseu. S. Deal where they have a deal on agricultural and digital trade. Move forward with the rest of the stave later on. The u. S. Wants to know what concessions chi
In part because the chinese did respond to our last hike in tariffs. A spokesman for Chinas Ministry of commerce quoted as saying that escalations of a trade war wont benefit anyone two sides still planning to meet in september of course, much of this rhetoric or communication is what weve been seeing for some time. I dont think any of it necessarily means the chinese are not still in a stance that sort of has them backing off from full engagement that somehow would lead to a deal in the near term. I think it was a surprise olive branch, maybe, taken as good news by the markets that things werent going to escalate even further at the moment but youre right, in terms of a deescalation, theres not much evidence september 1st, this weekend, were set to have a new round of tariffs go into effect on products coming from china into this country smart watches, bluetooth headphones, flat panel tvs, some footwear december includes cell phones, laptops, clothes, and toys the retailers that repor
Energy sector . Will the Big Government takeover of that chaotic policies there, that would ruin, would undercut a u. S. Oil boom that cushioned the slow . Its a boom that also stopped the u. S. From tipping over to a recession. To the New York Times on notice, another black eye, forced to correct a Brett Kavanaugh so called bombshell that was anything but, after it was revealed these New York Times reporters omitted, left out significant facts that undercut their story. A story that even the Washington Post passed on because it was so thin. The conservative media calling this another dishonest story, one of the worst of mal practice they have ever seen. Is it time to sharply curtail the fisa court given how it was easily politicized under the Obama Administration to spy on the political opposition, the Trump Campaign . A top Law Enforcement official with us tonight. And a danger for the u. S. , how we would never ever let these happen and how we would never have known about it if hill
Whether jay powell will cut Interest Rates further. And big earnings on deck, disney and wynn after the bell joining us courtney. Tell us how youve navigated the last 24 hours. You know, its been really, really interesting when you look at where the vix has been in august, were hitting 25 i think in july we ended around 12 that volatility is incredibly interesting. For someone like me thats looking to buy positions on the dip that i think are quality positions to buy and hold, it was a really good time in my opinion to do that interestingly enough on our desk at Loop Capital Markets we saw a tremendous amount of low, probably in the overnight markets, probably the most active weve seen all year. Buying or selling interestingly enough, buying. Some very balanced program bus we also saw a number of our fundamental clients buying in developed markets and a little bit of selling or less buying, well say, in some of the emerging markets so were starting to see some of that flight to quality
And town but not out walmarts ceo admitting his company fell behind amazon but now the pressure is on to play that catch up game. And finally peter thiel doubling down on his attacks against google why he says the search giants dealings with china should be a huge red flag for the feds its tuesday, july 16th. Worldwide exchange begins right now. Good morning welcome to Worldwide Exchange from wherever you are in the world you may be watching. Im dominic chu in for Brian Sullivan live pictures here, a screen shot of capitol hill where today congress will be Holding Hearings on Big Technology well take you there live in a moment first heres how you and your money are setting up right now the Global Markets are setting up their day stock futures indicating the dow will open just about flat, off by 4 points. Not much movement. There the s p up by 1 point. The nasdaq up by 6 to 7 points this after the major averages capped off another day of, yes, record highs the dow hitting its fourth rec