Hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. The chinese delegation heads to d. C. Today for an expected phase one signing on wednesday plus new ceo, same crisis. What to expect from boeings new chief executive, David Calhoun, who takes over today and the future of the 737 max. Then there were four, alphabet nearing the trilliondollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. All three major indices are in the green since the beginning of the year led by the nasdaqs 2 gain as we were saying on squawk a few moments ago, jim, if lulu yes, maam of lemon is a clue to the earnings season, maybe this rally has been justified we have two conference this is ek wweek, icr in orlando andi conference in san francisco, health care. Theyre used to be able to say better than expe
Interview with the ceo of agios. The stock got more than 6 today. Well find out why. And pay attention. Can you name todays mystery chart, the stock dropping at 1. 15 , bounced back a bit, had a bitter cold Holiday Season any ideas . Interesting that means something you probably do its a retailer. Well give you the name coming up but we begin with news on trade. The United States officially dropping the currency manipulator designation for china. Aman jabbers in washington with the developing story. Thats right, the treasury making it official at this hour, they are dropping the currency manipulator designation that they slapped on the chinese last year theyre removing it today. The Treasury Department saying in a statement thats for two reasons. One is the appreciation of the currency thats happened since last fall and the second one is agreements that theyve made inside the socalled phase one trade deal theyre saying in the agreement china has made enforceable commitments to refrain
In the United States, are expected them to cut rate another quarter point, dropping the ball on all of this and president declaring not even two weeks ago that hes an enemy, reminder how easy it is to make friends in the city, dow 75 points, lets get the latest first on the trade front on whats going on there and growing talk that at least the talks are back on and so far no one is throwing dagerds. No one is throwing at each other, the jobs are fundamentally strong, 130,000 jobs in august, 3. 3 over the past months, the white house economic adviser say it doesnt really matter that the jobs missed the estimate because the Labor Force Participation edged up. The people on the fringes of this come are coming in and getting jobs, if you peel back some of the numbers, consumer is still spending and thats in construction 14,000 jobs in construction, half in Residential Home construction, people buying homes, consumers are buying, the other half divided among specialty trade construction and
Of the garlic festival area. And officers were in that area engaged the suspect in less than a minute. This suspect was shot. And killed. It appears as if though they had come into the festival b. A the creek which borders the parking area. And they used some sort of a tool to cut through the pants to be able to gain access through this security fence line and thats how they got into that festival area itself. We have one suspect we know that is down we have some witnesses reporting that there may have been a 2nd suspect but we dont know if that sets back ways engaged in any shooting or whether they may have been in some. Sort of a support role for the person that we have accounted for. We have at least 15 people injured. We have 4 fatalities that we know of that including the suspect. The officers that engaged the suspect obviously we have a protocol that we need to deal with for that so. Santa clara county has a protocol on dealing with officer involved shootings so thats just anothe
Year, and the chartmaster says it looks extra flossy ahead of the big fed meeting next week. He will tell you how to make it rain and beyond meat is up more than 800 from its may ipo. Im shocked, shocked. So are we but if you missed out on the run, mike khouw has a way to buy it for less. He will go above and beyond on the trade. It is time to risk less and make more. The action begins now. And we are going to kick things off with the big kahuna. Apple gearing up to report next week the stock has soared 20 from its june low, and the Options Market expects an even bigger move after tuesdays results traders pricing in a more than 4 jolt in either direction for those keeping score at home. It is a 42 billion shift in market value with the stock down 11 from the october high. How should you trade it into the earnings lets get in the money dan, you put a bullish bet on apple when the stock bottomed. How are you trading it now it was interesting. In late may, early june we looked at this one