To a weaker dollar and higher yields across the globe. Time now for global exchange. We are going to bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to start with the breaking news in the u. K. The pound is strengthening against the dollar on brexit optimism. Francine lacqua is live at westminster. Give us the lay of the land as we start trading this morning. Francine i have to say, you are absolutely right. You have to look at the currency. Theres this renewed optimism after a lot of ministers say they will be able to pass this first, we dont know whether Boris Johnson will be eight able to push his deal once again through a vote in parliament. Cow in the past has said no because this is the same deal. We could have various moments forcing the Prime Minister to ask for a referendum or forcing the u. K. To stay in the customs union. If it gets amended, word on the ground is that the Prime Mini
An end. The Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this monday. Our Investment Committee at the table. The managing partner in houston, home of the astros. Im throwing you a Little Something there. And cnbcs jim cramer. Jim, you heard carl run down the list, 12 dow components. You want to tell us what you think is at stake this week . I think its an interesting week because there was a lot of pin action today. We had a couple of Companies Report very good numbers. Lets look at let me give you one that people should be talking about dov. These were very good numbers. We also had what i regard as being an important tell again. I wish stephanie were here. We both feel United Rentals is a terrific tell of the economy. It was very strong. I use those as the weakest part of the situation has been the industrials. Then you look at coke and pepsi co. You and i both know the ceo. That Company Reported a great quarter. They did
Charles the dow nearly 300 point higher, topping 27,000 as big banks beat this morning. Third quarter earnings season has indeed kicked off with a bang today. Jpmorgan, goldman, wells fargo, citigroup, blackrock all reported ahead of earnings open this morning. Just the two banks alone, jpmorgan, they have got 10,600 branches. They give us a great view of domestic economy. Jamie dimon saying the American Consumer is going strong. What does that mean for the stock Market Going Forward . Joining me nuveen equity strategist bob doll. Thanks for joining us. Thank you. Charles so far so good for the week 23 S P Companies reported. 91 have beat. Wont be all that good but what are we getting so far. The strength of consumer. We have yet to hear from Manufacturing Companies where things are more questionable. We need stabilization in manufacturing here and overseas. Germany, china, pmis, the isms, get a little stabilization there i think we get a lift. Charles when jamie dimon this morning tal
Imagine that. The president meanwhile will be heading to dallas for another rally this week, doubling down on his pledge to bring jobs back to america, as a new Louis Vuitton factory gets ready to open. Texas is open for business and so are we. We are watching it all. Varney company starts right now. Theres execution work to be done on the document, but this document is substantially done. We made a lot of progress, and our expectation is this will be concluded and signed by chile. Charles that was secretary Steve Mnuchin moments ago talking about phase one trade deal thats getting ready just in time for apec, the meeting that will be held next month in chile. China reportedly wants more talks before the deal is signed. I dont know. I think its normal. People are interpreting that as a red flag. Susan we heard about this on friday, by the way. They said it will take maybe four to five days to get this signed and worked up into ink at this point. Take a look at the rhetoric in the mainl
You guys know better that not nasdaq indicated down and s p anyone doing a secondary in your ipo is unparalleled. Down by one. That is a testament to the investors we brought into the down was down by 180 points ipo that believedin us again we did that a month ago over the yesterday. Every move we see seems to be premium of the price trigger by the moves of these the larger conversation being had about investors i think trade talks. There is a difference here lets look at the treasury this is why i think this is succeeding a, not only are you nailing the market the 10year looks likes it numbers, but, b, because you are yielding 1. 592 . Only for five years and you had to take in crazy amounts of 30year about 2. 1 money prior, right dont you think thats a huge part of this i do. I think we had very strong investors previously when we were a private company in todays environment, if we twoyear trading at 1. 462 needed them to do a 100 insider one Earnings Report of note today, Delta Airl