Barbara duran from bd8 capital markets. Thank you for joining us today weve got a lot of forces at play again another kind of side waist market, but some Risk Appetite if you look at whats moving higher today i agree with that i think that the action has been very constructive. And i think whats going on is youve seen the earnings expectations come down you had just a little sample last week, but majority of Companies Beat earnings and the most important thing, i think, was jpmorgan and American Express talking about the strength of the consumer in loans and spending and thats really the underpinning to the economy. And so we also know the fed, they have a meeting coming up. Im not expecting them to cut rates, but they have made it clear they stand ready and i think that forms an underpinning for the market. And not to mention china we have a little truce there i think we were all expecting some more down babeat commentar from what weve heard so far but so far, its been okay maybe rest
As the 2020 candidates react. I am incredibly saddened and its very hard to think about this. America is under attack from homegrown White Nationalist terrorists. Chris president ial candidate mayer Pete Buttigieg joins us for this monday sit down. Plus, we will ask our sunday panel about the epidemic of Mass Shootings in america. Plus, President Trump escalates his trade war with china announcing more tariffs. Until such time as there is a deal, we will be taxing the hell out of china. Chris we will discuss the impact on the markets in the economy with white house trade advisor Peter Navarra all right now on Fox News Sunday. And hello again from the fox news in washington. If we start with breaking news, a second mass shooting in the u. S. In less than 24 hours. At least ten people dead including the shooter and 16 injured in dayton, ohio,. It happened overnight outside a bar and in el paso, at least 20 dead and more than two dozen injured at a walmart. Packed with as many as 3,000 sh
Overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s p 500 and the dow coming off some highs yesterday. Overnight in asia, we had some interesting news out of japan. Theyre changing the way theyre buying maturities across the yield curve. We have the nikkei higher by 0. 4 we have red arrows on the hang seng and shanghai. New china data overnight that showed food prices surging 9 , largely in part due to a surge in vegetable and pork prices european equities, down arrows across the board the dax is down by 0. 9 . Treasury yields, this has been the focus all week, yesterday the intraday on the tenyear yield was 1. 793 we are seeing extraordinary moves on a daytoday basis. Getting close to the twoyear feeling it feeling it feeling it little resecessionary feeling i. We have one other piece of Corporate News to bring you. Uber shears undehears unde s uber shears undhares un
To it. But it is a mess. Alix this morning we are looking at the gulf of oman. We have two tankers under some kind of attack. About how or by whom. There are questions as to what it actually means. And who has the military capabilities to do that . Alix that is where you had those two vessels on their way to singapore, but a month ago we also had saudi tankers attacked, leaving questions as to who in the region would want that kind of attack and who would be able to carry it out. That is the real turning point for the markets. David oil was really on its way down before all this happened. Alix thats right. Yesterday oil prices really took it on the chin. A 3 rally on this kind of geopolitical risk right next to the straits of hormuz is kind of nothing at the end of the day. Part of that, to me, is still demand worries. Opecs monthly report lowering demand for the first quarter. Says, youre right, trade tensions and demand dont go handinhand. So we will see. David and had they set the d
Sharply. Have buyers reached their limit on how much theyre willing to pay for a home but we begin with the market john, bottom line, were just off the lows for the day, down about 0. 9 for the s p and Dow Jones Industrial average weve been down 9 out of 11 days on the s p 500 if we close lower today. So that is very noticeable the dow industrials, being held up largely by defensive names. Some of the other sectors like banks and energy are on the weak side the nasdaq down there, 0. 8 . Were down about 5 off of the recent 52week highs of the nasdaq when you get more than 5 , the technicians start noticing tech has been an underperformer. The dow movers here, take a look the good news is Johnson Johnson holding up wells, defensive names merck, proctor and gamble holding up. Caterpillar has been weak, Energy Stocks coming off of their highs after a terrific run. Take a look. I think a key chart is the bank stock. Theyre starting to exhibit negative patterns, what we call head and shoulde