How power lunch starts right now the dow is down about 200 points slightly off the lows of the session. The big loser is the nasdaq. Down by more than 1 ty thanks very much. President trump heading to the nato summit in london today. Before he left he cast more doubt on a trade deal with china. President trump was noncommittal today on whether the phase one deal would be done this year. The chinese are always negotiating. The chinese want to make a deal. Well see what happens President Trump tightened one screw on china by signing into law a bill with hong kong protesters trump faults the countrys massive devaluation. I gave them a big break if tariffs. Its very unfair to our manufacturers and very unfair to our farmers. Our steal companies will be very happy and our farmers will be very happy on top of all of that theres still the usmca where officials are hopeful for movement soon. Theres eight working days left in the capital back the you trade concerns only part of the reason stock
143. 7 billion to be spent online alone. Thats an amazing number. 4. 4 billion is how much money we spent on thanksgiving day online alone, including our very own susan lee. What a way to kick start this Holiday Spending season. All right. So with that said, lets get straight to it. It is black friday, and our Lauren Simonetti is at some luxury e outlets in bergin county, new jersey. Lauren, whats going on . Reporter ashley, the big question is, is black friday dead . Got here this morning at four a. M. A long line started to form because folks were waiting for gift cards to the mall, between 50 500. Its an experience, go with our family, friends and show up. Steady traffic, as you can see, all morning long. And a lot of the stores, im in front of the kay jewelers outlet right now, take a look, ash, save 2580 on the entire store. Theres nobody in the store. The store is completely empty. On black friday. Follow me now. Were going to make it to a store where i spent a good chunk of my t
Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and joining us for the hour is stephanie link fr stephanie, it looks like today is kind of steady as she goes, it seems like we have a deescalation of the trade war and fundamentals of earnings actually moving some stocks. You hit it perfectly, actually good start to the week trade tensions seem to be easing a bit. Earnings so far, 50 of the s p 500 have reported. Theyre beating by 2 , i know against a
My name is emma morris, and im the Global Policy director. I would like to start by thanking congressman cardenas and his staff for securing the room for us for having this important discussion today. Briefly, by way of background for those not familiar with the safety institute, were an International Nonprofit organization looking to make the online world safer for kids and their families. We are pleased to host the panel today to discuss one of the most important issues facing families and kids privacy on the internet. In the united states, the collection and processing of childrens data has primarily been regulated by the childrens Online Privacy protection act for over 20 years. This law long preceded facebook, snapchat, youtube and hello barbie. Weve seen numerous legislative proposals to change the way childrens information is regulated and at the beginning of the summer, the federal trade Commission Published a request for public comment. With all of this activity in mind, it re
Major averages muted after the rally that closed last week. Dow and s p breaking a three week losing streak nasdaq best week in a month. Tech stocks are part of the story. Where are the buying opportunities . Christina hooper joins us with larry glazer good morning to you both good to see you. Do you think anything fundamentally changed as a result of the talks . No, but i think markets got ahead of themselves. I mean, lets think of it not as phase one, but phase 0. 5 the u. S. Thinks they made an agreement, china doesnt necessarily believe the same stocks got a little ahead of themselves, but there are always opportunities to find tech gems out there. Where are they . At least, what leads you to them in this environment now . Well, i advocated that chinese took looks very attractive, that has been beaten down since the u. S. china trade wars began seen small recoveries, but there are a lot of opportunities in chinese tech. Why do you think the administration is trumpeting partial deal