John considering ge does business in every country on the planet. Jeff people see globalization from 30,000 feet dont know how globalization works. John and immelt even talked about his own future. Have you thought about life after ge . John all that and all that and more coming up in my conversation with jeff immelt. Trumps ban on people from some muslim countries being able to visit your head office. What is your reaction to it . Jeff i sent something out to all of our employees because we have a lot of people who live outside of the United States and they are afraid of what is going on. We speak out to say, gosh, we understand that safety is really important. But we also want to be able to be but we also want to be able to work with the people of ge, and still travel in and out of the United States. And we dont want to lose our contact us with customers around the world that want to buy products, not just from ge but boeing, caterpillar, u. S. Manufacturers. Again, we set our peace
John considering ge does business in every country on the planet. Jeff people see globalization from 30,000 feet dont know how globalization works. John and immelt even talked about his own future. Have you thought about life after ge . John all that and all that and more coming up in my conversation with jeff immelt. Trumps ban on people from some muslim countries being able to visit your head office. What is your reaction to it . Jeff i sent something out to all of our employees because we have a lot of people who live outside of the United States and they are afraid of what is going on. We speak out to say, gosh, we understand that safety is really important. But we also want to be able to be but we also want to be able to work with the people of ge, and still travel in and out of the United States. And we dont want to lose our contact us with customers around the world that want to buy products, not just from ge but boeing, caterpillar, u. S. Manufacturers. Again, we set our peace
Quiet in the markets with the u. S. Celebrating president s day on monday. Overall, global stocks were mostly higher. It looks like we are waiting for direction. Perhaps we could get it with the fed minutes on wednesday. Live. Eting is lets look at how things are in the asiapacific. Slow going with new zealand stocks down about. 1 . The kiwi dollar unchanged. 80 and beyond is the call from Deutsche Bank sac the resurgence in exports. That is ahead of the rba minutes out in the next hour. Stocks slow going at the stock of the open. The dollar yen has been going sideways. 113. E the dollar yen above back above 120. We do see weakness in yen. It could be a boost for stocks. Lets get to our top story in asia this morning. The austrian Prime Minister has told bloomberg he will maintain a Good Relationship with the u. S. Despite the reported rift with President Trump. Speaking exclusively, he spoke against protectionism and said his government was committed to investing in new infrastructure
Today will be the tiebreaker at least but it just tells you a lot about the month. Its been up its been down. In fact an even number of times. But whats also interesting, lets all remember this is the day before the fed announcement and usually you get a very quiet day ahead of that and youre getting anything but right now. Triggers arent taking a stand either up or down ahead of the fed meeting. Final hour of trade begins with the dow down 129 points after a strong session yesterday. Interestingly, its not like yesterday where all the indexes were up by about the same amount. The dow is giving up almost 0. 75 . The s p doing better only off 6 points. A third of a percent. And the nasdaq did turn green on the session. Its up by almost 7 points to 4,936. Some interesting moves. Lets see what oil has been doing as well. Down another 73 cents or 1. 6 . Were sitting near sixyear lows for the price of oil, and i happen to know also that the price of gold has been very volatile in todays tra
Time for the news feed. The Worlds Largest retailer has cut its fullyear forecast. Walmart is blending slower traffic as supercenters and higher healthcare cost. They havent had increase in samestore sales in europe have. Economic recovery in europe has come to a standstill. In the secondgrow quarter. Meanwhile, the economies of both , promising toance build on the sinless program if the situation gets worse as Stimulus Program at the situation gets worse. Another night of violence in the was suburb. Demonstrators were protesting the shooting of an unarmed black teenager by police. Crowds through gasoline bombs and other objects that police. Police responded with tear gas and smoke bombs. Just close the books of its fiscal year and the numbers from the Worlds Largest maker of networking equipment increasingly from your story for multinationals, it is a challenging environment out there. The u. S. Continues to grow the revenue was down a doubledigit percentages in russia, china, and bra