And we got better than expected manufacturing data here in the u. S. , but the imf did lower its Global Growth forecast joining us for the hour is steve grasso from Stuart Frankel you know, we hit these highs earlier in the session didnt hold on to it for very long what do you make of todays action we didnt hear about impeachment. We didnt hear about china trade, really. We havent heard much about a lot of things, but we did hear mostly about were earnings so the market wants to get back to something that they can look at and say, its binary. Either services it was a win, it was a beat, they got it higher or lower and were going to run with the market there. Not enough to make new highs, but were on our way there with earnings, i would guess. It is interesting to look at companies fundamentals, actually push the trade headlines aside just a bit still hopeful, perhaps but let the day be run by earnings its true everybody has been run by macro lately so twothirds of all stocks trade with
Tonight to gain support in a state he barely lost in 2016. Well bring you any breaking comment from the president on china trade and Everything Else, if and when he stops and talks to reporters on the white house south lawn. Millions in the dark in california. Power outages extending for a second day. The reason behind what seems like a drastic measure. Maybe if there is a better solution. A new red flag for Social Security. The new numbers that have critics sounding the alarm. Melissa fox Business Team coverage. Edward lawrence at the office of the u. S. Trade representative in washington. Gerri willis on the floor of the new york stock exchange. Lets kick it off with edward. Reporter melissa, im looking over my shoulder any minute that door will open. Treasury secretary Steve Mnuchin has come out of there already. Appears the talks are wrapping up for the day. There is a lot of movement, the Chinese Trade Team will be leaving here. This is this round of facetoface talks, both in mara
Is pouring into tenyear treasuries as a safe haven. Trouble, trouble everywhere but treasuries offer a degree of security not found elsewhere, and well pay you interest. You dont get that in europe or japan. Heres another opinion. Surely the Federal Reserve will now lower Interest Rates very soon and very sharply. Ive got another reason for the selloff and its hong kong. Its calm right now but is this the calm before the storm . There are signals that beijing has had enough. Things are coming to a head. Number one, Chinese State media now calls the demonstrators radicals and appears to be whipping up mainland support for a forceful end to the protests. Intervention, they say, is inevitable if the situation worsens. Two, there is video of chinese troops massing at the border. Three, the demonstrators are being told not to move to a different part of the airport. Just a few dozen remain. Four, the chinese accuse Speaker Pelosi and Senate Leader mcconnell of inciting chaos. President trum