Alleged phone call an apparent trade detente that was apparent flipflops leave beijing unsure of u. S. Policy. Is the first of chinas big touted by the u. S. Administration, we saw the yuan banks to report earnings. Six in terms of the senate how the trade war is affecting devaluation was the largest performance. Shery lets get you started since the beginning of august, when we saw the risk of event with a quick check up on how markets closed. Where the yuan bridged the seven level. Theintent is there from it was a wild ride, with u. S. Chinese site. Dogs paring back gains. The s p 500 finished down. 3 . If we see these levees continue to be raised on september 1 and it is a very financials leading the declines with the 10 year yield falling politically important date for below 1. 5 . He dow gave up 120 points the chinese. It is the 70th anniversary of the peoples republic of china. That is not something the chinese are willing to let slide it was a bit of a mixed picture with volatili
Strongly. Raising half 1 billion. The company lost its chief executive on monday. Do let us know what you think. Follow me on twitter rishaadtv, and use trendingbusiness. Weekast trading day of the in shanghai and hong kong underway in 30 minutes. Others just starting off. David is taking stock of the mood. Theres no real conviction ahead of the jobs report. Back to levels at the start of the week. Let me recap quickly. 500 above 2100, seven month high. Stocks in europe, call it flat. Europe was lower. Emerging markets flat as well. No real conviction. Volumes are light. We are welloff the highs of the last hour or so for every market open. Doing this,. 5 , not bad. We were seeing a lot more gains early on, at sense of caution out there. , that is the story in sydney, below 5300, well off the highs. Korea,pi index in session lows, 1982 is the level. Asia is looking like this. Here is the heat map. Three opening up. It is the best misleading. We are seeing gains, but claims are light. S
And major back eye for blood testing startup theranos. The proposal is to ban the founder from the business at least two years, the wall street journal reporter behind the story from the beginning will join us in a bit. And the first president of facebook, and now tech billionaire sean parker is donating a quarter billion to Cancer Research. Hell join us live to discuss the move and his own any venture, the Screening Room, that has the movie business up in arms. The earnings from jpmorgan chase, wilfred frost has the story. First up, Energy Related losses, they were significant, but guidance for the rest of the year was encouraging. Down shamp is expected with deal activity and underwriting soft. Guidance also for m a was to remain so for a quarter or two more. However, markets surprised, only done 13 , march seeing an improvement and april okay so far. Here is what dimon had to say. I just add that 5 billion plus of trading in a quarter like this, look as good or decent returns, we ha