Here. Good to see you. Payne Capital Management president , ryan payne and fox business deirdre bolton. Good morning. Happy monday. Here we are ready to go. Dagen ive got cooler head, what i wrote down on my folder as i watched comments about a Angela Merkel and President Trump about the trade situation. Last week we saw the dow sell off, more than 600 points as more and more investor were worried about the u. S. And china not to be able to be on the same page in some sort of way, create a framework. Now with these comments, seems like indicating a higher open, thats all that investors care about. Business owners are thinking how will i adjust to this, whats coming. Any bright spot, green on the screens, there we go. Dagen exactly. Also this morning, American Enterprise institute u. S. Research strategy in asia, he heads it, zach cooper on china trade. Roger williams is here to talk tariffs and trade. Former u. S. Secretary of commerce, former kellogg ceo, Carlos Gutierrez on the g7 su
Minute look at quick u. S. Equity futures at this hour show you how things look to be opening up in about 3 1 2 hours from now dow would be off about 20 points nasdaq looking to open up 15 points s p 500 looking to open off a little off well call it 3 1 2 points right now and also show you whats happening overnight in asia right now as we speak. Youre looking at red arrows across the board but well call it marginal except for the hang sang take a quick look at european equities as well as we flip that board around youre looking at mostly red picture, except the ftse 100 looking up 1 right now and finally treasury yields, tenyear notes unless youre looking for a 30year fixed right now the tenyear note is at 2. 060 joe . Big deal of the morning. Big. Big. Mylan, potential pharma deal to tell you about. Unit of pfizer with mylan. Thats right. Were expecting this news to be announced sometime this morning. What were hearing is that pfizer plans to spin off a unit called up john, off patent
Several dozen people came to the red shelter they set up. Fridays 7. 1 hit, about 15 people came to the shelter. Im told many of them are choosing to sleep outside because of the continuing aftershocks. During the briefing today, city Officials Say that they are making Good Progress in inspecting a lot of the damage across ridgecrest, but their big concern is they just dont know when the Regional Hospital is going to fully reopen. Meanwhile, theres lots of people in ridgecrest that are trying to get back to normal. We are an isolated community. Reporter Crossroads Community Church Pastor started his sunday service with a big thank you. Thank you, thank you, thank you, for the people who showed up. Reporter he shared pictures of the damage that Church Members fixed thursday and then fixed again after the 7. 1 on friday. Its been a long week. Isnt it nice to be here on sunday . Yes, yes. Lot peace. Amen. Reporter as people in church try to carry on, there are still several signs around r
Right now on the afternoon edition, extra eyes on crime. City of San Francisco using another tool in hopes of cracking down on car breakins , retail theft and sideshows. Good afternoon. Im ryan yamamoto. The plan is to install 400 automated license plate readers at 100 intersections across San Francisco. Moments ago, mayor london breed and other city officials were in the sunset and they say the new tech will be a game changer when it comes to Public Safety. Automated license plate readers can play an invaluable role in helping us to track some of the perpetrators. The city and county of San Francisco is the tech capital of the world. Now, our officers have the technology that they need to better address the crime challenges in our city. This is a very, very exciting thing. Police say over the next three months, license plate readers will be going up across the city. The news first came out earlier this year. That is when we spoke to a Business Owner in the tenderloin who tells us he w
Asia. Coming to you live from new york city and hong kong. We are counting down to asias major market opens. Paul the top stories this hour, asian stocks poised for the next open with chinas july activity data ahead. Argentinian assets and in freefall with the government valuing the peso is a political outsider shakeup the election race. Chinas property crisis is rippling into the 3 trillion Wealth Management industry. Miss payments on Investment Products highlighting wide arrests. We meet the man who could be taiwans next president. He tells us exclusively how he plans to reissue voters and maintain peace. Shery look at how u. S. Traders are issuing. We are seeing outside after we saw major indices in the new york session gaining ground. Tech stocks leading the gain, seeing the best day in two weeks. It was low volumes across the board. We are talking about august as a slow month. Even small moves can make a big difference. The russell 2000, smaller stocks, falling to that onemonth lo