Company ipo in a year, if approved by President Trump. Is this ride hailer. Eeking to shore up cash haidi lets look at how we are setting up for the final trading session of the week in asia. After a pretty lackluster session, we had u. S. Stocks passing some of those parsing some of those losses, still dropping for a second day but finding support after bouncing off the 50 Day Moving Average on the s p. S p futures seeing a little positivity on the u. S. Fridays session, about 0. 2 higher. Tax leading the client is apple, facebook and peppe microsoft are weighing on declines. We saw a Little Movement in treasuries as well. In asia, the nikkei 225 is seeing an upside, 0. 1 when it comes to futures trading in chicago at the moment. Dollar weakness yen strength will be an issue, the. We have the yen appreciated to the strongest level in six months across broad dollar weakness. The u. S. Dollar index falling for a fifth straight session. We are also keeping watch on the dollar and how it
Today . I think we need to reconsider our behavior. We need to hold off on going out like this. Translator i i think the hi is because of more testing. But im a bit scared. Our business will be hit again, if the restrictions return. Tokyos governor is calling for a higher alert level for people in the capital. Transnslator our current e is cautionon r required against spreading infectition. Wewe n need yourr cooperation ir everyday activities to help contain the virus. Koike attributess the rise t people who either work at or visit nighttime entntertainment spot, such as host or hostess bars. She says many are in their 20s and 30s. And the top spokesperson for the Central Government says its, also, looking into o the situan closely. Translator we dont think the currerent situation immediately y requires a state emergency. We will deal with the matter, in Close Association with the metropolitan government. Across the nation, more than 170 new cases were confirmed on thursday. Again, the
Now spread to northern italy. This as travel freezes up and global case numbers approach the 77,000 mark. Coming up, weve got right here on the claman countdown the Luxury Travel company on the front line, high end destination site embark beyond is here on which countries they are now redirecting travelers to so that 100 gut punch to its China Business doesnt spell a tko to its bottom line. China has other problems than just the coronavirus. The white house has just hurled a new jab at top Telecom Giant and 5g powerhouse huawei. Huawei chief Security Officer andy purdy used to work at Homeland Security. Hes now with huawei. He is here and ready to push back against the administrations latest snub. And from the white house to sin city, the president trolling his democratic rivals in las vegas on the eve of the nevada caucuses. We are live on the ground as the oval office incumbent looks to trump any blue wave from trying to break out in this key purple state. Plus, we have brand new bre
Joining us for the hour stephanie link from nuveen, a tiaa company so we lost the gains is it on fears ha a trade 2k5e8s getting pushed snout is the market expecting a trade deal at this point i think were a little more optimistic about a trade deal most recently and thats why we rallied as much as we did and thats why rates actually increased over the last couple of weeks but yeah, i think the commentary today about trade kind of pushed us down. But i really think were still trying to digest what the fed said yesterday i do think it was a hawkish cut but i also thought that powell walked it back why was it a hawkish cut . Because you have the dissenters and you were talking about it yesterday you were right on it as soon as it came out yesterday about the dissenters and i totally agree with you on that heres the quandary. The Economic Data in the sfats is not bad we had great housing data yesterday, pretty good data on housing, i. P. , retail sales. Jobs continues to be good. So if he
Yes, it is now a consumerdriven economy. We do want to alert you to new protests in hong kong. Nothing major so far but its just 9 00 at night over there and protests generally pick up steam in the hours before midnight. We cover this because these protests are a wild card in the china trade talks. They could affect our market and because we respect the courage of those youngsters demanding freedom. Now this. There you go. Which is the real Elizabeth Warren . Take a long, hard look. I couldnt tell but we will let you know who is who on the show a little later today. And watch this. This is another internet optical illusion. Take a long hard look at this one. Is that a bird or a bunny . Be quiet, ash. To me, its clear. But our production crew was split. How unusual. We have a big show and its on its way for you. Varney company is about to begin. I am the chosen one. Somebody had to do it so im taking on china. Im taking on china on trade and you know what . Were winning. Because were th