This as cia head gina haspel tries to stop for document declassification as part of the origins of the russia probe. Ohio congressman jim jordan joins me live next hour to discuss. Markets this morning slightly in the red, take a look at this, despite President Trumps recovery and growing talks on stimulus, weve got a market that is fractionally moving but in the red, dow industrials right now down 31 points of, nasdaq lower by 56 and the s p 500 right now down 9 andahalf. This after big rally yesterday finishing near session highs, markets at the close yesterday up 465 points on the dow industrials. The nasdaq up 257 and the s p 500 higher by 60 points at 4 00 on wall street. Worker information compromised, a popular fashion brand is fined for allegedly keeping track of hundreds of employees personal lives on the companys database. Airlines meanwhile looking for a rescue, one carrier hoping workers will take pay cuts in order to avoid furloughs. Plus, plant based fashion, the new team
Treasury market. European stocks are down by 1 . U. S. Stocks are up i. 2 . I also want to bear in mind what is happening with the chinese currency. This is important. 6. 6 four, below key levels. The dollar continues to weekend. The dollar is important, the euro is important, but the chinese currency is potentially very important. Jump inaly reporting a new daily virus cases to over 15,000. The other part of the story, we are talking about trade talks, the u. K. And the eu are ready to sit down immediately with the goal of finding a deal by midnovember after positive contacts between the two sides. Our bloomberg is european politics reporter. Ian, a great way to talk about itting the deal, getting done, was that Boris Johnson was getting his way and getting it done. Ian in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. We have not heard officially what they have agreed to do, but as you were saying, we have reported in the l
His Supreme Court nominee. No more stimulus talks, according to the president. The dow had been up more than 200 points and now you can see, it has swung to the downside, now lower by 267. Weve got the s p down 33. Nasdaq has lost all of its gains and more, down 128 points. But what are we to make on top of all of that . Of a trade deficit that expanded to its widest margin in 14 years, despite President Trumps buy american drum beating, the countrys taste for foreign goods, yes, thats you, remains firmly in place but a slight shrinkage in demand for chinese products. Is team trumps china trade war working or are we seeing squishy numbers in the middle of a Global Pandemic . Trumps biggest china hawk, adviser Peter Navarro, joins us live. And could it be the most intensely watched Vice President ial debate in history, as the vp candidates get set to battle it out on a utah debate stage tonight. Democratic nominee joe biden is just hours away, about one hour away, actually, of his own v
The question is, what is the catalyst that will get market to move higher. Were all over that. Speaker pelosi struggling to explain the holdup. I want this very much now. People need help now. No use giving them a false thing just because the president wants to put a check with his name on it in the mail. Charles okay. Well, this is not the ownly issue for democrats who are running out of the ways to try to stop the confirmation of Amy Coney Barrett. Back on the hill for another day. I will ask rnc rep Liz Harrington about her performance. Deneen borelli is with us. Her take on rapper ice cube reaching out to the trump administration. All that and so much more on making money. Charles you know it is another quiet day on the markets. The broad market, i think this is a consolidation phase, right. Big recent gains in front of record levels for the major indices. Headwinds versus tailwinds. Narratives staying with this market the last two months. More or less on hold. Leaves investors won
And fighting on all fronts. The tory rebellion over Boris Johnsons coronavirus powers Gains Momentum as brexit talks enter a crucial week. 6 00 a. M. In london. Annmarie hordern is out for the day. A solo show. Morphing tol risks the center of the barbell. Inmorgan warned very clearly terms of where we are. We are moving toward a point where correction is overdone. Moves from the tail into the middle. It is the size of the risk you have to measure. Lets take a look at what jp morgan has to say. Three quarters of the way done. We have moved straight to the markets. Lets have a little bit of a look. Csi 300 industrial profits up in china. That has bolstered the equity story. Standard chartered shows a moderating in the growth story in china. An eighth of 1 . The s p 500 up 0. 4 . Lets roll it across and have a look at other products on the move. Oil is moving. Its going to be a long road to recovery. The commodities story is reflective of the dollar story, but also this morning in terms