Points, too. The nasdaq, 2. 7 from its high. It will open today again, on the upside maybe 30 points. New trade figures suggest chinas hurting badly from the trade fight and weekend disturbances in hong kong suggests xi jinping still has a problem in his backyard. All of that suggests President Trump has a strong hand to play in the china trade fight. Quick look at Interest Rates. Another positive for stocks, maybe. The yield on treasuries no longer inverted and rates have at least for now stopped their plunge. Look at that. The tenyear almost at 1. 60. Troubling developments for the vaping business. The cdc now reports five deaths related to vaping, and its recommending that people stop doing it while they investigate the safety. Heres the question. Regardless of what you put into a vaping device, does the act of putting any vapor into your lungs cause harm . Big deal for the vaping business. Weve got news on at t, news on apple, amazon is hiring big, and what would you do if you woke
Arrows across the board. Nothing by more than a percentage point the dax is up just over a 10th a percentage point not surprising anyone with any expectations more rate cuts could come if the economy slows. 10year yielding 2. 237 . I saw there were three dissents they failed to point out one of them wanted to go 50 the future Federal Reserve, in raining. Right wanted the cut by 50 basis points a Job Interview right in the general news, they said, the Federal Reserve was doing okay it looks like a great economy but there are things to consider beyond the globe i thought that was his best perfo performance yet. Maybe not what you were hoping for and ending up on the day, you were effective am i here over there. Smile for the camera okay. New reports about how was that was that fake . New reports about at t plans for direct tv. Stock moving a little bit. Reporting the giant is considering options including spinoff. Fake news is it fake . I have taken calls on this. This is fake news. I sh
Prices and lack of demand. Oil is up about 2 amid more tensions with iran. That countrys foreign minister is threatening allout war in the event of a u. S. Or saudi military strike. Meanwhile, facebook chief Mark Zuckerberg heading to capitol hill today, trying to promote his vision for moderate internet regulation, as antitrust investigations are heating up. Plus, we have news on a possible isis connection to that mechanic who tried to sabotage an American Airlines plane. And Major Tv Networks are saying no to advertising ecigarettes. Varney company starts right now. David first to washington, d. C. , where midlevel china trade talks are kicking off today and they seem to be having a positive effect on the markets. The Dow Jones Industrial went from negative to positive on the news. Edward lawrence joining us live from the white house right now. Hi, edward. Whats going on . Reporter yeah, literally right now, the talks with the chinese delegation have started. The delegation has walke
Perdue joining us along with Arkansas Attorney general leslie on the bigtech antitrust lawsuit plus newly chief Financial Officer whitney on new data connecting restaurants with suppliers. We are looking at declines, dow industrials off of the lows, 40 points on the dow this morning, s p down 4 and a quarter and nasdaq lower by 17. President trump hit campaign trail in North Carolina rallying for republican candidate dan bishop for congress in state special election today, the president sounded off on u. S. China trade and the economy. Watch. More americans are working today than ever before in the history of our country, almost 160 million americans, weve now had 13 straight months of wage gains of at least 3 , wages are going up, the economy is doing great and jobs have never been better. More than 7 million americans will be lifted off of food stamps. Nearly 600,000 americans entered the labor force last month alone. China wants to talk, they want to talk. China lost 3 million jobs,
Responding. And, move over, oprah. Sherry redstone cements her status as the most powerful woman in u. S. Media as cbs agrees to merge with viacom in a long awaited deal. Shares of apple and chipmakers soared in tuesday trading after the u. S. Delayed a 10 tariff certain imports including smartphones as well as laptops. Before boarding a helicopter in new jersey, President Trump said in case it has an impact on people, what we have done is delay it so they wont be relevant during the Christmas Shopping season. To discuss in washington, the president of the u. S. China business council. , bloombergs l. A sarah mcgregor. Sarah, do we have any idea what the motivation is for the change of heart . Sarah we do know that the news gave a bump to the stock market. We saw some retail and Technology Stocks go up today. There have been some declines in share prices in recent weeks since tariff announced since trump announced the tariff. Of course, that is an immediate cheer from the market. What