President trump has been angrily defending his decision to pull american troops out of Northern Syria a move that opens the way for an attack by turkey on kurdish fighters, long time American Allies in the fight against the Extremist Group the Islamic State, but regarded by the turks as terrorists. Mr trump has repeated his warning to turkey not to take advantage of the withdrawal, threatening to decimate the turkish economy if they go what he called off limits. The kurds have been leading the Syrian Democratic forces, and have been key to defeating the Islamic State extremists in syria. The kurds have reduced areas under is control to virtually nothing, and now hold thousands of is prisoners and their families. President trump and the government in ankara have proposed a 20 mile so called safe zone on the border, to help the return of millions of Syrian Refugees currently in turkey. The kurds see the american withdrawal, which has already begun, as a stab in the back. Our Internationa
China, which has chinese stocks bouncing today weve also got another big announcement as well dont miss the debut of a new segment here on closing bell today. The market zone is coming up into and after the close well bring you the stocks and stories every investor needs to know and it will look a little different as well. Joining us for the hour is mark tepper from Strategic Wealth partners mark, thanks for being here. Thanks for having me. Looking at the dow today, were up 154 points. The s p is also hovering right around 2980, it looks like a decent last day for the month of september as we head into these final three months of the year, what are you watching the most closely . I think the biggest catalyst right now is a potential trade deal all eyes are looking on this meeting next week between the u. S. And china, because if you think about it, its really, really difficult for ceos of publicly traded companies to execute on their growth plans if they have no visibility as to what
We are getting data out of the euro area. Services pmi is 51. 6. Anything above 50 means expansion, but it is a touch below estimates. At the stoxxok 600, for germany is close, so maybe a little less money out there to trade. Brexitf folks will be on and Boris Johnson will Tell Parliament today. Watch out for any reaction in the pound. , itou look at that paring has much to do with the dollar more to do with the dollar than Economic Data out of the eurozone. Is big worry weve seen exactly what kind of economy we are looking at. Coming up, more from the chicago fed president , but first, lets get straight to bloomberg news. Donald trump is seizing on revelations the u. S. House Intelligence Committee chairman adam schiff met with the whistleblower, the person of the heart of the impeachment investigation. This invalidates the complaint about his controversial behavior. He alleges the Democrat Health right original plaintiff but did not divide any evidence. He should resign from office i
Has been we will not even discuss trade until the irish border and the divorce deal are sorted out. It seems that, deal or no deal, he will be asking the eu with his dash of optimism to change its mind in a way it shows no sign of doing over the last 18 months. And lets speak to our assistant Political Editor norman smith for his final thoughts. Now we know . Boris johnson will be oui now we know . Boris johnson will be our new Prime Minister but, anyway, nothing has changed. The eu still sticks to its negotiating position with the backstop, the parliamentary arithmetic is still the same, the arguments over brexit have not changed, the only differences Boris Johnson is now in number ten and his belief seems to be almost by sheer force of will he can crack that logjam, he can corral and cajole mps into backing an agreement, he can reach out to labour leave ed husic mrs may never really managed to win over and at the same time, by going toe to toe, eyeball to eyeball with the eu over no
Minister. He has optimism, enthusiasm, he puts a smile on peoples face and he has a total unsha keable confidence. So, now we know and in the end there was no great surprise. Boris johnson was favourite to win from the start and now hes been voted in as the new conservative leader. He will officially take office hes promised to deliver brexit by october the 31st. As Prime Minister tomorrow the new Eu Commission president says shes looking forward after a meeting with the queen to working with him at buckingham palace. In the challenging times ahead. And President Trump has already borisjohnson gained around double congratulated borisjohnson, the votesjeremy hunt did saying he will be great. From conservative Party Members. In his victory speech, mrjohnson promised to unite the country and deliver brexit by the deadline the uk prepares for a heatwave, as temperatures climb well of 31st october. Above 30 degrees this week. But hes already seen some ministerial resignations and there coul