Sales and ism manufacturing data hits a decade low. We wait on fiat chryslers numbers. A two border solution . Boris johnson will present his brexit plane to the conservative Party Conference today and the eu with provisions for a timelimited irish backstop. Ireland called the deal a nonstarter. A race to the bottom. Shaking of the brokerage world. Good morning. Matt less than half hour away from the european open. Take a look at what happened yesterday. When that ism number came out, it really disappointed markets. Investors bought up treasuries, pushing the yield down. This is a threeday chart. We have recovered a little bit today. Moves a pretty substantial and you saw that in stocks as well. That negativity likely to carry through to european markets today if you look at the futures. You will see equity Index Futures across europe are down. Dax futures are off 0. 4 . Ftse futures are off more than 0. 5 . I will point out we are seeing gains in u. S. Futures still slight, but at lea
We have an important interview coming up. But first, lets check in on the markets. The institute has cut its growth forecast. We did have worries about germany and the labor market and some of the things internally. That has a lot to do with trade. A lot are saying that if you look at the composition of the world, is probably the European Union that takes the brunt of all of these concerns. ,uropean stocks are fluctuating but if you look at the stoxx 600 , investors are trying to figure out exactly what kind of clues they will get after these miserable manufacturing numbers. Coming up, a great guest lineup here in italy. We speak to the former italian Prime Minister. Well also talk to the chief executive of a general of generale and the chief executive of campari. Now lets get straight to first word news in your city. Hong kong protesters were planning a fresh round of disruption after clashes sublease shoot a demonstrated for the first time in the demonstrations began. Local media rep
Welcome. What at a day and what a week. On this friday, the market got a little of what its been looking for, a partial trade deal. President trump met with chinas vice premier at the white house where the two sides announced the first phase of what they call a substantial trade deal. Investors were upbeat all day ll about something. Anything happening. And they got it. The Dow Jones Industrial average advanced 319 points to 26816 after rising more than500. The nasdaq was up 106 and the s p 500 rose 32. And all major indexes were higher for theeek on the hope that progress was being made in trade. Bob pisani has more on the markets response. The rally rolled on today with the dow having the best day since early june. All three major averaging snapping threeweek losing streaks. Investors cheered prospec of a china trade deal how much more steam does the rally have. The s p moved 40 1 from the oltd highs. Does the mini deal get the markets through christmas . General consensus among trad
It doesnt bother me anymore. If somebody had invested ,with you in the very beg what kind of rate of turn what that have been compounded . Paul 10 became, like, 160. David is it too late to invest retroactively into that . [laughter] woman would you fix your tie, please . David well, people wouldnt recognize me if my tie was fixed, but ok. Just leave it this way. All right. I dont consider myself a journalist, and nobody else would consider myself a journalist. I began to take on the life of being an interviewer evenofhough i have a day job unning private equity firm. How do you define leadership . Whbo is it that makes so tick . I read the other day that you opened your fund for 24 hours, and 5 billion showed up. Now how does somebody raise 5 billion in 24 hours . It wasnt exactly true. Oh. It was true in the sense that once the offing was open befiuse it was first come, t served there was a lot of demand, and 23 hours later, it was filled up, but it took a number of months of prepara
Reportfror ay, october 11th. Good evenin everyone and welcome. What at a day and what a week. On this friday, the market got a little of what its been looking for, a partial trade deal. President trump met with chinas vice premier at the white house where the two sides a founced thest phase of what they call a substantial trade deal. Investors were dbeat all about something. Anything happening. The dow jndustrial average advanced 319 points to 26816 after rising more than 500. The nasdaqasp 106 and the s p 500 rose 32. An all major indexes were higher for the week on the hope that progress was beingaden trade. Bob pisa has more on the markets response. The rally rolled on today with the dow having the best day since early june. Snapping threeweek losing streaks. Investors cheered prospect of china trade deal how much more steam does the rally have. E p moved 40 1 from the oltd highs. Does the mini deal get the markets through christmas . General consensus among traders is its not clear