Equity futures after a negative close on wall street. Headlines fromop the bloomberg terminals. Better than feared. The German Government expects this years contraction to be less severe than previously forecast. The economy minister presents new forecasts today amid data from across the region. For more years . Jpmorgan says investors should position for rising odds of donald trump winning the reelection as the president visits kenosha, wisconsin. Apples production glitch. They asked suppliers to build at least 75 million 5g iphones for later this year in a sign that demand is holding up. Just under one hour away from the start of cash trading across europe. Lets take a look at what futures are showing yesterday after we closed yesterday down across the board in europe. We are now seeing futures rise. The ftse didnt sure cash in the futures are down. Index seeing the equity closed down with trading higher. Since the ftse missed out on the drop its futures are trading lower. We have gr
The honorable pete wilson, Christopher Nixon cox and hugh hewitt. [applause] good afternoon. Im Christopher Nixon cox, grandson of Richard Nixon and on behalf of my family and the board of directors of the foundation i want to welcome you to another important event and the museum is right behind me here. Today we are honored to have secretary of state Michael Pompeo to have chosen the Nixon Library to make a major speech about u. S. China relations. Like we do so often at the library, we are going to begin the program with a prayer. Would you please remain standing and welcome greg laurie, the Senior Pastor at Harvest Christian Fellowship for an invocation. Lets pray together. We are thankful to live in this country the United States of america and one thing we treasure so greatly as the freedom we have to pursue life, liberty and happiness. We have the freedom to speak our minds, the worship and freedom to proclaim the message that jesus christ died for our sins and rose from the dead
Theyre expected to adhere to these standing rules, including decorum. With that said, during the period, the committee will operate in accordance with hr 965 and specific guidance from the rules committee in a manner that respects the rights of all members who participate. House regulations require members to be visible throughout a video connection during the proceedings. So please keep your cameras on. Also, if you have to participate in another proceedings, please exit this one and log back in later. In the event a member encounters technical issues that prevent them from being recognized for their questioning, i will move to the next available member of the same party and i will recognize that member at the next appropriate time slot, provided they have returned to the proceeding. Being interrupted by technical issues, i will recognize that member of the next appropriate spot for the reminder of their time once their issues have been resolved. In the event a witness loses connectiv
Im Andrew Ross Sorkin with joe kernen and melissa lee becky is off again we are about 111 points up now s p 500 looking to open about 11 points higher. Flip is around and show you we are at. 952. Still under the six handle i always wonder what the bond vigilantes are thinking now relative to our little equity world. Worth noting we are still 3 well away from the february record highs some highlights. The ceo of Tractor Supply, auto nation venture capitalist, treasury secretary mnuchin, house leader and twitter ceo. A huge lineup straight ahead thats a big show yeah. You guys always have a big show but this is particularly large. For you because you are here people said, melissa will be on book her i think they wanted to do it for you but i think they were scared if they didnt do it of me thats the feeling they got they didnt want to disappoint you. I doubt it thats nice to say but i doubt it im not a scarey person. Im not. Maybe to you nows this morning out of washington. Reaching Comm
Of the markets. We will break it down with tiffany mcgee. Plus an exclusive interview with the ceo of halliburton, jeff miller. With oil prices around 40. Guy lets talk about the data. The data was grim. Worse than anticipated. As gdp data was bad but not bad as anticipated. The real story for me today is the claims number. Higher and looking fairly sticky. Now. Mckee joining us point out the highlights. Ofwe basically had two sets numbers. One that told us where we were and one that told us we may be going back there again. When you look at the gdp numbers, the number the u. S. Uses is 32. 9 . The entire last for year, we would be down 2. 9 . 32. 9 . 10 quarter over quarter. That compares with germanys 10. 1 , the u. S. Is 1 10 of a percent better. It shows the u. S. Global economy is in a lot of trouble. Where did it go wrong . Personal consumption was down 34. 6 percent. This was an annualized number. ,usiness investment nonresidential, down 27 . In all across the board terms of gdp