And months ahead at the center of the drama, of course, today the currency clash. President trump accusing china of currency manipulation as china lets the yuan fall we have got the details of the punch and counterpunch plus, the consumer crush the names the trade war could hit hardest, as well as which ones could actually benefit from escalating tension power lunch starts right now lows of the day on the dow right now, 781 points. The next two hours will be big trade headlines sinking stocks today. Kayla tausche covering all of the trade angles for us, as she has for months now but lets begin with bob pisani at the New York Stock Exchange hey, bob and tyler, todays declines are very broad based everything, except maybe gold and utilities. Lets take a look, down 1. 5 to 3. 5 Technology Stocks down, bank stocks down. Consumer discretionary down, energy, industrials, all down about the same however, even Consumer Staples are not faring that well look at the walmarts of the world, costcos
Shareholders to sell more than 300 million shares. Oracle profits drop but shares rise after hours after the databased if i recall hikes its dividend by 25 . Welcome to the show. Were just getting some breaking news on 10 cents earnings. Of course this is the chinese internet social media company. It says Market Competition has remained intense over the full year. The net profit has come in at 23. 8 billion rmb versus 15. 5 billion a year ago so a Significant Growth level there. Rev muy was 78. 9 billion cut last year. It was 60. 44 there. Recommended final Dividend Payment has come in at. 3 hong kong dollars. Chinese markets have closed. Tencent up 1. 6 already in todays trade. Over the days its basically flat. Lets take a look at u. S. Futures. It is a big day on wall street. The Federal Reserve Monetary Policy decision will come out at 2 00 p. M. Eastern. The groundwork will be laid as to whether the fed plans to raise rates in the near term. Were looking at u. S. Futures higher acr
Each week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline & infrastructure companies with regular updates. We also hold quarterly…
Each week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline & infrastructure companies with regular updates. We also hold quarterly…
Each week Josef Schachter gives you his insights into global events, price forecasts and the fundamentals of the energy sector. Josef offers a twice monthly Black Gold newsletter covering the general energy market and 30 energy, energy service and pipeline & infrastructure companies with regular updates. We also hold quarterly…