Opening with maybe a 180, 200 point loss. But the rest of the market is going up. China and the u. S. Have reportedly reached agreement on currencies. Thats a positive for the trade talks. And jay powell told 60 minutes the economy looks pretty good and there will be no recession this year. So the s p will be up six points, nasdaq up about 30. The president wants the wall and hes upped the ante. His budget calls for 8. 6 billion for the border and it also includes 2. 7 trillion worth of spending cuts. You can see a fight coming with congress a mile off. Theres a lot to go after today, this monday morning. Yes, more from aoc, just wait until you hear what she says happens to you if you dont have a job. Varney company is about to begin. We should not be haunted by the specter of being automated out of work. We should be excited by that. The reason were not excited by it is because we live in a society where if you dont have a job, you are left to die. Stuart what . What . Did you hear th
Good morning from the studio 57 newsroom at cbs headquarters here in new york. Good to be with you. Im annemarie green. President trump visits the u. S. Mexico border today as part of his push for border wall funding. Yesterday the president walked out of talks with congressional leaders aimed at ending the Government Shutdown. Marc liverman is here in new york with more on that. Didnt get a lot of negotiation done yesterday. Reporter yeah, theres no question about that. If anything, yesterdays negotiations may have actually delayed any hopes of ending this partial Government Shutdown. All this as the fate of more than three quarters of a million workers paychecks are in the hands of leaders on both sides of the aisle. 20 days into the partial Government Shutdown, President Trump is getting out of washington. Hes headed to texas where hell visit the u. S. Mexico border. The trip comes a day after another meeting with congressional leaders made no progress in ending the standoff. Our me
The hang seng was up by about 2. 25 , and then the shanghai composite, stocks up. 7 those trade talks extending to an additional day, and well talk about that in a moment. You can also see in european equities that at least at this hour you are going to see green arrows across the board. The cac is up by 1. 1 . The dax and ftse up by 1 . Stocks even higher in italy. Up by 1. 25 finally, check out treasury yields, which yesterday pushed back above 2. 7 for the tenyear right now those yields have firmed even more 2. 735 news just out this morning from fitch it says the u. S. Debt ceiling, it says, is more important than the shutdown it says that if the u. S. Debt ceiling becomes a problem, well have to reassess americas triplea Credit Rating its been talking about this now for quite some time. I think it did it made a Statement Like this in july as well you remember back in 201 1 when the s p when s p downgraded the United States, and then got into a fight with tim geithner, who was then
Sitdown with microns chief, sanjay mehrotra. Were going to begin with the major averages continuing to kut some recent losses on hopes of surrounding u. S. china trade talks and recent dovish comments from the Federal Reserve just today, fed president bo bostic, a patient approach is now warranted. Joining us in a cnbc exclusive is callsters chief investment officer, the largest educatoronly pension fund, 219 billion under management chris, good to have you back good morning good morning, good to be here weve sort of followed you as weve gone through the end of last year and now into the new year i wonder what you make of this run, if you think expectations have been set low enough, as we now await some q4 earnings oh, i think they have i mean, that was the worst december in history. So, i think that were going to see a moderate january and at least expectations have come down from where we were in august and september where they were euphoric maybe now theyre a little bit more realist