Of trade, chinas biggest names, many of them trading on the almighty nasdaq, getting caught in the crossfire. Though it is americas tech titans that get quite a bit of credit for the nasdaq taking 2020 by storm, but could another stealth sector be poised to steal silicon valleys thunder on the techdominated index . Coming up, nasdaq ceo adina freeman here live on her exchange giants massive earnings beat and the stealth stocks that may deserve the credit for much of the win. And she is surely one of the many in the market who will be watching teslas latest look under the hood today. Could we see elons empire speed its way into one of the markets most exclusive clubs . We will tell you what that is. Plus sports, betting on americas pasttime. A new window into the clean energy future. And charlie breaks it. With less than an hour to the closing bell, lets start the claman countdown. Liz we have this report just crossing the financial times. Breaking news. A group led by General Atlantic
All that and more on making money. Dagen is a rollback in tariffs in the cards to get a trade deal done with china . Both sides reportedly weighing that option as they get closer to putting pen to paper. Edward lawrence, live in washington with more. Hey, edward. Reporter good to see you. Feeling of goodwill between the u. S. And china over trade is starting to seep into tariffs. People familiar with the talks are telling us china would roll back tariffs as part of a trade deal. In an oped in Chinese State media says cancellation of u. S. Tariffs already imposed should be a necessary condition for reaching an agreement. The moneys writer said to be close to the trade talks on the chinese side. The chinese have been working throughout the process to get tariffs removed or repealed, especially tariffs set for december 15th. Those are still set to be added. The trade talks are still happening almost daily. In phone conversations at the deputy level, the two sides are trying to find a loca
Its back to 32 a share. Down 6. 58. Overall, the markets holding pretty steady as the profit reports roll in. In fact, id say stock prices are real solid and some of the profit reports, thats keeping the market at very high levels. No big pullback at this point. The dow industrials will open up about 40 this morning, s p up 6. By the way, the s p is only 22 points away from the alltime high. Whats that, just one big rally . The nasdaq, look at it go, up a half percentage point premarket. Big deal. Now let me lay out what we have for you. An important speech from Vice President pence on china. He may take a hard line. That could affect the market. And here comes amazon, perhaps the most important Earnings Report of them all. How strong is Consumer Online buying . Very important and we are going to find out today. Of course, we are going to watch apple hit new highs and unless something dramatic happens, we are hardly even going to mention impeachment. Here we go. Varney company is about
Impeachment efforts against President Trump. Republican leaders fighting back with discrepancies in the whistleblower complaint. Well tell you where things stand. Taking aim at what street. Former Vice President joe bidens campaign reportedly thinking about taxes on Financial Transactions like the sale of stocks. What that move could mean for you and your wallet. Apples taking heat films to the theaters before. Were breaking down apples strategy in the hour. Melissa blake burman at the white house, gerri willis on the floor of the New York Stock Exchange and phil flynn watching oil at the cme lets kick it off with blake. Reporter melissa, you said happy friday, did we need this friday ever . What a week it has been here in washington. There is so much public scrutiny over the july 25th phone call between President Trump and ukrainian president Volodymyr Zelensky in which the whistleblower complaint brought it all to light. Now, especially within the last day or so, many in and around t
Cash is pouring into this country from all over the world. Its pouring into american treasuries, its pouring into our stock market, safety and growth, thats what we are offering, thats what you are getting. Look what its doing. Its pushing Interest Rates all the way down, 2. 03 on the tenyear treasury. By the way, its so bad in europe now that when you lend to the government there, you dont get it all back. You lend them a million, they will keep 3,000. No wonder its coming over here. Then we have facebook. Looks like the stock of the day. Today they introduce libra, a new Digital Currency. They claim it makes sending money around the world as easy as sending a photo. Its a Payment System with a potential base of 2. 5 billion people buying from 90 million businesses. Investors love it. The stock is up four bucks premarket. This is going to be a very big day in politics and money. Stocks are going straight up and moments from now, a visit from Gary Woodland, the brand new u. S. Open cha