Attorney, thats coming up so much on this show, stay tuned, for making money. Charles well stocks, the major indices are mixed, spinning the results up to most of the session but here is the deal all eyes really awaiting President Trump what is he going to say object our strained relationships with china, the tension is mounting, we are expecting to hear from him in fact at any moment the administration is criticizing beijings plans to impose a National Security law in hong kong and the president is not happy with china but is not certain if it will impact the trade deal and thats what wall street really wants to know is going to happen. Joining me how hud senior fellow chinese strategy director Michael Pillsbury youve been ahead of the curve on all of this. You kind of saw all of this evolving, because i guess its what china wants to do. They want to sort of dominate the world and nothing is stopping them but they actions seem to be more in your face. I think thats right, charles. I t
Warning of more damage. Vonnie similar story here in the u. S. We are seeing a nice rally continue on the s p 500, up 4. 9 . The worst performers include viacom and cbs. Viacom went to market without cbs. Rallyingoleum company 21 . Boeing is another big help, particularly for the dow. The 10 year, 81 basis points. The dollar index, down at 1. 5 , some currencies really just flying today. Offshore trading at 7 08, a little lower than it was earlier today. The fixing was much weaker than it has been in the last several sessions. Thes get more details on session in global markets, here with us is taylor riggs. Taylor i want to talk about the major averages. The dow has rallied more than 20 to effectively pull us out of the bear market. We are still off 25 from the peak. As you mentioned, tech having some weakness yesterday but turning that around and getting some strength today. You are catching a bid for the 10 year, movement of money going into both equities and bonds, which is interest
Im Charles Payne in for stuart varney. Varney company starts right now. While cnbc is on break, we are open for business. Charles hundreds of americans back in the u. S. This morning after being evacuated from the coronavirus affected diamond princess cruise ship. Lauren, we know some have tested positive for the virus right now. Lauren yes. So the u. S. Chartered the two flights that arrived early this morning, one in california and one in texas. As they were going from that cruise ship docked in japan to the charter plane, 14 tested positive for the coronavirus. That essentially doubles the number of infections right here in the u. S. We had 15, now you have 14 coming in. They will be in quarantine. They were already in quarantine for about two weeks but they will be in quarantine at those two air force bases for another 14 days. Charles thank you very much. Mean meanwhile, macao says the casinos can reopen. Susan its a big deal especially for casino shares that trade in the u. S. ,
Anniversary of the woodstock Music Festival which affected half a Million People to a dairy farm in up state new york. Next an interview with woodstock cocreator Artie Kornfeld. He recalled how the concert came together, how he signed the Musical Artists and the business arrangements for the documentary film. This is half an hour. I wanted to be a baseball player but i always loved music and my mother always had Benny Goodman of the lombardos. Not guy lombardo, but the two brothers. They both had bands. One of the two guys who had the big bands. Anyway, she listened to big band music and my uncle loved jazz. And he was always listening to jazz. That was the influences i had. Then was your mother a pianist, a performer . No, my mother founded the freedom rides and became a very famous shes a founder of the freedom rides. If you get my book, youll see the letter that will blow your mind about shirley kornfeld. Shes a star in my family. Not me. Today you are the star. Im just a representa
This is half an hour. Wanted to be a baseball player, but i always loved music, and my mother always had beeny goodwin and the lombardos, one of the two guys that had the big bands. She was into big band music and my uncle loved listening to jazz so those were the influences i had. Was your mother a pianist . No. My mother founded the freedom rise, and if you get my group youll see the equality that will blow your mind about shirl kornfeld. Shes the star in my family, not me. Today you are the star. Well, im just a representative of a hope, of a dream. Capitol records was a new concept at the time and you took a pretty commanding position there. How did that happen . My good friend sold his stock in Martha Stewart and was change an of the board of emi records for 15 years. We met if you read my book youll see, we met by accident in a snack bar, and he had taken over the job working for donny kisher in, and if you were a writer, i had already had a record out when i was 16. I was signed