Stephen mnuchin speaking on the phone today regarding stimulus negotiations with a promise to speak again tomorrow and new york city is back in had the coronavirus spotlight. People refuse to wear a mask still to come, coming up on todays show, embattled e. V. Maker nick la with new lows. Well ask the former auto executive what it all means for nikolas pending deal with gm. Plus, well speak with the newly minted president of shopify about the run that stock has been on. Up more than 150 . Well ask about the recent news of rogue employees stealing some Customer Data. Harl Harley Finkelstein will be our guest. We have the latest headlines coming out of washington, d. C. For us start with you, mike a little bit of low volume churning going on today. Maybe a little apprehensive. Kind of Holding Steady ahead of these couple of known potential catalysts, of course the president ial debate and the jobs number. After 4 two day rally, s p 500 year to date, train day, we kind of had that half 1
Bad session like we saw in the u. S. , snapping out of gains. New york futures are slightly higher. The dollar is stronger. We saw quite a bit of steepening in the Treasury Curve. Youre seeing the threeyear at around 24 basis points. We did see the spike in yields, slightly off that now in the Asian Session after the treasury unexpectedly announced that refounding announcement. Boosting that issuance on the long end of the 10 year and 20 year with the auction so markets are bracing for that surge in supplies. Were also watching currencies, remedy still very much in focus here today. The message the last couple of days has been calm down, we have slightly stronger fixings here. Were seeing the renminbi slightly down. We are continuing the rally of brent crude, slightly higher by half of one percent, just below 30 bucks for brent. Looking ahead to the data now. China set to rae release trade figures later today. Exports likely dropped 11 from a year earlier compared with a 6 decline in m
Time for todays market moving news from our washington and new york bureaus. President trump is pushing to reopen the economy, even if it leads to more deaths. Speaking in arizona in his first trip outside washington more than a month, the president is preparing for phase two of the u. S. Response to the coronavirus. Pres. Trump the people arent going to accept it. They wont accept it, and we shouldnt accept it. We have a great country. We cant keep it closed. Ive had doctors say, why dont we close it for a couple of years . This is the United States of america. Will some people be affected badly . Yes, but we have to get our country open, and we have to get it open soon. Alix Kevin Cirilli joins us with more. Good morning, kevin. Kevin good morning. The president returns from that trip to arizona, really signaling that he is going to be taking his message of reopening the economy back on the campaign trail in arizona, where polls have him trailing joe biden anywhere from 4 to 6 . Clea
Defense strategic advic advisort zest likovich. Your initial thoughts on this and the fact that they reportedly have a new leader in place this morning. The fact they have a new leader is nothing that wouldnt be expected. Isis is like a business, so they know exactly who is going to take over. In my opinion, who cares l. The number two, as far as im concerned, hes already dead. We signed his death warrant when he took over that position. He is now enemy number one. What is prove from the operation to kill Abu Bakr Albaghdadi shows the u. S. Military can reach into any place it wants to to hunt terrorists down and theyll be hunting the number two, number three, for the next Going Forward. Maria are you expecting any retaliation here from isis . Retaliation in terms of domestically in the u. S. Or something in syria. Maria getting the u. S. Back for taking down its leader, yeah. No, i dont think so. I think if isis wanted to hit us that, would. Theyre always looking for targets of opport
The top line kicking into high gear in the fourth quarter. Confirming its third year out look telling cnbc europe it is on the road to recovery no doubt we should expect midseason expectations we are clearly seeing a turnaround that is not a reflection of the gdp. We do not expect any substantial improvement in the economy wildcard doles wieals with aa at the fintech firm. Soft bank is stung by weworks failed ipo. There are lessons we learned about going public those lessons should be learned by everybody who wants to go public good morning, we are getting some good news out of the european economy to give you the final composite number this is higher than the initial estimate of 50. 2 the services as well, weve had a couple of Services Come out. Final services pmi has come in at 52. 2 versus 51. 8. We saw a final break down to bring you those. The final number for france was much higher than expectations coming in at 52. 6 versus 50. 8 in september. Higher than the flash. Also for ger