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Is impacting Small Businesses across the food system. Coming up this morning on washington journal, your reaction to last nights president ial debate between President Trump and joe biden. Good morning. Washington journal for september 30. The house comes in at 9 00 a. M. We are devoting today to hearing from you about the first debate between President Trump and former Vice President joe biden. Here is how you can let us know your thoughts on last night. If you support joe biden, call 202 7488000. If you support President Trump, 202 7488001. Perhaps you are an undecided voter or you support another candidate. Call us at 202 7488002. You can text us at 202 facebook tweet us, available to you at facebook. C ....
The china trade fight is clearly escalated. The president s holding on to a very strong line. Any resolution, it seems to me, pushed down the road. More on that coming up. If you combine the jobs report with the china story, heres how the market opens today. I thought we would be down about 100 points but we are coming back. We are down about 20 points for the dow. That will be 29 minutes from now. Maybe the markets taken the Financial News to mean that the fed can lower rates in the future. 600 points down the last two days, down about nine at the open this morning. The s p down about four, nasdaq down about 44. Tempering the losses. Heres another really big financial story which i dont think gets the right exposure. Interest rates. The tenyear treasury yield all the way down to 1. 88 . Money is pouring into america. Why not . Interest rates in germany today hit a record low. You want interest on a bond, you got to come to americ ....
Investors love it. Second, profits. That is the baseline for stock prices. Latest reports from Big Companies show strong gains. Investors love it. Ibm stock going up a whopping 6 this morning. Thats huge. Third, the president is throwing everything in the tax cut fight. He kept up the with the speech in front of heritage foundation. The barnstorming continues. Trump growth agenda is rolling. You remember the leftists that forecast a crash when he was elected. How wrong can you be . The dow hit 67th record high since donald trump election. Capital gain is great. Watch this market grow. Varney company is about to begin. Lets give our country the best Christmas Present of all, massive tax relief. And speaking of christmas, yes . You want to hear it . [cheering] speaking, im talking about Christmas Present. I will give ....
Things. Stuart with me, hes not going to get away with it. He says kim jong un should be very, very nervous, china state media says this, if north korea shoots first, china stays out, if america starts it and tries regime change, china steps in. Face to face standoff and thats what investors have to live with as the weekend approaches. The possibility of Armed Conflict with the markets are closed. Each new headline will have new impact. Follow it all minute by minute on Varney Company, the friday edition is about to begin. Stuart so where we are in 28 and a half minutes when the market opens . Slightly higher across the board. Heavy selling from yesterday has not continued so far this morning. But, remember, the duh has dropped just 1. 25 since monday. Here comes a tense weekend, would you buy ahead of that . We shall see. How about the price of gold . Thats another twomonth ....
Market. The final read for the month of february is 96. 3, just above what the survey was calling for. A bit of a read on how americans feel about the Trump Administration so far. Pullbackking at a mild for the dow, s p 500, and nasdaq. But it doesld, represent the worst slide since the month of the brewery, while the month of february, while the dow, it could be the first down day for the dow in 11 days. We look at a twohr of the theres aart the dow, small gain. We see the bearish open. Dow trying to climb higher. What stands out over the next two days, dow open higher than into that businesslike, solid manufacturing meeting with President Trump yesterday. Dow took a lead level, which is a bit unusual. It will be interesting cpac to see what happens at cpac it will be interesting to see what happens at cpac today. Turning to some havens, we are looking at another risk ....