On fox business. He will be talking about the jobs numbers, about the stimulus plan, if we will get one or if the president will have to pull the levers himself without congress. 30 minutes from now, larry kudlow. Well also ask about President Trump issuing those executive orders banning u. S. Transactions with wechat and tiktok. Shares of tencent, lets see, tencent is down about 6 right now. Well see how things are going. Futures, by the way, are down about 73 points. They had bumped up into the green from triple digit losses earlier when we got the jobs report, but they have settled down a little lower. Again, a lot less than it was earlier this morning, before the jobs number came out. As President Trump threatens executive actions to get another round of stimulus as democrats are stonewalling any compromise. We are also going to be weighing in on the market trade worries as the president signs a new executive order reimposing 10 aluminum tariffs on canada and that crackdown on Chin
Connection, thats part of the chinese state. The United States is the number one largest for the economy and china is number two, and they are fighting each other, and therell be damage to global trading. Connell but trades only the tip of the iceberg. The real question is this are we in this together or going our separate ways . Chinas now in the hunt for new markets. You see that with things like belt anded road, part of an Economic Initiative to reach them into that billion market. Connell the next moves are crucial, and this is the challenge of china. Connell so for the United States to challenge presented by china is about much more than headlines generated during a trade war. Im Connell Mcshane. Over the next hour were going beyond tariffs to bring you a unique look at the clash of cultures and beliefs thatll shape the direction of the Global Economy for decades to come. Much of our conversation will happen here in new york, but well also take you to chinas capital city, beijing,
Are used to today. Safety features werent exactly standard. You dont want to be in the frontend collusion in this. Oh, yeah the whole safety thing and most of us dont have a money to own one. Can drive it later. [laughter] jeff i dont want to get used to it, i drive a ford because thats all i can afford. But for a car lover this is almost like a dream. Quite frankly the stuff that i see when im sleeping and my eyes are closed. Jeff Fox Business Network goes to the pebble beach concours delegance. Hi, im jeff flock and for the next hour we will show you up close and personal some of the vehicles. I tell you theres a new appreciation for these vehicles, we talked to young people who say they loved these old cars, yeah, they dont drive themselves, yes, they are not electric but they are rolling works of sculptor. Some of the most expensive sought after cars in the world. Modern cars to my mind are appliances and theres nothing wrong with having a Great Appliance but they dont make my hear
Win would lead to a total meltdown especially when it comes to markets. Stuart talked about hong kong. Were watching it closely. Well have a run on the banks well talk about. A big weekend ahead in hong kong. Well look live where tensions stand right now. Lets get to trade, how governments are reacting to what is happening. The dow is up 275. Were ending week on up note. We have a few hours to go, still down overall for the week whether governments are aware well get to that in a moment. New stimulus could be helping stocks. Hillary vaughn starts us off at the white house. Hi, hillary. Reporter connell, President Trump says the september meeting with chinas trade delegation is still a go. He talked on wednesday with chinese trade officials. He is expecting a call soon with president xi. He said if china dares to retaliate against september first tariffs he thinks the u. S. Holds the ultimate retaliation or ultimate form of retaliation. I never said china was going to be easy but it is
What she did is achievable. We dont all have to die. We dont all have to sacrifice their lives. They tried to kill my child to shut her up. Guess what . You just magnified her. [applause] trade do more for the Emotional Service this morning. Walmart earning the big one to watch today. To try to see how is keeping up with amazon. Broader markets here. Lower after games. Delegates are pulling back about 14 points. Nasdaq weaker by 400 . In europe this morning, take a look. Lower across the board. In asia overnight, markets were mixed at the close. The nikkei and the hang seng lower pitch a high and kospi were higher. Samsungs battery recall is that. Refurbished batteries for the galaxy know for a taken off the market over concerns. Plus a painful first pitch. Watch. Wow, more on the good coming out of. Jamie to talk about it, Fox Business Network Dagen Mcdowell is back. Chief Investment Officer Michael Johnson play ceo lawrence jones. Good to have you here. Thanks for joining us. Welcome