Dark about those allimportant trade talks with china. Top level negotiations start now. Where are they going, we dont know. But we can tell you that apple has removed an app which had been used to track the movement of Police Forces in hong kong. We can tell you that nba events in china have been disrupted because chinas bullying american basketball teams. And we can tell you that after being dropped in china for supporting hong kong protesters, south park has fired back with an obscenity. We can also tell you that todays market activity hinges almost entirely on any headline that emerges from the trade talks. In the absence of any hard news, its a virtual stalemate. The dow is going to be down maybe 30. Two down for the s p, maybe five points lower for the nasdaq. I will call that a standoff. Heres the stock of the day and its a big winner. Bed, bath beyond is up 19 free market. They have hired a top guy from target to turn around the ailing bed, bath beyond. Looks like that could be
The New York Stock Exchange and phil flynn keeping his eye on the gold at cme and blake burman at the white house. Edward lets start with you. The jobs report last time we saw 3. 5 unemployment an american walked on the moon. 1969 was the year. President donald trump over the moon about this jobs report. White house Economic Advisor larry kudlow though says he is blaming the fed for the sluggish wage growth number in these numbers. Listen. One were still suffering the aftermath of severe monetary restraint in 2018. That restraint is being removed and in fact were about six to nine months that is the usual lag, so i think, the worst of that fed obstacle may be coming to an end. Reporter now one of the numbers in the report that has been overlooked really is the revisions. They have, jobs report for the last two month was revised up 45,000 jobs. That means last month the economy created 168,000 jobs, up from 130,000 jobs that makes last month a little bit slower jobs report look a lot be
I could go on and on. Growing china trade uncertainty. Things are getting a little violent right now in hong kong. For next two hours well put it all together. We say boo, you decide whether you still want to buy. See what we did there . Neil boo were down 226 points just like that. Starting off the first day of this problematic month. It is not traditionally the worst month for stocks but more memorable from some of those crashes, crashettes whatever you call them. Im not saying it will end up this way but it is starting out that way and scaring some folks. We have had big drops this month. October of 18 we can remember 1342 hit. In 081525 point hit. We could go on and on. In percentage terms the big one to beat is 25 plus hit in the dow in october of 1929. In 1987 we lost a quarter of the dows value. I only mention that, this is a spooky month. We have a lot of spooky developments were getting into. Not only widening search for subpoenas on capitol hill and people resisting those sub
Three categories. Despite tariffs and trade uncertainty business is still optimistic about the outlook. Not a whole lot of evidence of inflation in this report, which is interesting in light what we see of feds inflation page. In new york, manufacturers say input prices at a moderate pace. Selling prices flattened out. Reports of impact of pricing as it relates to tariffs were a bit mixed. Respondents feel like it will take a couple month to shake out to see the evidence there. Now i should note that this report does come before the president decided to enact a new tranche of tariffs on chinese imports that mostly target consumers. So take that as you may but bottom line here manufacturers continue to take it in the chin due to trade uncertainty but the Services Sector right now appears to remain intact. Back to you. Deirdre jennifer, thanks so much. Jennifer schoenberger there. President trump speaking moments ago on the trade tensions with china. The president says china wants to mak
Now we have to change that because of your laws. David socialist Bernie Sanders unveiling his 16 trillion Climate Exchange plan. Ill tell you how the king of freebies is planning on paying for the outrageous platform. Is this a bird or bunny . Hornacek is back with us tonight to clear this up. Trish regan primetime begins right now. Im david asman in for trish. Our top story tonight. The west coast in crisis as residents and Business Owners from seattle to San Francisco and beyond bear the brunt of the homeless crisis. Many are blaming liberal officials for causing the crisis. But in california the states governor says thats ridiculous. To suggest its because of liberal policies is laugheddable and insulting. Maybe the reason they come from texas to because you probably need a better bern fit if you go to San Francisco. So the choices. What kind of society is that we are just not going to help. They dont have as big a who a homeless problem. Good for you. But you know what . You lose a