We will get insight from the director of of National Intelligence John Ratcliffe at 8 00 a. M. This morning. Take a look at tripledigit move, dow industrials up 218, nasdaq up 29 and s p up by 29. Friday industrials were up 112 points, nasdaq lower by 42 and white house trade adviser Peter Navarro on focus on swing states. Out with a report on swing state economy and we will look at michigan. Online outrage. Twitter executives online posts revealing deepseated hatred for President Trump. We are following the accusations of Technology One sideness this morning. Real november surprise. Neil degrass one day before the election making a buzz. Mornings with maria is live right now. Maria lets take a look at european markets this morning on the heels of strong performances in the u. S. Ftse 100 down 2 points but cac quarante is down 40 and dax index is higher by 15 and a half. China out with some important Economic Data reporting 4. 9 expansion in Third Quarter gdp, from a year earlier. Sale
Shall observe. You will see the memorial event unfold throughout our program today. The stock market trading begins at 9 30 a. M. And were at a modest gain after yesterdays late and very big selloff, the dow is probably going to be up 90 in the modest gain for the s p of 37 on the nasdaq. That is at the open. We have no idea how the market closes today. Look at this, peloton, the stock of the day if not the week terrific Earnings Report, huge increase in sales and a rosy projection for the future. Watch that stock go. Peloton is up 9 at 97. I have three quick headlines for politics and money. Microsoft says russian chinese and iranian hackers are targeting the 2020 election. No impact on the stock of course but this is a clear warning. Joe biden is embroiled in a teleprompter dispute. Does he use one to help them answer questions. Surely that is out of balance but articulate president ial candidate. In the nfl is back completely protest into and thumbs you will see it all. September 11
More Domestic Travel to a little more overseas travel now. Theaad lets get to markets and have a look at what is going on. Nikkei, in with the leading japanese shares, just seeing stocks drifting to the upside. We did see jobless numbers come out. Slightly better than expected, looking for a 3 jobless rate, but 2. 9 . Looking elsewhere, retail sales out of hong kong, looking also at the futures for the u. S. , pretty much flat. Asian equities drifting slightly to the upside. Looking at the shanghai composite, lets look at how the gpi is behaving as well. Just about flat. The shanghai comp, 0. 2 lower. Chinese Economic Activity continued to rebound. Expansion in manufacturing activity, just slowing slightly there. A Rate Decision out of australia later on. Expecting the rba to keep rates. And the singapore market 0. 6 lower. Quick check on the currency is, weve got a fifth straight monthly drop for the dollar. Bloomberg dollar index down by 0. 25 . The yen, a tad weaker. Euro currently
That 10,000 mark and close there. The market picture is mixed, of course, as george floyd is laid to rest in houston. You are looking live inside the fountain of praise church as the Memorial Service continues. The death of the africanamerican man in Police Custody just over three weeks ago was the spark for protests on racial inequality and police brutality. Major corporations, you have seen this, we have told you about it, rushing to pledge support for the cause. Randall pinkette is not only the winner of season four of the apprentice but he founded and runs a company that actually leads corporations in a whole bunch of Government Agencies to overcome the racial divide. Hes here and he will tell you which companies are doing it right and what else has to be done to achieve true equality in the workplace. Forget carmageddon. Vroom is shooting straight up after its ipo today, up triple digit percentages. Wait until you see that. The ceo of the online used car dealership is here on whet
Threephase deal he calls it substantial. He says its bigger than previous iterations of the deal. And some of the items you mentioned were in it a pledge on currency transparency, a pledge by china to buy up to 50 billion in u. S. Agricultural goods a tariff hike that was planned for october 15th will not be going forward. And the signaling from the trade representative ambassador Robert Lighthizer was that there will be many weeks between the signing of the phase one deal and the december 15th tariff hike or the december 15th consumer facing tariffs to potentially deal with those. Thats going to be important to the market now whats interesting about todays announcement was that up until earlier this woke the president said vehemently that he wanted a big deal he wanted a comprehensive deal and it was not his preference to do a deal in pieces. He was asked that question multiple times this afternoon about why he chose to structure the deal like this given president promises that he had