Its an ugly day on wall street, all major averages are down 2 . The dow wiping down 900 points in just two days we are on track for the worst start to the Fourth Quarter since 2008 and tech, one of the worst performing sectors today, check out some of these moves, microsoft, apple, visa, cisco all under pressure for more, lets get to bob posani a slowdown, not a recession thats a consensus will change the way you look at things a week consumer would second the country down for an Early Warning sign, ive been watching these big consumer stocks that have done well the last few years doubledigit gains here, theres some cracks showing. Starbucks has been weaker in the last month its down about 12 . That may not be surprising given how china is in its portfolio. You see some of the consumer giants here. You can argue, go to the defensive stocks these stocks have had large runups this year. That play has already happened these are very expensive names right now, coke, kimberly clark, Procter
To reach a deal to work with the uk team. Also on the programme. In the oval office, President Trump takes the impeachment inquiry to a new level accusing the whistleblower of being a spy and a top democrat of treason. These are bad people, these are dishonest people, and when the American People find out what happened, it is going to be a great day. The democrats plan to issue more subpeonas and warn the white house and the secretary of state not do anything that will obstruct their probe. Hello and welcome im Michelle Fleury in washington, Christian Fraser is in london. Borisjohnson has delivered his long awaited plans to the eu today in an attempt to secure a brexit deal. His proposals to replace the irish backstop are ambitious. The Prime Minister said both sides will need to consider whether there is sufficicent willingness to compromise and move beyond their existing positions. As things stand now, both britain and Northern Ireland are part of the Customs Union and the Single Mar
Network, all this is happening with the looming democratic impeachment inquiry push. Blake burman at the white house. He has a preview of the president s remarks. Other things may com up. Reporter clearly one of them weve been following what is going down on the corner of wall and broad. That has caught the attention of President Trump as well. He sort of shifted the blame today what is behind what is going on in the market yesterday. He hit one of his favorite punch ing bags jay powell. Today he was pointing the finger at democrats in a tweet this morning, quote, all this impeachment nonsense going nowhere is driving the stock market and your 401 k s down. That is exactly what the democrats are want to do. They are willing the president says to hurt the country with only the 2020 election in mind. That tweet came as nancy pelosi and top democrat on the House Intelligence Committee adam schiff were giving a press conference on capitol hill. The president continuing to call for schiffs
Ladies and gentlemen, the president of the United States and the president of the republic of finland. Pres. Trump thank you very much. Thank you. Look at all the press you attract. That is very impressive. Pres. Niinisto they are not after me. Pres. Trump i hope not. You are lucky. Thank you very much. Today is my honor to welcome president niinisto of finland to the white house. Mr. President , it is wonderful to host you once again in washington. We have gotten to know each other over the last period of time and it has been a great experience. The president and i just concluded very productive discussions on a number of exciting opportunities for our two nations. Before going further want to express our deep condolences over the horrific stabbing attack that took place yesterday at a college in finland. America is praying for the victims and their families. We send our unwavering love and support. Pres. Niinisto thank you. Pres. Trump the american and finnish people are linked to a
That there was an immediate assumption it had been designed to fail clearing the way for the u. K. To leave the e. U. With no deal. So it all feels like what you might call a long shot but dont underestimate just how much some European Countries want to get rid of what they see as the british problem and as well is that the johnson plan involves kicking parts of the irish border issue for years down the road who knows what the worlds going to be like johnson now has to see if the u. K. Parliament has any more appetite for all this in the e. U. If it all gets rolled out he will say hes tried and everyone else is to blame the question by then will be if hes still in control of events largely aljazeera manchester. Well president of the European Commission says johnstons offer has some problematic points for more reaction from iraq lets cross live to Natasha Butler whos in paris so not overwhelmingly positive reaction so far as i can see. No the message from the east side of things seems t