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P power lunch starts rite now. Welcome to power lunch. Stocks taking a turn mid day after the trade headlines. The dow is down about 75 points here a quarter of a percent. The s p down a quarter of a percent. Nasdaq is being hit the hardest. Momentum is under pressure check out shares of roku gett tg slammed after one analyst says stocks should be cut in half its on track for its worst week ever lets have more on the trade developments weighing on the market now we have the very latest. When trade talks wrap today, we were expecting a subset of that chinese delegation to head to the midwest to American Farm country to visit with farmers facetoface to talk about potential purchases down the road and to express their good will for maintaining relationship as of today those visits are called off the Chinese Embassy confirming that the vice minister of agriculture will be heading ....
Francine welcome to the pulse , l ive in london. Im francine lacqua. Coming up later in the program we speak exclusively to the zalando managing director rubin ritter as his company beat secondquarter sales estimates. Francine after that, we will speak to the rwe chief finance officer. Make sure you stay tuned for both these interviews. Manus a rare briefing has been held in china. As the central bank worst to restore calm following the devaluation of the yuan. Francine the currency experience its worst loss in two decades as the peoples bank of china says it would intervene. The Deputy Governor also in charge of the foreignexchange told the media respects the market, fear the market. He did not mention intervene the market. That is probably what he was thinking in the back of his mind. Manus indeed. And try to get some sort of market context. Class test. Lets talk to mark. Weve seen a little bit of a bounceback. Mark lets start ....
Vote to leave the european but after a tum, start, it turned out to be the best. The Dow Jones Industrial average up 19 points to close at 17,949. Nasdaq ad about 20 and the s p 500 taon four, but closed above the 2100 level. P rg its biggest percentage gain in about eight months. So, we now know how the first half ended and the sthaf started. The question for investors now is whats next . Bob pisani takes a look at the issues stocks face that could be Market Movers in the second half of the year. Its the start of second half of the year and after an already rough first half, the big question is where do we go from here in . N alternative to the tension stocks and the bears who believe valuations and earnings estimates remain too high and that t the year. There are all terrontives always have been. Of course, theres always gold. Gold hit a twoyear high today and thats gi ....
Vote to leave the european but after a tum, start, it turned out to be the best. The Dow Jones Industrial average up 19 points to close at 17,949. Nasdaq ad about 20 and the s p 500 taon four, but closed above the 2100 level. P rg its biggest percentage gain in about eight months. So, we now know how the first half ended and the sthaf started. The question for investors now is whats next . Bob pisani takes a look at the issues stocks face that could be Market Movers in the second half of the year. Its the start of second half of the year and after an already rough first half, the big question is where do we go from here in . N alternative to the tension stocks and the bears who believe valuations and earnings estimates remain too high and that t the year. There are all terrontives always have been. Of course, theres always gold. Gold hit a twoyear high today and thats gi ....
Vote to leave the european but after a tum, start, it turned out to be the best. The Dow Jones Industrial average up 19 points to close at 17,949. Nasdaq ad about 20 and the s p 500 taon four, but closed above the 2100 level. P rg its biggest percentage gain in about eight months. So, we now know how the first half ended and the sthaf started. The question for investors now is whats next . Bob pisani takes a look at the issues stocks face that could be Market Movers in the second half of the year. Its the start of second half of the year and after an already rough first half, the big question is where do we go from here in . N alternative to the tension stocks and the bears who believe valuations and earnings estimates remain too high and that t the year. There are all terrontives always have been. Of course, theres always gold. Gold hit a twoyear high today and thats gi ....