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Sweet caroline. Good times never seemed to so good. Ive been inclined. To believe they never would. But now i cheryl welcome to fbn a. M. Good morning, everybody. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl once again, we do have red arrows. Investors really focused on china and the trade talks. Its been months of negotiations. Dow is down 21, s p down 2 and three quarters, nasdaq down 4. Lauren markets are china are back open after a week long celebrating communist rule. The nikkei is up 1 . Cheryl in europe this is another trade sensitive story, there is brandnew news on brexit were going of to get to in this hour. The ftse barely higher, the cac and dax are lower. Well, trade, once again front and center this morning. High level talks are set to kick off later this week as deputies are trying to work on a deal between china and the united states. But there is a major Sticking Point that could hold up this ....
Maria big show this morning, joining the conversation fox business Dagen Mcdowell, benchmark capital kevin kelly and forbes media chairman steve forbes is here. Good to be with you. Maria a lot happening on the china front, futures indicating a lower decline, lawer move at the start of trading, dow industrials down 91 points, s p declining 8 points and the nasdaq lower by 16 as tensions between u. S. And china ramp up. Here is the latest, washington added 28 companies to an export blacklist over their role in that countrys crackdown on the Muslim Minority group, beijing warning of retaliation to stay tune, highlevel trade talks to begin on thursday, the president weighing on a potential for a smaller agreement yesterday watch. I would much prefer a big deal, i think thats what we are shooting for, maybe, who knows, probably unlikely. So i would say you heard the story here f ....
Broadcasts of preseason games are suspended in china while the nba commissioner says profit can come before principles. And as we said, boeing under pressure, the company sued by the Union Representing pilots at southwest over the now grounded 737 max. So tensions between the u. S. And china ahead of trade talks expen scheduled for thursday in washington targets include ai startups, a spokesperson for the Chinese Foreign ministry quoted as saying stay tuned for retaliation. And then there is additional reports out of the Chinese Press theyre going to cut their visit short by a day not carrying the official title of envoy, they havent been given official instructions from xi. You couldnt have a worse way to start these talks lets go back, run the tape back to friday. Larry kudlow was optimistic something would happen ....
China is hosting enormously lavish events to mark october 1st, the 70th anniversary of the founding of the peoples republic of china. The communist leadership has organised a huge military parade in beijing, and is hoping the big day isnt overshadowed by demonstrations in hong kong. Live now to beijing our correspondent robin brant is there. What you can probably see what you can policy now is a long shot. That is why the consequences of the industrial progress. Over the last seven decades, since its founding in 1949. I keep picking down to the left. The only one amongst the senior leaders. The most Senior Leadership here in china. He is now 93. This is the beginning of the parade. Taking part, about 600 pieces of military equipment on display. About 160 aircraft flying over. The military on the run up to today, have said they dont want this to be seen as a show of force, china flexing its muscles. There might be some scepticis ....