From theto the concern economic hit caused by the pandemic. We have job losses here with a more modest hit in this part of the world. Else is going on out there and quickly looking at the dollar index is. We do have the dollar steady at the moment. We had the surge in the dollar seeing a little bit of a spike taking place. Being seen as a haven currency. The yen, 104. 49. New york crude, what we have here is a plunge taking place overnight. Nearly 5 . They recovered a little bit from that. 8 10 of 1 . 67 a barrel for wti. Gold the steady, but not really acting as a safe haven. We have breaking news, the dow jones reporting that it may close to buying nc, according to people and what would be the second Big Semiconductor tie up this week as the industry rapidly consolidates this deal. It could be worth 10 billion. Thats according to the dow jones. Dow jones reporting marvell could be close to buying inphi later this week. Lets get our first word headlines. Not european leaders are impos
General election is held every 4 years it is really a tough decision to delay it but we want to ensure fairness we want to ensure Public Safety and health but your end it now is the most scandalous Election Fraud ever in hong kong history they get this qualify us they could arrest everyone they could even call of the election and create a pop at Parliament House where just gather with beijing loyalists however none of this can overturn the strong mandate for modest 600000 hong kong what passed that belit the citys 1st ever primaries early this month our boys is clear allowed to the world. Through kampala was born. They had been building up to this announcement over the past week or so saying that hong kongs increase in corona virus infections would be. Irresponsible to hold these elections under the Current Situation but opposite the opposition says and critics say that hong kong has always been quite successfully been able to contain its coronaVirus Outbreaks its been successfully abl
The dow industrials up just a few points at the opening bell, 11, maybe, but look at that level. Back to 28,000. Modest small loss, small loss for the s p and also for the nasdaq. So look, everybody, sit back, you are going to watch financial history. History being made in hong kong, too. Sure looks like open rebellion. The street fighting has escalated. Police besieged one of the Main University campuses which they say was being used to make weapons. A Police Officer was hit by an arrow. Ominously, the Peoples Liberation army, chinese troops, in plain clothes, appeared on the streets on saturday. That was taken as a grave warning. Add all this up, it is beijing versus the people of hong kong, communism versus democracy. It is a bloody fight and it is not over. In the United States, the democrats want to remove this president from office because of a phone call. Varney company is about to begin. Stuart okay. Lets talk stock market, shall we . Dow closed in record territory friday, abov
We reach midnight there. China is ready to retaliate again in the trade work. What a rehearing . Trump saying today that any deal with china has to be on our terms after china threatened today to retaliate washington coaster. Promising to take necessary Counter Measures of trump follow through on plans to impose a 10 tax on additional 300 billion in chinese imports, this could lead talks in limbo. This morning, chief of staff mark said this morning that they are looking forward to plan talks between the two countries that fall. I think secretary nguyen continues to have open communication with china and we are hopeful there will be additional talks this fall. I think they are pretty consistent in needing to change the past. Spokesperson telling reporters today they hope the u. S. Works through a deal and builds on term agreed to sing, we help the u. S. Can work with china to work out a mutually acceptable solution for the dialogue into consultation with mutual respect. Donna is not jus
Right we begin with breaking news out of the u. S. State of ohio where a shooting has taken place police say 10 people have been killed including the gunman in an area in daytons oregon district 16 people were taken to hospital with injuries yet the eyes also on the scene and investigating so far theres no indication of a motive. Well this all comes on the heels of another shooting in texas police that the rest of the 21 year old white man suspected of killing at least 20 people the gunman opened fire at a Shopping Mall in the city of el paso which is on the border with mexico president has called the shooting an act of cowardice police are investigating the possibility the attack was a hate crime is the worst mass shooting in the u. S. This year as rob reynolds reports. Heavily armed police moved through a Shopping Center in El Paso Texas after a gunman opened fire in a crowded area. In other parts of the Mall Shoppers were held in place while people tried to work out what was happeni