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Things where its always on the horizon, were about to do it. I think they will do it. That will take a huge uncertainty out of the way, usmca, nafta 2, getting that out of the way. The other thing to avoid is a trade war with europe over auto parts and imports. With all the optimism, bank of america said 68 of managerses think the markets going to be good. Thats usually a bearish sign. Lauren i know. When everyone starts saying things are so good, mitch, you study this, you know the stock market, does that mean you should go in the other direction. Not necessarily. Think about what happened last year. We were worried about the fed raising rates. This year the fed lowered rates three times. The markets are sending them a message, saying we like lower rates. I think fed talk will be the thing to look at. I would look at corporate earnings next year. Baked into the market this year is the fact that next year will be a good year for earnings. Last year was a meh year for earnings. Lauren i ....
Phil flynn has his eye on oil and gold at cme. Hillary vaughn is live in dallas today at a google roundtable event. Gerri to you first on the rollercoaster session. Reporter wow, wow. You said it at one point during the day we dropped 336 point on the dow the within that hour we turned green. Maybe expectation after rate cut, maybe two by the end of the year. Traders like that idea even though the Services Sector appeared anemic here. Dow, one week. We were down 840 points combined tuesday an wednesday. Now we are in the green today. But on the week, the dow is down more than 2 . S p down more than 2 . Nasdaq down 1 . We have got a ways to go to see our way through this thicket. Dow laggards this week, 3m, one of the industrials stocks getting killed bit manufacturing report earlier in the week. Price target cut by barclays and credit suisse. Bad news for 3m. Theyre down 5. 63 . Caterpillar same story. Industrial stock getting ha ....
That protest organizers have called off saturdays demonstration. Were on it, guaranteed. Think of the timing here. Protest saturday night, maybe. New tariffs on china set for sunday, maybe. There is a connection between hong kong protests and china trade and our market, which by the way, does not reopen until Tuesday Morning. But look, its dorian that is the center of attention, certainly in florida this weekend. Its likely to make landfall monday and blast the state all the way through tuesday. Already, theres been a run on groceries and gas stations. President trumps canceled his trip to poland to be in america when dorian hits. Theres a nasty note here. A former Prime Minister of canada, kim campbell, tweeted that she hopes the hurricane scores a direct hit on maralago. She doesnt like our president. All right. Stand by. The latest on dorian coming up and well have the la ....
Police are attempting to negotiate with the gunman. So far six officers have been shot, three others injured in a car accident. All are being treated at area hospitals with nonlifethreatening injuries. Reports are one officer was shot in the head, another in the arm and a third in the hand. At least three officers are being treated at Temple University hospital. Dozens of police and emergency vehicles are on the scene and this incident is still unfolding. The emergency call came in at around 4 30 this afternoon according to audio obtained via a broadcast. It said, and i quote, officers call for everything you got, swat, long gone Law Enforcement can be heard sitting ive got an officer shot. The police then flooded the scene and to shoot up again. If some reports that there were hundreds of shots that were fired. It is believed that this began with a narcotics call to poli ....