A plan to reform the rules and find them homes. Paying their respects americans on a Ruth Bader Ginsburg as the battle heats up over who will replace the Late Supreme Court justice. He just limits with his support is a limb people denies the scots ways to host the game safely amid the gorillas pandemic and in the n. B. A. Playoffs the comeback is on yet again for the Denver Nuggets as they beat the l. A. Lakers. Were beginning with breaking news from the u. S. State of kentucky a grand jury in louisville has indicted at least one officer involved in the killing of the owner taylor in march with wanton in danger mint 2 others are going to face no charges the citys mayor has declared a 72 hour curfew and to supporting protests tanna a black Health Worker was killed at the age of 26. 00 in a botched drug raid though no drugs were found on the property or names become a rallying cry in demonstrations against Police Brutality and Racial Injustice. His attorney general speaking live the case
Opened. It looked like we were headed for 1 plus drop. Lets get the details on what happened overnight. Time now for Global Exchange to bring you todays market moving news from around the world. Joining us on the phone from france is bloombergs maria tadeo. From hong kong, we have enda curran. Here in new york, bloombergs michael mckee. We start in france with the g7 summit wrapping up. We just heard from President Trump and indian Prime Minister narendra modi. The highlights from this morning, and what happened over the last 72 hours . Maria the conversation here was mostly about trade. European officials were concerned that perhaps donald trump would go off stripped would go off script and could signal a recession in the trade war. Goodid he had a very meeting with angela merkel. Remember, the relationship between the two of them has been rocky at times. He also said hes looking forward to working with the european union. The other big surprise was that very short trip from irans for
Dagen a big show this morning everybody. Of course well be covering the weekend shootings in el paso, texas and dayton, ohio. And the political call even the nationwide call for something to change. Joining the conversation this morning, barons associate editor, jack howell, lee carter and mitch rochell. Welcome, all. So much to cover. So much to cover. I dont even know where to begin today. Dagen a somber morning for this nation, most certainly. Lets start with trade and whats going on in the market. So our top story, trade tensions, Global Futures and markets around the world, u. S. China trade talks at a standstill and possibly taking a step back. The chinese yuan taking a step back, many see it as a response to President Trumps planned tariffs and a sign that any trade agreement is on hold. China hitting American Farmers, asking china asked state owned companies in that nation to stop importing american agricultural products. This is according to bloomberg news. China denying the a
Without getting technical, the shift in Interest Rates has raised the risk of recession. Bad news for investors. The dow is going to be down 370 points. That means we are down about 1,000 points from the middle of last week. The s p 500 down maybe 45, 1. 5 , and the nasdaq, thats on track for its longest losing streak in three years, down bigtime across the board. Look at this. Talk about a flight to safety. Money pouring into u. S. Treasury bonds and yields are tumbling. The tenyear, the benchmark Interest Rate, now yields just 1. 78 . If theres any Silver Lining here, its the likelihood of even lower Mortgage Rates in the immediate future. The price of gold, that is a sixyear high. That is also part of the flight to safety. Bitcoin, bitcoin, money is flowing in there, too. Its back to 11,800 per coin, up more than 20 in the last week. Heres what we have to start the new week. A currency war, a prolonged trade fight probably, a stock market selloff bigtime and a universal flight to so
The democrats are worried about the jungle primary system, concerned that too many hutt districts they hope to flip this fall. Already some evidence that may be the one big contest has been a republican has made it o the ballot, which could help with downlot races in november. Kyung lah, a lot to get through. Walk us through, so much talk about this socalled jungle primary and how this was going to shake out in california. Walk us through it. Well, there are a lot of certainties and theres a lot of questions. Lets start with what is certain. You mention, christine, the California Gov race. We know thLieutenant Governor, gavin newsom, hes a victor in the primary. He advances. John cox, who trump tweeted support to. He advances. A concern for the gop here was, their nominee wasnouldnt make through. Cox makes itrough, that is expected to help people who are down ballot. The big question, the u. S. House races. There are seven seats that democrats hope the flip. Seven seats that Hillary Cl