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Region. One day after a deadly bomb blast at a hotel in neighboring somalia. The president also speaking out against republican president ial candidates who attacked his policies over the weekend. We have the latest in this war of words. Hey, chinas markets are set to open in less than 6 1 2 hours. So lets start the countdown. Liz breaking news. China chewing up wall street after demonstrating a week of stabilization thanks to massive government intervention. Last night a freefall so severe, it is affecting our markets negatively right now. Spin it forward, 6 1 2 hours away from the hang seng in hong kong and the shanghai and shen gin indexes opening again. What can u. S. Inspectors expect the day after the huge fall. How will it impact your money. We take it to the traders watching and waiting at trading floors around the nation and gerri willis. Scott, to you first. What do you think happens when china opens for business . Three hours ago, they said theyre going to put measures back ....
Consider the until this year, the reasons why inflation was low are not hard to understand. Its a combination of slack in the labor market, declines in energy prices, and a strong dollar that pulled down import price inflation. So, whats important in determining inflation Going Forward is Inflation Expectations by some, by many, by some survey measures of professional forecasters, those have been rock solid. We do also look at household expectations, which have come down some. Marketbased measures of inflation compensation as we mentioned in the statement, they have declined and theyve been stable in recent months, but theyve declined to levels that are low by historical standards. That might suggest that Inflation Expectations have come down, but when cant get a clear read, there are risk premia built int ....
On the phone with both leaders his desire to reform but obviously his goal was to have that discussion when they come in person and i think i mentioned yesterday the foreign minister of mexico is gonna come on the 25th or 26th to set the table and have at some of those meetings ahead of president meeting here. Now that hes officially in office. This is his first working day. I think hes been pretty busy and robust. I think you are going to see a lot more come out but there is a lot of things that had to get done and a lot of things that were working on as a staff to get him prepared. He will have a very robust week. Thank you guys appreciate it. [indiscernible] most of those people for the actions and the most important one. When you have the news come up. To them from india. [indiscernible] thank you for the question. I think that whether its india or other countries throughout the globe today as i mentioned the goal is to figure out countries and markets that we want to access that b ....
And it was enough. The first cutback in eight years. What does this mean for u. S. Drillers and trackers now. They look at whats going on here in the u. S. Naming his picks for commerce secretary and treasury. Our economic experts. The former commerce players on the warning signs that may be hidden within the big promises that are coming out from these new treasury and commerce secretaries. Charles gasparino has him breaking his beer with new revelations on this fight. Less than an hour to the closing bell. Lets her the kingdom. Breaking news. Novembers is turning out to be one to remember. We are seeing some historic moves. If you on stocks there is a good bet youre making some money. Now check for the 18th record close of the year. The slightly below. 10 in 2016. Not bad here. If you have your money invested in this large gold mine. Its very close to records. I can maybe this has something to do with the fact that in the aftermarket was starting to come off. Is trading near session l ....
Its a state that will play a major role of course in the general election, ohio. Well keep an eye on his comments and talk more about them later at this hour. Hillary clinton getting slammed by some over comments she made to, well, to our own Chris Wallace on the fox news sunday. A fat checker says mrs. Clinton was not telling the truth on one answer in particular. Well get the judges take. Andrew napolitano is coming up. There are new warnings to athletes and tourists headed to rio for these olympics well talk about. That will be something else. Back to the markets. Dow is dragged into the red for sixth straight day. Phil flynn price futures, fox business contributor. Watching oil trading in bear market territory. He is out in chicago. Lori rothman on floor of the new york stock exchange. Lori, to you first. August notoriously bad month for the stock market, right . Nasdaq looking good right now. So the nasdaq is outperformer. Tec ....