States right now in washington, fragile hopes for a stimulus deal remain Speaker Pelosi and secretary treasurer mnuchin are expected to talk this afternoon in hopes of getting a deal done. A full economic recovery has a long way to go and another expert said many lost jobs may not come back. All 11 s p sectors are lower 59 minutes to go we are making new session lows with the dow down 400 points. Lets get to the market downturn we just referenced. Mike santoli is tracking all of the action no trigger but a clear response. The only trigger that seems clear at all is the mark of 2 30 eastern time, when the downturn accelerated. It seems as if it is essentially kind of getting ahead of the close, peeling down exposure we did have that good rebound into last week from the late september lows we had some positioning indicators suggesting people were full up on equity there has been a pattern of strength overnight in equity futures opening up strong and selling throughout the day it seems li
During a speech at the Brookings Institution in washington, d. C. After he spoke, china policy experts talked about chinas Regional Power. And president xi jing pings leadership. Good morning. My name is bruce jones. Im the Vice President and the director for Foreign Policy here at brookings. It is my pleasure to welcome you here. I see lots of old friends in the audience and several new ones. Its a pleasure to invite you to our event. Im delighted to welcome randy back to brookings. Weve been fortunate to engage him on several aspects of our policy research. And while hes been serving in the Administration Since 2017, and randy, thank you for your service to our country and the Important Role you play in this administration. Randal schreiber was appointed on jan 8th, 2018, prove lees having served for east asian and Pacific Affairs under which portfolio he covered china, taiwan, hong kong and aus tailia, all the easy stuff. Earlier he held the role of also served as an active duty Nav
Big show this morning, joining the conversation fox business dagen mcdowell, moodies capital chief economist john and the brewer ceo, former investment banker and nfl player jack brewer. Dagen good morning. Maria we keep falling the bouncing ball with china story, yesterday when i spoke with wilbur ross played down november 17th when the president will meet with xi jinping to sign the documents and paper it up as they say. Dagen maybe better to set expectations low and theres only one president of the United States. Maria absolutely. Showing progress and hopefully close the deal as soon as possible, i think the market anticipates an end to this particular matter and thats a positive. Maria markets are positive feeling a sense that maybe theres something on the table but markets are fractionally moving. Chinas vice foreign minister and President Trump weighed in on negotiations and talked a bit about potential deal watch. We have a summit in chile or wherever that may be, able to sign a
Years. Look at what has happened. There has been running violence with the police and violence. Police did discharge a firearm into a protester. He is in the hospital. He has been shot in the chest. He has injuries that are not lifethreatening. There were also running instances of civil disobedience and vandalism. This is an entranceway to the causeway bay station. This was a big bonfire and that is what we have seen across the city as the frustration mounted. We are at midnight now. Who knows what will happen tomorrow because there is no solution on the table. There is still ongoing polarization. Thed thank you so much for terrific reporting from hong kong. Stephen engle in hong kong. Not the anniversary president xi anticipated. Now we go to Kevin Cirilli in washington. It seems like every time i open a newspaper there is an extension of the impeachment inquiry. Night the New York Times reporting President Trump had asked australian Prime Minister Scott Morrison about looking into th
Announcer news to build a better bay area. This is abc7 mornings. Good morning, everyone, it is sunday august 18th. We are starting our morning with quick look at our forecast. Heres meteorologist lisa argen, good morning. Good morning to you. We have had a combination of clear areas. Now the fog is beginning to move back in. Heres live doppler 7. Check out santa cruz. It was plain old cloudy a while ago. With the mist and drizzle it looks cool out there. Inn sfra, sun, 64. 67 in oakland, partly cloudy. We are 0 in gilroy, low 60s in san jose. The golden gate, yep you are beginning to see an beyond shore flow. We will have a cool day. Right now it is in the upper 50s for much of the north bay. Napa at 61. Petaluma at 61. Mid 60s in the inland valleys. Heres san jose. The rest of the day today featuring more sun. The committeesal clouds. Low to mid 70s around noontime around the bay and inland. The coolest day today out of the next seven. Then we will talk about the warming trend, where