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all-time highs for the dow and s&p within striking distance. but we have a tale of two tech movers. twitter shares are soaring on strong user numbers. peloton plummeting. no sleep as casper is set to make its debut here, pricing at the low endi, far from unicorn status. the february rally rolls on. the dow is on track to open at an all-time intraday high. china says it will cut tariffs on $75 billion on u.s. products in half, follows a similar move by the u.s. following the recent phase one signing. however, also being seen as a move to boost confidence amid the outbreak of the coronavirus and resulting economic impact. mnuchin is on tape saying the u.s. is probably not going to see 3% this year largely because of boeing, so a couple headwinds. yeah. look, these remarkable days i think have largely been china-related in a positive way. china seems to come in every day and do something china cutting v.a.t. the other day, injecting $75 billion, before that china i ....
Premarket, apple. Up 3 or 4 . 900 billion market cap, potential. Tim cook is giddy. Time now for your morning brief. It is jobs day. 8 30 a. M. , u. S. Payrolls out for october. Later, President Trump will depart the white house and begin his 11 day trip to asia. At 12 15 p. M. , minneapolis fed president speaks on housing and finance. Is he getting promoted . With neeljp morgan kashkari running. Looking at the payrolls report for october for a preview of what to expect. Bloombergs International Economics officer is standing by. Mike we are looking for two things. A big number as we rebound from the hurricanes. And anything else to talk about today because after this number comes out, no one will pay any attention to it take during it is just a rebound from the hurricanes that was distorted. No reason it would affect any policy makers. The one number inside the numb ....
Pitch as its expected to field acquisition offers this week. And unexpected fireworks from the Vice President ial debate last night. Well look at the highlights and the impact on the campaign. Amazon hitting another alltime high yesterday. Announcing prime reading, which unlocks thousands of kindle books for free. What that means for the industry. But first up, twitter shares rising in the premarket amid some increasing talk about a possible sale of the company. Comes more than a week after david broke the news that twitter has received expressions of interest from a number of Tech Companies that are considering whether to make a bid for the social media company. Little more color being flushed out by some regarding splits on the board between av and dorsey, the role nodas had in sort of driving morale. Yeah, interesting story from bloomberg. Our reporting sort of is where it ....
Parts of the economy are too good. We no longer need to be frightened that strong earnings mean look out. The Federal Reserve will make that earnings number the last good quarter. What a welcome relief. [ applause ] as march goes out not like a lion or a bear but a bull, the dow gaining 84 points, North Carolina up. 47 . How did this happen given how bad january was . I think we need to listen to the cautious janet yellen, the fed chief with the common touch who doesnt want to bring down the economy or bring down the world. Which is what january did, didnt it . Until she spoke yesterday we had to presume the economy was like a child. When you have too much fun, somebodys going to get hurt. Yellen changed the narrative. She said things are more fragile than they seem. She may feel there is too much fun on main street but there is no party. There is just a lot of people who ar ....
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