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We ended last week strong coming off a very weak base last week the best week since 1932, well, we continued some of that momentum today. The dow ending the day up 690 points pretty much most stocks you look at they were higher today we will get to those, the one thing that was not higher continues to be oil. Down 7 as well. Well get to more on oil and what it may be signaling throughout the show. Welcoming. We are pleased today to be joined by guy adami and dan nathan for the entire hour, we welcome in emily roland of john hancock financial. Its good to have you back here on cnbcs fast money you said it seemed like the indiscriminate selling might be over, that gave you some comfort, were you more comforted by todays action . Yeah, and its great to see, great to be here i have to give a huge shout out to everyone in Englewood Cliffs for making this possible to getting us all on. Thank you. I hope everybodys safe obviously, and ....
Where we bring you todays market moving news from around the world, from hong kong to london, madrid, paris, and washington. We want to start with the latest trade development. President trump signals he would be willing to wait for another year before striking a trade agreement with china. Pres. Trump in some ways, i like the idea of waiting until after the election for the china deal, but they want to make a deal now. We will see whether or not the deal is going to be right. Its got to be right. Alix joining me from hong kong is enda curran. This is very different from what we heard yesterday from President Trump. Value, it is clearly the strongest signal we have had yet from the white house that we may not have this trade agreement by the end of the year. I think it will probably, something of a shock to both the chinese and Global Investors who have pretty much been ba ....
Lisa and in the meantime, preparing for that washington d. C. Ceremony for july 4. David and if you dont want to watch that, you can watch the boston pops. Lisa right now we have a rather muted tone in markets. Nasdaq futures indicated slightly lower. In europe, a little bit of a gain. The euro gaining over the dollar. Cave on the part of italian leaders to European Union leaders on the part of their budget. David leaders getting something done. Lisa maybe. For now. David we are joined by lananh n guyen and michael mckee. Even as we are speaking, we have European UnionLeadership Meeting once again in brussels. Michael well, they are supposed to start meeting, but they may be watching our show. Lisa but slightly. [laughter] michael they are struggling to come up with a compromise. Germans and french seem to be workin ....
Inflation data still to come later in the week. So, theres a lot ahead of us obviously. Also worth noting today, the bond markets closed but importantly bond futures suggested a muchneeded rate relief could be on the way tomorrow as yields look as though theyll be decidedly lower. It will be interesting to see how that cycles through the equity market, but perhaps some of it already is. Our talk of the tape, the risk reward for your money and whether its about to get better as some are suggesting. Lets ask adam parker, founder and ceo of trivariate research. Interesting turn in the market. Yeah. You think it is in part because of what the futures are telling us bond yields could do tomorrow and well get some relief . I think so. You have weird days when the bond market is closed anl the equity market is open and the value of a lot of the Growth Stocks, as you alluded to, is correlated or associated with the perception about rates i ....
Took a stand. Whether he was backed or not, its a different story. And true moral courage to stand against your own. The rebel rabbi tells us why he must speak out. Good evening, thanks for joining us. Im joie chen. We look at tomorrow, when the president will give us his view of the state of the union. The most important scheduled address each year. Idea of a regular report carved the nation, and its even in the constitution, and it ensures us that we, the citizens, deserve some sort of measuring stick for what has and hasnt been accomplished by the president. And if we want to get a grip on how things are going, maybe we should look at the past. The Founding Fathers spelled it out in carl 2, and from the first president forward, there has been some kind of a state of the union address. And they have made it into an annual ketchup. How im doing, and how its going for the country, and this is what i promise to get done next year ....