Of more support. European futures point to a negative open. A Company Agrees to buy its pivot toa deal as they innovative therapies. Good morning to you. Welcome to the European Market open. Just under an hour away from the start of cash equity trading in europe. Lets get to the futures picture. This is what weve got for you. Its interesting when you cast your mind specter friday. Friday straight and did with a minds back to friday. You might expect to see more catch up in the futures story for europe. Futures,or the bottom European Equity futures suggesting more down. Ftse futures fairly flat. It looks flat for the european start of trade. Interestingly, u. S. Futures expect to go higher even after we saw more strength in the u. S. On friday than in europe. We see more room for maneuver to the upside. U. S. Futures point higher. Lets get to the gmm. That shows you one of our headlines, around china, pboc injecting liquidity into the market. A lot of people are asking whether we will s
I think its going to be significant, 46,000 or 48,000 but you have the supply chain for gm, all of the construction around gm, so youve got a lot of ancillary folks that have been out of work and manufacturing isnt necessarily what drives the economy, its the consumer primarily and we are a service economy, and even though the numbers might be good, its the manufacturing thats really going tamp down here. Neil john, one one of the thins that im hearing to daniels point, not just 48 to 50,000gm striking workers impacting this but up to 200,000 more in ancillary business suppliers and the rest. What do you think of that . I think the estimate that roughly 75,000 to 80,000 jobs being temporarily lost because of gm strike. Neil okay, so if thats the case and they factored that in, is this just a oneoff, what do you think . A lot of reasons it can be a oneoff, results of slowdown at boeing, census workers who were temporarily hired and maybe are coming off the rolls, a lot of noise in the n
Picture. Goldmansachs expects the fed to begin easing in q2 of next year. Also ahead, were going to talk about what is next for the tech sector. This is in the midst of whats been a rough august at least so far. Were down 7 month to date. And letter x Surging Company rejects an unsolicited takeover offer from its rival, cleveland cliff. Lets get some other news, though, as well, as we start the show paypal has a new ceo whoa. Yeah. Alex, who currently runs the Small Business and selfemployed group for intuit, is going to take over from paypals longtime ceo dan shulman on september 27th according to members of the board a little earlier than expected they conducted the search for paypals new ceo shulman will remain a paypal director until next may. Chriss being hired was a result of the process where the board interviewed nine ceos. They reduced that pool to four candidates and then they chose mr. Chriss members of the Board Selection Committee tell me he impressed them with leading a d
Frustration at a deal that critics say not only allows iran to cheat, but invites them to do so. Laying out a clear, bright path for iran to develop an atomic weapon, while lavishing iran with tens of billions of dollars to buy weapons and to fund terrorism. We take up what is to happen next with this deal, which should be a treaty with republican congressman lee zelden. Also tonight, the once inevitable Hillary Clinton continues her precipitous fall in the polls. The democratic frontrunner facing negative headlines in recent days from benghazi to email scandal to falling approval ratings. How does she top all of that . How about a hair cut that costs more than the average American Worker makes in a week . Also tonight robert kraft, owner of the new England Patriots, one of the nfls most respected and powerful owners firing back at nfl, and make his contempt for Roger Goodell absolutely clear. It may well be that goodells job hangs in the balance. Well discuss whats next as it becomes
Critics say not only allows iran to cheat, but invites them to do so. Laying out a clear, bright path for iran to develop an atomic weapon, while lavishing iran with tens of billions of dollars to buy weapons and to fund terrorism. We take up what is to happen next with this deal, which should be a treaty with republican congressman lee zelden. Also tonight, the once inevitable Hillary Clinton continues her precipitous fall in the polls. The democratic frontrunner facing negative headlines in recent days from benghazi to email scandal to falling approval ratings. How does she top all of that . How about a hair cut that costs more than the average American Worker makes in a week . Also tonight robert kraft, owner of the new England Patriots, one of the nfls most respected and powerful owners firing back at nfl, and make his contempt for Roger Goodell absolutely clear. It may well be that goodells job hangs in the balance. Well discuss whats next as it becomes clear that goodells handlin