By the United States of america. You go out and look at all the speculation. I would suggest right now it is speculation about what china will do, but there is no speculation that they will do something. Jonathan there is a broader story to acknowledge, whether it is the economy and trade, whether it is foreign in the , the commonsea denominator is trust and the lack thereof. You see it playing out more in the last couple of months. Tom it is worldwide. SyrIan Duncan Smith was on. Ir Ian Duncan Smith was on there is a Global Messaging here about china and what to do with their economic and military assertiveness. Jonathan for the equity market, we are down just eight points on the s p 500. Market participants dont know what to do with that story. This has been the take away for the last several weeks, every time we see a headline like this. We come back pretty quickly. Lisa trade tensions were a tear bleed through into the economy. Result, an unclear less fuzzy result that we are is th
1. 5 two year just below that at 1. 478 overnight in china, look at those stocks and youre going to see the nikkei was up by 2 , 2. 1 in shanghai, market there up by a percent and hang seng closed flat and then if youre looking at what has been happening in europe with the early trading taking place this morning, you will see mostly green arrows there. The cac up by. 9 . So is the dax. The ftse down by half a percent. Cnbc has you covered for all of the big global stories that are moving markets today were going to take you to hong kong for the latest comments from carrie lam. An update on the political crisis in the uk over brexit exclusive update on the tariff fallout for small retailers. Lets start in washington now, with the news that the the big news that is moving the markets now, trade talks with china, set to resume next month. What do you got here the news breaking last night out of beijing, the Foreign Ministry issuing a statement, here is the cnbc translation of the Foreign
Probably one of the biggest in terms of Enterprise Companies going public during this ipo vintage. We awere here last year for the uber ipo slack today. Well bring you lots of news about it its a different type of listing, its a direct listing well talk about all of the dynamics around that for now, back to you we talked about that direct listing earlier this week. The pros and cons to it again . There are some pros and cons. You can only do it if you have a lot of cash on the Balance Sheet. This is a company that does. If youre trying to raise money, it doesnt work this way theres no additional money that gets raised the way uber was raising money and wework will be raising money. Well see if it becomes a model. Spotify did it successfully. Slack is doing it. If there works, theres a question on whether airbnb, the next ipo on the docket in the future, theres a question if they go the same route it has a huge implication for wall street, wall street fees and the ipo structure. Andrew,
Higher in afterhours trade. Shake shack also sizzling in extended trade. The burger chain posting stronger than expected 13 rise in samestore sales, thanks to the return of customer favorite crinkle fries. Lets bring you the german zedd aug zew numbers, august is up from 63. 9 in july, ahead of the forecast which was 64. 7. We also have the Economic Expectations, which has come in below. Its come in at 25. 0, down from 29. 7 and below expectation of 32. So, Current Conditions better than expected, Economic Expectations slightly worse than expected. As you can see, euro dollar 1. 1036 today. Its up about 20 basis points and hasnt really moved too much off the back of this zew reading. We did see a massive rally on wall street overnight. Lets look at how its looking this tuesday. The focus now does turn to the u. S. Retail sales number, which comes in tomorrow. The health of the consumer, of course, will be a topic of discussion. In the meantime, were looking at the dow right now down ab
Businesses that must confront and financially prepare for threats that seemed unimaginable just a few years ago. Jane wells is for us in las vegas. Reporter mgm resorts has announced its canceled all shows tonight. Thats what one thing people come to enjoy. Now coming to veg goods may change. In a place where people go to forget their troubles, they became sitting ducks sunday night to a lone gunman whose motive remains a mystery. I cant get into the mind of a psychopath. He lived 60 and reportedly had been placing large wagers, but for whatever rover, sunday night broke out a window across the street, killing dozens and hundreds ended up being injured. I didnt know whether to run, to stay, to duck. Its the worst mass shooting in u. S. History. It was an act of pure evil. This is a crazed lunatic full of hate. While Police Search pad docks property in nevada, nbc news has learned that his father was a serial bank robber in the late 60s once on the fbis most wanted list and diagnosed as