Well take you live as impeachment proceedings, of course, continue in the house. And a china trade deal hangs in the balance. Welcome to closing bell, everyone, on this big day. Im wilfred frost. And im Morgan Brennan in for sara eisen phase one trade deal may not be completed this year. Retail is recovering with target and lows shooting higher on strong earnings and fed minutes just out officials seeing little need for further rate cuts. Joining us for the hour, josh brown, ceo for Wealth Management. Whats happening . The president stepping off the plane. Yeah. Look at this. Dow is down 142 points, s p is lower, too. Trade, is trade once again dictating the action again today . At the margins. I dont think the majority of Market Participants are making big changes in what theyre buying and elling. Even if theres resolution on, quote, unquote, phase one, will be with us for the duration. If you are somebody who was going to make a radical change to portfolio based on trade, youve had t
Johnson threatens a general election road map begins with new tariffs on chinese goods hitting over the weekend. No talks between the u. S. And china in sight. Hurricane dorian battering the bahamas as coastal u. S. Braces for the worst and a longer wait for boeings max, could friction between the company and air safety authorities threaten a new delay for that fleet futures, though, slipping after the new tariffs on roughly 110 billion in chinese imports went into effect on sunday. The 15 u. S. Duty hits consumer goods rafrning fr s ranking fro apparel. Reports say that getting some parameters for new talks is proving to be difficult. Exactly i think that if you want to look at the bright side of that, the preopen this morning says there was no real hope for averting the tariffs. It is not as if you have a deal being handicaps now in terms of what the market is expecting on the other hand, bond yields still at their lows, not giving much of a sense that were through this period of jus
storm clouds for donald trump. a new report says the manhattan da may file criminal charges against the former president. what prosecutors are offering before making their move. . then bracing for the jobs report. new numbers coming just hours from now. that could sway the fed s fight on inflation. a rampage in germany. a gunman opening fire inside of a church that leaves seven killed. we have the latest on the on going investigation. also, heading to iowa. governor ron desantis is making his first trip to the state today in what could be a major step towards a possible white house run. we re live in des moines. are you ready? folks in hollywood are. red carpet ready for the oscars. who will take home holy wlywood biggest prize? cnn this morning starts right now. everything we just said doesn t feel like a friday, right? very busy friday. we ve been talking about what is going to happen with the former president. but there are a lot of people throwing their hats i
Up, and has recouped a lot of losses. Beenlso a big help has stocks trading at a record. As we see stocks here at the highs of the day, and you heard scarlet mention Warren Buffett, ts a cap Archer Hathaway s tradinghathaway higher on the session, and another story on apple that we will be discussing throughout the day is a scoop by our apple reporter sake company is prepared to release a trio of smartphones this year, the largest iphone ever and an upgraded iphone x and a less ed bets of model as well less expensive model. Of thes into the theme tech outperformance we have been watching in todays session. Semi conductors have been outperforming in todays session as well as tech continues to lead gains. There are of number of Telecom Conference is taking place this week so there is of announcements and commentary from this conference is. Volume has been declining to some extent. , you can see the year to date drop and recovery in the s p 500, but volume spiked while stocks were falling
Were going to speak to woodman ourselves in an exclusive interview to talk about the outlook for the company and that gopro drone crash over the weekend. At the padres diamondbacks game as a matter of fact. Toll brothers losing Early Morning gains after a weak number for new home sales. We have a debate, bull and a bear, talk about whether these housing stocks are worth buying right now. But we begin with amazon Shareholders Meeting taking place today in seattle, talk of a potential stock split. Believe that when we see it. Deidre is at the meeting there. What happened today . Reporter hey, guys, well, wrapped up just over an hour ago. A lot of happy investors. Amazon stock run up 40 in 12 months. This was interesting. One shareholder noting that amazons stock is approaching a thousand dollars a share. Noted that its less and less accessible to a younger and middle class investor, so she asked jeff bezos why it seemed amazon was going the way of berkshirehathaway, and whether he consid