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Winning streak falling by 300 points yesterday take a look at whats happening. Yesterdays session, the dow was down s p dipped back in for the year inching its way in the day before the nasdaq did power to a new record close and briefly broke above 10,000 for the first time. Lifted by amazon, apple, facebook and microsoft which all closed at record highs adding about 5 trillion. About the amount well spend in federal spending this year also take a look at whats been happening with u. S. Equity this hour both the dow and s p are under a little pressure. Dow indicated down by about 60 points s p down by 3. The nasdaq, even after all these gains is indicated up by about 17 points this morning taking a look at whats happening in the treasury market the 10year seems to be yielding 0. 797 crude oil prices are in the red. Crude oil prices, talking about the recovery theyve made. Talking about wti. Down about 2. 3 . What an improvement or a gain in crude oil prices now above 38 thank you it is ....
Downgrading most advanced economies. You can see right there, these numbers 3 for the world, 2. 4 for the u. S. , 1. 2 for your area, 6. 1 for china. These are all down you see there from the prior forecast and also mostly except for japan down from last year. The imf saying in its report, Downside Risks elevated. Brexit related risk to hinder confidence and growth. Theyre down on this trade issue. Very quickly, they do see something of a moderation next here in 2020 we go back up to 3. 4 it isnt the advanced economies this get there theyre looking for a turn around in emerging markets and developing countries four things the imf notes needs to be done theyre saying International Response may be needed if things get worse from here. They say Monetary Policy cannot do it all. There is a financial risk created fro ....
Ahead of the trade talks in washington we just heard from President Trump on those trade talks lets get straight to kayla in dc with the latest. The markets have been whipsawing all day in response to chinese officials telegraphing exactly how they feel about the trade talks earlier today we had chinese officials telling bloomberg theyre open to a partial deal even though theyre frustrated by the black listing of 28 security and technology companies. Then we had a report about purchases of soybeans. Then we had a reuters report later in the day that said that chinese officials because of the black lifting by the commerce department, they are lowering their expectations for the outcome of these trade talks perhaps a shot across the bow to the u. S. Government as it tries to figure out exactly what to do behind closed doors and what potential truce, deal or no deal to accept or leave on the cutting room floor as it were. That repor ....
International news outlet since taking office. Jason and its showtime, the brewing battle for dominance in the video industry. Why 2020 will be the hunger games of the media industry. We begin with joel weber. How do you put an issue like this together . Joel our goal was to program conversations at backyard barbecues. A little bit of everything for everyone. Streaming will be a conversation that unfolds over the next year. Media and Tech Companies will go to the mattresses and spend billions warring with each other. Taylor another big story, walk me through that. Joel victorias secret, a huge business rising for years, and now it is starting to fall. The Jeffrey Epstein scandal continues to unfold, so we step back and say epstein aside, this business is about to go through a lot of changes. Jason Lance Armstrong is ba ....