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Hill how this could impact the market and how the impeachment inquiry could to from here. All that and so much more on making money. Stocks were sliding a little bit off the session lows of after a report the Trump Administration will not renew waivers set to expire in november with respect to huwai products. However there is a source telling fox there is no decision on extending those temporary licenses right now for the chinese company. Point view Wealth Management david dietze and monica mehta. Let me start with you. These seem to be speed bumps. Theyre not derailing the market. It is off less than 100 points. Here is what im seeing that is really intriguing. The report is out. America leveled sanctions against chinese oil tankers. On the other hand the Chinese Foreign minister we dont want to play game of t ....
Yes, you heard it right. That debate is ahead but first lets get a check on the markets, and its kind of the wild west out there. Lots of movers the s p seeing lots of good, also a lot of bad and downright ugly movements the good, for instance, viatris beat on earnings, the bad, tyson foods missing on top and bottom lines citing lower demand and look at Sage Therapeutics slashing the price target this comes after the news force the rejection for its major depressive Disorder Treatment and the dow is actually moving towards session highs right now i should say, up 422 points, ty. Wall street cant seem to agree on whether or not were heading into a recession firms saying strong or maybe reversing their calls from earlier in the year. Reversing them generally towards the more dovish scenario inflation data out later this week, a key focus for many as we look for any sips ....
Well sit down with both c. E. O. s. Flying into the future. Were going to sit down for an interview with Virgin Atlantic and delta on the next steps in aviation. From new york, im alix steel with my cohost, guy johnson, joining me in new york. Welcome, everyone, to Bloomberg Markets. Guy you did really well. I thought we were going to say london. So nice to see you. Guy im a little discombobulated by sitting down, finding that whole thing weird. But side by side. Alix and chairs are squishy. Guy oh, yeah, i can lean back. All kinds of stuff. At some point if i keel over backwards, its not because im completely jet lagged, its because the chair doesnt work. Alix please dont do that. Guy we got a great show. So i come to new york, and it looks like things happen. Alix theres an oil deal, and then airline c. E. O. s, the best of both worlds on both ends. Well be talking to c ....
Potential expansion of opec curbs. The secretarygeneral says he is cautiouslylly optimistic the market is rebalancing. Met the kingister on wednesday. We got this take. Devaluation issue is the most important in my mind. Saudi want an ipo, 5 of the company, is to create the reality of the reserves. When we found this valuation if those valuations cannot be improved, that will delay the ipo in my mind. It will not be hitting one of the main objectives of why the saudi government is doing that. The other thing is, how the interest has rising been rising in the saudi market, that is a benefit not felt in terms of market people putting money. Now we see international investors, big investment banks. This is yousef that usually has an effect on surrounding market spirit by virtue of size and scale. I pulled up technical indicators for the dubai market. It has done some interesting things over the last few trading sessions. I put three moving averages in there. You can see that here in the l ....