Joy for amazon after poorly profit falls for the first time in more than two years. Shery mike pence sends messages of support to hong kong protesters. Check of theuick markets. Australia has open. Sophie . Sophie we are headed for mixed start with aussie stocks nudging higher by. 1 . Set 45th day of gains. Looking for the 6700 level. Those companies have reported with more due today. We are watching Samsung Electronics on the vice chairmans retrials for his bribery case. The south korean government is announcing this morning at the country will give up its withoping nations status the wto. Checking in on aussie bonds. The 10 year yield a creeping back toward 1 . Pimco snapping up australian state debt. Of the as speculation are present and rba have to follow the fed and have quantitative easing. Euro, slipping to a oneweek low. Advance. Ed its early pmi, split, on the thought of whether a boost in the pound would result from brexit. Shery we have breaking news. Budweiser brewing for a
Candidate steve forbes, im going to let you talk amongst yourself and let you talk, so interesting what you have to say about all the topics for the day and whats going on in this country whether its china trade, im going to sit back. Dagen, you never sit back, not for long. Dagen is that a compliment . [laughter] dagen former u. S. Attorney on new immigration rules of birthright citizenship, a lot of confusion, here to clear it up, member of the House Appropriations Committee Chuck on china, former Senior Adviser to george w. Bush, karl rove and brian kelly on lastminute Labor Day Travel destinations, you do not want to miss any of those fine gentlemen. Right here right now signs of hope sparking rally, futures to the plus side bigtime this morning at 245point gain on dow futures, china says it will not retaliate against latest rounds of tariffs set to go into effect on sunday, chinese spokesperson saying that the country hopes to instead discuss removing the new tariffs in order to p
A slew of upgrades on facebook is it a big thumbs up for the stock from here . The Halftime Report starts right now. Its great to have you with us on this thursday. Our Investment Committee today, joe terranova, steve weiss and john and Pete Najarian and Portfolio Manager ann brown. Alphabet, amazon and intel all set to report earnings after the close. It could be a big day for the markets tomorrow, depending on what these three say pete, your feelings on amazon. I think it will be very interesting because of the fact that everybody weve watched this thing move all around it, and now all of a sudden youve got sort of the government kind of coming at them in some ways as well. I think its going to be very interesting how they put this out there. I still think you look at aws. That really is what amazon is, and because of that, they are a cloud company, the biggest there is and how well are they doing there, and if they do as well as i expected they would after you look at microsoft and
8. 5 . The dow is performing a little better, mainly because of apple. Guy the fed is the main event. The stoxx 600 is only up to 10th 1 . up to tenths of the german tenyear was down by two basis points. Earlier on, the German Government selling paper below the ecb deposit rate. But it is all about the fed, really. Vonnie so lets get to that story. The Federal Reserve announcing decision at 2 00 p. M. Eastern. Policymakers are expected to lower rates for the First Time Since 2008 and leave the option open for additional moves. , fsre joined by lara rhame investments chief u. S. Economist. How do the markets react . Lara i think that is the real question. Today will neither be a Silver Bullet to solve the economys problems, nor the apocalypse people are talking about. The fed now has a problem. They havent had cohesive messaging going into this meeting. We really are struggling to know what they are fighting against, and really the significant pivot in fed rate expectations could cause
Someone like Elizabeth Warren has been critical about how democrats in the 1990s negotiated nafta. It is all about having that breakout moment to get into the top tier of the democratic field. That is what some of these lesserknown candidates, someone like a Pete Buttigieg or a castro, they are trying to make the case they deserve to be taken seriously as someone like biden or warren or sanders. Look for that to play out, and just quickly, folks here are fired up from the base of the Democratic Party. I interviewed linda and lawrence bell, they traveled 19 and a half hours by car from texas just to come to this debate. They say they like beto, they like, let harris and even Elizabeth Warren. David that is impressive. I hope you do not have to drive from washington. I want to go to the Robert Mueller announcement. Lets turn to anna edgerson in washington. You normally cover capitol hill. Give us a sense on capitol hill what are people expecting hoping for coming out of the g20 in osaka