Growth. Policean ominous term, drawing guns and firing a shot as a ministrations turned violent again in hong kong. Shery looking at where markets are trading, we see u. S. Futures kicking off down 1. 2 . Is a big plunge after the regular session it is a big plunge after the regular session friday, and respond to retaliatory tariffs. In the regular session we saw the dow fall 623 point and tech and energy, some of the big losers on the s p 500 while the nasdaq fell 3 . We have of the recession indicators like a 210 yield curve goes to inverting while the threemonth tenure was the deepest inversion since march 2007. At the moment we continue to see the downward trend with u. S. Futures down 1. 4 which is a big plunge given futures at the open dont move much. Lets see how we are shaping up for the markets in asia with selena in beijing. We are seeing red across the board, new zealand opening and nikkei futures down. Kospi pointing down. Sox stocks are absorbing the escalation ahead of th
From the start. Global uncertainty the most important issue for their markets as jackson hole discusses threats to growth. An hong kong protest take an ominous turn. Place drug guns and fire a shot, as demonstration turned violent again. Shery lets get started with a quick check of markets. U. S. Futures at the moment plunging 1. 1 heard this after we ended the regular session friday and President Trump escalated the trade tensions against china, saying he will boost tariffs. This coming after chinas retaliatory tariffs. On friday we saw a negative sentiment across markets. The dow falling 600 23 points, the s p 500 lower by tack and Technology Energy stocks. After chairman Powell Comments at jackson hole which raised speculation now about the fed potentially easing more in the coming months. That felt 3 . Continue to see these fears of recession. Two 10 yield curve. We saw the three 10 yield curve. We are seeing that anxiety play out in the markets. Lets see how things are playing sha
Companys products spans various sectors. Thats what makes it so interesting. The ceo will join us exclusively ahead, but we begin with todays market and bob pisani at the new york stock exchange. Bob . Hello, jon. Good to see you. We have been chopping around in a fairly narrow range and the trend is up and certainly since the pc report and the s p 500 and the trends been up here were trying to get to the 200day moving average and were at 5114 now, slowly, but surely. A lot of strength in boeing, thats great news. Apple. Caterpillars been strong. Goldman sachs has been strong and thats at a 52week high and a number of big movers nasdaq, the bigcap tech is mixed and lets take a look at the midcap tech stock and meta and alphabet is down 2 and amazon will close tomorrow and it is up fractionally here global industrials have been having a great little run in the last couple of days and thats good to see. Boeing, lets get out of this month and one of the worst month ever and boeing was nea
Next on pbs newshour weekend. Pbs newshour weekend is made possible by Corporate Funding is provided by mutual of america designing customized individual and Group Retirement products. Thats why we are your retirement company. Additional support is provided by and by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. Thank you. From the tisch wnet studios in Lincoln Center in new york, hari sreenivasan. Sreenivasan good evening and thanks for joining us. President obama has arrived in the ethiopian capital of addis ababa, continuing his mission to boost u. S. Trade and ties with africa. Earlier sunday, the president completed his visit to his fathers homeland of kenya, with a stadium speech to an enthusiastic crowd of 4,500 people. The president criticized kenyas history of corruption and gender inequality but praised its budding democracy. His halfsister, auma introduced obama, who called himself the first kenyan american president.
Been pledged so far. Bangladesh says it has been placed in an untenable position, with nearly a million rohingyas having crossed the border. The worlds coral reefs are being turned into bleached deserts a warning today from sir David Attenborough. If youve ever seen a coral reef and you think what that once was, thats enough to make you weep. In sport, organisers of the venice marathon apologise after motorcycle escorts take the race leaders the wrong way, costing them the race. Good evening and welcome to bbc news. Theresa may has told mps that brexit talks with eu leaders last week made important progress, and that she had a degree of confidence that negotiations on trade could begin in december. But a leaked account of her meeting last week with jean claude juncker, the head of the European Commission, has suggested that she begged for help, because she was politically weak and had no room for manoeuvre at home. Mrjuncker has said the story which appeared in a german newspaper wasnt