Spiking over those concerns over iran also coming up on the show, House Financial Services chair Maxine Waters on why she wants a hearing over facebooks crypto play, libra. Join us, stephanie link, from levine, welcome. Are you doing buying today little bit. Little bit like what little Semiconductors Semis little broadcom i started a position last week when it fell 8 on the day and i just kind of think that the valuation makes a lot of sense and well see. Its a china proxy for sure, so something good has to happen on trade but i think the valuation is discounting a lot stephanie i was talking to one senior trader who said that the threat of a cut on Interest Rates is more powerful than the cut itself and that therefore its harder to get this same good news again. Likely be dialing back the promise of a cut or it will be the cut itself youre coming from a much lower base than historical levels but it was good news that we got i think the commentary yesterday was exactly what was needed.
The Halftime Report begins right now. Welcome good to have you with us on this thursday our Investment Committee at our table, joe terranova, jim lebben thal, John Najarian, Jenny Harrington harringt harrington ceo and portfolio manager. Lets begin on the markets stocks higher on reports of a possible detente in osaka. Kayla tausche on the ground in japan with her own reporting on exactly where things stand right now. Kayla . Scott, both the u. S. And china are trying to manage the narrative of exactly who would stand to get what if there were a truce or a potential deal that emerges from a meeting between President Trump and president xi this week. In a call held earlier this week on monday, between the u. S. Trade representative Bob Lighthizer and the vice premier of china, china was said to ask for a balanced deal, something it has asked for in the past and im told by two sources that ambassador lighthizer responded a balanced deal is not possible because of all of chinas past trans
The dime. Liz for a second, the dow was positive. Right now its just straddling that flatline. Charles, i know you know this, we are tminus one hour from disneys earnings, and right now shares of the entertainment con glom9 rate are, again with, kind of straddling that flatline but slightly lower by 14 cents. Shareholders are still processing the big headline last night that penn entertainment, thats the Online Sports betting company, has struck a 2 billion cash and stock deal to partner with disneys espn. This partnership is going to give penn, whose stock right now is doing much better than disney ifs, up nearly 10 in the session, give them exclusive rights to espn bet for ten years. With disneys earnings on deck, this could possibly be one of the most scrutinized earnings calls of the entire season. Considering the disappointing Second Quarter results, investors are very anxious to hear better news from ceo bob iger, but itll take a lot to make them forget that since iger returned t
Friend, speaker emerita nancy pelosi. Abcs seven News Reporter Tara Campbell had a chance to speak to the congresswoman today and joins us live from the newsroom. Tara . Yeah, stephanie, i actually spent time this evening at the late senators former home and the funeral home where she arrived tonight and really the mood is best described as peaceful in anticipation of her arrival home. Ready to all uniformed personnel pre set put a salute for late senator Dianne Feinstein set to be laid to rest in San Francisco. Were so happy to have her have the appropriate welcome home to San Francisco. Speaker emeritus nancy pelosi among a handful of Close Friends and family gathering. We thought was one with great sorrow but great pride in dianne. Her body arriving at San Francisco International Airport sunday evening and escorted to sinai memorial chapel. Theres no one like her. She was wonderful. All we want to do is pay respects to her. We wanted to recognize this moment in history and in San Fr
Friends gather to remember her. Good morning. It is sunday, the 1st of october. Im karina nova. And before we get to that story and more, we have meteorologist lisa argen here with what to expect today. Its the final day of the weekend so hopefully we get some good weather for that. Lisa yeah, it was kind of iffy yesterday, wasnt it . Rained out. I was sitting outside and all of a sudden, yeah, i felt something wet fall on me and it was raining. Yeah, we had it through the afternoon and people were like, what the heck . But it is drifting away and we have a much drier, sunnier day on the way. Live doppler seven shows the activity to the east of us and the south of us. But if we look at live doppler seven right now, youll notice that the fog is patchy. Well be looking for that to give way to mostly sunny skies. It is 58 in oakland right now, 51 in santa rosa. And with less cloud cover this morning, were anywhere from 2 to 7 degrees cooler air and throughout the afternoon its nothing but