Faces as well. There is also going to be, it is clear, a lot of communications between the u. S. And chinese negotiators here in the upcoming weeks as President Trump said this could take three, four, five weeks, maybe until the apec conference middle of next month to get quoteunquote, papered. Earlier today i asked treasury secretary Steve Mnuchin what a mode rap might look like over the upcoming months and this was his response. The current plan there will be deputy level calls this week. Principal level calls next week between ambassador lighthizer and myself and the vice premier. Those are things that are planned. I wouldnt be surprised if there is deputy level meet national person. I think our expectation well meet with the vice premier in chile before the president s meet if there is any final issues. If we need to have inperson meetings more inperson meetings to get this done, obviously well do that. Reporter the details within phase one have yet to be produced. Mnuchin says the
86 points. If youre looking at the treasury market, this has been our big interest point. Right now it looks like the 10year is back where it was yesterday, not back above 5 even though yields are a little higher. 2year is at 5. 08. Crude prices around 85 a barrel this morning, wti is up 3 cents, and then crypto is on fire. If you check out sessions this morning i dont know why i say sessions. Bitcoin is always trading, never stops. Just above 34,000 this morning. Meantime lets talk about todays squawk planner. Boeing, norfolk southern, and tmobile. After the close well get reports from meta, ibm, and mattel. And as joe said, the drama continues for speaker of the house. Tom emmer ended his bid. Dozens of larms and former President Donald Trump expressed opposition to his candidacy, last night choosing mike johnson as their next nominee. A social conservative from louisiana. Hes a former analyst and radio host and served on president trumps defense team during his two impeachment trial
Plus were also watching jamie dimon. He called out Central Banks saying theyve been, quote, 100 dead wrong. Were keeping an eye on chip stocks, nvidia and amd planning to launch an armed pc chip in 2025. Lets begin with the markets and the industrial earnings parade. Jim, i was trying to think which one of these would interest you the most. Im guessing ge. And it is. What happens is larry culp finished the wind and lets say power business much better than i thought. Therefore, the spinoff will look good. Theres always been concern that that business would be a dud. There was never, ever going to be a growth business. Instead, it seems like it will be the esg business of choice for people. David, anyone who thought lets say the long on money short on time travel situation is over and thinks there is a great aircraft demand, wrong. Ge and rtx proved that the demand for planes is probably as great a secular story out there. Free cash flow as well, they say is going to tend. This is the qu
Speaker, but the gavel is far from guaranteed. How this might play out with just over a month until a potential shutdown. But first, the latest on these markets. Dom chu has the numbers. A lot of fluctuation today. And we just flipped to marginally red on the s p 500 for marginally green on the s p 500. But its been a day of ups and downs. 43. 75 the last week for the broader s p 500. At the highs of the session, the trading range had us up about nine points, down 14 at the low. If we were to tilt positive to close the day, it would be a fiveday winning streak for the s p 500. But a 43. 77, thats the state of play. The dow just 0. 1 of a 1 decline. And the nasdaq, up about one quarter of 1 . 25 points higher, 13,684. One of the elements of todays trade is the continued onslaught being put against the consumer staple stocks. Hormel foods, gave a projection today, down about 10 . The worst performing stock in the s p 500, lamb wesston, down 7 . Keurig dr pepper down. And kip we areallycl
Worth 1. 2 million. The last time somebody won that jackpot was back on july 19th. Another jackpot coming up saturday night. Its now up to 1. 4, 4 billion opera of springfield, San Francisco, is holding a final farewell to senator Dianne Feinstein today. The major change in plans for a Memorial Service thats expected to bring everyone from the Vice President to senator feinstein, his family and friends to city hall. Plus, day two of the Largest Health care strike in us history is underway now where negotiations stand between Kaiser Permanente and Health Care Workers. This morning and the impact on kaiser members. Then another professional Sports League appears to be headed to the bay area. What to expect from todays big announcement from the Golden State Warriors from ktvu, fox two news. This is mornings on two. Thank you so much for being here. Im Gasia Mikaelian and good morning. Im dave clark. Welcome to thursday, october 5th. Welcome to you as well. This was rough sleeping weather