Moving out to the sidelines. Leaders gathering in england for a second day of meetings and another black eye for boeing as a Major Airline opts for airbus all of this as we begin right now. Good morning and welcome to the show, im dominic chu in for Brian Sullivan lets check out what is happening with dow futures they were lower until a headline moved from Bloomberg News saying u. S. And china are inching closer to agreeing to the amount of tariffs that will be rolled back in a phase one deal those headlines sent futures which were solidly red this morning and all of a sudden shot higher the dow is up about 135 points if there is a lesson in the last 24 hours, it is that every single trade headline matters. The dow at one point falling more than 400 points before closing down 250 days lower. The worst day insurance early october. A rough start to a month that has historically been a strong one. Turning to the bond market the dow jones futures, nasdaq and everything else. 10year 1. 75 .
Surveillance. Yesterday, we saw a selloff on the back of the President Trump press conference here in nato. Lets get that board up for you to look at your markets. , they are treasuries extending gains. I am also looking at shares in asia. Stocks in europe edging higher. I am looking at that vote in the u. S. House. And what that means for sentiment on your markets. Coming up, a conversation with londons mayor sadiq khan. First, lets get straight to first word news in new york city. She simply did not have the resources to keep running. ,his, from Kamala Harris suspending her campaign for the democratic residential nomination. President ial nomination. She had a strong start but her campaign failed to catch on. Opec plus sending mixed signals about output. Iraqs oil minister reiterated his view cartels should deepen cuts. An earlier technical meeting ended without any discussion of steeper cutbacks. There are a number of key members, yes, they want to do that. Addition toels in the 1.
And its the final frontier meets wall street as sir Richard Bransons Virgin Galactic makes its Public Market debut today on this monday, october 28th as Worldwide Exchange begins right now. Space cowboy well, good orning, good afternoon or good evening and welcome from wherefover in the world or galaxy you may be watching im Brian Sullivan your chart of the morning has got to be shares of tiffanys, theyre surging nearly 20 right now. French retailer lvmh confirming it is in preliminary talks with the company about buying it. Lvmh would become the undisputed global king of luxury if the deal happens its still an if but the market buying into it as soon as that headline broke, boom, 19 pop in shares of tif well get more on the story coming up. But first, overall, theres certainly a lot of green on the screen this morning to start your week. We have dow futures up, not a lot but up about 50 points right now. Nasdaq, technology is what you might want to watch because actually kind of quiet
Off the job at 31. 00 Assembly Lines across the country theyre frightened to stay on strike until an agreement is reached. And the United Nations is warning that Rohingya Muslims who remain in myanmar are living under the threat of genocide the un is repeating calls for top generals to face trial for forcing iran 3 quarters of a 1000000 to flee to bangladesh 2 years ago the un also says it has serious concerns about a crackdown on refugee camps in bangladesh it says aid workers accused of supporting rohingya protests last month have been banned their phones confiscated and a curfew imposed. Indonesias government to scrambling to control widespread forest fires which are causing a toxic case to spread to other countries this off smoke is causing causing a lot of respiratory problems and disrupting fights has more from the city of peckham baro in indonesia. Were in peckham bar city in the province of rio on the island of sumatra where 40000 hectares of land have been covered by smog and
This hour. Protests in hong kong protests in hong kong continuing for the 11th week. Residents converting their money into other currencies. Twitter and fast facebook cracking down on misinformation. Business roundtable a group of top ceos, including Jpmorgans Jamie Dimon now saying the purpose of a corporation is no longer about higher profits or shareholders. Well tell you what its saying instead, what it would mean for some of the worlds biggest companies. First it was the Dominican Republic. Now costa rica. The Health Ministry in costa rica 25 people have been killed as a result of tainted alcohol. Were bringing you the latest details. Connell back to the markets. Three days in the green, well bring you coverage from Kristina Partsinevelos from the floor of the new york stock exchange, Edward Lawrence covering trade and phil flynn tracking oil and gold at the cme. Kristina, well start with you. Reporter s p 500 closing in positive territory. What are the big winners . Les talk abou