A new survey shows just how much is the impact of u. S. Investment in china it may surprise you. And a moment of silence as the world remembers what happened on this fateful day 18 years ago, wednesday september 11, 2019 Worldwide Exchange begins right now. Good morning, a live shot of Downtown Manhattan as we remember this day 18 years ago it is quiet now. A lot of activity expected later today. The New York Stock Exchange and nasdaq will hold a moment of silence. Stock futures indicating the dow will be just about flat at the open blue chips are trying for a sixday winning streak the dow jones opened up about two points if these gains hold the s p down about two points and nasdaq as well breaking news on the u. S. china trade war. China announcing exemptions for 16 u. S. Products a sign of possible cooling of tensions the exemptions apply to goods from u. S. Cancer drugs and seed. Showing u. S. Direct investment into china is slowing down at a just growing clip slightly there. Watching stocks in asia slightly mixed. More breaking deal news. Hong kong exchanges and clearing is proposing a 36. 6 billion cash and stock offer for the london Stock Exchange it approached the lse with that bid. Last month, they agreed to by the Financial Information provider in a 7 billion deal. Those shares up about 9 right now. Investors bracing for the first in series of banking decisions due in the next coming days. Nor global manager, louise, how much will they play into the central thesis in the next coming days as opposed to other macroevents . Weve seen some quite muted movements because of this kind of waiting to see what this decision will be on thursday louise, with that in mind, is there a central bank in particular we know the central fed has been driving much of the action will they set the tone given the negative environment weve been speaking about over the past few months certainly, because the u. S. Market is a little more dependent than the rest of the world. The support we have within europe is going to be more indicative of perhaps whether there is going to be ongoing support and we havent seen much strength out of europe so far to date for many investors certainly in europe and around the world is there a situation right now where you can see germany taking steps on the economy or fiscal situation that will jump start the economy there . Yes, certainly. The last numbers we had out of germany were not as negative as people had expected. Often people are looking for the delta at the moment. They are looking at those small marginal changes those last numbers beg slightly less negative did give people some reassurance about some underlying strength. Certainly with the u. S. Market as well, we are seeing strong numbers as far as wage growth and that sentiment Still Holding up with those mixed messages in mind, are there places investors should look for or stay away from given the idea there is this wait and see, we dont know where we are going approach to the economies around the world i think one of the key things is we have seen the defensive sectors doing really well recently they have become more expensive relative to the rest of the market in the last couple of days, weve seen a big reversal into some of those value names and because they had got so stretched versus some of those more sentiment, more growthy names. The big question is, will that be sustained Going Forward or not. For us, we continue to be quite well positioned within some of the defensive sectors. Also looking at where some of those names have become very good from an overall attractiveness perspective thank you, we appreciate it apple kicking off the fall launch event with a new pair of iphones and wearables. New details on the highly anticipated apple tv plus video streaming service. We are excited to tell you that the first shows will be available on november 1. [ applause ] thank you. Well be adding more apple originals every month. Apple tv plus will be available in over 100 countries at launch. It is just 4. 99 month for your whole family joining me now, live from london a huge deal. A lot of people made a lot of fanfare about that 5 a month price point. Actually free for a year if you buy an apple product the streaming service stol the headlines. We were expecting hardware it is the key event to release watches and phones that 4. 99 price point did surprise many who cover this company. The expectation had been around 9 disneys new streaming service is expected to be around 6. 99 a month. Certainly, some excitement about that and how apple is bundling this in with that oneyear free if you buy mac or a new iphone we know that accounts for apples sales. We have to look at some other hardware products until that is complete you can see it has had an impact on Competitors Companies like roku will be down lower even though they will be carrying the new apple streaming service. There is this push pull thing here we saw a huge reaction from the likes of disney, netflix, roku you mention the hardware side of things it is still important. Is this new handset. The 11 iteration is it going to be enough to get me to upgrade my old iphone 6 model . It may. The 10, and now the 11 will sell for 699. That is 50 less than what the 10 r went for last year. Also playing into some of the lower price competitors, particularly in china. While you would still have to pay about 1,000 for the 11 pro or the pro max, you may be able to pay lower for earlier endations. They are banking on the fact that many people need to upgrade their devices. Whether they go with some of these new models or they might go with some other modelopat toe Holiday Season hat got you excited about the event. Products, the new ipad one thing that has been kind of not covered as much is the new watch, the 5 series watch will have this feature called always on. Weve been talking about it here about how essentially the phone display is on all the time you dont have to tap it or raise your wrist apple lowered the price for the 3 series to get more people to come into that youve seen a bright spot whether the watch or air pods. There has been a focus to make that market more accessible. Weve seen that and interesting to see how that plays out in holiday sales. Thank you so much when we come back, game over why shares of game stop may hav the controllers. And all work and no play at Gaming Centers and more on wework when exchange returns after this servicenow put our workflows in the cloud. This changes everything. Youre right sir. Everything. No not everything, i mean youre still blatantly sucking up to me gary. Brilliantly observed, sir. Always three steps ahead. Six steps ahead. Sixteen. So many steps. You done . A million steps ahead. Servicenow. Works for you. Lets get a check now on some of the biggest stocks good morning. We are talking video games, arcades and highend home furnishings. Lets take a look at gamestop. They reported a bigger than expected Second Quarter loss this is also as consumers shift to downloading games they will also close up to 200 stores dave and busters Second Quarter beat forecasts shares down 15 . Driven by less walk in customers. Citing ongoing challenges. Sharz of rh lower taking a look. 3 not as much. Second quarter earnings. The Company Formerly known as Restoration Hardware says it does not expect trade tariffs to affect them. Rh down 3 in premarket thank you for that. Still on deck, a cnbc exclusive with ibm executive and Oil Prices Dropping after President Trump fired john bolton orwi ehaeetnswlddexcng rur after this s left behind, we all get left behind. This is a problem that affects each and every one of us. Together with ibm, we created a whole new kind of School Called ptech. Within six years, students can graduate with a high school diploma, a college degree, and a pathway to a competitive job. You know whats going up today . My poster. Today, there are more than a hundred thousand ptech students around the world. Its a game changer. Ptech students around the world. You should be mad that this is your daily commute. You should be mad at people who forget theyre in public. And you should be mad at simple things that are unnecessarily complicated. But youre not mad, because youre trading with e trade, which isnt complicated. Their app makes trading quick and simple so you can strike when the time is right. Dont get mad, get e trade and start trading today. My dbut now, i take used tometamucil every day. Sh it traps and removes the waste that weighs me down, so i feel lighter. Try metamucil, and begin to feel what lighter feels like. Welcome back to the show lets go live to the frankfurt motor show john, thank you weve heard from kingpins in the Auto Industry. A catch up to tesla and many chinese automakers many are missing the next big threat that is about connectivity inside the car they have found out 48 of those surveyed dont care about brands as long as the service is also Cost Effective and accessible. The fire back could come from digital connectivity take a listen to this exclusive with ginni rometty, the ceo of ibm. The issue is more than just the brand. They are linked together your brand is defined by the experience as ive looked around and youve walked around the show, two words come to mind electric everything is electric and the experience you think about software, updates, connectivity. In the same survey, the number one thing they have to do is put in an open digital platform to support that kind of experience. Ginni rometty there, would you believe a small number of operators say they operate on a digital platform, about 18 . So also the problem of a trade war. How are we having open platforms when there is a trade fight still brewing. Im curious, brand wise, the entire Auto Industry is built on the idea that consumers have loyalty to certain platforms, how do you think some of these industry effects given the fact that they own highprofile brands theyve already been disrupted. This is the next phase they need to accept. When you think about the house, it has become an eco system. The car has meant to become the future who is going to own that space is the question. Whether the auto qualities find their way or whether it is a bunch of other startups. That is the big question that is hugely disruptive for the auto executives. Quickly behind me, you might be interested in the Harley Davidson electric bike this is connected to the ibm cloud. All connected to that service. A brave new world of tech and auto partnership live in frankfurt, thank you coming up in the show, a Train Derailment in illinois sparking a chemical fire and multiple evacuations and where mcdonalds has philadelphia sports fans thinking it is st. Patricks day in september your stat of the day, 336 million is how much money has been raised by the Cantor Fitzgerald relief fund cnbc is broadcasting live throughout the course of the day as the firm works with former president bill clinton, sean penn, Cindy Crawford and others to raise money for charity if you want to give, go to cantor relief. 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That was easy glad i could help. At xfinity, were here to make life simple. Easy. Awesome. So come ask, shop, discover at your xfinity store today. Welcome back. We are watching oil prices this morning. Prices are higher as data shows u. S. Stock fell more than twice the amount analysts expected crude took a sharp move after President Trump announced he fired john bolton. Tracie potts joins us now from washington with details. Reporter it was a sudden announcement now a discrepancy over whether he was fired or resigned bolton said he offered his resignation. The president never asked for it he decided to turn that in after offering but President Trump tweeting that he asked bolton to resign after strong disagreements over a number of issues including north korea, whether he should have met kim jungun at the dmz, over iran and recently whether to invite the taliban to camp david for peace talks. Bolton was against it. He is now out and there is already a short list of five people to replace him . Who are some of those five people some are people in the administration, former National Security advisor deputy National Security advisor, representative to iran, nsa for Vice President tom bosart, former Homeland Security advisor and finally, the ambassador to germany. A few folks in the white house and some who used to work in the white house. Tracie potts live from washington thank you. Still to come, the bare case for apple. One analysts says hes not impressed with tim cook. A bearish take there later on, mixed signals as wework prepares to push ahead with the hotly debated ipo all of tt tethhaafr is so servicenow put your workflows in the cloud, huh . Mmhm. Your employees must love you. Thank you. Ah, you could say that. So how are things with you guys . Great. Thank you. Thank you, sir. Lunch next week . Terrific. Say hi to the team. Will do. Call my office, i will. Sounds good. Alrighty. Servicenow. Works for you. Applebees handcrafted burgers now starting at 7. 99. Now thats eatin good in the neighborhood new this morning, a survey says u. S. Companies are canceling in china apples big day. Tim cook unveiling a new iphone but it is the comments on apple tv plus getting the most attention. And two highprofile startups. Peloton sets ipo pricing and wework races to the markets despite big concerns you are watching Worldwide Exchange here on cnbc lets get a check on other top headlines. More than a dozen cars and a tanker went off the track causing a huge fire that could be seen for miles. No reports of any injuries more Health Officials are sounding the alarm about the dangers of vaping. There have now been six deaths the latest is a woman in kansas died a week after vaping for the first time a growing number of people are reporting serious symptoms too a tornado touched down no north dakota there are reports of nearly 20,000 Power Outages these images show the Heart Hospital shatter glass was all over and the parking lot was covered in downed trees a notravel advisory has been issued the latest storm spawned a series of tornadoes. This one is known to be one that spins anticlockwise here is how your money looks as we are half way through the 5 00 eastern time. A relatively flat open the dow down by about 2 points and nasdaq down by 11. Breaking news, china announcing exemptions for 16 types of u. S. Products we go now to beijing with the latest reporter thank you, those tariffs which the chinese say are Counter Measures for the u. S. 301 investigation are now going to be suspended as of september 17 for a year. Some are refundable. The chinese also said they could be adding more products to that list the products are mainly in agriculture and in feed and in drugs. The two sides are preparing for highlevel discussions in october in washington. The Foreign Ministry said it hoped that the u. S. Along with china would create, quote, favorable conditions for negotiations it is unclear whether or not this is a good will gesture aimed at the u. S because the chinese are grappling with serious issues. Their pig population is being wiped out by african swine flu, Fall Army Worm invading their crop similar issues like what Trump Administration did pushing off the tariffs to avoid having christmas affected by the tariffs. We also got a new survey from the American Chamber of commerce in shanghai that talks a little about the Foreign Investment environment. Take us through the survey results there. Yeah, it didnt look as they many u. S. Companies were particularly optimistic, particularly when it came to the trade deal there are over 300 companies surveyed 26. 5 . More than a quarter said they were restricting investments meant for china, outside of china. A lot of revenues are being affected by the tariffs. They are feeling pinched at the end of the day, when they look forward they are worried about what they are seeing they said 2019 looks bad but without a deal 2020 could look even worse thank you we appreciate it to apple now, tim cook unveiled a host of new products a new iphone line up, updated ipads and watch and new details on the tv plus screaming service with a price that even undercuts what disney is preparing to launch next month. Here is noted apple bull saying the phone is the most exciting prospect for apple their base is growing at call it 10 a year even though iphones were down 15 in the past year. There is something bigger around the