Transcripts for MSNBC First Look 20190827 09:44:00 : vimarsa

MSNBC First Look August 27, 2019 09:44:00

some of the stocks hit hardest were in tech areas. fast forward to monday morning. roughly 24 hours ago, just before the european market started trading, president trump announced china reached out and had two phone calls sunday evening to try to work and establish a dialogue. that gave markets a lot of comfort. by the end the end of the sessi yesterday, wall street actually open -- well, closed up in the green and north of 1%. still not fully recuperating the losses from friday though and again the sectors that are sensitive, basic resources, semiconductors, all rebounded. now a word of caution i need to say. we heard from the editor of one of the widely read dailies in china who said that he has no knowledge of a call having taken place between china and the u.s.

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