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States right now in washington, fragile hopes for a stimulus deal remain Speaker Pelosi and secretary treasurer mnuchin are expected to talk this afternoon in hopes of getting a deal done. A full economic recovery has a long way to go and another expert said many lost jobs may not come back. All 11 s p sectors are lower 59 minutes to go we are making new session lows with the dow down 400 points. Lets get to the market downturn we just referenced. Mike santoli is tracking all of the action no trigger but a clear response. The only trigger that seems clear at all is the mark of 2 30 eastern time, when the downturn accelerated. It seems as if it is essentially kind of getting ahead of the close, peeling down exposure we did have that good rebound into last week from the late september lows we had some positioning indicators suggesting people were full up on equity there has been a pattern of strength overnight in equity futures open ....
Big show this morning, joining the conversation fox business dagen mcdowell, moodies capital chief economist john and the brewer ceo, former investment banker and nfl player jack brewer. Dagen good morning. Maria we keep falling the bouncing ball with china story, yesterday when i spoke with wilbur ross played down november 17th when the president will meet with xi jinping to sign the documents and paper it up as they say. Dagen maybe better to set expectations low and theres only one president of the United States. Maria absolutely. Showing progress and hopefully close the deal as soon as possible, i think the market anticipates an end to this particular matter and thats a positive. Maria markets are positive feeling a sense that maybe theres something on the table but markets are fractionally moving. Chinas vice foreign minister and President Trump weighed in on negotiation ....
Years. Look at what has happened. There has been running violence with the police and violence. Police did discharge a firearm into a protester. He is in the hospital. He has been shot in the chest. He has injuries that are not lifethreatening. There were also running instances of civil disobedience and vandalism. This is an entranceway to the causeway bay station. This was a big bonfire and that is what we have seen across the city as the frustration mounted. We are at midnight now. Who knows what will happen tomorrow because there is no solution on the table. There is still ongoing polarization. Thed thank you so much for terrific reporting from hong kong. Stephen engle in hong kong. Not the anniversary president xi anticipated. Now we go to Kevin Cirilli in washington. It seems like every time i open a newspaper there is an extension of the impeachment inquiry. Night the New Yo ....
Announcer news to build a better bay area. This is abc7 mornings. Good morning, everyone, it is sunday august 18th. We are starting our morning with quick look at our forecast. Heres meteorologist lisa argen, good morning. Good morning to you. We have had a combination of clear areas. Now the fog is beginning to move back in. Heres live doppler 7. Check out santa cruz. It was plain old cloudy a while ago. With the mist and drizzle it looks cool out there. Inn sfra, sun, 64. 67 in oakland, partly cloudy. We are 0 in gilroy, low 60s in san jose. The golden gate, yep you are beginning to see an beyond shore flow. We will have a cool day. Right now it is in the upper 50s for much of the north bay. Napa at 61. Petaluma at 61. Mid 60s in the inland valleys. Heres san jose. The rest of the day today featuring more sun. The committeesal clouds. Low to mid 70s around noontime around the bay and inland. The coolest day today out of the next seven. Then we will talk about the warming trend, where ....