Join us for his first interview since trading began. Its a good day. The showdown between the u. S. And china over tiktok and wechat is coming down to the wire the white house saying downloads of the app will be halted on sunday get them while you can if you want them. We have the latest details power lunch starts right now as tyler mentioned, were watching big intraday sell off in the tech stocks the nasdaq down 2 apple down around 3. 5 lets bring in dom were just hovering right above the section lows thats sell off accelerating throughout the course of the last hour on the exchange. The dow industrials down 331 points over 1 declines 1. 5 for the s p 500 and in nasdaq continuing that volatility we have seen as of late down almost 2 here here is a key level to watch 10,995 what that represent s the 50day average price for the nasdaq composite. Remember, were still not that far away from record highs we will continue to monitor whether we find a bid. Some would argue the valuations are
108 points hire. So good news all around. Lets see if it can stay this way. Treasury yields, you can look at a 10year note at. 681 we have so much going on the fed kicking off a twoday meeting. The first since it put new framework into place isnt expected to change Interest Rates fed chair powell planning to answer questions about the outlook during tomorrows News Conference then we have the data coming in today where we get august import and export prices. The latest productions numbers and the earnings, we have fedex and adobe. A lot of other news, joe i can hear the bounce in your step i hear it in your voice. I think it might be the guests we have again today. I know you are excited for the hour we had great guests yesterday and great guests today we have bob from viea come cbs Jared Kushner coming up in the 7 00 hour. Kevin mccarthy then i realize we miss becky whenever shes out but you like to talk and i guess i do too so it is 50 50, instead of 33, 33, 33 you dont have to admit
S p up 42 at 4 00 oclock on wall street. Getting tough on china, acceptable or the tom cotton is here, introducing a bill to revoke chinas nation status and whether tiktok and oracle will keep your data safe. Ken cuccinelli on actions to block chinese products made with forced labor. Wild fires raging on the west coast as the gulf coast is feeling the power of Hurricane Sally, we have the latest on the deadly threats. One soda company has a new drink that could help you sleep. Mornings with maria is live right now. Maria lets check european markets, rising from may to july, cac quarante is up 20 and dax index in germany higher by almost 40 points right now. In asia markets mostly higher signs of make recovery in china. Up half of 1 in the month of august. Months are released by the communist party as we always like to remind people, shanghai up half percent. Some of the top stories that we are watching this morning. President trump headed to philadelphia this morning after pushing the
Bottom to the top. Well speak with the analyst that sparked the probe at 10 15 cet. Auto stocks go into reverse after car sales across europe plunge into 17 . But because of weaker demands and concerns weigh on sentiment. Snowflake gets a warm reception as shares spike more than 100 on the first day of trading on the new york stock exchange. The ipo is not the highlight of my life it is a milestone. We are here to build our business thats what we are excited about. Thats what we do. Thank you for joining us today. Reversal for the Major Industries you are seeing sizeable falls. All in lock step yesterday the uk stock market was down and we had improvements across the boards there does seem to be reaction as they are talking about low Interest Rates for a long time the market looking a little bit weaker at this stage wall street is soggy we are picking up on some of those queues the bank of england closely watched. Lets see where some of the green is coming from these are better perform
Take a look at gain better than 2 . Nasdaq futures up 130 and s p futures up 32 points. Dow, nasdaq and s p 500 marking marking second consecutive week of losses on friday, big bounceback from that, on friday you had as you see markets lower, new fox poll new fox news poll show the 2020 race is narrowing, President Trump and joe biden taking their messages to swing states but just over now 50 days to go until election day. Plus, how you can live like the fresh prince of bell air courtesy of will smith and airbnb, mornings with maria is live right now. Maria firmer tone to markets this morning. European indices are mixed with european markets kicking off the gains with fractional moves here. Cac quarante is up 6 but the dax index in germany lower by 8 points, virtual trade talks between eu and china, we will tell you more about that coming up. The big Softbank Nvidia deal. As you see korean kospi index up one and a third percent and shanghai composite about twothirds 1 . Ruling party af