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Treasury market. European stocks are down by 1 . U. S. Stocks are up i. 2 . I also want to bear in mind what is happening with the chinese currency. This is important. 6. 6 four, below key levels. The dollar continues to weekend. The dollar is important, the euro is important, but the chinese currency is potentially very important. Jump inaly reporting a new daily virus cases to over 15,000. The other part of the story, we are talking about trade talks, the u. K. And the eu are ready to sit down immediately with the goal of finding a deal by midnovember after positive contacts between the two sides. Our bloomberg is european politics reporter. Ian, a great way to talk about itting the deal, getting done, was that Boris Johnson was getting his way and getting it done. Ian in the past five minutes, the chief negotiators have gotten off the phone after about an hour long discussion. We have not heard officially what they have agreed t ....
Investors to take risk even with the pullback, dow slipping 130 points and nasdaq losing. 27 and what a week. We almost went to war and then we didnt go to war. We almost didnt get a trade deal and it is coming next wednesday. And then this morning we were worried the Labor Department report might come into too hot and they might mouth off about inflation and a bunch of governors speaking next week and that could have gotten ugly and how about a goldilocks job number, one that was not too hot, not too cold. You get that ive got to tell you, we created good jobs but we had sub 3 wage gain so the the feds should not be worried it could have been a lot worse since some of the shortfall related to a companys specific problems at boeing that just said the former ceo is not going to get severance the labor report was one reason to buy stocks and that is what happened this morning for even the most raging bulls either ran out of capita ....
Proved to be the new Magic Kingdom while the apple kingdom apple card cant shake its controversy. First its all about our top story, we work. Theyre set to face the securities and exchange inquiry into possible rules violation into the runup of its failed ipo. The agencys review was said to be preliminary and may not lead to an enforcement case. The company at one point was worth 47 billion dollars before it fell out of favor and needed a bailout from softbank. More outlets bring in congratulations on the story. What we know so far about the inquiry . An inquirythere is happening. It is early, preliminary, we dont know what might come of it. We do know that we work has taken steps to respond to it. They have hired who used to be the head of the Sec Enforcement Division who now works in private practice coming on to help them respond to this. This is also coming from ....
From marin to sonoma to napa. A little bit of mist and drizzle, and for the next several days our weather is going to be pretty active and back to winter time is that area of low pressure well up in the gulf of alaska . Eventually moves our way, bringing in much colder air in a series of systems that will allow for a rainy and cold weekend. 53 in oakland, 51 in napa right now. So temperatures are up compared to they were yesterday day. But thats all going to change as we go through this morning as temperatures are going to be in the mid 50s and you can see theyre not going to move too much. Here comes the cold front looks at the rainy midday and rainy evening commute in the south bay. So level one system with about a 10th to a third of an inch ahead for today. Gloria all right. Lisa. Yeah. Right now we are tracking a crash in Lexington Hills. This is on northbound 17. After summit road, and this is blocking both lanes. Its just a ....
Move are good . Espn, a look at that and thats a big negative. All right, now look at this. Look at this thats a hover board. You want to see more of this the full story and you will see more of it. Youll see all of it. Varney company is about to begin. This is Varney Company right from the get go were covering the money thats in your pockets. The price of oil still cheap, 46. 22 this morning, but here is the real money story. Look at that sound effects. And gas is down a penny, were down a penny a day consistently. National average, 2. 63. The price is down and thats what we like to see. South carolina the cheapest gasoline states 2. 25 is the average 2. 25 in average in some states for regular. Despite disneys drop despite apples drag the futures, thats an indicator of how the dow is going to open looking pretty good. Up 88 points at 17,500 despite the drag from apple and from disney. Now, we had a fed governor say they are on t ....