it is 5:00 a.m. in atlanta 7:00 p.m. in tokyo trade fears putting investors back on edge from retail remembering to all-time highs what a difference a day makes and why amazon may have a real problem. designed in california, built in america. that was the message from the president to tim cook. the two look to broker a new kind of trade deal not just tim cook. a report that the president met with another top silicon valley executive in recent weeks.

and lvmh sweetens its bid for tiffanys "worldwide exchange" begins right now. ♪ >> good morning, good afternoon, good evening welcome from wherever you may be watching i'm brian sullivan it is thursday, november 21. one week until thanksgiving. order your turkey now. the markets are lower now. futures down 26 points not going to start saying three-day losing streak. i guess it is possible they are a little lower right now. we had the debates last night and by the way, small matter the current bill to fund the u.s. government expires today. something to keep in the back of

your mind. we begin not with the debate but with trade reports yesterday a phase one deal may not be completed until next year as china pushing for more extensive roll backs and the u.s. pushes for protection >> i can tell you this, china would much rather make a trade deal than i would. >> why haven't they? >> because i haven't wanted to do it yet. >> why haven't you is. >> i don't think they are stepping up to the level i want. >> maybe a less hawkish view from a surprise source chinese vice premier said he is quote, cautionly optimistic will getting a deal done. also weighing in saying external rumors about the trade talks are not accurate

we have full team coverage for you. the show is called "worldwide exchange" for a reason matt is in singapore and caroline in london matt, we begin with you and the asia story >> we did see broad selling across asia. you played those comments from president trump saying china is not essentially stepping up and that the deal may be pushed out to 2020. the china markets the shanghai kp composite down hang seng off about about 1.5% we saw a number of these proxies falling. the u.s. congress passing this human rights bill that is going to go to the president

beijing condemning the passage of that bill that also weighing on the market you can see it down by 400 points we saw someone going tole japanese yen the nikkei down around a half a percent. that market down around 1.3% broad base selling across asia china, the outperformer today among a mixed bag. back to you. >> thank you, brian. let's head over to europe. after a pretty good three months, a little bit of weakness the last three days. >> absolutely. this is the fourth session where we are seeing the negative draw. we are seeing cyclicals and defensive stocks out performing. we are still trading close to

four and a half year highs we've been up the past six weeks. the ftse is off by three quarters of one percent. the cac down by 0.4% i want to talk a little about the auto stocks. specifically fiat chrysler shares are off more than 2.5% as the automaker says it will vig russly defend itself from a lawsuit coming from gm stating that they bribed officials it has cost the company billions which it will seek in damages. the ceo with fiat said in a letter to share holders this morning, those talks with peugeut still going well

>> let's try to make sense of it all for you. chief market strategist victoria fernandez live from houston. 4:00 in the morning for you, victoria we appreciate it how do you manage through this every day, it has been trade deal on, trade deal off. it feels like groundhog day. how do we vest through it? >> when we are talking to our clients, brian, we try to tell them the daily market movement is driven by these headlines we want to not ignore headlines. but really look through the headlines where longer term investors try to find opportunities with the volatility you see in the market to add to your portfolio we've been adding to names like apple, coca-cola

lenar as well. there is an opportunity to add you can trim names by having issues find opportunities and look longer term. don't trade just on the headlines. >> what do we trade on are earnings enough right now given these macroheadlines that don't seem to be in the back drop because they seem to be in the forefront. >> that will drive individual stock movements. we saw that with retail stocks already with home depot and kohls and other names like target and tjx you have to pay attention to fundamentals as well those are starting to turn around whether trade or brexit, germany is doing better. pmis, manufacturing.

all of these things people have been concerned about but turning around a little bit. focus on those fundamentals and see if they are going to boost the market >> have you been happy with the fundamentals you have seen so far? >> we really had this split between hard data and soft data. we were debating which one would make the move. it appears the hard data is doing pretty well holding its own there. the soft data is coming up to meet with that for us, that's a positive going forward. we like where that is heading. the consumer is strong everyone is watching because of that the discretionary earnings are doing well the fundamentals are doing well and giving us some support for the market we think that's going to continue >> you believe in three months,

six months, maybe 12 months, the overall major averages will be higher than they are right now >> we do think the averages will be higher. that's not to say there will be volatility or pull backs when we go to the election year. with the trade issues that will change on a daily basis. longer term, being looi looking at a longer session coming use that as an opportunity, don't be afraid of that. take the longer term perspective. we'll see the markets turn higher >> thank you victoria from houston, texas at 4:00 in the morning. other top money and business headlines, french luxury group lvmh has persuaded tiffany to

provide it with due diligence. this is a milestone after the initial $120 per share all cash offer was denied earlier this month. to the latest in hong kong, passing a prodemonstrator rights bill that would require the u.s. government to put sanctions on chinese officials on what they view as human rights issues in hong kong. alibaba will pay its investment banking sind cat $32 million we are just getting started on a busy thursday coming up, a lesson in leadership what the rest of corporate

america can learn from tim cook. reports this morning that mark zuckerberg, yes mark zuckerberg also made a recent trip into the president's inner circle and why amazon may have a real brand problem. consumers are beginning to notice we are back after this the van just talked. sales guy, give 'em the employee price, then gimme your foot. hands-free sliding doors, stow 'n go seats, man, y'all getting a hook up and y'all don't even work here. pacificaaaaa!

it nice?ce. this is the most-awarded minivan three years in a row. the van just talked. sales guy, give 'em the employee price, then gimme your foot. hands-free sliding doors, stow 'n go seats, man, y'all getting a hook up and y'all don't even work here. pacificaaaaa!

president trump and apple ceo tim cook touring a factory in texas where the company makes

the mac pro computers. the two men continuing their delicate dance as the deadline of chinese tariffs approach. we'll talk to frank holland. >> we are going to get right into this president trump said he is considering giving apple an exemption on tariffs. he toured the factory that will a sem bill the mac pro computers. earlier this month, the company filed a request from further ex emts yesterday's event was another symbol of the relationship which has been building with dinners and cook's involvement with several advisory councils. the president expressing support of cook as well as apple's move

to make products in the u.s. >> when you are building in the united states, you don't have to worry about tariffs. that helps people make a decision to come in. he's a very special person as far as this country is concerned because of job potential and the great job he's done. >> important to note, apple does not own that plant it is operated by flex about 20% of apple's revenue comes from china estimating an additional 10% tariff from china would result in a 4% hit on apple's earnings per share in fiscal 2020 >> this is interesting we all know about tim cook and president trump's bromance it appears that perhaps another well-known and successful ceo

may be trying to follow this playbook >> also in tech. just a few hours ago, nbc news reporting the president had dinner with mark zuckerberg in october which was previously undisclosed. sources saythe meeting happene while zuckerberg was in washington to testify about the controversial new cryptocurrency libra and shortly after facing discussions about political ads. we don't know what was discussed during that dinner >> i would love to have been a fly on the wall there. >> maybe he's learning something from apple on deck, why shares of fiat chrysler are hitting the skids and another fast food chain wants in when it comes to the chicken wars it's trending.

dow futures now turned positive. we are back after this the middle with you, ♪ ♪ and i'm wondering what it is i should do, ♪ ♪ it's so hard to keep this smile from my face, ♪ ♪ losing control, yeah, i'm all over the place, ♪ ♪ clowns to the left of me, jokers to the right, ♪ ♪ here i am, stuck in the middle with you ♪ no one likes to feel stuck, boxed in, or held back. especially by something that's supposed to do the opposite like your cloud. it's a problem. but the ibm cloud is different. it's open and flexible enough to manage all your apps and data securely, anywhere, across all your clouds. so it can help businesses take on anything from rebooking flights on the fly, to restocking shelves on demand, without getting in your way. ♪ ♪

non-gmo, made with naturally sundown vitamins are all sourced colors and flavors and are gluten & dairy free. they're all clean. all the time. even if sometimes we're not. sundown vitamins. all clean. all the time. i am totally blind. and non-24 can throw my days and nights out of sync, keeping me from the things i love to do. talk to your doctor, and call 844-214-2424.

that's what happens in golf nothiand in life.ily. i'm very fortunate i can lean on people, and that for me is what teamwork is all about. you can't do everything yourself. you need someone to guide you and help you make those tough decisions, that's morgan stanley. they're industry leaders, but the most important thing is they want to do it the right way. i'm really excited to be part of the morgan stanley team. i'm justin rose. we are morgan stanley. >> welcome back. good morning it's 5:20 or so. there is a live look at atlanta. a check at some of the biggest stock stories. shares of fiat chrysler are lower down about 2%. responding to the racketeering

lawsuit filed by gm. gm alleging its rival bribed officials for years costing it billions of dollars. fiat says this is an attempt to create a diversion from gms own problems pay pal is buying honey for about $4 billion they have several products and works across about 30,000 on line retailers completing the stock hat trick, a mixed quarter for l brands stories that victorias secret did fall lower the company gave a rather upbeat outlook for the holiday quarter. >> and looking at congress live in d.c >> google may be taking a page

from the political out look. >> first, it is car versus train. we wouldn't show it to you if anybody got hurt you have to see the rest of that video. you are watching "worldwide exchange." . 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. non-gmo, made with naturally sundown vitamins are all sourced colors and flavors and are gluten & dairy free. they're all clean. all the time. even if sometimes we're not. sundown vitamins. all clean. all the time.

by consolidating your credit card debt into one monthly payment. and get your interest rate right so you can save big. get a no-fee personal loan up to $100k.

>> welcome back. a live look at washington, d.c today will bring the third and final day of public hearings in

the house impeachment inquiry following some shock waves from yesterday's testimony from gordon sondland. we'll go now to tracie potts >> reporter: today is the third and final day. there are two witnesses set to face lawmakers and the public. today's final day of public testimony begins this morning with fiona hill. she was the top white house expert on russia hill is expected to share concerns she and her boss had about president trump's personal lawyer rudy giuliani directing ukraine policy >> fiona hill is going to be a powerful wrap up witness she doesn't take any prisoners >> also testifying today, diplomat david holmes. he told lawmakers he overheard a

phone call between president trump and gordon sondland. sondland testified even though the president said no, there was quid pro quo pressuring an investigation to the bidens. >> we all understood if we refused to work with mr. giuliani we would lose an important opportunity to cement relations between the united states and ukraine, so we followed the president's orders. >> president trump says sondland's testimony actually proves his case. >> i think they have to end it now. not only did we win today. it's over.