music entertainment business seperately on an american stock exchange.oposed—spin off in a statement, but didn't reveal the size of the offering, nor which market in the us they intend to register with. former brazilian president luiz inacio lula da silva will remain injail, a judge has ruled on sunday. earlier today two different judges issued conflicting orders: one to release the politician from jail and another one to keep him in prison. lula was arrested in april after having been sentenced to 12 years in jail for corruption. you may have been glued to the screen if you area have been glued to the screen if you are a football fan. england and croatia were playing pretty critical matches and both came out as winners. football fans in england and croatia flooded the streets as the two sides progressed to the semi—finals of the world cup. the tournament has now been running for three weeks, with many games scheduled during working hours. the bbc‘s tom davies has been finding out how employers have tried to accommodate all the football on tv. from the p

well of stock exchanges charging way too much for financial markets data following a complaint over steep prices the european securities and markets authority is reviewing what several european exchanges charge including euro next and mother it according to european law all the prices must be fair many operators pumped up a prize a significantly at the end of the here. for more on that let's cross over to last who is standing in frankfurt act adored one of the stock exchanges under investigation here last what is the shippers is saying to all of that but monica as you just said prices should be fair and torture birds insists that they at least are actually charging fair prices and the tough course start of surprise but as a matter of fact the has lowered their prices for a lot of private clients but they have raised prices indeed for corporate clients now that is of course algorithm traders that is high frequency traders who built the entire business model on the data they receive of course and i want to just read one thing to use to understand what kind of money we're talking about a per

submitted a proposal to list its online music entertainment business separately on an american stock exchangermed the proposed spin—off in a statement that did not reveal the size of the offering zero which market in the us they intend to register with. on to what you can expect this week in terms of economic events on the calendar. it kicks off with an initial public offering today. xiaomi will begin trading and the share value is $54 million, drastically lower than they had hoped for. on wednesday, china appears before the world trade organization in geneva as part of a regular review of member countries in the trade grouping. the chinese government has said it remains fully committed to opening up its economy under wto rules. also on wednesday, the malaysians central bank meets and on thursday it is south korea's central bank's turn. will they raise rates to keep pace with the us? and on thursday as well, donald trump is expected to arrive in the uk. to get a sense of what all this means about the economic calendar ahead, investment adviser brock silber says he is being cautious about xiao

and borderless stock exchange rich. does not distinguish between geographic boundaries was does not distinguish between entrepreneurs from one country and the other of course you have regulation to take it off and starting some areas starting in switzerland but we aim to go across the globe to most important securities to distinctions and we aim to democratic base the process of copper grazing for the common man so this is as mainstream as block chain can get and this will be the project that will have them we lost touch because this project aims to touch the people outside of the clip the economy the investor in a london stock exchange for example are the street and rest up and the companies ridge are small to medium enterprises in remote corners of the globe and aretha so you've already already started this in short you're learned and then you're going to expand are you not yet actually doing it are you doing are you doing a raise first were you in the development of himalaya. preparing for an initial raise and we do

but probably all over the world so for a surprise us thank you very much at the new york stock exchange. they're calling it mexico's first electoral landslide sunday's election was a historic one and will give president elect and his men when unprecedented power to make sweeping economic changes but like his u.s. counterpart donald trump his political agenda can't change wildly from one speech to another so we are taking a look at what could be ahead for mexico. the economy was at the core of andrus manual lopez obrador campaign his strategy from mexico follows three main strands. mexico is one of the largest producers of oil in the world the black stuff accounts for about a third of government income obrador has long criticized the opening up of oil production to private investors but he's pledged to continue to sell off if there's no corruption present in the deals he also says he'll freeze energy and petrol prices. the president elect also pledged to tackle corruption he says he'll stand up for the average hard working mexican who's being robbed by corruption will hand out more benef

could harm business or it let's discuss this with our financial correspondent at the new york stock exchange and it's good to see you so far the markets have been quite cool about this ongoing tariff dispute but we know that if this goes on to cars it could be a full on trade war what will actually witness here so is that a turning point potentially for investors. the car industry certainly would be the big one more than four million. people are employed in the broader car industry and that would certainly hurt the labor market in old saw some of those companies involved and make chili a lot of people already start talking about that it's that the trade war has started we will have a crucial moment on friday when china actually might impose import tariff especially aiming at u.s. car imports in the amount of twenty five percent so yes the trade war seems to be already here but well we still have hope that maybe the car industry can be avoided now let's talk about the companies that are being hit with these terrorists we've seen everything from catch up into motorbikes how are companies deali

diane king hall is at the new york stock exchange with more. good morning. >> good morning. the minister in charge of negotiating britain's withdrawal from the european union resigned this morning as did a junior minister. the resignations could jeopardize the government of prime minister theresa may. david davis stepped down following a weekend cabinet meeting to solidify plans for britain to leave the eu. davis and other supporting brexits expressed unease to maintain close trade ties. they say it's a betrayal of the promise for a clean break. davis said it would leave

income generating business our financial correspondent carl who is in at the frankfurt stock exchange thank you. well asian markets a tumbling as trade tensions rise shares in the hong kong stock exchange a fall in two and a haul three percent this is the united states and china the world's two largest economies prepared to slap each other with tariffs on billions of dollars of each other's products come friday and for the most part it looks like its consumers wallets which are set to take their hate. a large number of u.s. imported products including nuts cheese meat and whiskey are said to be affected by the tariffs with just days to go before the next round of tariffs kick in customers at an international supermarket chain in beijing are distinctly unimpressed i think it's stupid that no one is getting anything. to say really stupid. retailers are also concerned about the trade dispute and they say the prospect of a hefty a shopping billed will lead to declining sales of american products which they stock. very few were jazz just see if these tariffs are added to then we will defin

music entertainment business seperately on an american stock exchange.proposed—spin off in a statement but didn't reveal the size of the offering, nor which market in the us they want to register with. the uk high street is set to see more closures with mothercare announcing 60 stores will close by june next year. that's up from the 50 it had earmarked for closure. the uk retailer said its childrens world division was being placed into administration. the closures put 900 jobs at risk. it is supposed to be a big day for the chinese smartphone maker xiaomi but shares got off to a shaky start on the first trading day in hong kong. yes, shares dropped some 6% as asian markets opened earlier today but have since recovered for the world's largest fouth largest smartphone maker. with us now is stephen mcdonell in beijing. as ever with these listings there is so much expectation and this did not start well. yes, in the initial hours at least some would say it was a disappointing performance from xiaomi on the hong kong stock exchange, dropping from 17 hong kong

let's go to the new york stock exchange with nicole petroleum.winners. >> we're looking at weekly winners and losers. what is interesting last week's winners are winners and last week's losers are winners. you get how that works? johnson & johnson and intel leader from the dow of the last week walgreens was down 11% when it joined the dow jones industrial average. nike, chevron, walmart, nike down 4%. last week it was a top performer. nation book all-time high. cheryl? cheryl: have a great weekend. let's bring in the "countdown" closer. alex, good to have you on the show. jobs, jobs. hey. but the economy has been strong. it has been a 10-year bull market. in for more of the same or are you worried? >> the economy is like healthy 80 years old. in one sense they're healthy but in another sense they're not getting any younger. this 10-year bull market will slow down eventually. we saw numbers from employment. i would love to talk more about that. cheryl: i love to get your idea on the economy. you talk about automation. this is fascinating. one thin

pilot at the end of the day actually increases fees for the new york stock exchange and exchangee should take a step back explain landscape. >> you still about 10 years ago, securities securities exchange put forward rule you referenced the goal to promote competition, and they were very successful in doing that, we saw the number of exchanges and an, but now trading across 13 exchanges, dark pools more frag traditionmentation cheaper for retail to get execution in market to buy or sell, but the downside, the trade-off that you get with that competition, is the markets are much more fragmented for large investors harder to trade, so there has been some frustration, in how the markets evolved over past 10 years, and so what the commission is trying to study now, is are those brokers that are trading across those venues making decisions that are the best thing for client they want to study that, our problem with the proposal is that it doesn't measure that not testing whether or not there are conflicts in the market more experiment for transaction fees really just -- going to end u

diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. >>> well, some ritz products are being recalled due to a salmonella risk. mondelez which manufactures ritz products is recalling ritz cracker sandwiches and ritz bits in the u.s. whey powder may have been the cause of the salmonella outbreak. >>> president trump assures more exhibits will be made in america. there was a demonstration. the showcase will showcase american made products arranging from beef jerky to the f-35 fighter. last week trade issued weighed on the major markets. the national averages ended about where they started. >>> electric carmaker tesla has reportedly asked some of liers th of theayment 6. they're seeking a price reduction from suppliers. >> there's been an unexpected shift in leadership at fiat chrysler. sergio marchionne has asked for a replacement after his health has taken a turn for the worse. he's 66 years oil and had shoulder surgery last month in zurich. he spearheaded them. he'll be replaced by mike m

diane king hall is at the new york stock exchange with that and much more.d morning, diane. >> good morning, hena. well, canada has begun imposing ta$12.6 billion worth including steel and catsup. some like steel and eastern fir 25% tariff. others like catsup, pizza, and dishwashing liquid have been. he said to make decisions accordingly when buying u.s. goods. >>> anxiety sent stocks lowered this week. they would end up hitting the global economy. all the major averages lost ground for the week which closed out the second quarter. >>> electric automaker tesla produced 5,000 of its lower priced model 3 last month. they're designed to ship them into a mainstream manufacturer. at that time ceo elon musk promised to add 5,000 per week by december and 10,000 per week by this year. >>> and for your the second week in a row, "jurassic world: fallen kingdom" topped the box office. its estimated that the sequel to "jurassic worl" earned an additional million bringing the tellal to $265 million. "incredibles 2" took second followed by "sicario." hena? >> all movies i

diane king hall is at the new york stock exchange with that and more.morning, anne-marie. the united states is preparing to hit another $200 billion worth of chinese imports with 10% tariffs. this morning china called the move totally unacceptable and promised countermeasures. thousands of chinese products will be targeted. everything from burglar alarms to fish sticks. the new tariffs will not be imposed for two months following a public hearing, according to an administration official. last friday they slapped 25 tariffs on billions of dollars worth of chinese imports. the trump administration says china is hurting the u.s. by stealing technology. china retaliated by placing tariffs on chinese imports. senate finance chairman orrin hatch called the latest round of import taxes reckless. it's sending stock futures sharply lower this morning. now yesterday the stocks on wall street finished higher for the fourth day in a row. the dow rallied 143 points. the s&p 500 added 9 points. the nasdaq gained 3 points. >>> pfizer says it is holding off on raising

anne-marie. >> diane king hall at the new york stock exchange.o much, diane. >> thank you, anne-marie. >>> still to come, a powerful performance on stage. more than 150 victims in the sex abuse scandal received a special award at the espys last night. now? watch me. ( ♪ ) joni: think i'd give up showing these guys peopl activpsartis it's a different kind of targeted biologic. it's proven to help people find less joint pain and clearer skin. don't use if you are allergic to cosentyx. an increased risk of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptoms of an infection. or if you have received a vaccine, or plan to. if you have inflammatory bowel disease tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. mitzi: with less joint pain, watch me. for less joint pain and clearer skin, ask your rheumatologist local army base. what officials are saying about the injured. we're learning more about the suspected rideshare rapist...and how officials say he prowled

diane king hall is at the new york stock exchange. lot, diane. >> all right. >>> still to come, a student a walk to remember. a college student determined to get his job gets a huge surprise. nt determined to get his job gets a huge surprise. you may have gum problems and could be on the journey to much worse. help stop the journey of gum disease. try parodontax toothpaste. ♪ only tylenol® rapid release gels have laser drilled holes. they release medicine fast, for fast pain relief. tylenol® hnew litter?lled this no. nobody has! it's unscented! (vo) new tidy cats free & clean unscented. powerful odor control with activated charcoal. free of dyes. free of fragrances. tidy cats free & clean. when no scents makes sense. when i walked through a snowthat's when i knewtte, i had to quit. for real this time. that's why i'm using nicorette. only nicorette gum has patented dual-coated technology for great taste plus intense craving relief. every great why needs a great how. job. and that's not all. a thick cloud of smoke has covered yosemite..

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diane king hall is at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. let's start with this. a roughly 19% plunge in shares of facebook pushed the nasdaq back. there was another round of strong company earnings. in the end, the dow rallied nearly 113 points, the s&p 500 lost 8 points, the nasdaq slumped 80 points. >>> after the bell, amazon released its quarterly report card. the profits topped $2 billion for the first time. business and dvertising continues to grow. revenue soared 39%, but that missed analysts' expectations. over the past year amazon shares were up nearly 72%, pushing the econ giant to be more valuable than apple. >>> disney is said to become the latest company to stop using straws and stirrers at all of its locations. the new policy dropping single-use plastics will go into effect by the middle of next year. disney said it will eliminate more than 175 straws and 13 million stirrers annually. disney said the move part of its longstanding commitment to stewardship. >>> and doughnut lover

>> diane king hall at the new york stock exchange.lot, diane. >>> still ahead, turning the tables. >> i didn't know i could lift 215 pounds. i didn't know i could do that. >> well, a waitress who was groped in a restaurant takes down a customer. fibromyalgia is thought to be caused by overactive nerves. lyrica is believed to calm these nerves. i'm glad my doctor prescribed lyrica. for some, lyrica delivers effective relief from moderate, to even severe fibromyalgia pain and improves function. lyrica may cause serious allergic reactions, suicidal thoughts or actions. tell your doctor right away if you have these, new or worse depression, unusual changes in mood or behavior, swelling, trouble breathing, rash, hives, blisters, muscle pain with fever, tired feeling or blurry vision. common side effects: dizziness, sleepiness, weight gain, swelling of hands, legs, and feet. don't drink alcohol while taking lyrica. don't drive or use machinery until you know how lyrica affects you. those who have had a drug or alcohol problem may be more li

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ramy: over in china, the stock exchange in shanghai has been boasting about how cheap stocks are.ange to hear from a stock exchange, but do they have a point? a point, buty have it is interesting to see front-page news in china with the stock exchange, talking about the deep discount valuations in the chinese market. the point really comes down to something we have been discussing quite extensively over the last two weeks is how far does something have to fall before people want to step in? we heard from socgen, saying the pricing of the shanghai comp was basically showing that 5% earnings downgrade when consensus forecast is around 15 or 16%. what the folks over at goldman are saying as well, and it's really about the earnings report. the great chart in the gtb gtv library shows that. we are back to valuation levels. you know, you have to bear in mind that the economy is already slowing at the fastest pace since 1990. everyone is aware of the slowing economy. that is not to say that it could not lowdown even more than people expect, some fund managers have been alluding to that p

diane king hall is at the new york stock exchange with more. good morning. >> good morning.e of negotiating britain's withdrawal from the european union resigned this morning as did a junior minister. the resignations could jeopardize the government of prime minister theresa may. david davis stepped down following a weekend cabinet meeting to solidify plans for britain to leave the eu. davis and other supporting brexits expressed unease to maintain close trade ties. they say it's a betrayal of the promise for a clean break. davis said it would leave britain in a weakened position. may disagreed. >>> this morning u.s. and china release inflation figures. for the weeks stocks finished harder in part due to friday's strong payrolls report. >>> over the weekend, the trump administration announced it was freezing payment that protects health ensurers with sicker patients from financial losses. last year the risk adjustment program paid out $10.4 billion. under the affordable care act, it redistributes profits to companies with sicker enroll lees. it's expected to add to premiums

>> diane king hall at the new york stock exchange.ght, thank you. >>> well, still ahead, a shark tale. how suspected thieves used a baby stroller to steal a shark in texas. welcome! hi there. so, what do you look for in a vehicle? sleek designs. performance. dependability is top on my list. well then, here's some vehicles that deliver on that. woah! wow. oh jeez! that's our truck! it's our truck! and they're our cars! that's my chevy! chevy's the only brand to earn j.d. power dependability awards across cars, trucks and suvs three years in a row. awesome. i'm proud. it's like a dynasty. it's impressive. threatens thousands of homes and other structures... we'll have the very latest from lake county... the brutal start to the wildfire season is taking its toll on california firefighters... we'll take a closer look at the extraordinary challenge they're facing. and cyclists are pushing for changes on a winding stretch of bay area road after a close call is caught on camera.. join us for kpix 5 news this morning... beginning at 4:30. >>>

diane king hall at the new york stock exchange with that and more. good morning, diane. >> good morning, anne-marie. >>> the u.s. is on pace to become the world's biggest oil producer. that hasn't happened since the 1970s. the u.s. oil department says oil will grow to 8 million barrels a day pushing production ahead of both saudi arabia and russia. that could change if they boost their production. meanwhile the price of oil fell partly because libya said it will start exporting oil again. >>> here on wall street the stocks sowered on news that president trump plans to impose more tariffs on chinese imports. here on wall street, the dow tumbled 219 points, the s&p 500 lost 19 points. the nasdaq dropped 42 points. >>> a new rule from the drug enforcement administration requires drug companies to justify need for opioids before they manufacture them. the dea could issue stricter limits on opioids if they feel they're being misused. attorney general jeff sessions says the dea will be more responsive to the response on the ground. >>> and american eagle h

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anne-marie. >> diane king hall at the new york stock exchange. a lot, diane. >> thank you, anne-marie. >>> still to come, induction day at cooperstown. some of major league's biggest stars are honored in an emotional ceremony. ( ♪ ) mike: i've tried lots of things for my joint pain. now? watch me. ( ♪ ) joni: think i'd give up showing these guys how it's done? please. real people with active psoriatic arthritis are changing the way they fight it. they're moving forward with cosentyx. it's a different kind of targeted biologic. it's proven to help people find less joint pain and clearer skin. don't use if you are allergic to cosentyx. an increased risk of infections and lowered ability to fight them may occur. tell your doctor if you have an infection or symptoms of an infection. or if you have received a vaccine, or plan to. if you have inflammatory bowel disease tell your doctor if symptoms develop or worsen. serious allergic reactions may occur. mitzi: with less joint pain, watch me. for less joint pain and clearer skin, ask your rheumatologist

while of stock exchanges charging way too much for financial markets data following a complaint over steep prices the european securities and markets authority is reviewing what several european exchanges charge including euro next and mother it according to european law all the prices must be fair many operators pumped up prices significantly at the.

china's biggest take company ten census it plans to spin off its music streaming service on a stock exchange indian ited states the operator of the platform says it hasn't decided on how to its plans to sell a ten cent music in a filing to the hong kong stock exchange where it shares traded it said the deal had been given regulatory approval that music service counts more than seven hundred million active users. and shares in another chinese take china and shower me took a tumble as they made their highly anticipated debut on the hong kong bourse but a lot of their way back to just under the offering price at the end of the day the long awaited i.p.o. has been overshadowed by trade tensions between china and the united states and weakness in global markets. well germany's powerful industries facing the car industry rather facing the threat of higher you as duty as washington last month threatened to impose a twenty percent import tariff on all e.u. assembled vehicles the u.s. justifies the thread by pointing to you live east on us cars but on the w t o rules the e.u. can't just lower tariffs

diane king hall is at the new york stock exchange with that and more.ng, diane. >> good morning, anne-marie. the ride-hailing service uber is being in ed by the federal government amid allegations that its pay structure discriminates against women. the equal employment opportunity commission began the investigation 11 months ago. uber faces stiff fines if it's found it broke the law by paying women differently than men for performing the same jobs. if that happens, it could impact uber's initial public offering planned for next year. >>> investors are keeping an eye on fed chairman jerome powell's first congressional testimony. today he'll testify on the economy and monetary policy before the senate banking committee, tomorrow the house financial services committee. powell is expected to reiterate the fed's stance towards gradual monetary tightening, signaling optimism on growth and inflation. >>> now, yesterday, the major averages finished mixed on wall street. p 50do0 shthedos 2e, eath re na fell 20. >>> amazon appears to have smoothed out most of the

be heard in berlin all right our financial correspondent conrad was in first at the frankfurt stock exchange good to talk economy thanks. well u.s. president donald trump says officials from his administration are set to meet with the e.u. counterparts over the trade to speak to the e.u. renewed is found to fight back against the u.s. president's threat to impose a twenty percent tariff phone call imports known a letter to washington the european commission wrote that the move could cost the united states up to fourteen billion dollars in g.d.p. now united states currently opposes a two point five percent tariff on passenger car imports from the european union or to make is in both europe and the united states have warned that high levies could home business. india is in the grip of a heat wave and it's a serious matter heat stroke of course can be fatal and wall ecan dishing is refreshing if you can get it sometimes it's low tech that saves the day. keeping people cool in delhi's baking heat is hard work just ask one of the b.p. workers outside the city rushing to meet increasing demand fro

china's biggest tech company ten cents as it plans to spin off its music streaming service on a stock exchange in the united states the operator of the we chat platform says it hasn't decided on how it plans to sell tens and music in a filing to the hong kong stock exchange where it shares are traded it said the deal had been given regulatory approval and music service counts for more than seven hundred million active users. and shares in another chinese take giant shower me took a tumble as they made their highly anticipated debut on the hong kong bourse but they claw to their way back to just under the offering price at the end of the day a long awaited i.p.o. has been overshadowed by trade tensions between china and the us and weakness in global markets. an environmental group says chinese factories are illegally using chemicals that deplete the ozone layer the environmental investigation agency says eighteen factories have admitted to using bad to chlorofluorocarbons china's booming construction sectors on the pressure to increase environmental standards so they've been using more and more

economy may be peaking stock exchanges in tokyo shanghai and seoul are broadly posting declines with european markets expected to follow suit and lists are skeptical that the record four point one percent g.d.p. growth in the u.s. is sustainable consumer spending and the surgeons soybean exports will be high and the surge and cause of the growth companies in china and in the e.u. had stockpiled their inventories amidst trade war fields. the war of terrorists which we the u.s. and china is now going to hit sales b.m.w. the german car maker has been forced to raise prices on its s.u.v.s sold in china it's because b.m.w. assembles there is u.b.s. in the u. u.s. factory in spartanburg prizes on those vehicles will go up seven percent that's due to the higher tariffs that china is imposing on u.s. products since the beginning of july w. manufacturers' more than one hundred thousand vehicles in its u.s. factory last year which were exported to china. financial correspondent paul blitz joins me now from the front with the stock exchange paul is b.m.w. the only car maker being drawn into thi

business correspondent charles halter had this to say at the francis stock exchange about the latest trade. but first we talked about a trait spat and now we should no longer be kidding ourselves we are in the middle here of an outright trade war between the united states and china now with donald trump's second list on products from chinese that he puts tariffs on a two hundred page long list worth exports of about two hundred billion dollars so there is no way to underestimate how difficult this will make things folk lobel trade not only between the u.s. and china but what implications that of course has for other countries as well and for markets in general and we should also not underestimate however what implications that has for donald trump in the end because as opposed to the first list of products this is a second to new list of products that will be faced with tariffs that includes consumer products so americans every day americans will start paying more for us from china and that will hurt their pocket of course we don't know where this is all going but we know that for su

what china's biggest tech company says it plans to spin off its news extreme ng service on a stock exchange in the united states ten cent says it hasn't decided on how it plans to sell ten cent music in a filing to the hong kong stock exchange where its shares traded it said the deal had been given regulatory approval the service counts more than seven hundred million active users analysts say news of the initial public offering reflects a more upbeat recording industry. where chinese premier league is in germany to meet with chancellor angela merkel the leaders attending a forum on economic and technological cooperation today china is one of germany's top trading partners and both countries have similar. ambitions when it comes to the future of command fracturing the german a strategy is called industry for dog in which smart machines to find the next step of industrial development it's the blueprint for china's made in china twenty twenty five program which has come under criticism of from u.s. president adama drum for in claims of take them to the plan aims to make china the world leader

more live from the new york stock exchange when we return. whoooo.or a hotel that fits... ...your budget? tripadvisor now searches over... ...200 sites to find you the... ...hotel you want at the lowest price. grazi, gino! find a price that fits. tripadvisor. my familyoh!in there. how did you get in the building? jumped off a super crane. what? whoa! skyscraper. can't fix it with duct tape, then you ain't using enough duct tape. rated pg-13. >>> tesla rising in the premarket after a 7% drop on tuesday. the recent decline coming despite the automaker reaching its production goal of 5,000 model 3 sedans by the end of the second quarter tesla has decided to skip a break-in roll testing step in the manufacturing of its model 3 vehicles all this sort of went down while you were away. >> i followed pretty closely >> what do you make of this? >> look, i think that it was really interesting that we thought we got to the 5,000 number that somehow tesla would be able to bust the shorts i'm speaking elon musk interesting debate while i was away between bull and

. >> the ronald reagan motorcade rolled onto wall street today to the new york stock exchange. >> infive years, we've moved from malaise, to hope, confidence, and opportunity. the volume of shares traded hitting record highs, and more americans than ever before participating in the market. we're bullish on the american economy. [ applause ] >> when reagan shows up at the stock exchange, yelling "ronnie, ronnie," is a way of saying america's break. that was ronald reagan's genius. he was able to link economic faith to faith in america. >> no sitting president had visited the new york stock exchange before. no president would have beaten him for the honor had a vote been taken. they gave him round after round of cheers. >> we're going to turn the bull loose. >> the whole world, from reagan's white house on, was basically saying wall street is the engine of our economy. it represents growth. it represents opportunity. it represents the american dream. so these guys were basically saying, we're going to go do it. >> this is the big draw on wall street, the smell of money. >> this is wher

nicole petallides remains live for us at the stock exchange with the latest. down, but seems to found a place to be happy in triple digits, nicole. >> this is somewhat of a shortened week. you might see some volatility. we got in the fed minutes within this hour. the traders are discussing what the federal open market committee will actually do. the idea we see two rate hikes. we're on tap to do that in september. the question whether the doves on federal open market committee put up a fight. there are risks and uncertain think and whether whether the latest pce data shows inflation 2%. they're not willing to declare that we'll see the doves and hawks battle it out. we saw the markets shoot up 190 points, near the session highs we hit after 1:00. we're in the area of challenging session highes. we're holding on to stellar gains, up half a percent for the dow jones industrial average. we're higher for the week. dow, nasdaq, s&p. quick peek at automakers, softening on tariff wars a big move for fiat chrysler. tesla has been under pressure. has one more probe goi

to "squawk alley" i'm jon fortt with michelle caruso-cabrera and wilbur frost at the new york stock exchangee got a lot to get to morning, but we'll start with markets the markets giving up most of their early session gains. the dow was up about 182 points, now just barely above the flat line and joining us for more is kenny from o'neal securities and our own bob pisani good morning to both of you guys what's going on here the semis were up pretty strong at first i don't know why the semis would be higher. >> it was a broad market rally. europe was up. there was talk about concessions with trump created some excitement especially after what happened on tuesday the market was up and then hit it at the end of the day listen, it's a holiday, short week volumes are low. traders trading with trading market not a lot of institutional participation. in here it's just as back and forth trading. so there's no real rhyme or reason other than the always whether it's european tariffs or china tariffs it's going to be back and forth between the two headlines until really until next week with you have all

what still the world's number one economy china however is certainly waiting in the wings our stock exchangeis charging way too much for financial data following a complaint of estate prices the european securities and markets authority is reviewing fees from several european exchanges including euro next to bolster the moderate according to european law prices must be fair when you're operating as pumped up prices significantly at the start of the year. well let's cross over to last how to who's in front put out george burns or one of the exchanges under investigation laws what is torture those are saying about all this. while the orchard bursal obviously says that they are actually charging a fair price for their data that is obviously not a surprise the company has to of course make its case and they are actually saying that they have lowered their prices by about sixty percent for private customers which is of course just one segment of their target audience the other segment of course are big companies corporate clients algorithm traders that high frequency traders and they have built o

but probably all over the world as sulfur of surprises thank you very much at the new york stock exchange and speaking of surprise us it's back to brett now for some sports action and the world cup. oh you're plenty of surprises another action packed day at the world cup in russia that kept the fans on the edge of their seats including my colleague right here nick like in a climb from our sports desk they did it belgium the japan in the dying seconds to reach the quarter final sit it indeed and as can see how boring the first half was it was actually the second often everything cuts kicked off all five goals starting in the fourteenth minutes kinky hair a gucci that we're about to see on the screen opening the scoring for japan you see how that is going to put the pressure on the belgian defense and in the world it to the shock of just anyone watching as i think any one of its assume that belgium would win and all of a sudden two nil for japan. getting that goal quite as blago that was as well but defiant back fight back they didn't get their heads hanging. about to head the ball in about

the up he will in global trade to let's cross over now to last hold a study by the frankfurt stock exchange lesbian w both raising prices for their cars in china switzerland joining the line of nations complaining to the w.t. oh it looks like trump's america first strategy is somewhat going out of hand. yeah what a surprise that is monica i mean global trade is obviously an extremely complicated issue an extremely complex issue it has taken the world decades to come through the system that we're having currently or that we used to have until very recently it's very complicated because you have of course resources on one side well for one side you have a global intertwined demand supply chains and you have a president in the united states who doesn't look at trade in its complexities but he looks at his country he looks at certain deals that he might find fair or less fair and he basically puts a flame to the entire system and right now the whole thing is just going up in flames so obviously it's going to be extremely complicated to reach a balance so once we lost what we had for the last co

traders at the new york stock exchange and, as always, at the cme. right, scott redler at the nyse, scott, it's almost like groundhog day with this trade tension continuing to happening over this market -- hangover this market. i know this is a holiday week, the trading will be light, but until we get this trade situation resolved -- and it doesn't seem like it's going to happen anytime soon -- it feels like this is the way the market's going to be, pretty volatile. >> yeah. you know what, sometimes volatility is good and sometimes you get some downside volatility which could actually happen, and that's why traders are on their toes. last week we started to see a bit of technical damage starting to add up especially around the world. you have china, the shanghai 20% off the highs, you have the dax, which is the leading index in europe below the 200-day, so we're trying to figure out can we hold the 50% of the 2018 range. many traders coming in this week are like can we continue to hold 2700, and will flows continue to go to tech. and today we came in

bring in our financial correspondent susan is following the story for us now from the frankfurt stock exchange con had a crisis over for now can we expect that sigh of relief to play out on the markets today. something like that can be expected but make no mistake what happened in berlin's government in the last two weeks or so has upset a lot of people in the financial world but also business leaders as an international level there are so many different problems to tackle tackle you know donald trump the looming trade war china and the way we're doing business with them iran you know the oil price has been getting back in focus at a time like this what businesses want is a sense of security and trust at home and this can only be supported you know by an image of a unified government that really knows its way sure that the german economy is strong should we really be that concerned. well the german economy is strong that's true but we are the most interconnected economy in europe and obviously in such an economy economic strength is very fragile and we've been getting a number of warning signs

on the hong kong stock exchange, they were up about 24% at one point, and on the shenzhen stock exchange do is 10% and they reached that limit. this is one of the last issues to be resolved. they have paid the $1 billion fine and they haven't prevented the compliance team and change the management. and this is the last thing, putting money in the holding account. critics in the us from both sides say this does not resolve the issue of national—security. they say they violate issues of nationals to be to put ina violate issues of nationals to be to put in a statement the us commerce department said it was the toughest penalty and strictest compliance regime they have ever imposed in such a case and they have defended it saying it would deter other chinese deli communications companies from doing similar things. thank you very much. that is the latest on zte. let's look at markets in asia. after bruising session they we re in asia. after bruising session they were bouncing back today. japan up 196. were bouncing back today. japan up 1%. despite the losses overnight on wall street. let's lo

consequences no country has ever suffered before its discuss that with our man at the front with stock exchange daniel cool so the u.s. has already imposed sanctions against iran what else can washington do and how is all that going down where you are. yeah that's a big question monica one thing is very sure and one trader was even asking if donald trump might have some problems falling as we falling asleep before sending out again one of the tweets first he was blaming in a tweet former u.s. president barack obama and then with a very strong rhetoric you mention it towards the iranian president rouhani this is reminding traders also of those very strong words that he was using about a year ago towards north korea of course now we know with north korea that he was even sitting down with the north korean leader traitors dow that this is going to be the case here also with the iranian one but i can tell you that this has been really affecting the trading day here in frankfurt already on friday we saw a shares dropping here because of trade and comments of mr trump and also today it seems that tra

positive driver absolutely calling out who's in for as a financial correspondent out the front foot stock exchange great to talk to you. so as you see that sarah german market holding then from now the question in the weeks and months to come how long will absolutely know you in the business you know we're following that for us very closely as time rolls on but turning now to some breaking news that's coming in from pakistan the country's alstad prime minister nawaz sharif has been sentenced to ten years in prison a special anti corruption court handed down that verdict is related to his family's purchase of some upscale london flats now sharif who is currently in london is expected to appeal the conviction has called the proceedings a witch hunt a verdict comes as a nager blow to his ruling party ahead of a general election that's less than three weeks away. rescuers in thailand now say that time is running out as they work to free twelve boys and their soccer coach trapped inside a flood of caves and just how dangerous this mission is well it was underscored by the death of a professional diver

that's the question let's go to tim anderson at the new york stock exchange. tim what strikes me more than anything, every day we seem to have these headlines, sometimes it brings the market down but it's almost becoming immune to all of this because i feel like the markets believe this is ultimately going to get resolved what say you? >> ashley we started the day with the headline that trump was just about to put tariffs on another $500 billion of chinese imports. the market is totally unphased by it. now that notwithstanding there's no doubt that automobiles and everything automobile-related is at the epicenter right now of attempts to renegotiate nafta and our renegotiation of trade deals with the eu. the president of the eu is going to be in washington next week. i am sure that front and center the conversations going to be focused on tariff deal for automobiles going in both directions across the pond. ashley: it's interesting isn't it? let me get to chris robinson at the cme to talk about soybeans, the price of soybeans down 50% according to goldman sach