About this episode
A strong start for Alibaba in its Hong Kong debut. Shares surge in the first day of trade, delivering a vote of business confidence to the protest-stricken Chinese territory. We’re live at the Hong Kong stock exchange with all of the details. U.S. stocks hit fresh record highs as investors hang on to any signs of progress towards a U.S. China trade deal, while top officials discuss an agreement over the phone. Fed Chair Jerome Powell gives another sign rates are set to stay on hold, saying the central bank is strongly committed to its 2 percent inflation target. Plus, Londoners may be looking for a ride as the city revoke’s Uber’s license over safety concerns, with the ride-hailing giant saying it will appeal the decision. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .