Thank you so much for letting us into your homes on this monday. We are grateful. The beat with katie phang and ari starts now. If i havent said it before, its really good to have you back. Thanks for being here. Thank you, my friend. Have a great show. Thanks. And to all of you welcome to the beat. Im katie phang in for ari melber. We begin with donald trump doing what he does best, trying to delay justice by claiming, wait for it, president ial immunity yet again. Today trumps legal team filing a motion to delay his new york criminal hush money trial, which is currently set to begin march 25th, just two weeks away. Trump argues the trial should wait for the United States Supreme Court to weigh in on his president ial immunity claim. Those arguments are scheduled for april 25th. Trumps legal team writing, the court must preclude the people from Offering Evidence at trial of President Trumps official acts as the commander in chief. Trump claiming that even though Stormy Daniels was pai
Guy every single sector bar. None down in europe. A lot of this out of the u. S. Clearly we see the big market to the fed that is being priced into europe. The ftse is down. You certainly have the pause in effect coming through into the u. K. Market. Taylor wimpey is one example of that. We are seeing affects positive effects coming through of a right pause into european, and more specifically u. K. , equities. The question is, what happens if pi goes up next time . Does the bank of england hike . Who knows. Alix in the u. S. , we are data dependent. We get existing jobless claims coming in under 200,000. We are seeing equities pick up to the downside on existing home sale numbers. The s p 500 is down 1 . Major sectors in the red. Amazon down 3 . Seven Straight Days of losses, its longest losing streak since february. What is different in the bond market in the u. S. Is the front end is rallying. You are seeing buying in the twoyear. Yields are lower and the backhand moves with you guy
Be the first time in a decade. But the Global Market certainty could push that off a bit. Well see. Put your seatbelt on, allen. Could be a wild week. He mentioned the tech stocks. Heres how other big names took a hit. Facebook closed down nearly 4 . Twitter was down more than 2 . And linkedin fell more than 4 . Other big story right now a milestone on the road to recovery in napa. It was one year ago today the ground shook and rumbled. The biggest earthquake to hit the bay area in over a century struck. The 6. 0 quake hit at 3 20 in the morning and was felt all around the bay area. Joe vazquez is live for us in napa with how that community is remembering and really celebrating a comeback. Right now were at Veterans Memorial downtown napa. The band is playing and they have selections like shake it up and i felt the earth move under my feet. Mg interesting selection but one person said were still standing. Reporter at precisely 3 20 this afternoon a High School Percussion band drum roll
Donny hinkeby spent 25 years in jail, serving time for a crime he did not commit. I do not wish prison on anyone, that is the worst place that anyone can go to. The case that was in all of the headlines in 1990. A tourist from utah brian watkins, mugged and stabbed to death in a midtown subway. Murder that really demonstrated how violent new york city was doing that time. The teens, went dancing afterwards, same spot where johnny was out that night dee jaying. I was ready to go back home, i was so scared. And i was willing to do anything. I agreed to memorize that false confession, that is only piece of evidence that ever convicted my. There was no weapon, no dna, no lineup identification. There was nothing. Now in his mid 40s, a lot has changed. In october of 2015 his murder convict was tossed out by a judge, then, just this past wednesday, prosecutor decided to not retry him in the case. So, a sigh of relief is an under statement. My Blood Pressure dropped, i could not believe it. Fr
Bucks . If youre in that ipo, up over 800 . David thanks for reminding me what i missed. I bought apple at 89 at one point. I didnt miss the runup there. It had a good day today, right . Einhorn of green light has made his voice non. It is having a great day. Up 1 1 2 . It was 435 recently. Weve seen it at these levels we havent seen in some time. [closing bell rings] liz there we go. The bells ring on wall street on this friday. Lets see how the day, the week finished up. Night quite there for a move to the green for the entire dow jones industrials. Well take a gain of 44 points. The s p 500 up eight pull points. That does it. Nasdaq up as well, 28 points up. Russell small cap up five 1 2 points. Not a bad move there. David oil, it fell a little bit today but lets look at oil for the whole week. It was down four cents today. Not a big move to the downside. But for the whole week it was down about 2 . Thats what happened with we can see, the middle of the week particularly got hit and