Washington many. But it is stronger than expected much more on china coming up in a few minutes. European equities, again, sliding in the last few hours. Germany basically flat were taking that to 3 decimal points here. France, uk, spain slightly negative, italy essentially flat as well. Finally treasury yields, the tenyear hovering right around 1. 7 1. 69 is where we have it right now. So certainly something that investors are watching. Yeah. You have yields slipping again a little bit this morning, but were off the lows of last week, which briefly dipped below 1. 6 on the tenyear. Thats encouraging yields had such a big effect on equities as we all know. I think on europe the interesting thing to note this morning is that were not seeing a gap up again in terms of the spread of italian over german yields and talk about the potential new election coming up hong kong, is down 9. 5 , shanghai down 5. 5 it is weighing more on the shanghai market. We saw that elevation escalation of conce
Scene. Tell us the latest of what you know. Reporter a fire captain did tell us he has never seen an accident like this where you have four cars involved in the same accident and all catch fire and become fully engulfed. The remains are out here south of highway 85 on the 101. One driver was not able to get out of their vehicle and died in the crash. This happened around 3 30 this morning and its not clear what caused this crash and we know its a chain collision involving four sedans involving one person in each car, and one driver died, and two others went to the hospital, and then the fourth driver walked away, he was on his regular commute from Silicon Valley and going about 70 miles per hour, and he swerved to avoid a plastic wheel fender in the road and ended up colliding with one of the cars. All i know, there were a couple cars here when i stopped, and when i came to a rest the car next to me caught on fire and thats what caused the fire. What did you do . I jumped out and ran o
Down nearly 334 points. The president just weighingin on all of this tweeting moments ago quote what the market wanted to hear from and the Federal Reserve that this was the beginning of a lengthy and aggressive rate cutting cycle. Which would keep pace with china the European Union and other countries around the world. Powell let us down but elysses and in quantitative tightening which should not have started in the first place. No inflation. We are winning anyway but im still not getting much help from the Federal Reserve. So steve, is this fair criticism given the strength of the economy . I think jay powell is simply trying to save face. He had to reverse himself for from last year and now he is saying , we will do it our own way. But there will be another cut by the fall. Kind of a big yawn. December should have happened i dont think today should have happened. Today is just a reverse, one thing that should have happened there for the second thing had to happen. Im not so sure we
That motorcyclist was seriously injured. Police suspect road rage is to blame. And indicate middleton after her surgery. The photo includes a message in which middleton thanks people for their wishes and support. What voters think about immigration. What about the political fight . We have answers coming up. Good day to all of you. Welcome to alex wit reports we begin with the first full weeks of campaigning for the white house. Joe biden and donald trump will go after it. And a new poll showing both candidates with low favorability ratings. The candidates looking ahead at their Duelling Raleryes in georgia yesterday with a hint of what is to come. We know that donald trump sees a different story of american. Thats not thats not you. Two nights ago we heard joe bidens Hate Filledrant of the state of the Union Address. It brings the country together. I will bring it together. Charming. Surrogates for both candidates making sure cases to my colleague on meet the press. Joe biden with one
In eastern india after three trains crashed, making it the countrys deadliest rail accident in more than two decades. A passenger train went off the tracks and hit an oncoming train before colliding with a parked freight train. The with a parked freight train. The army has been deployed to help evacuate the injured with an extensive search and rescue operation ongoing. Prime operation ongoing. Prime minister Narendra Modi is also set to visit the site in odisha state Phillip Schofield says he fears being spat on in the street after it was revealed that he had an affair with a younger colleague whilst presenting this morning. In a new interview with the sun, he admitted hes afraid to leave his house after resigning from itv last week and being dropped by his talent agency. Schofield by his talent agency. Schofield says hes getting by hour by hour with support from his daughters and friends. Hour with support from his daughters and friends. Animal daughters and friends. Animal rights act