From abigail doolittle. Basically inline jobs report. We are looking at unchanged markets for the major averages. And the nasdaq up 3 10 of 1 . The nasdaq is on pace for another record close. In fact all three major averages are on pace for a weekly gain. Turning to a market where there is a little more volatility on the day. That oil had been higher and starting to treat lower. Iran sold maybe 13 million ahead off offshore oil the supply cut deal. Basically taking advantage of those higher prices ahead of the deal. Great the hear two year rate trading higher. This tells us bonds are selling off area the two year yield is actually up on the week. These rising yields are helping the bloomberg dollar index. Rising rates in the bloomberg dollar index. Think the rates will rise more, in light we have the bloomberg dollar index. In blue we have dollar positioning. There has been a nice uptrend since june. This may suggest there are lots of longs out there. Would certainly support more stren
Police still read johnny up from san jose, on the street where they all lived at the time of the alleged abuse. Police sealed . Alecia . Reporter the abuse happened four years ago at one of the houses on this block. It was reported yesterday, and after a thorough investigation. Anthony dias was are arrested. Reporter 33 year old and the folly of the god was booked into Santa Clara County jail for two felony counts of town abuse and sex acts with a child under 10 years old. Police and his victim was 9 years old at the time of the abuse. All, you are kidding me . Wow. Reporter the corrections that he was living with his girlfriend on the 100 block of cedar lane where there are mostly families with young children. It would be hard clinching to know. Reporter most of the people i spoke with and to not remember him. The allegations are deeply disturbing. If they are true, this correction that the fed did not meet the standards of our office and he must be held accountable for his actions. R
Life said ok, what must we do better . Reporter that one of the more somber and emotional moments from todays testimony. There was a lot of fireworks and very heated, intense exchanges. It ismagine the exacerbated by the fact they are talking to the former secretary of state but the leading democratic contender for the white house. All that focus on that testimony. A lot of people using this opportunity to get in some swipes. We will have some of those it changes coming up in just about an hour. Jonathan im curious. Listening to some of the testimony, when we heard the video messages that set this attack off every now is that we now know was completely bogus. She knew it was not a real story immediately. We are finding that out and the testimony. That was a big take away. What are some others . Reporter she was pushed hard on that particular issue. She said her initial stance was putting out possibilities and she did not ascribe all the blame to that. That is a new once we were a lot m
Morgan stanley rose this month. The comity seeing a gain in equity revenue. General electric saw its stock fall the most in seven months. The company failed to deliver a profit market margin. Quarterreport first adjusted earnings that rose 16 5. 42 billion billion. Reject did ak has takeover bid from mens wearhouse. Thank you. President obama today proposed changes that are intended to strike a better balance between National Security requirements and civil liberty protections, as well as you tour operations of u. S. Surveillance programs. Our chief washington correspondent, peter cook has more of the president plosser, and reaction to them. The president tried to walk a balance been today. Beam today. Offering a spirited defense of the u. S. Intelligence agency, saying they offered no indication they were volatility the law violating the law. From the disclosures edwards noted, Public Confidence has been called into question, and it is time for some new restraints. Americas capabiliti
His name from the nomination but is resigning from the pentagon friday due to a story about family Domestic Violence that likely should have been flagged when he was. The tension surrounding iran, its Nuclear Program and irans actions in the middle east. Security jennifer griffin. He said its a rough time for him, but i did not ask him to withdraw, that was his decision. The writing was on the wall for weeks, patrick shanahans nomination had hit a roadblock. First the pentagons Inspector General cleared him of bowling and then publish details of a violent domestic dispute with his wife at the time. Democrats slammed the administration for fourbetting. There was possibly a deliberate concealment here and i think there ought to be an investigation. The shanahan fiasco shows what a shambles, what a mess the Administrations National security and Foreign Policy is. We have a great vetting process but this is something that came up over the last short period of time. That was prior to an ear