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June 21, 2024
Still good wet weather. We will see a little bit of green over my shoulders. We discuss what it will do in terms of impacting your morning drive but eventually nicer weather waits in the wings. Full details coming up. Ukee, back to you. We are following a still developing story Philadelphia Police searching for evidence following a deadly triple shooting in philadelphias fair hell section. Eyewitness News Reporter jan carabao joins us from Police Headquarters with the very latest information. Go...
June 21, 2024
The selloff is now in the seventh day. Three your notes are at an alltime high, 27 . Wont send more bailout money until they are sure it will be reformed. The next move is up to greece. We want increased to grow, to recover an ability that lacked for years and years. There have been policies that have been hard but the sluice into the greek situation wrote lies with greece. Betty you yet European Finance ministers. China passes economic stimulus plan boosting stocks. Rules took effect today afte...
June 21, 2024
You had a sloppy fiveyear note auction for the treasuries today. That has served to push some yields higher today, so theres been a selloff in bonds on the long end of the yield curve and so many other things going on. You want to talk about some of the data weve gotten. That First Quarter gdp number doesnt look that strong and earnings. We have a lot to get to. Weve on a watch for a new high on the nasdaq. Not happening today. That index is down significantly. Its the russell thats up there rig...
June 21, 2024
You know as we said in the report overall measures of equity valuations are on the high side but not outside of historical ranges. In some corporate debt markets we do see evidence of unusually low spreads, and thats what was referred to in the report. More broadly we do try to assess potential threats to financial stability, and in addition to looking at asset valuations we also look at measures of credit growth, of the extent of leverage being used in the economy and in the financial sector, a...
June 21, 2024
Today will be the tiebreaker at least but it just tells you a lot about the month. Its been up its been down. In fact an even number of times. But whats also interesting, lets all remember this is the day before the fed announcement and usually you get a very quiet day ahead of that and youre getting anything but right now. Triggers arent taking a stand either up or down ahead of the fed meeting. Final hour of trade begins with the dow down 129 points after a strong session yesterday. Interestin...
June 21, 2024
At Country Music awards more than 70,000 fans back the at t stadium in texas. That broke the guinness book of World Records for the most attendance at a live award show. She took home three awards. Luke bryan won the entertainer of the year award that is voted on by fans. Lets get you up to speed in the markets. Check out the futures board. This morning, the futures actually indicated up by triple digits. The dow looking at a gain of 120 points. S p futures up 12 points and nasdaq up by 23. Weve...
June 21, 2024
Project tonight was over at this union hall. This Community Meeting started with the ruckus demonstration outside by opponents of the development. It turned into a vocal confrontation between them and union labor leaders who want the construction job. We live in the Community Like they do. While we respect the position we would like them to hear our side of it. Tonights meeting complete with food and refreshments provided by the host was an attempt to spell out the de tallets the details of the ...
June 21, 2024
S live from the kgotv broadcast center. This is abc7 news. The battle over Affordable Housing that is pitting demonstrators against developers. The heated confrontation between those who want homes and those who want jobs. Good evening everyone. Im larry beil in for dan ashley. Im ama daetz. The proposed 10story apartment and condo highrise is at 16th and mission streets. Abc7 News Reporter sergio is live in the mission with the story. Sergio . Yeah that development is actually a couple blocks a...
June 21, 2024
Greeces finance minister says they will not prioritize payments. The u. S. Steps up its strategy against isis as militants secure a key area but King Abdullah tells cnbc its business as usual in the region. The Iraqi Government with Coalition Forces are going to open the route this summer and thats a very strong market thats going to be reopened. Welcome to the show everyone. Weve got some numbers for you in the form of euro zone pmis for the month of may. Those are flash numbers for the manufac...
June 21, 2024
Yoplait. With a smooth and creamy taste your whole family loves. Dont miss yoplaits exciting new flavors creamy caramel and cookies n cream. Live from the kgotv broadcast center. This is abc7 news. The battle over Affordable Housing that is pitting demonstrators against developers. The heated confrontation between those who want homes and those who want jobs. Good evening everyone. Im larry beil in for dan ashley. Im ama daetz. The proposed 10story apartment and condo highrise is at 16th and mis...