Plan parent governor murphy says forill go continue to press tax fairness. According to a bloomberg survey, the central bank is likely to cut rates by a quarter of 1 point in september and again in december before a week as meeting of fed policymakers. Economists were expecting just one rate cut. U. S. Unemployment filings increased to an unexpected high. Job claims rose to 207,000. Among two people eligible held around 1 . Jobless claims remain near historically low levels. Global news 24 hours a day on air and at tick tock on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. This is bloomberg markets, the close. Awayn we are 30 minutes from the end of the trading day. The outperform a today is the nasdaq. This mood music is one of risk on in spite of the mixed message of whether there will be any progress in g20. A ban on tech sales to quality muddied the waters. The euro basically flat. Ofhad woeful data in
Results at the bottom of the hour. Markets off their highs of the morning. We did have a little relief trade higher the s p was up more than 1. 1 at the highs, right back to that 4500 level thats been sticky the dow is closer to its highs of the month, actually and the nasdaq outperforming a little bit today as bond yields remain fairly tame, carl. Got the tenyear back to 3. 95 for a moment the vix back below 15 for a moment signs we had gotten used to in july we relaxed a little. The weekly claims is digestible but there was an uptick. Soft landing premise remains intact well see if the markets get tested on that assumption at this point cooler than expected inflation driving markets after that cpi report exfood and energy at lowest levels since october of 2021 but the probability of another rate hike in september down to 10 . Is the fed on the cusp of executing this soft landing many thought impossible joining us pimco managing director josh schneider. New data anything change about
, they assume that there are actually dead and wounded and victims, in fact, official sources have already reported this, thats what let me remind you once again that what is happening on the spot now is footage that is received in real time. But in the meantime, the war cabinet in israel urgently met today, speaker tsahal said that israel will increase the number of gas strikes and calls on residents. As the idf representative emphasized, the country is ready to launch a ground operation, it will continue until the Israeli Defense forces liquidate hamas structures, but the chief of the general staff spoke to the fighters, without giving a time frame for the offensive in gaza. Behind the situation on the middle east is being monitored by my colleagues, alexey konopko and stanislav bernvalt. Israel, according to the american media, is warned against opening a second front, but de facto it already exists. Skirmishes with hezbollah do not stop even for a day, in response to antitank shots
A fatal strike was carried out on the alyakhli hospital. Then , according to palestinian doctors, almost 500 people became victims of the rocket attack. Meanwhile, the Israel Defense forces called on residents of gaza to evacuate to the southern part of the enclave. The idf plans to increase the intensity of strikes against sector. At the same time, the Israeli Military conducted a raid on the west bank of the jordan river , according to their information, they arrested one of the hamas leaders and 20 militants. In the group. In israel , the war cabinet met urgently on saturday. The chief of the general staff spoke to the fighters, the idf speaker said that the country is ready to begin a ground operation, it will continue until the Israel Defense forces liquidate hamas structures and destroy the groups commanders and those responsible for the october 7 attack. Also on saturday tsahal announced that he had struck a terrorist cell near the border with lebanon. According to them , the gr
Im Gasia Mikaelian pro palestinian protests continue to grow on us College Campuses. Overnight, dozens of protesters were arrested on the campus of New York University as police moved in. Some protesters took to the streets of manhattan demanding a cease fire in the war between israel and hamas. More than 30,000 people in gaza have been killed in 200 days of war. Activists at Columbia University continued to demand the school divest from Companies Selling weapons to israel. The climate has changed, and now were more and more confident that we will be able to achieve our demands. Most classes at columbia will be hybrid for the rest of the spring semester, due to tensions on campus, students at uc berkeley pitched tents at the sproul steps near the schools sather gate. Its their latest demonstration calling for an end to israeli attacks in gaza. Ktvu james torres explains how the school is handling the protest. What youll see here at uc berkeley is not nearly as intense of what youve see