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Thats a United Nations staff member describing the conditions inside gaza as israel prepares for a potential fullscale Ground Invasion in the wake of the Terror Attack by hamas. Well have a live report from israel straight ahead. Plus well bring you an update on the Biden Administrations efforts to prevent further escalation in the region with top officials on the ground this morning in both israel and jordan. And also ahead, more republican led chaos on capitol hill. The partys nominee for House Speaker just dropped out of the race. Good morning and welcome to way too early on this friday, oc...

Market shares. Unicredi, i, it is in the g and raising guidance for the full year. Its a record. Its the 13th quarter of profitable growth. We are getting ahead on profit for the year. In addition to that, we had a positive surprise on systems in charges. We are 200 million better than expected. Infinion cuts the fullyear forecast, but details the cost saving program. We have to confess compared to the previous fullyear guidance, we had to lower our expectations. Previously, we were guiding for 16 billion in revenues. Now we are guiding down to 15. 1 billion. Energy complex quarterly profits f...

Dow down 64, weve got the s p giving up all of its earlier gains, now lower by 3 points. Nasdaqs clinging to a a 5point gain where it had been up 129 points. Kind of losing some steam. Weve seen in the final hour where things can start getting juiced up once again. Lets look right now at what ises propelling the nasdaq. Its actually china stocks. They are grabbing the top spots on the composite led by netease. Look at that gain, up 5. 25 . The the lift comes on a report by bloomberg that beijing is considering relaxing rules that cap Foreign Investment in public companies. So maybe theyre star...

It is better than the nasdaq which is down by 3. 5 for the week. Dow down 1. 5 . Yesterday was a rough day. It was yields. The next board that we will show on the back of everybodys minds. Investors. Normal people are not saying oh, my gosh. 30 more basis points. We are sitting up and taking notice of the 10year treasury now. How low we were for a long time with the backtoback crises. Right. If you look at the steep curve, that tells the story from the lows. The 2year treasury is the same story. Japans central bank maintaining the ultra loose policy. Bank of japan citing uncertainty with the e...

Speaker Kevin Mccarthy trying to appear unfazed by the latest failure in the house to avoid a Government Shutdown. Well go through the rebellion from the farright thats raising concerns about whether a deal can get done. Plus defense secretary lloyd austin confronts republican senator Tommy Tuberville over his blockade of Military Promotions a day after the senator claimed that his stunt is not causing any harm to National Security. And also ahead well have a recap of the Ukrainian President s return to washington where he pressed lawmakers for more military aid. Good morning and welcome to wa...