Joining us for the entire hour is dan nathan, founder of risk reversal advisers. Welcome back to you. Sara. So theres something youre looking at about the s p 3000 level and fed meetings if you go pack to july 31st, the last time that the fed met, they cut a quarter basis points Interest Rates the first cut in ten years and the stock market was above 3,000. And and it wasnt until the trump tweet the next day that we broke down and stayed down all of augusts here we are now, expectations are for another cut, and it seems like the s p has really paused again at the same level, about 3,000. Weve got lots to discuss with dan, but lets drill down on the big stories were watching today bob pisani is tracking the big reversal leslie picker has details. Mike santoli has a special market dashboard ahead of fedexs earnings which hit after the bell and well have for you here on closing bell. A big day in oil. Oil dropped right after the open on a reuters story that saudis oil output would be full
That the process of preparing the electronic account of the military conscript will be completed, which will be voluntary, but in my opinion it will relieve the activity of the tsc, that is, fewer people will come there to clarify the data, and every conscript who has a desire, because it is voluntary, and not an obligation, he will be able join, register and go through clarification. Data remotely, regardless of where it is located, whether in the territory of ukraine or abroad, in addition, conscripts will be able to undergo data clarification through snappy, active preparation is currently underway, because they do not have a database and do not have, in principle, understanding , as it will happen, their regulatory documents are now being prepared so that the snaps will be ready from may 18 or. Tell the person clearly which document needs to be filled out, which form it is, what should be there it is indicated, that is, active preparation is now underway, will the updated law work,
Forecast today. Hows traffic looking . Its good, just your usual overnight roadwork right now. So if you are traveling 880 on the nimitz freeway, they have various lanes blocked for the next hour and a half between 29th and 23rd but as you can see, so far theres no delay. Sometimes you do a traffic break in the next halfhour so that causes a bit of a backup but if you head out now youll be fine. Right now. Right now anywhere you live. Police in san leandro are talking to witnesses after a triple stabbing. It happened at about 8 30 last night at shilohs cocktails on manor boulevard. A fight broke out between six or seven men and three were stabbed. They suffered injuries to their torsos and are being treated at the hospital. Police say the bar was crowded at the time of the stabbing. Looks like there were a lot of folks in the bar, i dont know if it was a party or what about you there was quite a few people in there. The bar was taped off overnight as investigators talked to witnesses.
Roadwork through the Altamont Pass. Eastbound it is scheduled to be out there for a while between north greenville and north flynn and westbound we are just seeing the usual delays right now out of the tracy area through the livermore valley, it clears up a lot past north flynn. Heres a live look near the dublin interchange, its beginning to pick up steam between hacienda and 680 but overall not too bad. All right. Thank you, elizabeth. With the drought emergency in california, Governor Brown is trying to reach consensus with Business Leaders on water conservation. Kiet do joins us from lexington reservoir in Santa Clara County to tell us about resistance to cuts. Reporter its dark now but seeing our reservoirs this low is a stark reminder that we have to do something so this week was the deadline to submit comments to sacramento about the governors plan to reduce water usage. And they got hundreds of comments. The most pushback came from the Business Community. Heres the city of vacci
Saying that it gives Illegal Immigrants access to tax credits and retirement and disability benefits that is to say that gives them de facto amnesty. Political editor stephen diamond, National Review Investigative Reporter and Jillian Melcher will be with us. Under fire tonight after reports that supervisors at this location ordered employees to falsify the Training Record of 72yearold reserve deputy who ended up killing an unarmed man when he mistook the gun for a taser. And what happened in the mandolin in his gyrocopter in the Nations Capital two and who gets the rights to frozen embryos . We will have the attorneys judgments tonight and we begin now with a conflict of interest issues surrounding the relationship between the Clinton Campaign and republicans are hammering the clintons over the newest controversy, revelations will continue to accept donations from foreign governments and leading republican rand paul pointed out the grand hypocrisy concerning prior donations. Will be c