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the end of the tunnel, more investors by day s end concluded it was a train coming at them and fast. to susan li with what went down by stocks going way down. susan? you re right. we did close off that bear market level. the dow jones industrials sub 30,000 now. the lowest close that we ve seen for the dow jones since november 2020. that means the last two years of gains have been wiped out. you have fear an wall street at the highest in three months. several factors here affecting sentiment. that includes the on going war in ukraine and also a stark realization this week that the federal reserve and chair jay powell is serious and adamant to keep raising interest rates in order to kill and bring down 40-year high inflation. 75% of wall street now expected interest rates to cross 4% in november this year. that means you re getting the highest yields on ten-year government bonds in 12.5 years. so the good news here is that higher rates is destroying demand. that s brin ....
daniel hagari has said that israeli forcies rescued hostages from hamas whilst under fire. this morning at 11am israeli special forces conducted a complex rescue mission and successfully rescued four of our hostages from hamas captivity in gaza. noa argamani, almog meirjan, shlomi ziv and andri kozlov. they are back home in israel. they are alive, they are well. they will undergo medical examination and will soon be reunited with their families in the hospital. noa, almog, andri and shlomi were rescued after 246 days in hamas captivity after they were brutally kidnapped from the nova music festival on the 7th of october. this was a high risk, complex mission, based on precise intelligence, conducted in daylight, in two separate buildings deep inside gaza. while underfire, underfire inside the buildings, under fire on the way out from gaza, our forces rescued our hostages. israeli forces have been preparing for this rescue mission for weeks. they underwent intensive trai ....
The fact that you see these people that are potential conscripts fleeing the country is very significant. what is missing here? what is missing is they were fighting for the motherland in world war ii. they have no purpose. they don t like this war. they didn t ask for it. they don t want to fight in it. i think that that is further hurting vladimir putin s judgment as well as his reputation. neil: there s been more protests as your aware in st. petersburg. more than 1,400 rounded up, arrested by russian soldiers. don t know where they are right now. this is popping up all over the country. in st. petersburg, this is the third time in as many months. yeah, absolutely. it s not just petersburg. it s other plays. same problem in moscow. and look, the russians have a long history of being able to deal with these kinds of things ....
Reservests on on the of soldiers marshalls on to fight the good fight as vladimir putin says. a lot of these folks don t see it as a good fight but a good chance to get out of town. easier said than done. let s get the read from lieutenant general jerry boykin, best selling author, a delta force commander. i often say about the general, don t mess with him. good to have you. it s interesting, general. last time you and i had the pleasure talking or i talking with you, you talked about how important it is that he maintain that support at home. there s fractures there. are they serious? yeah, i think these are serious fractures. don t think it means the immediate down fall of vladimir putin. in world war ii, they lost 27 million people. almost 12 million of those died fighting in the red army. so they will fight. ....
Inflation, there s things that have continued to come down. we basically have two months of flat inflation. that said, even though going from 9.1 to 8.3 in the headline inflation in two months is progress. you re absolutely right. it s not good enough. and particularly on food prices. you know, we have not seen the kind of downward movement that we want. we re focused on it. what we re trying to do and what this president is actively doing is fighting for things that will help families pocket books. now, you know, even if you can t have a magical solution in some areas, you can do things like have medicare negotiate prescription drug prices and brings the costs down. you can cap neil: that s years in the making, right? that s not true. that will hit in a few months. a lot of the tax incentives in the inflation reduction act for energy efficiency are take place right now. there s several things in there including not requiring companies to give a rebate too ....