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Annabelle we are cutting down to asia major market trading opened at the top stories this hour. The s p 500 closes in historic high as the Federal Reserve signals its on track to cut rates for the first time in two years. Haidi officials maintaining the outlook for three cuts this year suggesting that the reason of tech inflation is an uptick in inflation. Annabelle reddit is at 34 a piece, it sold more than 15,000 shares in the offering. Breaking news at the top of the hour, the hkma keeping its base rate at 5. 75 . No big surprises given the hkma is not an independent authority, it follows t...

Make landfall in mexico on sunday and weaken as it approaches the u. S. Border. Places like los angeles, san diego and las vegas, expected to be hit hard. And rare to historic flooding is possible for the deserts. We could see a years worth of rain in just a couple of days. It could move a little bit more offshore, like a glancing blow for the baja peninsula, then it might not weaken. Larry lets get more on this with meteorologist sandhya patel. Itll probably be felt more in Southern California than here. Meteorologist it is a powerful allegory for storm with winds sustained at 130 mph. You ca...

7 billion flowdan to Crypto Assets last week we will discuss that with the delta plot we will discuss them in so much more throughout the hour. Lets get to markets, a hotter than expected cpi print that drove the narrative. In the equity space it was a negative reaction at first. We havent changed her mind about the idea that if a rate cut is coming from the Federal Reserve is not coming until june. We are now up by a percentage point and a lot of the legwork coming from the earnings story. Semiconductors higher. Even as you see rates creep i. The 10 year yield was creeping up and bitcoin is d...

Joining us. Welcome to mornings on two im dave clark. Good morning im pam cook. It is friday. They are take a moment. May 17th and that the fog definitely was very thick along the coast. And the bay. Steve, what about today . Did you encounter any drizzle . I did this morning. Yes, this morning. No i did. So theres a little mr. Clark. No no. Okay. All right. 50s on the temps. Theres some out there. So if your commute includes 80, i think youll encounter a little bit. Another robust, large and in charge fog bank and temps about in line with what we thought yesterday. At least me 60, 70. I dont ...