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Asia a new benchmark lending rate, 4. 25 down from 4. 31 that help stocks early in trading and the hang seng and shanghai gave up those gains. Hang seng down by a quarter of a percentage point stocks in japan were higher. The nikkei closed up by just over half a percent. In europe with the early trading taking place youre going to see that at least the three major averages are in the green right now. Germany just barely. Its just above the flat line but the cac is up by a quarter of a percent stocks are weaker in italy and spain and then if you check out the treasury yields here in the United ...

What we had seen with the weakness last month. Overnight in asia, the nikkei actually was down almost 1 . The shanghai was up by a half percent. In europe you will see the dax is flat. So is the ftse cac is up. There are green arrows across the complex of stocks. The treasury markets this morning will be closely watched. The tenyear at this point is yielding above 2 . We want to start with some developing news. The New York Times reporting that President Trump approved military strikes on targets in iran that would be in retaliation for shooting down a surveillance drone but the mission was ca...

In his position. Retired Santa Clara County judge says its not only bad optics, but brings into question transparency. There are deeply concerning issues here. Its very sad for me because it takes away from work that progressive prosecutors set out to do and unfortunately i think this d. A. Is ethically challenged. This is a situation not about nepotism. The undergoing effort to undermine the work of pamela price. Reporter this man runs a nonprofit and credits floyd for helping him after 21 years of prison. He says he has two decades of experience and believes his qualifications should trump h...

Vix at 16. Jpmorgans point this morning was typically, you have the s p down two plus maybe a dozen times since covid. Couple of those were in the depths of covid but generally, its when the vix was about 20 unless we get a shock, maybe the selling is going to end soon if youre looking for why today, theres a slew of reasons. Started overnight in china with weaker Economic Data across the board even though we got a rate cut there, which should be supportive top data in the u. K. And in the u. S. , the data was mixed retail sales, a lot stronger but markets quit trying to figure out whether goo...

Golden state. This as also eyes remain on hurt kin hilary. Well have an update on the track. Good morning, everyone. Thank you for joining us for our midday newscast. Im scott mcgrew. Marcus and laura have the afternoon off. Our top story this morning, we are still waiting for an update from investigators surrounding an officerinvolved shooting in the east bay. Well take you out live there. This is what the scene looks like right now. Heres what we know. It happened just after 3 30 this morning on Sunrise Drive near pacheco boulevard in martinez. This was at the velvet dispensary. Police say t...