Data. And with the major indices heading new highs, trading some of the busiest gainers. And before that, we start with todays markets and dom chu has the numbers. Generally a positive week but moving not a lot. Ill show you what is happening with the broader s p 500 which is just a hair below 5300. Just about flat on the session. Again, we were up maybe around 8 points at the highs answer down maybe 6 to 7 points at the loews. So it has been very tight in terms of trading range. But coalescing right around the 5300 mark. And the dow industrials pacing the advance if you want to call it that. 66 points to. And nasdaq pretty much flat down three points on a base of 16,000. So again, very tepid moves, a calm end to the week so far. Well see what the afternoon brings. It is a week of memes and milestones. What drove the markets . The best performing sectors in the s p 500 on a one week basis had been technology, real estate and communication services. Those three again three of the best p
of the so called godfathers of ai and elon musk. yes, he is coming as well. it s being hosted at the historic bletchley park as zoe kleinman reports. the secret work carried out at bletchley park once help the allies win world war ii. today the uk government will host a global summit to address a new kind of threat posed this time both superfast and supersmart computers. we both superfast and supersmart computers- computers. we can set up processes computers. we can set up processes to computers. we can set up processes to really - computers. we can set up processes to really delve l computers. we can set up i processes to really delve into what the risks actually are so we can put necessary guardrails while embracing the technology. artificial intelligence comes with lots of officers, from creating new medicines to revolutionising the way you work but it also has the potential to cause harm. the focus of the discussion today will be a cybersecurity and unstoppable gener
is under way. it sets the stage for a wednesday decision on whether they ll hike interest rates, or leave them unchanged. our business correspondent erin delmore reports from new york. what do you get when you add strong consumer spending? a tightjob market and remarkable growth. you get a resilient economy, an economy that defied earlier predictions of a recession and one that s not buckling under the weight of the fed s interest rate hikes. see, raising interest rates is the fed s best tool to combat persistently high inflation, which consumers have seen reflected in higher prices for nearly everything. and while inflation has fallen by half from itsjune 2022 high of 7%, it s still higher than the fed s target of 2%. earlier this year, federal reserve policymakers hinted that they may hike interest rates once more before the year is out. they ll have a chance this week or at their last meeting in december, or they could not do it at all. investors and economists are predict
see, raising interest rates is the fed s best tool to combat persistently high inflation, which consumers have seen reflected in higher prices for nearly everything. and while inflation has fallen by half from itsjune 2022 high of 7%, it s still higher than the fed s target of 2%. earlier this year, federal reserve policymakers hinted that they may hike interest rates once more before the year is out. they ll have a chance this week, or at their last meeting in december, or they could not do it at all. investors and economists are predicting that policymakers will skip a rate hike this week and, instead, hold rates steady, giving everything more time to work its way through the economy. we ll know the fed s next step on wednesday. one of the many things that have become more expensive for consumers is energy. oil prices have swung wildly over the last few years, due to the pandemic and the war in eastern europe. at one point, after russia invaded ukraine, prices rose to about
deeper behind the headlines and speak live to key players on today s big stories, plus a first look at tomorrow s front pages. good evening from jerusalem israel s military has confirmed that it carried out an airstrike onjabalia refugee camp in northern gaza, saying its target was a senior commander with hamas the group are designated as a terrorist organisation by the uk government. the death toll is not clear but tonight a doctor treating the victims are in the hundreds. the attack happened in a densely built up area that was home to more than 100,000 people. israel has called on civilians in the north of the territory to move south and tonight it reiterated its claim that hamas intentionally uses civilians as shields. 0ur international editor jeremy bowen has the latest. his report is distressing from the start. israel says the destruction came from airstrikes that killed a senior hamas commander and some of his men. it said hamas was using these civilians as huma