Was about to burst, residents return. The british Food Industry calls for Competition Laws to be relaxed to prevent Food Shortages in the event of a no deal brexit. The bottle of vodka produced from grain grown inside the chernobyl exclusion zone. And at 11 30pm, we will be taking an in depth look at the papers with our reviewers, anand menon and sam lister. Stay with us for that. Good evening. President trump is visiting el paso, in texas, where 22 people were killed in a mass shooting at the weekend. It is now being investigated by police as an act of domestic terrorism. Earlier the president visited a hospital in dayton, ohio, where nine people were also shot dead at the weekend. Mr trump said he was concerned about any group of hate, whether its White Supremacy or any other kind of supremacy, but he himself has been accused of inflaming tensions with his rhetoric. Our north america editorjon sopel has the latest from el paso. President trump and First Lady Melania Trump arrived in
S p up by a point. Nasdaq down by about 4 points. Overnight in asia, the nikkei up 0. 2 the hang seng up by a quarter percent. The shanghai up by a half percent. This is all ahead of those talks expected to resume next week between china and the United States when it comes to trade. This morning on the continent, in europe we will see equities for the major averages, the dax is flat. The cac is up by 0. 6 . The ftse is up by a quarter percent. In the treasury market, you can see at this point the tenyear is yielding 2. 031 well be getting a lot of earnings, big earnings movers in just a minute. First a developing story, the embattled governor of puerto rico will be stepping down on august 2nd the announcement coming late yesterday. He had been under pressure from protester force ne he had been under pressure from protester force ne for proteste nearly two weeks after chat messages were released crowds of demonstrators erupted into cheers after that announcement were looking at some ima
The meeting will come to order, elections to order, i will ask unanimous consent, members of noncommittee be able to sit with subcommittee at todays hearing and ask questions, without objection, so ordered. Good morning and i want to thank todays witnesses for joining the subcommittee ongoing discussion on the status of boeing of 737 max, second and series investigating tragic boeing 737 max accidents, the purpose of todays hearing is to hear from people who fly the airplanes and those who fly in the airplanes. Their loved ones deserve answer. Congress and the industry has worked together to restore confidence and air travel, the foundation of the Community Investigation into boeing 737 max is ensuring safety, as i said before, if the public does not feel safe about flying, then they wont fly, they dont fly, the airlines dont need to buy airplanes, they dont need to buy airplanes, airplanes dont need to be built and if theres no need to build airplanes, no job in aviation, the foundati
The market rewinding as the fed rate cut hopes are dampened. Wall street is getting more bearish as Morgan Stanley says to sell stocks now euro banks are in turmoil as Deutsche Bank takes measures to restructure. Did it come too far too fast, and are we about to see a stock rewind guy . Number one karens back, youre everybodys back now gangs all here all here. And the matching outfit matchymatchy cute. Whats wrong, dan i havent seen you in a month and youre already discounting me no, im loving the Syracuse Orange way to represent, people listen, i think stocks have gone too far, too fast, absolutely i thought that, you know, probably 250, 200 dow points ago, maybe 75 s p handles to go. With that said, you know, the Morgan Stanley, thrive beentive. I think theyre going to be right. The thing on the list that concerns me the most believe it or not is Deutsche Bank and european banks in general. I do think the markets banking way too much on the Federal Reserve that is now people think th
Incredible month where you saw stocks continue to climb add that to year to date dow up 7. 3 . The s p up 19. 5 the nasdaq is up a whopping 37 . Lets put that in historic context. The year to date, you were talking about the nas ddaq with the best first months since 1975 held on to gains gave some back in the second past of the year up 30 by the end of the year. If you look at the s p, up 19. 5 . That is the best performance since the beginning of 1997. That year, s p up 28 . It ended up 31 . Adding to gains, mike, throughout the things. You look at this and look back the pattern in history is that markets that are consistently strong with five months up in the s p 500 happens in the context of generally continuing uptrends. It is not a fluke. That being said, it has happened eight times in the last decade it happened 40 since 1949 the dow was up 100 points in the last minute of trading yesterday. A lot of stuff that gets done at month end. In general, the market has answered most of t