Friday august 18. Your top stories, 6 00 a. M. On the east coast. The august selloff continue spiking interestrate squeezing consumers and sending investors to sell. After the third day of selling mixed rally, the dow industrial don 46, nasdaq 1046 as well, the s p 500 lower by seven points, edging lower, the ten year yield reaching highs not seen since november 2007. We talk about twentyyear highs, the thirtyyear is settling at the highest since april 2011. The yield is sitting up fourpoint to 25 on the ten year period that is on private basis points this morning. The thirtyyear 4. 39 that is down four basis points from yesterdays highs, investors are hoping for answers at the Federal Reserve jackson hole retreat happening next week were jay powell is expected to take the stand and speak in a speech next friday. We will be covering that jackson hole meeting as well. Mortgage rates also skyrocketing with the thirtyyear fixedrate sitting at 7. 09 . That is the highest rate since april 2
Us this morning i hope you are having a good morning. Im Maria Bartiromo friday, august 18, 8 00 a. M. On the east coast hot topic of the hour President Biden is hosting januarys Prime Minister south korea president today for first leader summit at camp david all about china importants aggression expected to dominate the conversation a fox poll finds 55 americans disproovr of bidens Job Performance on Foreign Policy, 41 say they prove that poll find Foreign Policy ranks last in a list of issues on voters minds of their priorities, with 2 saying it is most important one facing the country right now joining me for hot topics Frances Newton stacy, and daniel garza, it is interesting to me that Foreign Policy ranks so low in terms of importance on polls your reaction. It should not that is disappointing, especially when you consider, that china embedded cog in Global Economy i understand they take up 20 of the worlds economy, russia, 2 in comparison, they dont play by the rules. They are a
To a point. In my opinion, this trial despite what dates anybodys asking for or anything else, it is not going to happen before the election. Plus, the aloha spirit on maui, Lahaina Strong Spray painted on the side of an overpass, but that phrase is being tested every single day. The Recovery Process there painfully slow. Now a key official has resigned as authorities admit theyve searched just 40 of the burn zone. Weve got the latest straight ahead. And deadlier wildfires, record breaking heat and stronger hurricanes all tied to Climate Change, a new study now finds the massive role the richest americans have when it comes to climate emissions, but they arent the ones paying the price. Ill speak with the lead author of that study. But we begin with the move that brings to mind the old adage go big or go home. Former president Donald Trumps lawyers are now officially asking for a major delay in his federal Election Interference Trial in washington, d. C. , asking the judge to push it t
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And tensions between them. Also tonight, the president is preparing to address the nation and the many challenges hes facing right now, ill ask a key member of the biden camp what the president needs to accomplish in his state of the Union Address tomorrow night and a terrifying close call for the Ukrainian President , Volodymyr Zelenskyy, or russian missiles striking not far from his convoy and killing five people welcome to our viewers here in the United States and around the world. Im wolf blitzer, a urine. The Situation Room tonight the path is clear for President Joe Biden and former President Donald Trump to do battle again an unprecedented and likely very divisive rematch that both of them have been expecting. And Many Americans have made it clear they dont want youre cnns jeff zeleny tonight. The curtain finally goes up on a historic president ial rematch. Joe biden and donald trump emerging from Super Tuesday primaries as the effective nominees of their parties. But there are