We start tonight with a move in the financials because while tech stocks took it on the chin today, the banks actually surged the xlf rallying 2 , posting its best week since early december, this as bank of america, wells fargo, jpmorgan and citigroup were all up 2 or more the rally on the heels of a dodd frank rollback ahead of the key fed meeting next week. So, is the bank trade on track or should you fade this move dan . Listen, you mentioned the two events, theyre pretty well known. Its important to mention this week we know that the fed is going to raise 25 basis points next week. What happens to the 2. 10 spread . It really didnt move this week. Also last week, what did we get from a lot of these banks . We got commentary from management that q2 is not shaping up particularly great. You know, yeah, they need a little volatility. They dont need the sort of volatility that we saw in todays action in the nasdaq personally i dont think they do so when i look out to the 3. 5 that the
President should follow. Theres a process in place for the department of defense, for congress, for public comment. And thats the process that should be followed if you really want a solution. This policy is far from settled. To learn the latest changes, download the abc7 news app. Youll receive push alerts like the one we sent out this morning. Happening right now, it is nail biting time as 55,000 fans converge of levi stadium for the game between team usa and jamaica. It starts in about 25 minutes, which puts it at the height of the evening commute. David louie is live outside levi stadium. How is the traffic situation right now . Reporter well, the traffic is doing pretty well. Weve been monitoring the traffic cams, and people did a good job of staggering their arrivals so they wouldnt create log jams. You can see people are streaming in for the 6 30 game, and a lot of people are hoping for a team usa victory. Usa usa usa reporter pride in team usa is breaking out in the parking lot
That the president s transgender wont be allowed to serve in the military. Here are the president s exact words that he tweeted, after consultation with my generals and military experts, please be advised that the United States government will not accept or allow transgender individuals to serve in any capacity in the u. S. Military. Our military must be focused on decisive and overwhelming victory and cannot be burdened with the tremendous medical costs and disruption that transgenders in the military would entail. Thank you. You can see the rest of the tweet right there. Were waiting on reporter lillian kim, and shell have a live report coming up from the castro on a protest that is just about to get under way. And reaction to the president s tweets came swiftly from across the country. Not surprising, it was mixed. Many, though not all, republicans showed support. The party has always had an internal disagreement. This is a small policy change in comparison to say the Health Care Re
See the bullets ricochet off the top of a car. After several moments. The gunman vanishes into club reina where he continued his rampage. Those inside say he fired at random shooting any one in his path. Crazy, people came in shooting everything. I dont know. I saw one person. Theyre shooting. And hiding. So. Club reina one of the swankiest venues popular with local celebrities and tourists. Cell phone video from earlier in the night showed the crowd of r year. The attacker struck shortly after 1 00. In the chaos to flee, some people jumped into the neighboring river. We spoke with this man as he awaited word on his friends condition outside the hospital. Theyre okay. They could speak. And this is the this is the most important now. Reporter theyre fortunate they made it out alive. Yeah. Reporter planning to go to the club but stayed home in part because of recent government warnings of a possible terror attack in the country. There were three separate attacks in december alone. 17,000
Catching balls his whole life then now he cant catch it in the winter. I dont understand it. Then i move on to the o line, i think they would be better. They will be better with lane johnson. Then the corners. The corners were awful this season. You know, i dont think they playing the ball well. They dont bad technique. Im not going to say my thing is they dont play very good technique ball. And they dont have a shutdown corner. In this league, every team needs the number one shutdown corner, every team has great number one receiver. I dont think you can name a team, in the nfl that doesnt have great number one receiver, other than the eagles. Eagles the only team that doesnt have a great number one receiver. You have to have that corner back in can shut down and then a great nickel back. Would have either at this point in time. The corners have been not good. Then i moved on, talked about shim schwartz. Hes over simplistic. Needs to throw them a little bit more wrinkles. When i was he