Tilray, ceo irwin simon is coming up. Having a nice double digit increase this morning. Markets giving back mondays gains and then some on some concerns about china weakness and the macro, moodys drawing attention to some banks, worst day for the kre since may. The vix back we havent talked about the vix. Everything is selling off, except for health care, thats up 0. 50 thats thanks to names were seeing in names like eli lilly, potentially gamechanging studies on Heart Disease from the obesity drugs. Overall, carl, its a selloff kind of day, its broad. The focus continues to be on soft landing, no landing well get a key Inflation Report on thursday that will be definitive in trying to figure out what happens there on the policy front meantime, tenyear snuck back below 4 this morning. Were talking about growth now as opposed to inflation. Well see what cpi does to that conversation breaking data out of the new york fed Steve Liesman has that hey, steve. Good morning, carl. Some mixed da
And the s p 500 spell fresh peaks. And truce talks hanging in the balance as Vice President Kamala Harris calls for a sixweek halt to fighting among the humanitarian catastrophe in gaza. Given the immense scale of suffering in gaza, there member an immediate ceasefire. And delivery hero driving gains on the stoxx 600 after the food Company Announces a fresh Financing Deal to clean up its balance sheet. Welcome to your monday edition of street signs. As we kickoff what could be a very busy week indeed. Lets kick things off for you with chinas socalled two sessions today with the annual meeting. The spokesperson for the npc saying the government will make new laws to deepen economic re reform while focusing on technology advances. Saying there are no tech hurdles that cant be tackled. Sam baddas filed this report. Reporter chinas biggest session has gotten under way with the cppcc today. This is a largely ceremonial on body which advises the government on social issues. It is not typical
Protect the u. S. Auto industry. It may have progress toward an all electric market. But, first to check on the markets in the av space. Neo shares are up on an upgrade from j. P. Morgan. This one is getting lots of attention lately. Not just rallying this week. Hitting a record high, interesting massive volume and interest. The meme stocks pulling back today. Deep into the red. The data change losses driven mostly on news. Issuing 23 million new shares. In the magnificent a 70 tf hitting is highly level since inception in april 23. Currently, up a little less than 1 . The dow is up nearly 300 points. It is in about 160. Of 40,000 for the first time. S p up 1 . Nasdaq nearly up to hundred points. We may have alltime record high closes today. Looks like it. Those moves are being fueled by the cooler than expected Inflation Report out this morning. Here to dive deeper is james number two. Chief Investment Officer with mainstreet research. And kathy Senior Vice President and chief economi
From the areas local news station. Youre watching the kron. 4 morning news at no. Morning and thanks for joining us tonight. Happy to join on a monday morning back vacation. Im darya and im james. Good to have you back. And back on the week, were looking at a really nice Weather Forecast on foreign to you know, there are gorgeous yeah, its been a fall of nice, cool feeling days and then. Sunny, warm days to weve had the variety and this week is bringing more of so today is going to be that more fall, feel with some light jacket weather this morning followed by some 70s later today and a few passing clouds looking at the golden gate bridge. You have the fog or are right there through the bridge itself. Visibility has improved. Youre driving right over that blanket that has pushed right into the bay. Look at all the shower activity, which is working its way into the state right now. Now you think about to be a rainy day, not so much because that rain is actually working its way just beyo
Waterfront parcel of land. Then uber and lyft are defendants in a trial that starts today. Who is the plaintiff taking the Rideshare Companies to court in a battle over driver wages and benefits . From ktvu. Fox two news this is mornings on two. Good morning and welcome back. Im Gasia Mikaelian and good morning im dave clark. Its monday, its may 13th, so gasia is here so we can just move ahead and talk about the weather. Right. If we can see through the fog. That is. So you had fog coming soon as i got into oakland. See what i mean . Roberta . But what i want to know is pam embraces the cooler weather, but gasia, i was thinking you. Not so much. Im a im a livermore girl, so i like it when its warmer. But well get there. Well get there. Gasia likes it hot, so yes, she does. And guess what . No more 90s here in the bay area. Pretty seasonal conditions. And yes, weve got that may gray. Its back in the forecast morning. Overcast skies turning partly sunny along the coast with just hints of