Points in terms of the peak to trough. Every day this month, we have een 00point swings in the Dow Jones Industrial average. Level. Closing lowest first year, lowest yield ever and the spread gets below since 2007. Numbers the dow, 30 1 . Lower than by at least the s p 500, taking a look at a chart that we have now, five sessions in a row. Going to keep the score. Set the stage. This is a 50day moving average in yellow. At the start of last year, once below that average, it couldnt get out of its own way. The buyers really did step up and had a nice rally and absolutely slicing below it. In may, we had a bout down below the 50day and sally, you are below that 50day moving average. It looks likely we will go down to the 200day average. If we go below the laszlo of 2822. So things could get bear tissue pretty quickly. It could get bearish and looking at one of the biggest stories. The inversion. Look at this chart and see Global Economic slowdown continues that inverted gap in rates for
Triple and sales soar 20 at amazon. But with regulators circling, ill look at why its getting tougher to be a tech giant. Another day, another batting collapse from england, as ireland move within sight of what would be an historic first test victory at lords. How science is helping gardeners find the best way to water a hanging basket. Its friday the 26th ofjuly. Our top story more disruption is expected on parts of the rail network today, after yesterdays high temperatures caused extensive damage. Repair work has been taking place through the night, but services will be significantly reduced between london and the east midlands. Leigh milner has the details. It was the second halted day on record, the highest temperature recorded in cambridge. You might have been faster travelling on one of these than the trains. Chaos on rail lines. Passengers are rescued from broken down trains as power ca bles fell from broken down trains as power cables fell and sparked line side fires. Disruptio
Panic at a food estival in california as a gunman opens fire, killing three, including a child. China condemns the Anti Government protest in hong kong as horrendous. And a lucky rescue for the man trapped in rocks on the norfolk coast. Hed saved his toddler from the incoming tide. And coming up on bbc news, egan bernal becomes the first colombian to win the tour de france, after safely riding into paris in the final stage. Last years champion, geraint thomas, was second. Good afternoon and welcome to the bbc news at one. Borisjohnson is starting his first full week as Prime Minister by ramping up preparations for a no deal brexit. A Cabinet Committee on no deal led by michael gove will meet for the first time this afternoon. Thereve been warnings today from Business Leaders at the cbi that neither the uk nor the eu are prepared for no deal, and its today published practical steps that firms can take. The uncertainty surrounding brexit prompted the french owner of vauxhall to say it co
Year can it keep rolling on mad moneys jim cramer is with us for the hour the Halftime Report starts right now. It is great to have you with us on this monday. Our Investment Committee today, joe terranova,ster know, and jon najarian and cnbcs jim cramer, host of mad money. Always great to have jim on the desk earnings economy and Rate Decision front and center and President Trump firing off on the fed once again tweeting that the fed raised rates too early and too often and said a small cut isnt enough meanwhile janet yellen giving her thumbs up for a cut. Although the u. S. Is doing well, i would be focused on wanting to keep it doing well, to keep the expansion on track, and i think in light of the risks, i would be inclined to cut a bit. I wouldnt see this as the beginning unless things change, of a major easing cycle. Cnbcs senior economics reporter Steve Liesman is here as well to give us his two cents and much more, i hope. Its a foregone conclusion in terms of what the fed will
Urged the European Union to rethink its refusal to renegotiate a brexit deal, and once again stated his commitment to leaving the eu on october 31. The eu rejected the demand that the irish border backstop should be scrapped. Europe is sweltering through record high temperatures today. Paris has beaten its alltime mark, 105 degrees. It was 98 degrees at Londons Heathrow airport, a record for july. Across the continent, day centers were opened for the homeless to get out of the sun. Areers in much of europe usually mild and few homes have air conditioning. Global news, 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton, this is bloomberg. Shey live from bloomberg World Headquarters in new york, im shery ahn. And im in for amanda lang. We are joined now by our bloomberg audiences. Your other the top stories we are following from around the world. Sherry mario draghi has set around of monetary stimulu