Upper 50s this morning reaching into the upper 60s by early in overnight. The Fire Department tells us they actually had to respond to the afternoon. Eventually well make it into the 70s there but some of our that walmart twice because of inland valleys will reach as the different fires, so what people were doing, they were high as 84 degrees. Going inside, stealing, looting, not bad because we do have some and then they set a couple small mid90s in the forecast. Fires. Ill have more on that coming up at one point one of the fires in a few minutes. Mike, youre tracking the did go through the roof. The Fire Department was able to morning commute. How is it looking . Save the building. Its looking like we expect, the fire sprinklers are still on pattern. On. Theyre doing that to keep the there is some slowing out there. Well show you on the maps its water running to put out any hot all the way over on the right side coming out of the altamont spots. The Fire Department believes pass, but
Indonesia. They are expected to keep the key policy rate at 5 . Rishaad we got the nifty futures in india with about 43 minutes before the start of the session, off a little bit. Will we get another record high . We found ourselves in this position yesterday. The market up 1. 1 . Currently wise, flat below the 71 rupee level. Tenure yields under some pressure. We have this story from the bank of india suggesting they are comfortable with a bigger budget gap, which would mean there would be less bond issuance. 6. 71 . 10 year, we go to new york and su keenan. The house of representatives have impeached President Trump for abuse of power and obstruction of congress. He pressure ukraine to political rival, joe biden. It is only the third time in u. S. History lawmakers have invoked this constitutional sanction of the president. The impeachment will pass to the senate for a trial. A rate cut in australia are in doubt after a strong jobs report for november. The bond yield gained as inloyer
Little love for libra. And how amazon plans to take on its new highend echo speaker. We begin with that fresh facebook news. The ftc has approved a privacy settlement with the social media giant, fining facebook about 5 billion. This marks the most significant axiom yet against facebook over a series and send the company reeling from one crisis to another. I want to bring in kurt waggoner, who covers facebook for us. He joins us on the phone. In washington we have naomi, who covers corporate influence. We know about the amount of the fine, tell us more about any other Additional Details that will be coming along in the settlement . That is the key. Facebook had said i believed it was in april they set aside 3 billion for this very purpose and the fine could be up to 5 billion. This was something the company was prepared to handle. They also made 56 billion in revenue. The additional will be the details on whether or not any agreement includes something that could limit the Data Collect
Earnings report. Were digging into the numbers on that and much more. Its primetime for lady gaga the pop superstar teaming up with the Worlds Largest online retailer its wednesday, july 10th. Worldwide exchange begins right now. Good morning and welcome to worWorldwide Exchange. Im Courtney Ragan in for Brian Sullivan stock points to another loss for the dow. This would be four straight losses if we tack on to this session. The dow more than half a percent off of its record high the s p 500 and the nasdaq also indicating a lower open. We know we have a number of hours still to go. Lets get a check on whats going on in the bond market. You can see the yield on the ten year, 2. 108. Its actually quite a move from what we saw on july 3rd when we were at 2 1 2 year lows there at 1. 9 and change that jobs report really changed a lot. Lets go worldwide and check and see what happened around the world while perhapsyou were sleeping overnight in asia you can see we had a mixed picture. The ja
Valuation of 60 billion. And caught on camera the u. S. Has just five weeks to rip out banneity equipment d security equipment. Launching an investigation into frances tax plan potentially leading to more tariffs, but first, lets get to our markets close. U. S. Equity markets really lifted throughout the session. At one point, the s p 500 topped 3004 the first time ever, although we did get a pullback from those Early Morning gains with financials and also industrials weighing on the index, but of course, and narrative today was all about testifying with the House Financial Services committee. Investors pretty much focused there, but we are not done just yet. Chairman tomorrow, powell testifying in the senate. Not to mention that we get ecb minutes and u. S. Inflation numbers. We are seeing u. S. Futures unchanged. Lets see how we are setting up for the markets in asia. Sophie asian stocks are set to broadly track wall street gains, they areigher even as one of her broad trade battle w