Outperforming. The Philadelphia Semiconductors index outperforming. This rally on trade optimism set to resume u. S. And china set to resume talks in october and strong Economic Data with jobs and services. We are seeing a rush out of safe haven assets. 2. 2 . Utures are down you can see the big like lower came one week after the Services Data around 10 00 this morning. Gold is trading around its lowest in two weeks and it is on pace for its worst day since june of 2018. Also selling off is another safety asset. U. S. Treasuries. You have the u. S. 10 year bond yields searching 11 basis points. A lot of selling and bonds. This is the biggest move upward in yields we have seen since january. Investors are selling bonds. That is helping financial stocks. Banks getting a boost from the higher yields. Also getting a booster the tech stocks, particularly the semiconductors. That on pace for the best day and a number of months. Individual stocks moving higher. Nvidia up 5. 5 , macron up 4. 5
Remain open to any exchanges with all involved if parties, but at the same time, assisting on the necessary independence of our country. Ukraine size a container ship is set off from its black sea fault of a desa. The Hong Kong Flagged vessel has been traps in the pool since russia alone sits invasion last year. It was the 1st commercial ship to leave the pool since a deal with russia collapse last month. This comes out as off the russian drugs targeted grain, silos and warehouses and bought of its pooled, some of the danube river. The governor of the a decimal region says the area was hit twice in of an ice tax. The river puts the main export route for ukrainian grain to roches Defense Ministry says its full size of shot down ukrainian drones and its color region. Local Officials Say there were no damage or casualties. Russia says this is the 5th error, tacket prevented this month. Prosecute has in georgia, proposed march 2024 is the trial dates in the election interference case again
Earlier down about 0. 1 . Not so long ago down 0. 4 percent and perhaps of the continuation of yesterday selloff and loss of uncertainty to deal with and the headline that vicechairman of the Federal Reserve resigning and looking at that on the market in a moment. In terms of the underperforming relative to the nasdaq and it has the higher momentum stop that react more so on a risk offer and today is not really risk off but you would think so. Look at apple down after yesterdays 1 decline. Investors taking profits on one of this years top stocks and expedia is lower by 3 after , loadedvo trivago their full year profit. Nonetheless, one of the big drags and tesla is down more than 1 after nissan has released its first refurbished electric vehicle and seven years saying they will double cells and giving tesla a bit of a decline. An intraday chart and we are going to see the trend is down. This is about a 7 range and not too big. When the announcement came that Stanley Fischer is resignin
The breaking news is ice is doing that already. Up today, the matter of bonds, billions in bonds. A 4 billiondollar bond for Affordable Housing. Both will have to be voted in but he is skeptical. We had a hard enough time getting the water bond passed and we still havent built any dams. Now, anything that passes today still has to be signed by the governor. So heres an update on some of the billings we just talked about. The sanctuary bill has passed in the assembly. Though it has not come up in the senate. And the Affordable Housing bill has passed both houses and the governor is supposed to sign that. And finally the 4 billion dollar parks bill having some trouble. The last we heard there are not sufficient votes to pass that on to the governor. So a lot can happen between now and midnight when im sure this legislative session will still be going. New at 6 00 we have learned an immigrant charged in the shooting death of a details from our newsroom. Liz, u. S. Immigrations and Customs
For those kids. Reporter one neighbor says another neighbor took the children into a home before police arrived. She was very sad. Reporter another neighbor shared this cell phone video of mcbride driving away. Police say in a 2007 silver fourdoor mercedesbenz s 550. We have had quite a few witnesses that have been brought to the station and they have been doing a fantastic job for us. Reporter Richmond Police say they received a call for a domestic dispute minutes before the shooting at 29th and ream. They say the shooting was definitely targeted. Also that police had been called for past Domestic Violence situations involving the couple. Its unfortunate but im going to pray for the family because its tragic. Reporter investigators say mcbride is not the father of the children who were in the car and witnessed the shooting. In richmond, mel any woodrow, abc 7 news. A woman charged with a high profile murder case is expected to make bail this week. Testify any lees bail is among the hi