Traders were also encouraged by new Inflation Data forjanuary that showed the smallest increase in goods and Services Prices for three years. That has added to bets that the Federal Reserve is on track to start cutting Interest Rates injune. Our north America Business correspondent Erin Delmore Reports from new york. All three of the major us Stock Indexes closed out february with a bang. The Tech Heavy Nasdaq Hit an all time high and it is the first time we have been able to say that since november 2021. Another new high for the s p 500. Both indexers enjoyed their best february high for the s p 500. Both indexers enjoyed their best february since 2015. The Dowjones Industrial Average for its part was up as well. That makes february the fourth straight month in the green for wall street and the Leap Day Boost was helped by some new Inflation Data. Well, the market today is reacting to a favourable continuation of inflation coming down in a trend towards the Federal Reserve s target.
Three times the average february rainfall. The general situation as we head into the start of march is it will stay unsettled, so wet and windy again at times but what you will notice is how much colder it will notice is how much colder it will feel for the rest of the week. Frosty nights and some of that rain will turn to snow, particularly above 200 metres and tomorrow that will include the Higher Ground of northern ireland, the mountains of wales, some of that could move to the Southern Uplands by the end of the Southern Uplands by the end of the day. Overnight tonight the rain clears away from east anglia, this deep area of low pressure will push northwards and eastwards, some of the rain likely to turn to snow over the rain likely to turn to snow over the hills and some heavy downpours of rain across wales and south west england. Blustery through the channel and its cold. Towards the east we see clear skies and a frost into tomorrow morning, may be some mist and fog too. The rain
turmoil. the 60s are over, dad. michael in the foul line, a shot, good. we intend to cover all the news come all the time. we won t be signing off until we are all dead. isn t that special? any tool for expression will ring outpost both the best and worst of us and television has been there. they don t pay me enough to deal with animals like this. people are no longer embarrassed. we have seen the news, and it is us. clark: slowly but surely, the 1970s are disappearing. the 1980s will be upon us. what a decade it is coming up. slowly but surely, the 1970s are disappearing. the 1980s will be upon us, and what a decade it is coming up. happy new year. as you begin the 80s, in the television world, the landscape on any given evening, nine out of 10 people were watching one of three networks. more than 30 million people are addicted to it. social critics are mystified by its success. what is it? television primetime prairie potboiler, dallas. a move like t
liv was created in 2021 and backed by the saudi sovereign wealth fund. since then the two parties were better rivals, each engaged in lawsuits against one another. the mega deal essentially created a whole new golf association led by the saudis. meanwhile, us judge has granted a request from prosecutors to try some of the charges against crypto currency exchange ftx s founder sam bachmann friedman in a second trial next year. the 31 year old will stand trial in october of the charges stemming from the collapse of the now bankrupt firm. mr bachmann fred had pleaded not guilty to the charges. china s economy stumbled last month after the latest data showed industrial output in real estate sales both missed forecasts. earlier this week china s central bank slashed the interest rates in a bid to boost the country s post pandemic recovery. earlier i spoke to the smp global market intelligence and she s explained to me what is happening to china s economic rebound. ~ . ., , ., reb
earleir i spoke to calvin wong of avanda and he gave me his take on how he thinks the federal will move this week. pretty much unchanged so this will be the first pause and its current interest rate outside look so pretty much unchanged at 5%-5.25% so pretty much unchanged at 5% 5.25% so the reason being over here is that i do not believe poor poor outwage. it will hike interest rate in line with us treasury which are in the process of issuing a massive amount of issuing a massive amount of t bills to fill up its cash cradits. china has a bunch of data coming out, what will you be focused on? this coming thursday we will look at a slew of chinese data industrial production, retail sales as well as housing, price index data. if you look at the last two weeks, and if this data is weaker than expected china policymakers may start to tilt toward inaudible do not forget this thursday we have the announcement about key interest ratre policies. it has been unchanged since august l