Welcome to squawk box. Im becky quick along with joe kernen and Andrew Ross Sorkin. Futures are indicated higher this morning, triple digit gains for the dow up by about 167 points but yesterday was a big down day for the markets. Dow was down by over 400 points, 1. 4 the s p and nasdaq done evz nasy even more. This morning s p indicated up by about 25 and nasdaq looks like it would open up by over 100 points fairly significant obviously everybody watching what will be happening with the stimulus talks with the deadline that nancy pelosi has said for later today. Lets take a look at the treasury markets ahead of that, you will see that the ten year looks like it is yielding 0. 777 so a little stronger yields for the treasury markets right now but andrew, obviously washington is where people are watching and that is exactly where well go because House Speaker nancy pelosi and Steve Mnuchin are saying that they are making progress in their latest stimulus talks with time running short of
If they take a break between those and their legislative agenda, we will come back, but for now, live coverage of the house. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] the peaker pro tempore house will be in order. The chair lays before the house a communication from the speaker. Clerk the speakers room, 2020. Gton, d. C. , july 27, i hereby appoint the honorable Henry Cuellar to act as speaker day. Tempore on this speaker ofcy pelosi, the house of representatives. The speaker pro tempore to the order of the house of january 7, 2020, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. The chair will alternate recognition between the parties. With time equally allocated between parties and each member other than the majority and minority leaders and minority whip limited to five minutes. But in no event shall debate continue b
On Interest Rates. That was the take away from the central olbanks twodayy meeting where Interest Rates re left unchanged. Todays decision or perhaps better said nondecision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. Steve liesman reports from the Federal Reserve in washington. The Federal Reserve ended a momentous year forli monetary by launching what it one where the policy rate is likely on hold for what could be many months. The move to neutral folws three successive rate cuts in hike rates in 2019. Of plans to the fed called the current stance of policy quote appropriate. The feds overnight lending rate stands at a range of 1. 5 to 1. 75 . The fed chairman suggested that could be the case for a while to come. We believe the current stance of Monetary Policy supports sustained owth, a strong labor market and inflation near t symmetric 2 objective. As long as incoming information about economy remains broadly consistent wit
Textile museum here at the campus of George Washington university in the heart of washington, d. C. Norman rockwell freedom exhibition is a major traveling International Show celebrating the 50th anniversary of the Norman Rockwell museum, the 75th anniversary of dday, and putting on the road great images that Norman Rockwell painted that really created the concepts of the four freedoms that made real the statements that president roosevelt expressed in the state of the Union Address in 1941. This is freedom of speech and expression. Everywhere in the world. The second is freedom of every person who worships god in his own way everywhere in the world. The third is freedom from want, which translated in the world forum means economic understandings which will secure to every nation a healthy peacetime life everywhere in the world. The fourth is freedom of fear. Which translated in the world terms means a worldwide reduction of armaments to such a point and in such a thorough fashion that
Tension is the ever pass without stay state funeral of president space you can eat a sexy announces stop elections for september. Welcome back to the front twenty four newsroom im judy a kim. On any health a Million People at whats placed in northwestern syria in the past three m months prompting the u. N. Human rights chief to condemn Accords International in difference. Since april damasascus and russa have stepped up as strikes killing at least seven hundred and forty civilians according to the syrian observatory for human rights t the trigger has the details. Right vehicle some forty street across the ground the aftermath of yet another deadly s. Strike on the market and sarah cad. Northwhwest in syria the move te silo the strtrike targeted the popular i ill how markets thihs the second strike in the city in three days by the same will planes. On a september accord had been meant to prevent bloodshed across the province. I whether the extremists which largely control the area faile