Outbreak, and information about an north american w american who carried out a Suicide Attack in syria, and he returned to the United States before the Suicide Attack much. Brabing news from the breaking news from the middle east secretary of state john kerry and ban kimoon, secretarygeneral, say both sides have agreed to a 72 hour humanitarian trurks beginning 1 truce, beginning 1am tomorrow. Lets go to Nick Schifrin in gaza. What more do we know about the truce . This was announced in the last 2030 minutes. According to secretarygenera ban kimoon and secretary of state john kerry, the ceasefire will start tomorrow. Both parties said theyll leave their forces in place. The israeli troops remain on the border, and drones remaining above and the threat of actions staying high. That means that they are not supposed to fire any rockets, but they can use the opportunity or the time. Israeli officials fear to gather troops and restock their supplies. Their whole point is the human tare an p
Right now. Take a look at what happened in asia overnight, as well. A lot of these headlines hitting as japans market was opening there. That was the first sign that argentina was not going to be able to make its payments. As you can see right now, the nikkei closed down by about 25 points. The shanghai, though, was up by close to 1 . Among todays tests for the u. S. Markets, we have economic numbers, more earnings that will be hitting. At 8 30 eastern time, we will be getting the weekly jobless claims numbers. Polled economists were filed last week, up 21,000 from the week before. When it comes to earnings, Oil Giant Exxon mobil, Conco Philips are both reporting. Mastercard and kelloggs, those are among other names that well be expecting today. Right now, lets get over to michelle with a roundup of some of todays other stocks to watch. A number of companies posting results last night, becky. Revenues came in just shy of expectations and the company is cutting its full year forecast fo
Raising 75 basis points as expected, the Fourth Meeting in a row theyre doing that it is interesting though the statement added this line, saying that the fed anticipates ongoing rate increasing will be appropriate to get inflation back to the 2 foal. Then the statement says this, in determining the pace of future increases in the target range the committee will take into account cumulative tightening Monetary Policy, the lags which Monetary Policy affects the Economic Activity and inflation in economic and financial developments. The Federal Reserve statement says they will see modest growth. They have seen that spending, production, job gains, has been robust. Inflation is elevated saying it is elevated because of supply and demand imbalances mainly due to the pandemic with higher food and energy prices. The statement says the war in ukraine is putting that upward pressure on inflation and the fed indicates that they want to continue the rate of Balance Sheet runoff on the predetermi
Tightening of Monetary Policy and also the lags and their impact on inflation and Overall Economic activity. Acknowledging there is a lag between the actions its taken to date and the impact theyve had on the economy so far, raisirais new questions about when the fed could evaluate those actions and at what point theyll be fully baked in thanks very much. Appreciate that. Lets bring in our panel as we see stock averages pare the losses s p is up 15 points. Dow just jumped 270 points nasdaq and nasdaq 100 have turned positive. Were seeing yields come off tenyear is hanging on to 4 just barely. Lets bring in our panel back in. Lets also add steve liesman, bob pisani and Rick Santelli steve, lets start with you and the change in language that kayla laid out she highlighted the most important part and it looks like theres two pieces to it the first one here in determining the pace of future increases in the target range, the committee will take into account the cumulative tightening of Mon
Mornings with maria begins right now. Goods friday, friday, october 28 top stories 8 00 a. M. On the button on the east coast, big tech tumbles joe biden denies obvious 11 days away from memories elections president is claiming americans are better off today despite 40year high inflation president takes a victory lap on gasoline claiming price of gas was 5 dollars a gallon when he took office it was 2. 39, today much higher than that at close to 4 dollars a gallon signs of Financial Stress continue the morning from big tech, amazon sinking this morning on weak Fourth Quarter guidance worries of important holiday season, meta plunged to lowest level since february 16 last night amazon shares down 12 meta bouncing 1 1 4 after yesterdays selloff new inflation data out in about 30 minutes time we will get the september pce andpersonal income spending reports out 8 30 a. M. Eastern those numbers to you as soon as they cross check the markets impact, futures right now mixed, mostly lower off