Stocks surging yesterday trump saying the two will meet in china discord in the ranks as pricing pressures mount opec pushing off next weeks planned meeting in vienna. We will tell you when they will finally have a meeting and maybe have to confront iran. Its wednesday, june 19th. Worldwide exchange begins right now. All right. See what they did there. A lot of news out of asia, you got the band good morning, good afternoon, good evening wherever you are. Im Brian Sullivan we have a huge wednesday hour for you including our exclusive sit down with that man, the founder of huawei. Well get to thatin a moment first well start with the markets. The u. S. Major averages are points away from hitting fresh alltime highs following 1 gains or more across the board yesterday. All the major averages, the dow, the nasdaq, more than 20 up from their december lows right now futures are fairly muted. Well call them flat bonds have been a billion dollar story as well. Probably more of a trillion doll
And a rocket headed in the wrong direction. Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerfinerman nathan, and mike khouw. We start off with breaking news, the vote in d. C. To vote Kevin Mccarthy out of the speakership. Emily has the latest. Yes, Kevin Mccarthy was ousted as speaker of the house. The house current lip has no speaker. That chair is vacant. There is an acting speaker, but theyre not someone who can actually move legislation, continue the work of the house, and continue the progress that congress is trying to make on a number of different bills. Now, mind you, a lot of republicans still support mccarthy, one of the congressmen came out and thought that he thought, at least 19d 0 republicans still back mccarthy for speaker. But the fact of the matter is, republicans had such a small majority that only eight republicans voting to ougs mccarthy were able to do it. I just spoke with congressman matt gaetz, he just
Thank you for joining us. I am Maria Bartiromo tuesday september 26. Your top stories. 6 00 a. M. On the east coast. Today this printed fund government, lawmakers returning to resume work on for appropriation bills this week including Homeland Security and defense as they try to avert a Government Shutdown next weekend. The economy and focus as a shutdown could spark a booties downgrade of the u. S. Credit rating according to moodys. The inflation story will unfold the final read of secondquarter gdp out this week on thursday and the august pce and dex out on friday. We have all the numbers coming up, the expectation on screen. The stocks are lower, the u. S. Across the board, the european and the red. Take a look at the eurozone, s p 141 quarter, the dax index lower by 112. Take a beekeeper wall street where the dow is down 161. In asia overnight right across the board we have the worst performer overnight in asia the hang seng index on what and h how . President biden traveling to mi
Justification for mass surveillance. Its listed under sound bite that resonate and did not comment on the document. A ceasefire allowed syrians to be evacuated. The area had been under seen for almost a year. The assad, rebel groups and aid workers all agreed to the evacuations. Some critics say freeing the area of the area gives assad Tactical Advantage to clear rebels from damascus. Real money with ali velshi is next. Like this baby, facebook blows away sales and profit estimates. Ill tell you what the company is doing right and what risks it faces. What 80,000 items from bacon to flat screen t. V. s. All have in common. And does Jennifer Hudson have the medicine son that kathlee tn sebelius needs to revival obamacare . Im ali velshi. This is real money. Reporter this is real money. You are the most important part of the very. Join our live conversation for the next half hour on twitter at a. J. Real money. The Federal Reserve has just spent two days discussing what its going to do a
Baghdad. There is new fighting today. Shiite clerics telling their followers to take up arms against the approaching sunnis. This is what religious civil war looks like. Statement American Contractors stuck in iraq are scrambling to get out of the country as fast as they can. We will have their story straight ahead. A new report from the u. S. Government says 96 of the shale in one of the countrys Biggest Research areas is unusable. What will that mean for u. S. Energy policy. As that crisis in iraq grows, lets take a look at where oil is trading now. Brent crude is trading. Up about half a . Bob, youre going first today. How does it feel . Its pretty simple. Essentially down at the open, but we have drifted to the upside, president made some comments just before noon so the s p 500 is on the up side. The other key point is you see the nice move up is the transports. At this time so you see a nice recovery in all the transportation sectors. Another group that continue toss do with is b