The rba signaled for their willingness to ease. And the other big story at this hour lawmakers in washington take aim at the power of big tech. An antitrust investigation says they are abusing their dominant status. Check lets get a quick of the markets. We are seeing u. S. Futures down at the open, extending gains after we saw the regular session seeing a bearish reversal at your after trumps of fire called off negotiations. Already, market have been trading mixed and about flat after the fed chairs cautious tone on the economy, warning that too much support was better than not enough. The s p 500 saw the largest drop in two weeks and fell to session lows after the president ended stimulus talks. The losses were led by discretionary talks. Airlines also tumbled and we saw the nasdaq losing 1. 6 . After the close, we saw that House Democrats released antitrust reforms to curb the power of u. S. Tech giants including amazon and alphabet. We will be watching that space very closely. Doin
730 7. 3 . Of i want to bring you this. What do we have at the start of the year . We are just 52 basis points now. That is probably factoring armageddon. What could possibly be going on in the eurozone to have yields that far out that flow . That is a thought. To new york and join su keenan. With germany,t this is a could muster 55 million in stimulus funding. The governmenth says it spent last time a crisis hit more than a decade ago. And it says it has the reserves to do the same again if necessary. The Prime Minister says action is not needed yet. The biggest problem is uncertainty costs in ongoing u. S. China trade wars. Senior white house advisers fanned out across the sunday talk show circuit to push back at fears of recession here in the u. S. They said the economy remains robust and consumers are still spending. Top economic aid larry kudlow and trade advisor Peter Navarro said there are no additional plans for not staying the course. I sure do not see a recession. We had some
Poconos were looking at single digit temperatures and feelslike conditions below zero. Not the case today. 33 for millville, 31 flick city. Wildwood boosting up there, 36 the current temperature outside. So still cold. You still need to layer up, but we will see better temperatures even in the afternoon. Current wind speeds are also pretty light. 10 miles per hour, Dover Air Force base and wilmington, theyll pick up later. We will see a breezy afternoon and a cloudy day as well. We see clouds build in from the west. Theyll shift in as we go through your morning. In the afternoon a mix of sun and clouds expected. Temperaturewise, we see a change from yesterday. Yesterday we only hit the mid 30s. Today the mid 40s. It will still feel a little cooler than it actually is. 30s, 40s, thats a thing of the past. Well talk temperatures in the 50s and 60s for some spots coming up in a bit. Now to that breaking news from overnight. A federal Appeals Court will hold a hearing tomorrow after denyin
Nation, and so taney gets to play again tomorrow. It is wednesday night and the big story on action news tonight is a night of disappointment for philadelphias taney dragons and at least on this night they seemed a little over matched by the west regional champions las vegas. But they will have a chance to redeem themselves and they wont wait very long to do it. As you mentioned jim this is doubly limb nation. Todays loss was their first, which means they will play again. Dragons will face team from illinois, the the winners will take on the team taney just lost to nevada saturday for u. S. Title. 35,000 fans will be on hand, and with that perspective, there were 25,000 at the phillies game today. At least announced 25,000. Mone davis from the Sports Illustrated cover to the mound. Austin with the highest batting average in the tournament. Thinks a triple. Drives in the run. One to nothing nevada. Second inning this one, hurts. And davis surrenders a two run home run to cave, he falls
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