A laggard in this entire rate cycle their funding stresses in the repo market that are not going away and now we have just witnessed vision literally detonating overnight destroying confidence in all similar v. C. Ventures and capital and liquidity are now scarce and getting scarcer we are now in the quad Witching Hour with the nasdaq below the 100 Day Moving Average the dow below the 100 day the s. And p. Blue below the 100 day and finally the russell 2000 below the 200. There is news on a relatively neglected front of the troubled ministrations global trade conflict with both allies and declared adversaries today the u. S. Has won a round in the World Trade Organizations arbitration system in the latest up or so to the long running case over european subsidies and analogous u. S. Support for the boeing company in their latest ruling on the 15 year old case the panel of 3 corporate lawyers deciding the case found that a. Subsidized loans for airbus caused harm to us competitors valued
Welcome stocks are surging dow is up nearly 500 points. S p 500 climbing back towards record territory were just about 3 below record highs and the nasdaq jumping almost 2 of the session check out the retail rally Department Stores like macys nordstroming and lulu lem hn that stock is higher well have more on those moves later on weve got the angles of the big rally covered. Seema at the new york stock exchange, eamon javers at the white house where optimism spurred this rally and Steve Liesman on the year of the right cut. We start with seema. A triple digit rally for the dow as u. S. And china trade officials confirm a meeting frg october. The s p 500 is back above with a 1 gain. For the week, the dow is up about 1. 4 being led by banks and industrials. And if we dig into the financials, youll see the big banks like citi and goldman are up about 1 to 2 2. 6 for goldman industrials that initially sold off this week on fears that a meeting would not take place between the u. S. And tra
Ms. Roybalallard thank you for your patience and willingness to stay until 4 00 given the votes we had. We appreciate it. Today we welcome matthew albens, acting direct tore of i. C. E. As we continue to monitor the challenging situation on the southern border, we look forward. O hearing your perspective these laws need to be naggetted to increase security. Our own constitution, federal law and several International Agreements serve as the foundation for the rise in protections that need to be embodied in our efforts to address the humanitarian crisis we are currently experiencing. Unform, the rhetoric and the policies of this administration have made achieving that balance more difficult and by all indications has exacerbated our challenges at the border. We must be mindful of the limitations we face. We have barely cracked the surface of what the coast guard needs and to protect our interests in the arctic. It is an expensive option reserved for Public Safety and flight risk is a val
Thank you for being here this afternoon. As we continue to monitor the challenging situation on the southern border we look forward to hearing your perspective on i. C. E. s operational and Funding Priorities and requirements. As chair of this subcommittee i am committed to ensuring the integrity of our borders and strengthening our immigration system. But i am equally committed to making sure we do so according to all of our laws and in a way that exemplifies our american values. In particular we must assure that in accordance with our laws and values those fleeing must have equal opportunities to seek asylum. We must get this balance right and i believe we can if we work together. It is a false choice to believe more migrants need to be unnecessarily detained and that cruel and exclusionary immigration laws need to be enacted in order to increase security in our country. Our own constitution, federal law and several International Agreements serve as the foundation for the right and p
Ms. Roybalallard thank you for your patience and willingness to stay until 4 00 given the votes we had. We appreciate it. Today we welcome matthew albens, acting direct tore of i. C. E. As we continue to monitor the challenging situation on the southern border, we look forward. O hearing your perspective our own constitution, federal law and several National Agreements serve as a foundation for the rights and protections, i believe, need to be embodied in our efforts to address the humanitarian crises we are currently experiencing. The rhetoric and policies of this administration have made achieving that balance more difficult. By all indications, have exacerbated our challenges at the border. We must also be mindful of the resource limitations that we face. There is likely no area of our bill where we have sufficient resources to fully address requirements. We are barely cracking the surface of what the coast guard truly needs to address the flow of Illegal Drugs or to protect our sov