August meltdown, ending the session down 2 . This comes after a rally that put the benchmark within a striking distance of its all time highs. Technology stocks, the gauges most influential group, took the brunt of the decline. The Nasdaq Index closed down by 3 , while the Dowjones Index slipped by 1. 5 . One of the biggest losers on the day was nvidia, The High Flying Artificial Intelligence darling, which raised more than 240 Billion in market value. The Chip Maker shares closed down over 9 . 0ther Semiconductor stocks, including micron, intel and advanced micro devices, fell in sympathy. The market also took a leg lower after manufacturing Production Data shrank for a fifth month in august. The institute for Supply Management Manufacturing gauge edged up to 47. 2. A reading below 50 indicates contraction. The data reignited concerns around slowing growth within the us economy, which helped drive a Sell Off early last month. The action comes ahead of us governments augustjobs report,
Hello. Welcome to todays verified live. President biden has said that a final deal for a ceasefire and the release of hostages held in gaza is very close to being presented to israel and hamas by mediators. But he told reporters he did not think that the israeli Prime Minister, Benjamin Netanyahu, was doing enough to secure an agreement. In israel itself, theres been a general strike to demand the government do more to free the hostages. Protesters say Mr Neta Nyahu must take responsibility for the deaths of six hostages whose bodies were recovered in gaza on saturday, israel says they were murdered by their captors and Mr Netanyahu said this showed hamas did not want a deal. Mr biden spoke to reporters as he arrived at the White House to meet us negotiators. Lets have a listen. I was following up on whats happening in israel, and then ill be off to pittsburgh. Are you planning to present a final Hostage Deal to both sides this week . Were very close to that. What makes you think that
79 at cardia cardia. Com or amazon im Arlette Saenz in rehoboth beach, delaware and this is cnn good morning. You are live in the cnn newsroom. Im Jim Acosta in washington again, this morning with special Counsel Jack Smith not backing down and bringing a retooled January 6 case against former President Donald Trump in a new indictment, federal prosecutor theres made some tweaks after the Supreme Courts controversial ruling giving for president s Donald Trump immunity from prosecution for official actions he took while in office. But all four of the Felony Charges remain accusing trump of attempting to defraud the government by obstructing the certification of the 20 in 20 election and trying to strip voters of their rights. Trump calling smiths action quote, An Act Of Desperation and ridiculous. And hes demanding that the case be immediately dismissed. The new indictment underscores the immense personal significance of a Trump Victory come this november, if he returns to the white hou
Is also poised to go on trial. Many advisers to President Biden say what were seeing tonight in these duelling stories is verification, a validation of his view that the government and the congress can do more than one thing. Now President Biden is talking up this new relief plan. It passed this key vote in the senate. It passed in the house. It is on its way. Take a look. If i have to choose between getting help right now to americans who are hurting so badly and getting bogged down in a lengthy negotiation or compromising on a bill thats up to the crisis, thats an easy choice. Im going to act fast. Act fast. And the major breakthrough here came with an assist from the person you see right there, an allnight Senate Debate followed by Vice President Harris Casting her first ever tiebreaking vote. This occurred after 5 30 a. M. This morning. The Vice President votes in the affirmative and the concurrent resolution as amended is adopted. Heres what you need to know. This is the blueprint
Now on bbc news Tuesday In Parliament. Hello again and welcome to Tuesday In Parliament. As the Health Secretary promises to come down hard on a new coronavirus strain. Our mission must be to stop its spread altogether and break those chains of transmission. But is there light at the end of the tunnel in scotland . We may be able to begin looking towards a careful and gradual easing around the start of march. And the death of a hero, tributes to captain sir tom moore. He brought joy to the nation. He was an inspiration to everybody in this country. But first, the Health Secretary has faced calls from mps for stronger Border Controls after the outbreak of the South African strain of coronavirus here in the uk. Amid concern that the new variant is spreading in the community, matt hancock said it was critical that people in areas singled out for enhanced testing stay at home. The Health Secretary did have some good news, more than 10 million doses of vaccines have been given in the uk, bu