Moving averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the china u. S. Trade war has now spread historically equity returns are the worst when the eye is on manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or had to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Quarterly Earnings in 3 years the latest data lifted the feds bond rates futures sharply with the november contract now pricing in an 80 percent chance that the fed will cut interest on a 30th in monetary terms it looks like we are at a race to the bottom of the e. C. B. How reintroduce. Q. E. At 20000000000. 00
Dow plunged more than 500. 00 points to break both the 50 day and the 100. 00 Day Moving Averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the trying to us trade war has now spread historically equity returns are the worst when the i as a manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or how to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Quarterly Earnings in 3 years the latest data lifted the feds bond rates futures sharply with the november contract now pricing in an 80 percent chance that the fed will cut interest on 30th in mana. Terry turns and looks like were at
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
Confirmation vote of joan larson to the 6th Circuit Court and debate on a 10th court nomination. Live coverage here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Eternal and ever blessed god, thank you for waking us to see the light of this new day. Lord, on this all saints day, we remember the unseen cloud of witnesses that surround us. We are grateful for all the saints who from their labors rest, but whose works follow. Them. We thank you for the many lawmakers in our history whose integrity, creativity, and diligence have helped to keep us free. Lord, we praise you for all of your gifts, the glimpses of beauty, the echoes of truth, and the kindness of friends. Thank you for all those who lived and died for freedom. Grant us in our day and generation to live to honor our noble heritage. And lord, please remember the those affected by the violence in new york. Bring a speedy
Than usual. Normally at this time at this day, 20 minutes is the usual amount of time. Right now, we got a couple of reports of fender benders and maybe they are on way to San Francisco. C. H. P. Has not updated us. The drive along i80 is slow coming through hercules. There is an accident blocking the lynn at pinole valley road. In san leandro, a frightening crash right into a house sent two people to the hospital. Amy hollyfield has more. Amy . Yes, look behind me at the tarp, that gives you an idea of the huge hole that the car left behind. That is where it crashed into the garage which was convert the into a bedroom and a woman was sleeping in the room where the car landed. Here is what it looks like last night, the car planned in the garage of the it was her bed program. The 25yearold woman was trapped under the car. This happened at 10 30 if san leandro here is what police know. The witnesses stay the vehicle was traveling at a high rate and collided with another vehicle and conti