Fed kicking off its meeting today. For more on what investors are watching, sarah hunt is here from alpine woods capital. What could the fed due tomorrow that would most upset the markets . Give i think they did not a lot of detail about how they were going to make sure when it was time for them to change their inflation standpoint, when was too much over. If they narrow the window and say we are looking for a tiny bit of on the inflation side. I think they are expecting inflation to run hotter if they get there for a longer time. And if they do something to narrow that window, that would make people more nervous. Newsbut in terms of the flow, have we already had it . Central banks have been dominant this year. It seems to me as if politics is beginning to take over as the key narrative, in london with brexit, and weve got all kinds of trouble in the mediterranean, we have got tension with china, and of course we have the u. S. Election coming up. So does this narrative now takeover fr
It represents commerce, navigation, all of the things that San Francisco is famous for. The wood you see in the board of supervisors chambers is oak and all hand carved on site. Interesting thing about the oak is there isnt anymore in the entire world. The floors in china was cleard and never replanted. If you look up at the seceiling you would believe thats hand kof carved out of wood and it is a cast plaster sealing and the only spanish design in an arts building. There are no records about how many people worked on this building. The workman who worked on this building did not all speak the same language. And what happened was the person working next to the other person respected a skill a skill that was so wonderful that we have this masterpiece to show the world today. [roll call] item number two, pledge of allegiance. Item number three, approval of minutes for the june 9, 2020 Port Commission meeting. So moved. Second. All in favor. Aye. Sorry, roll call vote. [roll call] thank y
Package may not be needed. Dow industrials down 76, s p down 4 points and nasdaq lower by 2 and a half this after roller coaster week on wall street where we saw dow industrials go back to bull market territory posting largest weekly gain since 1938. Dow, nasdaq, s p 500 up better than 9 on the week. We are now off of the lows at 20. 54 a barrel, down 97 cents, 4 lower. Cases of coronavirus are rising across the country, death toll topping 1,000 in new york. Mayor de blasio says people who do not practice social distancing in the city can face fines up to 500dollars. A Million Dollars raised fox last night including fox business. More Companies Help to go fight the war on coronavirus. Manufacturing, medical supplies to free flight to healthcare workers. Mornings with maria is live right now. Maria lets check Global Markets this morning as u. S. Searches for direction. We have weakness across europe, cac quarant down 41 and dax index in germany lower by 32 points. European leaders conti
These are the biggest and the fourth Largest Companies including topix waiting. Definitely going to tell us how much companies are benefiting as well from those twin narratives of the weak yean and airelated booms. You have the nikkei coming online, 1 to the upside so far. Japanese yen of course, we have been tracking that trading. It has been fluctuating, but trading a little bit to the weaker side this morning and moving back up to that 154 mark. We did hear from finance officials in japan early this morning. The vice finance minister saying they are prepared to take appropriate action if fx moves are too rapid. But we have been speaking with different traders saying 165 could be possible by the end of the year. That is the state of play. Lets switch and take a look at korea so far on the session, because you are seeing more moves here to the upside. The kospi up 1. 6 , a little bit of strength coming into the korean won this morning. Reflecting the moves we have had in wall street o
A and what writes do accused squatters have . Well, it depends on where they are squatting. Well bring you that. Bret good evening. Im bret baier. Tens of millions of americans look to the skies today to catch hopefully a protected glimpse of a rare total eclipse of the sun. Weather cooperated along much of the path of totality. The Lighting People who had ventured from around the world to what we are supposed to be prime viewing locations. Many others witnessed varying degrees of a partial eclipse. Chief correspondent Jonathan Hunt has a complete wrap up tonight from one of those prime spots, indianapolis. Good evening, jonathan. Good evening, bret. It has been an incredible day for so many americans. Awe inspiring, bret taking in its beauty. A cosmic coincidence that we wont see in the u. S. Again for 20 years. W. Telescopes and eyes pointed to the sky, tens of millions of eclipse watchers from mexico maine took in a rare and extraordinary total eclipse of the sun. Definitely worthy.