You were texting with her when all of this was happening and she was locked in her safe room. Thank you, mary, for your service. Were praying for israel. Thank you so much. Ainsley youre welcome. Second hour of fox friends starts right now. Brian we start at the white house, President Biden expected to formally take questions today. In a News Conference for the First Time Since hamas News Conference. Lawrence comes as Secretary Of State confirms confirms 33americans were killee Terrorist Group and more still missing. Ainsley Family Members of israelis held captive in gaza are meeting on capitol hill today. Steve im in washington as The Sun Comes Up and big news is mike johnson and the new front runner in the race and house speaker. We could see a vote starting at noon today in that building behind us. Trey yingst on the ground in southern israel with the very latest, trey. Reporter good morning, israelis continue their strike against the gaza strip and last night we were along the bord
Up, ted cruz is On Fox Defending Trump by saying the opposite. Theres no person on planet earth that believes donald trump has been sell celebate all of his life. Thats not news. We have a lot on Donald Trumps criminal Hush Money Trial. What a week it has been. Stormy daniels wrapping up testimony with a contentious and bizarre crossexamination from trumps legal term. Well get expert legal analysis on that and what we can expect in court today because its not over yet. Plus, we have reaction from capitol hill to President Bidens threat to withhold some Weapons Shipments to israel over its possible invasion of rafah. More republicans are krilt criticizing the president and hes facing backlash from democrats. And Kevin Mccarthy is having a hard time coping with the fact that mike johnson did something he could not. Well show you mccarthys dig at his successor. It seems, i dont know, not okay, will legal, good morning, and welcome to morning joe. Its friday, may 10th. With us we have the
Stress. Now, a month full of betterthanexpected Economic Data including u. S. Retail sales. The 10year, 4. 95 on the twoyear. 10year, 4. 6488. On the month so far, up by more than 30 basis points on the twoyear, 40 basis points on the 10year. Morgan stanley, for equities. Socgen, expensive valuation sitting comfortably with higher bonds yield. Lisa part is the right reason, part is the wrong reason. Retail sales came in betterthanexpected causing the increase of gdp positive for equities. The other side, it is stemming from increasing Inflation Expectations grading issues of how high the rates have to stay for how long. Jonathan we have heard the same thing from fed official after fed official. Patience and no urgency. Monetary policy is in a good place. Monetary policy is tight. Immediately after, hotter than expected retail sales. Lisa can they get ahead of this . Will he have the freedom to cut rates. It seems the market has moved on from fed speak. It seems the market is looking at
chancellor merkel she will not n audiences. here are the top stories we are following. they too for powell. he continues his testimony on capitol hill, striking a dovish tone. another day, another record. u.s. stocks are in the green with the dow jones industrial climbing to all-time highs. treasury yields have advanced in lockstep. crude climbs oil into $51 a barrel even as opec slashes its forecast for global demand. let s get you started with a check of the markets. we are seeing risk on sentiment with u.s. stocks has a record had a record high. we are seeing the s&p 500 being .ed higher and energy stocks oriole is still above $51 a barrel despite the fact that opec slashed its forecast for global demand this year. we are seeing the dow getting 7/10 of 1%. we are seeing more optimism given that we are seeing the spread of the coronavirus slowing down. two came to who wave hubei province, we saw the lowest number of new cases this month. still worth mentioning that ther