20,uant to clause 8 of rule the Unfinished Business is the vote on the motion of the california, ms. Lofgren, to suspend the rules resolution, the h. R. 756, as amended. On which the yeas and nays are ordered. The clerk will report the title. The clerk House Resolution 756, resolution implementing the the mendations adopted by select committee on the modernization of congress. The speaker pro tempore the uestion is will the house suspend the rules and agree to the resolution, as amended. Members will record their votes by electronic device. This is a 15minute vote. [captioning made possible by the national captioning institute, inc. , in cooperation with the United States house of representatives. Any use of the closedcaptioned coverage of the house proceedings for political or commercial purposes is expressly prohibited by the u. S. House of representatives. ] the speaker pro tempore on this vote, the yeas are 394, the nays are 13. 2 3 being in the affirmative, the rules are suspended
Steps in with unscheduled bond buying for a second time this week. Asian stocks and european futures selloff as hot u. S. Jobs data pressure on the fed inflation fight. The bank of england decides with at least another quarterpoint hike expected today. Speculation rose it could hint at a faster pace of bond sales. Earnings heat up with amazon and apple taking center stage. But first, socgen posts betterthanexpected secondquarter net income, with ing results hitting the tape now. Good morning, welcome to thursday. The misery continues in asia, after a miserable end to the session on wall street. The s p 500, it was its worst day since april. The nasdaq was down over 2 . August is typically the most volatile month. The fear gauge, the vix is at its highest since may. There are jitters about how much the bank of japan will let yields rise under its yield curve control regime. It has made its second intervention in a week. Not to mention tepid earnings from qualcomm. The 10year yield rose
Mcconnell was escorted after away from the podium after pausing midsentence. He resumed the conference later. Heres a look. But, good afternoon everyone. We are on a path to finishing the nda this week, there has been good bipartisan cooperation, and a string of [indiscernible] hey, mitch . Is there anything else you want to say, or should we go back to . Do you want to say anything else . With go back. Lets go back. Go ahead john. This is, we are coming up on the one Year Anniversary of the ira, and, of course, if you look at the ultimate impact of the ira and what is happening with the economy in the country today, prices continue to rise above the feds 2 inflation rate and above the historical average. American people continue to deal with the impacts of inflation generated by the inflation protection act. We also have two committees both coming out with studies that suggest that the provisions within the ira, the Green New Deal, are going to need hundreds of billions of dollars mor
Mcconnell was escorted after away from the podium after pausing midsentence. He resumed the conference later. Heres a look. But, good afternoon everyone. We are on a path to finishing the nda this week, there has been good bipartisan cooperation, and a string of [indiscernible] hey, mitch . Is there anything else you want to say, or should we go back to . Do you want to say anything else . With go back. Lets go back. Go ahead john. This is, we are coming up on the one Year Anniversary of the ira, and, of course, if you look at the ultimate impact of the ira and what is happening with the economy in the country today, prices continue to rise above the feds 2 inflation rate and above the historical average. American people continue to deal with the impacts of inflation generated by the inflation protection act. We also have two committees both coming out with studies that suggest that the provisions within the ira, the Green New Deal, are going to need hundreds of billions of dollars mor
I am Katie Greifeld in new york. Welcome to bloomberg markets. When it comes to the s p 500, building slightly on yesterdays losses. S p 500 currently off about. 1 . You did have a selloff yesterday. Managed to open a little bit higher this morning. About 30 minutes in, those gains have dissipated. Big tech, nasdaq 100 trying to say in the green, currently up about. 1 , even though you have that selloff in the bond market continuing. The 10year treasury yield higher by another seven basis points, rapidly approaching 4. 70 on that benchmark 10year yield. We will see if we get there today. First, lets talk about the last of the Big Bank Earnings rolling out this morning. Bank of america and Morgan Stanley topping estimates, with bank of america with one of their best First Quarters on record. Lets get more details. Lets start with bank of america. What went right . Netnet income finally beating expectations. We did not see the same for some large bank spirits are to meet there is not onl