Im maria bartiromo. It is monday, october 16. We have breaking news right now. Today, tensions are growing across the world as iran is threatening israel and it prepares to strike gaza by air, land and he sea in a massive coordinated operation. This as the taliban aligns with china, planning to join its belt and road forum. President biden says the threat of terrorism within the United States is now on the rise as it is revealed his administration was giving covid funds to a group accused of harboring hamas terrorists. Everything you need to know all morning long this morning. Markets this morning flat going into a major week of Third Quarter earnings, take a look where we stand. Futures with a gain at the start of trading ahead of the first major week of Third Quarter earnings, dow industrials up 100, nasdaq down 1 point, s p 500 higher by 7 andahalf. Were keeping an eye on the bond market, Interest Rates and the price of oil. Both heavily affected by the middle eastern conflict with
Carrying out localised raids and Ground Troops have entered the territory. Now this is the first ground incursion by israel since last weekends hamas atrocities. Israels air force now say it has killed ali caddy, the senior hamas commander who led that cross border terrorist attack on israeli settlements. A week ago today. Israel says that hamas is Still Holding at least 120 captives. The United Nations is captives. The United Nations is warning that over 2 Million People are at risk as water runs out and humanity , korean aid is out and humanity, korean aid is blocked from going into gaza. Airstrikes on gaza city have flattened, sections destroyed , flattened, sections destroyed, buildings killed and injured yet more people. A palestinian rescue team was hit by a missile while they were attempting to care for the wounded. Amongst the rubble. The Israeli Military the rubble. The Israeli Military says it is destroying hamas targets in its strike and has killed dozens from hamas. Well ki
The u. S. Central bank doesnt want to risk overtightening and adding that the fed is at the end of the hiking cycle. The death toll from the israelhamas war is claiming 1,500 lives as they prepare to mobilize 300,000 reservists. And countrygarden is warning it is unlikely the company will be able to pay the remaining debt obligations. After resilient start to 2023, Global Growth is expected to slow this year and next according to the latest projections by the imf. The outlook released a moment ago, the fund says the United States is on track to exceed prepandemic growth with gdp expected to rise 2. 5 this year and 1. 5 next year. China is expected to lag behind. Global headline inflation is set to decline from the peak from last year to 5. 9 in the Fourth Quarter of this year and fall further below 5 in 2024. This World Economic outlook came out a few moments ago. It is long. Sylvia and i have had time to piece through it. I want to bring your attention to the title. Navigating global
The latest news headlines. A very good evening from the newsroom. Im sam francis. Lets take a look at the stories leading the news tonight. Rishi leading the news tonight. Rishi sunakis leading the news tonight. Rishi sunak is under pressure from some of his own mps and opposition parties after a disappointing set of local Election Results this week. The conservative mayor for West Midlands , andy street, was midlands, andy street, was defeated by labours richard parker, while sadiq khan is beginning his third term as london mayor after securing a majority of 275,000 votes. Well, while opposition leaders are claiming those Election Results show that we need a general election now, they say government minister mark harper insists the conservative are focusing on the priorities of the british people. The british people. I think all conservatives now need to get behind the Prime Minister as the chairman said in his article this morning and take that message to the country. We see from the
That recession. We are going to talk about it with my guest coming up right now. Im cheryl casone, everybody, in for liz claman today. Were going to start with a fox market alert. The bulls are actually making a bit of a comeback in this final hour of trading. As you can see, the dow up 25. We had been on the fence just a few moments ago. Maybe charles turned it around. Im going to do the cc effect right now here because you do have the the dow at one point down is 88 188 points at session lows. Trying to make this two wins in a row. We shall see if that works out. If the dow can can close up more than 17. 7 points, and its above that right now, it will be back in positive territory for the year. Were closely going to watch this average. Now to the s p 500. As you can see, it is slightly higher, a fraction here, 1. 2 1. 48. Wed been down 38 points on the lower in todays session for the s p, so thats a comeback. And heres the final comeback, the nasdaq. As you can see, up 4 points. At 1