Israel and hamas at the Daily White House briefing also press secretary karina jeanpierre discusses iran and chinas Foreign Policy into gossip hostage negotiations. [inaudible] [inaudible] good afternoon everybody. Good to see everyone. I have a couple things at the top before i turn over to the admiral. As a conflict between israel and hamas continues, President Biden has made a top priority to ensure the palestinianes people receive urgently needed humanitarian aid. This is something he has actively been engaged on over the past week including calls with president of egypt meetings and calls with Prime Minister netanyahu. We are glad to see the first convoys of humanitarianco assistance over the weekend crossed the border into gaza and reachle palestinians in need it. We are grateful for partners involved in these efforts. It is important to keep rafah in operation in a ploy without diversion from 10 to humanitarian assistance is a critical and urgent need for palestinians in gaza. W
And the west blank. President Netanyahu Convening his cabinet late last night to discuss what is in receipt Military Spokesman calls late next stages of the war. Israeli strikes targeting trying to turn building after building to rubble. Tens of thousands of troops gathered just outside and wait a possible hamas fighters in lebanon. Here at home thousands of pro Palestinian Protesters calling for a ceasefire clash with police in americas biggest city. Who will talk with the Ranking Member of the Armed Services committee adam smith. And. Im going to send to congress and urgent Budget Request request the white house calling on congress to provide funding not only for israel but also for ukraine. Hamas and putin have two different threats they completely went to want to annn neighboring democracy of. A call for action faces an Uphill Battle as republican support for funding the Ukraine War Ends in the house remains paralyzed without a speaker. I like the way it used to be where we would g
Top stories, you 6 00 a. M. On the east coast. Today, tensions hitting new highs, 1400 israelis are dead, 4700 palestinians are dead as the war in israel enters day 17, hamas releasing two american hostages and they say theyll release two more but israel says the terrorist group is holding more people than previously thought. We understand you now it is 222 hostages. Meanwhile, Chinese State media says the Naval Command has been deployed to the middle east. As for President Biden, hes back on the beach, everything you need to know all morning long. Markets this morning are selling off this morning, take a look at futures, a triple digit decline ahead of a major week of earnings and economic data, dow jones down 211, nasdaq down 121, s p 500 lower by 30. We are waiting on the first read of Third Quarter gdp out on thursday, the september pce index out on friday. Earnings will drive the action ahead of all of that. Investors still closely watching the bond market and spiking Interest Rat
Stuart the war is widening, israel has stepped up the targeting of hamas in gaza there have been on the ground raids beautiful land invasion has not started. President biden is trying to restrain israel from the Ground Invasion. Hezbollah and iranian proxy has fired more rockets and antitank missiles into northern israel that is looking more like a second front. Separately Fox Trey Yingst has been interviewing witnesses to october 7 attack there is video which we will not show you the atrocities. It was a deliberate massacre. On the market this morning, here is the news the ten year treasury moves above 5 . It is at 497, ten minutes ago it was a 501. It hit the 5 level. As for the two year that is well above 5 were looking at five tend to be precise. Plus the expanding were producing some stock selling this morning, the dow industrial done 140, nasdaq 1050. Here is a bright spot, bitcoin been well above 30000, 30600 to be precise, i thought the war would move oil up but now its around
Margaret goes straight to look at the money. The market is coming back nicely we were down to a point on the dow industrial, never down 50, the nasdaq is the 34point modest losses in the early morning, the ten year treasury about 5 this morning now its come all the way down to 4. 93 , substantial reduction in the yield right there. Maybe that is helping the market, the price of oil coming down 1 lower 87 a barrel. Surprise of the morning, bitcoin 30600 per coin, ryan payne to look at the market in light of the word developing situation. We are down a little bit the lefthand side of the screen, where do stocks go from here. I think they will go up from here, there is a famous saying from Benjamin Grant in the short term the stock market is a voting machine and in the long term away machine. It is a weighted machine we have unrest going on in the middle east and we dont know how that will pan out. Stuart somebody negative 5 treasury, 8 mortgage, wider war in the middle east do you still