Asia a new benchmark lending rate, 4. 25 down from 4. 31 that help stocks early in trading and the hang seng and shanghai gave up those gains. Hang seng down by a quarter of a percentage point stocks in japan were higher. The nikkei closed up by just over half a percent. In europe with the early trading taking place youre going to see that at least the three major averages are in the green right now. Germany just barely. Its just above the flat line but the cac is up by a quarter of a percent stocks are weaker in italy and spain and then if you check out the treasury yields here in the United States, this again is what the market has been watching so closely. Those yields lower today the ten year note sitting just below 1. 6 the two year at 1. 518 and the 30 year bond is above 2 but just barely 2. 04 . Home depot reporting 317 a share. Thats above 308 thats what the consensus is however the revenue indicated 30. 984 and its at 30. 8. So the stock is indicated at this point down a littl
But the decision was made not to charge the president with a crime, in part because of the office of Legal Counsel opinion that we have been talking about you cannot indict a sitting president. The only way to hold that isting president accountable outside the criminal justice system. Those are the issues the committee will look into. The big issue on everyone mine will be impeachment and whether the House Judiciary Committee will move through that after the hearing. That remains to be seen. But that will be top of mind. Host take us through the format of the hearing. Guest 2 it will be a regular order hearing, but it will be three hours. The hearing was supposed to be last weekend and be shorter than that, two hours. The committee was able to negotiate with special Counsel Robert Mueller for more times more time, which would allow all Committee Members to have questions. If it were two hours, the bottom runs of the committee would not be able to question Robert Mueller and public, whi
Of the parents, and thats what, thats what echo watches doing is nothing more than us termination. Then you have to keep our and jerry and spirit lie as inductive. We can get us tell about this intimidation. Russia is a forwarded me to see condensed p federal tax on a nice little vessel that i may as the princess stuff is enabled, strikes on the russian ships in the back to see the a very warm welcome to you from the entire international. And you see were coming to you live from us. So lets take a little bit of so it is out. We saw it was used from practice on what people have taken to the streets to protest a sentence thing, a former Prime Minister in wrong come to 3 years in prison. And its not by court. Found com, guilty of a legally settings state gifts, which he has them and the denied who in the case of getting simplicity motivated, he was arrested in his home city of level or the court has also, but im him from politics for the next 5 years in a prerecorded message ahead of the
Australia, counting down asias major market opens. Shery the top stories this hour. The u. S. Stock rally hitting a wall following hot jobs data. The s p 500 has its worst day since april, the vix of the most in five months. Haidi u. S. Companies added more jobs in july than expected. Inc. Of america reversing its outlook for a recession. Shery Brazil Central Bank cut its key rate by 50 basis points. U. S. Futures coming online in the asian session, Downside Pressure in the new york session, asher on u. S. Stocks and bonds. This on investors having to digest high job numbers and treasury debt issuance. The day after the Credit Rating downgrade of the u. S. This coming at a time when we continue to see the treasury selloff. We are talking about yields reaching new highs, the 10 year yield at the highest level since november. An upsurge in the yields earnings. It led to more momentum. It is still earnings season, 169 s p 500 Companies Reporting earnings. Qualcomm being the latest. The Do
Stuart return of the man . Not sure of the relevance of that. Because i am the mac . I am back . That is a stretch. Good morning. 10 00 eastern. Think about the money. We have a turnaround here. The dow open lower, is up 100 points, the nasdaq down but not as much as it was. 71 points. The 10 year treasury yield, 14 , 4. 01 to be precise. The price of oil is 81 a barrel. That is for bitcoin, that is up 28,000 levels over the last 6 or 7 weeks, that has drifted down 288 as we speak. The latest report on jobs, that is the we start with manufacturing. Lets start with the job openings, the jolts report, no . Lauren i will wait on the producers to confirm my number. I will start with manufacturing data for the month of july. It is ninth straight month of a contraction in the manufacturing sector, the number came in weaker than expected, 46 points in july, better than the prior month which was the lowest since may 2020. Stuart the number of jobs going, open positions, last time around, 9. 58