hello, i m lyse doucet. reporting from jerusalem. we start with the latest from the israel gaza conflict, day 30 of the war. let us take a look at this live shot towards the gaza skyline from southern israel. just after 11am local time now. the israeli military has said it will open a four hour window for people still living in northern gaza under extremely dangerous circumstances to move towards the south. the route for the evacuation will be on the salah al din road. it is the main route running north south in the gaza strip. it will be open between 8am and 12pm gmt. the road is already open. we will try to get you reports about how the evacuation is going. we have also been following reports the hamas run health ministry has accused israel of carrying out another deadlier strikes. a spokesperson said more than 30 people were killed in the bombardment of a refugee camp in the centre of the gaza strip, al maghazi. israel said it was looking into whether its forces had been
If the blue chips hit the milestone 26,000 at the open and coming to download added 1000 points in seven trading sessions. The shortest time for a gain of backsides ever. The rally could be held their earnings from several bigname Companies Including united, health care. Kerning in revenue came out a few moments ago but revenue and earnings topping expectations. The company said the most recent quarter earnings per share were boosted by 1. 21 by deferred tax benefits. The Company Revised their 2018 outlook to affect effects of tax law changes. This is why markets keep going up. Waiting for numbers from citigroup due out later this morning. The main thing to watch in the earnings whether more companies will be giving bonuses out to employees. Several big Auto Industry ceos including Fiat Chryslers Sergio Marchione spoke with fox business about what the legislation means for their companies. We removed all the cobwebs and concern about when they do it. Im glad weve done it. The tax packa
Well find out pretty darned quickly when the Chinese Market finally reopens for business. But i can tell you a lot of whats working in our markets with better numbers coming out of the peoples republic, not out of the united states. In fact, much of the strength we have seen in the last three days comes from a belief that the Chinese Government is working to refoot their economy, which helps explain todays strong results. S p advancing. Nasdaq too. Im seeing signs of hope everywhere. In china, that is. Morgan stanley, after disliking the Mining Sector for ages, went positive on two of the biggest minors. And the market loved it. Stocks roaring hard. A couple of weeks ago that would have fall own deaf ears. Total bellwethers rocketed. Real gain 8 . These two left for dead companies were the most heavily shorted. They were shortselling annuities. A dream come true for those who bet against stocks until the comeback story come about the last couple of days. Thanks to copper, it has fallen
About three points going lower here, and the nasdaq were keeping an eye on that one. Its going to be all about the nasdaq this week. Eerily similar to the exact same time of near 15 years ago the nasdaq closed at alltime highs. Its closing in on 5,000. It just turned negative on the session. Were off five points. 4,963 is the level. Were talking about 35 points away from crossing 5,000. Well have lots of numbers coming up on this. Obviously on an inflation adjusted basis you would have to of that index at 6,800 to have it equivalent you could argue. You have that number just right at your fingertips. We were just looking at it but a lot fewer companies as well. In the nasdaq this time around you have Something Like 2,500 companies versus 4,700 last time. Janet yellen getting grilled by the house on the feds independence. They were pretty feisty. Well get reaction from House Financial Services Committee Chair Jeb Hensarling coming up later today. They were really going after her. Oh, ye