We have seen some push pull here. Some of that weakness still russellg with the was 2000. 8 . 10year yields continuing to rise. Breaking out of what was earlier 82month trading range between 54 and 78 basis points. Now, incredible the break and we have seen the last two days. Further weakness in the bloomberg dollar index. We are back to weakness that we have not seen since march 11. You wonder how much of that is the feds continued stimulus into the markets. I want to talk about the data that make up this morning. U. S. Jobless data showed continuing claims failed to decline again and instead rose above the forecast of 20 million, to 21. 5 million. The market is reacting to the news as a cast doubt on the hopes of a strong economic rebound. For more, we are joined by nela richardson, edward jones senior strategist. This is one of the first times for the market that it is reacting to the poor Economic Data. Been in your opinion, has driving the weakness of today after what has been a s
Week, the bullish sentiment reading, the Retail Investment strategy. Many think, when they get super bullish, they will go in the right direction. Aiis going south in 2016, same in 2017. Last year, pretty correlated. Right now, pretty divergent. The bullish sentiment reading at a three year low. Some would say this is a bullish sign for stocks for the rest of the fourth quarter. Metal ive got the palladium on the mind. Offing a high today writing safe haven demand. China wants more talks before president xi agrees to sign phase one of trade deal. Worries about the tightening supply of the metal are still in play. The middle has gained more than 35 year to date. Incline since a steep drop that happens in june. Taylor we know that the treasury markets are closed today but one way we will be able to look at treasury yields is to look at the futures market. It is showing us that yields still are falling a little bit. We are down to about a 161 on the 10 year. Know it has been steepening a
2020 election probe. Why his attorneys say the judge should reject it. Our nbc news exclusive on the Campaign Trail with ron desantis after years of avoiding questions about it, desantis now taking direct aim at Donald Trumps false claims about the 2020 election what he told us. The alleged plot to assassinate ukraines president zelenskyy foiled the woman in custody tonight. Our nbc news investigation. The potential deadly danger from infant Nursing Pillows. And remembering the oscarwinning director of the French Connection and the exorcist, the legendary William Friedkin announcer this is nbc nightly news with lester holt good evening, everyone, and welcome. Severe weather on the march in the east tonight, forcing thousands of Flight Delays and cancellations. In washington, d. C. The government allowed federal workers to go home early today d. C. Under a Tornado Watch until midevening. The Storm Prediction Center warning of a widespread damaging wind event this evening. The line of st
And flash floods. More than 80 million at risk. Major disruptions to air travel. More than 6,000 Flights Canceled or delayed. Ground stops in atlanta, baltimore, philadelphia, washington and new york. In d. C. Federal offices closing early. Danger on the roads. A charter bus crashing in pennsylvania. At least three killed. Were tracking the storms. Also tonight, the deadly midair tragedy. Two firefighting Helicopters Colliding in california. What were learning. Donald trump firing back after federal prosecutors ask for a protective order to limit what he can share about the 2020 election probe. Why his attorneys say the judge should reject it. Our nbc news exclusive on the Campaign Trail with ron desantis. After years of avoiding questions about it, desantis now taking direct aim at Donald Trumps false claims about the 2020 election. What he told us. The alleged plot to assassinate ukraines president zelenskyy foiled. The woman in custody tonight. Our nbc news investigation. The potent
Tonight. Our nbc news investigation. The potential deadly danger from infant Nursing Pillows. And remembering the oscarwinning director of the French Connection and the exorcist, the legendary William Friedkin announcer this is nbc nightly news with lester holt good evening, everyone, and welcome. Severe weather on the march in the east tonight, forcing thousands of flight delays and cancellations. In washington, d. C. The government allowed federal workers to go home early today d. C. Under a tornado watch until midevening. The Storm Prediction Center warning of a widespread damaging wind event this evening. The line of storms on a track from mississippi to maine heavy rain, flash flooding and large hail in the forecast airports including baltimore, newark and philadelphia experiencing ground stops tonight. All of this being ushered in by a cold front as blistering heat brings continuing trouble across much of the rest of the country. Vaughn hillyard is in washington, where folks are