The top stories this hour wall streets fear gauge wres up, sending stocks to a fourmonth low. Signs of official yen intervention after the currency is ranked 150 to the dollar. Haidi republican hardliners revolt, dumping maccarthy as House Speaker and sending a Fractious Congress into further disarray. Shery plus new Zealands Central Bank expected to deliver a hawkish hold trying to capably keep a lid on inflation expectations. Haidi we do have breaking news off the top of the hour, the australian pmi numbers, the judo composite number, taking a little bit higher in the september final reading, at 51. 5 from 50. 2 in the prior indicator. We saw the september inal reading when it comes to the services comont, also taking higher, 51. 8 from 50. 5. A little bit more firm into expansionary territory. Unlikely to really move the needle when it comes to with the rbas doing given we saw the central bank keeping the key re unchanged with the tightening bias last tuesday really gauging the impa
Off a little bit still at 1253. 5. We see oil continuing to rise. Nymex crude now trading at 90. 63 per barrel. That is putting pressure on the market. N in the strike story, getting you up to speed in auto stocks. Mix performance from ford, gm, and it still and tense with us to lantus and gm higher on the day and forward a little weaker. For those wondering why you might not see a sizable selloff in the names, the Analyst Community has been weighing in with the argument being that most people expected we will get would get to the deadline and ultimately have no deals. Because you are seeing a strategic approach or by the uaw, the damage in theory could be worse. We will find out what happens over the days ahead. We are watching weakness in the supply chain. The car stocks. The Auto Industry publicly traded version. Carvana and carmax are down today. They were up into the news. Advanced auto parts down it now. We will continue to watch all the names. If there are fewer vehicles coming
Increased its payroll by 2,000 jobs. However, this firm has been inadvertently caught up in unnecessary s. E. C. Registration because with sbic assets undermanagement being counted, it exceeds the 150 million exemption threshold we established in doddfrank. Without undermining the key Systemic Risk and Investor Protection requirements, we established under doddfrank, h. R. 432 provides escalot Capital Partners and similarly situated sbics with targeted relief. So i applaud the bipartisan coauthors and urge members to support this bill. I will reserve the balance of my time. The speaker pro tempore the gentlewoman from california reserves the balance of her time. For what purpose does the gentleman from missouri seek recognition . Mr. Luetkemeyer mr. Speaker, i yield as much time as he may consume to the gentleman from new jersey, mr. Garrett, the member of the Financial Services committee and distinguished chairman of the subcommittee on Capital Markets. The speaker pro tempore the gen
Woodruff plus, the future of the u. S. Labor movement. After a string of union setbacks in the Auto Industry and the public sector. Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, like they do in every other aspect of their lives. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs
The u. S. Labor movement. After a string of union setbacks in the Auto Industry and the public sector. Those are just some of the stories were covering on tonights pbs newshour. Major funding for the pbs newshour has been provided by ive been around long enough to recognize the people who are out there owning it. The ones getting involved, staying engaged. They are not afraid to question the path theyre on. Because the one question they never want to ask is, how did i end up here . I started schwab with those people. People who want to take ownership of their investments, like they do in every other aspect of their lives. Supported by the john d. And catherine t. Macarthur foundation. Committed to building a more just, verdant and peaceful world. More information at macfound. Org and with the ongoing support of these institutions and foundations. And. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like yo