Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M. Were suspended for the second half of the day this morning there are a mixed picture. The dax is up. The cac is up slightly the ftse is down a bit finally look at whats happening here in the treasury markets the tenyear right now ahead of that fed meeting, 2. 054 lets look at whats happening with gold. That could be a mover after todays fed decision gold is up more than 10 in the last three months. Apple big number of the week and its our top corporate story. Earnings and revenue topped estima
Points at the s p. The dow up 72 points the nasdaq looking to be higher by 32 points in asia we saw a pull back from yesterdays gains off the china u. S. Trade truce hang seng is off just a fraction over in europe, european equities are mostly higher the dax is up by 0. 8 . Perhaps europe is still digesting the news that Christine Lagarde will head the ecb. The first woman to do so treasury yields fell back below 2 yesterday and remains there right now. 1. 895 the global story here, the benchmark german bund yield has fallen to a new record low, negative 0. 385 right now. It was negative 0. 4 earlier. The italian tenyear has gone from 2. 8 to 1. 7 in the space of about three weeks. Lagardes appointment seen not just in the german bund yield as not potential hawk, she will be more dovish, but someone who can operate politically and avoid a clash on the italian budget. Both appointments being European Commission president and ecb president being german and french shows the power brokers,
Live to westminster, and our Political Correspondent Damian Grammaticas as the budget gets of a closer, what more are you hearing . Just as the budget gets of a closer, what more are you hearing . More are you hearing . Just hours awa and more are you hearing . Just hours away and lunchtime more are you hearing . Just hours away and lunchtime tomorrow more are you hearing . Just hours| away and lunchtime tomorrow and more are you hearing . Just hours away and lunchtime tomorrow and they will be on their feet in parliament laying out the budget and it is a pretty important moment an important moment in any normal year in the political Financial Calendar but this one particularly because it is the last budget before we have to have an election, everyone is passing every word and looking at this and pretty much saying there that the indication is that we know the Prime Minister and the chancellor have said they want to cut personal taxes and the court taxes and individuals pay and within
reset. good morning. parts of america s largest state under water as millions face a flooding disaster in california. dramatic rescues under way now as roads buckle, cars submerge and downtown l.a. at risk. we ll take you there live. more classified documents and another investigation, this time it is a different president. the current one. what president biden s team has discovered in his private office, but also why his case is different than the one playing out at mar-a-lago. rudy giuliani subpoenaed as the special counsel follows the money. chilling discoveries in the search for a missing mother. what her husband searched online and what he bought after her disappearance. deborah norville will join us live. and new twist in russia s war, why the united states is making a significant change involving the weapons it is sending to ukraine. we have new reporting just moments away. cnn this morning starts right now. and thank you for joining us, everyone. we re goi
we have teams on the ground as we prepare for the eventual landfall. we are in florida, and carlos suarez is in tampa in gulfport, and carlos, as we ve been discussing, tampa, that is where the real worry is because they re worried about storm surge and a lot of the residential areas there are vulnerable. reporter: that is exactly right, jim and poppy. the concern is the forecasted five to ten foot storm surge with hurricane ian. we are in gulfport. that is about a half hour drive outside of tampa where a number of businesses right before the barrier islands have already boarded up. they have their plywood out and sandbags in place. other business owners, they re about to start doing that right now. in fact, mike jackson, you own a shop out here. you ve got your sandbags almost in place but you have to start doing some work out here. we have to board up the windows and try to cover up these windows an the door. we still have to sandbag our door after we put some spray foa