Radio and Bloomberg Television across this nation. It is not a usual august. It is highly unusual, different from 1998. Certainly some of these trends are draw dropping are jawdropping. Bonds participate. It is decidedly risk on. Lisa although you have to say, when you got a 10 year yield below 1 , to say it is a decidedly different tone with yields going up indicates just where we are in this cycle. I will say, also important to note that is yields rise, bond prices down, you are seeing real yields remain deeply negative. Tom deeply negative and plunging right now. 1. 00s the right word, at and now at 1. 03 on the u. S. Tenyear. That is a really extraordinary drop. Saw,own near the lows we but this will be a huge theme. What will you listen for from chairman powell on thursday . Lisa basically, how much they are going to keep yields low and how much they perceive themselves looking at the reality of the economy today. I really think it is important to note that even as yields move up,
Scarlet we also are looking at the nasdaq 100, which is now closing up about half of 1 . Really interesting that you brought up that whole idea of the technical levels. Predental ack prudentials quincy crosby. Hold one we managed to and close above that average. At eu read into that how do you read into that . It is almost as if everyone has become a technician. When you can close above these resistance levels and if we can add to this, what it suggests is that the trajectory of the market is positive, at least for the short term. The reason why so many have been focused on whether or not the market could close above 3000. We all abide by this because it has been hugging it for so long. Every day, closer, then consolidate. By the way, the expectations were that it would be those big tech names that would actually 3000 the concrete of the level at closing above it. Romaine we did close today on sincep 500 at the highest march 4. A lot of folks have wanted to see us retest those march le
Influenced the east midlands in inside out east midlands. On tonights programme. After his brothers murder, the inspiring story of how jar chose life over a gang life. If youve got a dream, if youve got a vision, theres steps its not going to come overnight. Youve got to work hard, youve got to believe in yourself, and youve got to be focused, this is bbc news. And thats what i try and instil im reged ahmad. Our top stories in all these kids that walk through the door. Pressure on the white house. Whats next for the mercians . The special representative local soldiers reflect to ukraine, kurt volker, on their service and has resigned after being named sacrifice in afghanistan. In a whistleblower report. Friend isnt a Strong Enough word to describe the relationship that we have. And in congress, the us secretary of state mike pompeo is given a week i think we are absolutely brothers. To hand over documents and talking about their generation relating to ukraine, as the democrats step up
Hello and welcome to bbc news. Impeachment proceedings appear to be gathering pace in the us as democrats say theyre hoping to hold hearings into President Trump, as early as next week. It follows claims from a whistle blower that mr trump put pressure on the president of ukraine, to investigate joe biden, the democratic frontrunner in the race for the white house. The subpoenas are already flying. Secretary of state mike pompeo has been ordered to hand over documents concerning contact with the Ukrainian Government by next friday. As the democratic controlled House Foreign Affairs Committee Puts it, your failure or refusal to comply with the subpoena shall constitute evidence of obstruction of the houses impeachment inquiry. President trump has lashed out at the inquiry saying its a witch hunt. Our north america editorjon sopel has the very latest. There is support and defiance but also there is anger. In a twitter feuds like this morning he took aim at the Democratic House intelligen
A little bit slow and once you get to livermore and pleasanton it is better. If you are driving on interstate. If you are driving on interstate 80 it when the major issubridge the d traffic is flowing normally through the entire called the cut tunnel but that is after was shut down last night after a shooting inside the tunnel and ktvus Elissa Harrington joins us now to explain what we know so far. Reporter morning, one person was shot inside the caldecott tunnel inside the fourth bore headed westbound and someone opened fire from inside another moving car and hit the driver in the head and the chp shut down the tunnel for 2. 5 hours to investigate and westbound lanes were also closed. The victim was taken to the hospital and a passenger in the car wasnt hit and the fourth court reopen around 1045 the fourth court reopen around 10 45 pm. We do not have us suspect description but chp said the car may have been white in color but we do not know the make and model and is for the victim th