Services, bundling, tv, gaming options, along with a new Fitness Service which will work in tandem with the watch. For tiktokcles bid undergoes a National Security review. Oracle does not offer compensation to the u. S. Government as president from amended but does promise to create 20,000 new jobs. Tech was up on the day but also or volatile. Why was that . Sarah the Third Straight day of gains for the s and p. The nasdaq, the second straight day of gains of more than 1 . A strong day for tech. Some of these biggest faangbutors, your classic names. Microsoft, facebook, amazon. This even after Kim Kardashian said she would freeze her facebook and instagram accounts starting tomorrow. Facebook still up more than 2 . Microsoft staging a nice gain of 1. 6 today. We are still dealing with the aftermath of nasdaq falling into a correction. The nasdaq is still about 8 or so off a record. If you look at 2020 and the performance, it is unbelievable. Emily apple, first it was up, then down, the
Beijing praises the decision while President Trump says he is not a fan. A focusson says now on his cabinet lineup. And plans for structural reform. Are seeing a lot of investors sticking by the sidelines, a quiet session in the u. S. Overnight. Wall street hanging out to see what further guidance we get from the fed after their decision. A great chunk of investors will be waiting for more details as to the revamp inflation target. We are seeing futures trading flat. This after we saw u. S. Stocks rising. The s p seeing a Third Straight session of gains. For a change, we saw gains across tech, outweighing the decline we saw across financials. Treasury yields at the dollar end of the day, where they started. We are seeing the likes of the dollaryen holding steady, this as we look set to see the appointment of yoshida suda as the new japanese Prime Minister. As well as hearing more about whether we will see continuity across his cabinet appointments. We are watching at to see if another
and we ve just heard they re evacuating civilians from the line there. and russia continues to target critical infrastructure in ukraine, triggering power and water outages. overnight, central ukraine was hit, quote, all night long by russian attacks. also a new round of kamikaze drone strikes. ukraine claiming it shot down 13 drones in the mykolaiv region. clarissa ward is live with the latest. can you tell us what you re hearing happening near kherson? reporter: it s an interesting picture. one we didn t expect to see quite this quickly but what appears to be happening is the mass evacuation of civilians to the sort of left bank, if you will, on the dnipro river. to try to, in the words of russian authorities move these people to safety because there s a huge ukrainian attack anticipated. although ukrainian authorities are saying that s propaganda and they aren t planning any kind of attack, particularly not on civilian infrastructure or tarts. but nonetheless we do sta
This is where a lot of the movement is. Nearly 4. 93 on the two year yield. Stunning moves of 18 basis points higher than where we were a day ago. The 10 year yield now back above 4. 50. The dollar rising in conjunction. Gold taking a bit of a breather, it has risen 13 on the year so far. Movers on the equity side, one stop feeling pain from the Inflation Report is deckers outdoor. It is among the worst performers in the s p 500 and is affected by downgrade. The stock down more than 7 on the day. Delta reported a strong secondquarter outlook. The stock fighting to remain higher amid the selloff. The ceo says there is no let up in demand going into the summer. Delta flat now on the day. Boeings supplier taps the new ceo. The new ceo oversaw a number of quality problems and margin issues. David kelly says todays data takes the june rate cut off the table. The sound you heard was the door slamming on june rate cut. Its more inflation than the fed wants. They still want to normalize rates
Those who are at the lower end of the economic scale, and i think thats appropriate. So its middleclass tax relief but heres how it works. The share of federal taxes paid in 2019, which is a year after this is implemented, it starts right away, by the way, so middleclass families are going to get that relief right away. Currently is in the red and then our proposals in the blue. If you make, again, zero to 20,000, its very unlikely that you have income Tax Liability. But some families do and the average is. 1 . If you make 20,000 to 50,000 a year, your share of federal taxes goes down from 4. 3 to 4. 1 , in our bill. If you make 50,000 to 100,000, your share of the federal taxes goes from 6. 9 to 6. 7 . If you make 100,000 or above, your share goes not down. It goes up. From 78. 7 to 78. 9 . The top percent of wage earners in this country, earners, top 10 pay approximately 70 of the income taxes right now. After our bill is passed and implemented, they will pay more than 70 . So it is