And technology outperforming in todays trade. Theyre all up more than 1 hers at the moment weve got 59 minutes left to go in another wild session. Green across the screen once again. The company now pivoting to very different space. Well speak with the ceo about the strategy shift plus, former ceo getting in on the spac craze with a Blank Check Company. Lets get straight to the big stories were watching mike santoli tracking the market on this first day of the Fourth Quarter. Steve leezmiesman has a look ate Economic Data and we have the latest on the stimulus notions its been a little jumpy. A little fitful action it is shuttling up and down within that range. It seems as if the market is trying to shake out the people or the al go riridg al algoriths the year to date chart, we remain here. We keep pointing out its kind of this, you know, upper range above the year to date break even level it is about 1 , 1. 5 up from this level in the 3400s. People say maybe represent an upside break
Have a close working relationship we had a productive meeting at the last g20 i look forward to this one will we see a deal by the end of this year i cant speculate on that im hopeful but there needs to be the right efforts in place. This is not a deal for the sake of having a deal we were about 90 of the way there. Hell see what we get. One thing on the minds of a lot of folks in the persian gulf area is the potential for that International Coalition in terms of protecting shipping lanes in the persian gulf and the strait of hormuz. I caught up with brian hook over the weekend, he suggested the possibility of this. What kind of conversation are you anticipating when you come to the g20 on this specifically . Will we see monetary contribution can we expect to see their ships in the persian gulf . Will be discussions this is an important issue not just to the region but to the world and to china where they depend on energy. The u. S. Is a large exporter of energy now we will continue to
Movement President Trump threatens owe obliteration if iran attacks anything american in the latest war of words between washington and tehran well speak to u. S. Treasury secretary Steve Mnuchin within the hour and thyssenkrupp shares get a lift on a report of a possible offer by Engineering Firm kone for the elevator unit. And european chip stocks rise after micron beats Third Quarter forecasts and resumes shipments to huawei despite a washington ban on the chinese tech giants. Good morning the Federal Reserve chairman, Jerome Powell, has warned that the outlook for the u. S. Economy has deteriorated since early may thanks in part to uncertainty about Global Growth and trade. Powell said publicliey during a speech that the Federal Reserve remains independent. He insisted the central bank has yet to decide when is the right moment for a rate cut. The question my colleagues and i are grappling with are whether these uncertainties will continue to weigh on the outlook and thus call for
Commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public comment will be taken both in person and remotely by calling for each item, the board will take Public Comment first. People attending the meeting in person and then from people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone by calling. 56550001. Access. Code 26605203021. Then pound, then pound again when connected you will hear the meet
Before meeting of august 17, 2023. At this time. Hey, just give me one second here. Get me organized. Im doing my survey. All right. Okay welcome, everyone. Thank you for all the participation on the board level and im madam secretary. Do you want to call the roll, please . Thank you, commissioner. Commissioner connor. Present mr. Thomas. Present. Present. Helfen. Present mr. Driscoll. Here mr. Gandhi. Present commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public c