Im sara eisen with mark san toll i filling in for wilfred frost. Good monday morning. New month of trading. Lets show you where Global Market are starting the month of august. July was one of the best months weve seen since back in march. A gain of more than 3 for the dow, s p, double that for the nasdaq and were starting on a high note. Fractional gains. S p futures up 3. 5. Nasdaq futures up 6. As for the tenyear treasury note yield, it was the first look at the second quarter. It came in way below economist estimation. That pushed the yields down. Theres some selling pushing bond yields higher. Were still below that 150 mark. Well talk about at that later. Lets get a look at the european markets right now. We did have European Data coming out. The manufacturing pmis in general coming in roughly as expected. You see there germany up marge ally. That pmi was better than expected. And then a little below the flat line in italy and spain. Those banking concerns hover over the market. Le
Democracy standoff, dozens of students protesters are arresting after trying to storm the governments headquarters. A verdict in the trial of it hose any bubaric. A packed court was expecting a ruling on charges related to the murders of protesters in the between uprising. Instead, the judge surprised the courtroom by announcing that he needs more time to consider his decision. Osama binj. Aba reports. The man who led e for dick aids, for the death of peaceful protesters, abuse of power and profiteering. But its been postponed until next month. Translator the court has decided to postpone the case to the 29ths of november. The documentary was shown in court which highlighted the 160,000 pages the prosecution has to go through. Mubarak, former interior ministry, six of his assistants and businessmen are accused of ordering the killing of protesters. The case began in 2011. The trial has been divisive from the beginning. Mubarak supporters oppose the only leader many had known for years
Both countries prohibit the activities of the muslim brotherhood. Workers at Fukushima Daiichi have detected a surge in the amount of radioactive chemicals in a well at the nuclear plant. They say the people in charge of the plant need to do more to stop tainted groundwater from seeping into the ocean. Officials said levels of cesium had risen. Thats more than 100 times the level reported on friday. Translator the people at tepco need to install steel plates in addition to reinforcing the embankments. They need to take a multi layered approach to stop the leaks of contaminated groundwater. On monday, workers started drilling holes along the ocean bank. They plan to pour chemical into the holes to harden the soil. The man who used to manage the plant has died. He was one of the fukushima 50 who worked after the accident to prevent a broader catastrophe. He died after a battle of cancer of the esophagus. Reporter he had managed Fukushima Daiichi for just nine months when he was confronte
and the post office. let s go out front. i m erin burnett. out front tonight we re live from washington as ee get ready for the big debate tomorrow night. there s a super failure tonight. such failure that the leaders of the super committee didn t even face the press. they issued a statement. which read in part, despite our inability to bridge the committee s significant differences, we end this process united in our belief that the nation s fiscal crisis must be addressed. they didn t say by someone else. but they kind of did. they agreed on one thing that they who had the mandate to do a deal with a simple majority would all kick the can down the road. even though we are in a crisis. that is pretty audacious. super committee, you had the power as they say, if not you then who? if not now, then when? they were told to cut 2.6% of the budget over ten years. they couldn t do it. the president did approach a camera to say he would veto what sdwrom had suggested which was