Julie he downplayed the need of more regulation of the Banking Sector and was on the same page fed inet yellens terms of raising rates in december. Stocks take a leg lower on these headlines coming out of north korea, the north korea fired a Ballistic Missile. Stocks now paring some of their gains, the nasdaq just went negative in the past few moments after they had all been trading a record. The kbw tank index is up here, as that was my thing rising more. Banking stocks to continue to rise connected to those Powell Comments on regulation. You see a mixture of the large banks and more regional banks that are doing well in todays session. Retailers are also continuing their recent run. We have seen more consistent strength and retail going into the holiday season. We were supposed to flipflop these, as some of the signs are looking good for the Retail Industry. Speaking of december, december is the only month of the year where we have not seen a decline for the s p 500 historically. You
Plenty of sunshine is on the way this weekend with unseasonably warm september temperatures. The High Temperature on saturday tops out at 102 degrees and sundays forecast high is at 101 degrees. Winds stay light on saturday with sunday becoming breezy during the afternoon. Wind gusts up to 25 mph are possible later in the day. Wind will get stronger monday and tuesday as temperatures take a tumble. Well fall back into the mid 90s monday and low 90s on tuesday. Winds will be gusty both days. Temperatures bottom out on wednesday with highs around las vegas in the upper 80s. A woman is in the hospital, fighting to stay alive. After being involved in a crash with a suspected it happened around seven last night at the intersection of charleston and maryland parkway. Police say a dodge magnum ran a red light at a high speed. Hitting a ford mustang before crashing into a traffic signal pole and a pedestrian. The driver of the dodge magnum. 19yearold raul espinoza. Is facing a felony dui charg
The truth, so help you got . We will be using a timing system today. Please be aware that one minute before the red light comes on, you will see the light change from green to yellow, giving you an opportunity to conclude your remarks. All of your written testimony will be printed in the record in its entirety and we would ask that you try to limit your oral testimony to five minutes. Professor battalio, we will have you go first. Thank you again for your work. Good morning, chairman levin and Ranking Member mccain. Thank you for inviting me to testify today. Its an honor to have the opportunity to present my views on conflicts of interest. In u. S. Equity markets to the Senate Permanent subcommittee on investigations. My expertise is the relationship between order flow inducements offered by dealers and exchanges and the quality of trade execution. Before discussing my Current Research with shane coreland and Robert Jennings id like to provide a bit of context. Orders used by retailer
Testimony. All witnesses who testify before this subcommittee are required to be sworn. At this time i would both of you to please stand and raise your right hand. Do you swear that the testimony youre about to give before this subcommittee will be the truth, the whole truth, and nothing but the truth, so help you got . We will be using a timing system today. Please be aware that one minute before the red light comes on, you will see the light change from green to yellow, giving you an opportunity to conclude your remarks. All of your written testimony will be printed in the record in its entirety and we would ask that you try to limit your oral testimony to five minutes. Professor battalio, we will have you go first. Thank you again for your work. Good morning chairman levin and Ranking Member mccain. Thank you for inviting me to testify today. Its an honor to have the opportunity to present my views on conflicts of interest. In u. S. Equity markets to the Senate Permanent subcommitte
For this and support this and i want to use my remaining time to talk a little bit about the budget resolution the Budget Conference Committee that we are going to talk about later. I completely agree with chairman mckeon. In the spirit what i said about the ndaa, about the necessity of getting our job done, we need to pass a budget. I know it impacts all manner of other pieces of government but im most familiar with what it does to the department of defense to not have a budget, to not have Appropriations Bills, to have to go from c. R. To c. R. To Government Shutdown threat to actual Government Shutdown to another Government Shutdown threat, you simply cannot function as well as you should or as well as you would if you had a dependable budget that said heres what you have. It would never be what all of us want. It is better of the predictability of having an appropriations process. Its critical we Pass National defense authorizing act, its critical we pass the budget. We have to fun