Attacks on facilities and cyber attacks. He called to share information and coordinate efforts with international organizations. U. S. Secretary of state john kerry hosted a meeting of foreign minsters. To make the world a safer place. For some people thats sort of a slogan. For everybody in this room its our daily work. The did deadly attacks have heightened the importance of the summit. The leaders are expected to discuss measures to respond to the Islamic State group. The leaders of japan and the United States pledged to cooperate in strengthening Global Nuclear security. Prime minister abe and president obama issued a joint statement at the summit. It said the two countries will cooperate in transporting uranium. Fuel will be sent from the experimental reactor in western japan to the u. S. For disposal. Its part of the effort to minimize stockpiles that could be used to produce weapons. The reactor was used for basic research and to teach students, but has been off line since 2014
Defected to the south last year. This can be seen as an indication of significant changes in the norths leadership. And rebuilding a reputation. Asai brewer trying to convince people that products from fukushima are safe and delicious. Foreign ministers from the group of seven countries are calling on leaders and people around the world to visit hiroshima and nagasaki. The ministers concluded a twoday meeting on monday and released a declaration that focuses on Nuclear Disarmament and nonproliferation. As the host of the conference, foreign minister Fumio Kishida announced their joint statement, including the hiroshima declaration. The document says that the pepeople of hiroshima and nanagi experienced immense devastation and suffering as a result of the u. S. Atomic bombing, and they reaffirmed their commitment to creating a World Without Nuclear Weapons. The ministers urged all states to work on practical and realistic initiatives that can promote meaningful dialog between countries
Deregulation of the power markets have come in to effect. Judge and years in the making. A japanese space probe orbiting venus has cents back new images that could shed light on its findings. The Nuclear Security summit in washington has kicked off with a working dinner hosted by u. S. President obama. World leaders exchanged views on how to keep terrorists from acquiring nuclear weapons. This is the fourth and final Nuclear Summit hosted by obama. Hes asking the participants to confirm their commitment to fighting nuclear terrorism. Leaders from more than 50 countries are attending the twoday event. Japans Prime Minister shinzo abe is among them. Abe stressed the need to prevent the theft of nuclear materials, attacks on Nuclear Facilities and cyber attacks. He called for participants to share information and coordinate efforts. U. S. Secretary of state john kerry hosted a meeting of foreign ministers. To make the world a safer place. For some people, thats sort of a slogan. For every
Between donald trump and his rivals. A lot of attacks too. Before we get to todays other business headline wes have a developing story for you. A major magnitude 8. 3 earthquake off the coast of chile shaking the country leaving 3 people dead. Waves of up to 15 feet pounding coastal areas. A billion people evacuated. This quake was to powerful that it was felt across the continent. Well tell you more about this as we continue to follow the story through the morning. Lets tell you about the big business stories that were watching. The Global Markets are in a wait and see mode ahead of the fed decision. That comes at 2 00 eastern. You wont want to miss it. It tint stop another volatile trading session in china overnight. The shanghai composite closing down with those losses coming in the final 30 minutes. In europe the Swiss National bank keeping it unchanged but if needed it will remain active in the currency market to weaken what it calls a significantly overvalued swiss frank and then
Anticipated twoday meeting, investors bid up stocks digested some final Economic Data ahead of that meeting. More on that a little bit later in the program. But by the close, here are the numbers. Industrials up 228 points to finish at 16,599. Nasdaq higher by 54, and the s p 500 was up 25 points. More on todays big move in stocks. Stocks started up and they stayed up. Now its the day before a fed meeting. Stocks usually do advance. It was a particularly broad rally although the volume was moderate. A lot of big caps up 2 or more whether youre talking about merck and the pharmaceuticals or ge and the industrials or procter gamble, Even United Health care, all up more than 2 . Now, there was a twist to the buy ahead of the fed story we saw today. Some afraid traders aggressively sold treasuries, as well. That created big moves on top of the rally. Big Banks Like Bank of america, jpmorgan and citigroup why outperforming the market in general as were regional banks like uss bankcorp. Why