But the s p 500 is about 3000. When we close above 3000, up. 6 , plenty of groups rallying on earnings, Morgan Stanley up 3. 5 , closing out the major banks with an excellent set of results. We have the rails rallying, and we will talk about that later on with fritz. The 10 year yield, 1. 76 . Curious about what is happening in britain, guy. Guy the deal we have in brussels is not a deal we have in belfast, so you can see this on the sterling chart. We got a deal, it was announced, sterling rockets up towards 1. 30 . Isn it is clear that the dup not going to vote for it once again, so the pound comes crashing back down, which at 1. 2838 is up on the week, but it has been a roller coaster ride. The negative pound is helping the ftse 100 out and the ftse 250 is positive on the day, an earnings story, and the dax is up by. 3 . What happened in brussels is certainly the big story of the day. Vonnie Boris Johnson has secured a deal, legal text with the European Union is now published, but h
We are seeing a markets trading sideways. A lot of the focus is on potential risks and the potential headwinds that could hit the markets quite hard. A lot of it to do with geopolitics. Keep an eye on the u. S. China trade talks. You can see the stocks europe 600 gaining. A similar move for the s p 500 futures and the 10 year yield is at 1. 54. Coming up, we will be speaking to the shell chief executive. Dont miss that exclusive interview just after half past 10 this morning. Lets get straight to first word news in new york city. Balance sheet growth resumes for the Federal Reserve chairman Federal Reserve, chairman Jerome Powell says dont confuse this for qe. In no way beuld confused with the largescale asset purchases. Neither are the recent technical issues nor purchases of treasury bills we are contemplating to resolve should materially alter the stance of monetary policy. Chairman powell also hinted at the possibility of another rate cut. He was confidence the economic expansion c
4 million in cornerstone grants. This is Financial Assistance to Small Businesses and nonprofit located in ground floor spaces in newly constructed housing newly constructed affordable housing. 2 million in Small Business fee assistance. This will help mitigate funding. It is help offset some of the fees that businesses have in terms of regulatory fees. That is the annual dph and fire fees and things of that sort. Then 1 million increasing funding for the citys Revolving Loan fund. Increasing funding to our loan program to help more businesses be able to start and or expand their business. Then 2 million to expand our sf shines program. That program has been pretty successful in helping businesses either do facade improvements, tenant improvements inside, expanding on that. As commissioner sharky noted earlier, these are for facades, interiors, signage, ada and anything in relationship to Historic Preservation that may be required. Those were early announcements in regards to the mayor
way. it s calleunts by d count stacku 31 of the counts of willfulul retention of national defensede information, six process crimefs . president trump is calling this election interference at the highest level. members of congress are now openly comparing the u.s..presi government to a corrupt banana republic. and ondelling this elect progra onrk levin, called it a war on the republic. and coming up tonight, we ll get full legal analysis from our own great jarrett alan dershowitz, former acting attorney general matt whitakeret . we ll also hear from former speaker of the house newt gingrich. hous matt whd the former se judiciae chairman jim jordan. and later, stay tuned for my preview of my exclusive interview with california governor gavin newsom. that s all coming up this friday night. but first, wnewte begin with aih statement that you hear a lot from the left. nobodycalifoovernor is above t. they say there is one set of rules for every american. in fact, the doj special c
have occurred in the lastey 18 months we ve moved that wasov joe biden s first sit downed interview in one hundred and eighteen days. and despite a flurry of well, nothing but softball questions from a democratic activist pretending to be a late nighted comedian, biden still struggleia to communicate he could barelyy get words out. he had noo answersword for the economic problems we are a lot worset got today. now inflation is up yet again to an all new forty one year high, eight point six percent. the the cost of food is up ten point one percent. o the cost of housing 70%f rent is up in some places as high as 20 percent. household energy bills are up a whopping nineteen point one percent. and meanwhile the average cost for a gallon off gas has nowd more than doubled since biden took over as president. now over five dollars a gallonev nationwide for the first time ever. remember when he first became president on day one you were only paying two dollars and thirty nine cents f