Before the open this morning along with twitter overnight in asia, you will see what was happening there the nikkei ended down by almost half a percentage point. Hang seng was down by 0. 7 shanghai in china, you did see stocks higher. Up by a quarter percentage point. In europe, the three major averages had all been in the green. The dax up by 0. 3 the cac up by 0. 4 the ftse up by more than that. Italy and spain stocks there weaker spain down by 0. 7 in the treasury market, again with the gdp number coming up later this morning at 8 30 the tenyear yielding 2. 069 everything that happened with the ecb yesterday what that means for the fed, well talk about all that coming up in a bit. On the squawk planner, we have first look at gdp in the Second Quarter thats on tap. Forecasters expecting an increase of 1. 8 after a surge of 3. 1 in the First Quarter on the calendar we will hear from twitter, mcdonalds before the opening bell next week it gets crazy. It is the busiest week of earnings
Points you were talking about down about 1. 8 for the dow and s p, down 2 for the nasdaq s p indicated up by 7 points this morning nasdaq indicated up by 30 points overnight in asia, some weakness in stocks there, too probably started by what happened here. The nikkei actually ended flat the hang seng was off by three quarters of a percent. The shanghai was down 0. 8 in europe, where there is active trading taking place at this hour, you will see there are green arrows across the board. The biggest gainer of the three major averages is the cac up three quarters of a spent. More modest advances for the ftse and the dax treasury yields will be watched closely. Treasury yields went into a free fall on the feds report yesterday or the idea that it would be one and done. You can see the tenyear barely held on to a yield of 2 that was the weakest level in three weeks. This morning trading back to 2. 04 . There were two key words that sparked a strong reaction from the markets and President T
Ramos shot the 26yearold rookie officer who was responding to a domestic disturbance wednesday night. Shes the first Sacramento Police officer to be killed in the line of duty in 20 years. First responders line freeway over passes as the procession made its way the the kor nors office to funeral home. Honor guard slowly carried her casket out of the hearse walking past saluting officers and into the funeral home in elk grove. Wiet a quite a dramatic scene. She colleged from College Park High school. Were tracking new turns in the confrontation between the president of the Toronto Raptors and a local deputy. Last night the Sheriffs Department says theres clear video that shows the raptor president punching the deputy in the jaw. Today the Sheriffs Department once again denied all requests to view that video. Weve reported the deputy is now getting death threats. This is our exclusive video from last week after the game showing the chaotic aftermath. You can see the Team President wearin
Young people involved a pass. We have looked you dont come to get free game boys and bring smoke bombs. And bring in 80s and bring other disruptive items. We believe there was some outside influencers that may have had attempted to aggravate the situation. Dana eerily similar to the looting of a gas station in chicago by a group of teens but the citys mayor also seems willing to make excuses. I talk about mob actions i didnt say that. These large gatherings hold on a second. I promise you we have time to talk. Its important that we speak of these dynamics in an appropriate way, that is not to obfuscate what is taking place. To refer to children as baby al capone is not appropriate to. Dana is crime rate just out of control people take matters into their own hands. Police say they are investigating a wild incident involving two 7eleven employees that thwarted a robbery and one of whom beat the thief with a stick and you saw that story on fox. Blaming outside agitators when thousands of
Other throwing smoke bombs and fireworks. Mayor eric adams taking some heat after appearing to give the young people involved a pass. We have looked you dont come to get free game boys and bring smoke bombs. And bring in 80s and bring other disruptive items. We believe there was some outside influencers that may have had attempted to aggravate the situation. Dana eerily similar to the looting of a gas station in chicago by a group of teens but the citys mayor also seems willing to make excuses. I talk about mob actions i didnt say that. These large gatherings hold on a second. I promise you we have time to talk. Its important that we speak of these dynamics in an appropriate way, that is not to obfuscate what is taking place. To refer to children as baby al capone is not appropriate to. Dana is crime rate just out of control people take matters into their own hands. Police say they are investigating a wild incident involving two 7eleven employees that thwarted a robbery and one of whom