Service sector, employment rose slightly and it was slowed by worker shortages, Household Spending was solid. Agricultural conditions across the country deteriorated some of the detail we were talking about in terms of around the country. Boston said signs of slowing were more widespread than they had been in the past chicago said manufacturing declined with a slight increase in growth overall. Kansas city had a slight expansion. New york reported a subdued pace of growth. And dallas a moderate expansion. Tariff guys were mentioned 24 times versus 24. Its been elevated as you know, for the past 1e6r8 months. Steve, thank you, sir steve liesman. Markets digesting the beige book lets go to bob pisani basically flat response here, with the s p down 8 bank stocks still slightly to the down side. The key is to watch the Global Growth commentary. Remember what happened yesterday . The imf lowered its outlook for Global Growth to 3 from 3. 2 back in july this is the lowest growth weve seen si
Point. Hang seng was up more and in europe theres active trading taking place with the early hours and youll also see that there are, well, its a bit of a mixed picture. Stocks are slightly weaker across the rest of the continent there. In the treasury yields here in the United States, thats what we continue to watch closely theres questions about what the fed does next and right now the ten year picked up a little bit of steam its 2. 073 . The ten year at 1. 584 so about 1. 5 and then the two year, look at that 1. 558 so no inversion at this point and you are seeing a little bit of gains in the yields. Thats a pretty big move. A quick move back. Right were not following it that closely. And the 30 year is well above 2 i think just psychologically its always like this but we give it to up days not just us but the collective we theres a point we were down 250 but we only ended up down 250. Right. But we did 372 yesterday but its very its the biggest two days of gains you have seen for s
Yet thats exactly what just happened with the dow slipping just 143 points. The nasdaq backsliding a meager 0. 28 . Even though the price of crude spiked more than 10 gigantic, gigantic gain. How the heck is that even possible how could we have so many stocks that rallied on the news simple were a changed country. We have so much oil in this country and we have a lot of stocks that now do better with Higher Oil Prices and as well we have a lot of stocks that thrive if higher oil causes the economy to slow. The United States of today looks a lot different from the United States of even ten years ago first lets understand it looks like iran launched drone strikes that wiped out a huge chunk of saudi arabias Oil Infrastructure and theyre the biggest exporter in the world. That sent the price soaring, the biggest gain in 11 years and that translates into higher gasoline which means consumers have less money to spend on going out to shop. So we have it making per secretary sense. Theyve had
Oh say can you see by the dawns early light what so proudly we hailed at the twilights last gleaming whose broad stripes an bright stars through the Perilous Fight O Er The Ramparts we watched were so gallantly streaming and the rockets red glare the bomb bursting in air gave proof through the night that our flag was still there oh say does that starspangled banner yet Wave O Er The Land of the free and the Home Of The Brave [cheering and applause] wow. Will so incredible thank you so much mary. Amazing. Rachel thank you. Mary millben on national, National Anthem day incredible performance by someone who has performed four consecutive president s. Rachel sometimes people sing and which was such ease a difficult song. And with such beauty that you just are reminded of god because that talent can only come from god i see her. I listen to her voice, and i think god why didnt you give me that [laughter] pete that last note and hit it and hold it to do it with that kind of power and boldnes
Rachel wow. [ applause ] love it. Love it. Its you amazing. That was ann wilson performing as our faith and friends Concert Series continues. Dont go anywhere. She has a full performance coming up at 9 50 a. M. Eastern time. We get a front row seat. Rachel we cannot wait for that. Very well done. We start with a look at the race for the oval office, a brandnew fox news poll sheds light on how voters feel about the remaining president ial can dates. Youre hearing them for the first time. Emadeleine rivera joins us with he detail. There is a lot of tough data for the president. It shows former President Trump with a slight edge over President Biden. Trump leads biden 4947 in a hypothetical general election matchup, that 2 point advantages is within the margin of error. That gap becomes wider in a potential contest between the president and nikki haley with the former South Carolina governor leading biden by 8 points. Hally doesnt do as well in a possible five way race. In this scenario s