Of the house and senate. On the right, youve got live picture of the house floor, where one hour ago, members rejected the shortterm funding bill, 232 to 198. That bill would have kept the government running through october 31st, but the Freedom Caucus, a band of breakaway conservative republicans led by matt gaetz of florida insisted they would block it. On the senate floor you see Chuck Schumer of new york. A couple things happening, talking the state of new york which declared a state of emergency due to extreme flooding. There are a whole bunch of issues that are very lifethreatening. Hes talking about that and the Senate Bipartisan bill that they would love to see the house tackle. It is not going to happen. As the government careens toward a shut down, the picture of the Dow Jones Industrials, the blue chips have seen again of 227 points but as soon as the failure of the vote on the house floor came through, a big drop, went to the lows of the session. The s p at the moment the s
3 here. Itsad been on pace for worst today drop. Because of reports coming out with iran potentially open to freezing output, we are seeing a spike here and the effect with being the energy biggest percentage gainers on the s p 500 energy group. Lets also look at what is happening with earnings now. Best but best buy coming in sales. It is the best performer as a percentage basis on the s p up almost 19 . It is a story of earnings as well but with nordson, it is saying fourthquarter earnings the. Not seeing its highest since 1984. An ongoing story all day especially with what has been happening with the u. S. July home sales much better than expected. Now up by 7. 7 . What is happening with the u. S. Twoyear. It is a little bit flat today. Abouto date, it is down 30 basis points. Definitely falling over the course of a year. Lets also take a look at the bloomberg dollar index and see that it is a similar story where the bloomberg dollar is also falling and heading for its first annual
Their hoepspes on a turn around strategy. Propping up the smi after Quarterly Sales beating forecast. Theres no stopping the rally in asia. The nikkei set to close at 20,000 for the first time in 15 years. Of course a top story today that we have. Good morning, everybody. British authorities arrested a 36yearold man for contributing to the 2010 wall street flash crash. He earned 40 million from market manipulation between 2010 and 2014. Theyre seeking his extra extradiction. Hes expected to appear in court in the next hour. Wilfred is joining us outside of court. Lets just update you on what we know. He is from near heathrow from the west of london. He was arrested yesterday. He was arrested based on charges filed by the department of justice in the u. S. Calling an investigation from the cftc. Commodities and futures trading commission. Those were filed in february and they have been published because he was taken into custody. One count of wire fraud, ten counts of commodities fraud
Freeze deportations. If you thought democrats were moving to the middle, all doubt removed today. Just as the republicans signaled an even harder right turn that all but tipped where theyre going today, pushing for quick votes on keystone and repeal of obamacare. Chad says spell out how both sides are having it out. Theyre just getting started. Just getting started. And one thing here on health care, which is very interesting, in the past couple of minutes here, ive got won press releases, one from the Republican National commit year, one from the club for growth, and they used a new term on me here, a reference to Jonathan Gruber, and this is this issue about the what was known about the Health Care Bill, what was said about the Health Care Bill and whether or not the democrats were trying to cover this up. Theyre championing this this will be an issue in the next congress. House speaker john binner and minority leader, soon to be majority leader in the senate, senator much mcconnell,
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