The fda giving the green light to one of its power drugs. Power lunch begins right now welcome to power lunch. Take a look at this record rally. All three major indices hitting new highs. The s p and nasdaq also higher and she can out the semiconductor. The smh tracked the group up more than a percent. Well have more on that, later thank you very much. Two trade deals in one week. It was supposed to quite all those trade concerns but some are now questioning the feasibility of the deal with china and now mexico has objected to some of the terms of the new usmca. We are joined from washington. Mexico said its a deal breaker that the white house and democrats agreed to put monitors on the ground. The u. S. Trade representative in a recently released statement saying the five attaches will be no different than those already representing other agencies there saying these personnel will not be labor inspectors and will abide by all relevant mexican laws and those issues will be conducted by
Lets take a look at live doppler 7. You can see the cloud cover over top of us not precipitating that at all but keeping the fog from forming and then a little bit of a break, some sunshine, a little sliver there. You see that sandwiched between the next deck of clouds and that will move in later on this afternoon and evening to bring us a chance of light showers. Check out the bay bridge. We can see it easily, it is crystal clear. 55 across the board, mainly cloudy at noon. You may need the sunglasses. A few renegade showers in the north by. Spreading south just in time for the end of the evening commute. Hi, jobina. Good morning, everyone. The commute is looking good so far. Ite over the cering k at our map here, all this green, the roads are smooth and were not dealing with foggy conditions. A clear ride this morning as cars move just fine this morning. Emeryville, the same story. This is 80. Lots of headlights moving into the maze with no problems there as well. Lets check in on ou
Springs train just leaving the bay fare station. The fight continued through our hayward station. At which point a knife was introduced into the fight between the two males. As the train approached south hayward, the Hayward Police partners responded to the call along with the Bart Police Department and we were on the platform, walked onto the train and determined that there was a victim on a train that was bleeding and was possibly the victim of a stabbing. Our partners in the Hayward Police department and our officers had a good description of the suspect. They conducted an area search and they were able to stop a suspect matching the description about one block from here on tennyson. Our victim unfortunately deceased as a result of the incident. This is something that is very tragic and rare on bart. Not something we get a lot of. I do want to ensure our ridership that part is safe and we are continuing all to reassure them providing the presence in our system so they can ride safel
We are down 0. 3 on the s p. Back down to 1. 90 on the 10 year. We got up past 1. 95 a little earlier. Disney one of the Better Stories today after earnings, up 4 . Gap up on the ceo leaving gap down on the ceo leaving more than 7 . Guy the president has just been indicating that he hasnt agreed to tariff rollbacks with china. This was always the risk with this rally. Absolutely it was built on a single man risk. If the president didnt agree, you were going to get this kind of reaction. The market is down by 0. 4 . In some ways, this reaction is relatively muted considering this is a key demand from china, that we do see some degree of tariff rollback. The fact that we are only down 0. 3 on what is a relatively big piece of news i think is worth paying attention to. The market may be signaling it Still Believes that a deal can get done, but we have rolled over this news. The president saying he hasnt agreed to tariff rollbacks with china. In terms of the way we are seeing that rippling
Good morning i am Carl Quintanilla with Morgan Brennan and jon fortt at post nine of the New Yorkstock Exchange were starting with disney in focus as shares surge post earnings Julia Boorstin sat down with bob iger after the call, joins us with more of that important conversation hey, julia reporter well, carl, while disney parks and movie Studio Division continue to outperform, the real focus this quarter is disneys Digital Future with disney plus, the streaming Service Launching tuesday. Without revealing any early subscription numbers for disney plus, bob iger told me he does expect the service to get off to a strong start. It is ready to go i am glad to say we tested it in the netherlands, well talk about that on the call, it was successful. It did not have original content but was well received, not just in terms of number of subscribers but the user reaction to it, very, very and a half navigable, great access to our brands and story telling. He announced new distribution, a deal