Lets check where we stand on this wild markets day stocks taking a dive in just the past few minutes, now down 130 points all the major indexes reversing at the tenyear yield hits its lows of the day. And that is a sign of worrisome growth ahead lets go to bob pisani hi, bob. Hello, tyler. Again, markets roughly tracking bond yields. Take a look at a chart weve shown a lot recently the intraday of the tenyear versus the stock market here we saw a program come through as yields dip below 1. 5 here weve been trading practically in lock step with those yields today. See the market here with the tenyear yield on the top there in the s p on the bottom this is an intraday. And pretty much moving in lock step i want to note two weak sectors today. Retailers are continuing to get slammed today. Macys gap, l brand, all down another 4 these all of them are down about 20 this month i want to highlight transports common theme here. Logistics and trucking like jb hunt and rooyder ryder, all wear to
And borrowing from the bank of mum and dad. Parents are now spending so much money getting their children onto the housing ladder that it could hurt their retirement. Well be discussing this with a generous mum. Hello, welcome to the programme. Were live until 11 this morning. Also, tens of thousands of british citizens born in the us but who left when they were children, just like our pm borisjohnson, could have their uk Bank Accounts frozen due to us tax policy. Were going to be talking to a british man who left the us when he was 15 months old. But now, over a0 years later, hes had his bank account frozen. Do get in touch on all the stories were talking about use the hashtag victoria live. If youre emailing and are happy for us to contact you and maybe want to take part in the Programme Please include your phone number in your message. If you text, youll be charged at the Standard Network rate. First, annita has the news. Jeremy corbyn will meet other Opposition Party leaders this m
Into big tech. Lets get the detais with ylan moye. We have confirmed that the department of justice is announcing a broad antitrust review of big tech likely to include amazon, facebook, google and apple. In a statement, it was set that without the discipline of meaningful marketplace competition, digital platforms may act in ways not responsive to consumer demands. He went to say that the departments antitrust probe will explore these important issues the focus of the new inquiry will be whether companies reduced competition, siefld innovati stifled innovation or harmed consumers. The companies were forced to testify on capitol hill to defend themselves against allegations that they are monopolies just this afternoon the congressman leading the effort, david cicilline, criticized the answers as evasive, incomplete or misleading. Now the Justice Department is launching its own review it is not officially an investigation of any Single Company but it could lead to that back to you. Ylan
The fbi is now releasing personal property of the victims. Specifically on the parkside of the gilroy garlic festival. For vendors, its a little different. Vendors will be contacted directly by the Garlic Festival Association so they can obtain their items. Those items left the festival site are now here at rucker elementary about five miles from where the shooting took place. The fbi has cataloged and tagged each item so you need to describe what you lost and fill out a short form. This center has been opened all week run by the das office. Staff have been providing counseling, Daycare Services and helping to process applications for financial compensation. The center will remain open through the weekend. Thus far weve served approximately 250 of the victims and that weve served in person and over the phone. In charge of the fbi San Francisco Field Division. This is a live News Conference in gilroy, an update from the police department. Lets listen live. For some of the Media Outlets
I will tell you that in a few minutes, we are going to be pushing out some information electronically and that information will have some information about the officers that were involved in this incident. The spelling of the officers names will be on that document that i have passed around. I asked that you do not ask speakers repetitively to spell their names. That will be provided through the news organizations as this press conference is in progress. If you need clarification on that, please csn we will provide you with that. At about 4 10. For this afternoon, i will tell you this will be the order of speakers. We will begin with our police chief, scot smithee. His first name is spelled scot smithee, followed by john bennett, and limited interviews following the press conference for some of the Media Outlets the chief has arranged to speak with. Give me a moment and we will bring our speakers out. Accompanying them today will be the fire chief, jeff klatt, the city of gilroys mayor