The stunning things millennial would rather spend money on . And whats driving them to brink of a quarter life crisis . Its monday, september 9th. Fbn a. M. Starts right now monday, monday. So good to me. Monday morning, it was all i hoped it would be. Oh, monday morning lauren welcome to fbn a. M. Good morning, monday morning, im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren welcome back. We have relatively muted start to the trading session in the u. S. , dow up 44, s p up 5, nasdaq gaining 14. Cheryl as investors await central bank decisions, the yield on the 10 year is higher by 4 basis points, youre seeing strength in the bond market. Lauren wti is trading to the upside. Oil extending gains ahead of an opec meeting and saudi arabia ousting the energy minister. We have 57 for wti and gold at 1516 an ounce. Cheryl stocks in asia rising modestly after china announced the plan to he throw more cash into system. When the reserve limits are actually lifted. You can see
Position and as you know, without a fallback language or some appropriately established safe harbor, until a new reference rate can be used significant legal problems and challenges are likely to occur. So with this in mind, as libras scheduled end nears and so far and so far is a secured overnight Financing Rate apparently will take its place, tell us, chairman, what can we do what can be done to accommodate the numerous contacts that do not have fallback provisions . Thank you, mr. Scott. You said it very well. This is a i think there are 300 trillionplus in contracts referencing libor in five different currencies the manipulation was revealed really almost a decade ago, and i think the financial conduct authority, which supervisors the libor banks has said its an important day as the fed chair testifies in front of the House Financial Services committee. Im Carl Quintanilla with deer ra bow is a here got some record highs here the chair has discussed several things, facebook, libra,
Through the roof. Liz dont ask when you see me, tough, thank you very much. Around 10 30 a. M. It had 70,000, it would pass a new record to a higher one. 70,000 one hundred 75 after you see it retreated, stand at 69,000 but pretty fascinating as we see that. We are looking at a cliffhanger in the markets as we kick off the final hour of trade. The Dow Jones Industrials looks to be down a fraction, 0. 4 for the week. It is gaining 108 points. The s p down points, they eke out a weekly win. If it does, that would be the 17th of 19 weeks that it has won. If it does that, the best streak since april 1964, we have the s p down 0. 1 , for the week, up 0. 2 . Weve got to stay tuned it to see if we get that 17 of 19. Utilities and materials, not technology but the drivers remain staggeringly narrow. Nvidia, meta, amazon and microsoft drove have to gains last month. Nvidia hit a fresh record today, 970. That was 10 thirty eastern time. Look at the price, it has retreated, 888, down 0. 4 at the
Their traditions, the Ramaytush Ohlone have never ceded, lost nor forgotten their responsibility as the caretakers of this place, as well as for all peoples who reside in their traditional territory. As guests, we recognize that we benefit from living and working on their traditional homeland. We wish to pay our respects by acknowledging the ancestors, elders, and relatives of the ramaytush community and by affirming their sovereign rights as first peoples. Thank you very much. Item number two, please. Item number two is the opportunity for Public Comment on any matters within the boards jurisdiction that are not on the agenda. Comments specific. To the item on the agenda may be heard when that item is considered. Members of the public may address the board and will be limited to three minutes of speaking time per person and a total of 20 cumulative minutes for this item. We will now take inperson Public Comment members of the public who wish to provide inperson Public Comment on this
breaking news, congress votes to formally launch an impeachment inquiry into president biden. there is a lot to get to. i am here. norah: the dramatic speech from president biden s son. what hunter biden says he will only testify in his dads impeachment inquiry if it is in public. republicans say they are pursuing the truth. democrats accuse them of pursuing your ugly politics. norah: two people under arrest after a scary afternoon at an elementary school. students eating gummy bears contaminated with fentanyl. and our series about the pandemic s lingering effects on america s children. tonight, protecting the mental health of teens. i do think that we should have instructions on phones in the school setting. norah: good evening, and thank you for being with us on this wednesday night. we begin tonight with breaking news right here in washington on capitol hill. where just a short time ago, republicans in the house voting to begin a formal p impeachment in