Might need to do more. European equities search for direction as investors await a key wto ruling that could see u. S. Slap europe with tariffs on 11 billion dollars worth of good. The Chinese Government warns of decoupling following u. S. Is blocking chinese access to american markets british Prime Minister Boris Johnson once again refusing to rule out leaving the eu without a deal this, as the Health Secretary, matt hancock says he prefers an agreement, the threat of a no deal is looming. There are lots of different ways you could end up leaving without a deal, but as i say my preference is we leave with a deal and thats what were working towards. Well, good morning and welcome to street signs. We have a very busy show coming up ahead first, to european markets because the price action is decidedly cautious today this after a better end to the week on friday, but of course those reports came out later in the session in the u. S the u. S. Are considering some investment restrictions p
Great attendance with the wonderful diversity in her field. But today we come to one of our two major events of the year, our summer signature program. And i need to think to friends who sponsor and made todays great event worthwhile. First of all my friends and forum. In forum is a research and consulting progra firm that hasn open for 52 years and very much embodies the great tradition of innovated Economic Research at the university of maryland. Secondly our friends at the National Association of realtors, since 1908, they have been the voice of the Real Estate Community of washington and provided valuable Economic Data and research and the critical sector of the economy. With that in mind, with those organizations supporting us and with the large and distinguished audience behind us, we have come to a moment and i have to tell you, i cannot imagine a better marriage of a moment and a speaker then what we have today. Jim is really a man who embodies best the bark field. One of the j
Good wednesday morning, welcome to squawk alley. Im carl kinquintanilla, with Morgan Brennan the dow down 538 and the other big story is the inversion of the yield curve which has preceded every u. S. Recession for the past half century. Were going to watch that carefully along with the vix above 21 dom chu is looking at some various factors about the curve and how it might affect assets all around the whorld. It was just around 6 00 a. M. Eastern time that we did see that inversion, the difference between the two and the tenyear looking like its moving higher. You can see the tenyear note yield curvely 1. 584 , no longer inverted however, it has widened out just a little bit two basis points separates these two particular yields. Thats going to be a big deal. Like you said, it has been a possible reliable recession indicator, and one of the ways youre seeing it here is how long its been since weve seen the last move in that particular yield curve. You have to go all the way back to 20
Flooding winds and a dangerous storm surge. Were all over it. How about this . A alltime high for the Dow Jones Industrial average. Were above 27,000 for the First Time Ever. The market performing so well, thanks to some might say to an underperforming economy that has the Federal Reserve set to cut Interest Rates. Gerri willis starts it off for us at the new york Stock Exchange. Hey, gerri. Connell, thats right. Were up 200 points. 61 points over 27,000 level. Therefore i can wear my hat. One is outshining the others. United healthcare is up 5 after the president decided to kill a proposal that would have overhauled rebates collected by the middlemen between insurance plans and drug companies. Unh owns optum rx. That is the biggest of these middlemen. Dow jones reported that unitedhealthcare was responsible for 200 points of the dows move. Also contributing to gains today, Goldman Sachs and boeing each up. You can see here nearly 2 . The move to 27,000 took 372 trading days. That is t
The combined exercise of the Maritime Security belt of iran, russia and china with the achievement of predetermined goals. Participating cruisers paraded in front of jamaran destroyer at the end of the exercise. Intensification of the zionists attacks on the gaza strip with tamrak. 9 palestinians martyred in the bombing of one of these aid Distribution Centers in the nusirat camp, one zionist was killed in an antizionist operation in the south of the occupied territories , and two zionists were injured. I will definitely implement it. Breaking the monopoly of knowledgebased technologists in the production of colors with the ability to penetrate into the heart of the stone, an achievement to prevent raw sales. Material, new technology, in fact, the added value that it adds to the stone, from 100 to 600 of the added value of the serot production. Will be. And we will check the news in a special conversation. Operation of 530 mehr Housing Units in the new city of pardis another step of th