Wall street was being red on tuesday, bank stocks leading the way. Shares in Goldman Sachs fell 2 . The catalyst was moodys downgrading the Credit Rating on several small and me us banks, including mmt and pinnacle financial. The red flag is raised by the Ratings Agency including a potential recession as well as problem so to the commercial real estate set up. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed that for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft was reported results after the us market close, ebbo s small arrival is forecasting higher revenue in the Third Quarter based in part on a post pandemic rebound in road sharing. Rivi and posted a narrower loss than expected and raised its Production Guidance for the full year.
2 , the catalyst was moodys downgrading the Credit Rating on several small and medium sized us banks, Including Mmt and pinnacle financial. The red flags raised the Ratings Agency included a potential recession, as well as problem side to the commercial real estate sector. As one analyst put it, any doubts about regional banking is bad for market sentiment. That wasnt helped by data from new york federal reserve, which showed for the first time americans owed more than 1 trillion on their credit cards. Traders have also been focused on corporate results, which so far have been better than expected. That was true for lyft, which reported results after the us market close, ebbo s small arrival is focusing higher revenue in the Third Quarter based in part by a Postman Damik rebound in ray jones. Meanwhile, an electric vehicle maker posted a narrower loss than expected and raised its Production Guidance for the full year. Elsewhere on wall street this morning, nine companies, including ban
of a large number of explosions. air raid sirens have sounded across the country. video footage on circulating on social media which have not been verified by the bbc show air defence systems shooting down missiles. government messages have warned people to keep away from windows as debris from intercepted missiles is falling from the sky. the mayor of kyiv, vitali klitschko, says some of the debris has fallen on the city s zoo. that comes as on monday, ukrainian president volodymyr zelensky made made a surprise visit to the united kingdom to secure fresh promises of military aid to fight russia s invasion. uk prime minister rishi sunak welcomed the ukrainian leader at chequers, the prime minister s country house. they held bilateral talks lasting around two hours. president zelensky said they discussed western nations providing kyiv with fighter jets, with the aim of creating what he called a jets coalition . prime minister sunak promised to send hundreds of air defence mis
president biden will address the irish parliament in dublin this afternoon, as he continues his visit to the island of ireland. today, he s expected to affirm the strong ties between the republic of ireland and the united states. let s take you live to dublin where presdeint biden is due to depart for the the official residence of president higgins, his irish counterpart. he will be departing shortly to address the irish parliament, only the fourth us president to do so. our correspondent, charlotte gallagher, is in dublin. charlotte 7 charlotte? it is a real day of diplomacy and business forjoe biden. yesterday afternoon, which was more about his personal ties, he was more about his personal ties, he was in the towns of carlingford and the local pub, chatting to people who lived there, taking selfies, making a speech. at times it really looked like he was on holiday, to be honest. he said at one point, i don t know why my ancestors left here, it is such a great place to be.
bringing gales and heavy rain. as the rain moves through, temperatures will drop, so it will feel chilly despite there being some sunshine as the rain band moves eastwards. you can see this complicated weather story. low pressure to the north. the heaviest rain is across southern scotland, northern western england and wales. lots of heavy showers behind that rain across scotland and northern ireland. but in the south east, we are still mild, cloudy and dry at the moment, but that rain will push its way eastwards as the afternoon wears on. there could be heavy bursts for a while. it stays blustery for all areas, gusts in excess of a0 mph in the windiest spots. but the windiest weather will be associated with that weatherfront across the south east. plenty of showers, some of them thundery, for western scotland. temperatures will be lower in the afternoon than what we have had in the last couple of days. it stays blustery this evening and overnight, further showers rattling int