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Theyre all moving lower put on the positive side, a report that china will accelerate agriculture purchases from the u. S. Which could deescalate some trade tensions and were set for a particularly volatile final hour of trade this is the s p 500s first major options and futures rebalancing day of the year. We have 59 minutes left. Were down just over. 5 sara coming up on todays show, pressure mounting on apple over the treatment of App Developers weeshgs going to speak with Roger Mcnamee ahead of the Developers Conference plus, david kenny holds not only the companys ceo title but also the chief diversity officer. Hell discuss neilsens recognition of juneteenth and how they can push for more diversity in the workforce and can figure out a way to measure it as well lets get straight to the market another volatile session to close out the week on wall street one that is headed for another upweek mike santoli is tracking the down action weve seen this afternoon. Yeah. A little fatigue th
New-yorkUnited-statesOklahomaArizonaAlabamaNew-jerseyNorth-carolinaSouth-carolinaTexasChinaFloridaCaliforniaPut in pla help prop up the economy during the great recession. Its plan is to begin rolling off its 4. 5 trillion damage sheet, which consists mostly of treasuries and mortgagebacked securities. Officials also hint one more Interest Rate rise this year is likely. As a result, bond yields rose and stocks why volatile. The Dow Jones Industrial average advanced 22 points to an alltime high. The nasdaq was off five. S p 500 rose one, also a record. Hampton pearson has more on the new era the fed will begin ushering in. Reporter as expected, janet yellen and her fellow monetary policymakers left Interest Rates unchanged and announced the beginning of a plan to start trimming the more than 4 trillion worth of bonds and mortgagebacked securities purchased by the feds to combat the financial crisis and the recession. Our Balance Sheet will decline gradually and predictab for october through december, the decline in our Securities Holdings will be capped at 6 billion per month for treasuries a
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