Closed lower for the first time in 2018. Some are attributing the decline to good Old Fashioned profit taking. Others pointed to nervousness that higher inflation could force the fed to be more aggressive when it comes to hiking Interest Rates. The result was a drop in stocks. The dow fell 16 points. The nasdaq was off ten. And the s p was down three. Investors are paying more attention to the bond market these days. Yields have been rising. That could usher in big changes for stocks and the economy. Steve. Reporter Interest Rates are rising, presentin a challenge to Economic Growth and to the stock market. But some look at the recent rise and ask, what took so long . The fed hiked Interest Rates three times last year. Budged. Tenyear bond yield if fell through much of 2017. It comes amid a report that china is rethinking how much it buys. It comes amid better growth, rising expectations, and a coming boost to the deficit bill, the tax cut bill. Yields are low. They should be higher. T
Denise. The feds also found videocameras wirelessly set up allegedly to let the suspect monitor aaron inside his home to be sure he was following their instructions after denise was thrown in a trunk. While most in vallejo city ranks werent breaking the thin blue line, councilmember a 30 year vet of police work offered up this to denise and aaron. Of course i would want to say im sorry that they have had to go through this. Its difficult for the attorneys for their clients as it would be for anybody that would be involved in this kind of an incidents. And as victims, i think our city should have been a bit more sensitive in the way we dealt with them. Reporter a retired fbi agent says there may be another reason for the wall of silence in the city of vallejo and that i be an impending lawsuit or the possibility of a civil grand jury and the citys Police Department getting called in front of it to explain how they handled denise and aaron. In vallejo, andria borba, kpix 5. Well, it turn
The coming days. Before i get started id like to extend a thank you to our partners in making this event possible. [applause] good afternoon. Business roundtable is pleased to partner with politico for this event and introduced chairman kevin brady. Mr. Chairman, it has to be said, after decades of false starts and expectations, what an amazing accomplishment this week. Im speaking, of course, about the Houston Astros winning the world series. [laughter] on top of that youve crafted a pretty damn good tax reform plan. It provides relief for families, workers and businesses. We applaud your comprehensive approach. From the business employer, we have long believed successful tax reform must allow u. S. Companies to compete and succeed in the global economy, increasing investment in hiring in the united states. When the Business Roundtable surveyed our members who employ over 16 million people, willie surveyed them about how they would changed their plans , 82 of the ceos said they would
It, investors want to see an evidence of an improving economy in order to rely less on government policies. Today the Dow Jones Industrial average was off 13 points to 20,650. The nasdaq dropped 17 and the s p 500 lost 3. And another key events over the next few days and weeks could determine direction of stocks. Dominic chu explains. One quarter down, three more to go in 2017. And one of the biggest questions for investors now is whether the market rally since the election can keep going. While there is a general optimism on wall street, maern experts feel as though there are reasons to be at least a little bit cautious in the coming weeks and months. To the extent with edid not have some sort of Corporate Tax reform, that would certainly be a difficulty of the markets. Anything on the political situation, with the elections, whether its upcoming in france or germany later in the year, that could be an issue. And finally, id say the markets, s p at 20 times earnings, thats the kind of
Coming to an end, partial deal with abu dhabi could be announced later. Rishaad reaching for the stars preciousraces on for resources in space. Lets get to the here and now. Its all about that French Election. Having a look at the reaction to this, 10year treasury yields screaming higher, 2. 3 , the euro moving above a 200 Day Moving Average against the yen. Asdo have more clarity perhaps not a populist leader coming through in france. That could allow mario draghi to do something with his tapering program. ,urther momentum for the euro bullish gaps from a technical standpoint that need to be filled at some stage. Also looking better when it comes to the boj as they head into their policy meeting alongside the ecb this week, governor kuroda getting rest fight respite with pressure , driving asian equities higher in terms of price action in japan. A sigh of relief for the markets that we have this progrowth, proglobalist options going into the election in france. The pboc governor has s