Lineup of guests coming. Federal reserve vice chairman will join us exclusively in a few minutes for his first interview since last weeks fed meeting. Well also pespeak with the ceoo human there is a and a massive afternoon of earnings headlined by disney, ea, beyond meat and activision and well peek with actvisions ceo ahead of his Earnings Calls after the numbers come out as i said, were at 1. 9 with 59 minutes left lets moex fowlkes on the big stories. Meg has new developments on the treatment and vaccine front but mike, lets kick things off with you in the markets yeah, another day of fairly orderly levation in the indexes. Today its a broader rally even though its been led by the big tech stocks. A chart of the s p going 50 0 going back a year, were back up to the upper end of this crash levels last september, october, sort of going back to early 2018, an area where we gave a little friction to the rallies, but clearly, a market is acting as if big investors feel u underexposed to
The charge and treasury yields surge as markets are at record all time closing high territory for the major averages joining us for the hour, stephanie link good afternoon to you. Today is what trade headlines that push us higher but with that rise in yields is improving sentiment. Three thing its trade and obviously the roll backs on tariffs. Potentially. Well have to see how that works out. Earnings earnings are better. 2 better than expected. Not great. Flattish overall but next year even though numbers have come down still looking at 10 Earnings Growth. Maybe the story is Third Quarter, Fourth Quarter is trough in earnings and most important to me what is driving the risk on trade is Global Growth stability if you look at german factory orders, you look at german pmi services yesterday, you look at italys pmis, they are not great but stabilizing. Thats causing yields to rise and with it the cyclicals sector big final hour here thanks for being with us lets drill down on the other b
Letter to you on august 15 signed by 29 other members listing out specific questions regarding the spell. When can we expect an answer . You have yet to respond. I will im sorry, when did you say you sent that . August 15. Okay, i will double check and well get you a tentative date no, that will be great. Mr. Westerman, mr. Pearce, youre saying youre going to get back to people, thats the frustration of the committee. We hear well get back to you. Sir, i havent seen it and i dont want to give you a date that i have to explain away. Well, terrific if you can get back to us on that we would appreciate it. In regards to transparency you said that epa was examining different sites that could suffer an epa meltdown as we saw at the gold keaton mine. Youd identified ten different mines now but that did not come forward until such time as there was an a. P. Report. How is that feeding in with transparnsy . Im sorry, i dont exactly know the context in which youre referring. The context of the
Nbc 10 news. This afternoon, wilmingtons mayor is offering his thoughts. He tells nbc 10, i give my condolences to both the family and loved ones of Thomas Cottingham and pray they find solace and sprentrength in know he was a hero. Were following a breaking traffic situation this afternoon along the schuylkill expressway. A deadly crash has the westbound lanes crawling right now. The crash is at the exit for route 1. Sky force 10 was over the scene just about an hour ago. We have learned a woman has been killed in this crash and the route 1 exit along 76 west is still shut down, and that has led to a major backup on 76. Right now at 5 00, a gas leak ignites and leaves a south jersey building in ruins. Witnesses captured the flames on their smartphones and sent the images to nbc 10. Sky force 10 also getting a look at the damage from above. Nbc 10 south jersey reporter live at the scene. Somehow no one was hurt in all of this. Do investigators know how this gas leak started . Reporter
Senior year, theres a worry he didnt expect. The budget impasse is a real problem. Reporter the budget impasse is holding up a program that provides scholarships like hers. So it has meant that she has been able to come here. Means that shes here period, stays here. Without that she doesnt stay. Reporter through the program, companies can earmark money theyd otherwise pay in taxes, but the end of the year deadline is looming. Weve been worried. Obviously now at this hour this late in the year its a dire situation, so were more worried now. Reporter it represents 20 million in the archdiocese of philadelphia. Offering partial and full scholarships to students from elementary to high school. At john w. Halihan, 75 of students qualify. What would that mean to students who are here now, would there be some students who might not be able to come here next year . Thats a very real possibility. Reporter for john torres, hed rather be worrying about College Applications instead of this. That p