Of a point, call that flat. The gains in the techheavy nasdaq are way more interesting in this final hour because they come about an hour and a half after the department of justice hoisted a sword of damocles over the social media sector. The doj has proposed new legislation that would make Silicon Valley giants from twitter to facebook to google liable for content thats posted online that violates federal law. Our floor show traders are here to tell us if doj danger is now the cue for you to take your tech profits and run. The Housing Market in full bloom as States Reopen and wouldbe homeowners resume their quest to fulfill part of the american dream. The ceo of mortgage Lending Software giant reveals what hes seeing in the Mortgage Market as rates remain at historic lows. Time to refi . Well ask. General motors flips the script from making cars to transmissions to medical supplies needed to fight the coronavirus pandemic. How about that. Well, the chief engineer running gms productio
And the mystery of sydneys last piece of the berlin wall abandoned in a warehouse for decades this piece of history is an old public display. Was. The air. Im going to humphrey glad you could join me a victory for the head of germanys governing conservatives anika it come catabolic laid down the gauntlet at her Party Conference yesterday warning delegates should resign if she didnt get their full backing that earned her a standing ovation come catamount took over from chancellor Angela Merkel as c. D. U. Leader last year but new leadership has so far had no effect on the partys sliding popularity. She now has time to catch her breath and a great come cut in power at her partys conference the head of the cd you manage to see off the rebellion for leadership at least for now we have been described here at the Party Conference where germany could look like and i asked the party whether they wanted to go down this road together with me and the delegates confirmed this very impressively yes
Sanctions. Partslan to sell vehicle to help its turnaround and get back on track. It is also still looking for a new ceo. Shery lets check the markets. U. S. Futures unchanged at the moment. U. S. Stocks struggled throughout the session. S p 500 slumping after the fed rate decision. Markets taking it is a hawkish cut. In fact it did recover towards the end but it finished basically unchanged. We also had Energy Stocks dragging on the index. Crude falling for the last two sessions after that 15 gain we saw monday. At the moment unchanged, below 60 a barrel. Financials gaining ground today. We had yields plunging after the fed intervened and the repo markets injecting cash to soothe the money markets. That was paired back a little bit after the fed rate decision. 10yearold 10 year yield finishing around 1. 80. Paul some breaking news on the bloomberg terminal. The Hong Kong Monetary authority is cutting its base rate to 2. 25 . Pretty much as expected after the fed move today. So we have
More claims that donald trump tried to cover up a phone call he had the world athletics championships get underway in doha later with the president of ukraine. With britains athletes set a not so perfect match. To endure scorching temperatures as they bid for gold medal glory. The number of online daters good morning. It is a day of sunny falling victim to so called romance fraud rises significantly. Ill be finding out how to spot spells and blustery showers today. I the signs of a dating scam. The wait is over and the heat is on. Will bring you all the details in about 15 minutes. The world athletics championships get underway in doha later with britains athletes set to endure scorching temperatures as they bid for gold medal glory. Its friday the 27th of september. Our top story more than 100 bishops and archbishops have signed a letter good morning. We have some very saying the tone of the Brexit Debate has becomne unacceptable and calling for more respect. U nsettled good morning.
State at cnbc and the desk will play judge judy and we will rule on who is right and not. And then cashing in on Regional Banks, the best week in almost three years. But the kre is still underperforming the market broadly. The traders check the sector balance. In case you didnt notice its indeed friday the 13th. Oh, no. Yes,s it. Scary. Are you feeling lucky unlucky. Clint eastwood. Always feeling lucky. Roll that 44 magnum right now the only thing unluckier than broken miles an hour mirrors and walking under ledders is the big familiar name chipotle, alta all trailing are they bargains . Lets talk about the market this woke three weeks in a row, steve of nice gains for the broad market. Eight days in a row for the dow. You know, i always say this i guesses in a station we say its the most unloved rally that i remember in recent history everyone got so lop sided in august the positioning was so ultranesting that this had happen to happen but when. Now over 3,000 everyone still getting