About 5 from their all time highs. Where is it safe to hide in this stock market we have details as power lunch starts right now and here is where we stand right now. The dow was down nearly 600 points at the lows of the day right off the open, weve come a long way back. Now down just about a hundred points with the nasdaq actually in the green, ever, ever, ever so slightly. The two big laggards are energy and financials well explain why, both down about 2 oil sinking to 50 a barrel. Well have more on that later. That would explain why Energy Stocks are down 1 3 4 . The focus is yields banks around the world are cutting rates. This is sending u. S. Investors into a selling frenzy. U. S. Stocks have bounced back, fears remain about what it means for the market we have full Team Coverage to lay it out Steve Liesman is here to talk about the rate cuts, and lets start with you hello, everybody. The important thing is were moving lock step with tenyear yields lets just take a look as yields
Private home, quite frankly, tells me that is politically motivated. Typing. President higuain suffers a crushing defeat. Erdogan. There is in favour of an Oversight Board to regulate content, according to its head of Global Affairs, said nick clegg. Andrew morrison was that iran needs to stop attacks in the gulf of oman amidst rising tension between a man and the United States. The first gambling addiction clinic is to be opened by nhs england. It is to be opened by nhs england. It is thought 50,000 children have a problem. Coming up in Sport England are through to the womens world cup quarterfinals after a 3 0 win over cameroon. Find out why phil neville said the victory did not feel like football. Jeremy hunt has accused Boris Johnson of cardiff are trying to avoid a Live Television debate this week. They said he needed to face more public scrutiny over his policies before ballot papers are issued. He and mrjohnson are battling to win support of a conservative partys 160,000 members
Deputy Prime Minister, is in hospital after suffering a stroke on friday. England face norway in the quarterfinals of the womens world cup, after beating cameroon in a match dominated by drama and incident. And coming up on bbc news, england openerjason roy was back in the nets today. Hell miss tomorrows world cup match against australia, but could in time for india on sunday. Good afternoon and welcome to the bbc news at one. The tory leadership race has turned more personal, withjeremy hunt urging rival borisjohnson not to be a coward about facing public scrutiny. He said that mrjohnson should man up and debate with him on television, before most conservative members vote. It comes as sky news announced it was cancelling a planned debate for tomorrow because mrjohnson had declined to take part. Meanwhile, mrjohnson has been talking about policies, warning that the uk will face a democratic explosion if it does not leave the eu by 31st october. Our Political Correspondent nick eardley
For pushing one man onto the tracks of the London Underground and trying to do the same to another. The uks first gambling addiction clinic for young people is to be opened by nhs england its thought more than 50,000 children have a problem. And, ahead of his return to the glastonbury stage, former 0asis frontman Liam Gallagher talks to the bbc about politics and fears his children could fall victim to knife crime. Ive got kids that are that age, you know what i mean . Out and about, going and doing their thing, you know what i mean . Living, being young and all that type of. So that freaks me right out. Good afternoon. The tory leadership race has become more personal, withjeremy hunt urging rival borisjohnson not to be a coward about facing public scrutiny. He said that mrjohnson should man up and debate with him on tv before most conservative members vote. It comes as sky news announced it was cancelling a planned debate for tomorrow, because mr johnson had declined to take part. Me
The London Underground and trying to do the same to another. Senior facebook executive nick clegg says the inquest into the London Bridge attack has heard that the man the company should play mature role who owned the gym used by all three killers has been asked to hand in advocating rather shunning regulation. Heavy rain and flash over his phone to be examined. Sajeel shahid ran the ummah fitness flooding have caused disruption centre in east london gcioss flooding have caused disruption across parts of edinburgh this where the attack ringleader khuram butt worked. Mr shahid denies he knew what the three men were plotting. Afternoon. From the old bailey, heres our correspondent richard lister. Just after midnight, a week before the carnage on London Bridge and borough market, the three attackers are outside the Ummah Fitness Centre in east london. Its a place they know well. Good evening. The race to become khuram butt, the ringleader, the new conservative leader and our next Prime Mi