Im wilfred frost. Im seema mody in for sara eisen today. I was thinking you do the introduce, wilfred. Sorry. I left it up to you, its great to have you with us. Good morning to you. Lets get straight to the market picture this morning. It comes off a day yesterday where we were pretty sharply down at the open. We were down about 0. 2 midday, but ended down only about 0. 2 for the dow. The nasdaq was slightly positive. Banks certainly had led the markets. They also led the rebound somewhat. Either way by the sector performance, telcos were the worst. Healthcare the best. That performance you can see in the bank index. At one point we saw significant decliners there. A couple percent for certain banks leading the index down, the market down, but they did recover by the end of the day. Yield curve had a huge impact on this. We did see a low on the tenyear note at one point yesterday of 2. 34 . Back close to 2. 38 , back near that 2. 4 level. That, of course, has had such an impact on wha
Temperatures are going to start to cool as we get closer to the weekend. Saturday will be a little cooler. Sunday air temperatures will drop and keep dropping into next week. How warm will it be tomorrow . No triple digits on the map. 98 in antioch. 66 in San Francisco. I will have a closer look at your weekend forecast coming up in my next forecast in 5 minutes. Back to you. You know what they are . Thugs. Donald trump talking about the violent protesters who showed up outside of his rally in san jose last night. Tonight there is outrage and pushback from police and other south bay officials after the violence that erupted outside the trump rally. You see some of it right here. There were punches thrown. A woman was throwing eggs. Police announced they are going after the people who did get violent. The violence that occurred last night was not and will not go unchecked. Eddie garcia denouncing this. The violence the left one of his officers injured. And clamping down on protesters. W
Like indonesia closed higher. Road map goes like this, israel continues the ground offense with potential for significant operations. U. S. Officials concluded malaysia air flight shot down by Eastern Ukraine, by by whom is yet to be determine. Biggest oneday loss for the s p in three months. Stocks are trying to digest earnings from ge, google, and ibm as well as a 54 billion deal between abbvie and shire. A lot of news this morning. Israel continuing its ground offensive in gaza to stop rockets from militants. Benjamin netanyahu considering the pomt of widening the operation significantly in his words. We have a lot on the plate today, back at hq, hi, michelle. Reporter that annoyancement 1 a key issue this morning raising the level of uncertainty about the outcome of the situation in gaza. The Israeli Defense forces confirms to nbc news the ibf struck around 120 targets in the gaza strip since midnight. This is video released from last night. Idf says among them the targets are nine
And im Stephanie Ruhle. Lets start today with the latest on the plane crash in ukraine. The government there is trading accusations with russia over who shut down the Malaysian Airlines jet with a total of 298 people aboard. At this hour, the Un Security Council is meeting to meet to talk about the tragedy as the investigation gets underway and president obama will officially speak about it at 11 30 a. M. We will have it live here on bloomberg. It to ryanlets take chilcote, on the phone with us from kiev. Latest . He the latest is that at the time of the crash after the time of the crash, they have begun the rather grim task of recovering the body. The bodies. 298 people were on that flight, so they have a lot of work ahead of them. The crash site spreads over about 10 square miles. The plane is very high up. That is where you get such a spread of debris. The bodies will be transferred from there to a city, which is under the federal governments control. You see how confusing it all ge
Offensive. Its troops are pushing deeper into gaza to destroy rocket launching sites and tunnels. The israeli advance follows 10 Straight Days of attacks. The markets regaining their composure, shrugging this off. The dow just about 50 points shy from wiping out yesterdays tripledigit loss. At what point does all the global turmoil derail the market . Here is peter schiff, europacific capital. We have cot martin with us, united advisors chief Market Strategist and also a fox Business News contributor. Peter, i will start with you. Has the fed made the market complacent to all the hot spots around the world which are catching fire . I dont think any of these hot spots will be the pin that prick this is bubble. I think what americans really have to worry about, at least from the perspective of an investor, is not what the russian separatist its are doing in the ukraine, but what janet yellen and her cohorts are doing at the Federal Reserve because far more damage is being inflicted now o