From europe and the u. S. Here are your markets. We are seeing a little bit of flatlining for european stocks. Try to figure out exactly what will happen when President Trump meets with president xi jinping. The u. S. 10 year yield is holding just about 2 . Brent at 66. 34. We are seeing a big move with gold. It is the last trading day of the month, so watch out for any volatility. What marlon is doing merlin, announcing a couple of private equities were learning at the company. They are the owner of madame tussaud, amongst other entertainment things in london. Coming up, more from our exclusive interview with the the with the fran San Francisco fed president. Lets get straight to bloomberg first word news. Ifit is too early to know the Federal Reserve should cut rates, according to San Francisco fed president mary daly. They are widely expected to cut in july. We spoke exclusively with mary daly at the aspen ideas festival in colorado. If the data comes in and shows significant weaken
The table. Today the feds governor, Michelle Bauman says the policy rate may need to rise further to stay behind the goal. So what should we expect from Monetary Policy and for the markets overall . Joining us now is Marathon Asset Management chairman and ceo, bruce richards. Reminder, marathon has 20 billion in assets under management. Always good to see you. I do want to talk about the fed and inflation and everything, but i think we first have to start with the middle east and whats happening in israel. You see this as a macro challenge for the markets, for the economy . Well, first, let me say that we all pray for peace and stand with the president of the United States, who stands staunchly behind the support of israel. I say that as a personal citizen, as well as a ceo of marathon. Listen, israel is a great credit. Its an aplus rated credit. It has a strong currency, the equity market has done woeell or time, its bonds trade well and its debttogdp is over 60 . In terms of risks re
Tense protests at schools around the country as pro palestinian common stralters occupy buildings and set up encampments. Police moving in to make arrests. Classes going remote over safety concerns. This is complete anarchy. Were live with the overnight developments. In contempt . A key hearing today on the historic hush money trial of former president donald trump. Prosecutors saying he has repeatedly violated the judges gag order. As the first witness takes the stand, a once powerful tabloid publisher. Were live with what to expect in the courtroom. Pumped up. Gas prices on the rise across country. Some california stations topping 7 a gallon. Whats behind the spring speak . And will we see any relief before summer. The future. Amid layoffs, slumping sales and tanking stock prices as musk faces new scrutiny over his massive compensation. Were breaking it all down. Tesla trouble. An important day for the worlds most valuable car company and its controversial founder elon musk. The cloc
Going against the trend. Their push to welcome the community and offer a seat at the table. Deebo samuel in traffic for the touchdown. Were counting down to kickoff at levis stadium for the niners home opener. Good morning, im nicole zaloumis. Reed cowan and now i know why. Its thursday night football. He said you two have it. Im going to take the day and kick my feet up and just relax. Prepping to talk nothing but niners today but no hes going to be off for a couple of days. Good morning, im gianna franco. We have you covered and were holding down the fort and of course talking a lot about the smoky conditions weve been dealing with the last couple of days and lets take some looks outside a live look here and you are waking up to more smoky skies on what is another first alert weather day. Its also another spare the air day. Consider limiting outdoor activiti this is whats causing all the problems here. Wildfires burning near the california and oregon border. There are three huge comp
Inc. Portfolio power lunch starts right now and happy friday your money carving out decent gains in the major indexes the dow trying to end the week higher just like the nasdaq is doing. The nasdaq is now more than 5 for the year melissa highlighted general bills and blue buffalo and if you are investor, go home and give your dog a pet tonight because that stock is soaring. It is up almost 17 . Other interesting stocks today, go daddy hitting a new alltime high on pace for its best day since august of 2016 Red Robin Gourmet Burgers rallying and Planet Fitness strong on the earnings and out look now to michelle. You have to work out after you eat a red robin. Thank you. The dow is up more than 200 points and lets get to the Market Action here on the floor. Bob pisani joins me. We are watching to see what happens for the rest of the day. Because were just off the highs. Look at the s p 500. Every day this week there has been i g a gap up and then we move down and close near the end of th