Probability an october fed rate to 90 Technology Leading todays come back nasdaq is higher up about 1 . We got our team of reporters standing by. They will break down todays whipsaw Market Action. First joining us is stephanie link interesting day weve had here we were on together at 10 00 market immediately went down i called almost a percent. Here we are back up. What do you make of it its a wild day its not over. I think its bad news is good news the data was soft. Both ism reports were soft well have to see what the nonfarm payroll will be tomorrow it will be on the softer side. What does that mean . Does the fed cut 60 chance for december cut, and speculation that maybe trump gets more desperate to get a deal done, trade deal done thats why we rallied. This is a pepsi market pepsi i like that it really is. Truly. They reported a good number, inline revenues. Market wants 4. 5 steady organic growth a steady yield paying 25 times. I cant do that because its too rich for me. Thats wh
Matters to the markets an your money. Forget trump and xi and china. A new trade war just started well tell you what it is on this wednesday october 2 as Worldwide Exchange begins right now. Good morning, good after, good evening wherever in the world you are watching maybe you are in australia, the home country of acdc if you live around here, this is a scene in new york. It is dark get ready. It is going to be hot. Right now, it is 5 00 in the morning. It is already 73 degrees it is going to hit 89 or 90 degrees. There is your weather hit. Our first ever lets see how the markets are coming off of yesterdays decidedly cold drop. Not only did we fall, we gave up all of our gains from the Third Quarter in a single day. Futures, as you can see, they are down dow futures are off 139 points right now. Remember something about october. October gets a bad rep it is known as a volatile month and one of the worse per forthiformin months of the year the last few years, october has been relative
TheChristine Lagarde says ecb could need fresh stimulus. Shery a quick check of the markets closing, we saw fluctuations in the session. The s p 500 moved higher in the last hour of trading or so, moving to a record high. At one point it fell to session lows after we heard from the cleveland fed president loretta mester, saying she was not ready for cuts yet, which sent markets lower, but Communications Stocks are leading the gains on the s p 500. Volumes were lower, heading into the fourth of july holiday. Wednesday is a shorter trading day as well. The nasdaq finished 0. 2 higher, and u. S. Futures are unchanged at the moment. Lets see how we are setting up for the markets in asia. Kiwi stocks are under fire this morning, and looking at a potential retreat at the start of cash trade in tokyo and sydney. The aussie dollar staying steady this morning, in the wake of the rba rate cut. The governments secondhalf Economic Forecast to consider later today, export data looking shaky and poi
Recognition between the parties. All time shall be equally allotted between the parties and in no event shall debate continue beyond 11 50 a. M. Each member other than the majority and minority leaders and minority whip shall be limited to five minutes. The chair recognizes the gentleman from illinois, mr. Gutierrez, for five minutes. Mr. Gutierrez id like to be from alabama today, but im not. The ave asked me to take button off. The button off. That only makes a point. It might not be a button on, its 122, people with daca lose their protection from deportation. They lose their government issued identification that allowed them to stay in this country and work legally. Daca is the deferred action for childhood arrivals program, and the president ended in which will completely expire in march. Lets be clear, people dont have until march. People are already losing their daca coverage on a daily basis. So when reporters and collisions say that congress has until march to enact the dream
That motion carries. Pledge of allegiance we dont have a america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised the ringing of and use of cell phones, planning code are prohibited at this meeting. Match please be advised that the chair may order the removal from the meeting room the meeting room ringing or use of a cell phone, pager, or other similar soundproducing electronic devices. Please be advised that a member of the public has up to 3 minutes to make comments on agendas items unless a commissioner asked otherwise. Any Public Comment on the items not listed on the agenda if there is have a card and come up to the mike twice. Public comment is closed. Next speaker, please. Item 9 closing arguments. Good afternoon commissioner adams and a commissioner Vice President brandon and members of the commission and members of the public and port staff im eileen the intern port director and pleased to announce