Of a total breakdown. And technical glitches marred the launch of disneys new streaming service. To breakingirst, news from south korea. The jobless rate coming in at 3. 5 . This is in line with estimates but slightly higher than the previous month. Add 419 thousand jobs in october, more than they did in september, which was already quite a strong job scheme number. Pe number. That is helping to offset some losses,anufacturing job not to mention declines in retail employment. In south korea they have been really supported by fiscal policy. In budget is helping growth the public sector. Right now, the jobless rate coming in at 3. 5 for the month of october. Lets see how we are doing in the markets in asia. Overnight,d messages hearing from President Trump in new york, threatening the possibility of more tariffs if phase one trade deal doesnt get done. Hasydney, as that market just come online, new zealand,. Rading is underway with Fourth Quarter Inflation Expectations, it plummeted off
Youre watching daybreak. Asia coming to you live from new york, sydney and hong kong. Were counting down to asias major market opens the top stories this hour. Asian stocks set to follow wall street lower as strong us retail sales signal rates may be higher for longer. Dollar strength sinking apac currencies to this years low decision day for the reserve bank of new zealand. With cooler inflation and higher unemployment supporting another hold. Plus, china said to mull cutting stamp duty on stock trades as defensive reaction to a surprise rate cut shows president xi facing more tough choices. Lets take a look at us. Futures now down. The stock market had kind of a tough day today. Were seeing now some green on the screen. However, just basically still pretty much unchanged. And in fact, the the feeling here was that retail sales in the us stronger than expected. Why wasnt that good for stocks . Because Neel Kashkari, part of it at least, president minneapolis fed says he doesnt think t
Behind the rights, commissioned by governor pat brown, which concludes high unemployment, poor schools and Living Conditions and Police Abuses were the main colleges the main causes of community unrest. Get your hands up high. You can list them higher than that. The first one drops their hands is dead. [gunshot] absolutely incredible scene. Gunbattle in the middle of broadway. In the streets of los angeles. [explosion] a small army of policeman , most of them carrying shotguns. National guardsmen riding jeeps. Bodies of several negroes who have been shot already in this battle stretched out beside the curb. Acres and acres of looking glass. Burned and looted stores. And now, this hunt, like something out of a bad war movie, a western perhaps. Policeman on the rooftops. The streets. They think now they have found the man they are after. That was part of the civil war fought on the streets of los angeles one night of this summer. Violence set off by a history of ancient laws. I think it
Julie you see all three major tool, the quote, and play to influence oil prices. Using it for 35 averages are little changed after falling as much as half a percent. Years. So that is one strike against them. They will say that they are if you look at the s p 500, it unified in the believe that the is just shy of 2100. That has been a tough level for market is ok taking care of itself with oil prices racing. The s p. Oil prices rising. 2100 is sort of the upward bound have been bickering about of what we have seen from the who will be the index. Secretarygeneral for the past it has had trouble staying above that level for any extended four years. The current secretarygeneral, his term is mandated expired period of time. Many, many years ago and he wants to retire. They finally chose a new secretarygeneral. Health care shares are on the rise. So some say at least they can you is still energy in the decide something. Losing spot here. So they can kick the can down the road in reinstating
Last half hour we would like to introduce krystal klei to you this morning. Its her first day on the air at nbc 10. You came to us from texas, you are originally from arizona. So this heat is right up your alley, but come wintertime yeah. So i feel like maybe i accidentally brought the heat and im apology for that. I will say, yes, im very used to dealing with this kind of heat, the humidity is making it rough even for myself. Thats what we have got today. The hot humid conditions, those temperatures going to feel uncomfortable as we get into the afternoon, in fact, dangerous at some points notice afternoon thanks to that feel like company. We have a first alert that will continue through tuesday. We are not just talking your weekend, we talking monday and tuesday of your next week as well due to those temperatures feeling like 100 to 105 degrees in parts of philadelphia and surrounding areas. This is what we can expect as we move forward. Storms are in the forecast, scattered chances