Restarting next week thathelped things in asia. In europe, its a bit of a mixed picture. The dax up by 0. 1 you do see red arrows for both the cac and the ftse the ftse, well talk more about Boris Johnson who will become the Prime Minister there today ftse now down about 0. 8 stocks are flat in italy and in spain. If you check out the treasury yields here in the United States, you will see this morning the tenyear is yielding 2. 057 the big story of the morning, shares of Big Tech Companies like google, amazon and facebook, theyre under pressure after the u. S. Justice Department Said theyre opening a broad antitrust review of Technology Firms the review was scrutinikru desie if these companies are stifling information and harming consumers. The Justice Department does not name specific companies, but it is likely to encompass google, foos facebook this is the real first shot across the bow by william barr and the doj. You know you have the democrats, you have the republicans also afte
Insurance work like Car Insurance . Would that solve the problem that debate is on tap as power lunch starts right now. All right, welcome to summer, everybody. The Summer Market as well. Stocks in a narrow range energy, though, the best performer in the s p oil doing something it has not done in a while, rising for a fourth straight day. Financials also doing pretty well the big bank etf, the kre and the kbb both near session highs. Theyre on pace for one of their best shake shack higher, despite a note from Goldman Sachs saying earnings could take a hi because of all the rain weve had in the northeast goldman noting shake shack has heavy exposure up here many locations have outdoor seating. Also, darden rallying on its earnings beat, the restaurant chain raising its Quarterly Dividend 12 tyler. Welcome, everybody. Im Tyler Mathisen and heres what else is happening this hour fed chair janet yellen speaking in london on the state of the economy. Shes expected to take questions. Will sh
Im sara eisen. And im wilfred frost. Welcome back. Thank you. Well check in on the Global Markets this morning to show you what u. S. Equity futures are doing after a second down week for u. S. Stocks. It looks like were adding to the pressure. Dow futures down about 40 points. S p futures down 5. 8. Nasdaq futures down 15. Its going to be a heavy week and day of news flow, Economic Data, fed speak and earnings to Pay Attention to on the markets. As for the tenyear treasury yield, it went above 1. 80. Thats driven up the dollar. The reassurance from the better Economic Data in the u. S. And some fed speak that well get an Interest Rate hike has been driving rates higher. There we sit this morning, just above 1. 80. Well see how that reacts to Industrial Production and other data releases out today. The other bond move to mention today, gilt, the tenyear is seeing the highest yield in our memories. Your independence day. Its important to know the strength after the vote, we saw a big pu
Union. Representing thousands of transit workers. That union says theyre ready to strike at midnight if they cannot work things out. A strike would have dire consequences stopping bus, trolley and subway lines and forcing people to get, well, creative to simply get to work and School Tomorrow morning. Good evening, im lucy noland. Im iain page. Those talks have been going on all day. Lets get street right out to fox 29s brad sattin whos in center city with the latest on this. Brad. Reporter iain, they are still underway at the sheraton is behind me. An hour to go. Union source told me little ago there will not be an extension past midnight that is something that Union Members voighted on previously. That source also telling me that a big Sticking Point continues to be over schedule link drivers do not want short turn around shifts. But septa wants flexibility. The Witching Hour is almost here on this halloween. Short of a last second deal, the subways, market frankford and broad street
Francisco. And we have an accident on the president plume side of thin in a few minutes. Breaking news in concord firefighters are trying to control a louse fire with flames. The house engulfed after igniting 2 30 this morning on third street near will low pass road. We do not think anyone was inside the house. Now fires have to deal with downed power lines. It is making it more challenging to prevent the flames from spreading to homes. Officials say the structure is a totalless and still waiting to hear what caused the fire. Developing news in the south bay this Morning Police are looking for a group of machine accused of a double stabbing at a carls jr. Matt is in san jose with more. Matt . Natasha this is believed gangrelated incidents a huge crime scene. The victims staggered to the area businesses. It all started across the street here at this carls jr. At dip are time after 6 00 last night. Sky 7 was overhead when the San Jose Police officers converge on the Shopping Center. It w