Live from new york, at the opening bell, this is business today. Traders tread water on wednesday. Cranking up the voltage on trade tensions. Canada slaps hefty import taxes on electric cars made in china older, wiser, and ready to spend. How businesses are finding a Silver Lining in indias ageing population. Welcome to business today, im Michelle Fleury live from new york. Us markets slip at the open after the record close. More on that any moment. Lets turn our attention to markets, the dow is down two tenths of a percent right now, after the wreck a close yesterday. The snp and nasdaq have not fared so well. Traders are turning away from the Technology Stocks right now. For more on this is the chief market strategist, great to see it this morning. Are you surprised this rally is stalling . What should we read from the dow slipping back slightly . Read from the dow slipping back sliuhtl . ,. , slightly . Good morning, i dont think they slightly . Good morning, i dont think they can
North easterly wind so temperatures around 15 degrees and even the highest temperatures in the west, 23 or 2a degrees in the warmest places. On wednesday, predominantly dry again, probably less of that north sea cloud and what little we have a good link in one or 2a degrees in the warmest places. On wednesday, predominantly dry again, probably less of that north sea cloud and what little we have good link in one of two areas of the east coast but otherwise more sunshine so more of us probably seeing a climb into the low to mid 20s in the warmest areas. Beyond that, the fine and dry and settled run continues through the rest of the week but heading into the weekend, the Humidity Levels start to rise, as to the temperatures with highs in the Mid To High 20s but we are likely to see them heavy showers and thunderstorms working in which will bring some areas rain and of course gardeners might want that because it has been very dry for the last few weeks. Thanks, chris. And thats bbc news a
of 3.3% in the last three months of 2023 much stronger than expected. that s raised hopes that the us federal reserve might have achieved a soft landing getting inflation under control by raising borrowing costs without crashing the economy. the strong economic numbers helped stoke an ongoing rally on us stock markets. both the dowjones industrial average and s&p 500 closed at new record highs on thursday. and traders weren t the only ones celebrating. the gdp figures have been seized upon by president biden, who is battling for re election. he s been suffering poor approval ratings for his handling of the economy, as american households feel the impact of higher prices on their finances. from new york, here s michelle fleury. for an economy many said was headed for recession, the us continues to defy expectations. in the final three months of last year, the american economy grew faster than expected, expanding at an annual rate of 3.3% while inflation fell. growth for th
against the dollar in early trading. it s recovered most of those losses during today s trading session but investors remain nervous. safe haven assests like the gold have risen. gold was up around 0.6% a short while ago with brent crude also rising throughout the day. let s speak now to sergey vakulenko, nonresident scholar at the carnegie russia eurasia center. welcome, great to have you on the programme. what has been the noticeable impact so far on the russian economy since the events of saturday? there were none. indeed, it was mutiny, ora there were none. indeed, it was mutiny, or a weekend, there were none. indeed, it was mutiny, ora weekend, it there were none. indeed, it was mutiny, or a weekend, it mutiny that was over in about 2k hours. even through the regions, yes, there was a disturbance on the road, yes, a stray missile hit a fuel depot, but other than that there was very little disturbance to civilian life and all that is over and mutinous troops are supposedl
north easterly wind so temperatures around 15 degrees and even the highest temperatures in the west, 23 or 2a degrees in the warmest places. on wednesday, predominantly dry again, probably less of that north sea cloud and what little we have a good link in one or 2a degrees in the warmest places. on wednesday, predominantly dry again, probably less of that north sea cloud and what little we have good link in one of two areas of the east coast but otherwise more sunshine so more of us probably seeing a climb into the low to mid 20s in the warmest areas. beyond that, the fine and dry and settled run continues through the rest of the week but heading into the weekend, the humidity levels start to rise, as to the temperatures with highs in the mid to high 20s but we are likely to see them heavy showers and thunderstorms working in which will bring some areas rain and of course gardeners might want that because it has been very dry for the last few weeks. thanks, chris. and that s