there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% let s take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the trading day most european indices were trading positively again. now, one aspect of the deal was that any investor holding additional tieri bonds, or ati bonds, in credit suisse will get nothing. that s more than 15 billion euros written off. it spooked the whole ati bond market which is worth more than 200 billion euros. let s discuss this in more details with dan kemp, global chief investment officer at morningstar investment management. why is the burning of these bondholders so controversial? that
National security, surprise. Trumedly sharing secrets about u. S. Nuclear submarines to a Maralago Club member after he left office. Trump revealing, quote, how many Nuclear Warheads the vessels carried and how close they could get to their russian counterparts without being detected. Tr telling these secrets to an australia Billionaire Business than anthonypratt. Pratt told scores of others including more than a dozen foreign officials, several of his own employees, and handful ja smiths team has already interviewed pratt as part of their vestation, making pratt, quote, among more than 80 people whom prosecutors have identified as possible witnesses to testify against trump. This bombshell was not included in the trump indict, which suggests jack smith has a lot more evidence than whats been made public so far. Smith is likely to use trumps own history against him. In 2017, trump gave up highly Classified Information to the Russian Foreign minister in the oval office. Trump later twee
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similar policies were rolled out. so just again, we don t know how this is going to play out. we just got this ruling. but the ninth circuit has previously affirmed the lower court when it came to this type of rule. priscilla alvarez, thanks so much for covering for us. an impeachment inquiry of president biden is on the table. that s what house speaker kevin mccarthy told fox anchor and trump ally sean hannity, signaling an aggressive new approach as republicans investigate hunter biden. republicans allege that joe biden was linked to his son s business deals, pushing unverified claims of a bribery scheme. biden and the white house have repeatedly denied those claims. let s take you now live to capitol hill with cnn s lauren fox. so lauren, those house republican leadership conversations about impeaching joe biden, they were tabled a few weeks ago, something changed. well, this is a divisive issue, boris, even among house republicans, this is an issue