Strongly in the green on the day. Small caps up more than 3 on the day. The nasdaq composite yesterday erased all its losses for the year. Now up about 1. 7 on the year. Gainers today, energy, industrial, and materials. Basis, energy, tech, and a couple discretionary names here. We saw a pretty dramatic move on the short end of the u. S. Treasury curve. Traders still pricing in the prospect that we could hit negative rates in the u. S. It will be interesting to see if that materializes and what that would mean. Scarlet and just a followup on what you were pointing out with regards to the different sector performers, energy, the best performer for the week. Week for the major u. S. Indexes. And the russell 2000 also doing better than good compared to its largecap peers. Lets bring back gabriella santos. One thing we should mention with energy stocks, weve seen oil prices now put together two weeks of gains. We havent seen that since february. Do you think weve seen the worst in oil, and
County, especially along bailey road, rural bypasses, where it seems theres an appliance, a couch even every few hundred yards. Were looking at lighting, cameras, making sure that people that are supposed to have Garbage Service are actually subscribing. Were making sure that we are looking at the way we do outreach for those folks that need to know how to get rid of a mattre or chemicals. Reporter the teeth of this new program will be enforcement, hiring, sworn officers in each county to identify and then prosecute folks who do things like this. Leave mattresses where they shouldnt be. In concord, laura anthony, abc 7 news. Oakland had a sixmonth Pilot Program to address illegal dumping. How did that work out . Dan, they did have a sixmonth program. They identified two key problem areas. They focused a lot of enforcement on those areas. They were told by nate mile i they made 500 arrests when focusing on the two locations. They say that the funding ran out and thanks to this new pilot
She was just evil. His borrow real estate heiress was found not guilty of killing keith green, the father of her two children. We spoke to an alternate juror. We went to closing arguments, there was not enough information. There was a lot of questions left open for me. Prosecutors say li conspired with her boyfriend to kill green over a custody dispute. The defense argued that the bodyguard tanned trainer Olivier Adella was a adella previously cut a deal with prosecutors to testify against li and bay yacht but ended up behind bars after breaking the terms. I want it hear the details and truth that they pretended to know whether it was a theory or whether facts to support it. The case Drew International attention after her friends and family posted more than 60 million in propertsh. One of the highest amounts on record in the u. S. After deliberating for 12 days, jurors acquitted her but deadlocked on bay yacht resulting in a hung jury. Its defending the innocent that pressurizes you. W
Oh, yeah, hes got a new book. Its good. Lots of business advice. Its called shut up and listen you better shut up and listen because power lunch starts right now. Lets take a look where we stand with the markets now the nasdaq and s p all under pressure but hugging the flat line look at the change there basically minuscule. A matter of basis points one day ahead as the result of the big fed meeting. Energy falling after yesterdays huge rally its the worst performance sector this day down about 2 after yesterdays big games. Crude down about 6 after yesterdays big gains. Well have more on those moves later. Tomorrow at this time well be getting the feds decision on Interest Rates steve has the details from the latest cnbc fed survey thanks very much. Pretty good agreement that rate skut on the way. Most say well get another rate cut and that will come in december thats the bulk of it. Amid lower rates, you think it would be by it it comes with incressed probability of recession the 32 pr
Consumer staples keep falling. Plus no sign of recession in ticket sales for live events, not just taylor swift or beyonce. Well talk to the head of the company that puts on monster jam, disney on ice, and the circus about the Strong Demand for experiences. First lets check on the markets. In the past hour we went to fresh session lows with the dow down 150 points but are off that some point. S p down 11 points today. The nasdaq is back into positive territory by about 5 point. Home builders are getting hit hard today as Interest Rates rise. The xhb Home Builders etf is down and the tenyear yield at last check was up around 425. Shares of United Airlines falling sharply midday as the Company Issued a nationwide ground stop due to computer issues. That stop has now been lifted. It seems to be that the fed has threaded the needle well enough to avoid tightening the u. S. Economy into a recession. Goldman sachs today cutting its recession expectation. Steve liesman joins us now with more.