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Welcome to the exchange, everybody. Im kelly evans. We just heard from fed chair powell speaking at the Economic Club of new york for about the past hour or so. We saw yields initially moving lower from their 16year highing and then reversing higher again. The former dallas fed president is here with me. He says the bond market has stepped into the drivers seat and powell aint in charge any more. Well get he is reaction in a moment. This afternoon, we have seen the dow hanging on to a gain of 111 points, up a third of a percent, up a quarter percent for the s p. Up a little less than that for the nasdaq. Over in the treasuries, thats where the action is. The tenyear yield during powells q and a portion hit 4. 996, thats how close we got to piercing 5 on the tenyear. You can see the 30year above that level, as well. Oil was lower earlier on, on that news of the u. S. Lifting venezuelaen sanctions. Thats a 2 3 percent gain. Gold as w ....
This is cnn Breaking News. Welcome to the lead. Im jake tapper. We start in the middle east with new stories of the horror, the terror that hamas inflicted on israel. Some of what i am about to describe to you will assuredly be disturbing. A spokesman for the israeli Prime Minister said today that hamas decapitated babies and toddlers. This was part of a brutal massacre that hamas carried out over the weekend. I should note that as of now, cnn has not been able to independently verify the claims. The Israeli Defense forces said hamas brutally butchered, in an isis way of action, women, children, toddlers, and the elderly. This comes as some israelis are also expressing a sense of frustration that their government is not doing enough. Here you can see individuals at hospitals yelling at israels environment minister, telli ....
Good evening from philadelphia. Im ali velshi in for chris hayes. Today was the coming out party for the democratic ticket that hopes to bring an end to the presidency of donald trump. Joe biden took the stage for the first time with his running mate Kamala Harris. Shes the child of immigrants from jamaica and india. The socially distanced joint appearance was at a high school in bidens home state of delaware. The pair promised to reverse the damage inflicted by trump and pence and offered warm words for each other. It was their first full day together in what biden called the battle for the soul of the country. Kamala knows how to govern. She knows how to make the hard calls. Shes ready to do this job on day one. And were both ready to get to work rebuilding this nation. I asked kamala to be the last voice in the room, to always tell me the truth, which she will, challenge my assumptions if she disagrees, ask the hard questions. B ....
First asianamerican on the president ial ticket of a major party, biden said he had full confidence in her. I have no doubt that i picked the right person to join me as the next Vice President of the United States of america. And thats senator Kamala Harris. Her story is americas story. Different from mine in many particulars, but also not so different in the essentials. For her part, harris painted a clear picture for voters of the choice between biden and President Trump. This is a moment of real consequence for america. Everything we care about, our economy, our health, our children, the kind of country we live in. Its all on the line. America is crying out for leadership. Yet we have a president who cares more about himself than the people who elected him. The ch ....