In and we are thrilled to have governor hutchinson here to join us at stat solutions to talk about the stuff in washington. Prior to winning the governorship a dea administrator undersecretary Department Homeland security during george w. Bush. So thank you governor for joining us. We have a lot to cover so lets get started. I that we would start with trade and talk about phase 1 china trade deal. Trade is a special concern in arkansas where manufacturing is crucial. What are you hearing from manufacturers and exporters and farmers about the phase one trade deal . How are people reacting to that and are they happy with the terms quick. Very positively they are reacting to the phase one trade agreement. To put into perspective, arkanasas is the home of Walmart International company that has huge investments in china, a big market for them, tysons food from arkanasas is in china, but also we produce 50 of the rice comes from arkansas so the soybean and rice market is very important to ou
Lets check where we stand on this wild markets day stocks taking a dive in just the past few minutes, now down 130 points all the major indexes reversing at the tenyear yield hits its lows of the day. And that is a sign of worrisome growth ahead lets go to bob pisani hi, bob. Hello, tyler. Again, markets roughly tracking bond yields. Take a look at a chart weve shown a lot recently the intraday of the tenyear versus the stock market here we saw a program come through as yields dip below 1. 5 here weve been trading practically in lock step with those yields today. See the market here with the tenyear yield on the top there in the s p on the bottom this is an intraday. And pretty much moving in lock step i want to note two weak sectors today. Retailers are continuing to get slammed today. Macys gap, l brand, all down another 4 these all of them are down about 20 this month i want to highlight transports common theme here. Logistics and trucking like jb hunt and rooyder ryder, all wear to
The dow and the s p 500 finished the day higher, af rel for investors who were searching for answers after yesterdays big selloff. Trade pushed stocks lower and then higher asd money rus into the bond market yields fell and stocks followed. At one point the yield on the tenyear treasury dipped below 1. 5 . Thats the first time that has happened since 2016. The yield on the 30year hit a recobu low, again, that didnt last. Yields rose in an unusually harp way and stocks swung wit them. Here is where the major averages closed on the trading day. O theu joins industrial daerage rose about 100 points, the n fell 7 and the s p 500 added 7. Bob pisani takes a look at the strange day. Reporter stock went for another wild ride with the dow swinging all day. We saw risk actions first on a number of back andand forth u. S. china trade headlines. As yields fell further to multiyear lows. A member of the European Central bank said the ecb was setting the stage for an aggressive rate cut in septembe
To meet the needs of the market. The house that you have ordered , we have stored in kohnuj bam and jiro as much as needed, and god willing, we will not have any price increase in the month of ramadan. Of course, the price is different based on the conditions in each province. The price varies between 85 and 95 tomans, and there are only extra dates. Yes, this is a mozafti date, cup size 36 to 39 one thousand tomans of marketregulated dates are offered in various provinces in the chain stores of the fruit and vegetable fields of the municipalities. You are watching a special news discussion about the date market. Mr. Fasaaat , please tell me how long the supply of dates will be at the market rate. Yes, in the name of allah , the most merciful, the most merciful, i am at your service, dear guests and viewers who have my voice , i would like to say hello to you that the full report has been broadcast until the end of the holy month of ramadan, but usually the peak consumption of dates wi
And you have Team Coverage from records across the bay area today. And records by a pretty large margin. As you can see the temperatures compared to what we get in this time of year. We should be upper 50s but instead mid to upper 70s, you see there. 76 degrees in. But check out half moon bay. Mountain view and san jose breaking the old record by more than 6 degrees. And San Francisco up to 74. Still 77 right now in san jose. You see 70s around downtown San Francisco. And just a few high clouds out there. And numbers still warm as you can see for most of the bay area spending your saturday evening in the 70s. Unfortunately the flip side is strong High Pressure keeping the rain and snow far away. Whats really interesting about the forecast moving forward through the month, perhaps all the way through the middle part of the month, are more days like this, more typical maybe of june, dry conditions, more records possible again tomorrow as we wrap up the weekend. Coming up, well show you t