Thatdominated yesterdays action, that along with chinas currency move. Overnight Chinas Central Bank setting the yuan mid point firmer than many expected. That happened at 9 00. We saw a turnaround in u. S. Equity futures which were down overnight as much as 600 points at the lows. Right now a positive open across the board. S p looking to be up by 11 points dow jones up by 102. The nasdaq looking to recoup 44 points as for u. S. Treasury yields, we saw a 2016 low also. We had the tenyear note at 1. 758 overnight we breached that 1. 7 level. A key level here. We have cnbc reporters everywhere this morning covering the Market Reaction to this escalating trade war willem marx is in london well get to him in a moment, but across the world to china. Eunice yoon is on the ground in beijing. Reporter china strongly opposes being labeled a currency manipulator. The central bank, which manages a floating currentry cy exchang rate called the move unilateral protectionist behavior that violates
Markets. Up and down. But right now if you look at what weve seen happen over the last month it has been impressive somebody this week was talking about 1938 in a different context. I cant remember what it was not political context in a fed or some type of economic context yeah. Yeah. So thats quite awhile may wasnt so great. May was terrible. That set you up for june all three major indices are having their best month since january of this year triple digit gains as we head into the g20 meeting this weekend with so many people watching what will happen between china and the United States look at what happened overnight in the asian markets you will see the nikkei was down by 0. 3 . Same thing with the hang seng. Shanghai was weaker. Down by 0. 6 then this morning in europe, where there is some active trading taking place right now, green arrows across the board at this moment. Biggest gainer is the dax, which is up by 0. 4 . Everybody is up by 0. 2 or more. Look at treasury yields thi
to being part of a homeless shelter. they are background checked to make sure they are safe . reporter: sandra myers says this is for homeless individuals who are very serious about finding long-term housing now. still, reviews among the community are mixed. i think it s a good thing but i want to make sure the community feels safe. it s very scary. you have a lot of kids around here. reporter: like it or not, this shelter will be open as of november 12. as for the money portion of it, $100,000 is coming from the city. the rest is donation-based. new at 6:00, a sneak peek at the bart s silicon valley expansion plan. it has two phases, one from warm springs to milpitas. phase 2 goes from berryessa to santa claus a santa clara. getgo joins us from the milpitas station. reporter: growing up in the south bay, i can tell you it is surreal to say that we are coming to you live from the milpitas bart station but this is really happening. we got a tour of phase 1 and got
but getting stronger. you see the bottom right ha-han corner the circulation. about 250 to 300 miles east-southeast of ocean city and moving north. so it won t come up the chesapeake bay and that is good news. we were concerned about that a couple of days ago but it looks like it will come onshore in new jersey. we could see heavy rain on the eastern shore counties right now with lighter rain in the with respect suburbs. at the airport you see winds are not terrible around baltimore. north wind eight up to about 20 miles an hour gusting. they will pick up this morning and this afternoon. the worse part of the storm will be this afternoon and this evening. by the time we get there the rain will be much heavier, wind gusts 30 to 40 miles an hour by this evening 40 to 60 miles an hour as the storm comes onshore in new jersey. cold comes in tomorrow. snow is likely in parts of maryland. blizzard warnings are in effect in gerarrett county. we will talk more about there and i will
government will abide bit u.n. resolution to destroy all of it by mid-2014. severe weather marked the start of fall for the pacific northwest. in oregon, the city of portland is seeing the wettest september on record forcing summer events to contend with flooded roads and high winds. the same storm system is also breaking rainfall records in washington, causing power outages that have left many people in the dark. for more on the severe weather here nbc s meteorologist dylan dwyer. it s so nice to see. you it s nice to see you, too. speaking of storms in the pacific northwest it s not unusual to get storms like this. just bizarre to get it this early in the season. so it is a big system for sure. but we also have this cold front that s moving through right now the ohio river valley. but watch as it kind of fizzles out. the rain are isn t going to hold out it s not going to be too much of an issue. just scattered thunderstorms. in the west, the rain is still heavy but th