Seeking 1 billion to get out of its iron ore joint venture in brazil. Betty a billion dollar headache for bhp, a 7 billion windfall for jpmorganwells fargo, that really propelled the market higher on friday. Along with that inflation data. In record territory in the u. S. , what a month it has been. Lets quickly pull up the boards to see how much we gain, the s p closing at a record, the dow adding over 200 points, the nasdaq also higher. I get the feeling a lot of this will be as the markets are so high, a lot of it will depend on the news we get this week, including earnings, the higher the markets go, the more vulnerable it might be to pullbacks. And many of us have wouldhe first of 2018, we see a pullback, it has been dead wrong so far. Saying thech, biggest on record. Find the bears are throwing in the towel. Looking to see some gains with the u. S. Markets closed for the holiday monday. This is how we are faring in new zealand, about 1 5 of 1 . 72. 47 for the qb right now. Thedol
And i was kind of scared. Reporter firefighters and paramedics rescued the man his burnt clothing lay strewn across the sidewalk. Investigators spent much of the morning on the scene looking for clues including Surveillance Video from homes along the block. I believe they have cameras down here so i hopefully they caught everything. Reporter the victim was taken to Temple University hospital with second and third degree burns over about 50 percent of his body. Police are expected to provide some new information and just about a half an hour we will be there and we will have a live report coming up on action news at 6 oclock. Live at the special victims units in hunting park im Sarah Bloomquist channel6 action news. Back to you. Sarah thank you. A camden firefighter injured on the job was released from the hospital today. The action cam was there at his home as captain Robert Eckert was greeted by the mayor and fellow firefighters. He spent much of the last two weeks at cooper Universit
News conference with the fire commissioner is that right. Reporter yeah, nydia and gray that just happened and fire crews down here they have their handing full we are at third and chestnut. I will step out of the way and show you the scene we have right now. Like you said four alarms they are hosing this thing down right now, and i can tell you when i first showed you i have been in this business for almost a decade now and i have never seen flames, this big, they were shooting, clear into the sky, they were huge. Luckily you can see they have got things under control quite a bit at this point. You can see up top they are spraying down in the building right new but im told that is an Apartment Building several units in there and i have to be honest with you guys, it is torched. Flames were shooting clear up through the entire building and coming up out of the roof and windows. This is just 10 minutes ago. Very serious situation down here. There is a hotel im told by fire commissioner
To global reflation. Equally important, the data out of china. Have a look at this bloomberg chart. Uptick were expecting an , but not this, 6. 3 , now back above 6 . Here is your base effect, steadying, and pick up right there. Bloomberg intelligence is telling us in a note is that it might the sentiment driven. Is it supply side . Partly. This could turn, but that the in said, if you did have to choose which industries are benefiting, look up stream, steel. Downstream, not quite. Upstream, steel and rebar prices, closely coal related. You can see where that one goes. Very interesting. We will be flushing out that story and a few moments in Market Reaction when markets open in hong kong and china in 30 minutes. In the meantime, singapore, taiwan, malaysia coming online. Sophie, currencies, but the equity markets so far. Sophie these are equity markets. Higher byeing led tokyo and seoul, korea. Some marginal losses for stocks in kuala lumpur. While stocks are higher, bonds falling, the
Days cooling trade. And the crystal blue caribbean sea. Nonstop flights are available from most major airports. More information for your vacation planning is available at the rubric dot com. And now abc world news. This is bbc world news america reporting from washington time nor a true fat and. Staring defeat in the face the president summons his senate says of the white house off to republicans a forced to delay a vote on healthcare reform. A crippling cyberattack goes global affecting companies and governments from ukraine to the u. S. Appears behind it and why. And the chinese ounces highway way sits down with the bbc to talk about his latest work here in washington. Sprawling tribute to those who fight for freedom. Welcome to world news america publican senators piled on a box in washington today. Hold to the white house by President Trump. He wants to know whats happening to the Controversial Health can bell. Senate majority leader pulled the plug on a vote before the july fourt