His view on rates. Criticism of the fed, President Trump renews his attacks saying Jerome Powell and his team dont have a clue. Lets look at how markets closed. The dow fell for the first time in five sessions. Session,thin trading after the Independence Day holidays. S p 500 down. 2 , led lower by health care and utility stocks for the main focus during the session was on the very strong u. S. Labor report. 224,000,ayrolls rising leading expectations to pare back some of the fed rate cuts. You have treasury yields, 10 year yield also retake the 2 and u. S. Stocks falling from record highs. Lets see how u. S. Futures are looking unchanged. See how the asian markets are shaping up. Sophie futures are looking at a mix of potential gains in tokyo but we could see declines in kiwi stocks under pressure but marginally to the downside. Asian stocks could take cues from wall street action after the u. S. Jobs report. Speaking of jobs, Deutsche Bankers across the region will learn their fate a
Finance minister. President trump says Jerome Powell and his team dont have a clue. Haidi we saw shery we saw a downfall while the s p 500 was down. 2 of your declines on the s p 500. We have a very strong u. S. Jobs two hundred 24,000, beating expectations. That leading to traders curving back the fed rate cut expectations to the treasury yield, the 10year yield come at least 2 , and equity markets fall from highs. We see futures unchanged at the moment. Shaping upow we are for the asian markets. Could be looking at a riskoff session today with stocks already under pressure in wellington. Some we could see in tokyo. Futures are pointed higher. The Tech Industry navigating japan. The south korean president yesterday moved. 200 is set to lose points, but it is not too far off from the alltime high off of that mark. Checking in on the turkish lira, after falling as much as 3. 5 early in the asian session, we are going to see more action when money comes on long, facing backlash from pres
What are we doing equity wise . Yvonne it is about that jobs report. Making a little money for the fed. It will be interesting to see what jay powell says. Is he going to lay a strong case for some kind of easing cycle after that solid jobs report . There are indicators that it was not that strong here. Slower when it comes to wages. We will see that rate cut at the end of the month. You are seeing equities selling off here today. After this continued pressure from japan onchip materials. The chip sector is under pressure once again. Hong kong under pressure. Down more than 130 points. We are on the cusp of hitting another record here. The dollar is stronger after that u. S. Jobs report. We are seeing asia a bit under pressure. To what else we are seeing here. Oil is in the front after pulling back a little bit on friday and on are selling off as the market tries to correct that u. S. Jobs report. Does this lead to less expectation . They will cut 50 basis points. Looking out for the b
Reveal racially insensitive marks remarks. Tonight we will explain the common link in the cases. But 1st the troubling suggestion that was made during meetings of leaders. Multiple sources confirmed they were present when the acting assistant chief David Downing used racially insensitive language when referring how to handle protesters in oakland. My sources tell me this happened over one year ago when down ewing downing was a deputy chief. They were in a meeting when he heard downing advocate for using water canyons for protesters. Another source told me they were with downing at a different meeting and the deputy chief suggested using water hoses against protesters. In fact sources tell me in one of these meetings an assistant to the federal monitor overseeing the department was present and taking out. This comes after the subject of racist text at opd were made public by the mayor last friday. The racist Text Messages, we think its relevant to share at the messages were sent by afri
Most inspirational athletes from team usa soccer to michael sam with the nights highest honor for his courage off the field. For breaking barriers and superstar drake had everyone laughing. Whats going on . This is drake. Good morning, america. That was drake, baby. And good morning, america. What a great night for sports. Robin up early in l. A. And, robin, it looks like you had a lot of fun last night. Yes, always scary to be on the big screen when youve had no sleep. Up all night on that big monitor like that. Thank you very much for that. It was a great night and you know what, the athletes have so much fun because they never get to spend time like that. Athletes from all various different sports coming together like that. The entertainment world. You said it, lara, drake was so funny. He killed it last night so, yes, it was a lot of fun but it was emotional as well so ill have a lot more to share coming up. Were really looking forward to that. And you looked beautiful, ms. Roberts