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-- -- -- Imus morning program on the Fox Business.
-- -- -- Good morning everyone markets in Europe and the US are turning around and are now mixed after being down earlier we'll have more on stocks in a moment.
First tornadoes tore through the midwest again two people were killed and Arkansas won a storm touched down shortly after midnight.
And on Tuesday seven people were killed in Oklahoma and Kansas.
Winds reached as high as 151.
Miles per hour meanwhile damage is still being felt from this weekend storm in Joplin Missouri.
Where the death toll is now 124.
Now let's get the latest on the storms from meteorologist Maria Molina and the Fox Business weather center good morning Maria.
Good morning -- and and that's specific tornado that -- ripped through Joplin Missouri has now been updated to AN EF five with winds of 200 miles per hour or so.
It has been upgraded now to the strongest category.
Tornadoes out there -- this morning unfortunately we're still -- more storms.
Unravel across the center of the nation you can see that area of low pressure here just spinning over the state of Kansas and we do have an active tornado watch including parts.
A Missouri -- -- knowing that conditions are still favorable for tornadoes develop along some of these thunderstorms and -- to active tornado warnings -- just in the north as seamless and once the east.
A Springfield meaning that we -- have currently a tornado on the ground out there so please stay -- Can do live in any of this these states extending from northeastern parts of the state of Texas -- Louisiana.
Up into the state of Ohio and interior portions of the northeast so that's what we're looking at the potential for large hail strong winds.
And tornadoes possible and we're still not out of the woods yet tomorrow Diane we're still watching that storm system involving -- east.
It's incredible he's just posted on this.
-- going on checking the markets now first in Europe stocks are mixed technology shares are lower particularly on the disappointing forecast from applied materials.
-- London currently up -- Paris and transferred down here in the US futures are lower but off their worst levels Dow futures currently down fourteen points there.
Stocks were slightly lower in the last session the rising commodity shares was offset by weakness among industrial and consumer names.
And Asian markets extended recent losses following declines in the US session tech shares also traded lower.
The Nikkei take a big drop after government data showed Japan's exports contracted sharply following the earthquake leading to a trade deficit.
President Obama and British prime minister David Cameron will be speaking later this morning at a joint press conference.
The president will then it's addressed British parliament talking about the global economy and budget deficits.
Last night the obamas attended a state dinner hosted by the queen.
-- -- -- camera and press conference is expected at 7:30 AM eastern time and we'll carry it for you live here on the Fox Business Network.
France's finance minister Christine Lagarde is announcing her bid to become the next head of the IMF.
The guard has become the front runner for the job it would be the first woman to run the IMF.
She has the support of European leaders but there are calls -- the next head of the agency to be from an emerging market like China or Brazil.
And all this of course comes after the former chief Dominique Strauss-Kahn resigned following his arrest on sexual assault charges.
Vice president Joseph Biden is saying bipartisan talks -- deficit cuts are making progress he says both parties are in a position to cut at least a trillion dollars already.
But still have to cut at least a trillion dollars more Republicans say they won't agree to raise the debt ceiling without major spending cuts.
Biden says quote revenues are going to have to be in the deal meaning tax increases.
The treasury is selling a part of its stake in AIG.
The government at AIG sold eight point seven billion dollars in shares.
The shares were priced at 29 dollars each just above the price the government needed to break even on the deal.
The self starting.
The government exit from the insurer after its massive bail out nearly three years ago.
Here's a look at commodities now oil gold and silver are mixed at the moment oil is down around 99 dollars a barrel gold and silver both up its mind moment.
I -- -- coming up this.
This in the next hour we'll be Jake Tapper of ABC news Imus in the morning continues right now on fox business and --
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