Good morning welcome to squawk box here melissa lee is hanging out again with us. Becky is off today for some welldeserved vacation well see her next week. As joe said yesterday, one of the first down days weve seen in a while a little better s p up about 13 and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing well flip that around to. 628 on the 10year you thinking about refinancing a mortgage anytime soon, guys . Im as low as they go im good if you have an account where you can use assets for credit line or to make an investment or Something Like that, i remember two or three years ago, i locked this ridiculously low rate if they come to me again and offer another one, it will be lower than it was last time. It was like 2 or 1. 5 when you get money that cheap, dont you think you you are in the drivers seat when rates are this low i dont feel bad about borrowing money at rates like that so you are talking about get
Honoring the brave men and women who served our country in the armed forces, President Trump becoming the First American president to attend new york citys veterans day parade. How the white house and businesses across the country are working to give back to our nations heroes. Anger and rage on the streets of hong kong. A prodemocracy protester shot at close range by police. A counterprotester was set on fire. The latest response what is an escalating crisis. The force is officially entering the streaming wars. What you need to know ahead of the launch of disney plus which comes our way tomorrow. Melissa Jackie Deangelis on the floor. New york stock exchange, blake burman at white house and greg palkot in london. Susan li is in the newsroom. Wow, that is lot of firepower. Well start with jackie. Appears another record for the dow jones, finishing up 12,693. Dow started out in the red this morning but a turnaround from boeing definitely helped. Shares up almost 5 during the session tod
Other numbers, assets 116 billion, down 22 . The Company Stays on track to reach its financial targets for the year. Continue to look through here, fixed income markets revenue, a number that has been weak in many of the banks, 3. 06 billion, roughly in line with what analyst anticipated. The company said its Net Interest Margin came in above estimates 2. 95 , the estimate for 2. 88 for a big group like citigroup. Interest margin will be an important part of the overall numbers. That is what we have so far as we look at these numbers. One other number the equity markets trading revenue, which was expected to be in the area of strength for citigroup looks to be the low estimates, 653 million, the estimate was 739 million, that number, expected to offset some of the declines in fixed income trading, perhaps it would do that as we look through these numbers. Eric julie hyman with headlines on citigroup. Good morning. We have seen everybody but Morgan Stanley, which reports on monday. Gett
Let by industrials and health care. You have the nasdaq down for the first day. Frontier, trying to stem off customer losses after producing assets from verizon. The s and p. Half good and half bad. This is in my terminal. Half in green, the other in red. This push pull feel came from the cpi number. Down, the gasoline and real estate once you get through hurricane season, may be the numbers dont look as good as we thought. A little bit of lack of conviction. Fanny and freddie. You have a letter from six democrats to the federal Housing Finance agency asking for a buffer. Take a look at these stocks. That core cpi number. I want to end on oil. It briefly touched above 50 a barrel. We are right here at that mark. You have some of the other Energy Companies getting a boost from the oil rally. Julia i will pick up right where you left off. U. S. Inflation may be creeping back toward the Federal Reserve 2 target. Todays Inflation Report offers some relief perhaps. Even if inflation was mov
Level will on what mark the end of a three decade long bond run. Are or are we already in hibernation . The designated price tag accelerates. Volkswagen closes in on a deal to settle a u. S. Probe. What will it mean for the earnings . We are less than 30 minutes away from the start of the cash trade around European Equity markets. Were quite good. This was the European Market open. We have a deal in terms of getting involved in the construction. Haveean equity markets jumped back a little bit softer this morning. It really is a dancing moment. We will get the First Press Conference from donald trump. How is it he going to react from the news from the intelligence agency. For europe and the markets, it is about what comes next for [inaudible]n terms gmm and what is going on with the markets. And in terms of the positions that we have, we will get there. There we go. This is what you are looking at. Essentially the view is that on is there. Get on the trump train. Youll get smashed and r