Dom chu is here with perspective. I dont know is the bottom line. I do know im not getting paid twice as much anyway, so but lets look at this. If you look at the s p 500, we screamed those Member Companies for stocks that have not participated in the rally but could be trending a little bit higher here. Remember, these are all stocks that have been big down movers over the course of the past year plus. 500 s p members, we looked at those ones within 10 of their recent lows, just hovering right around their recent lows, 52 week or otherwise, within 10 of their 50day average price, just to give you an idea of trend, and still below their longterm average price trend line. Again, still below the longterm trend, but going a little bit higher, maybe dead cat bounces, maybe not. But only 27 stocks in the s p fit that bill here. Among some of the highlights, most of them, the vast majority of those 27 are in the health care sector, whether or not it is pharmaceuticals or biotech, two bigger
Going on and Cherry Blossoms are blooming. Its one of the most visited times of the year for the capitol hill area. Im sure that thats being taken into consideration as well. In the control room if you can bring up the 10year yield and 2year yield that would be interesting as well to see if weve seen a little bit of safety there, that would be a natural reaction to whats been happening. The 2year had been going up after the sale. Auction came out at 1 00, highest yield of the year and i have not seen what its done since that time. Good point there. Were monitoring the report that gunshots have been heard in the Capitol Visitors Center which is as we mentioned a moment ago underground complex that allows entry into the capitol. All right, out of associate press, also from reuters, Associated Press quoting capitol officials, one Capitol Police officer, shot, not fatally, the shooter in custody. The Police Officers wound is not serious and that is obtained from the sergeant at arms office
Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen. And im wilfred frost. Great to be with you this morning. Lets get right to the Market Action. Were looking at gains for u. S. Equity futures following the lead weve seen in markets elsewhere around the world today. Almost triple dimgits on this friday for the dow. The s p up 12 points. The nasdaq up 31. This follows a day where markets traded in the red for most of the session yesterday. The dow seeing its worst daily performance since the 23rd of february. It was a disappointing day for markets yesterday. We are bouncing back, however, today. Lets look at the yield on the u. S. Ten year. Amazingly enough, it fell below 1. 7 briefly yesterday. Were back above that but only fractionally. For whatever you see of gains in equity markets today and in general over the last month, theres no doubt that is a relatively bearish signal, what were seeing in that yield compression. But the story of the week, of the morning, of
Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone remains in sharp contrast to other fed officials who during the past week were more upbeat on the committee and said the time is near to hike. We have more on the fed chairs cautious sign. The question is being raised has the Federal Reserve retreated from the rate rising regime. Markets from gold to fixed income to stocks reacting that janet yellen laid out an out look for rates today. She suggested greater gradualism is warranted in raising rates and emphasized the risk from Global Economic weakness to the u. S. Economy. Developments abroad implied that meeting our objectives will likely require a somewhat lower path to the federal funds rate than was
Tuesday, march 29th. Good evening. Welcome. The chair of the Federal Reserve meant what she said. The central bank will move carefully and cautiously when determining when to raise Interest Rates. Janet yellen cited a weak Global Economy. The dow gained 90 points. The highest close of the year. The nasdaq added 79 and the s p 500 rose 17. Miss yellens tone remains in sharp contrast to other fed officials who during the past week were more upbeat on the committee and said the time is near to hike. We have more on the fed chairs cautious sign. The question is being raised has the Federal Reserve retreated from the rate rising regime. Markets from gold to fixed income to stocks reacting that janet yellen laid out an out look for rates today. She suggested greater gradualism is warranted in raising rates and emphasized the risk from Global Economic weakness to the u. S. Economy. Developments abroad implied that meeting our objectives will likely require a somewhat lower path to the federal