Im a total loser. Im with you. You are with me i didnt mean it with me. Sounded just like you did lets look at futures, of course speaking of exciting, our markets have been exciting lately a higher open this morning after that turnaround yesterday, european markets and well answer and assume well have spain and italy in there there they are all down this morning. Spain the worst performer of those european markets the 10year note yield was a concern. The budget deal exacerbated concerns about a growing deficit. Will we be able to finance it without rates moving higher . Whats the feds role going to be there you see it 2. 866 is the current number. Lets get to the road map. It starts with the stock market seeking stability after those recent very volatile days. A higher after being in the red for most of the morning. Twitter shares are up more than 25 right now in the premarket the social Media Company reporting its first ever net gaap. They didnt fall into the gap any soared into the
Im seema mody im dominic chu we are seeing green this morning, a nice reversal from yesterday. The s p is latslated to open 1 points to the upside the dow slated to open up about 130 points, the nasdaq by 35 also checking in on whats happening with the tenyear, 2. 8 4 we see 2. 835 the last trade of the tenyear a key piece of inflation data out today, the Consumer Price index could have an effect on that bond market lets check the temperature overseas in asia stocks are relatively higher with japan being once again the exception. Thats on the back of a rising yen which is at a 15month high against the u. S. Dollar. We also got data out overnight in japan, growing at a pace of 0. 5 last quarter, thats slower than expected, but still its eighth consecutive quarter of growth hang seng, shanghai composite and kospi seeing gains of 1. 2 the hang seng helped by tencent shares a lot of these tech names in asia that sold off last week did rebound overnight. Eurozone gdp hitting the tape, up 0.
This is the cbs evening news with jeff glor. Glor good evening. Were going to begin tonight with a dramatic rescue operation near the top of mt. Hood in oregon. A climber fell several hundred feet in treacherous conditions today at the most visited peak in the u. S. Fellow climbers were scene performing c. P. R. , another waved to a rescue chopper. Shortly after, a rescuer was lowered. A number of hikers remain stuck on the mountain tonight with more rough weather expected overnight. Amy frazier of kointv, our cbs portland affiliate is at mt. Hood. Reporter jeff, there are at least seven climbers who are still trapped on mt. Hood. Rescuers from all over this area are headed to the mountain. More than 40 people helping with this rescue, and its a race against time. Scaling the hogsback trail, the first climber was close to the 11,000foot summit of oregons toughest and highest peak when he plunged nearly 700 feet down the icy mountainside. Other climbers on the trail immediately began si
Course, after a nice move yesterday, up moving along this market if you are happy about it european market, you asked and we answered. Spain and italy which we like to look at it as well one of the foreign markets the only good over night was the opening. I am not kidding. The olympics were good. 10yr note yield is the focus, 2. 84. More than we were yesterday. Tomorrow is the key question. Look at oil though you know stories today, well be the largest producer, bigger than saudi and russia. It is true. 10 Million Barrels a day and there is no place to put the stuff. There is not i know. The government relyinquishreg it is hard to have a lot of inflation and oil is considered one off. Thats ridiculous. It is important of the whole foods chain of every aspect. What people have been saying is expensive. I appreciate that now, i need to get to our road map. Wild ride market if you take what the futures are telling us in the early going here under armour sales the shares are doing somethin
Good afternoon, glad you could be with us on hour one of power lunch. Im Tyler Mathisen the dow on track for its first fiveday winning streak of 2018 after that historic january. The dow, that index along with the s p on pace for the best weekly gains now best weekly gains since november of 2016. The nasdaq on track for its best weekly gain in nearly three and a half years now Cisco Systems rallying on its earnings beat, teva pharma soaring on news Warren Buffetts Berkshire Hathaway is going to take a stake there and trip advisor is higher. The company be buy back stock and gave an upbeat forecast. And for more on these markets, lets go down to the New York Stock Exchange Bertha Coombs is here today standing by. The dow trading above 25,000, the s p above 2700 the nasdaq recovered three quarters of the losses trading above 7200 the fiveday winning streak is putting these indices on pace for their best weekly gains in forever. Take a look at the mass in dnasq its up over 4. 5 , thats th