Mornings on 2. There is a definite chill in the air. Welcome to tuesday, i am steve. Keep the coal going and i know you like that. We do have a nice sunrise some clouds around, mostly sunny today. It will be nice nice, nice and very nice. Ambrosia right . That is correct. David pack i do believe david pack on vocals . Yes, yes. Going back a ways. Yes we are going back a ways. Thank you for that. Mostly sunny, breezy and nice. There it is again. 60s, 70s, we are running well below yesterday at this time. Double digits cooler for many and as much is anywhere from 10 to fifth teen degrees lower today. Around the bay, 70s and bodega bay, 60, santa cruz, 76. A little bit of cloud cover coming down out of the northwest but it is a dryer air moving in. There is another system which will be here tomorrow and i think we will get a little rain out of this. There will be some mountain snow. Todays, 40s, 50s, mostly sunny skies, the breeze will pick up a little bit later and we have another system
Its the biggest gainer of the major averages look at treasury yields, this is where the action has been. Yesterday the twoyear sitting at the highest level since 202000 the tenyear at the highest level since 2014 the yield on the tenyear is 2. 632 couple big stories were watching, the u. S. Government is officially reopen for business after President Trump signed a bill to end the shutdown hundreds of thousands of federal employees will return to work. The bill funds the government but only for 17 days its the product of an agreement in the senate to reopen government and tackle immigration within three weeks well watch that its a busy day for ponentse the opening bell Johnson Johnson, Procter Gamble, travelers and verizon. We will hear from capital instruments and united netflix shares are popping the streaming company adding more global subscribers than expected in the latest quarter heres what Reed Hastings had to say about what is driving growth the real driver is to make the big t
Cramer and david faber. Netflix surge. Stocks open higher as a big beat. Shares of Goldman Sachs are falling in the premarket despite what was an earnings beat. Dropping plans to replace obamacare. What that move means for the rest of the trump agenda, issues like taxes and trade first up, netflix is poised to open at a record high. Sub growth coming in much better than expected in the Second Quarter. That news overshadowing the earnings miss. Reed hastings on last nights Earnings Call. Anything notable beyond 5 million net ads in q2, alltime record for q2, up sequentially from q1. I think were seeing the rewards of doing great content, focused on the quality of the service are paying off. More than 1 million added in the u. S. Alone estimate was for like 600 k. People are wondering whether or not the shows are pulling subgrowth demand forward well see. I have to tell you this is one where i really this was a joyous Conference Call it was a great presentation. I found myself uplifted.
Is expected to touch on this evening in the state of the union. Lets check on u. S. Equity futures at this hour. Youre seeing implied open for all major averages here. S p 500 would open up by 8 points. Dow up by 50 points. The nasdaq up by 21 points and a lot of that is based on firming in the markets over in europe. Better than expected gdp numbers out of china and of course thats helping move Global Markets in a vastly different direction than we have seen for much of the month. Breaking news overnight too. Isis releasing a video early today which has been verified by nbc news consultants. It shows two japanese hostages and the now notorious isis militant seen in previous videos. Hes now demanding 200 million from the japanese government within 72 hours or the hostages will be killed. Japan reacting with anger demanding a release of the hostages and saying it will not yield to terrorism. Quite a stunning release of this video and looks similar to past videos released from isis that
Is going to move back up to the 60 to 80 range then certainly Second Generation ethenol will continue to move and i see investments coming into that area. A different story for s. A. P. After slashing its Profit Guidance for 2017 due to trouble with its cloud transition but the ceo tells cnbc that revenues are on a steady path. What i wanted to model for the investors is show them that the core is still going to grow. That cloud will grow even faster and the Business Model makes its full transition will you have more predictable revenues after 2017. Now our attention turns to Morgan Stanley. Earnings taking center stage in the u. S. After the Holiday Weekend with investors honing in on fixed income and the banks commodities business. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. And to our top story, chinas Fourth Quarter gdp held at 7. 3 growth year over year. While the reading wasnt lined with Third Quarter growth missed the official target for