I want to drive it all night long. Lauren welcome to fbn a. M. Good morning. Happy thursday, little friday. Im lauren. Cheryl all night long, youve got the markets trading a lot of action to get to. Good morning, im cheryl casone. Lauren lets take a look at how your money is moving this morning after nearly 1200 point rally yesterday, stocks giving some of that back this morning, dow down almost 400 points, one andahalf percent. Nasdaq down 146 this morning. Cheryl on the heels of 50 basis point cut by the fed, that big surprise this week, records this week on the 10 year. We are still below 1 on the yield. This is something else. We are down 7. 9 basis points this morning, incredible on the 10 year. Lauren opec meeting in vienna, the price of oil is down a third of 1 . Will they announce production cuts to boost that price . Gold up 1. 80 this morning at 1644 an ounce. Cheryl stocks in asia, the number of confirmed cases in china over 80,000, 6,000 cases in south korea consistent firm
Dead or has it just moved . The new claim that our neighbors to the north might be better off. It is friday, tgif, august 30th. Fbn a. M. Starts right now. Twisting, twisting, everybodys feeling great. Theyre twisting, twisting, theyre twisting the night away. Heres a man in evening clothes. How he got here, i dont know. Lauren welcome to fbn a. M. Good morning. Im lauren simonetti. Cheryl good morning. Im cheryl casone. Lauren lets take a look at how your money is moving this friday. Once again, optimism on wall street but not enough to erase the first down month for all three major averages since may. Cheryl we continue to watch the bond market for signs of a potential recession. The yield on the 10 year is higher by 3 basis points. Optimism for stocks, not so much for bonds. The yield at 1. 53 . Lauren the price of oil is down 43cents. Cheryl and stocks in asia closing out the week as you can see on your screen mixed with the shanghai composite slightly down. The Chinese Government