Familiar. Good morning. To fbn a. M. Good morning. Im cheryl casone. Lauren good morning, im lauren simonetti. Cheryl lets take a look at how your money is moving this morning after markets jumped 5 yesterday after promises of stimulus from Steven Mnuchin and the president. We had been limit down overnight at one point. U. S. Futures are in theory going to be limit down again before we open today. Dow is down almost 4 , 821 in the premarket, s p is down 92 points, 3. 69 , nasdaq is down almost 4 andahalf percent. Lauren the 10 year treasury yield moved up 36 basis points yesterday, its up another 11 right now, 1. 192 because there is to much government supply at the moment. Cheryl were looking at oil, because we continue to see pressure in that market. Fears of a global recession, more and more analysts talking about that, that is putting pressure on oil once again, a 2 drop in crude, below 30 bucks, 26, 37. Gold, usually a safety play, its down about 2 . Lauren nervous investors tryin
I think theyre all feeling like friday these days. Welcome to fbn a. M. Im lauren simonetti. Cheryl yeah, lauren, hey, good morning to you. It has been a volatile week, a crazy week for investors. Governing, everyone, govern,d morning, everyone, im cheryl casone. It could be limit up today in the futures market, the sips close to that level, 2534 is the level. Watch for that number. All the averages are down for the week but right now the dow is up 824 points in the session, s p up 104 and change, nasdaq is up 355 points. Lauren i will take it. Lets take a look at commodities this morning. Oil prices, 26. 78 a barrel, a gain of 6. 2 . Gold up 2 at 1508 an ounce. Cheryl we have seen historic moves in the 10 year treasury, in the bond market in general. Take a look at this. We are down 11 basis points, the yield is 1. 048 . Thats actually a good thing for a lot of Bond Investors out there. Lauren major bounceback in asia, if you take a look at the kospi, sold off yesterday, up 7 andahalf
Your love keeps on lifting. Lifting me higher and higher. Your love keeps on. Lauren welcome to fbn a. M. Good morning, im lauren simonetti. Cheryl im cheryl casone. Were trying to lift higher but no luck so far. Lauren monday, th the dow s down 335 points in the premarket, nasdaq is down 120. Yesterday the nasdaq had the biggest point gain ever. Cheryl the Oil Price War continues after yesterdays 10 rebound. Oil is under pressure now. The contract is down 1. 31 . We shall see, though, if the russians come back to the table. Lauren and we see how nervous investors are by looking at the yield on the 10 year treasury, it is down 7 basis points this morning. Cheryl adidas will lose more than a billion in Greater China sales due to the coronavirus. Were watching headlines. There were red arrows despite u. S. Markets gaining. Japan and south korea the two hardest hit markets there. Lauren were watching stimulus responses from governments, in london the bank of england cut interest rates, th
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
Gonna happen in the city. Be with my girl, shes so pretty. Lauren i think everybody has friday on their minds today. Welcome to fbn a. M. Im lauren simonetti. Cheryl glad its friday. That is for sure. What a week. Good morning, everyone. Im cheryl casone. Lauren you know what, the selling is not over yet. Take a look at how your money is moving this morning. Just to remind you, we had the biggest point declines ever yesterday, the dow and s p in correction territory. This morning, dow is down another 450 points, s p down 51, nasdaq down 165. Everybodys looking for the bottom of this market. Cheryl we had a major selloff in oil yesterday. Take a look at that right now. That selling is continuing. Look at oil right now, down almost 4 , again, the concern if youve got a global recession on your hands, you are going to see crude demand fall and that is what were seeing in that contract. Whats interesting here is gold is actually down about three quarters of a percent. We had seen gold risi