All 11 s p sectors were negative today. Four big factors weighing on the market, a new record for coronavirus cases, no stimulus we are kicking off the busiest week of earnings, and the election just eight days away. Should investors pare their risk right now . Still, well start with you. If you look at the trend since mid july, we had an up ten, down ten, up ten, now weve pulled back about 5 this is a range around urn certainly. The companies that will report later this week with the big ice on thursday, you name it, thats coming out in terms of where the megacap market tech has been eu putting in additional q curves these are headlinegrabbing dynamics that the market will feel the weight of weve been digesting the stimulus talks for weeks, if not a couple months. I think the market is rangebound. I think traders dont feel like they have to put capital to work before the elections, but i think largely the same backdrop is there were going to talk about the tenyear bond and bond yields
Lower on concerns about the health of the u. S. Economy and a number of new bearish notes from new wall street firms hurts the sentiment further. Lets check in on the biggest losers in the dow, which as morgan just said, is down sharply, near session lows, which were 462 points. Its currently down 410 points, as you can see, pfizer down 4 Goldman Sachs down 2. 7 cat down healthily 2. 56. The 30year just hit a yeartodate low of 2. 117 t the. Joining us for the full hour, victoria fernandez at cross mark global investment. Thanks for joining us. My pleasure when you see yields slip like they have done, like they did last week, does it make you want to press the sell button for broader u. S. Equities . We dont want to sell we have that longer term outlook. We think theres a lot of volatility going on and thats going to continue to play out. We are looking at these treasury buys, not just from Short Coverings but outright buying as well but i think you stay invested at this point there we
[000 00 00;00] with this is boom, bought the one bit show you care. The fordham it brings you more. Can i make it . Love is in washington coming up. It may be a new month, but its more of the same delay for the north, you and your pipeline. Well take a look at how tensions over ukraine are impacting the state and the completed project fly. All eyes are on opec loss, as it will. Prices remain your 90. 00 per barrel. Good. The car solid ramp up production that had a schedule for this guy. Then could the Federal Reserve raise Interest Rate sab been times this year. Well bring the latest connections with analysis. Got a lot to get to get started and we leave the program with the latest on the fate of the nordstrom to pipeline a mid another day of tensions in the u. S. Ramps up are possible military conflict with russia. The president of the European Commission said monday that the gas pipeline from russia to germany has been put on hold. And the commission is looking into the projects comp
The Largest Holding company can produce farmers cottage cheese, farmers milk, but actually misleading our consumer, so farmers come first they are asking to define this concept, the chairman of the Council Federation has not set out such a task. In the draft law, which has already been adopted in the first reading, the amendments that are coming, this concept appears. Secondly, we must understand that for a farmer the cost of production will always be higher than for a large agricultural holding, therefore , in order to compete with large producers, he needs just this protected concept, which would give him a certain advantage and preferences. Secondly, we need an infrastructure that would helped. The farmer, producing products, ends up on the shelves of large supermarkets, and here, i believe, our work is those Pilot Projects that are taking place today in the lipetsk, tula region, they, in general , were able to turn the situation around, farmers have always been very wary of network
Of a percent. Back at home, the stock to watch as netflix. Its happening. It all happening. It all leads back to here. Lauren helped by hits like Stranger Things, netflix earnings matched expectations as the stock stories 8 . Fbn am starts right now. Cheryl 5 01 a. M. In new york. Tuesday coming january 23rd. Good morning. Im cheryl casone. Lauren im lauren simonetti. Still havent watched Stranger Things. Stranger of a person whose needling you to get to watching these. Lauren i am still watching narco season two. The Government Shutdown is over. Resident transcending the stopgap bill into law after democrats and republicans agreed on temporary funding for the government. The president tweeted by snake on the big win for republicans as democrats cave unshed towns. Now we wanted date when, but especially great military and Border Security should be able to get their. See you at the negotiating table. Cheryl adam shapiro in washington with more. Good morning. Crisis averted for now. The