Bloomberg exclusive, three hours to set you up, but first, a look at the markets. Yields moving higher from here. Mark lets get you up to speed. Futures on the front foot at the moment, firmer on the s p 500 after yesterdays alltime high. Look at the moves in japan. The nikkei up by two point five Percentage Points and it is a twoday rally up over six fourth Percentage Points. More stimulus potentially from the japanese government. The nikkei rallied and the yen declined. Weaker japanese yen and the dollar yen trading with a 103 handle an approaching one of four. Cable rates gaining as well. The pound doing very well. It is a firmer story for risk assets, but this is what i find the most interesting. We talked about highly correlated markets, equity markets at record highs and bond yields at record lows. Today is different. Equities on the front, bond on the back, little defensive. Yields going much higher. 30 year yields up seven basis points. Yesterday, there was an auction of threey
Trading day in the u. S. , lets go to julie hyman. Julie records once again. I missed it yesterday. The s p is at a new record. The dow made it there as well. If dow rose above the record they hang onto gains today, it will be at that level. Number two rise above. The rally continues not just in the u. S. But around the globe are in globe. The nasdaq is now positive on the year, which is remarkable when you consider the underperformance earlier in the year. The dow and s p are each up 5 year to date. Asset ledsort of risk rally. They are doing better today youve got to sleep green. Typical, economically sensitive groups like tack are leading the gains at the moment. One of those is alcoa. They are out with numbers. They beat estimates. Though shares are on the rise. I went out of order there for a moment and they are up 3. 5 . Things they make from. Airlines are also rising. American has a new multiple provider with citibank and mastercard. Thats going to add 1. 5 billion dollars to it
Equities. This morning again a rally you see across the boards in some of the markets. Rather steep. Nothing compared to the losses weve seen over the last two sessions. Italy up about 4 . Spain up 3 . Remember friday the markets were down double digits. This morning the dax is higher 3 . The kcac. In is where things have gone haywire. Central banks have been watching closely and traders as well. The pound is down. You can see this morning the euro is pretty steady at 1. 10. This morning the yen the dollar is up against the yun. Finally take a look at crude oil. That is also a rebound to 47. 55. Here are the big stories watching today. Vocati volkswagon is expected to pay 15 billion dollar. Expected to be filed in court today. It will include 10 billion to repair or buy back 475,000 cars equipped with two liter engineers. Owners will receive up to 10,000 in compensation. Vwwill pay 2. 7 billion in fines. Lyft has settled litigation. The Ride Hailing Service accused of breaking confiden
Viewers this morning. My name is frank salufo. I direct your center for im really excite d for what wil be a rich and long day covering a whole host of issues that our center zeros in on ranging from counterterrorism to Homeland Security to cyber to obviously the integration between federal, state, and local and obviously with the integration between the public and the private sector as well as some of the international issues. Couldnt think of a better time to host this than sunday was the fifth year of our successful raid of Osama Bin Laden in abbottabad in pakistan and obviously serves as a good time to sort of take stock in terms of where we are, how the threat has changed and what sorts of capabilities and capacities we need to be able to get ahead of the curve. Our conference is titled securing our future, and it is meant to be a strategic set of issues that looks across our various portfolio issues. Let me ask everyone to please put their phones in quiet mode and, when you do ha
When a cyber attack rises to level of warfare. Would require policymakers to consider the ways in which can the damage from a cyber attack to a conventional attack. It would require the definition in its law of war manual read more at the hill. Com. Back up on the hill today capitol hill Coverage Today of the centers for medicare and Medicaid Services and how her implementing new rules for physicians payments under medicar the the acting director would testify and our live coverage starts at 2 00 p. M. Eastern here on cspan 3. More now from this conference on National Security and counter the the department of Homeland Security talks about deputy secretary talks about efforts to increase Cyber Security threat information sharing between government and private sectors. And public and private sectors talk about what they are doing to encourage cooperation in combatting cyber threats. Good morning, and if i can welcome everyone to the campus at George Washington university, thanks for tak