Worst down by 1 the nasdaq off by. 6 . The s p down by. 50 lets take a look at treasuries now. You can see at this point the tenyear yield at 4. 68 yesterday on that data that we got at 8 30, the twoyear moved above 5 we have the pce number today squawk planner two reports before the opening bell chevron and exxonmobil in the next 90 minutes. You see two big interviews after those reports. Darren woods will join us at 7 30 eastern time this morning chevrons c, o mike wirth will be on at 9 45. Po we will get key Economic Data at 8 30. Core pce is expected to rise without food and energy. That is down from the february reading of 2. 8 . U. S. Secretary of state Antony Blinken meeting with xi jinping. He told xi there has been progress since the meeting with President Biden back in november there are still many issues that need to be resolved. The meeting comes as u. S. Officials have been raising concerns about chinas economic assistance to russia earlier in the day, secretary blinken me
Directions but we are truly fortunate to have rob joyce in his place. For those that dont know rob, rob is the cyber lead at the National Security council. Hes the socalled cyber czar, the coordinator for all things cyber. He comes to the white house from the National Security agency where among other roles he ran t. A. O. Which i think has gotten a little more noticed in recent years and there was a time we couldnt even mention that, but rob comes to this job with true professionalism. And he has a natural ability to translate sort of those ideas into policy and the like. So rob, thank you for doing this, especially at last minute. I thought wed start with a general question. The executive order promulgated in may. I know a lot of homework items were due early september, late august. Can you sort of give us a sense of where we stand and i dont expect you to break all news in terms of what exactly was provided but tell me where things stand and in particular, just because its been a co
Kind of a mix. Spain and france both slightly in the red the ten year note yield holding firm around the 2. 2 or so percent. You can see at the bottom of our screen weve gotten that news. Equifaxs stock had been halted. Rick smith announcing he will retire as the companys ceo. Want to get more details on when that retirement is coming, whether its immediate or not. Of course, hes been undergrea pressure given the huge breech there for some 143 million or so potential accounts that were compromised. Some might wonder what took so long. Yes. Already two Technology Executives left the company the week before last the stock has been in pretty much free fall today its been characterized as retirements as well its a couple of weeks ago saying he certainly shoulding fir should be fired. He has been dismissed. Take a look at the press release. Im not clear as to whether effective today okay. Thank you. Mark felder, current board member mark felder is now chairman and there is an interim ceo. T
Talks about the first thing he changed when he took over, it all has to do with the culture. We begin this morning with a look at todays eye opener, your world in 90 seconds. Imagine this scene is being replayed across puerto rico and the need is so desperate. Puerto rico may rise again but theyre going to need a ton of help. Puerto rico pleas for help. That power in communication situation in the u. S. Territory is dire. President trump continues to defend and attack his nfl players refusing to stand for the National Anthem. The National Football league want to take a knee, they should take a kneel at night every night and thank god in heaven donald trump is president of the United States. The ceo out is out. Announcing his retirement after the data breach that exposed nearly half of all americans. The gops latest attempt to pass the Health Care Bill appears to be dead, at least for now. Any rational human being would vote against this monston tri. Weve not declared war on north korea
In sox appears to be accelerating, tied to disappointing earnings news. It is pushing the individual stocks down and the various averages down as a result. It is a broadbased decline, the dow jones doing the worst out of the three major averages and a steep decline in the dow jones transportation average, down one and a quarter percent. It is a combination of earnings and other factors. Alaska air saying costs will be probably higher than investors expected. Costs for the Current Quarter will rise 1. 5 . Nalysts had expected a decline American Airlines being called out by the naacp, issuing a travel advisory against the pattern ofiting a disturbing incidents reported by africanamerican passengers. The company and representatives of the naacp have said they are going to discuss this. Norfolk southern numbers beating estimates. I was just emailing with Bloomberg Intelligence who covers the stock. The eps actually missed by a penny. That could be parsable he partially responsible for the