Im seema mody in for sara eisen. It is Throwback Thursday we are throwing it back with the clash i fought the law. In honor of martin shkreli, perhaps. I think so. I have a feeling later in the show, given l. A. Being awarded the olympics, well go back to california themed songs. Lets check in on markets. Slight gains yesterday it is a ha behas been a decent k five positive sessions out of six for the dow. We had a good start to the week. Its managed to hold on to that. Yesterdays gains were not particularly pronounced. Today we are called lower only fractionally in the premarket. Down a point or so for the dow tenyear treasury note, back above 2. 2 very briefly closing just below it thats where we remain at moment, 2. 194 given that last week, we touched 2. 05, its been a marked increase in yields with that we have had an increase in the u. S. Dollar as well now to asia, we did get a barrage of data from china mostly the data came in weaker than expected. Fixed asset investment, facto
Fortt, seema mody joins us this morning at post 9. We begin the hour with some breaking news out of disney. The company saying the board of directors has extended bob igers contract as chairman and ceo to july 2nd of 2019. Orrin smith is the independent lead director. He says given bob igers outstanding leadership, his record of success in a changing media landscape, and his clear Strategic Vision for disneys future, it is obvious that the companies and its shareholders will be best served by his continued leadership. I think returning to Julia Boorstin on some of this as we make sense on what igers going to be around for a while, julia. Thats right. Theres been a lot of talk and speculation about who was going to replace bob iger when his contract expired at the end of june 2018. And so, the fact that this is being extended for a year is not a big surprise because there was no obvious successor for iger. There is also the fact that disney has done phenomenally well under his leadershi