None of them is it risk of overflowing the we begin with an escalation on campus at the university of texas. Hundreds of state troopers surrounding students on campus. Ive been told to leave immediately. But i, so if im refusing to define coles and sides, i stand and support palestine they want and immediate in to the board in gaza. So we have correspondents covering these purchase right across the United States. She pretends hes standing by at George Washington university in the u. S. Capital today, so far as live outside Columbia University in new york. But 1st its head over to how does your castro shes at that protest at the university of texas in austin. Heidi things really have rent up there in the last half hour or so. Can you just give us an idea of exactly what is happening there right now and just how tense it is heidi . Heidi i dont know if you can hear me, but uh we are coming to you live now. How do you can just give us an idea of exactly what is happening on campus at this
One stock that did not snap the streak was tesla. On the month, down by close to 20 . Down by more than 40 today. Lisa it has been kicked out of the magnificent seven. We have a company that is fighting a sentiment wave as well as the very real wave of competition in china during a fraught market for the electric a fraught moment for the electric vehicle market. Jonathan product release, competition in china, we are trying to figure this out. What is the tesla problem and what is just the broader industry problem right now . Annemarie you are seeing this ev demand around the world especially in china. You do see China National companies doing very well. The issue seems to be in other places especially in the United States. When it comes to tesla, the problems continue. Overnight we have an exclusive story about the newly formed Marketing Team part of those companywide layoffs. This was supposed to be to get the message out in advertising. When you saw the Inflation Reduction Act and ta
What a hideous session, lease for the bulls. What does it mean . It is gigantic. Bigger than the stock market when you lose interest, this is what you do. I like to be clinical. Why dont we do that. Samples of ample motivation for their actions. They have gone exceedingly well for Interest Rates. Much higher. Can earn 4. 25 riskfree. That is much better then it was a year ago. The yields are going higher for three reasons. First, the fed has not been able to fully get inflation under control and they have not done much for the economy. Meaning they have every incentive to keep it. Where are the layoffs . Where is the housing . Not yet says mr. Powell. Second, over the last to years, the federal government authorized colossal massive spending that needs to be financed with massive bond issues. And they dont care what kind of price they get for bonds. They have to pay the bills. There, the Federal Reserve itself owns 8 trillion in total assets down from 9 trillion last spring. But 4 tril
Aside at googles parent alphabet. Period of17 year long his Senior Leadership. Betty it seems like everybody is trying to ram and all the news before the christmas holidays. Catalonia, google, and of course the spending bill passing the house. All of that and stocks today rose, breaking the today losing streak. We will quickly pull up the boards and show you how the u. S. Markets ended today. The s p 500 slightly higher, and nasdaq also trading a little bit to the upside, but fairly unchanged. Investors trying to absorb what the impact is going to be from the tax reform package. Yvonne yes, just a moderate bounceback. We see some positives as we get closer to the christmas holiday. Lets look at asia, said to track the gains set to track the gains we saw on wall street. New zealand up. And we are Holding Steady. Australia, getting underway in sydney. 6100, it could be a big we will see if it reaches that level. 7702 for the aussie. Treasuries mixed overnight, the curve sharply flatter.
Rishaad going to bring you up some history. Another record for the s p 500 recordht good 2017s year does not necessarily mean that 2018 is going to be a bad one. Lets bring up for two to three. Ityou have a great year, means quite often that you will get not a good year the following. Thats the synopsis we have going back to 1938 todays game, not tomorrow spain. The s p 500 on track for a 20 increase last year. It was matched 20 times in the last 80 years. Higherck market was three quarters of the time averaging 89 return here in averaging a 9 return. Haidi what is incredible is that we are not seeing a rotation. Were seeing a continuation of the tremendous tech rally. Here in asia, we are picking up on that positive energy. Not just for the s p, but also records for the nasdaq. Depressing 7000 points. Tokyo still off until thursday. Asia markets feeling this positive start to the year. Japanese investors can enjoy their holiday a little bit longer. We do have docs continuing to gain a