Week on from the beirut blast cleanup efforts reveal the extent of the damage. Growing concern over russias Coronavirus Vaccine germany says the product must be safely tested before being made public. At reports of a social media posts considered offensive to islam sponsored violent protests in southern india. And in sports the European Champions League returns to action with an all new 4 much 8 same dream portugal for knock out so one of them that will decide this season is once. We begin this news with the latest fallout from sundays disputed president ial election in baylor reuss state media is reporting that several protest organizers have been to rest is in minsk brings the total number of opposition supporters to tame to more than 4000 the country could now face sanctions because of suspected. Vote rigging a violent crackdown on demonstrators is e. U. Foreign ministers are expected to be on friday to discuss what action to take thats take you live down to bins as you saw just you
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
Pressure well dig into that. Power lunch starts right now welcome to power lunch stocks are at record highs the dow back above 28,000. 28,012 right now while the s p and nasdaq notch new records check out some of the new names hitting highs today. Jpmorgan and fresh records there while General Electric is at its highest level. Melissa. Driven by merger mania. A market responding positively to a flurry of deals this monday starting with Charles Schwab just one month after both brokerages eliminated commissions and a luxury you have lvmh growing its empire with tiffanys, 16 billion. Also a way to increase its exposure to china. Ebay is stelling stub hub. In total, four big deals, 56 billion in deals announced just today. Theres a common thread. First lower rates to take out debt to fund these acquisitions. Third, the prospect of an Elizabeth Warren presidency. Thats enough for a reason for some of these companies to put money to work now versus later were looking at the s p at a new high
In the latest Earnings Report . Details ahead. And twitter mrs. Thirdquarter revenue estimates. We find out why new user growth did not translate into ad sales. Facebook dominated of the week in tech with Mark Zuckerberg defending his social network before congress on wednesday. What was scheduled as a hearing on the Cryptocurrency Libra also included issues like antitrust and privacy. Is in a currency . Are you a bank . What is this association . It is a very complex project. And as you say, it is risky. Do you consider libra to be money . I consider to be a payment system. Its like me having my money in wells fargo bank. You could think about it that way. The we are not a bank or applying for a bank charter. That is the problem. Thats what were facing. We are not going to launch the system here or anywhere else around the world until we get approval from relevant egulators. The american competitiveness angle and cognition with china is a National Security issue. In china, especially
In the delivery payoff latest Earnings Report . Thirdquarterssed revenue estimates. Why Revenue Growth did not translate into ad sales. Facebook dominated the week with Ceo Mark Zuckerberg defending his social network before u. S. Congress on wednesday. Scheduled included a huge antitrust and privacy. What is this association. Its a complex project. Do you consider libra to be money . I consider it a Payment System. Its like me having my money in Wells Fargo Bank . You could think about it that way. We are not applying for a bank charter. That is the problem. Facing mywe are commitment is we are not going to launch the libra Payment System until we get the approval from federal regulators. Cooks the competition with china is a National Security issue. In china especially. They kicked off their Publicprivate Partnership in systemo raise to build a like this quickly. Will it be possible to conduct anonymous transactions . It is an open question. Its pretty hard to stop anonymous trading.