Highs. If you look at what is happening with the treasury market, this is the one to watch as we get the cpi later this morning. Yields are lower. Tenyear yield at 4. 09. Twoyear yield at 4. 53 . If you have been watching the price of gold, that has hit a new high yesterday. Bitcoin is flat. Just below 7 72,000. Lets talk about the concerns at boeing. Faa saying during the audit, it found multiple instances, many, in which boeing and Spirit Aerosystems failed requirements. Now the report is revealing details of the issues citing materials from the slide presentation that it reviewed on it. Reports said boeing failed 33 of the 89 audits that looked at aspects of the production process. Spirit aerosystems failed 7 of 13 such audits. At one point, the faa observed mechanics using a Hotel Key Card to check a door seal. It showed mechanics applying a liquid dawn soap to the door as a lubricant and cleaning with a cheese cloth. When asked if these were appro appropriate, the representative s
For all the stocks. Looking at where the aussie dollar is, 65. 7 two cents. when it comes to ethics. The yen holding steady. Brent crude is just shy of 84. The energy names across asia, concerns continue to weigh on the demand side for oil looking like we are setting up for the weakest week in Oil Prices Since february as u. S. Inventories way and i miss concerns about opec policy of maintaining their stance, impacting these concerns about supply and demand in the market, belle. Annabelle yes, and also we have at the start of trading for korea, as we come online this morning. Japan is shut for the public holiday. We are posting gains at the open. A bit of curry on one strand. The dollar having its weakest session overnight a bit of strength for the korean won. What is playing into the theme for korean equities and was can play into the sea is that apple numbers. Lets look at how the some of those supplier stocks are coming online this morning. We saw the jump in late trade in apples a
This is cnn Breaking News. We begin with Breaking News from hollywood. The Writers Guild of america says it has reached a tentative agreement with Major Television and film studios. That means that after nearly five months, the Writers Strike that brought the television and Film Industries to a standstill, could be coming to an end. Writers could return by thursday, before the terms are trat ratified. The use of Artificial Intelligence was reportedly one of the final sticking points. This could pave the way for hollywood to restart many productions that have been halted since may 2nd. Cnn media critic brian lowery joins me more from passenger. What more do we know about this . Did everyone get what they wanted . Well, we dont know the details. But they did put out a statement calling the deal exceptional and saying, basically, that there was something for everyone in the guild. Thats not a small thing. The guild represents a diverse collection of writers. Everything from veteran show r
Things right in the winter. Trading, 30ities minutes from the friday session in end. Stocks higher today after dropping for a third consecutive month, the worst stretch since february of last year with the index on track for a weekly gain after falling last week. Likex market is looking this with sterling rising against the dollar and these other currencies falling with bond yields gaining and commodities the final u. K. I data out of orders andxport domestic demand with Companies Reporting the strongest intake of new order since they were bolstered by the weak sterling, the currency depreciation. Also it is contributing to Purchase Price gains, accelerate for the first time in seven months but at a slower pace since the start of the year. Overall growth slowing in the first half of the year as Consumer Spending some boe policymakers calling for a rate increase to keep a lid on above target inflation. That is the data highlight in the u. K. Sterling in august, worst month against the d
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