Of this bearish bond market. The increase in the Interest Rates has created havoc among multiple fronts, like a giant grim reaper that cuts down sector after sector. Thats how you get days like today. Which at one point was so ugly but rebounded at the close. Dow finished off. But nasdaq held up, finishing strong. Keep that in mind, plus seven. Well have to spend time on the nasdaq, it was truly incredible. But the damage can be extreme. Comstock, on many times. American electric power. Great location, and what happens . Aep turned out to be piggybacking off the bond market. Now its gotten double whammy. The company is always financing and paying out generous cash to the shareholders, meeting air quality demands. But with the collapse of the bond market, a fine company like aep has seen his stock obliterated. The house of pain. You cant escape the grim reaper of higher bond yields. Kellogg, this north American Cereal Company and kellanova for snacks. Theyre taking it on the chin from t
Which was fulfilled, and then it turned out that it was just stalling for time and for how many years these negotiations had been going on for so many years, belarus provided the platform with its premises and territory, yes, its politicians, please, guys. Negotiate we are ready. Were ready to help. And here is the situation with the langer. After all, if alexandru had not intervened , i dont know how everything would have ended there, that is, belarus is a very peacemaking country thanks to your president , we bow down. We respect you very much. We brought him a gift from donetsk from the unconquered donetsk, there are cartridges from these cartridges, our blacksmith. We have many master blacksmiths, so they know how swords are melted down into plowshares. Yes, as they said before, here they are from these cartridges do. Hmm roses, symbols. Donetsk is , after all, a rose. In our time, when donetsk was a millionaire city and Vladimir Ivanovich degtyarev was the first tsar of the region
Ability to prove their case. The attorney general for the antitrust Division Last week gave a speech outlining his slews. In it he said he said the behavioral remedies were largely ineffective measures that said, so as far as not a single state attorney general has decided to join this case, and at t said said in a statement, quote, its a rad canned a inexplicable depar. Vertical mergers like this one are routinely approve, because they benefit consumers without removing any competitor from the market we see no legitimate reason for our merger to be treated differently. Now at t and time warner will be holding their own press conference in about po minutes, melissa. Do we have any color as to the actual basis of the lawsuit . What they say is its all about the consumer this deal in particular would harm the consumer, would raise prices on the consumer, limit the amount of content they have access to as a result of this deal they are using the same principles that are oftentimes used in
Were going to tell you about the new drug trial results weighing on that company today. Guess how it went. Well, it went well for someone else yeah. Exactly. Box office blues Movie Theater stocks are getting crushed again today. Six superheroes cant even save those shares being very opaque here but well explain coming up in a little bit. First, breaking news, just this afternoon on fed chair janet yellen, our dom chu has more on the story. All right, so guys, Federal Reserve chairman janet yellen will be leaving the fed completely in february and this is what some fed observers say is no real surprise. Fed chair yellens term as chairman expires in february we know this and President Trump has already made his pick to be the next fed head thats current fed governor Jerome Powell, of course, pending confirmation by the senate there had been some speculation around the notion, perhaps, yellen would maintain a presence on the fed board of governors since her term adds a governor of the cen
Earnings Angela Merkel says another election would be better than a minority government. The fdp tells cnbc that the political deadlock is due to the chancellors unwillingness to compromise. Robert mugabe faces impeachment as zimbabwes political crisis stretches on. The countrys ousted Vice President hails a new era for wh the area good morning one hour into the trading session. We had a strong session overnight. Nikkei up 0. 7 another strong session for hang seng led by tencent. Things in europe are looking soggy this morning a bit more sea of reds than yesterday. That points to the soggy open for the euro stocks index, almost down 0. 2 this is in contrast to the price reaction we saw in stocks indices yesterday, despite the breakdown of German Coalition talks. Ftse a lager down 0. 1 of course all eyes on the budget tomorrow, and what mr. Hammond has to offer there today a couple members do speak at the treasury select committee. Dax, soggy day, almost down 0. 2 reacting to some of th