Testing limit down down by 5 as far as they are allowed to trade down before the open the number to watch this morning is down 136 for the s p. We have touched those lows and bounced off. We are not far off dow futures are down by 4. 74 . Nasdaq down 4. 6 after the opening bell, there are other Circuit Breakers you with watching. They would be kicking in with trading halting over a period of time down 7 this morning if that were to happen, youd see a 15minute halt after trading started. Next is if markets dropped by 13 . Then the third level is after 20 . That would be a halt of trading for the day. We have not seen these tested since 1997 until the last week of trading thats what we are watching so closely. If you take a look at the treasury market, you see the 10year note is 0. 71 . We got back to. 8 or so yesterday. With the yield, i was hoping they would have sold off talking to folks yesterday worried about what looked like it was better than going and maybethere could be problems
Ignorance in the rank and file over that 737 max jet. Why mcdonalds is looking to sprinkle a little msg on to its Fried Chicken sandwich all that as we begin Worldwide Exchange right now. Good morning welcome to the show, im dominic chu. Here is how we are looking to start your morning off with fresh alltime highs the dow would open by another 23 points the s p and nasdaq hit record highs yesterday. On the bond side of things, we are looking at yields coming down slightly. 10year 1. 839 2year 1. 745 . We look at the asian trade nikkei up. Hang seng down similar in the shanghai composite. India is up one quarter of 1 . We are seeing a little positivity german dax up. Ftse 100 almost one half of 1 the cac almost flat. It has been moving between major losses in europe four major headlines looking to dominate as trading begins today. New developments as the Treasury Department lifts the label ahead of the big deal signing. Earnings kick into high gear as three big banks are set to report e
wondering what this balloon is after. this spy balloon has been over uss space at least two days now. it is a chinese government, high-altitude balloon that s being seen in videos like this one from montana posted on twitter. officials believe the spying balloon have been flying over sensitive military site to try to gather intelligence. montana is home to the air force space. that had one of the country s three nuclear missile silo fields. president biden did not response to shoutout questions about the balloon today. thank you. the pentagon press secretary did issue a statement confirming the balloon is being tracked and adding that it is, quote, currently traveling altitude at well above commercial air traffic and does not present military or physical threat to people on the ground. the senior official says it is not the first time these kinds of spy balloon have been seen over the u.s. it is obviously a diplomatic issue coming days before secretary state antony bl
Another 32 points. The nasdaq looks like it would be down by 123 points. Again, this is across the board some rough times. If you thought you were going to see a rebound this morning, its not happening, at least not yet. Part of the reason what happened in china. Joe mentioned the shanghai composite plunging to a fivemonth low. Its now giving up all of its gains for the year. That decline of 8. 5 that came today follows a 4 decline from friday. Again, it has been rough. It has been difficult. Weve been watching what chinas trying to do. There is a general sense of not only a slowdown in china but also the idea that the Chinese Government may be losing control. Many investors had been expecting beijing to unveil more policy support over the weekend following last weeks 11 drop for stocks, that didnt happen and the disappointment over the lack of a move is evident. It is one of the big reasons for todays more than 8 drop. The rest of asia also closing sharply in the red. Take a look at w
World. Im natalie allen. Im George Howell from cnn newsroom. 4 00 a. M. On the u. S. East coast. The lawsuits are flying. The u. S. President barely uttered the words National Emergency and the lawyers came out fighting. Members of his own party warned it was a terrible idea. President trump declared a National Emergency days after congress refused his demand for funding. He will face a gauntlet of legal challenges. Cnns jim acosta reports, he may have already sabotaged his own case. Reporter try to take a victory lap after a defeat in congress, President Trump declared a National Emergency to tap into Administration Funds to build a wall. The president may have already undercut his case when he admitted the motivation is to speed things along. I could do the wall over a period of time, i didnt need to do this, but i have to do it faster. I have done a wall for the election. 2020. Reporter more than 1 billion authorized by congress, they are free to secure 8 billion for the wall. The p