Technology, where teeing off of last week where we saw this big rise in yield. The nasdaq down 1 , s p down a third of 1 . I would also just throw in oil, which is making new highs for the year, despite concerns about weakness in china, about potential weakness in the United States oil just marching higher this morning, which is raising some questions about inflation tomorrow and just how sticky its going to remain in the months to come as the fed tries to fight it. Got to 8411 this morning, that is a fresh high gnat gas, the high since march as were once again worried about the situation in europe and whether or not that will drive prices even further going into the winter months plenty to worry about topping the tape this morning, the s p 500s round trip, now flat in price. Eps dating back to january of 2022, yet rates are up, gdp is higher rates have cooled. What does it all add up to mike santoli here to break it down this is such a mike santoli kind of story the fact that weve gon
Little joins us to talk about the state of spending. Im Katie Greifeld in new york. Another quiet day on the screen behind me. The s p 500 unchanged. The nasdaq 100, more action but to the downside, currently off by. 2 . Also put the vix, not sure why but it never does much. Slightly on the rise, trading with a 13 handle on the vix. Lets find some excitement. Less than blockbuster results for morning brothers warner brothers. Poor performance at studios. Geetha ranganathan joins us now. What was your take away from the earnings . Geetha tv advertising and the Network Business continues to be under tremendous pressure. Tv advertising fallen by 11 and that crimped but there were bright spots. Cash flow was strong. This is a merger between warner bros. And discovery. They guided to an extra 1 billion on top of the 4 billion they already achieved. And then hbo max, good subscriber of momentum. They have a whole bunch of new international lunches upcoming. It is becoming a profitable busine