108 points hire. So good news all around. Lets see if it can stay this way. Treasury yields, you can look at a 10year note at. 681 we have so much going on the fed kicking off a twoday meeting. The first since it put new framework into place isnt expected to change Interest Rates fed chair powell planning to answer questions about the outlook during tomorrows News Conference then we have the data coming in today where we get august import and export prices. The latest productions numbers and the earnings, we have fedex and adobe. A lot of other news, joe i can hear the bounce in your step i hear it in your voice. I think it might be the guests we have again today. I know you are excited for the hour we had great guests yesterday and great guests today we have bob from viea come cbs Jared Kushner coming up in the 7 00 hour. Kevin mccarthy then i realize we miss becky whenever shes out but you like to talk and i guess i do too so it is 50 50, instead of 33, 33, 33 you dont have to admit
Even home depot, which was great, is lower, as the whats next is the question that we have. With stacy witless, fw retailer advisors president. Also night one of the Democratic National convention saw democrats ripping it up President Trump with tough words from former First Lady Michelle Obama and bernie sanders. Let me be as honest and clear as i possibly can donald trump the wrong president for our country. He has had more than enough time to prove that he can do the job, but he is clearly in over his head. He cannot meet this moment. He simply cannot be who we need him to be for us. But let us be clear. If donald trump is reelected, all the progress we have made will be in jeopardy. And its most basic. This election is about preserving our democracy. Alix joining me now for more is wendy jennison, Bloomberg Politics editor. What was your biggest pic for tonight and how does that set us up for the dnc tonight . The biggest takeaway from last night was the effectiveness of Michelle O
Saying this is really serious. Livedt, kyle lowry, who in toronto but now plays for the golden state warriors, said this is not toronto. We are nice people. In fairness, the crowd just immediately reacted, but then there was an eerie silence after they figured out what happened because he was really badly hurt. Alix nothing like sports to bring up the massive competitiveness. In the markets here, on a news flow basis it feels very calm, but we are seeing some fall through to the rally. We are continuing to climb higher. S p futures up by about 12 points, eurodollar flat. You are buying stocks, selling bonds, but only in the u. S. The move not really seeming to freak anybody out quite yet. We had a huge rally in bonds last week. Are we reversing now in crude . Up 7 10 of 1 . David in the morning brief, 8 15 this morning, ubers ceo is speaking washington, d. C. At 8 30, u. S. Ppi numbers for may. At 1 00 this afternoon, the u. S. Treasury is selling 100 billion in threeyear notes. Teslas
Amd disappoints. Caroline we sit down with the ceo of pinterest as revenue surges. Lets check in on these markets. A little bit of nervousness ahead of the fed when jay powell comes, bouncing off of our lows but of course more broadly technology dragged low by those earnings and the read across down by 2. 5 on the stocks. Youll be digging into one of the ultimate names pulling down the key chip index. The 10 year yield catching a bid. Now they are catching a bid because we see the u. S. Treasury upping its supply in the coming quarter but notably we have seen some worrying signs when it comes to economic data. The price paid still on the upside. How much we are seeing a cooling or studying of the economy. Saw some weaker jobs data. Moving whats happening in terms of the individual movers. From a crypto perspective, bitcoin down 4. 3 on the day. 57,000 we currently trade. What are you seeing on the micro . Ed lets talk with start with amd. A big move lower despite upgrading the forecast
They deny any bias at facebook, but you wont see much trump on facebook, will you . Bernie sanders pulls a crowd of 15,000 in california. Two state primaries today, West Virginia and nebraska, bernie looking strong, in fact hes likely to win the next five states. Stocks still strong. Dozens of new hires for Big Name Companies and do watch amazon go today. One firm says its going to 1,000 a share. You know, nothing concentrates the mind like money and the election. Varney company, your number one choice for coverage of the Financial Markets in america. Yes, we are. And were about to begin. A terror attack in germany and this will roil european politics. A stabbing at a train station in munich this morning. Liz, the attacker was shouting alu akbar. The attack happening 20 miles east of munich. We dont know if this person was a migrant or a german national. We do not know his kill dural background, well give you more as this continues. Stuart were going higher when that stock market opens