bank failures, silicon valley bank and signature bank. christine romans, what is happening with credit suisse is different, but it s also spooking thing market. it is. so this is european banking fears that are now spreading back into an already fragile and vulnerable u.s. system. credit suisse down 20% to a record low. several european bank shares are halted in european trading. so that s just feeding into the worry about rising free agents and fragilely in the world. dow futures down 1.5%. if this holds this would take away the rally in yesterday. nasdaq, s&p futures also lower here. the regional banks that bounced back in the u.s. yesterday a sign of stability, a sign of relief, a mixed performance. first republic shares in premarket trading up a little bit. some of the other banks are down and again what folks are really zeroing in here is what are the exposure to these banks, these long-term treasuries, long-term securities that are going to be hard to sell in the near
we made it to the bottom of the world. this is so gorgeous. first steps on my seventh continent, welcome to antarctica. here is the welcoming party. fo hi, guys! a little colony of gen 2 penguins greeting us as we arrive. i realize that sort of wonder turns to worry when you understand that that those particular penguins, we will show you more adorable pictures, move like my toddler on land, swim like michael phelps, seem like superheroes, but they are in trouble. they are forced to adapt. the penguin nests, those chiks will not survive because they had a freak snowstorm. they should have been hatched by christmas. like we are having freak weather events up here, they are having them down there.