It ended up 34 points. Look at what is happening with the treasury market. This is the big story from yesterday. Huge swings where you saw the yields up significantly in the morning and drop Something Like 18 or 19 basis points. You see the tenyear yield below where we were this time yesterday. 4. 488. The twoyear yield at 5. 07 . Lets look at crude oil. Wti is up to 85. 93. Then we look at the crypto board. You b bitcoin is up this morning with the speculation it will be approved by the s. E. C. 17,000 is low. I remember it. I dont get the speculation. We talked to hester yesterday. I cant believe it hasnt happened. She also has been in favor. She seemed to suggest and i read her comments to mean these folks were not any more inclined to do it a week ago. I got her. If we did get that from her, it was like go figure. For some reason, they will not do it. It implied the logic. Sure. She has been in favor. If you have people who dont agree with logic, it doesnt matter. Ge is out. Phil l
Ukraines ongoing war. Make progress and take their sovereign territory back and we will provide them support. The littleknown tactic use by the food and Beverage Industry to influence what we eat and drink. Major funding by pbs news weekend has been provided by. This is a pocket dial. With Consumer Cellular you get nationwide coverage with no contract. Have a nice day. And with the ongoing support of these individuals and institutions. And friends of the newshour. This program was made possible by the corporation of public broadcasng and the contributions from viewers like you. Thank you. Good. Im john yang. Even before what israel launches a massive assault on gaza, palestinian Officials Say this week old war is already the deadliest conflict. Israel is retaliating against hamas for their brutal assault last week that left more than 1400 israelis dead. There is a flurry of activity in the region. Antony blinken is headed back to israel monday. The state department will evacuate u. S.
Be, i have to make you understand this stuff. Let me use the impact of these glp1 weight loss drugs as an example. Now these medications made by novo nordisk and eli lilly has multiple uses, and theyve become one of the most powerfully disruptive concepts ive ever seen in all my years in this business. I call them concepts because theyre not yet a reality. That doesnt seem to matter to wall street. We own eli lilly for the Charitable Trust and talk about it endlessly and do so with a reason. Its drug might become the greatest selling pharmaceutical of all time. The house of pain all aboard well, you know, im excited. It just hit an alltime high today of 605, up 25 in this one session. So after a day where the dow gained 66 points. The s p climbed 0. 43 , the nasdaq jumped. 71 , the way concepts seem to get ahead of themselves in the stock market. Let me set the stage. Weekly injection drugs that help people with type 2 diabetes by lowing their glucose levels. Novo nordisks drug called
Funds and the pessimistic strategies want things to go horribly. And theyve been having their way for weeks. Now the situation looks different. Dow gaining another 135 points today, s p climbing 0. 25 and nasdaq jumping also. Hard to fathom how the bears can gain credence. Hard to take them seriously in this kind of tape. Todays typical. We know theres been widespread concern that Cheesecake Factory will be crossed off by the diabetes weight loss drugs, ozempic and its twin wegovy and m mounjaro. Wall street, im sorry, walmart sounded the alarm to wall street saying their volumes are soft and some could be drug related and could be maybe, i dont know, 15 million taking these weight loss drugs. People from jufk food will then mean nothing because this medication eliminates craving, nor does alcohol mean that much though. You still get a buzz but only if you force it down your throat. The walmart call scared the heck out of buying leading to a collapse in a group once considered the ulti
Capitol police what you knew donald trump had planned . You were in those meetings at the white house. Thats former congresswoman liz cheney calling out fellow republican jim jordan whos now a top candidate to replace Kevin Mccarthy as house speaker. Well have the latest on that race in just a moment. Meanwhile, donald trump could also be on capitol hill next week to endorse jordans bid for speaker. This would be trumps first visit to the capitol since the insurrection he inspired. And this comes as theres an alarming new report from the New York Times on trumps handling of nuclear secrets. Good morning and welcome to Way Too Early on this friday, october 6th. We made it to friday just barely. Im jonathan lemire. Thanks for starting your day with us. And well begin this morning with the race for the speaker of the house. Currently only two announced candidates are in the running. House Judiciary Committee House Judiciary Chair jim jordan and majority leader Steve Scalise. Jordan is alr