Bit of the rising yield. 65 basis points on the 10year. Throughout the day, i think my theme has been trained to gauge investor sentiment. Maintains, stocks can these high levels. If you go up to 1 or one and a quarter, he has to massively rethink his price target. Then you get to the relative trade. Of course, earnings yield lower than the 10 year treasury at the moment. But if it starts to climb a little bit, how does that affect the relative value . Caroline we have had that sort of worry. Mike wilkins at Morgan Stanley also saying, we are worried about rates going higher and what that would mean for stocks. Whiting is still with us. This week, we get a little bit of messaging out of the fed. Are you expecting to hear anything out of powell or any of the other members that would give you a better assessment of where Monetary Policy might go . Steven it is possible. Chairman powell has been relatively quiet about healthy Federal Reserve might adjust its framework for achieving its in
To get things started off. The dow is down by 17 points but the s p and the nasdaq is there. Nasdaq is indicated up by 47 points this is after a strong month of july for all three of the averages the dow up by 2. 4 for the month. The s p saw its best july by ten years. It was up by 5. 5 . Thats nothing compared to the nasdaq today is the first trade ding d of august. Thats out at 10 00 a. M. Eastern time today also take a look at treasury yields you did see yields under extreme pressure or ten year closing at its lowest level since all the way back to march 9th. Right now it is a little bit higher 0. 546 stimulus talks in congress. Trump administrations officials and House Speaker nancy pelosi are set to resume negotiations today on their competing visions of a bill. The Sticking Point continues to be a boost set at 600 per week in march that lapsed on friday he and Speaker Pelosi are on the same page about the need of direct Cash Payments of 1,200 to most americans. Andrew. And big co
9 after reporting yesterday afternoon. Lets take a dive deeper into snaps quarter stifels john eggbert and Lloyd Wamsley of Deutsche Bank joins us now gentlemen, you both have buys on this stock, and there was interesting commentary from snap about how theyre expecting lower user growth in the Third Quarter, and theyre also anticipating there will be significant revenue headwinds, even though the first 19 days of the quarter they showed 32 Revenue Growth so jon, tell me, why are you so bullish . Well, im bullish because of the longterm story. And i think that the underlying trends are still intact. On the short term, it sounds like the Third Quarter will have some complications were not exactly sure how much sports well have. Back to school may be limited in parts of the country feature films wont be launching like they normally do, and those are big areas of brand advertising spend that snap and other Digital Media players benefit from in the short term but in the long term, the direc
We have details. And the week that was, elon musk has a reason to dance, and apple hits more milestones, that plus highlights with team monster. But first, our top story, the Trump Administration is imposing new sanctions on iran, retaliation for tehrans attack on u. S. Military bases. Now, the sanctions target the steel industry, as well as eight senior officials. Now while adversaries didnt get into traditional military war, their continued cyber warfare remains. Cybersecurity film dragos published a report highlighting hostile hacking activity by an iranian linked group against u. S. Power suppliers. So for more, we have the president of gullah tech adventures. Prior to that, he was a hacker for the nsa. With me in the studio is the proof point executive vice president. Ryan, let me start with you. What increases have you seen coming from iran targeting the u. S. . Ryan well, weve seen the continuation of campaigns at that they were already running. Perhaps the most interesting thin
Has a reason to dance, and apple hits more milestones, plus highlights with team monster. Our top story, the Trump Administration is imposing new sanctions on iran, retaliation for the attack on u. S. Military bases. The sanctions target the steel industry, as well as eight senior officials. While adversaries did not get into traditional military war, they continue cyber warfare remains. Cybersecurity film dragos published a report highlighting hostile hacking activity by an Iranian Group against u. S. Power suppliers. For more we have the president of gullah tech adventures, prior to that he was a hacker for the nsa. With me in the studio is the proof point executive vice president. Ryan, let me start with you. What increases have you seen coming from iran targeting the u. S. . Ryan we have seen the continuation of campaigns at they were already running. Perhaps the most interesting thing we saw was we saw some of them move from diplomatic targets, Public Policy targets and government