Betty one longstanding story we are watching is treasury yields and where they are headed, and i want to pull up a is behind thethat volatility we are seeing in equity markets, 10year gilts yields. Key level of 3 , and we have been watching that like a hawk, it is almost like a movie. Once you get to the big box somee opening, but for will hit that at three years time, what happens after that . We have seen quite a bit of volatility headed as we have been seeing yields had towards this level, but afterwards is the question. What are we going to see in the markets . Yvonne it is interesting you mentioned this earlier, and the markets have changed. They are not buying the dip anymore, and the 10 year yield edged lower, so whats shifted and what hasnt. Lets take a, closer look to Investor Sentiment and what happened with u. S. Stocks. Stu keenan has more. What we are seeing is the technicals of the market which can show underlying weakness. Does the second day of reversals, it is green ac
Reporter they are getting sick this morning. Sick of waiting around. Last night, it was the smell. Many people showed up taking that the Ferry Service would be available to them. Then they found out, no comment is not available. Buses are coming in. Another buses pulling up. There is really no schedule. They are coming here picking up people as fast as they possibly can, going into San Francisco, turning around, coming back here, and picking up the people. You can see the people are starting to board. Lets see if we cans if we can talk to some people here. Did you know about the odor or smell the odor last night . I know. I did not smell any thing. Reporter as i walked down here, you can see that the last time that you saw me was 20 minutes ago and that line was long. Nothing like this. Many people are showing up. Either they did not know or simply have no choice but to wait in line. They said they getting into traffic and going into San Francisco, paying toll, paying parking, just not
Suit in july. Paul ryan and nancy pelosi gathered on the steps of the capitol to commemorate the 50th anniversary of the 9 11 attacks. Bloomberg will have coverage. Im emily chang and this is the request. Warnings about exploding samsung phones getting louder. Shut them off immediately. His oftenplain why nine explosion is more mysterious one week later. And he is helping a new of being a new acquisition will clear the road to the worlds most congested city. Thetral bank scares dow fell more than 300 points after a Federal Reserve official warned that waiting to want to raise Interest Rates overheats the u. S. Economy and could risk financial stability. The a breakdown of successful breakdown. Wasf all the weakness tech a new means positive. Given the big losses this is one of the groups that held the a little bit. ,o give a little perspective this has been a group that has done pretty well. It has been the past best performer. Upre is still they are 10. 4 versus the s p 7 . Moving dow
Progress new the day. By noon, 50 degrees and mostly sunny skies. A bit of a breeze and by 3 00 this afternoon, 58 and that is our high for today and that is four degrees above normal and by 6, its dark out there and clear and 53. The full forecast is coming up. Well talk about warmer and wetter weather on the way. Back to you. And thank you. To our top story, the french government identified one of the suicide bombers involved in those attacks on paris. They say the trenchman is known for his ties to islamic the Police Arrested the 29 yearold brother and at least two others during rains raids in belgium and came after a car with belgium license plates was found close to the site of one of the attacks. And were also learning more about the victims. At least 129 people were killed and including a College Student from california. Cbs 2s jonathan viglio it, ti joins us live from france now. Jonathan . Good morning to you. Were about a block away from the bataclan thee hater, one of six cl
The weak and let the strong survive, when we merge companies to eliminate over capacity we go higher like we did today with the dow and s p closing at record highs. S p add avancing and thank you carl icahn and apple. He tweets stock goes higher. Hardly a day seems to go by without a deal of some sort a takeover because the ceos in this country are well aware of the over capacity problem in almost every single industry we follow. Today for instance we learned that the publicly traded form of ann taylor will be gobbled up by aacina. Gives a huge 21 premium will be marvelous for them because they need a higher end offering and it can save money immediately by merging the two entities. Companies talking about taking 150 million in cost but i bet david jaffee will be able to do better but figuring out which stores are winners. Thats a tough thing for anns current management to do but expected now that asna is taking it over. Thats what happened in acquisition. People are being frugal and s