Points. 770 is the yield on the 10year treasury right now. The yield on the 30year treasury below 1. 35 . It is now down 18 basis points at 1. 358 on the 30year. Mortgage rates are hitting record lows, how you can take advantage of this, these yields are tied to mortgages so we could see refi activity as well. Coronavirus crisis, one hundred thousand confirmed cases worldwide. That number is expected to increase. President trump says that the u. S. Economy could take a hit but says it is all going to work out and everybody should be calm. The democratic field is thinning out. Elizabeth warren the latest to drop out of the 2020 race but not making an endorsement just yet. Meanwhile this Jpmorgan Chase jamie dimon is recovering from emergency heart surgery this morning. The surgery was successful and dimon is awake and alert. Plus nashville recovery, President Trump headed to tornado ravished area today after approving disaster declaration, we will tell you there live this morning for a
Hour futures are solid, earnings phase one signing, lots of eco data our road map begins with trade optimism reigniting the record rally. The chinese delegation heads to d. C. Today for an expected phase one signing on wednesday plus new ceo, same crisis. What to expect from boeings new chief executive, David Calhoun, who takes over today and the future of the 737 max. Then there were four, alphabet nearing the trilliondollar market cap club, behind apple, microsoft and amazon stocks are looking to recoup some losses from dow, the dow surpassed 29k for the first time before finishing in the red. All three major indices are in the green since the beginning of the year led by the nasdaqs 2 gain as we were saying on squawk a few moments ago, jim, if lulu yes, maam of lemon is a clue to the earnings season, maybe this rally has been justified we have two conference this is ek wweek, icr in orlando andi conference in san francisco, health care. Theyre used to be able to say better than expe
America this morning, december jobs report is expected just about in 2 and a half hours time after 8 00 a. M. Eastern this morning, estimates show 164,000 jobs added to the economy in the month of december of the last month of 2019 with Unemployment Rate Holding Steady at 50year low, 3 and a half , markets are up ahead of the report, take a look, dow industrials up 54 points, s p futures up 7 and a quarter, john, we are expecting a slowdown from the robust growth we saw earlier in the year and certainly in 2018. Nevertheless i think this jobs report is going to be good enough so that we are going to have new record highs at the close of the equity market today, you know, probably conformed to expectations we will see further growth by wages but not at such a rate of growth that we begin to worry about inflation. Maria expansion continues in the year . Why not. No registration in 2 years, we are in 11th year, we have a way to go. Its so nice to see america winning again, literally more
Its wednesday, january 15th and fbn a. M. Starts right now. Keep on turning. Proud mary keep on burning. Rolling, were rolling, were rolling on the river. I tell you were rolling, rolling, rolling on the river. Cheryl lauren we are rolling this morning. Hell welcome to fbn a. M. Im lauren simonetti. Cheryl rolling into wednesday. Good morning. Im cheryl casone. Lauren the dow is up 32 points yesterday, small declines this morning ahead of earnings from bank of america and Goldman Sachs. Dow down 49 points. The chinese delegation in washington to sign the trade deal. Cheryl asian markets, there has been optimism so far this week until today for asian markets. Some other issues going on. The nikkei down half a percent. Hang seng and kospi in the red. Lauren as were waiting for ink to paper for the phase one, the ftse is up a quarter of 1 in london. Cheryl breaking this morning, it is our top story, the u. S. And china set to declare a trade truce today. The two countries going to sign th
And we have video of the chinese communication has been an issue, tax reform is hard to vice premier meeting with u. S. Communicate. Dagen wrote trump is his own communicator, he is the best trade representative lighthizer communicator. Right now, only video, american maria see you soon, have a great day, varney and Company Begins now. Video of the meeting. Treasure secretary Steven Mnuchin joined for dinner, this stuart history about to unfold deal pauses tariffs Going Forward but still 250 billion on varney and company. In chinese import under 25 dignitaries assembled in the tariff and another 120 billion under 7 and a half percent until white house for the formal signing of the china trade deal. It will be quite a show. The president , Vice President , cabinet, members of congress, Top White House officials will all be there and so will phase 2. He will consider releasing chinas toplevel delegation. The vice premier, the commerce tariffs as part of phase 2. So theres, nothing to do