Event. Plus, we speak to a counter as a Company Announces a brandnew range of ai powered products. But first lets check in on the markets. We have a post fed feeling of optimism in the markets it feels. We dont have an awful lot of Economic Data on the table. We have an issuance with 10 year yield with the 10 year yield holding steady. The s p 500 breaking some of the Technical Levels of where we see the average trade the last 50 days so there seems to be some risk on attitude. Not in crypto with bitcoin off. When it comes to crypto related news, we will be digging into what happened with robinhood of course. The sec looking at particularly its crypto sales. Zero and 7 despite the announcing the sec might well be looking into its business. Warren buffett pulling back on the state of apple. Really loving the iphone product but we look ahead to new products new ipads with mark gurman in a moment. I want to shine a light on some of the chip makers chipmakers. Nvidia still yet to report on
Thanks so much for joining us this beautiful monday morning. Im maria bartiromo. It is monday, april 29, your top stories, 6 00 a. M. On the east coast. Coming up, the final few trading days of the month of april as investors focus on the fed. Futures indicating a gain at the start of trading ahead of the Central Banks meeting beginning tomorrow morning. The fed raised the bar on rate cuts so its commentary on wednesday afternoon will be critical. Weve got the preview. A week of jobs data, the job openings report out tomorrow, the april adp out on wednesday. The labor departments april report on jobs on friday. Big week for jobs, expected to grow 175,000 on adp. Plus, previewing market moving big tech earnings, amazon is out tomorrow, apple is out on thursday. Weve got the preview and a look at big tech this morning. European markets are mixed. Ft 100 is higher, as is the cac quarante, down 10 on the dax in germany. In you asia, green a cross the board. The japanese yen plummeting, bri
Any index it is listed on. It is naturally a very heavy weight on the nasdaq. Swingingones backandforth between gains and losses. The same is true of the s p 500, down 3 10 of 1 . Taking a look at treasuries, we see some selling on the treasuries market, the 10year yield going up. The yield on the 30year going up slightly, 2. 88 . About oil. Alk this is fascinating. We finally see a green arrow here. Holding well under 50 actually, i am thinking of rent crude. 473ork crude is down at and rent it is just under 50 a barrel for brent crude. Mark time for our top stories. Shire is making an unsolicited to makensolicited offer a biotech company. Shire says it represents a. Remium of 35 but there is no deal on the horizon just now. Shire says becks also baxalta has declined to engage in substantive discussions over the new proposal. Matt and all cash deal to buy icc health care, representing a ipcs shareice of price yesterday. The man who has been overseeing George Soross fortune will leave
York times article that describes amazon as a bruising place to work. Liberty buying zulily in a deal valued at 2. 4 billion. And tesla is down. First up, the markets are coming off of a volatile week. Oil sliding below 42. Data showing japans economy contracted in the Second Quarter. Another setback for abae. Look consumption down almost a full point quarter on quarter. Is there qe really work . Their stock market loves it. They dont have growth. This is a demographic issue. Japan doesnt have the demographics we have. We have tremendous growth jer us the versus japan and china. Chinas stock market dedoubled from the economy. Our stock market controlled maybe by the fed. Europe controlled by the low rates of interest on bonds. So people are searching for markets that are natural and organic and not on steroids. It occurred to me this morning, theres japan. Theres china, the discussion from last week. Were waiting for the bund and the stock bailout. The world is a tough room if youre ex
Im ken rosato. Its tuesday thursday. Im gypping us two days. Meteorologist bill evans with the accuweather forecast. The humidity hangs on today, gang, across the area. We have clouds, a lot of humidity. 78 to start the day and we are looking at other temperatures that are warm for this hour of the day. We will be looking at 76 around canarsie. 77 cambria heights. 76 bridgeport. 68 up to sussex and monticello. Today is another warm and humid days. Highs in the mid80s. It will feel like 90 once again. We will talk about the weekend coming up. Heather is looking at the commute. You got something going on over there. We will talk about Scotch Plains new jersey. 22 eastbound side you have one lane closed down, westfield into New Providence because of that flooding that occurred yesterday that buckled 22. As a result, i know a lot of people stuck here yesterday. What a mess that was. We have rob nelson with information about that. We have Metro North Waterbury bridgeport. Or close. 1 and 2