Jail by himself, we know that shots were fired at deputies. They had tactical and negotiating teams on scene they also had several streets in the area that were blocked off which have carly all been lifted now again no one was injured in this whole ordeal and again theyre going to be updating us in just a moment here we have several questions wed like to ask the one want to know how that person he was originally arrested able to acquire a weapon and also has some more information regarding what led up to these moments so again will be notified just a minute well bring that back to you but for now reporting here in san jose reyna harvey kron 4 news right in just a really quick question i know we had some street closures a surrounding that area do you know if theyve lifted those closures or not or should people still avoid the stretch. Yes, the so robin great question they have lifted those closures i dont know if you can see basically where im at right now this is a one of the main stre
Exchange this is epic as well why do you get squawk box specific mugs. I dont think we have that on closing bell. You think your set down at the ant kuwaited New York Stock Exchange the whole Stock Exchange is our tv set. The whole future is nasdaq. Its moving forward. The specialists, the middle man. You want to be here, my friend its a lovely new set. It is. I wonder how much these costs, these mugs. I love the New York Stock Exchange we love both. Just kidding we do get territorial once in a while. Im glad you like our new sets and our mugs dont take that with you treasury yields this morning, i looked 190 on the ten year recession fears have faded trade concerns are so 2019, i think. Arent they . Theyre just so 2019 the dollar. Thats supposed to weaken im doing another show today exchange. So am i. Closing bell. Thats your normal show what happened over the weekend . U. S. Military carried out precision defense strikes in syria against a Militia Group following a string of attacks
And their currency is under siege. Our problem is a Federal Reserve too proud to admit their mistake of acting too fast and tightening too much and that i was right. They must cut rates bigger and faster and stop the ridiculous quantitative tightening now. Which gets us to the markets this morning, jim. We have been talking about negative rates, they only continued to worsen. It is a strange phenomenon to be sure but it is also a worrisome cycle people believe because you have negative rates that auger for weaker Economic Growth or a lack of growth you have what are it becomes selfreinforcing you have the global coordinated monetary easing going on right now. And you have the first time people talk you about the possibility of rates here falling dramatically from where they are now have you ever seen a ten year whipsawed as much in yield in the half hour period as we did this morning almost as if someone wants to get ahead of even lower yields there is a big short position in bonds. Th
Freshmen congresswoman. Bernie sanders is about to outline his medicare for all proposal. He is doing so at George Washington university. If he has any suggestions at all how to pay for it. A heat wave expected to hit 2 3 of the country. What you need to know about that. If the citys power grid following massive black out here in new york city. Melissa fox Business Team coverage. Gerri willis on floor of new york stock exchange. Blake burman live at the white house. Deirdre bolton at the newsroom with netflix earnings. I see some numbers crosses here on dow jones. I think well get to those as soon as possible. Sorry . Lets go to Deirdre Bolton right now with those numbers. Deirdre. Taking a look at netflix. 60 cents a share. Thats a clear beat what analysts were expecting at 60 cents a share. If you look at revenue, want to be kind with netflix, say exactly in line. If you want to be critical, a slight miss. Wall street looking for 4. 93 billion. 4. 92what netflix posted. To put it in
And hack tack profits hit . And then looking at the hand that feeds it. We will look at that one. It is friday, october 6th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start your friday with the check on the u. S. Stock futures after modest losses yesterday. Take a look. We are mixed right now. We are seeing the s p and the dow fractionally lower. Nasdaq higher. We alsoways say it is early. A mixed bag with the s p on track for the fifth straight week of losses. And we look at the yields with the 2year treasury still above 5 . You have to look at the 30year treasury which is creeping up back toward the 5 yield. Remember, this is an important indicator for Inflation Expectations and investor confidence. All of this is the lead up to the september employment report. Economists expecting employers to add 170,000 net new jobs last month. That is down slightly from last month. The Unemployment Rate, however, ex