All coming after the markets are coming off a very strong month of june. For the dow, it was the best june performance in over 80 years. You have to go back to 1938 for the month. The dow was up by 7. 2 s p was up by 6. 9 for the month that is its best performance since 1955 and the nasdaq was up by 6. 9 and thats its best performance since the year 2000. Taking a look at what happened overnight in asia, hong kong was closed for a Public Holiday but those markets that were open also up very sharply on again, this idea that trade talks are back on. The nikkei was up by 2. 1 . Shanghai composite up by 2. 25 europe this morning where early trading is taking place, youre going to see green arrows across the board there as well. Biggest gainer looks like the dx ax up by 1. 25 finally check out u. S. Treasury yields on friday we actually fell below 2 for the tenyear briefly. I think we closed right at 2. 0 . Ten year is yielding 2. 01 . Getting to all the weekend news President Trump returni
Were peppy boys. Three down weeks in a row for stocks. It looks like weget out of the gate in a positive way. Dow would open higher by 133. The s p is good for 21. Still early with the nasdaq which has been beaten up is up 89. Bond yields here come after declines of 2 last week for each of the major averages. Treasury yields spis part of th story. 10year treasury eased off last week, but still at 4. 29. Steve. The upper end of the range recently. 4. 30. Some people telling me 4. 50 is not out of the question. A lighter touch from the China Central bank. Lowered the oneyear prime rate by ten points. Economists expected 15point cut. The economists expected a 15basis point rate cut to the fiveyear prime rate. Major indices in china were down across the board. Palo alto here for liesmaniacs want to talk about the fed. Palo alto. You must have been talking about this. It is odd they did the release on the summer friday in the afternoon. It wasnt a bad one. It was a good one. Everybody thoug
Number. We get the ppi number and that tells us if inflation is sticking there. It was hotter in january. The tenyear note is sitting below 4. 2 at 4. 198. The twoyear note at 4. 26 . The head of the National Transportation safety board said Security Camera footage showing work done on the boeing max 9 door plug that blew out mid flight has been overwritten. In the letter to the Senate Committee and the chair and agency still lack critical information of the events that led up to the january incident and who performed work. Boeings Ceo Dave Calhoun said he was unable to provide the names of the workers. Boeing has no records of the work performed. Boeing says the company does not retain security footage for longer than 30 days. The work was in the factory last year and delivered in october. More news raising eyebrows and questions. Oh, my. Thats all i have to say. I know. I guess i have seen enough dateline and drama and you look at the footage and you say oh, no. You leave it in. You
Neil well, georgia very much on the minds of joe biden and donald trump. Theyll be campaigning in the peach state today. The closest state in the 2020 contest. The guy behind that recount, Georgia Republican Secretary Of State Brad Raffensperger what hes hearing about the race. More on that in a second. Now, of course, no labels Joe Lieberman whos not naming names, but he sure is cooking up some big third party plans. All that and mike pompeo, the former Secretary Of State opted out of joining this years president ial race. Now the guy he served just might be eyeing him for an even bigger role. And a really big jobs report. The president teeing up really big spending. Some folks are worried about inflation roaring back like Transportation Secretary Pete Buttigieg is convinced this economys just is pick taking off even if a few jets is their own issues taking off and sometimes swerving off. Time to fast ifen your seat belts, cavuto live is off and running starting now. Neil welcome, eve
The American People before this summers conventions. What he needs to do for a strong state of the Union Address tonight and how some allies are working Behind The Scenes to push the president to own the big stage. And within the next few hours, the city of uvalde, texas is expected to release its findings of its report on the Botched Police response to the Robb Elementary School massacre. We have a closer look at what we can expect and were learning burning more about last years Train Derailment in ohio and how the response that followed was based on a bad call. Were following these major developing stories and many more all coming in right here to Cnn News Central The Stage is set for tonights big speech from president joe biden, perhaps the biggest of his presidency. And just a few hours he sets deliver a State Of The Union dress that i have to navigate some pessimism about the economy, anxiety over record immigration, frustrations with the israelhamas war and growing concerns about