Now theyre talking about funding original content. Netflix. So theyve been late to the party on everything. Where have they innovated aside from when they came out oh. Why do they have to come out with somebody first as long as theyre doing it better. Who says theyre doing it better . Well, well, well. Steve weiss, did you buy a little apple today . I did. Im not going to tell you the physical circumstances upon which i bout it but you though them. Heres thank god. Yeah. Heres why i bought it. I was a little bored this morning. I said what can i do to screw around with jim, im going to buy apple. When youve seen the cycle happen time and time again, the time to get onboard that cycle compresses and actually moves earlier. What im talking about of course is the upgrade to the anniversary phone, the iphone 8. So whats going on now, its not reflective of the fundamentals of the company. Its not reflective of the gee you political of the landscape. The first is mode oaker and the second, f
Look out below. Thats what i hear about this market every single day, including this one. Dow dipped 36 points, s p inched 0. 07 . Nasdaq advanced 0. 15 . Every day i try to reconcile these worries with my own view that stocks just arent that outrageously priced versus other big runs weve experienced before. In fact, i think the valuations in many cases are pretty darn reasonable. But i have a hard time proving it because were in an incredibly visceral, polarizing moment stemming from the election of a probusiness president who seems to rack up an incredible amount of baggage on a daily basis, baggage that makes this really seem incongruous. To put it simply, while trumps economic ajean did could be pretty positive, our new president has an unpredictable style that makes it difficult to fully emprasz the notion that we should be paying up for stocks here. Im sure there are some investors who read President Trumps tweet today criticizing nordstrom for dropping his daughters brand of mer
We made it to work. Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. The question is can we make it home again . We shall see. Its throwback thursday. Worldwide exchange all day then. Fine by my. Not sure by the viewers. This throwback thursday, throwing it back with love songs ahead of valentines day. I dont know this one. This is like oldie, classic oldies. Lots more love songs to come. Lets check in on world markets. This morning u. S. Futures after a minor selloff on wall street yesterday, a mixed picture for stocks. Dow futures up 2. 5 points. S p is flat. Same with nasdaq futures. The action was in the bond market yesterday, tenweek yield slipped to multi week lows. Theres been some buying in remember treasuries. Seeing the caution in the bond market. Its brought the tenyear yield down below 2. 40. Were at 2. 59 on the tenyear. Only a minor selloff. The story really was the resilience of the equity market in the face of big bond buying. Did hu
Honor guard, all five branches of the u. S. Military in position here to welcome the japanese Prime Minister, who were expecting to drive down this driveway here at the white house in just a few moments. The Prime Minister was at the u. S. Chamber of commerce earlier this morning talking about the bilateral relationship and also the importance of trade and emphasizing the fact that he doesnt think it needs to be a zero sum gain. He thinks trade can be a winwin. But he also had a comment here about production of steel by a certain country. See what country hes talking about. Translator look at steel. Overproduction in a certain country has not seized. And as a consequence, increase in export results in a depressed price for steel worldwide. Reporter and carl, we know that the president spoke to the president of china, xi jinping last night. They had a lengthy conversation, we are told in the readout. And so, clearly, there is a very diplomatic dance here going on between these three cou
We were like brothers and sisters. We hung out. We have what we call the motown family, and weve always had that. Woodruff all that and more, on tonights pbs newshour. Major funding for the pbs newshour has been provided by moving our economy for 160 years. Bnsf, the engine that connects us. Xq institute. The ford foundation. Working with visionaries on the frontlines of social change worldwide. And with the ongoing support of these institutions and friends of the newshour. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff President Trump now says that he may sign a brand new order on immigration, as early as monday or tuesday. But he also says he still figures to win the court battle over his initial attempt to bar travelers from seven mostly muslim nations. The federal court of appeals in the 9th circuit upheld a freeze on that ban, in a thursday ruling. John yang reports all