Washington futures are down both fell more than 1 overnight. Europe is down by as much or more ten year yield falls below 222 thats a six week low and well get oil inventories. Our road map begin with saber rattling futures in the premarket have been rising con sering con sern. North korea threatening preemptive strikes against the u. S. President trump threatening fire and fury. Disney anoungs its own streaming plans for espn and other content. The United States and north korea sending Global Markets lower. Kim jong un threatening to order a missile strike on guam now as the president warns north korea it would face fire and fury if it continued to make threats to the United States. Stocks did fall snapping the dows ten day win streak this is not like crossing a parallel in the early 50s. The natural thing to do is to raise cash and thats what people are doing theyre selling stocks that i think across the board so it really doesnt matter what theyre selling. Its not like theyre on any
And you can see we are up ever so slightly in france and generally across the board for the major european markets. The tenyear note yield yesterday crept above 2. 5. And this morning is hanging right in there at 2. 53. You can see crude oil also up a little less than 1 . Lets get to our roadmap this morning. And it starts with debating the dow 20,000. Is it behind us . And were going to drill down into the dow 30 stocks. Well have more on caterpillar, dupont, j. P. Morgan, goldman. Yeah, i know, dont look at me like that. Who knew . Man, ive been up since 3 30, im ready to go. Whats wrong with you . Youre slacking. Another busy day for earnings, ford, fiat, comcast and interview with Andrew Liveris on his recent meetings in the white house. Speaking of dow, Johnson Johnson makes a 30 billion cash acquisition this morning. Its actilion. A large cross border deal and we will take a closer look at it as we should. Could it be a faber . I think the whole show today is kind of my reporting
10month high. Mashlgts are chasing histories this morning. Dows within 79 points of an alltime intraday high, jim, looks like we might get it closer to the open than some thought. Its interesting. Its the makeup. The makeup is extraordinary. It is completely trumprelated. This expansion in the banks is not just because of regulation, but its also because of Interest Rates going higher but also because people feel loan growth is going to be better, people feel lower taxes. So that group is a leader. That group has been when that group leads, carl, thats a freight train. Its always been a freight train. One remembers the 9192 come out of recession led by the banks, led by bank of america, what you saw there was a juggernaut. And those who said, hey, that cant last. Well, theyre not in the business anymore. Everyones weighing in. Icahn with wapner yesterday. Donald trump this morning saying he sold all his gold. Hes long the dollar. Long materials, short u. S. Bonds, short italian bonds.
We are one hour from the close of trading, and lets head to the markets desk. We have seen a midday reversal today, and stocks not able to gain much traction. Shery we are still in the red, not able to turn into the green right now. We are seeing that investors are just looking ahead to the jobs report, the very important monthly report coming out tomorrow for us. We have the dow jones down 0. 5 . The nasdaq unchanged at the moment. The s p 500 down 0. 4 . If you take a look at the imap function on the bloomberg, you can see that all factors on the sectors on the s p 500 are in the negative. Utilities leading the decline, down 1. 9 . Financials reversing yesterdays gains, falling about 0. 5 . We are seeing financials now are at their lowest level since june 28, and of Course Energy following today, as we see crude trade around 45 a barrel right now, reversing previous gains. If you look at the s p 500, the intraday chart right their, you can right there, you can see we saw this reversa
Looks to generate interest in formula one. How the owner plans to expand their digital presence and have more races. Stoxx 600, grr. Only one Industry Group rising, telecom. Investors disappointed mario his powder dry today. He did not discuss an extension. The ecb did not discuss an extension to their Bond Buying Program. Some expected an extension to march of next year. That did not happen. The ecb kept its Stimulus Program unchanged. Down as much as 1. 2 , but we are down by. 7 now. About. 6 higher against the dollar. This is the euro against the dollar since last year. 1. 16. Hen, the euro was at then we had more qe in december. More qe in march. And here we are at 112. 88. Call. Ys has a parity Morgan Stanley per next 1. 18. Spanish yields before drug he hit an alltime record. That is the 10 year. Yields are rising in france, germany, spain, and italy. Disappointment we did not get an extension of this Bond Buying Program. The committeest would begin to gauge the scarcity of bonds