10year yield at 4. 47. A lot of questions where the movement will be next and if we have seen the height of rates or not. Thats been a big question part of it weighing on the broader markets yesterday. Meanwhile, boeings slide after the cfo spoke yesterday and said the company would burn through cash this year the delivery of planes will not increase from the First Quarter to the Second Quarter as they deal with tproduction challenge. The price of ethereum pulling back after the runup this week. The si. E. C. Approved the rule change to pave the way for etfs that buy and hold ether. Specifically, the s. E. C. Order approves applications from various exchange to list eight ether funds. The order does not approve the funds or set a date for the etfs to start trading issuers are awaiting approval from the s. E. C. For the funds and it is unclear how long the process will take. This has been the week this was a buy the rumor and maybe not sell the news. Thats most of it ethereum is down 2
Play currently at two all. And they play tonight. Nottingham forest have lost their appeal against their points deduction and finally erik ten hag. Is he a dead man walking . Good morning. Another day of sunny and bright weather for many of us. But will that sunshine last until tomorrow . You can find all the details with me a little later. You can find all the details with me a little later. On. With me a little later. On. A very good morning to you. Our top story today , the our top story today, the regulator ofcom has unveiled new age restrictions for online social media use in a bid to keep children safer online. Varne. Yes, so social media firms will be required to introduce robust checks, including the use of photo id such as passports, to identify children using their sites and applications, and it comes today as internet Safety Charity Internet Matters has revealed i in 7 teens have experienced online nude sharing abuse. Political editor for huffpost uk, Kevin Schofield joins u
Good monday morning, welcome to squawk alley, im Carl Quintanilla with john fortt, Courtney Reagan is with us for the hour lucky to have her on a busy market day dow up 238, s p up almost 12 off the highs of the morning, but, obviously, on the heels of tax reform optimism. House and Senate Working to get something to the president s desk before the end of the year. A number of dow components hit alltime highs today home depot, mcdonalds, jpmorgan, and 3m thats just a sampling John Leibovitz joins us. Guys, happy monday not exactly sell on the news not exactly i think a lot of expectations was it was going to be a buy the rumor, sell the news i think part of it might be we didnt get the plan until late friday night, early saturday morning, but that said, based on the rotation we saw within the market away from large, towards mid and small, away from growth towards value, its been a pleasant surprise things have continued to move today the way that they have david, would you advise inves
Actually a fourth teenager there when cullen was killed but only these three teenaged boys are being charged so no further charges are anticipated. All three suspects are being held without bail. We asked but police would not talk to us about any Surveillance Video they may have uncovered in this crime or a cell phone video that may have contained video about this crime. For now, live at Philadelphia Police headquarters, cydney long for nbc 10 news. Breaking news from claymont, delaware. You can see as firefighters helped them out of their balconies. The philadelphia judge denied bail for meek mill and called him a danger to the community and a flight risk. Erin coleman is live in the news center with more on what the judge had to say. Jackie, meek mill lawyers have been working to get him out of jail since last night. He was sentenced to prison after violating his probation which hes been on for more than a decade. The rapper used a dirt bike to sell drugs in 2007 and violated his pro
Lunch begins right now welcome to power lunch. Im Michelle Carusocabrera. The dow hitting record highs again, pushing closer to 25,000, just days after crossing 24,000. The s p 500, the russell small caps also hitting record highs but in the category of things that make you go hmm the nasdaq struggling again today because of a tech slump. Nvidia, micron, amd among the biggest declines check out what else is moving at this hour. General cable is soaring more than 30 the industrial wiring cable maker getting a 3 billion takeover from an italian rival facebook is down about 1 . One of the stocks pressuring the 100. The social media giant unveiling a messenger app for children more on this controversial move straight ahead on power. Michelle, thank you very much welcome, everybody im Tyler Matheson we begin this hour with that big market rally youve been watching all day today over 20 now of the s p 500 sit at 52week highs tracking the action at the nyse. There is some very interesting rot