You picture that in power lunch starts right now. S. Hey, everybody welcome to power lunch for a wednesday. Thanks for joining us. Im tyler mathisen, stocks on track for the first down day maybe for 2018, and you want to be volatility you wont see it there look at those moves. The dow just peeking into positive territory by 0. 01 of a , led by the airlines, american, united, delta all flying a new tenmonth high and breaking news on the tenyear auction results Just Moments Away were above 2. 5 Home Construction stocks tracking for their worst day, folks, in more than a month. Morgan i am Morgan Brennan are Rising Interest Rates a threat to this rally we have all the angles covered Rick Santelli in chicago watching an auction of tenyear notes. Steve liesman here on set on the rapidly Rising Interest Rates, but we begin this hour with bob pisani where stocks are rebounding bob, whats going on slowly but surely, about you it started out rather rocky. Preopen, the futures contract, where ab
500 lower on the week. Onare looking at big gains pace for the best week since 2013 and the dow on pace for its best week since 2011. Two weeks of selling pressure led to this current week of big gains. Lets take a look at the daily moves. Massive the days of selling pressure. Days in a row. Will it continue . Where we have contrast, earnings movers. Shares are trading higher after the company did Beat Estimates. Shares higher than they have been but a bullish tone. Both of these Companies Put up disappointing reports. Shake shack, a bit conservative. I want to highlight something we have been talking about where we have big gains for stocks and some jitters in the credit mark et. Flows, weed weekly see lots of inflows, the risk on , the last three weeks we have seen massive outflows for highyield credit, suggesting even though we have these gains for stocks on the week, there could be volatility ahead. Risinguropean stocks until the end of the friday equity session. Up by 9 10 of 1 .
13yearold cecil the wind was known to visitors in that the lion was a word out of the plot to be killed. James palmer paid 50,000 to shoot and kill the much loved lion with a bow and arrow. He did everything legally appeared relied on as guys and did not know the line was a local favorite. The new york yankees making a Statement Last night. Scoring 11 runs in the second inning last night. They went on to beat the Texas Rangers 21 to five. Back to our top story right now. Roger goodell up with in the fourgame new England Patriots Quarterback Tom Brady for his role in using a deflated football during the afc championship game. Equating it to the use of illegal steroids. For steroid use appears to be the closest parallel and improper effort to secure competitive advantage threatening the integrity of the game. Jim gray was the last reporter to interview brady oneonone and had this to say to sean hannity last night. Theyve taken 7 million on this. All they can come up with is circumstantia
Moving out. It is continuing to go on though. You can hear the protesters chanting. Now, does the senates repeal and replace obamacare placeholder have a pulse . As the afternoon goes by, some are indicating its dead before arrival because theres a gaping loophole in coverage for what those protesters are concerned about, preexisting conditions. If the senate manages to pass it, will the house close that loophole . Georgia congressman Drew Ferguson is a dentist in the House Doctors caucus. He voted for the house version which included the preexisting coverage. Hell take the pulse of the bill for us live. And the nfl players didnt like President Trumps comments in alabama friday night, demanding that nfl owners fire those, quote, sons of bitches who wont stand for the National Anthem. Will the president end up being right . Ratings today show the showdown is bad for business, but would firing the football stars be even worse . The former owner of the new England Patriots, Charles Sulliv
Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to apples, i like the earnings per share or the earnings increase. 26 . 26 earnings increase. That is what do you do with t