Earnings for apple and amazon. Snapchat filing as early as this week. The ball rolling for one of the most anticipated ipos of the year. But first up, the president defending his executive order restricting travel to the u. S. From those seven muslim majority nations. Despite protests from around the globe, just moments ago the president tweeted, if the ban were announced with a oneweek notice, the bad would rush into our country during that week. A lot of bad dudes out there. Apples ceo tim cook among the Major Business leaders who oppose the executive order. In a letter to employees he wrote, ive heard from many of you who are deeply concerned about the executive order. I share your concerns. It is not a policy we support. Goldman Sachs Blankfein echoing that almost word for word today. Reactions to, jim, from google, nike, Reed Hastings of netflix calling it unamerican. Yeah, i mean, look, i think most executives were surprised. You look at who works for these Great American compani
For sara today. Syoure wearing the appropriate color. I thought i would jump right nfrmt. In. Lets see what happened yesterday. Down day for all of the indices. 10 out of 11 sectors were down. Financials down 2. 89 , within that banks down more sharply, the best part of 5 . Very sharp moves to the down side yesterday for banks in particular. There was one positive sector, utilities, it wasnt just positive it was significantly positive up 1. 4 . That was the only sector higher. Some significant profit taking across the board yesterday. There is the s p Financial Sector suffering the biggest daily decline since the brexit fallout day, down 2. 9 . Tenyear treasury note has a lot to do with this. Yields slipped significantly yesterday. Now down 2. 4 . A couple weeks ago near 2. 6 . We had seen a flattening of the yield curve over the prior two weeks, the moves this week have been across the board. Yield s now at 2. 40. We have mick dahave economic ja japan. Exports rising 11 . Imports up 1
In europe things are in the red. The dax and cac are down 0. 6 . The ftse off by 0. 8 . Knitly, sto ly in italy, stocks are down about a percent. Right now the dollar is up against the euro which is trading at 1. 0874. Down against the yen. And crude oil has been weakening even as the dollar had been struggling with issues. Wpi down abo wti down by 1. 43 . Have we shown the tenyear . No. I would show the tenyear. 2. 40. I will do a story in a second talking about fed speak again. Who cares about the fed anymore, theyre irrelevant, not at 2. 40. 2. 40. We were on our way again. We were on our way again theoretically to 2. 60, 2. 70, 3 . What does that say . Does that say 1 gdp number in the First Quarter stays at 1 . None of these things in the trump agenda come on time . Or big as expected . Are they delayed . Does trump care lite mean tax reform light . Or do we even get the taxes . So these ive never been in congress, i never will be. But theres a lot of kabuki dance. I understand th
Shares higher despite a miss. Whats up next for the Delivery Company . First up, tuesdays session went from that record intraday high for the nas earlier in the session to the worst day of the year. Jim, were going to walk through reasons why this happened, the play book if it in fact changed anything at all. Yes. I think that shortterm there is a sense that if the tenyears calling all the shots and the tenyear is showing perhaps things are slowing or will slow because we will not get the stimulus because trump is in the swamp. Ive also been listening to the coverage and joes right there could be some things that he was talking with mr. Javers about the manafort situation. But the fact is i think comey scared more people than what people were willing to talk about. Comey came out and many people feel destroyed Hillary Clintons chances because he basically just says, hey, listen, it could be really bad. And comey comes out yesterday and uses the word criminal in the same context and tha
Full responsibility for it. Charlie the International Tennis federation band sharapova from competition for two years. Today, the court of arbitration for sport announced it was reducing her suspension by nine months. The ruling held that the itfs original penalty went too far for a violation that was committed unintentionally. Sharapova is cleared to return to competitive tennis in april. I am pleased to have her at this table for this first time. Tell me your reaction to this decision that came from switzerland. Maria friday morning was a Beautiful Day for me and my family and my friends. Just the thought of coming back, i was in my bedroom, and i received the note from c. A. S. And i just screamed down to the first floor to my mother that im coming back. So, ist seven months or knew that i had to she came up, she ran up the stairs, and i gave her a hug. I was so emotional. Much,ing that i wanted so i was having another opportunity at it. Charlie how heavy did it hang on you, the sus