In europe, the dax up 1. 5 the cac up 1. 4 . Ibex up by more than 1 . Looking at the treasury yields the tenyear yield cracking 1. 7. Went out on the day at about 1. 71 the tenyear yield now at 1. 675 tom and i were chatting about a blog post from pimco saying u. S. Nominal yields could go negative dont blame the Central Banks, there are also Secular Forces at play that could bring down u. S. Rates. I think thats what happened overnight. It caught a bid because of that blog post. Thats a big story with pimco, the Largest Bond Fund manager in the world saying rates could go negative, rates could go negative. 1. 67 on the tenyear yield. Disney shares are under pressure this morning. The company reporting earnings of 1. 35 a share, missing analyst estimates by 40 cents. Revenue coming in short of forecast disney blaming costs related to the creation of its new streaming service, which we knew would cost something and the integration of foxs entertainment assets which it bought for 71 bill
Of your calls on state of the union, 8 00 is when our coverage starts, you can watch the speech at 9 00, you can watch it on cspan, at cspan. Org, and the app. We now take you to the house of re the chair lays befor the house a communication from the speaker. The clerk , d. C. March 7024. I hereby appoint the honorable Michael Guest to act as speaker pro tempore on this day. Signed, mike johnson, speaker of the spear proemre sentatives. Pursuanto thehe housef january 9, 2024, t chair will now recognize members from lists submitt by the majority and minority leaders for morning hour will alternate cognition between the parties with time equally allocated betwn the parties and each member other than the majorit and minority lears and the minority whip limited to five minutes. But in no event shall debate continue past 11 50 mr. Thompson thank you, mr. Mr. Speaker. Mr. Speer, rise today to recognize andonatulate muel hundz burge huurger. He recently accepted a fully quified appointment to
. Lse to leave and there appear i apologize. That is the word. Throughout the day, you can conversation on cspan or our twitter feed as well. Itch mcconnell 2 50 p. M. Eastern time, the live here on cspan. Mitch mcconnell is a presumptive new majority leader of the u. S. Senate and hes both, as did his allison, they both spoke last night. We want to show you the concession and victory speeches from last night. [cheering] are you having a good time . [applause] , we areht like tonight grateful, above all else. For me, the gratitude starts with people of kentucky. [applause] they have put their trust and confidence in me for a long time. I want to thank them tonight. I work hard to bring your concerns to washington and i will not let up. [applause] you know, every election is a job interview. In this cake, a very long one. [laughter] i have shared my vision with you. Shared your stories and concerns with me. One complaint has stood out above all the rest, especially in recent weeks. Anou