Investors a bit unnerved in the last our or so. The index supported by netflix and teslas post earnings drop is weighing heavily on the s p 500. Talk of the tape, should investors take heart in powells waitandsee approach and the encouraging earnings outlook, or is there a flashing light for risk . Lets ask chief Investment Officer at i capital. Plenty going on. As we just kind of ran through, the bond market is still fixated on, perhaps, the supply of treasurys at the long end, perhaps the lack of buyers that have shown up so far and its gotten people skittish. Is that really whats driving things right here . Can we get some clearance from the bond market to refocus on earnings any time soon . Unfortunately, not yet, or at least not today. And if you think about whats driving these yields, its at least three or four different factors. First of all, youve got growth that remains resilient and that pushes up the long end of the curve. Youve got inflation, oil thats a little more resilie
Much. Lets im kasie hunt. Dont go anywhere. Cnn this morning starts right now. Good morning, everyone. Hope you had a good evening. Good morning. Good morning. A lot to get to. Five things to know for this tuesday, october 3rd. Mccarthys next move. All eyes watching to see how the House Speaker responds to Congressman Matt Gaetz formally filing a motion to remove him from his leadership post. And happening today, a courtroom split screen. Hunter biden set to be arraigned in federal court in delaware and former President Trump expected to head back to court in new york for a second day of his Civil Fraud Trial. Also, 9yearold charlotte rescued in a dramatic raid two days after she was abducted. Police tracking down the suspect based on a ransom note left for her parents. This also breaking overnight, texas congressman henry claire carjacked In Washington, d. C. At gunpoint. His car, his phone, his ipad all taken. We are told, though, he is okay this morning. And after five months of str
Tensions on college campuses. Last night, officials at nyu asked the nypd to remove pr protesters from the campus. The palestinian protests had not been authorized and asked police to enforce trespassing violations. Students and faculty among those arrested. And then at columbia university, classes for the semester would be hybrid and remote when possible as billionaire donors are rethink going support of columbia. In a statement, patriots owner robert kraft, is not comfortable supporting the university until corrective action is taken. When asked if he would pause support, leon cooperman said i cannot say that yet. He doesnt hold the administration possible for the demonstrations. He said the kids are out of control. Cooperman will join us live this morning at 8 00 a. M. To talk about the protests and donations and other plans as well as views, of course, of the market. Back to corporate news. We are watching novartis. Reporting better than expected First Quarter results and raised fu
A deal to acquire Cloud Software provider hasha corp. At a premium to its 4. 9 billion market valuation could be reached within a matter of days, shares surging over 22 right now on that news p. Lets check ib bm shares. Initially, they dropped on the report but now just up about half a percent right now. Lets get to the border broader or markets because the bulls are charging ahead with about a 59 minutes left to trade. All of the major averages extending yesterdays gains. The dow is up 257 points and on pace for a fourth straight session of gains. The s p 500 up 61. 5 points right now, looking for its first back to back gain since last month, and the nasdaq is also trying for two up days in a row, looks as of now that it will clinch that. Earnings season, folks, is officially here, and helping at least in part to paint the session green. Speaking of earnings, investors giving the green light to General Motors after its report morning. Shares really accelerating right now by 5 after th
I dont think theres a lot of people Walking Around that dont find themselves situated in ideological camps that they can see can and cannot. Increasingly when they look at joe biden, theyre just seeing cannot. If we did another vote and removed another speaker, i think we could lose the house and endanger the republican majority in a dire way. Mike johnson is our speaker. We have the compassion to lower energy pr prices and if i sound a little frustrated, i am. We have more energy than any other company in the world. Theres a group of right wing students on campus and targeting the lgbt Student Center or the Muslim Student life organizations, and they were saying the school should cut ties with them completely. I wonder how that would play out. Stuart why dont we play some diana ross and supremes. I go back that far. You dont. 11 00 eastern time and monday, april 22. V. Did you know this is earth day. You do now. Check the markets, dow up 45 and nasdaq up 8 and s p up 7. Didnt start ou