Three. Investors selling stocks and buying bonds. U. S almost 1275 so getting back u. S. Dollar index to cycle highs and nymex crude staging a comeback as well. Almost 5 to 86 . 97. What are you watching . The investor space decided to sell has been Technology Stocks today. He talked about the higher price. We have seen the energy names outperforming. The best performing group names like exxon which has gotten back close to levels it was at before we saw the big pioneer deal announced this week. You got a name like Dollar General with a former ceo returning to the fold as the chief executive again. We see the gold names trading higher. We continue to watch what is happening with the financials. We looking at Overall Index weakness today for s p 500 but we are still looking at j. P. Morgan and citigroup and wells fargo in the green after they reported the quarterly results. A lot of action in bank earnings. Record profits in the third quarter. Another risk remain for the sector. Here is
Haidi welcome to bloomberg daybreak australia. I am haidi stroudwatts. Annabelle we are getting done to asiapacific is a major market opens. Shery good evenii am shery ahn. U. S. Stocks slipped ahead of the jobs report that may set the tone for the feds november meeting. Treasury yields holding below recent highs. Haidi the sec is seeking to force elon musk to answer further questions about his purchase of twitter shares after he failed to show up as requested. Annabelle gm making a safed offered to workers, but it may not prevent strike spreading as the sand of heads for a fourth week. We are not necessarily going to see the impact of the strikes when it comes to the rest september jobs report coming up in about 14 hours. The uaw strike began after the survey window close, but we are expecting economist to see slowing but stll healthy growth in nonfarm payrolls, 17,000. This coming at a time when we are contending with those job numbers. We had a mixed picture this week. We had the we
5 on a 30year yield briefly. Very close to 4. 90 on the 10year yield. Tom mathematics is important and we do not do methods early in the morning. From a careful analysis to looking a vector down freefall. Something changed yesterday and mathematics went out the window. This is a warning of price analysis and fixed income. Not to be inflammatory but it borders on freefall. Jonathan our price has been hammered, particularly over the last few months. 4. 8146 on a 10 year maturity. Lisa a what is the Circuit Breaker . It is not coming from washington, d. C. This not look like there will be a resolution without leadership. Job openings are coming out stronger than expected and manufacturers are also better than good. What point do you get a Circuit Breaker from something other than people who start to buy . Jonathan over on a speaker liz house, he had to say, this is wholly consistent with the broader structural concerns regarding American Local dysfunction and the countrys trajectory. Thos
Larry never. Elizabeth its Hurricane Season and not just hurricanes. I feel like i need to hold on so tight with all the craziness out of dc. We need you, larry kudlow. Youre the best, larry kudlow. Thank you so much. President biden goes to uaw picket line and spends 10 minutes and no fixes to own electric car mandates and wiping out their uaw jobs and former President Trump is ready to pounce and will do his uaw rally tomorrow and weve got the update and larry said that fox business Republican Debate is coming up. Weve got polls showing the top issues that voters really care about. And weve got more email shroffage linking embattled democrat senator menendez and hunter biden is what to expect from the first hearing on impeachment inquiry thursday and jp Morgan Jamie Dimon out with a stark new warning, are you ready for 7 Interest Rates . What recession. Plus what hes blaming all that on and democrat strategist james caravelle and he just slammed far left democrats as the most stymed
Streak in many years. The u. S. 10 year yield is rising but it had been the higher, 43566. It went that hyatt some point in that the highest level since 2007. It has come back a little but its still rising. The bloomberg u. S. Dollar index has beens however has been hovering around that range for weeks. Nymex crude was around 93 per barrel and still positive but 9184 right now. Jon investors have to assess what higher oil means amid energy stocks. Im watching stories tied to outlooks because within the Dow Jones Industrial average, disney has been the worst performer down 3 after the test they disclose big Spending Plans for the theme parks over the next deep debt decade upwards of 60 billion in some saw the spending where there is a lot of costcutting. Citibank suggested its a bit over blown. The outlook for starbucks in chinas getting attention because there was a note suggesting the outlook for that market might be more challenged than some analysts and investors think and they are