Nasdaq higher, 20 points s p 500 up a little over 1 point. This comes after declines for the major indices in yesterdays session. Dow, s p and nasdaq each closed lower by 1 . The s p 500 closing below its 50day moving average for the First Time Since march 28th. Look at treasury yields. See where theyre standing right now. The tenyear note at 4. 182 and the twoyear at 4. 908 , just below 5 . The tenyear yesterday hit 4. 2684 core inflation remained at 6. 9 , unchanged from the prior month, slightly above forecast. Pay growth continued to pose headaches for policymakers as wages grew 7. 8 in the quarter that ended in june were watching shares of cava this morning sharply higher the mediterranean restaurant chain reporting earnings per share of 21 cents since going public swinging to profitability from a net loss in a year ago quarter. Revenue of 173 million Beat Estimates of 163 million. Same store sales rose 18. 2 . The cfo attributing some of the strong traffic to increased Brand Awar
Down. Then stepped. Down. Now according to the office of. The last Big Government shutdown there were two during president clinton got. President of iraq back in two thousand and thirteen. Twenty five billion dollars according to experts that are other things could be expanded government shot down for example signing up for new social. Programs. Goes on for an extended period of time cutting a lot of things out of iraq that may run into trying to figure or bring new Product Support to the state department applications. And bang on one first some can be challenging im not a Government Shutdown. That much more in. Congress hasnt been right. The way the government. Powers are taking away. What a federal government will close if congress does not pass a funding bill by Midnight Ride that the closure will not only cost taxpayers money as weve discussed on the program before but if a shutdown lasts longer than a few days. Private sector jobs and put it in economic reform expect that was the
Tuesday. The major indices have recovered about half the losses they saw on the lows from february 9th. From february 2 chnd to february 9th a big selloff, but weve seen half of that regained lets look at treasury yields. Yesterday the tenyear was sitting at 2. 837 . Once again this morning, tenyear at 2. 84 . 30year at 3. 124 . Overnight in asia, the nikkei was off by 0. 4 . Big gains for the hang seng. Up by 2. 27 . The shanghai was up as well. Check out whats happening in the early trading this morning in europe. Youll see green arrows across the board. The cac, the dax, and the ftse all showing gains of better than half a percentage point. Stocks are higher in italy and spain. Check out the dollar, which set a new low, 15month low against the yen yesterday. You can see that continuing. The dollar down once again, 10 7. 45, the dollar against the yen. Oil prices are actually below 59 this morning wti sitting at 58. 72 brent is above 60, 62. 43 those prices continue to drop. Couple b
Approach. It was seen as unlikely to win regulatory approval. Rishaad the u. S. Could default in the markets and not paying attention. The u. S. Vice president is heading to japan. Meeting with the deputy Prime Minister later on the agenda. North korea and nuclear ambitions. Geopolitical tensions are roiling markets of late. We have a lot of pressure on beijing from washington at the moment. Some of it is apparently working. The u. S. Is getting encouraging signs that china is going to act to pressure kim jonguns regime to dismantle their Nuclear Weapons program, and that we have mike pence also warning pyongyang that they should not really dispute the resolve of his boss. Politics is the alpha today in equity trading. Data as well. Haidi thats right. I find it a little be will during we are seeing this section in the u. S. Overnight, blend clearly geopolitics is still the great big unknown. Data, continuing to paint a picture of what the chinese recovery looks like. Prices coming out
The biggest surge ever is if the sign of a bubble, a frothy market . Containing the measles in america from california to the midwest. Measles are back. What you need to know to protect your family. All that and more this hour of power. First, to sue, at cnbchq. Stocks under pressure today, all about earnings. The impact of the strong dollar the continued drop in oil, and so lets get you up to date on numbers with the Dow Jones Industrial average now in the green by about 43 points. Nasdaq composite down 12 and s p 500 is fractionally lower less than a tenth percent. Mcdonalds is higher after replacing its ceo, and boeing continues higher after the strong earnings. In the commodities sector, oil is the big story this hour. Crude hitting a six year low, dipping below the 44 per barrel mark, and brent held up better than west texas intermediates high. Thats what they watch this hour. Thank you, sue. Crude in the 40 a barrel and now they are feeling the pinch and pain and smart money smel