Yesterday from those companies, the reaction today, apple slammed by falling iphone sales, but you might remember the company was relatively optimistic for the iphone 12. That said, not a good day for the tech stocks today. Now, for the week, the market really had a rough week. The dow down 6. 5 , so thats almost 2,000 points. It was at one point, 1800 at the close. The s p and the nasdaq both down more than 5 apiece for the week, so its the worst week since march, also the worst month since march for the market. The dow down more than 4 percent for october, 4. 6. The s p and nasdaq also off for the month a little less than 3 . Theyre all red for the second month in a row. So thats where we are. Now, the s p since the 3rd of august is something weve been tracking as well. Well get back to that in one moment. The president is speaking before he boards the plane. Lets listen to this, and well get back to the market. And since 1972, but i think were of a good chance. Theres tremendous its
European equities, up by 8 slaegts 10 off a percent we had pretty Good Movement over it had it last 24 hours because off powells testimony 1. 60 we were over 190 10year note, 2. 056 if youre planning your day its time for the crosswalk flan aer for try to pace yourself and this is right at the it very beginning of your day because youd do vp oorks and later in your day, im watching washington do the same stang and hell not see you. How were going to get numbers from Delta Airlines. After the close. You also have to be aware of ho, thats right im eves dropping youre down to five, are you not . As sooner as the numbers are out, ill give you a free cnbc envelope did you see that engine yesterday with video kw the thingroiding around in the it did. I just saw people complaining they didnt feel like they andaus compensated enough for it sglrts then you would do if you saw that it fer and if you saw nangen come across on a flight i would mang. Ohow would you notify somebody theres not enough
This morning as the first victims are identified. The world lost a great girl, and i lost a precious daughter. The very latest from the scene. The u. S. Launching air strikes inside syria hitting targeted linked to iran. The operation and retaliation after attacks on american bases overseas a live report from the white house just ahead new raids. Israeli forces and tanks carrying out another round of assaults inside gaza overnight were live with the latest on the war and the growing frustrations of families of the hostages. Back in court. The Idaho College murders trial moving forward as the judge denying the case his message to the defense and why cameras will be allowed in the courtroom for trial. Summer vibes tens of millions up and down the east coast basking in record high temperatures and set to endure the first rain free weekend since midaugust als full forecast straight ahead. All that, plus, that was swift. Taylor does it again, breaking the internet with the release of her ne
It ended up 34 points. Look at what is happening with the treasury market. This is the big story from yesterday. Huge swings where you saw the yields up significantly in the morning and drop Something Like 18 or 19 basis points. You see the tenyear yield below where we were this time yesterday. 4. 488. The twoyear yield at 5. 07 . Lets look at crude oil. Wti is up to 85. 93. Then we look at the crypto board. You b bitcoin is up this morning with the speculation it will be approved by the s. E. C. 17,000 is low. I remember it. I dont get the speculation. We talked to hester yesterday. I cant believe it hasnt happened. She also has been in favor. She seemed to suggest and i read her comments to mean these folks were not any more inclined to do it a week ago. I got her. If we did get that from her, it was like go figure. For some reason, they will not do it. It implied the logic. Sure. She has been in favor. If you have people who dont agree with logic, it doesnt matter. Ge is out. Phil l
Ago. Volatility cooling but the day is not over. Treasury market is with the bigger action has been. We saw that to your auction can in at a lower yield than the previous auction, a sign of demand. Twoyear up at 5. 08. You are watching the curve invert just a bit more. We are keeping an eye on those differentials. Jon earnings stories, we are kneedeep in them today, and doing a few key component. The dow a shining star on the market after that company got better than expected results, verizon as well. The perfect picture looking good. Ge jet engine business performing right now. Lets look at some of the other components of the dow that have been moving higher today. 3m, a company that had shown some struggles, but the outlook pleasing the market. Some cost is help the bottom line. Shares up. The Pricing Power at cocacola, it is an uncertain environment when it comes to consumer demand but coco flexes some muscle. Market responding with shares up about 2. 5 . Sonali the future Investmen