The dow has been up seven sessions in a row. S p is up six out of the last seven sessions you are talking the highest closes since late july overnight in asia, the sang high deposit was closed for a public holiday. The hang seng up almost 1 in europe, it looks like now most of those markets are in the green, one exception is the ftse down by about. 1 . If you check out treasury yields in the united states, another big story is what happens to the yields some of that movement started after treasury secretary told us that Treasury Department is looking seriously at the idea of a 50year bond for some time next year. Right now, the 30 year is yielding 2. 28 i saw him later in washington and he started talking about 100year bond for the next consideration. Did you prepare for seeing him by watching the interview we conducted . I did thats why i decided to take the 50 and up theante and ask him about 100. To beat the record, he would have to serve 13 years see, i knew it were you talking abo
We got a new stimulus plan and a rate cut from the ecb ahead of the feds meeting next week. Joining us in the next hour, were 130 points on the dow. The high of the session was up 170. Continuing a good week sector wise below that certainly different than the start of the week we had a big value rotation on monday and tuesday. A little bit yesterday giving it up a little bit today. Thats, i think, because he got that ecb news on the Monetary Policy which basically was in line but very accommodating for a long time. Welcome back the fbi reportedly opening an rates rallied because the u. S. Data investigation into myth real a the core cpi is the highest in capital. This session cofounded by peter thiel, thats pretty important. And i think that also the alleging financial misconduct. In a statement to cnbc. Initial claim story remains very strong as well i mean i think you have a the company sayings in a foiled rotation today but i think next plot by a selfserving week if we get less exem
Dow. Major averages are poised to end the week higher. Waiting on cloud flare ipo right now, indicated price between 17. 5 and 18. 5 dollars, thats where were going to start. Ipos we were choosing the nasdaq to list its ipo, and announcing sweeping governance changes. Swirling amidst several valuation drops, this after smiledirectclub posted the worst first day for unicorns so far this year. That stock is up 10 this morning. Also cloud flare, we mentioned it, coming today who will speak to you later this hour joining us now, casey newton of the verge and kevin delaney. Good morning to you both kevin, ill start with you we have to start with wework every day there are more headlines. Now governance changes i cant help but wonder that there are red flags around governance, why the changes are happening now, why didnt they happen before the first prospectus dropped. This is Silicon Valley, this is the epitome of the founder that wanted total complete control for life, seeding nothing to s
Without a deal well get the latest from london. Also coming up an urgent plea for help from 2 sisters in hiding after fleeing oppression and abuse in their native saudi arabia theyre hoping social media can help them find asylum abroad. No records find for same spot the u. S. Slaps the firm with a 5000000. 00 penalty for repeatedly violating users privacy will the company now change its behavior after years of broken promises. Im sumi so whats going to thank you for joining us. The u. K. s new Prime Minister Boris Johnson has delivered his 1st address to parliament he offered a sweeping optimistic vision of a britain outside the e. U. He outlined his approach to braggs it of rejecting the current divorce deal as unacceptable. And appealing to brussels to reopen negotiations at the same time he made it clear he is not afraid of a no deal scenario the minister thought forthright Boris Johnson making his 1st address to parliament as Prime Minister he repeated his promise to execute brigs
A 2nd straight day and 1000000 struggled to keep cool as a dangerous heat wave scorches the continent. Plus a record fine for facebook the u. S. Tops the firm with a 5000000000. 00 penalty for repeatedly violating users privacy will the company now change its behavior after years of broken promises. Im sumi so much going to thank you for joining us. The u. K. s new Prime Minister Boris Johnson has delivered his 1st address to parliament he offered a sweeping optimistic vision of a britain outside the e. U. He outlined his approach to brags that were checking out the current divorce deal as unacceptable and he appealed to brussels to reopen negotiations but junker has already told johnson that the current deal cannot be changed nevertheless johnson has made it clear hes not afraid of a no deal scenario the minister yeah very forthright Boris Johnson making his 1st address to parliament as Prime Minister he repeated his promise to execute brigs that by october 31st under any circumstance