France the leader in terms of at least downside. The 10year note yield you ask, show you where we are. 1. 54 and crude is, of course, one of the key parts of the story here. It is up, but yesterday started up, and ended down. Took us with it on the broader markets. It would seem oil once again starting to core core late with the market overall. We will be watching it closely. Lets get to our road map this morning. And were going to start with Hillary Clinton. Getting a big endorsement from a major gop player, meg whitman, as the hewlettpackard executive calls donald trump a demagog. Time warner takes a 10 stake in hulu and the company raising its outlook, Strong Quarter, stock up on the news. We will give you more. Aig shares up nicely after that company beat earnings estimates. Helped by lower expenses. Announcing a 3 billion increase in its buyback. By the way we will talk to its ceo Peter Hancock later in this hour. There you go. Because that is the biggest upside surprise to them.
John fort is back from the mobile World Congress in barcelona. Tired but here. Its good to have you back. Great stuff this week. Along with kara swisher, executive editor at recode that joins us here today. First up apples annual Shareholder Meeting is set to start a little under an hour from now. Josh is there live. Hey, josh. Well, apple shareholders have been lining up all morning and coming in from all around the country i spoke to one guy that drove 8 hours from southern california. Another man that actually flew in from nashville. Of course the big issue here today is this fight between apple and the u. S. Government. When i asked the shareholders did they think the government should be able to force apple to write new software to bypass those security features, give the fbi access to this encrypted locked iphone they said no. It was pretty unanimous. Of course these are am shareholders and investors and believers but you heard them echo the same comments we heard from tim cook.
Sell sell sell. Youre often avoiding pain, but youre also likely to miss the big opportunities. Sometimes you need t deal with a bit of anguish to be in a position to rack up the longterm gains, but thats very hard to do if youre always flitting in and out of stocks at a moments notice. We see this thinking play out every day including today. The nasdaq dipped and i frankly find the behavior disturbing. Theres no clear example of this sort of stock not owning, but renting than facebook. For the last couple days, the stock has been under pressure. The reason . A Research Note came out recently saying that what facebook reports in roughly two weeks, it might disappointed [ baby crying ] holy cow. A stock thats up big with a quarter that might disappointed . Isnt that a clarion call to sell sell sell . Cmon, right . S wait a second. Every single Time Facebook has reported, there have been rumors it could be a rocky quarter. The problem is, if you really want to risk selling the stock of a
Lets talk whats happening with stocks because you pointed out the dow heat map and the dow heat map is almost all green. Here are the two biggest point contributors to the rally. Nearly 200 points to the upside today. Take a look at this. Post 6, the nyse, imc, Market Makers for boeing shares. Up about 2 . They are adding 26, 27 points to the overall rally in the dow. Now were going to turn around here and go around to the other side and this is post5 for Citadel Securities where Goldman Sachs trades. Goldman sachs up over 2 as well. Thats adding north of 20 points to the overall dow rally so those two stocks are showing real signs of life, and if you take a look at the Macro Markets overall for the sectors in the s p 500, we do see that financials and industrials, boeing and Goldman Sachs, are among the two best performing sectors so far today. Also, one more thing to watch here. Some of the traders have been talking a lot about oil prices. We can see Oil Prices Moving higher right no
Back after the tenyear hit a sixmonth high earlier in the session. We talk to pimco chief officer scott mather in just a few minutes. And treasury yields across the pond as well have had a huge gain. Also that picasso painting sold at auction last night, a record 179 million. Economist norle ra lle lle Nouriel Roubini will be here. He thinks some people use expensive art as a form of Money Laundering, unquote. Hes at it again. Hes dr. Doom of the art market. With an hour to go in the trading session, the dow is down about 18 points. Again, fall back into positive territory. An ounce of downward pressure only a little bit. The s p and nasdaq giving up 0. 2 right now. 4 points and 10 points respectively. That level for the nasdaq 4983. Lets talk about this in our Closing Bell Exchange for this tuesday. Chris ressler is with us rob morgan checks in from sethy financial and Kevin Guinness from Raymond James is with us so is ken moret. Kevin, youre head of fixed income there at Raymond Jame