Against the dollar late yesterday. The u. S. Treasury in the day labeling china a currency manipulator. Since then Chinas Central Bank has stepped in we well speak with white house chief Economic Advisor larry kudlow in a few minutes. You and i were talking yesterday, jim, about what we might expect in the market during the course of the day the move down in yields and the 10year in particular also caught a lot of peoples attention. Here we are a day later. We looked like wed be down sharply after other markets opened down. We have now rebounded at least in the futures market. What are your expectations i think that you cant buy enough opening there was a lot of money committed on the sell side i dont know how much short, between when we announced there was going to be designation and probably right to the special last night apple 185, microsoft down 5, facebook down 20 these were very big prints over and over they just kept hitting the bids, hitting the bids, hitting the bids they wer
Places where you can shop and drink. And sue takes us inside the Tallest Hotel in the united states, it will be your first look. Its supposed to open in the next few weeks. Before sue moves on up, she is at the nyse. Hi, sue. Yeah. Well go uptown in a few minutes. Well take you to the. Top floor in about 30 minutes. Lets talk the numbers and big ones on wall street today. Tyler showed us the Dow Jones Industrial average up now about 178 points on the trading session. The s p also firmly into the green territory. Its up better than 1 at 1804. 25, significant its once again above the 1800 mark. In terms of the nasdaq the last trade, were up about better than three quarters of a percent or 34 points on the trading day. And the tenyear in terms of the yield, it was all over the board after the employment report this morning. Right now its at 2. 87 . Keep in mind, everybodys looking for the three handle near term in the tenyear. There are three questions were asking on todays jobs number. O
That and more for nightly Business Report for wednesday, september 11th. The dow has done it again. Three days in a row of triple digit gains. The s p up seven straight days, the longest winning streak since july. The closing numbers, the dow soared 135 and the nasdaq down four and s p added five points. Over in the bond market, u. S. Treasury bonds rallied after an auction on the benchmark tenyear note attracted the highest demand in six months. 21 billion worth sold at a yield at 2. 94 , the highest uncle sam paid in two years. Susie that pail in comparison to verizons history making Corporate Bond offering today. The biggest ever on wall street. The giant sold 49 billion worth of bonds today and incredibly, that was only about half of what investors were willing to buy. It will use the proceeds to help finance the purchase of vote a phones, 45 stake in those two companies, Verizon Wireless joint venture. David faber joins us with more on the massive side of this deal and youve been
That and more for nightly Business Report for wednesday, september 11th. The dow has done it again. Three days in a row of triple digit gains. The s p up seven straight days, the longest winning streak since july. The closing numbers, the dow soared 135 and the nasdaq down four and s p added five points. Over in the bond market, u. S. Treasury bonds rallied after an auction on the benchmark tenyear note attracted the highest demand in six months. 21 billion worth sold at a yield at 2. 94 , the highest uncle sam paid in two years. Susie that pail in comparison to verizons history making Corporate Bond offering today. The biggest ever on wall street. The giant sold 49 billion worth of bonds today and incredibly, that was only about half of what investors were willing to buy. It will use the proceeds to help finance the purchase of vote a phones, 45 stake in those two companies, Verizon Wireless joint venture. David faber joins us with more on the massive side of this deal and youve been
Poor is the widest since the Great Depression and growing. What triggered the spike and what can be done about it . That and more for nightly Business Report for wednesday, september 11th. The dow has done it again. Three days in a row of triple digit gains. The s p up seven straight days, the longest winning streak since july. The closing numbers, the dow soared 135 and the nasdaq down four and s p added five points. Over in the bond market, u. S. Treasury bonds rallied after an auction on the benchmark tenyear note attracted the highest demand in six months. 21 billion worth sold at a yield at 2. 94 , the highest uncle sam paid in two years. Susie that pail in comparison to verizons history making Corporate Bond offering today. The biggest ever on wall street. The giant sold 49 billion worth of bonds today and incredibly, that was only about half of what investors were willing to buy. It will use the proceeds to help finance the purchase of vote a phones, 45 stake in those two compan