Stadium, armed forces also set fire to police stations. Gangs have called on the Prime Minister to step down and this weekends coordinated crime spree kicked off as the Prime Minister traveled to nairobi to talk about the possibility of kenyan peacekeepers going into this part of the world deploying to haiti. As all of this take place, san drashgs the government, in the u. S. The government is urging americans to leave if they are on the ground to leave as quickly as possible, sandra. Sandra alex, thank you. From the river to the sea. Palestine will be free. Free free palestine. Free free palestine. John antiisrael protests like those are now routine on College Campuses across the country, with you they are mild compared to the hate that some jewish students say they are actually facing. Sandra the clock is ticking for leaders at harvard to do something about it, they have until 5 00 p. M. To respond to a House Committee over claims of antisemitism. John john roberts in washington. Ame
Campus. And this issue could be popping up at other wellknown colleges all over the country as well, kelly. Well talk about how they and maybe the employers as well should be navigating it. Lets take a look at the markets. The dow down almost 300 points going on a 1 move. Same for the s p. The nasdaq as well, all 11 sectors in the red today. Energy and tech were helping us in the green, but theyve given that up. A lot of this coming after the poor 30year bond auction top of the hour today. We had similar after the poor 10year bond auction yesterday. Yields continue to climb. That tells you where the market worry is at the moment. Were watching shares of birkenstock, continuing to drop, which priced at 46, opened at 41, and is going to break below 38 a share. Well have more on recent ipos struggling. Mizuho cutting the stock to underperform with a 5 price target. The stock is 8 now but was a 230 stock. Hotter than expected inflation read out this morning. Could this change the feds plan
Fighting continuing in israel today. President biden expected to speak shortly to pledge his support for israel. With the chaos in congress, what can the u. S. Actually do . What can they aprop pre yat . Nothing right now. And we are continuing to monitor the market reactions. Stocks continuing the Late Afternoon rally. Bond yields are falling. The dow was up half a percent, three quarters of a percent for the nasdaq and the s p up. A couple of individual names are in the hotels and travel and leisure broadly. Look at these increases. Hyatt up about 7 . Added to the s p mid cap it gives a boost because it goes into the index funds that managers have to buy. Truist also higher. The Company Reportedly in talks to sell the Insurance Business for 10 billion to stone point. This domscomes ahead of earning season. The human toll in the middle east continues to rise as the conflict enters its fourth day. President biden is expected to speak any moment now. So what kind of about what kind of r
And currencies ahead of europes close. Speaking of m a, a massive deal in tech. Why cisco bought splunk and what it might mean for more m a in that space. Topping the tape, higher for longer. Are stocks setting up for a test of the august lows . Senior markets commentator mike santoli is with us. Does feel like stocks are playing a catchup to bonds, which were ahead on the higher for longer. To a degree, yeah. Were sort of arguably in that test thats under way. The s p 500 about 0. 50 where it bottomed out in midaugust. Its also the lower quarter ep end of stocks are waiting to see if longer term treasury yields were, perhaps, topping out around those october highs. Now weave clearly broken higher. What happened with the fed yesterday, even in broad strokes, as weve been saying, not a radical change. Theyre done or near done. Any moves come slowly, theyll be careful. They did remove those potential rate cuts, however anything longer than six months is all kind of hazy on the horizon. W
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