Tuesday with the nasdaq 100 at alltime highs with a big focus on retail for the next 60 minutes or so. We will hear from lowes. We will hear from macys, too. From target, plans to reduce prices on 5000 items. We know consumers are feeling pressure. Lisa we havent seen it show up , the pressure, and the broadbased confident for disinflation, which is the reason twiddling our thumbs waiting for retail to come down. Annmarie barclays saying challenges for target, cutting into memorial day, expect or of your bargains to go into july 4 like everyday items. The, soda, fresh fruit, yogurt, peanut butter. Jonathan, it caught the attention of the white house. Biden immediately tweeted about it. Jonathan surprise, surprise. We need to look to the bulls on wall street. We will catch up with mike a bit later. Still bearish, jp morgan maintaining a bearish stance with high valuations, restrictive rates, and in nation. Lisa he also acknowledged a negative stance in equities, its got to be pretty awk
Live on tv and radio. Your bond market reopens stateside with the powerful rally on the 10 year yield. 4. 66. Tom lets see how it comes off as a flight to quality as a general statement. Think we have to let it play out. The news flow from israel is minute by minute literally. Jonathan this is a treasury market that missed out on the haven flows yesterday. And you have to throw in the fed speak which started with your interview with mary daly and letting the bond market do the work for them. Then the rally starts. Lisa i wonder if that will lead them to reverse some of their stance. Is this less of a haven trade type of a bid and more of a response to fed officials signaling that maybe they are done. That really is maybe the confused soon confusion in the tea leaves. Tom i think they are going to wait to see what ppi is. When is cpi wednesday or thursday . But the answer of ppi is possibly more important. Jonathan the update on israel, the latest from Prime Minister Benjamin Netanyahu
Continuing breaking News Coverage. Im Ayman Mohyeldin in new york. It is five a. M. And gaza city. Fighting between israel and hamas now enters a third day. Just the last few, hours nbc news has learned that several u. S. Citizens are among those dead and israel. Thats according to a National Security Council Spokesperson. The has said its monitoring the situation closely and the State Department is ready to provide assistance to any u. S. Citizens ill in the country. Ght, now 700 israelis are dead, 2300 injured. According to israeli officials. The Palestinian Health Ministry Says their death toll stands at more than 400 with at least 2300 injured. Israel has confirmed that forces have taken both military and non military israeli captives. Israeli media says that number is actually at 100. It includes, women, children and the elderly. Earlier today, Family Members of some of those taken by hamas held a press conference. They shared their stories and pleaded for help. Here is one woman
Live from new york city this morning, good morning, good morning. Leaving behind a very messy month of april and kicking off may with the futures 0. 5 on the s p 500. Southside note to south side note, saying the same thing, its a hawkish chair powell. Hawkish relative to what, the last time that they met or what the market is priced for . Lisa its a reason that some people are saying sell the rumor, buy the news. Expecting bonds to sell off, they will be disappointed. Chair powell, basically hawkish means his coming out and saying we are not sure, we havent made us much progress, we are still monitoring it and will not say anything about something that rhymes with wike. Jonathan wike . Just say hike. Lisa he doesnt want to say the h word. [laughter] jonathan 5. 03 on the twoyear this morning. Alan ruskin at Deutsche Bank thinks this is the stat of the day, the 2year note has rallied on all of the last four fomc days, eight of the last 10 days of meetings since february, 2000 23. Chair
American history tomorrow, opening arguments are set to begin in the first where he is facing dozens of charges related to film actress Stormy Daniels. Tonight, trump is lashing out at the judge, again, calling for the gag order to be removed. Ahead of a hearing on tuesday. Prosecutor said last week that trump had already violated that order seven times already. Lets get straight to cnns Marshall Cohen and joins me here on set. So marshall, tomorrow is going to be unprecedented in so many ways. What are you going to be looking out for . Well, i am not looking to see the judge take that gag quarter away. Right. We all know thats not going to happen. Thats just trump lashing out. He is allowed to attack the judge. He is allowed to attack the da, but he is not permitted to talk about the other prosecutors, the staff at the court. And importantly, the Family Members of the judge. So he is toeing the line. Theyre going against the judge saying playing playing within the rules and limitation