Story. Reporter good morning. Breaking news overnight. Matt lauer has been terminated from nbc news. Matt lauers today show coanchor Savannah Guthrie breaking the news live onair. Our chairman said a colleague had come forward reporting behavior in violation of our companys standards. Reporter according to an nbc spokesperson, lauers accuser is accusing inappropriate sexual behavior throughout 2014. How do you reconcile your love for someone with the revelation that they have behaved badically. Reporter a mainstay of the today show for nearly a quarter of a century. Lauers abrupt departure leaves colleagues in shock. Ive known matt for 15 years and ive loved him as a friend, as a colleague still dealing with the news of a friend of 30 years and were all trying to process it. Reporter President Trump was quick to tweet about matt lauers firing, hes facing allegations of his own. At least 16 women have accused the president of sexual misconduct. The president has denied the accusations,
A powell boost and metcoin above 11k. And snap snubs social media a blistering ped about facebook and spread of fake news. And amazons growing influence, we have an exclusive interview with andy jassy. Stocks are on track for more record high. Boosted by advancement of the tax reform bill to the senate floor. Financials obviously rallied following comments by fed chair nominee Jerome Powell at his confirmation hearing he did say bank rules are tough enough he also got bitcoin surpassing 11k, after breaking 10k about 24 hours ago, jim. Yeah, i know ill get heat on this but even if you believe in bitcoin, the velocity of the move is a sign that its parabolic and parabolic moves dont last and i know that when i look at that i say to myself, okay, if i owned it, what would i really be doing . The answer is when you have that big a gain you have to take profits. That velocity is crazy that velocity is not right. Whos buying this thing some arguments say its people in venezuela that want to
New data and uncertainty over tomorrows opec meeting. Well be leave in vienna with the latest porsche is unveiling a new model today. Ceo will be joining us in a first on cnbc interview coming up but while the dow and s p started off the session with alltime highs yet again, the nasdaq has been falling all day and Companies Like netflix, apple, amazon, theyre seeing big declines bertha combs has the news. So are the big tech cap stocks, investors calling it the great rotation today theyre taking profits on names that have run up so fast look at autodesk thats a case in point today, trading at alltime highs yesterday, tumbling on an earnings missed also announcing a 13 work force layoff, thats sending some jitters as well in tech. The biggest source of pain though overall is the sector now the Semiconductor Index has been leading the charge to alltime highs here at the nasdaq the index closing at a record high led by micron and invidia, both doubled this year invidia today seeing a chal
Im seema mody im dominic chu we are seeing green this morning, a nice reversal from yesterday. The s p is latslated to open 1 points to the upside the dow slated to open up about 130 points, the nasdaq by 35 also checking in on whats happening with the tenyear, 2. 8 4 we see 2. 835 the last trade of the tenyear a key piece of inflation data out today, the Consumer Price index could have an effect on that bond market lets check the temperature overseas in asia stocks are relatively higher with japan being once again the exception. Thats on the back of a rising yen which is at a 15month high against the u. S. Dollar. We also got data out overnight in japan, growing at a pace of 0. 5 last quarter, thats slower than expected, but still its eighth consecutive quarter of growth hang seng, shanghai composite and kospi seeing gains of 1. 2 the hang seng helped by tencent shares a lot of these tech names in asia that sold off last week did rebound overnight. Eurozone gdp hitting the tape, up 0.
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