Trading days of what is shaping to be a weak month in quarter. High pressure this morning after it offered weaker than expected. Sanjay mehrotra will join us later this hour. And a Company Named ryan cohen as ceo. Lets begin with the markets. We mentioned what the yields were doing today. Jim, 50 basis points. I said that we would have the d inversion and that you couldnt really be excited about the stock market until the 20year, which is at 4. 1. It is now at 4. 98. Crosses over the feds fund rate. That would be where you can finally say this market is getting interesting. It is oversold. But we cant seem to find any supply of oil near 100. 100 is supposed to bring out some supply and in the oil companies. But i dont want to give up here because this run has been so bad and it needs to consolidate. Heres what i will come up with. We will have a test, i believe. I actually know the time, 1 43, 1 42. Thats when we bottomed yesterday. Actual time of day. That was yesterday, youre saying.
Economics minister alexei. And unexpectedly tough sentence off he was found guilty of taking a bribe from an ally of president Vladimir Putin and of course to end celibacy in the Catholic Church this australian inquiry reveals sex abuse of children over decades long list of Malcolm Turnbull pulls the findings of the report a National Tragedy. In the next half hour at the feet of young european women who married. Linda is awaiting trial and bug its the first time the german teenager has seen her parents since running away to join the extremist group. Hello im im touchy about good to have your company day two of the e. U. Summit in brussels and a breakthrough on braggs it counts of president to skip said leaders that agreed to move on to the second phase of talks on britains departure from the bloc its a big boost for Prime Minister to resign me but the summit began with discord over migration donald tusk called refugee quotas ineffective and highly divisive earning a rebuke from german
Spots as that temperature starts to drop. Thats our main story tonight it is temperatures. In the meantime, though, the good news is we dont have to worry about this snow anymore. Its out of the picture. But once again it left behind icy spots. Lets take a look at where we are right now in terms of temperature in the nations capitol. Kaeld 27 degrees feels only 0 and winds are light and we dont sa significant wind chills. Elsewhere, 32 winchester and 19 culpeper and only 17 mannasas this hour. 28 quantico and 20 in baltimore and 23 at frederick. So your overnight lows into the 20s everywhere as i said winds light not much of a wind chill to be concerned with and definitely something to make a difference on the roads that were not treated sidewalks and bridge and overpasses. Do keep that in mind and head out we have a milder weekend for tomorrow. Ill have the details later, ck be careful. Go to fox5dc. Com and well keep you posted with the latest breaking weather alerts own fox5 mobile
Im seema mody in for sara eisen. Good morning. The big story that has everyone buzzing, alabamas dramatic overtile win ovove overtime win in georgia. More on that story coming up but congratulations to them. Commiserations to the losing side first, lets get back to the market picture we did have plenty of record highs intraday yesterday but not all record closes. The dow did close slightly lower for the day. The s p and the nasdaq were slightly higher. The nasdaq led the charge, up 0. 3 gains were slight but they were broad, 9 out of 11 s p sectors were higher. Utilities were the best performing of them and that highlights the boring fle ing n the outperformance tenyear treasury note for you, yields rose yesterday as they were towards the end of last week we have crossed 2. 5 the elusive barrier out of the 2. 4s 2. 5 bangon this morning the shorter end of the curve has been rising fast yields up which supported the dollar but the shorter end leading the charge higher. In asia, mostly p
Points overnight in asia, the nikkei hitting 26year highs during the trading session. Market ended up by over a half percentage point to 23,849 in europe this morning green arrows there the dax up is up by 0. 2 in france, the cac is up the ftse up over 0. 1 . Yesterday the yield on the treasury closing at 2. 48 . This morning the tenyear is yielding all the way up, almost 2. 496 stocks to watch today. Samsung is forecasting a 64 rise in Fourth Quarter profits on continued demand for memory chips but that guidance is below analyst estimates. The strong yuan and yearend bonuses hit results. Samsung will report detailed earnings at the end of the month. Shares of altice are higher after the Company Announced plans to spin off u. S. Operations the Telecom Provider will pay a 1. 5 billion Cash Dividend prior to separation and launch a 2 billion buyback of u. S. Shares after the spinoff. British American Tobacco says the new u. S. Tax rules will boost earnings by 6 in 2018 the changes will a