Mathisen. We got this close early today, fed chair powells seen as dovish and then hawkish sending yield on a wild ride. Tesla tumbles following results from elon musk and several analysts cutting their price targets an one of the biggest bears on the street. We will. Tyler, lets get a check on the markets. Dow fluctuating all over the place, down 38. Down across the board on the major averages only by a bit. A quarter point for the s p, 4305. Rick santelli saying because the twoyear yield has backed off since we heard from chair powell given room for stocks to initially turn higher although given up the gains now. And the long end might be the culprit for that. The yield on the 10year like tyler said, see the spike around 1 00 p. M. Eastern almost touched 5 , 0. 004 shy. Elsewhere, netflix shares like yields, what yields. Were up 15 . Higher prices, password crackdown seems to have put the company on a growth trajectory. Shares up 16. 5 . Well get more coming up in three stock lunch.
Billion for various projects to shore up the energy grid, this follows a 7 billion investment in hydro again and well talk to the energy sent Jennifer Granholm about that and more. And the markets have seen big fluctuations. Were off session lows. The dow down 178. We hit the session lows right around 1 00 p. M. , improved a little bit after the better 20 year treasury auction, and then started sliding before we stabilized. The s p is down 35, nasdaq down 1 . And bond yields have been moving hire of course until that auction. Nvidia shares, down again today. Down nearly 10 in a week now, 100 billion in market cap wiped out. Both citi and mar organ stanley cutting their price targets. And we start today with the markets. Stocks falling as hire rhigher raits way on the market. The 10 year above 4. 9 and that is happening as earnings season cooks up. Lets bring in our chief investments officer. Can concentrated u. S. Growth continue to grow if Interest Rates continue to rise . Absolutely.
Haidi you are watching daybreak asia coming to live from new york, sydney, and hong kong. Annabelle we are counting down to asias major market opens. Shery australia has just come online. President biden wraps up his trip to tel aviv signaling full backing for israel and supporting its claimed that Palestinian Militants were to blame for the gaza hospital blast, but fails to come concerns of a wider conflict with asian stocks falling the slide on wall street and investors digesting big earnings with netflix surging after posting the best quarterly subscriber growth in years, while tesla dipping after missing estimates. Annabelle this set of earnings, geopolitics are the two main things we will be tracking through the session today but we have the open of the asx 200 and you can see the direction in the early moments is clear with the drop in futures pointing to losses of 1. 2 so we will wait a few more minutes for it to come fully online in the session but really what we are monitoring
Highest level since 2006. So were going back an additional year than what we have been looking at recently. 2year is down 5. 18. The 10year note is yielding 4. 8 and the 30year has ticked a little higher at 4. 95. Meantime President Biden landing in israel early this morning and met with israeli Prime Minister Benjamin Netanyahu. Nbcs jay gray joins us this morning from tel aviv. Jay. Reporter hey, there, good morning, guys. Yeah, the president meeting with Benjamin Netanyahu as you talked about and later today with the war council. Who hell not be meeting with is his arab allies. There will be no trip to jordan. That was something that was planned there. That was considered a pretty important part of the visit in that the president had hoped to talk about tamping down concerns that are growing right now over this becoming a much wider military conflict. You know theyre already growing escalation alord the border of lebanon. There have been casualties of soldiers on both sides. Israel
Above that level of poverty according to the un. Today is the United Nations International Day for the eradication of poverty, something Global Leaders committed to do in 2015 that established the uns Sustainable Development goals. So, why is solving global poverty proving so difficult . Joining me now is Luis Felipe Lopez calva, global director for poverty and equity at the world bank. A very warm welcome to the programme. This is such a big issue and we have a few minutes in the world of television which is not enough time, but in your opinion, why is this problem getting worse and not better . ~ problem getting worse and not better . , ~ ,. ,. Problem getting worse and not better . , ~ ,. ~ , better . Thank you very much. As ou ve better . Thank you very much. As you very well better . Thank you very much. As you very well explained, better . Thank you very much. As you very well explained, the you very well explained, the world agreed that poverty would be our objective number one