Well. I think the s p has set 23 new highs for this year. If you look at treasury yields, you will see that right now it looks like the 10 year is at 438. So lower than earlier in the week. Two year also lower at 478. If you look at some of the meme stocks, that Activity Still alive and well this morning. I will see shares of gamestop up after they fell by 30 yesterday. Amc down by 15 yesterday. But this morning it is up by 4. 3 . You have the blackberry stock up again by 1. 3 . Those stocks by the way are up come back a second. Thanks. About 83 and 72 respectively. You were here you saw the ppi, you didnt see the cpi. But i read it. And that is where the yields boom, 438. Meantime china announcing its most aggressive steps yet to revive its struggling rehe will stays sector. Beijing will have a 42 billion relending fund which they will try to put together to help local state owned companies repurpose unsold properties to public housing. China also eased Mortgage Rates nationwide and p
Note at 4. 57 . Take a look at bitcoin we have been talking about it. It is at 61,645 it has not moved after the down swing. Somewhat steady this week pulling back from the highs. Lets talk about oil Biden Administration will not renew the license to ease venezuelan sanctions the Treasury Department issued a rehe he replacement license tody u. S. Says president maduro failed to compromise with the sanctions last year. We will discuss this on the Energy Market and crude prices backing off again. They started the decline down 1 this is actually a tricky situation that the u. S. Is trying to navigate not just with venezuela, but you want to impose your policy pressure on the regime, but not restrict the Global Supply iran selling mostly to china trying to do two things at once and not compatible you have to keep the oil flowing. Micron technology is expected to receive 6. 1 billion from the chips act to pay for the domestic factory projects according to the bloomberg report it is a mix of
And everything Mark Zuckerberg wants, he will get when it comes to facebook. Theyre holding a shareholder right now passing to give the ceo more control of the company. More details coming up. The heat wave in the west has caused devastating wild fires. Well take you there for the impacts on business. Lets start with todays rally. Bob pisani tracking the action. Bob. The important thing is weve held most of the gains. Lets call it steady as she goes here. Broad rally more to 1 . 5 1 advancing. Thats an impressive number. Volatility, vix, has been dropping here. Eight of ten sectors up more than 1 . Industrials, bank stks, technology, all have been strong. Financials i would note particularly strong. So all the money banks were up as well as the regional banks like comerica and regions financial. How confused are they over the brexit thing . The answer is very confused. Last week the markets were positioning for an exit. People thought brexit was going to happen. The markets seemed to b
Career of one of the best and wellround artists of alltime. A true businessman as well. On the campaign trail, guns, transgender bathrooms and the pc police as all five president ial candidates hit the major states with huge primaries five days away. Special report host bret baier weeds through the fluff to tell us the real important stuff. Whos gaining steam ahead of super tuesday 3. And markets are sliding in the last hour, hit session lows falling below 18,000. The dow down 93. Right now its just punched back above 18,000 by two or three points. A couple of dow 30 points reporting less than stellar earnings. The dow off session lows, want to make that clear. We are less than an hour to the closing bell. Lets start the countdown. We still do not know at this hour why prince died at the young age of 57, but as we follow the story, we know that millions and millions of people around the world are mourning the man known as one of the most original music stars in history. We want to quic
This drivers unbelievable story, next. [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] up first, in ntsb report reveals new information about information about the metro smoke incident. The investigation found that long delays for both turning off the ventilation system and turning off the electrified third rail. We spoke with many of you tonight who said the incident will have a lasting effect on riders. Richard reeve is live in southwest with the story. This report certainly of interest to anyone who rides the escalators or the trains in the metro system. This report gives us a timeline of what happened and also pinpoints the worst damage. We still dont know why these events occurred last monday. At the Lenfant Plaza station we want to be safe. Mondays commute was a toxic, smoky nightmare. 200 passengers were trapped 40 minutes, 61yearold carol glover lost her life. People were confused when thi