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Price marks on the graph, this is october 1st, 2010, and we went to 2.79, then the first of the year, right here, january, we went from 2.59, up to 2.99. today, as i just mentioned, prices up here, around 3.37. with so much uncertainty as to what happens next. frankly, no one knows how much higher it could go. stuart varney, fox business network, good morning to you stuart. some folks in this country are already paying over $4 for a gallon of gasoline. that s not what you want when you re trying to get a recovery to stay on hold. that is for sure, bill. you could say that libya has cost americans at the pump roughly 20, 25 cents a gallon extra. as you said, we re now at 3.37, the average nationwide for a gallon of regular, unleaded. and most of that gain, by the way, came just over the weekend. we re all out there filling up our cars because you know ....
Hospitalized after a house party in washington state. the party was attended by a lot of students. girls were puking everywhere, girls were outside like on their back. they were rufied, they were falling down, their drinkses were going everywhere and we were just picking them up. i carried about four people down the stairs. you heard the young man say rufied. they are referring to the date rain drunk. police haven t confirmed that s what it was, but many students believe it was the date rain drug. showing you some of the pictures of gas stations and, you know, the signs out front that tells you how much that gas is costing you. it s costing you more accordinged to aaa. gas prices up just a penny. doesn t sound like a lot, but it adds up because the national average is now at $2.79 a ....
We know invivia is going to suspend self-driving car testing. microsoft suddenly gets hit, down more than 4% on the day. that is what you call indiscriminate selling. that is guilty by association. it brings down a whole sector. tech has led the way for these markets for so long. boy, oh, boy, you start talking about regulation that could impact business models and earnings and all of a sudden they re running for the exits. we also saw the financials getting hit as we saw that ten-year yield on the treasury actually breaking below 2.8%. in other words, it was a bond rally, a run to safety. that means lower rates and that hurts the banks. the banks got swept up in this big selling rush, if you like. you can see the ten-year yield down to 2.79. it was 2.9 something just a week ....
Said, you know what? that is now approached a level i feel safer with the backing of uncle sam than stocks that don t have any backing at all. so unusual development in the middle of the day when traders shifted from stocks into bonds. the price of those bonds went up and the yield went down. so much to the point that a tenner year that was fetching almost 2.9% by days end was down to 2.79%. our dollars remained a very big draw across the world today. if in doubt, you park it there and usually the instrument they park it in are treasury notes and bonds. a lot of the news this was based on better than expected economic news. we got a lot of that. the services sector now advancing to a 12.5 year high. consumer confidence in and out of four-year highs. ....