good morning welcome to squawk box here melissa lee is hanging out again with us. becky is off today for some well-deserved vacation we ll see her next week. as joe said yesterday, one of the first down days we ve seen in a while a little better s&p up about 13% and nasdaq looking to open about 45 points higher also showing you treasury yields now you can see where those are standing we ll flip that around to .628 on the 10-year you thinking about refinancing a mortgage anytime soon, guys? i m as low as they go i m good if you have an account where you can use assets for credit line or to make an investment or something like that, i remember two or three years ago, i locked this ridiculously low rate if they come to me again and offer another one, it will be lower than it was last time. it was like 2% or 1.5% when you get money that cheap, don t you think you you are in the driver s seat when rates are this low i don t feel bad about borrowing money at rates like that
honoring the brave men and women who served our country in the armed forces, president trump becoming the first american president to attend new york city s veterans day parade. how the white house and businesses across the country are working to give back to our nation s heroes. anger and rage on the streets of hong kong. a pro-democracy protester shot at close range by police. a counterprotester was set on fire. the latest response what is an escalating crisis. the force is officially entering the streaming wars. what you need to know ahead of the launch of disney plus which comes our way tomorrow. melissa: jackie deangelis on the floor. new york stock exchange, blake burman at white house and greg palkot in london. susan li is in the newsroom. wow, that is lot of firepower. we ll start with jackie. appears another record for the dow jones, finishing up 12,693. dow started out in the red this morning but a turnaround from boeing definitely helped. shares up almost 5% du
and, president trump signals a tough line with saudi arabia, saying that he is not satisfied with riyadh s jamal khashoggi explanation. taking a closer look at markets in the u.s., the dow falling .5%, the s&p 500 also down .4%. heavily focused on earnings, about 30% of s&p 500 companies reporting this week. energy stocks fell more than 1%, crude is now at a five-week low, and saudi arabia and the u.s. are key players in the oil market. saudi arabia is a backing away from using its oil wealth as diplomatic leverage and crew supplies in the u.s. are continuing to rise. .3%, but itained was a risk off mode, so we saw the dollar strengthening the most and topping the highest levels in two months. we will see how this translates into the asian markets, haidi. looking like the dollar story is here with a vengeance. it is looking pretty mixed on the market right now, gains across most of the region yesterday led by the rally in shanghai been on the back of the by the support of
other numbers, assets $116 billion, down 22%. the company stays on track to reach its financial targets for the year. continue to look through here, fixed income markets revenue, a number that has been weak in many of the banks, $3.06 billion, roughly in line with what analyst anticipated. the company said its net interest margin came in above estimates 2.95%, the estimate for 2.88% for a big group like citigroup. interest margin will be an important part of the overall numbers. that is what we have so far as we look at these numbers. one other number the equity markets trading revenue, which was expected to be in the area of strength for citigroup looks to be the low estimates, $653 million, the estimate was $739 million, that number, expected to offset some of the declines in fixed income trading, perhaps it would do that as we look through these numbers. eric: julie hyman with headlines on citigroup. good morning. we have seen everybody but morgan stanley, which reports
let by industrials and health care. you have the nasdaq down for the first day. -frontier, trying to stem off customer losses after producing assets from verizon. the s and p. half good and half bad. this is in my terminal. half in green, the other in red. this push pull feel came from the cpi number. down, the gasoline and real estate once you get through hurricane season, may be the numbers don t look as good as we thought. a little bit of lack of conviction. fanny and freddie. you have a letter from six democrats to the federal housing finance agency asking for a buffer. take a look at these stocks. that core cpi number. i want to end on oil. it briefly touched above $50 a barrel. we are right here at that mark. you have some of the other energy companies getting a boost from the oil rally. julia: i will pick up right where you left off. u.s. inflation may be creeping back toward the federal reserve 2% target. today s inflation report offers some relief perhaps. even i