Good morning, im in today for Brian Sullivan lets start off with our your money and the Global Markets are shaping up on this monday morning. The dow will be higher by around 90 or some points. Gaining some ground in the past few minutes. You can see the s p higher by 4 points and the nasdaq rarely an underperformer now you can see implied open lower by 16 points now this is coming after solid gains for the major indices last week more on that in one moment here. Turning to the bond market as well, the yield on the benchmark ten year Government Note or just around 56 basis points the two year note yield about 13 basis points and the 30 yearlong bond a hair below 1. 24 or 124 basis points taking a quick look at the price of gold as well, remember, hovering around the record highs. That key one to watch, the last trade there, gold futures up about three quarters of 1 lets go worldwide karen is in london in the newsroom what can you tell us about the trading there. Seeing those u. S. Futu
Get to the point on a current topic. Committed. To this point. G. W. A reshuffle at one of the worlds most valuable Company Schools parent alphabet says goodbye to larry page and sergey brin desktop executives and appoints google c. E. O. Will someday be chary as the new boss well tell you what that promotion means for the future of the company. Also on the show markets face increasing confusion about the progress of u. S. China trade talks trumps announcement send mixed signals and experts are unsure where the trade war is heading. And amsterdam girl week kicks off in the netherlands not only to show what you can do with the latest flying robots but also to think about how to solve critical Security Issues for the border is their. Concern for business on the u. W. And yet i guess its good to have you with us the founders of google are stepping down as c. E. O. And president of its Parent Company alphabet larry page and sergey brin famously set up the Search Engine in their garage in c
A colossal transformation yes one of germanys top managers if its a threat to german automakers. And its role week in amsterdam we sent our reporter called the stand along for a closer with the latest and coolest groener. For business on the w im. The founders of google are stepping down as c. E. O. And president of its Parent Company out of it larry page answered grim famously said of the Search Engine and california back in 1908 since then theyve become 2 of the richest men in the world with a combined net worth of more than 100000000000. 00 the remain on the alphabet board google chief char will step up to also be the c. E. O. Of the Parent Company. Right lets find out more with the w. Financial correspondent here in new york its good to see you well the google stock went up on the news so walk us through what this actually means in terms of changes at google. It does sound a bit like the clocks are getting turned back in 2050 and the Holding Company alphabet got created and under t
Power lunch starts right now good day, everybody. Welcome to power lunch. Im Tyler Mathisen as michelle just highlighted, the dow and s p 500 hitting records again. But we are well off those levels at this hour nasdaq basically getting slammed. Down more than 1 . Big selloff in tech. Check out what is leading that nasdaq 100 lower Lamb Research down so auto disk down 15 now applied materials, invidia also in the tank today. In fact, the whole Semi Conductor industry on pace for its worst day in almost a year more on this group coming up forget ten, folks. Lets move on to 11,000. Bitcoin breaking past 11,000 just hours after topping 10,000 for the first time ever. Everybody is talking about bitcoin. Crypto currency up more than 30 in the past week and now up well over 1,000 this year, brian. Its like an auction. Do i hear 12,000 im Brian Sullivan heres what else is happening at this hour. Tyler drilled down on bitcoins record run the nasdaq planning to launch Bitcoin Futures next year.
On infrastructure . Is it a different day tomorrow because of what happened tonight . No. And that they bloomberg do a story was morning there are so many problems they have to solve. Taking on infrastructure is just not going to happen in this congress. A really angry Democratic Party sitting on their hands even for policies they agree with will make for a very difficult to know more three weeks. How can they sit on their hands when the streamers are going to get deported by what . March five . Dancere is this little going on, democrats do not want to sign on to trump plus immigration plan, they will not set on 20, and they have to figure out how who is going to get blamed for it. At the human level, i think it is disgraceful. The first thing congress should do is put partisanship aside and not make the dreamer legislation some kind of Immigration Reform. They should take care of these kids that have not done anything wrong. Some people say a narrow bill. You hear both democrats and r