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The session. S p futures have been fading, but this after what was the second 4 gain in three days. Safe havens have also been big. Dollaryen, the bestperforming currency. At the same time we see a goal above 1600. 10year treasury yeild continue to hover around 1 . According to that millard have signe says that this is a that the safe haven assets he further weakness ahead. If it was up to him he would say sell into the rallies and there is a large chance maybe we will see a returns debtfree chance of equities from last week. Paul our cross asset reporter in new york, thanks for joining us. China has reported its latest coronavirus numbers, adding 139 new infections and 31 debts. Those figures are inline with the lower trend in recent days. The contrast for the acceleration of an infection rate elsewhere in the world. But get over to our china correspondent Tom Mackenzie in beijing. China is seeing a dramatic drop in infections, bu ....
The. Ready the. Ready the. Ready ready ready ready ready ready ready ready find that out the name of the for the, the side of my vision to settle see chatham, how does one of the. Ready ready ready did the. Ready ready the. Ready ready ready to the could get in with a client who knows that when i put in mine. Okay, well i used to have the to the system i use for the thank you so much. I can know what this would be, julio, the of the candidate decide to sell him good. See nowadays for the sign in to the 5 digit the side, ill say tell them how is that still on the news we tests us, which are so i will say to be done on the side of the to the hours by the monday, monday. My use the sheet on the 9 because each of these on youll find the love the name of the of the the who am i better off the of the be done. We must have done how you feel. Since i even know there was any way you know, and yeah, zillow, l, we do a b as the lead on . Yeah. I know everyone is here. I dont know who the but do n ....
International demand still strong . Wee well check in with that. Looking forward to both of those interviews. This morning as optimism has faded as bond yields have turned higher once against. The nasdaq, the s p down about half a percent. We were up more than 31 . Were down nearly 6 , and the key number were watching, call that, yes, correction territory. The question is, why . Whats changed . For more we turn to michael santoli. Mike, maybe i mention treasury refunding in early august as a possible catalyst. Obviously its part of the mix. If i boil it down among the asset markets that are testing the they areholds, its not just a level, but a somewhat disorderly selloff in treasuries thats also nonfundamental. Yields going up for, quote, the wrong reasons all of that stuff is in the mix, with the market entering august, where where you had soft landing consensus got pretty cozy. Then when you have energy and the dollar also closing off some of the escape routes, so to speak, i think ....
I know we have a race some losses by it is impressive given the volatility we saw with those fed minutes. 5 im glad you bring those up. It is which that fared the worst this week. Telecoms andities, Consumer Staples declining by 2 or more. You can see utilities are the worst performers of the bunch. If the fed is going to start raising rates earlier, that makes them less appealing. Picturear the bigger , the record high was set last may 21. Onhave had the fed following february 11. Belowar later we are 3. 5 that alltime closing high. Looked many times it like we would break that record only to be denied again. That is the story, on those hawkish minutes. Here is the chart. You can see were at the higher in of that range as the market gets set for a continuation. You see that jump up in the last few days. That is the defining story of this week. We are still very much range bound. Looking at the dollar, the dollar consolidating i ....
Mid morning friday, then again friday night. Up to. 50 of ice may form on trees and other elevated surfaces in chester, Lancaster Chesterfield counties. Up to. 25 of ice could form on elevated surfaces across newberry, fairfield and kershaw counties. Rain will become mixed with sleet snow friday Night Saturday morning with a dusting to 1 accumulation possible. 1 to 2 totals could accumulate in northern Newberry Chester counties. Preparations are well underway in the counties north of columbia. In Newberry County, deputies monitoring the roads and power lines for ice overnight. Our chad mills joins us live from downtown whitmire. Right now, newberry is under so far, weve had some rain, but its not near cold enough to worry about ice or snow for now. But so ....