Lauren simonetti watching the markets, blake burman has latest from the white house and Hillary Vaughn is in washington. Blake we start with you. Reporter 6 00 on the east coast when the president will unveil the latest guidelines Going Forward. Earlier today he spoke with a Bipartisan Group from the house and from the senate. A couple different phone calls there. Right now we believe he is still on that phone call with the nations governors before he unveils the next steps later this afternoon. Were getting themes from the white house what we can expect when the president takes to the microphone. The new guidelines will be layered. No more blanket approaches for the entire country. It will be governor led. The guidelines well soon get will address the nationstate by state, county by county. They will talk about restaurants, bars, other public venues as well, plus sporting events. Here is the president a little while ago before he hopped on the phone call with the governors. Well be ta
5 chance it was so unlikely. You have children i have children. I have 12yearold boys who look up to both of these gentlemen and think of them as heroes. I dont want this to happen. This is a terrible idea. I think it would be fun to watch. Thats the appeal i get the appeal. Thats part of the problem you will see what will happen at recess after this. My concern is fighting after watching toy story. Lets show u. S. Equity futures at this hour were sitting here on monday morning and in the green nicely. 90 points higher on the dow. Nasdaq looking to open higher 7 points up. S p is up 17 points. Most importantly, more maybe not, we look at treasury yields as the guide to life right now, 4. 1 when you look at the 10year treasury the 2year treasury at 4. 846 you may remember where was the 30year with ackman statement . It was a week ago it was 4. 30 above where we are right now. Ackman last week or ackman in the pandemic last week oh. I dont know it peaked at 4. 30 last week it was in that
For nvidia. Chip stocks waiting to fuel record highs for tech and options point to a big swing when it reports tomorrow. The Jpmorgan Chase ceo an nouning his retirement may come within five years. Lets begin with the markets, jim. A bit of the setup here, tech alltime high on the s p. There are semiconductors yesterday that arent even doing well or at least hinted that things are turning. Texas instruments gave a sense that the stock was just on fire. Micron on that basically capitulation call. Ive missed it. Im going positive. It worked. Qualcomm on the idea that some people are looking for their chips even though they should be in abundance. Yesterday was a day where bro broadcom, were talking about a Top Ten Company in america. I asked jensen whether he would split the stock, the ceo of nvidia. He said, well, ill consider it. Do you know what would happen if they split that stock . A 10 move. It would be insane. It would be based on nothing. Well get a 10 for 1 lrcx along with a bi
Period according to the Education Department at this point the student debt balance in the u. S. Has sort of two one point three trillion dollars even with programs that help borrowers reduce their monthly bill or halt payments during tough times like being unemployed it also comes at a time when the u. S. Economy is considered to be doing rather well but as borrowers age and their default start impacting their ability to get a mortgage or other loans it could pose a big threat to the economy. Consumers across the nation are outraged after the f. C. C. Voted to repeal obama era Net Neutrality regulations correspondent david miller was at that vote today and has more for us. In a three two vote down party lines this morning the f. C. C. Voted in favor of the first importance of all Net Neutrality regulations we can as you can see behind me there merican people have gathered to protest said decision the agencys republican majority approved a plan to scrap the rules preventing internet pr
You know its been a tough day in the markets when we bust out prince yep, investors were crying as the brandnew fed chairman, Jerome Powell testified before the House Financial Services committee for the first time in his new role and sounded hawkish than they were expecting sent the dow down 300 points steve. Cant get over the prince reference. Respect. Very cool. Heres the question will powell be singing a different do you know on thursday you know, thats possible fed chair j powell was doing just fine in the testimony until congresswoman maloney asked him what would change the rate hike forecast from three to four. He started by saying a strong economy. And heres what he continued with we have seen fiscal policy become more system you lative. I think each of us is going to be taking the developments since the december meeting in and the writing down our new rate paths before we go into the meeting and i wouldnt want to prejudge that. Jp morgan said todays comments appear to open the