Under pressure after a big rally for a couple of days. That part of the risk asset trade, falling, pressuring stocks a little bit overall. Oild boil clearly clearly is important. Talk to us about u. S. Treasuries. We are going to have to borrow an awful lot of money and its putting the treasuries under some pressure. Abigail Something Interesting is happening. The announcement came out that treasury is going to be a lot of issuance at the long end of the curve. Longer bonds are selling off. The two year bond is rallying. You have this steepening for the yield curve, which is healthy. Some saying this issuance toward the long end is to steepen the yield curve, normalize it, so to speak. This steepening yield curve could create some of the stock we are seeing for stocks the chop we are seeing for stocks. That a steepening yield curve after uninversion last year we did have a brief after an inversion last year, we did have a brief inversion. Theres more issuance at the long end of the cur
2. 3 trillion gauntlet against the economic catastrophe caused by the pandemic it was remarkable move coming within seconds of the devastating news that 6. 6 million more people filed for Unemployment Insurance last week the averages were actually able to rally including the down and out stocks dow gaining 286 points s p climbing 1. 54 nasdaq advancing 7. 7 . Without powells extraordinary i was blown away extraordinary announcement, the hideous jobless claims would have pancaked the stock market. Weve gone from the strongest labor market in a half century to one of the weakest in no time flat it didnt matter to wall street because the fed is buying all kinds of distressed debt you dont see i keep saying its so important. Buying municipals. Some of those are hurting. Buy high yield Corporate Bonds thats fabulous news because those were two big pressure points in this rapidly deteriorating economy. What a difference from the old days between the 2. 2 trillion rescue package from congress
Are close to sealing a merger agreement, telling employees a final pact is coming within weeks. And shares in the lse group trade higher as shareholders prepare to vote on the 27 billion takeover well, a very good morning and welcome to street signs. One of our top stories today, alibaba has closed almost 7 higher after its hong kong debut, the Largest Global listing so far this year the ecommerce giant listed at a price of 176 hong kong dollars to raise 11. 2 billion in fresh capital. And as part of the ipo, the Chinese Company issued 500 million new ordinary shares. Emily tan is joining us live from hong kong emily, the largest ipo of 2019, quite a stellar postmarket performance with the stock up almost 7 in trading how has the reception been overall . Reporter you know what, juwana, the newcomer to the market today was the most heavily traded in hong kong with 1. 8 billion worth of shares changing hands as you mentioned, the stock closed up more than 6. 5 , off the days highs, but u
and then the shots rang out. danny was hit, mark was shot in the abdomen. i saw my son holding his chest. i nearly was going to make it. why daniel out of all people? one of the sweetest kids i ve ever met. her husband was rushed to the emergency room for surgery. i was just in total shock. you get a call that this is been another murder. correct. a man knocked on the door, said are you marc angelucci. then just started shooting. we were expecting to link up a murder in california to the attack here in new jersey. i just thought this is crazy. nobody safe. i had a feeling that the person probably wanted me. it s personal. this was revenge? most assuredly, yes. that someone would come to my door and take my only child it s unfathomable. hello and welcome to dateline . now esther salas was a proud mother. she and her husband had just spent the weekend celebrating their son s birthday. as the festivities wrapped up, they showed a beautiful
The. And then shots rang out. Then he was hit. Shot in the abdomen. I saw my son holding his chest. I knew he was not going to make it. Why dani edible people. One of the sweetest kids i have ever met. Her husband was rushed to the Emergency Room for surgery. I was just in a total shock. We got a call that there has been another murder. A man knocked on the door. And then just started to shoot. Werent expecting to link a murder in the taconite early. I just thought this is crazy. Nobody safe. I had a feeling that the person probably wanted me. Its personal. This was revenge . Most assuredly, yes. That someone would come to my door and take my only child its unfathomable. Hello and welcome to dateline. Now esther salas was a proud mother. She and her husband had just spent the weekend celebrating their sons birthday. As the festivities wrapped up, they showed a beautiful moment filled with love. Then, heat shattered everything. Investigators questioned if the attack was part of some big