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Im becky quick along with joe kerr de kernen and Andrew Ross Sorkin. After two days of optimism, the get out there again trade was on turned around a little bit yesterday. We did see people rushing back to the stayathome stocks as covid cases and momentization hs continue to climb. And some states are imposing restrictions and the nasdaq ended up 2 after being down monday and tuesday. Yesterday the dow ended flat, right now indicated down by about 115. Never made to the record, still waiting circumstanling around tt s p 500 down by 2. 5 and nasdaq indicated up another 51 points this morning these were the stay at home stocks, amazon up, apple up 3 , zoom which had gotten hammered, yesterday up by almost 10 took c docusign 5. 2 and netflix 2. 2 and treasury yields, yesterday it was closed for veterans day this morning it is open and you can see the ten year still around the very heightened levels, again, not historically, but b ....
The bell apple, facebook, amazon, and alphabet we will also get results from starbucks, twitter, act vision and many more names. We will bring you all the results as soon as they hit. Analysis as well to help you figure out how what to do with the stock. Speaking of earnings in joel we will speak with the brandnew ceo of tapestry, her first interview since taking the job that stock soaring after getting a beside on sales in china music mike tracking the broader markets, Steve Liesman, and meg tirrell has the latest on the covid emts troo and vaccines mike, talk to us about the comeback we are seeing. A respectable bounce. Coming into the day the market was stretched to the downside after the declines not just of yesterday but the past couple of weeks. We had lost 119 in the s p alone yesterday. We are regaining not quite half of that. 3,200ish is the level just about everybody is looking at. It isnd responding, but definitely not n ....
It is hip to be square used to be at least. Lets check out u. S. Equity futures. Things are relatively flat and that isa good thing. A bit of a difference after the big swings weve seen. Right now dow futures up about 3, s p 500 up about 2, nasdaq up by 13. Of course this is after a done day for the m down day for the markets yesterday. Treasury yields are something to start paying attention to because we did see a pickup in treasury yields to the highest levels weve seen since june the ten year is yielding 0. 813 . And i know it doesnt seem like a lot, but it is the highest level weve seen in a while and there is so much that rides on that including mortgage pricing which has been a key part of what has been happening in the housing sector, a strong point in the economy so far. Lets get over to washington. Well talk about id call it a soap opera, but really it is a reality show and means a lot to so many millions before nancy pelosi says she is now optimistic that democrats may be abl ....
Virus. That state senator steve glaser. He said we need to limit interactions to slow the spread of the coronavirus. The east bay lawmakers is the spread of the virus is out of control and that tougher rules are needed. Today the u. S. Passed 4 million cases of coronavirus. This comes just 15 days after we passed 3 million. Here in california the state report a second day of more than 12,000 new cases. Sadly, we set a new record with 157 more deaths in a single day. We have the call to action from state senator glaser. Reporter state senator glaser says he thinks that Governor Newsom allowed the counties to reopen too soon. He says the governor should be putting in place, basically shelter in place restrictions like we saw at the very beginning of this outbreak to try and slow the virus spread. Californias steady increase in not just a number, but also the percent of coronavirus tests from 4 in may 2 7. 6 this week is causing ala ....
Happen late. These briefings of course have been quite controversial with the president sometimes contradicting the scientists standing right next to him and also pushing treatments that have not yet been proven. The president as of yesterday has started urging americans to wear masks, saying to do so is patriotic. All that said, stocks, mixed picture today. Tech leading the losses. Abigail doolittle has been breaking it down and watching the action. Abigail another jittery day and another day where this is not a satisfactory answer, it does not feel like a satisfactory answer to some. It is very hard to say that yesterday was risk off and therefore you had technology and stayathome leading, and today is risk on. If it was a strong cyclical rally and the sectors that were higher were those cyclical sectors such as energy, financials, industrials. A stronger gain has to do with that tech laws. Nasdaq down 1 . More jittery action, that tells you lots of uncertainty as we head into the st ....