lives of your children are damaged and destroyed. mr. zuckerberg, you and the companies before us i know you don t mean it to be so, but you have blood on your hands. you have a product you have a product that s killing people. i just want to get this stuff done. it s been 28 years, what, since the internet. we haven t passed any of these bills because everyone is double-talk, double-talk. it s time to actually pass them. that s just a small sample of a contentious senate hearing yesterday with social media ceos. we have much more to show you including the moment that mark zuckerberg apologized to the parents there in the chamber. also on capitol hill, a couple of republican senators involved in the border bill negotiations are calling on members of their own party to stand up to donald trump. and meanwhile, a top advisor in trump s campaign makes a shameless pitch to wealthy donors. we ll tell you what that is just ahead. good morning and welcome to way too earl
I am Katie Greifeld in new york. Welcome to bloomberg markets. When it comes to the s p 500, building slightly on yesterdays losses. S p 500 currently off about. 1 . You did have a selloff yesterday. Managed to open a little bit higher this morning. About 30 minutes in, those gains have dissipated. Big tech, nasdaq 100 trying to say in the green, currently up about. 1 , even though you have that selloff in the bond market continuing. The 10year treasury yield higher by another seven basis points, rapidly approaching 4. 70 on that benchmark 10year yield. We will see if we get there today. First, lets talk about the last of the Big Bank Earnings rolling out this morning. Bank of america and Morgan Stanley topping estimates, with bank of america with one of their best First Quarters on record. Lets get more details. Lets start with bank of america. What went right . Netnet income finally beating expectations. We did not see the same for some large bank spirits are to meet there is not onl
Them. Josh for most of us, things are starting to quiet down, in line with what it was hoping. Settling in for a more quiet evening. Our storms are working their way from the southwest of the northeast. Al right in line with stationary boundary set up across our area. Few showerseft is a as we get closer to frederick, maryland and into western maryland to the south of hagerstown, hanging onto a few showers. For the rest of the evening, i am really expecting things to stay predominately dry. Everybody looking at the southerly breeze as that warm air starts to move in, keeping temperatures in the mid. 80s 85 in orange and. Warrenton. The warm air six around tonight and again tomorrow, another day in the 80s. From the 80s to around 71 at 4 00. 72 tomorrow morning. Starting off a very mild. Evening, more thunderstorms can move through. Some severe. More on the timing of that coming up. You can download the stormwatch 7 app and get Severe Weather alerts to your phone. It is available in the
October has been a great month for meals. One of the most interesting is being called a partnership between ge and baker hughes. We have details and insight into why shares are lower on the day. Look at that down more than 7 . Both are lowered with the dow down 20 points. The latest developments on the new clinton email investigation. After the bell we are joined by libertarian Vice President ial candidate bill weld to talk about the impact on the election. Shares of tesla and solar city. We have a closer look at why investors do not seem to like this announcement again. A lot of skepticism about the proposed merger between the companies. A big announcement tomorrow, as well. On this merger. We have more details. Lets begin with how this month is finishing up. Nice costume today. I try to keep the colors coordinated. This is supposed to be a big volatile month. Markets to the down side. S p down about 1. 7 for the month. Worst monthly showing since going back to january. The russell 20