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Down. You can see the nasdaq down more than a ercent. Not such great action, either, in sectors, sara, with an echo of yesterday as well. Where energy and maybe staples were the only green arrows. Today its energy and utilities. The tenyear yield is back to 43, which is the cycle high. The data we got this morning, also not helpful. Better news for the economy, services came in a little bit stronger. But bad news for investors that are cheering on the whole disinflation story, because services, a key part of whats hot in this economy, could mean that inflation a little bit stickier than we think. And prices paid inside that Services Number also comes in a little bit hotter. Not ideal data for the markets. Well get the beige book later, which summarizes all the different districts across the country and gives a lot of color around inflation in services, like restaurants and theaters and hospitality. Usually a good read well watch ....
Im Cheryl Casone i am in for maria bartiromo, tuesday, september 5,8 00 a. M. Eastern time, time for the hot topic of the hour former President Trump calling states attempts to disqualify him from ballot in the 2024 president ial election a trick in truth social post claims almost all legal scholars voiced opinions at 14th amendment has no legal basis or standing, relative to the upcoming 2024 president ial election, like election interference another trick used by radical left the the wall street Journal Editorial Board out with a new oped on this exact top say removing mr. Trump by fiat would also deny voters us the constitutional right for the candidate of their choice, this is aside from mr. Smith the special prosecutor accuses mr. Trump of violating, flats would arguably commit same offense section 3 elizab ....
Launching its ipo road show, a blockbuster deal which could value the company as much as 52 billion. Were watching media names, wbd warning of prolonged impact from the strike while disney fires its latest volley in its dispute with charter. Its great to have cramer back in the chair. We missed so much last week, between lulu and the china names and chewy and wolf. First of all, its great to be back. Thank you for the wellwishers. It was a triple hernia. I managed to come through it in a way that i feel very, very strong. I always love september in our business because everybody does come back to work except for the people that still work at home. They want to get back to work. There are a couple of points we have to talk about. One is the bonds are going the other way. Thats going to be septembers headwind. Again, the Interest Rates are up. I think were making much too little about the strike, the uaw strike. By the way, the writ ....
Blow to the worlds biggest tech company. Were going to start off with football fans breathing a sigh of relief ahead of Aaron Rodgers new york jets debut. Disney and charter inking a deal to end a blackout that was keeping espn and all of disneys cable linear channels blacked out for all spectrum customers in new york and around the country. Shares of both stocks higher today, but who came out on top in this deal . Cnbcs julia boorstins got the latest. Julia . Well, melissa, sources on both sides are describing this as a winwin. Disney and charter calling it tron t transformative, and gives new appeal to charter tvs business, wheel at the same time, increasing the reach of disney with ads. And also, disneys payment for that app. Now, disney ad supported tier will be included in spectrum packages, what they call a wholesale arrangement for all of spectrums video subscribers. Espn will be included spectrum tv select plus video packag ....
Stuart good morning, everyone it is 10 00 oclock eastern today marks 22 years since the attacks on september the 11th. A solemn day 22 years ago. A breakaway for the markets, lets see whats happening there, on monday morning, the nasdaq was up over a hundred now its up near 71, the dow was up over a hundred now its up near 77, still some green on the lefthand side of the screen, the ten year treasury has been moving up this morning it is at fourpoint to 7 now, the price of oil also going higher, 8746 and bitcoin, last time we checked it was 257 now it is 25598, that is the market sports fans President Biden will be at the new york city for the un summit and raising campaign cash, i would really like to know just to is giving him mo money. Those of us that work and live in new york are watching the city being trashed by bidens open border policy. And in their wealthy penthouses, the wealthy people are going to fund his campaign, t ....