leave rates at zero through 2023 that lit a fire under the 10-year yield. take a look at the 10-year treasure true yield. this morning it was at .91. it it spikes 2 basis points up to .93. it has moderated just a bit, but still as fear. seeped out of the markets, that yield was higher. the prospect that money will remain cheap to borrow is definitely certainly a boom, but it was during this news conference where the dow, the s&p and the nasdaq along with the russell is taking aim at a report close, all of these indexes came off their lows. the dow turned positive a second ago. it needs a gain of 18 points, the s&p needs to see 7 points to the upside it s already up 10 to see new records. look at financials. they were all negative before his speech, and right now most are positive. let s call citi flat on the session. gold, interesting behavior here. gold yesterday moving higher, and we do today see the yellow metals continuing to jump another $9. commerce bank is calling
next the director of the federal housing finance agency testifying on housing and mortgages during the coronavirus pandemic. house financial services committee members asked him how his agency is handling the rice in foreclosures and forbearances as well as the operations of fannie mae and freddie mac. the hearing runs over three hours. the committee will come to order. before we begin, i want to remind members of a few matters including some required by the regulations accompanying house resolution 965, which established a framework for remote committee proceedings. first, i would ask all members to keep themselves muted when they re not being recognized. it will minimize disturbances while members are asking questions of our witnesses. members are responsible for muting and unmuting themselves. the staff have been instructed not to mute members except when they re not being recognized and there s background noise. members are reminded that they may only attend one remote
giant. plus, courtroom grilling the trump administration defending its use of executive power and the travel ban before a federal appeals court. social media s in focus. facebook and twitter getting some upgrades ahead of earnings tomorrow. first up though, a bunch of earnings to get to, time warner a beat on both the top and bottom line. alaska air also beating the street announcing an increase in the quarterly dividend ahead of the meeting with airline ceos at the white house tomorrow. big report focused on is disney, revenue falls short of consensus, rising costs as we said, declining viewership at espn weighing on the results. here is bob iger last night talking to our julia boorstin. i think there s way too much pessimism about espn because espn is still in demand from three constituents you want to be in demand the most from, one, distributors, two, consumers, and three, advertisers. and the reason it s in demand is the brand is still strong, the product is still
apparently the rise in gasoline prices we have seen in the last couple of weeks may be having an effect. current conditions fall from 109.3. expectations have fallen back as well. the other number as the fed watches is inflation expectations. they have gone up to 2.8%. they suggest maybe americans experience the ideas of higher prices. it gives them a little more faith we may see prices continue to rise, inflation continue to rise. it brings them closer to trying to raise interest rates. thank you. it is time to take you to the top business stories from around the world. matt miller has more. we re looking at an all-time high for the s&p 500, breaking through 2090. the dow back above 18,000 for the first time this year. you can see it there. mastec less than 100 points away from hitting a new record, has not happened since the tech bubble burst. we came back down a little bit. shares of the maker of candy crush are searching this morning. the company says sales of games o
long you press down keys. the second factor is pause time. and the third one is pressure. these are the factors are used to create typing style. obama: did you find that these were distinguishable as a secondary form? correct. it would actually work with passwords. it is not just that the loan. the password would have to be checked first, and then this one would be checked. a 98.4 percent classification with just these factors. i could probably get that closer to 100%. obama: that is impressive. ninth grade? these guys are doing a lot of stuff in ninth grade. let s get a picture. the atlantic council will be hosting an event tomorrow looking at advances in battery technology and the potential impacts for the renewal energy be sector. we will have that life tomorrow. live tomorrow. monday night on the communicators. author vincent moscow on the development of cloud storage and big data and how the government is using it. the national security agency is building one o