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There are a lot of stock movers. It is going to be an interesting start. Where live at a saudi summit. We are live at a saudi summit. This is bloomberg. Matt. Matt i am taking a look at what is going on with futures. It is going to be very interesting today because we have a situation where u. S. Stocks took a big hit overnight. Then asian stocks did quite well are doing quite well. It is look like a concern which was led by the biggest tech stocks, the fang stocks falling for five sessions in a row. Have european futures down across the board. I want to win out what we are seeing here as far as the u. S. 10 year treasury. We know that bill gross has an watching this 2. 4 level that is highlighted here at the white line. His signal for the end of the bull market. We are there yet but we have been flirting with a level for the past few sessions. We are going to watch it very closely. Some of the people on the mliv some of the people on the mliv blog are commenting we may be heading for ....
Despite okay earnings and positive reports on the economy. The Dow Jones Industrial average dropped 112 points to 23,329. The nasdaq was off 34. And the s p 500 fell 12. Bob pisani has more on what drove todays decl reporter a momentum selloff on wall street today. U. S. Stocks suffered their worst trading day in two months. The market is very concerned about a sudden spike in Interest Rates and it has a couple of reasons to be concerned. First, durable goods was much more than expected, a good thing for the economy but it raised questions about inflation. John taylor may be the frontrunner for the fed chair, spooking investors since taylor is known to want to raise rates faster than the fed is doing so far. That caused some investors to take money off the table, particularly in stocks that had strong gains this year like semiconductors. Even stocks like boeing sold off ....
Healthcare care law before the nine justices. We are opening up for months to hear your reactions. Give us a call. Emocrats, 202 7488001. Democrats 202 7488000 republicans, 202 7488001. Ndependents 202 7488002 outside the u. S. , 202 7488003. You. Monday morning to headlines about the Supreme Court cost decision the Supreme Courts decision. Health law back in the high court to the front page of the National Section of the New York Times, the Supreme Court to hear another case of contraception and religion. Partontraceptive mandate of the Affordable Care act requiring employers to cover 20 types of fda approved drugs and services as part of their health pla ....
Lawmakers are expected to press yellen for a timetable when rates rise for making progress. Really to talk all things fed and the economy, we have Paul Macaulay joining us on set for two hours, starting at 7 00 eastern time. Then at 8 15 eastern time, we have senator Heidi Heitkamp. Also in our lineup, gard bernstein and larry kudlow. Both of them will testify today at a hearing. Andrew, ill send it over to you. Thank you, becky. Its nice to see were altogether, everybody. Were all back together. Lets talk about Corporate News this morning. The Justice Department reportedly investigating possible pricing coordination among Music Publishing companies. The wall street journal reporting that the doj is now re ....