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And welcome to power lunch on this monday im melissa lee. Wall street in a Holding Pattern ahead of the fed stocks carrying out modest gains. Nasdaq the biggest winner at this hour. Communications services specifically, the best performing sector, led by facebook, netflix. We have much more on netflix ahead. Its all about the fed this week policymakers getting ready to meet tomorrow. A decision on Interest Rates set for wednesday followed by chairman powells News ConferenceSteve Liesman is here with more on what investors should be bracing for. The period of the feds patience could be coming to a quick close. The word first appeared in the january statement and was taken as it was on hold. Now patience is not long for the feds statement. We expect the statement to ....
Bows. Sir . Reporter youre exactly right. Everyone thought the hong kong protest issue was settled last week. Controversial bill was suspended. People left the streets. Now it is back, bigger than before, this is pushback against china and their influence in hong kong. Nearly two Million People of hong kong took to the streets on sunday demanding a number of issues. First of all release of people who had been arrested last week, punishment for police who ordered the use of force, resignation of hong kong leader lam and that secretary of state mike pompeo will raise the issue with president xi at the g20 next week. We see what is happening, unfolding in hong kong. Were seeing people of hong kong speak about things they value. Reporter the protest revived of a joshua wong, a prominent activist leader rallied the crowd after being released from prison. He was serving a twomonth sentence taking part in 2014 protest. It is time for us ....
the ukraine accuses russia of blowing up a crucial dam on the dnipro river unleashing a flood of water. moscow denies involvement and says kyiv has sabotaged its own dam. a dramatic day in london as prince harry takes on the tabloid press at the high court. he says, the papers behaviour had put him into a downward spiral . and on patrol with the taliban the bbc finds evidence of major success in clamping down on opium poppy growing in afghanistan. sport now and for a full round up, from the bbc sport centre, here s jane dougal. dpj tour has agreed to merge with the the pga tour had a feud with lviv but it has now decided to merge with it. top professionals like phil mickelson left dpj tour but they were still permitted to play in the majors. players like rory mcilroy were highly critical of phil mickelson at the time but in a joint statement with the dp world tour, the former rival said they would implement a plan to grow these combined commercial businesses ....
Im Andrew Ross Sorkin. You cant wear white pants. Im Andrew Ross Sorkin with joe kernen and mike santoli is here hanging out for becky who is still off today. Lets show you u. S. Equities at this hour. We have a little bit going on. Not too much just yet. The dow off 27 points. Nasdaq opening down 58 points. S p is off 9 points. Treasury yields with the 10year treasury is sitting at 4. 224. The 2year treasury at 4. 910. Have you noticed we flipped that board around, joe . The oil prices . No. The treasury board. That board, we used to run the 30year treasury. The 30year at the top and 2year at the bottom because the way the world used to work. Now the world is flipped upside down and here we are. That is a good metaphor. Mirror what is happening. You remember, andrew, years ago where were you on the show or before when greenspan said it. Its back. Combine the 2year. T ....