how that turns out and beijing s reaction to it may well have an impact on our market today. we will show you that protest. second, that recession signal, the inverted yield curve, well, as you can see, it is no longer inverted. the ten-year yields more than the two-year, the way it ought to be. but i want to show you this. money is pouring into america s 30-year bond. its yield has dropped below 2% again. why? well, germany s bond has reached yet another new low, negative yield, minus .7%. really crazy stuff. all right. you may think this is a crazy headline, too. president trump, according to the wall street journal has suggested america buy greenland. varney & company is about to begin. no, i think the longer the trade war goes on, the weaker china gets and the stronger we get. we re taking in massive amounts of money, billions and billions of dollars, as you know, and i think the longer it goes, the stronger we get. i have a feeling it s going to go fairly short
that s two-thirds of 1% up. there are reports that a final china trade deal is being prepared. so, too, is a summit in mar-a-lago, florida. that sure helps the market. what a show we have for you today. larry kudlow will be with us. he lit up the cpac conference. he went off on socialism. we have governor cuomo begging amazon to ignore aoc and please come back to new york city. and the washington post no less says house democrats explode as moderates and socialists clash. this is must-see television. varney & company is about to begin. the green new deal would literally destroy the economy. literally. it would knock out energy, transportation, airlines, jobs, businesses. we would probably lose 10% to 15% of our gdp. it s remarkable. stuart: well, he went on from there. white house economist larry kudlow talked about the far less green new deal. watch him unload again later today. he s going to join us around 11:00, 11:15 eastern time this morning. joining us now is
down sharply on this news. japan remains closed today for a holiday. the hang seng down by 2.75%. the shanghai off by 1.1% if you look at early trading in europe, at this hour, red arrows across the board the cac in france down by 1.8% the ftse down by over 1% the dax down by a third of a percentage point look at treasury yields outside of equities, still a risk-off trade ten-year treasury yield backed off. it s below 2.70. it s 2.66% that s as low as it s been since late january so essentially across the world yields coming in people backing away from risk. also noting the two-year note down below 2.5 2.49 obviously people kind of going for that safety trade. also actually echoed in currencies, if you look. the dollar index is not moving much you will see the yen is rallying dollar down against the yen. that s also pretty much typical safe haven trade otherwise not dramatic moves dollar up against the pound. it s the yen that s telling you that basically people are not int
both showed slowing sales. that s what s bringing them down. they went up on stellar revenue growth stellar sales as that growth rate slows. look at the nasdaq look at it tumble that is index that reare flects technology companies. as for dow industrials down triple digits. roughly 200 to 150, 200 points down but i have to tell you again, we have no clue how this market closes out this friday often. let s get to the economy, got some numbers from july through september. it grew at an annual rate of 3.5% pretty good. keep this up and 2018 will go down as strongest economic performance in a decade. this just coming in at us. johnball ton national security advisor says president trump will meet with putin in d.c. and stand by please we have news from the border as well. varney & company is about to begin. another breaking story just coming at fuss fbi confirms an 11th suspicious package this one addressed to senator cory booker. democrat, new jersey, it was recovered in florid
i m sara eisen. i m wilfred frost. very good morning to you from me as well. before we check in on the markets, four big international stories we re watching. china getting hit with a credit gown grade overnight. we have the latest market reaction. the uk upping its security threat level to critical following monday night s terror attack. opec about to kick off a meeting in vienna. president trump is at the vatican this hour after meeting with pope francis. more on all of those big stories straight ahead. first let s check in on the markets this morning. u.s. equity futures after a mini gain yesterday for stocks. s&p closed higher by 0.2%, following a trend of fractional moves, mostly higher. looks like futures are indicated higher again. dow futures up 12. s&p up 2.5. nasdaq futures up 11 points a bit of a defensive tone to yesterday s dane wigain. the ten-year hovering around the 2.28 level. a bit of buying of treasuries, saw that yesterday. the economic reports have be