At one point, they were convenience not absolute indicated up about 300 points on necessity as in the activity that positive news out of moderna. The s p is indicated up about 13 couldnt be performed, so even if youre working out of your points and the nasdaq would open home in new jersey, new jersey says wait a minute were not by about two points after a giving you a credit because you performed the work here. Strong dayyesterday. We get to tax you too. So both sets of taxes. All of those states are facing severe crunches at this point so i would imagine all of those states will be pretty aggressive about it. When you say you could do the work some where else, new york city was closed down, offices the nasdaq was up by 1 . Have been closed down. Employers didnt want people back in the building lets look at the treasury seems like a little extraordinary during these times. Do you think eventually what happens the states gettogether you will see the 10year now and work something out whe
Lets check where we stand on this wild markets day stocks taking a dive in just the past few minutes, now down 130 points all the major indexes reversing at the tenyear yield hits its lows of the day. And that is a sign of worrisome growth ahead lets go to bob pisani hi, bob. Hello, tyler. Again, markets roughly tracking bond yields. Take a look at a chart weve shown a lot recently the intraday of the tenyear versus the stock market here we saw a program come through as yields dip below 1. 5 here weve been trading practically in lock step with those yields today. See the market here with the tenyear yield on the top there in the s p on the bottom this is an intraday. And pretty much moving in lock step i want to note two weak sectors today. Retailers are continuing to get slammed today. Macys gap, l brand, all down another 4 these all of them are down about 20 this month i want to highlight transports common theme here. Logistics and trucking like jb hunt and rooyder ryder, all wear to
The dow and the s p 500 finished the day higher, af rel for investors who were searching for answers after yesterdays big selloff. Trade pushed stocks lower and then higher asd money rus into the bond market yields fell and stocks followed. At one point the yield on the tenyear treasury dipped below 1. 5 . Thats the first time that has happened since 2016. The yield on the 30year hit a recobu low, again, that didnt last. Yields rose in an unusually harp way and stocks swung wit them. Here is where the major averages closed on the trading day. O theu joins industrial daerage rose about 100 points, the n fell 7 and the s p 500 added 7. Bob pisani takes a look at the strange day. Reporter stock went for another wild ride with the dow swinging all day. We saw risk actions first on a number of back andand forth u. S. china trade headlines. As yields fell further to multiyear lows. A member of the European Central bank said the ecb was setting the stage for an aggressive rate cut in septembe
Tate andtsot al check thi o a, usasaa we won the world cup and a superstar her name is carli lloyd. And first thing weve got to do, guys lets check the big board. 158 points at one point last night. Almost 300 points its going to be a treacherous start to the market. Weve got it covered for you. And remember oil trading in a range 58 to 60 gone. And not just greece but maybe china as well and were about a flight to safety. First, lets check on cold. Not up that much. Its not the doomsday scenario that we thought it would be at least not so far. Theres a flight to safety. Take a look at the 10year yield when the world goes to hell in a hand basket yielding 2. 3 . Lets go to the man himself. Doing amazing work out of athens. Ashley webster. Ashley thank you very much charles. You can be my agency by the way. Listen, listen. [laughter] what happens now. Now to the excitement of the no vote has died down and the reality is will the eu be able to find some sort of Common Ground with greece
Some kind of Infrastructure Initiative by the Third Quarter. Some details to be filled out before then and we will present a new plan to restore americas competitiveness. Dagen amarnath first on the fox Business Interview straight ahead. Earnings in focus, especially apple. The tech giant after the recording bell today. All the numbers seen it coming up. Futures hover near the flat line. It is down for the dow yesterday. Dow futures up five points right now, but the nasdaq closing at a new alltime high on monday. In europe, stocks are higher after the long holiday weekend. Gains across the board there. In asia overnight, markets mostly higher as well. The only losers, shanghai composite down a third of 1 . Mayday protests turning violent. Demonstrators in portland targeting police and dozens arrested. The latest developments ahead. A travel warning for america. The state department saying that citizens should be aware of the heightened Terror Threat for europe. We have the details. Air