Indicated up about 40 points yesterday, we did see compressed yields higher prices for treasuries 10year at 1. 36 the twoyear at 1. 7 in japan, the nikkei falling over 300 points. The bond market won, so we are going to have our friend on today. He always says it is going to be because of slowing growth. He seems to get a little bit serandipitus about it. Ill give him credit. The slowing growth caused whatever caused the slowing growth gold is up. Stock market ignores things until it doesnt hope depot might help. Stock called sharply higher after reporting better than expected results i got a 242 bid, 242. 50 bid now. Right . 228 is 18 cents above estimates. Whatyou are seeing there does not reflect what we are seeing samestore sales up 5. 2 , which is strong. Consensus is at 4. 8 home depot announced a 10 increase to 1. 50 a share you can figure out the yield will double every seven years. Joining us with immediate reaction, the bottom line beat is big the samestore number is better.
Carry your credit card but it may make say ouch it is tuesday july 16th. Fbn am starts right now. Techno music to start your morning welcome to fbn am good morning im lauren simonetti. Were awake you probably are now as well good morning everyone im l cheryl casone. Markets are awake as well lets take a look at how your money is moving any gain on wall street today will be a record for all three major averages dow up 5 s p up one and three quarters nasdaq gaining seven. A big day for earnings season things are heating up, of course, the banks are going to be in focus, of course, goldmann and dominoes all going to be on tap. Three dow stocks reporting the yield on tenure treasury right now stangdz at 2. 0 . Continue to track oil contract earlier no movement with the iranians and as you can see a slight gain as well part of that, of course, is the gulf situation. 5964 thats a gain of 6 cent pps japanese market e reopen today nikkei gaining two tenths of one percent, and south korea the e
To rein in its nuclear ambitions. And. Live from doha also coming up. More deaths during protests in gaza as the palestinian president rules out a u. S. Role in future peace efforts. Spains Prime Minister says no to talks with catalonia exiled leader Regional Elections underlined deep divisions plus. If that happens were we going to do. By low income families in the us a worried about losing a Vital Health Care program. To council has unanimously passed new sanctions talks in north koreas fuel imports resolution drafted by the us will ban the ninety percent of Refined Petroleum Products Exports to pyongyang kim jong uns regime is already under u. S. U. N. And e. U. Sanctions after conducting nearly touching several nuclear and missile tests this year to draw widespread condemnation mike hanna has more from the u. N. In new york. Well what has been a sometimes divided year for the Security Council draws to an end with a display of unity the resolution on north korea tightening sanctions
China punishing five electric carmakers for skimming 150 million in subsidies. It was an idea of what you think about the top stories. Follow me on twitter. Getting to breaking news, the Interest Rate and south korea was one and one quarter half percent. It remains the record low 1. 25 . What is the bank of korea saying . It is saying we have pretty much stable forecasts here, and this is probably lied with the economist we have been talking to. More breaking news coming in from the government there. Theyre suggesting there is an earthquake that could be an artificial one north of the border. Sherry, what is going on market wise there . We are seeing asian stocks falling for the first time in four days. It is at the lowest level in almost two months. Downealand being dragged by industrial, down 4 10 of 1 . The nikkei has started in positive territory and is negative now, declining for a third consecutive session. The yen is strengthening. 1 is also down with an more than 1 . Have china
We begin with developing news. That developing news taking place in brooklyn, new york. Within the past hour, new York City Police commissioner bill bratton revealed details about the executionstyle shootings of two of his officers. Bratton became emotional, talking about officers wenjin liu and raphael ramos. He says the two were in their patrol car on a Street Corner in Bedford Stuyvesant when 28 yearold Ismaaiyl Brinsley approached their vehicle. He took a shooting stance on the passenger side and fired the weapon, his weapon several times through the front passenger window, striking both officers in the head. Investigators say that brinsley then ran inside a subway station and shot and killed himself. Officials say brinsley has boasted online about plans to shoot police and is suspected of shooting his girlfriend in baltimore just this morning. New york city mayor bill de blasio said the shootings were an attack on all new yorkers. When a Police Officer is murdered, it pairs at the