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Overnight was in the belly of the curve of the fiveyear as the fed committed to keep eyeing bonds. 10 year yield is also at the lowest in a week. You see that in the aussie markets with 10 year yields down , so belowbasis points the 1 threshold. Yen. S are bid up with the it breached that 107 mark. We are still around 10693. Hong kong dollar also breached that small and. End. Very strong side of 775 7. 75. Crude continuing the climb after the u. S. Stockpile data. Highest in nearly four years. Gold futures getting a boost from the fed. Bond yields staying low. That is helping to provide this rally. Has. Haslinda expectations of a long road to recovery. Ovishost average dub signal. Our Global Economic and policy editor Kathleen Hays is here with powerful words from jerome powell. How bad is the feds you of the economy to be so dovish . It certainly has reassured investors that ....
A virus lockdown winner has emerged. Its walmart. They have had the advantage of remaining open and they finetuned their delivery and pickup services. They have done very well. Look at this. Same store sales, up 10 . Huge. Sams club sales up 12 , even bigger. Ecommerce, now, this is a big one, up 74 , online sales. That is remarkable. The stock, we are quoting premarket now, the stock is up nearly five bucks, 3. 8 . Okay. This is going to be a live action day. Two top money guys head to capitol hill. Speaker mnuchin, jay powell, they will be discussing what they think still needs to be done for the economy. You want my opinion, please give us Liability Protection. The president addresses the nations farmers. What do they need and whats with the Food Supply Chain. We will carry his speech live. Thats in our 11 00 hour this morning. Then theres the market. After yester ....
The market, this is called a rally. Investors want that mini china deal and now it looks like they may get it. Stocks are going straight up. Look at this. The dow up about 1 , 250 points. The s p up about 1 , 27 points. The nasdaq, up better than 1 , up 78. That is a rally. We are also covering this. Violence and intimidation outside the trump rally in minneapolis last night. Oh, it was ugly. The trump haters attacked the police and Trump Supporters. Senator tim scott said people across the country are quote, consistently being intimidated. Watching what happened last night, senator scott said it sickens my stomach. Yeah. Theres a lot going on today. We are going to cover it all. Varney company is about to begin. Stuart happening overnight, a rocket attack on an Iranian Oil Tanker. It was near the saudi port city of jeda. Lauren, what happened . Lauren you had an irania ....
Lovely to hear the song good morning to you. A very warm welcome to you from worldwide exchange. And total eclipse day were only getting 72 , but im still jazzed about it. 72 is pretty high. Make sure you have the right glasses. First lets have a look at the Global Market picture this morning. Futures view, which did sell off a little bit on friday for the week as a whole, the nasdaq and s p down about 0. 6 . The dow down 0. 4 . So despite all of those crazy political we didnt see that much reaction in terms of selloff. This morning just alle little r on the screen. Lets have a look ten year treasury note, yields slipped back below 2. 2 , again partly riskoff buying, but a slightly dovish set of fed minutes that suggested tapering was more the focus going forward. This morning 2. 185 and trading afternoon the rest of the world, asian markets closing mixed. So we have the nikkei down, you can see 0 aboutme. 4 , but chinal higher in ....