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And kill the american dream. Lauren they are tracking your every move, what you need to know to protect your privacy. Its thursday, october 17th and fbn a. M. Starts right now. I want to dance. And love. And dance. Again. I want to dance. And love. And dance again. Lauren welcome to fbn a. M. Good morning. Im lauren simonetti. Cheryl good morning, everybody. Im cheryl casone. Lauren lets take a look at how your money is moving this thursday. Modest losses yesterday, modest gain today. A weak retail sales report yesterday increasing the odds of a fed rate cut to 87 . Cheryl the Commerce Ministry in china releasing comments within the last hour, that news breaking, that basically that talks are on track between the u. S. And china following mr. Mnuchins comments yesterday on that topic. No change for shanghai, the hang seng did have a 0. 47 gain. Lauren a last ditch brexit deal is in limbo as european leaders start a key meeting. ....
S p is now down 2. 25 the nasdaq is off by 40 points that happened after news that we heard from beijing that well tell you about in a moment Interest Rates are a huge part of the market story. Yesterday we saw the inversion of the twoyear and the tenyear yield. So shortterm bonds are paying more than longterm bonds. Historically this is considered a recession warning sign check this out the 30year bond this morning is now yielding below 2 . This is the first time in history weve seen the 30year below 2 1. 99 . Tenyear is yielding 1. 557 . The twoyear is yielding 1. 54 lets look at what happened in markets overnight in asia. Things got a slower start there. The nikkei was down out of the gate it ended down by 1. 2 . In china, stocks are stronger. Shanghai is up by a quarter percent. The hang seng up by three quarters of a percent. In europe, there is active trading taking place, you are seeing some red arrows across the board. The ....
Memorial day. Katie and Katie Greifeld in new york. Welcome to Bloomberg Markets. Look at markets on this friday, green on the screen after a disappointing day on thursday. S p 500 higher by. 4 . It felt by. 7 yesterday. We are marginally lower for the week. A look at the nasdaq 100, higher by half a percent. But russell 2000 current the higher by. 6 or so. Lets drill down into eli lilly, boosting its weight loss drug supply. The farmer giant was meant 5. 3 billion will spend 5. 3 billion to make the main ingredient on its with loss drugs. The popularity of this shot has led to shortages. Gaming cardi joins us now with more details. You think about the question to boost production and be able to address the demand. How far will the investment go . Ideally, despite the ubiquity of these medicines it sometimes escapes and it sometimes escapes notice that they are technically ....
Highprofile potential target, yeah, you talk to that person. Usually close to the end. Now, the president doesnt have to talk. I imagine the president will talk because thats what he does. The president will talk. That is a perilous decision for the president and his lawyers. I dont think he can do it. I dont think that the president can sit down with muellers team and answer these sorts of questions. Why . Because hes opening himself up to other possible crimes, right . If he gets in there and they determine he isnt telling them the truth about certain things, again, it doesnt have to be about the fundamental questions as to russian collusion. It can be about almost anything. Hes opening himself up to the possibility of additional federal charges. I think that that i think he will say, maybe im wrong. I think hell say, my lawyers have told me. I want to be in there. I want to talk. And i believe that by the way. I believe donald trump wants to be in there and talk to them. I have to b ....
Our billion dollar buyer, tillman furtita, notching his first win as the owner of the rockets on Opening Night for the nba. He did it in thrilling style the former commissioner, david stern, will join us. The anthem protest Team Valuations and much more this slamdunk addition of power lunch begins right now there is nothing wrong with the slamdunk addition if i could do it, i would do it all the time i am brian sullivan. Nobody is feeling blue about these markets. Your money is now just 3. 5 away from dows 24,000. You can thank ibm, big blue adding about 80 points to the dow on one of its best days in decades. We will dig into ibms big quarter. The ipo of the day is a chinabased micro lending company. Nothing micro about its gains. It is soaring in its debut allergan all on the move anthem rallied to help ensure creating a new pharmacy benefits unit michelle im michelle carus ....