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Im wilfred frost live from london this morning. Lets get straight to the Global Market picture futures are pointing lower off the back of some declines elsewhere in the world we are down around 100 points or so on the dow. Improving a bit. Down about 80 points the s p down 5 points. The nasdaq down about 30 points. A big intraday turnaround yesterday. A 450 point swing on the dow initially markets liked the fed minutes and then they decided to focus on the word further being added to the line of further policying tighteni inin ining ly as we come in to today, down 1 for the week as a whole for the dow and s p. All 11 sectors were lower yesterday and a lower week to date as well down 78 points on the dow as we look at things tenyear treasury note yields rose across the board yesterday in responses to the fed minutes. The tenyear yield hitting a fouryear high the high for the tenyear yesterday was 2. 957. Right now 2. 923 on the teny ....
Look forward to the return and congratulations again. Welcome, everybody, to the closing bell. Im wilburt frost in for bill today. Markets stormed out of the gates this morning, but a dramatic reversal in the last hour. A big day for earnings. After the bell, facebook, microsoft, qualcomm, at t, and more reporting what you need to know ahead of the reports. Starting with the initial rebound and selloff and since then pull back we are uptown at the nasdaq, and bob pasani is at the new york stock exchange, bob, starting with you the important thing is what happened in the last hour because we have weakened now, everyone is talking about the feds statement about market based measures of inflation compensation increasing in recent months, but remain low. They added that phrase they are more hawkish on inflation, but its modest, and the s p, lets look at the s p it did not move at all for the first 15 minutes after the feds statements if you thought, they would have been moving more aggress ....
Town leaves four victims dead. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. It was a big night at the grammys for bruno mars. The awards ceremony was not just about music. Politics played a role as well. Were here in new york. Good morning. Reporter good morning. The grammys wrapped up with two artists taking home the majority of the awards. As has been the case this season, political and social movements took the center stage. The grammys were as much about the actual awards as they were about social and political issues. On the awards front, there was no bigger winner than bruno mars. He won all six awards he was up for, including song of the year, record of the year and album of the year for 24 carat magic. Both songs were written with nothing but joy. Kendrick lamar wasnt far behind with five wins. A electi a best new artist, among those wearing a white rose to raise awareness for the me too movement. N ....
Higher, cac 40 and dax in the green. Lauren sang high composite up about twothirds of 1 . Cheryl busy day for the president , set to address conservative base at cpac and then hold news with Prime Minister of australia. Lauren what kylie jenner that cost snap over a billion dollars. Fbn am starts right now. Cheryl 5 01 a. M. Here in new york, friday, 23rd, good morning, im cheryl casone. Lauren good morning, im lauren simonetti, any good weekend plans for you . Cheryl theres a lot of flights in my future, itll be very exciting, i will see you at the airport. Lauren President Trump said is said so speak to cpac for second year in a row. And gun control to be a major topic in speech later this morning in aftermath of parkland shooting. Cheryl and then the president welcome Prime Minister and expected to ask the president ....
Le we have the editor of the book report thanks for joining us were going to check on markets see how were set up heres the futures dow down 15, nasdaq down 20. S p down 5 coming off the huge rally to close on friday, another strong week of gains for wall street. How about the tenyear, 2. 65 last week. We begin the week at over 2. 7. Did you see that i think the futures are down. Thats a sticker shock to people tenyear at 2. 72. 30year, just a hair under 3 fiveyear under 2. 5 twoyear, 2. 15 wow. Lets get you caught up with stories were watching perhaps the biggest over the weekend, saudi arabias prince alwaleed has been freed. He was detained. We talked about it for the past two months with the corruption crackdown. Several other officials and saudi royals were rounded up and they were at whats known as the ritz prison. Youll get to see it the ritz prison and alwaleed described it as a misunderstanding there are no topics its just a misunderstanding its a key position we had it was a d ....