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Transformation which will catch every part of our society and our economy. And we will do it because it is the right thing to do. Investors want their say. Carl icahn turns hostile in its bid for hp and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. I feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u. S. President saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. The stoxx 600 reached a four year high. So very good dumomentum and you can see that there is a green board right behind me. All the majors are trading positive ftse 100 the outperformer up about 30 points. Good performance in the Mining Sector so that is the ....
Eastern, we get existing home sales data. At 1 00 the u. S. Treasury is auctioning 35 million in fiveyear notes. Now the turn to our first take away, these are big stories. That great treasury sale continues with twoyear yields in the option yesterday the highest in 10 years. Continues toconomy struggle to get wage increases to keep up with inflation. Glencore reports earnings with catholics flow and earnings the turnaround in that company is so dramatic. It was on deaths door just a couple of years ago. Come inside the bloomberg. We had all those auctions yesterday, and this is what we saw. Yields rising to the highest level in 2008 print much across the board. Ira, what did we learned yesterday . We learned demand was maybe a little higher than perhaps people feared. I cant say there werent a little hiccups here and there. The threemonth bill demand maybe wasnt quite up to standard. But otherwise when you look at the 2year note and six months bill auction, they went ok. I think today ....
Maybe because mike khouw has a way to buy baba for less than 2 bucks ahead of earnings. Well break it down for you. Its time to risk less and make more the action begins right now. Lets get right to it, because we are officially more than halfway through earnings season, and check out some of the names reporting next week. Mastercard, pfizer, under armour, apple, starbucks and tesla. So, which should you buy lets get in the money and dan is looking at a sleeper pick. Yeah, you know, if you think about this earnings season, it started off with bank stocks and they acted decently for all intents and purposes, no big news one way or the other, then industrials last week, we saw big moves. Now mega cap tech, alltime highs, massive, eyepopping moves. So now when i think about the cadence of this earnings season, we think about consumer names. We know Consumer Staples acted really badly, one of the worst sectors today was retail, but ....
Tennessee. The subcommittee on communications and technology will now come to order. The chair now recognizes herself for five minutes for an Opening Statement. And i want to welcome you all to the subcommittees hearing titled oversight and reauthorization of the federal communications commission. I appreciate the commissioners appearing to offer their testimony today. And we appreciate that we have been able to hear from you in advance of this hearing. The fcc has not been rethorsoned since 1990 appear its current appropriation is over 430 million its charged with the administration of the Communications Act and other statutes vital to the functioning of the communications policy. We must reexamine the Core Functions of the commission and restore a culture of hul humility. The fcc plays a vital rode in the increa ....