Stronger u. S. Dollar. You can see that here at the bloomberg u. S. Dollar index up over 12. 75 and dime excreted gaining . 65 per barrel, currently at 84. 40. All three of these things here are bad for this thing here and that is why you see stocks dropping. Abigail doolittle is here with a look at the earnings so far and we have had and still have a ton of earnings to come. Abigail, 40 of the s p 500 reporting this week. 15. 8 trillion of market cap recorded. You did a great breakdown of the macro pressures for the s p 500, nasdaq 100. Here are the micro pressures and we have a tale of two stories in the cloud. Microsoft of 2. 7 up to. 7 on strong cloud corner, revenue over of 13 , betterthanexpected. Back in the team growth area. Their cloud is much better, up 29 and above the three preceding quarters, even though it did not top yearoveryear growth estimate. Take a look at google or alphabet, down 8. 9 , between its worst day from last year and march of 2020. That is the degree of s
Corporation chair martin apologized and said he took full responsibility for deepseated Workplace Culture issues at the fbi see during fdic. This is about 90 minutes. The committee will come to order. The hearing today is entitled oversight of credential regularities. One additional comment for members about the schedule. This hearing has a hard stop at 2 00 p. M. So we will not go past 2 00 p. M. So now, i will recognize myself for four minutes to give an Opening Statement. There is plenty to discuss. You are first up. And we all know why. You have filled your employees. Your agency and the american people. The fact that you have not yet resigned proves you take no responsibility for your actions and the words you have used so far make it clear you take no spots abilities for your actions. Showing up today is not an act of courage, its an act of hubris. Hubris. Last week, we were confronted with a report. This includes your verbally abusive behavior. This is beyond partisanship. It is
[background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appalling and abhorrent behavior at the fe
During three and half hour hearing. [background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appall
That was higher than anticipated and that all but nullified the pop that some of the banks gave the market on a series of better than expected reports. Jpmorgan and citi have gone negative. Bright spots on an otherwise topsyturvy day. Boeing is one of the worst performers today. More issues with the 737 max emerging. That stock down more than 3 as for tech, the biggest loser. Every name losing some altitude today. Meta one of the worst performers along with nvidia. Our talk of the tape. Whether stocks can have a lateyear surge or not. Two market watchers on two sides of the argument, bmos brian belski says investors shouldnt fear rising rates and Eric Johnston argues stocks are going a lot lower. Both join me live, as you can see. Good to have you both with us. Brian belski, youre the bull. Ill go to you first. This week inflation sticky. Consumer confidence is waning. What allows to you remain bullish stocks . Thanks for having us. We appreciate the opportunity to clarify our stance.