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Haidi welcomed today by garth roy im hiding stroudwatts in sydney. Annabelle im annabelle droulers. Shery im shery ahn. The top stories this hour. Treasuries excel off while equities churn as investors digest higher rates and Rising Oil Prices with the dollar extending its climate. Annabelle the largest u. S. Memory chipmaker warning of a steeper than expected loss this quarter. Shery how the new honda ce cash qantas ceo turns around mistrust after being grilled by australian lawmakers. How u. S. Futures are coming online after stocks finished the session mixed. We saw the s p 500 fluctuating between gains and losses to finish where it started. It erased some losses after President Biden touted artificial intelligence. The nasdaq 100 outperforming finishing in the green. We had at micron smiths after hours adding to technology pessimism. Look at the 10 year yield. The 460 ....
Shery youre watching daybreak a show live from new york, sydney and hong kong. Haidi the top stories, asian stocks are lower as volatility ratchets up. The dollar is extending gains. Tesla in the crosshairs as a beneficiary of subsidies. The ftc is accusing the ecommerce giant of monopolizing services in challenging sellers. Shery take a look at futures. Muted moves after the s p 500 fell to the lowest level since early june. We are on track for the worse month this year. The fear gauge is climbing above its average to the highest level since may. Investors are digesting data with Consumer Confidence following read treasury yields drifting. The 10 year yield at 453 levels, decade highs. Weve been watching the upcoming preferred gauge of inflation, that will be one to watch in terms of the fed and a potential shutdown leading to safe haven demand in the dollar index at the highest level this year. Seeing its longest winning st ....