It was really funny. I think Zach Galifianakis to a little funnier than the president. Of the first time and said, theyre so funny. I watched it again, and zach was so funny. Serious news. Is one steptric closer to getting out of the Consumer Lending business. The company is registered to file for an ipo of its north American Finance unit. They plan to complete the ipo later this year. Callediness will be synchrony financial. The Biggest Investment Bank may be taking a hit in the first quarter. According to jp morgan, revenue from trading them under running, and m a may follow total of 11 simply because clients are cutting back. And also the biggest losers will be barclays and hsbc. Nothing toys it has hide. The government denying reports the missing jet flew for several hours after the last reported radar contact. U. S. Investigators increasingly suspect that whatever happened to the plane did in fact involve a criminal act. We want to bring you to bloomberg investigations into of the
Into this final hour. We are starting to see some selling intensify here. We have to figure out whats going on here. The s p, to give people a sense of the broad market gauge, thats down by. 25 . The nasdaq is off by. 5 . The typical correlations having been falling into place. A lousy 30year auction today which sent yields skyrocketing. The 10 and 30. But that took its toll early on. We got to figure this out what this selling is about. We are tracking two stocks that are nowhere near their alltime highs. Tesla getting crushed today off almost 11 off earnings that were reported giving investors a reason to hit the brakes on this momentum stock. Stabilizing a little bit today, it is up. 5 . Remember it lost 20 of its market cap yesterday. Someone coming up on the program who says whole foods is still an incredible brand and the stock is a buy right now. Bull and bear time on whole foods coming up. Breakup, breserkshire hathaway. Warren buffett says no way. But it would unlock billions