veterans day as we thank those who served us in the past and continue to serve us today i m becky quick along with joe kernen along with andrew ross sorkin things are in the green once again. looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. up another 626 points yesterday. dow futures are up, s&p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1%, actually indicated higher today as well. up by about 130. the bond market today the is closed in ob sservance of veters day. we ll talk with david petraeus later this morning andrew thanks. and an important day in the united states of course. but there is also a holiday going on in china, very different kind of holiday, made up of a shopping a made up shopping holiday i should s
108 points hire. so good news all around. let s see if it can stay this way. treasury yields, you can look at a 10-year note at .681 we have so much going on the fed kicking off a two-day meeting. the first since it put new framework into place isn t expected to change interest rates fed chair powell planning to answer questions about the outlook during tomorrow s news conference then we have the data coming in today where we get august import and export prices. the latest productions numbers and the earnings, we have fedex and adobe. a lot of other news, joe i can hear the bounce in your step i hear it in your voice. i think it might be the guests we have again today. i know you are excited for the hour we had great guests yesterday and great guests today we have bob from viea come cbs jared kushner coming up in the 7:00 hour. kevin mccarthy then i realize we miss becky whenever she s out but you like to talk and i guess i do too so it is 50/50, instead of 33, 33, 33
surged as lead by amazon we ll have more on that in a minute jim cramer said it feels insane. i m wrong to say that at the moment u.s. equity futures at this hour show you how it stands. we ll have another day in the green. dow up 230 points. s&p 500 up we should show you treasury yields now at .0617. all i do is think about my 10-year mortgage i don t have a 10-year you have a 30-year, which you regret i wish i had a five-year arm. you could still have a five-year arm. you are giving it to the man you are. giving it to the suits. we are seeing a bit for bonds and equity even higher a reach for safety even though we have a risk on. the eu has reached a breakthrough deal agreeing to $857 billion recovery fund it will raise money by selling bonds collectively disbursed to the maybe countries hit the hardest that do not have to be repaid many countries including germany had long opposed also agreed to eu budget of $1 trillion beginning next year brining the total spend
we re not seeing that, but i m looking at tech stocks we are seeing still dramatic moves, pintrest up about 10% shop fie up about five the market faded gains yesterday in the 10:00 hour bounced back by 11:00 and close we were about flat you never know which way that is going to go, right, morgan that s true, jon. we have averages up about 20% off the march 23rd lows. one of the questions being debated on wall street right now is are equities ahead of reality? the focus has been for investors for the market the curve of the virus. we are seeing some of the hopeful signs that s maybe flattening in the hot spots like new york, new jersey, some of the other areas that have been epicenters here in the u.s at some point in the coming days, hopefully based on the models we ll get past that projected peak and i think the question shifts to what does the medium and long term impact of covid-19 look like on the economy and also what that s going to mean in terms of a rewriting on ear
russell is up 3.25%. so steve, i turn to you. we have in the last hour, bernie sanders out. that gave stocks another leg you have a comment from dr. fauci today that the virus turnaround is likely after this week and you have the new york city mayor de blasio saying that there are enough ventilators, he thinks, to get through this week all of that seemingly is enough to keep the market where it is but we saw what happened yesterday when everything evaporated later in the day. does this have staying power i think it does, but within this range that we re in, with the downside being where we hit the lows before, i m hoping we don t retest that. the focus will turn shortly to how we get back to work once the virus is over. and i do believe that s what took the market down somewhat yesterday afternoon, in addition to it just being up too high, too big a move because when governor cuomo said four to eight weeks, tristate area is going to come back, people are thinking, okay, how