Markets, yields are continuing to move up. When you look at the japanese 10 year, we are flirting with the zero line. At some point, maybe, we will see if we break above the japanese 10 year. Let me end on this. Some markets are substantially down for the week. The dollar is also seeing a drop. 1 , that is ahead of the u. S. Jobs numbers, which comes out later today. Su keenan is with eyes. She is going to update is with us. She is going to update us. Su lets get right to the newest. We are going to start with china, which has competed has repeated it is going to remain in close contact with the u. S. Over trade. Reports suggest the two sides montharing a recorded 20 spat. The u. S. Intends to impose duties on more chinese imports if a deal is not struck by december 15. A new report says Political Uncertainty in the u. K. Is planning have playing havoc with the job market. Wage pressures continuing to ease. The Employment Federation says companies delayed or canceled plans last month.
Incredible month where you saw stocks continue to climb add that to year to date dow up 7. 3 . The s p up 19. 5 the nasdaq is up a whopping 37 . Lets put that in historic context. The year to date, you were talking about the nas ddaq with the best first months since 1975 held on to gains gave some back in the second past of the year up 30 by the end of the year. If you look at the s p, up 19. 5 . That is the best performance since the beginning of 1997. That year, s p up 28 . It ended up 31 . Adding to gains, mike, throughout the things. You look at this and look back the pattern in history is that markets that are consistently strong with five months up in the s p 500 happens in the context of generally continuing uptrends. It is not a fluke. That being said, it has happened eight times in the last decade it happened 40 since 1949 the dow was up 100 points in the last minute of trading yesterday. A lot of stuff that gets done at month end. In general, the market has answered most of t
Mixed, kind of nothing actually. Isnt that funny. All minimal moves. Lets call it a complex more or less in europe flat at this point. 10year note yield, we had the big employment number on friday. Didnt really see that Much Movement though, did we . Its funny, i spent a lot of time talking about the bonds on friday on mad money, the old days what it would have been been like and it would have been selffulfilling and were we have a great economy so you know rates have to go up immediately. It did not occur and its a different pattern but weve seen for the past 30 years. Lets get to our road map this morning, well get back to the bond market in a bit breaking news in new york city, an explosion near the Port Authority bus terminal during the morning rush hour. There is one suspect now in custody. Plus, the bitcoin boom, the futures on their first day of trading, they are surging. And well also have an update on qualcomm and broadcom and importantly shots fired from elliott this morning
No major hot spots. Bay bridge wb 80 is less then 30 min from the maze to sf. mark you can expect to see more flaring at the valero refinery in benicia today. darya the refinery began flaring friday morning because of a power outage at the facility. Kron 4s will tran is live in benicia this morning with more on what you can expect. Will. will there will be continued flaring at the Valero Benicia refinery while crews work to restore operations of the facility. Valero has advised the city that it is switcing the flaring from the south flare to the north flare. The purpose of the switch is to allow crews time to fully inspect the south flare. This all started with a power outage at the refinery friday morning that led to flaring which released massive plumes of thick black smoke into the air, prompting an evacuation in the area. There is no word on how much longer the flaring will continue. darya thanks will. We will check back with you through out the morning. mark a man is behind bars t
Aveson. pam and im pam moore. The incident the mother is talking about. Happened several weeks ago, but now, the parent is finding out about the video that students at school have already been passing around. steve kron fours Spencer Blake brings us the story from vallejo that youll see only on four. nats yelling, hitting the sixthgrade girl getting beaten up in this video is the daughter of emma simms. I pulled it up on youtube last night and i was horrified. I havent been the same since i seen that video. She knew about the incident the day it happened in early march, but she had no idea how bad it was, nor that a student had been recording it. Her daughter, on the other hand, has known for a while about the youtube video, which has more than six hundred views. People wont stop talking about it. Who . Everyone at school . Everyone in my class. So the revictimization continues. Simms says her daughter has special needs, and though they live on the other side of town, she transferred t