Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by 0. 2 . Italy and spain weaker italy down by 0. 9 look at the treasury market. Right now on this friday were headin
Jap japans exports fell 6. 7 in june, much more than expected. They were looking for a 5. 4 drop tex tend the bigger surprise drop was a 5. 2 drop in importeds versus the 0. 2 decline economists were expected the nikkei was down by 2 . Hang seng off by a half percent. The shanghai down by 1 . In europe, red arrows there as well spain off by 1 . Lesser losses for the other averages check out the treasury market. You will see that the treasury market this morning is showing the tenyear with a yield of 2. 054 United Health just reporting moments ago. Posting Second Quarter profit of 3. 60 per share. That Beat Estimates of 15 cents. Revenue came in ahead of wall street forecasts the Company Raised its fullyear forecast well talk about this more with ana gupte. Netflix shares are falling sharply this morning the Company Reported a drop of 130,000 u. S. Subscribers in the past quarter on the Conference Call Reed Hastings attributed the lower growth in part to its Program Lineup during the qu
Upsidedown shares tumbling on that big subs miss plus, tech in focus ibm and ebay beat estimates. S. A. P. Misses. Microsoft, crowd strike, chewy after the bill and the growing default risk for stocks lawmakers scrambling for a debt ceiling deal why the treasury secretary says dont be concerned obviously netflix is the lead today, tumbling in the premarket. Saw lower than expected international subadditions that news overshadowing a beat on Quarterly Earnings and revenue. Ceo Reed Hastings talked about the miss during last nights earning call this is one where we forecasted high. There was no one thing, and if i think about three years ago, we were also light. You know, we never really were confident of the explanation then we were 2 billion in quarterly revenue. New were on 5 billion so its easy to overinterpret the quarter membership ads the debate this morning is largely about is this about weak content or is this just price churn and elasticity questions yesterday there was a ceo w
If she becomes president and will be welcome. Definitely is stock to watch all the major indices. Democrats win the senate you tomorrow as well as we said, netflix is lower microsofts Conference Call set have to be paying attention to to kick off next hour. What shes proposing in the back to john fortt with a look Communication Services bottom, campaign right now. Clearly, there is a bank at what to expect. John, what do you make of what Oil Continues to slide down 3 aspect of that, as you said, we heard from the quarter so with the reinstation of glass far . Yes, the call in just over 30 minutes, and this is going to today, 8 for the week as a be somewhat of a victory lap for whole. Financials top the sector stiegle. Whats your take on that performers microsoft. Revenue, you recall, came in news this hour, as airline do you think thats a calculated nearly a billion dollars above point from her, to think well, executives get ready to meet expectation, strong eps and with the president
Lis on to this story out of florida. A 200mile joyride ended with a highrisk traffic stop. Also, a huge surprise. Deputies say that they were stunned to find a 10yearold boy and his 11yearold sister hop out of the stolen car near gainesville as they surrounded it. Those are the kids with their hands up. Look, the Sheriffs Office says the pair stole their mothers car after she took away their electronic devices. The mom drove three hours from her northport home to pick them up. Police say mom didnt pursue criminal charges. They are not behind bars. Im trying to think what my mom would do. I almost want to be behind bars. Right. Yeah, exactly. I cant imagine. 200 miles away. Why didnt they just go around the corner . It could have been two miles for me. It would have been the same result once i got home, right . Next hour of cnn this morning starts right now. Whats going on . Welcome to cnn this morning. Sunday, september 24th. Im omar jimenez. Im victor blackwell. Thank you for joining