overnight that washington could be delaying easing up restrictions on huawei as part of the trade war deepening tensions potentiallimentpotentially ment and we have the s&p 500 and the dow coming off some highs yesterday. overnight in asia, we had some interesting news out of japan. they re changing the way they re buying maturities across the yield curve. we have the nikkei higher by 0.4% we have red arrows on the hang seng and shanghai. new china data overnight that showed food prices surging 9%, largely in part due to a surge in vegetable and pork prices european equities, down arrows across the board the dax is down by 0.9%. treasury yields, this has been the focus all week, yesterday the intraday on the ten-year yield was 1.793% we are seeing extraordinary moves on a day-to-day basis. getting close to the two-year feeling it feeling it feeling it little resecessionary feeling i. we have one other piece of corporate news to bring you. uber shears undehears unde s uber
it is the final hour of trade. we re about to get some big earnings from netflix and ibm. we ll tell you the key numbers to watch in each report. as the floodgates open for ipo market the banks, some are earning more than others and i have the news samsung galaxy fold in my hand i have the first peek. it folds is a nearly $2,000phone going to change the smartphone market? closing bell starts right now. you didn t break it i must tase it to you at the open welcome i m wilfred alongside sara eisen the high of the day for the dow was 146 points currently high by 80 points as you can see. up about 0.3%. s&p a little behind. nasdaq a little ahead and financials, we ll dive into the earnings citi getting a boost because it was investor day let s begin with david faber with us on post nine, breaking news on qualcomm and apple recap it for us first of all. what we ve got today late in the day here is a settlement to a long-rung, nasty battle that has taken between the t
open up about 112 points s&p up by 17 points. and the nasdaq indaicated up by 52 points. this after yesterday s 800-point loss check it out and see what happened overnight in asia the hang seng was down 1.6%. the shanghai was off 0.61% japan down by a half percentage point. red arrows across the board in europe ftse is the biggest decliner, down by 1.1% stocks in france and germany also down by around 0.80%. the energy futures trading on a normal schedule today. looking at crude oil, barely budging, up by 4 cents to 53.29. president george h.w. bush being honored today in the nation s capitol ylan mui has more. good morning. president bush has been lying in state at the capitol rotunda since monday evening the public viewing will end at 7:00 a.m. when the preparations for his departure to the national cathedral will begin. so many people have come to washington to pay their respects to the 41st president over the past 35 hours. not only members of the public but special t
there and the 10-yr falls below. sharper on the hill of some disappointing results. the nasdaq in the midst of the worst month since the crisis alphabet leading fang stock lower. strong consumer spending giving the economy a boost last quarter. gdp coming in better than expected we ll get the first white house reaction with nick muhaney at this hour. we are set to a big decline open thanks to a double whammy in tech. amazon issuing some holiday quarter guidance that was below forecast and nasdaq is on track for the worse monthly performance since 20208 we knew going into the post market last night how much is writing on those two names yes, it looks like a trap it was a relief bound. i don t think anybody decided that all of a sudden that microsoft is going to carry through the entire season. it is vulnerable for the negative reaction. it reflects an unsteady, vulnerable tape in general to where basically people are shooting first you have the unwhine of the convictio
now we know that china russia, venezuela voted to approve this. they will vote to lift the u.s. sanctions. the only power we have left to override the president s veto, and groups like aipac who i have met with the past several days who have to appeal to democrats, this is a bad deal. that is the only way that this whole process can be stopped. why does it need to be stopped? it allows them to continue their nuclear weapons program. that is not why we passed the sanctions over the last decade. we passed the sanctions to dismantle their nuclear capability. the idea that it is for peaceful, energy purposes is laughable. the icbm capability can continue to go forward. you develop that to deliver a nuclear warhead. it will start a middle east arms race. when i was in saudi, they said, why are you negotiating with iran? our allies are confused and do not know if they are still allies. they are strongly opposed to this. now we see a nuclear arms race in the middle east, egypt will