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Im a total loser. Im with you. You are with me i didnt mean it with me. Sounded just like you did lets look at futures, of course speaking of exciting, our markets have been exciting lately a higher open this morning after that turnaround yesterday, european markets and well answer and assume well have spain and italy in there there they are all down this morning. Spain the worst performer of those european markets the 10year note yield was a concern. The budget deal exacerbated concerns about a growing deficit. Will we be able to finance it without rates moving higher . Whats the feds role going to be there you see it 2. 866 is the current number. Lets get to the road map. It starts with the stock market seeking stability after those recent very volatile days. A higher after being in the red for most of the morning. Twitter shares are up more than 25 right now in the premarket the social Media Company reporting its first ever net ....
Its the biggest gainer of the major averages look at treasury yields, this is where the action has been. Yesterday the twoyear sitting at the highest level since 202000 the tenyear at the highest level since 2014 the yield on the tenyear is 2. 632 couple big stories were watching, the u. S. Government is officially reopen for business after President Trump signed a bill to end the shutdown hundreds of thousands of federal employees will return to work. The bill funds the government but only for 17 days its the product of an agreement in the senate to reopen government and tackle immigration within three weeks well watch that its a busy day for ponentse the opening bell Johnson Johnson, Procter Gamble, travelers and verizon. We will hear from capital instruments and united netflix shares are popping the streaming compan ....
Want to be. Auto stocks drive markets to the green after car sales hit a 5. 5 year high in june amid Strong Demand for luxury brands. Time for a change. Swatch has its best day in over two years as investors shrug off a 20 fall in profit focussing on the watch makers positive outlook. Greece passed the austerity measures required for a bailout. Tsipras urged lawmakers to approve reforms. 229 voted in favor of the bill. Chaos was outside parliament. Parts of the square were set ablaze as they chanted we have been betrayed. And anger inside parliament. Half of the no votes came from syriza as they condemned a very black day for democracy in europe. He wrote a scathing blog in which he likened the bailout to fiscal water boarding. No surprise that he would vote against that deal. He has been very outspoken. Yesterday we saw the deputy finance minister stepping down because he simply couldnt stand behind the deal. Whats so interesting ....
Welcome to power lunch. Green arrows across the board. Enough to push both indices to record highs. Tesla is rallying a new call on the street and its the most bullish one out there right now. The analysts who made that call joins us later to make his case for 500 a share. Meantime netflix is also rallying its price rates at 225. Heres what else is happening at this hour. The Senate Commerce committee unanimously approving a bill to get selfdriving cars quickly to the market. Secretary of state, Rex Tillerson knocking down reports that he may quit, saying those reports are irronus and he has never considered leaving. Job growth beating estimates for september but the number down from the prior month. Hurricanes irma and harvey to blame for that. Thanks very much. Im Tyler Mathisen and what a timely day to be here in bost ....
Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to appl ....