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Transcripts for MSNBC Way Too Early With Jonathan Lemire 20220111 10:38:00

with downy infusions, let the scent set the mood. feel the difference with downy. all are of. various: ahhh. time now for business, for that let s g to london where we find cnbc s julianna tatelbaum, a true friend of the show. juliana, good morning. tech stocks actually ended the day higher after they experienced an earlier selloff. what s your read on that, and what can we expect today? well, jonathan, good morning. yesterday really was a stunning trading session. we saw this major reversal and sentiment take place. early in the day we saw a continued selloff in those

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Transcripts for MSNBC Way Too Early With Jonathan Lemire 20220111 10:39:00

technology stocks that we ve talked many times about, and also we saw u.s. treasury bond yields rise sharply, and then midway through the day we saw a complete undoing of those trades and ultimately the tech-heavy nasdaq index end hire and ten-year treasury yield ended the day slightly lower. this morning u.s. futures indicate a positive start to today s trading session. it appears to be continuing into today s session. investors will be turning their attention to jerome powell, a nomination hearing before the senate banking committee, and tomorrow, the u.s. inflation data that is certain to come through. we ll certainly be watching that. goldman sachs is saying it expects the federal reserve to raise interest rates four times this year, up from three last week. what s fueling that change. well, this is pretty big news yesterday. investors across the globe are trying to determine, trying to predict what the federal reserve is going to do this year.

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