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Exchange on cnbc. Im wilfred frost. Im Contessa Brewer in for sara eisen lets get to the Market Action yesterday a pretty big selloff we did come off the lows by the end of the day still down just over a percent for the dow. A little less than that for the s p and the nasdaq financials took a big hit that sector within the s p down 3 insurers down more than 3 of course theres another hurricane and storm approaching landfall or makes landfall last night, that was onefactor. We saw the banks selloff almost as much. Yields moving lower. Either way, we are bouncing back a bit today. The dow called higher by 30 points nasdaq by 16 s p bir 4 poiy 4 points the tenyear treasury which saw a significant move lower in yields ended friday 2. 16 yesterday the low was 2. 06 now 2. 075. A large part of that, all of that risk off move yesterday was down to north korean tensions. And the same ....
Will join us on set and talk earnings, technology and perhaps future were watching Hurricane Irma. President talks tax reform today. Europe is relatively mixed our ten year yield below 207 this morning stocks set for a rebound futures point to a higher open big tech leading the premarket. Its one of the most powerful storms recorded. Puerto rico and the florida coast bracing for land fall by this weekend. Meg whitman on set. The ceo joins us live at post 9 in just a few minutes. Futures are in the green following tuesdays sell off in which financials suffered the worst day since may. Treasury yields hit the lowest level of the year. We talked about banks yesterday getting hit by not just the lower rate environment but the prospect of insurance pay outs. They were pressured across the board. Plus all the dovish fed speak is getting people to say maybe the banks wont be helped by a regular tightening path next year and that all came ....
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