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Business. We hear what the ceo has to say about the future of the company. And amazon getting into the streaming music game with a new lower cost option. What that means for the industry and all the competition like spotify and apple. First up though the watch is onto see if the dow and s p can rebound from worst oneday performance in a month. Tuesday was even worse for the nasdaq down more than 1. 5 with microsoft among the biggest tech losers. Mike, were back to essentially the 100day semis didnt perform well, honeywell, dover, alcoa, what does this mean . Definitely a nasty oneday shake out. Brought you down to the bottom range weve been in really in months and to that average. Seems like there was all this disorder on the borders of the equity markets going on for awhile on the currency fronts, in Government Bond yields, theyve been moving much more dramatically than stocks recently. A lot of that finally spilled into the sto ....
Well look at it now down well over 100 points and then down 20 points now were down 49 points. With whiplash there. Now look at Interest Rates. That is the key barometer, yield 2. 26 now. Couple of hours ago it was 2. 34 that is a huge spike and then decline. Scott was in chicago and hes going to tell us what is going on. Scott couple of weeks ago that tenure treasury yielded 10. 7 but now 2. 26 why the spike . Back to good friday that bad number on that day. Market, cash markets were closed but future market tanked but by the time we came in on monday and closed monday afternoon everything was much higher than it was say on thursday before good friday, and i dont think that bodes well for the market but upset feds an now fed is now sitting there thinking, theyve got a job to do against the bonged market. Bond market is biggs bond market out there so we have to fight against the bond market and ting theyre winning. Theyre ones bon ....
And which didnt hold up . Captioning funded by cbs this is the cbs morning news for tuesday, may 12th, 2015. Good morning, good to be with you, im annemarie green. We have breaking news of another massive earthquake rocking nepal this morning. The usgs says the 7. 4 magnitude hit close to mt. Everest near the chinese border. At least four people were reported dead. The quake was followed by two powerful aftershocks. Nepal is recovering from a devastating quake that killed more than 8,000 people just over two weeks ago. Shock waves this morning were felt as far away as new delhi. And its another day of potentially Severe Weather in the southern plains. A string of powerful thunderstorms is expected to develop into texas and into the mississippi valley. Damaging hail and another round of tornadoes is possible. Flash flood watches are posted in texas, oklahoma and arkansas. A line of tornadoes roared through texas and arkansas sunday ....
Vehicle provides the best safety and which didnt hold up . This is the cbs morning news for tuesday, may 12th 2015. Good morning, good to be with you, im annemarie green. We have breaking news of another massive earthquake rocking nepal this morning. The usgs says the 7. 4 magnitude quake hit west of nacche bazar, close to the chiennese border. It sent people rushing into the streets of kathmandu. After a quake killed more than 8,000 people two weeks ago. Shock waves were felt as far away as new delhi. And its another day of severe storms. Expected to develop into texas into the mississippi valley. Damaging hail and another round of tornadoes is possible. Flash flood watches are posted in texas, oklahoma and arkansas. A line of tornadoes roared through texas and arkansas sunday. At least five people were killed. Don champion is in hard hit texas. Good morning,don. Reporter the deadly tornado has all but change live in the town of 2600 people. It will continue for the second day in a ro ....
Erred near mt. Everest. Devastating blow to the area. Still recovering from another major earthquake, last month that killed more than 8,000 people. Hand down punishment over socalled deflate gate. Tom brady suspended without pay. His team the new England Patriots were also punished. Eyewitness News Reporter justin finch joins us now in our Satellite Center more on this story. Justin . A lot of hurt feels, brady facing four game suspension without pay. Paths now facing Million Dollars fine. And fans who were angry that there is no proof for this punishment. With tom brady, society miss one fourth of the upcoming regular season, fans fear the new england tree a the will raise the championship banner without mvp. Without braid lurks you cant do it. I dont want to ....