Fresh data from ice on home prices and supply and how were setting up for the important spring selling and buying season and thats coming up, but first, lets get a check on the markets overall which are relatively mixed and were flat for most of the major indices and the dow is up 0. 1 near session highs and we were down much earlier in the day and the s p 500 just about flat on the session and the last trade, and the nasdaq composite 16,250 thereabouts off 0. 2 . Meanwhile, check out whats happening trendwise for many of the Regional Bank out there and basically green across the screen as people are starting to see some signs of value out there and perhaps getting a mean reversion trade and Short Covering and people taking out some of those bets on the down side and taking profits there. On the Regional Banking side, you can see the etf is doing relatively well and Zions Bancorp will be taking on the s p 500 this month and the up oncommunity bancorp is up three bucks a share on the bi
Wilfred frost. Lets check on Global Markets because we are on this friday seeing gains, at least on the futures side of things you can see futures pointing to a higher open, the s p up by about six points, the dow up by about 78 and the nasdaq up by about 13 points overall. Lets get a check on the fixed income markets on the treasury side specifically with the tenyear u. S. Treasury note, yields are 2. 362 , a little lower than they have been over the last couple of days. So the Interest Rate picture taking a little bit more clarity given the feds Interest Rate hike and some commentary about the future still, though, yields in focus, especially for those financials, courtney. Lets look at whats going on around the world in trading. So take a look at what happened in asia overnight. Mostly lower, as you can see the south korean kospi is the one outlier higher by about 0. 5 the hang seng was the biggest laggard, down 1 a lot of focus on whats going on here in the u. S. When it comes to o
Those markets are doing today. Its a red day for the most part, spain is in the green. 10year note yield were always watching that and that is at 2. 42 boy, its a big start to the year for crude well talk a lot about that. Crude over 60 bucks even though its ticking slightly lower today along with brent and wti and brent at the bottom of the screen the roadmap starts with the new year and new rally futures rising as we said as wall street shrugs over geopolitical concerns and the tax effect bp taking a major q2 earnings set but bullish on the tax laws long term impact apples mea culpa, looking to quickly make amends with angry customers. Stocks coming off the best yearly performance since 2013, including 71 record closes for the dow, 72 for the nasdaq and 62 for the s p the dow posting a 25 gain for 2017 and s p up 19 . The nasdaq leading the three major indexes up 28 jim, happy new year to you. Happy new year. Thank you very much. It would certainly seem as though we entered a new yea
That. Plus, a developing story involving the search for that mystery airliner, Malaysia Airlines flight 370. Some authorities believe they may have found the debris field, but the reports are really contradictory. Sue, down to you at the nyse. Its a big here down at the nyse. Stocks rebounding after a big selloff yesterday. The dow right now is up 121 points. The s p 500 is up almost 12. The nasdaq, as you can see, is in the green as well by almost half a percent. Transports are down a little bit in todays trading session, about a tenth of a percent. And the mighty tenyear note, whats the yield . 2. 777 . So did the market get fed chair yellins message wrong yesterday, when they sold the market down so hard yesterday afternoon . Cnbc contributor ron insana any thinks they did. And senior economics correspondent Steve Liesman is with us as well. So, ron, you really think that the market misinterpreted or perhaps focused too strongly on that sixmonth phrase that miss yellin used . Yeah,
Trade lower as they face the stress tests, too. And europe touches multi year lows. The ecb could ease policy as early as next week. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And a very good morning. Welcome to the show here on worldwide exchange. Very good morning to you if youre just joining us, as well, in north america. European stocks yesterday were softer. The dow down. This morning, futures are indicating we are going to get a bounce higher on the dow by something around 17 points or so. Were pretty much half a point above fair value for the s p and the nasdaq yesterday having its worst performance in two weeks, down 1. 4 . As you can see, futures were just indicating i think we had a flat opening. The s p down 0. 7 yesterday and the dow jones average was down 0. 6 . Facebook down nearly 7 after agreeing to buy oculus for 2 billion. We saw that big fall in king, as well. Just an hour into the trading day, this is where we stan