Notched the first record close since november of 2021. It was up. 90 . It wasnt the only index to set a record. S p was up, too. The 14th record of the year. The dow broke a threeday losing streak and trading off. 75 . Nasdaq 100 set a record yesterday. If you look at treasury yields on this first trading day of march, you see the tenyear yielding 4. 227. Twoyear yield at 4. 58. And Congress Passed the shortterm funding bill sending it to President Bidens desk last night. It averts a partial Government Shutdown that would have happened this weekend. It is part of the broader bipartisan deal to push back the deadline for 6 of the 12 spending bills tofund the agencies until next friday and the remaining six until march 22nd. New York Community bancorp shares plunge after replacing the leadership. Leslie picker has the latest. Reporter andrew, good morning. The latest news is just salt in the wounds of investors who held on to new York Community bancorp shares through the year. The stock
The fed chair today. Plus we have that earnings parade. Netflix surges on sub gains. Tesla, that stock is down. At t, blackstone, american airlines, they are all names that we will be telling you all about. And the ozempic effect. Nestle is looking to offset any future sales impact, now dropping products to accompany weight loss drugs. Lets begin with tesla. Among the biggest s p laggards in the premarket, the company did post a quarterly miss, including weaker than expected Profit Margins due to price cuts. Cybertruck was in focus. This is elon musk talking about it on last nights Earnings Call. I just want to temper expectations for cybertruck. Its a great product, but financially, it will take, i dont know, a year to 18 months before it is a significant positive capture contributor. Of course, musk did comment on all kinds of things beyond the company itself. Rates, of course. Macro, workfromhome, sort of echoing themes hes had before, david. I remember during our interview in may,
Companys ceo as it also gets ready to report after the bell speaking of earnings, it is the busiest week of Quarterly Results, nearly onethird of the s p 500 and 20 of the dow are reporting. F apple and amazon lead the way this week. Lets begin with tesla, rallying in the premarket today, following musks visit to china. The company, winning approval to roll out its full selfdriving technology in that country, jim. This is a partnership with baidu, being called a watershed moment for fsd you need to have i remember when i rode in a waymo, which is googles product, you had to have the google map you just need this infrastructure in order to be able to make it. It was obviously being withheld. Is it worth 22 points . I think that people were short tesla, betting there had to be more lets say, more earnings problems i mean, theres an evercore piece, lowering price target, that was probably prechina. But david, there is a sense among the companies that make selfdriving that theres this holy
Tanisha mauritania, and he jet, which last i checked werent actually in europe, but they outsource Everything Else by this point. So why not that too . Right . Macklin talked about europe meeting the ecological transition as to farmers in europe, street jacketed by european Climate Change detached with their farm land, be spied on by european satellites to ensure compliance. How great that is, brought up europes Energy Sovereignty and re industrialization. Not so thats about germany. In particular, its still busy the industrialized thing, so theyre not quite on the other side of that. Yeah. All the year has become more dependent on price here. American liquefied natural gas o and francis own this ellen g imports from russia are now up 75 percent in the 1st few months of this year compared to a year ago. So i guess my call figure is that people are so stupid that if he just says something enough times like in the speech, theyll just simply accept it all as objective reality a male of pa
Double k up . So the last, i know the longest time way english can remember this only to get political just for the the 1st stuff which criminals will be officially published. And so for them they was given, you know, to pretty much the sort of thing. Well, lets look at to see if the just some of which was followed by chance. I was i see what i give you all the things you put the just the fiscal, the little shop on the services. I have some the logistics i chose up on the discussion with them a little bit about those tasks because they are starting to pay the additional service. I will do this for you and then mosley. This is going. So lets jump on the the, the 2024 is the year of process chairmanship and briggs. Some of you may have heard that besides brazil, russia, india, china, and south africa. The organization now has new members such as egypt, iran, you opiate, and the united arab emirates. So this isnt an easy time for growth yet. Brooks seems to be steadily moving forward. Tod