Washington many. But it is stronger than expected much more on china coming up in a few minutes. European equities, again, sliding in the last few hours. Germany basically flat were taking that to 3 decimal points here. France, uk, spain slightly negative, italy essentially flat as well. Finally treasury yields, the tenyear hovering right around 1. 7 1. 69 is where we have it right now. So certainly something that investors are watching. Yeah. You have yields slipping again a little bit this morning, but were off the lows of last week, which briefly dipped below 1. 6 on the tenyear. Thats encouraging yields had such a big effect on equities as we all know. I think on europe the interesting thing to note this morning is that were not seeing a gap up again in terms of the spread of italian over german yields and talk about the potential new election coming up hong kong, is down 9. 5 , shanghai down 5. 5 it is weighing more on the shanghai market. We saw that elevation escalation of conce
On cnbc. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Happy pancake day. Happy pancake day. Fat tuesday. I didnt know it was pancake day. Fat tuesday, that is an unflattering name. Getting rid of all the food. And you eat pancakes. We eat pancakes. They actually made a pancake at the end of street signs. I like them with chocolate chips. You guys just eat food . All food . Our slender floor manager said every tuesday is fat tuesday for me. Either way, we just eat. I want pancakes. We have to check in on the Global Markets. We did notch a 12th record close for the dow. Wilfred is not impressed unless we get a 500 point rally, but either way this is the longest string of gains i am impressed. I am impressed. You said, eh, less than a percent. 0. 04 we gained yesterday. Doesnt take much. I need to offset it is incredible. It is. The dow is up almost 5 for the month. The nasdaq and s p up 4 . That clearly is highlighting that this rally picked up again after decemb
During conditions like this, it is extremely difficult to know how well get there. We do have teams in the area. Theres heavy casualties there and injuries. These are far, remotelying villages. Olivia heres what it looked like on mount he have rest the moment the earthquake struck. At least 19 people were killed there, including three americans. One of them was a google executive. The other two were a denverborn filmmaker and a seattlebased doctor originally from new jersey. Helicopters evacuated almost all of the 188 climbers who were stuck on the mountain. And Deutsche Bank is planning to make major cost cuts to revive its profit. Lenders are reducing costs. It will shrink its securities business and cut back in its ownership of its postbank consumer unit. One analyst estimates Deutsche Bank could cut about 3,000 jobs in its Retail Banking division, and even more at its Investment Bank. And Opening Statements are set for today in the colorado Movie Theater massacre case. James holmes
3760. S p 500 up 36 points. Up by better than 2 . All the major averages clapping on 2 moves. Stocks skyrocketing on signs today lawmakers are moving towards some sort of a short term debt ceiling deal. Bob pisani, they sure made a big bet that the meeting scheduled for 4 30 p. M. Eastern time at the white house will go well. Thats what were focused on now, bob. Thats right. All of this on a belief that a deal is going to happen. Take a look at the Dow Jones Industrial average essentially closing a t the highs of the day. We were all up throughout the day. Took another leg up on the hopes, again, these are hopes that maybe getting the Government Back into business, getting the government working again, might even be part of the deal. Most people thought it wasnt going to happen throughout the day. That aspect of it. But thats hope springs eternal. Take a look at what we had moving today. The important thing is people kept saying were getting ahead of ourselves. Theres no real deal out
Going to be buying gold. Gold is reacting nicely. Maria is going to pick up the ball in five seconds and run with closing bell at 4 00. And it is 4 00 on wall street. Do you know where your money is . Hi, everybody. Welcome back to the closing bell. Im Maria Bartiromo on the floor of the new york stock exchange. This market rallying again. The s p 500 getting set to close at a new fiveyear high. Were settling out with a rally on the street today as this market continues to want to go higher. Up 80 points on the industrial average tonight finishing at the high of the afternoon, 13,470. Volume picked up a bit today. The nasdaq composite also higher. Also closing at high, up about 16 points on the nasdaq, s p 500 up 11 points, threequarters of 1 . The rally back on. S p 500 closing at the highest level in five years once again. Can the momentum continue . Lets bring in ben pace from Deutsche Bank private Wealth Management and john from cfi group and let me kick this off with you, john. Wh