Haidi welcomed today by garth roy im hiding stroudwatts in sydney. Annabelle im annabelle droulers. Shery im shery ahn. The top stories this hour. Treasuries excel off while equities churn as investors digest higher rates and Rising Oil Prices with the dollar extending its climate. Annabelle the largest u. S. Memory chipmaker warning of a steeper than expected loss this quarter. Shery how the new honda ce cash qantas ceo turns around mistrust after being grilled by australian lawmakers. How u. S. Futures are coming online after stocks finished the session mixed. We saw the s p 500 fluctuating between gains and losses to finish where it started. It erased some losses after President Biden touted artificial intelligence. The nasdaq 100 outperforming finishing in the green. We had at micron smiths after hours adding to technology pessimism. Look at the 10 year yield. The 460 level, the slump resuming in todays session. The 10 year yield is over one percentage point higher since midmay. We
Louder copy into iowa, we are here with Christian Fraser at the Iowa Caucuses they have all been under way now, but the indications are that it is a tight race between the four frontrunners who were trying to eat, be the person from the party who is going to unseat donald trump in november. And nick bryantjoins me now from joe biden hq. Any sense of what the mood is . No, we havent spoken to that many people, because we have come straight from a caucus ourselves, just across the road, its a big basketball arena, always remarkable to see this communal act of democracy out in the open, as you know people indicate who they are going to vote for by sitting in designated areas. It was in a basketball arena and after the first round of voting, they saw something which they reckon is pretty rare, which is five candidates meet the threshold of 15 . Those candidates, in ascending order eliza bath warren came top, Pete Buttigieg came second. Amy klobuchar, came second. Amy klobuchar, came third.