Decoupling markets in asia and europe were slightly weaker but here in the u. S. Were in the green. Treasury yields at this hour as well, we have seen some better than expected german labor data cause some firming in the global bond markets right now the 30 year is just sitting at a 2. 15 yield the tenyear, 169 and the twoyear at 164. That story that really dragged our markets on friday. We finished off the lows on friday any way only down half of 1 on the s p 500 by the close, but clearly if that story is turning around, its unsurprising to see futures up a little bit this morning. Broader market was down 1 last year. The u. S. China trade fight continues to dominate the Global Market headlines friday, stocks dropped amid the report that u. S. Would limit eunice yoon with the latest. Hey, eunice. Hey, guys if its true that the u. S. Officials are clarifying that the Trump Administration is not going to be imposing any restrictions on u. S. Investments into u. S. Companies that would d
Good wednesday morning, welcome to squawk alley. Im carl quintanilla, obviously a big day for earnings were watching the hill, the ftc and facebook is the big news a News Conference on that 5 billion fine over data privacy issues is going to start in awe if moments. Were going to take you to washington when that begins, but the swirl of agencies circling the company, ftc, who knows what the doj has in mind and well get a clearer picture of what the quarter looks like tonight. I dont know why it feels like something shocking is happening. Weve known this fine is coming for a long time, a big fine, but somehow to see 5 billion written down then more interesting to me, the restrictions and the oversight, the committee within facebook that looks like maybe its been structured in a way where Mark Zuckerberg doesnt have total control over this piece, you know, the ftc making the case that Mark Zuckerberg has to certify this privacy compliance every quarter, and this time if he slips up, ther
If you bought it at four, thats the problem inflation wise, youre not necessarily down with inflation falling. You no he know what im saying youre going to make money because eventually theyre going to come down. Thats what i dont understand f youre telling me right now this isnt a good deal, youre telling me that im going to be able to get the ten year. Im telling you two things. Youll get your principal back and it is part of any diversified portfolio to have a large part in bonds where you know youll get your principal back thats all i can guarantee you. Year. 2 years from now, if rates fall and inflation goes down, wake up at 3 and you lock in higher rates, they always make a mistake in the bond market. Back here is what i was really thinking, i was asking experts about this this morning, we are getting into hazy territory because we are going cross discipline here. Im looking at 4. 4 and im thinking isnt there a 4 rule for 401 k retirement . At what point do we go to the territory
Internet connection is something no one can live without soul i always there for our customers with speed, reliability, value and stress. Now more than ever it all starts with grace internet. Well supports cspan as a public servicewith these other Television Providers give you a front row seat to democracy. Majority leader Chuck Schumer urged congress to implement regulations on Artificial Intelligence. Leadership said failure means Ai Technology would go unchecked and could harm the nations security. The center for Strategic International studies at washington dc posted this discussion is about 40 minutes. Can you hear me . So welcome to see sis, thank you for coming and we are a Bipartisan National Security think tank and thats why senator schumer chose see sis for this speech. Its an honor and pleasure to introduce editorschumer. I dont know most of the senators resume that id like to go through some quick background. My background with senator schumer is he is both a thinker and do
Plus, the other big piece of the market puzzle right now, earnings. Well trade some big names which reported this morning and preview some of the names due out after the bell, including amazon. But first a check with the markets with two hours to go. The s p 500 trading by 40 points. Small caps the key laggards as we watch the dollar strengthen. Gold is down by 0. 2 . Big mufr to up the side, eli lilly raises guidance thanks to sales of the obesity drug which exceeded half a billion dollars in the quarter. Way ahead of expectations. And here is a few of the other big names were watching for after the bell. One would be amazon, two would be amd and the third would be super micro. Two out of those three are lower but amd is higher by half percent. We begin, however, with the fed as we are just 24 hours away now from the decision on Interest Rates. Widely expected that the fed will keep rates unchanged. Our next guest doesnt see a cut tomorrow but is sticking with his forecast for three r