Page 5 - Data Trust News Today

Yields have picked up. Tenyear yield above 5 . That is a significant level. We touched briefly above that for a nanosecond last week. Since then, you have to go back to 2007 when you have seen yields at these levels. 5. 012 for the tenyear yield. By the way, check out energy prices. You will see wti which is off 33 cents. 87. 76. We have merger monday as joe mentioned. Look at what is happening here. Chevron buying hess in the deal of 53 billion. 171 a share. That is a low premium over the Closi...

Security. We will stick with washington. Jim jordan preparing for round three of the speaker vote today. And the bottom may be in for the second largest economy in the world. Chu China Central bank takes new action to shore up the market there. It is friday, october 20th, 2023. You are watching Worldwide Exchange here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets start the day as we kickoff the hour with the check of the stock futures. Right now, lower across the b...

That comes up against the weak anecdotes we keep hearing about. The beige book did not sound like the robust economy. I dont know what you are hearing from the companies and everything. It is not robust news. The question becomes not so much the strong Third Quarter. The question is in the Fourth Quarter and if the fed wants and needs a slowdown to feel comfortable about inflation. I dont know if we have the problabilities available. The first is the tenyear note which is darn close to 5 . 4. 98...

Highest level since 2006. So were going back an additional year than what we have been looking at recently. 2year is down 5. 18. The 10year note is yielding 4. 8 and the 30year has ticked a little higher at 4. 95. Meantime President Biden landing in israel early this morning and met with israeli Prime Minister Benjamin Netanyahu. Nbcs jay gray joins us this morning from tel aviv. Jay. Reporter hey, there, good morning, guys. Yeah, the president meeting with Benjamin Netanyahu as you talked about...

Season. Can the results wipe out all the negatives that seem to be hanging over the markets. The answer today seems to be yes. Lululemon shares jumping on news that the stock would be added to the s p 500 taking the place of activision blizzard. A lot of action in bitcoin. Around 28,000 right now. 4. 5 pop. Hopes are rising not just for the approval of one but perhaps for several spot bitcoin etfs. And lets get right to this big market gain and what is driving the marketsby zansan bi. And what i...

Booed Jerry Seinfeld the answer is yes they will want to contrast trump rallies 80 100000 people at the jersey shore beau biden addresses superrich donors on the west coast, the media missed the historic significance of a mass rally in a blue state, trump says hes going to win new jersey which hasnt voted for republican candidate in a president ial reaction in dec decades. Lets get to the markets, we are seeing a little green for st stocks, the dow up 80, the nasdaq up 64, good start to the week...

We saw weaker thereasury yields last week. The 10year treasury at 4. 7 . The 2year treasury at 5. 07. Meantime, israel and hamas denying reports of a ceasefire to allow Foreign National palestinians to cross the border to egypt from gaza. Today, the temporary border was an supposed to allow temporary aid to enter. It is unclear if the border will open. Last night, President Biden spoke on 60 minutes and warned of the mistake they would make of occupying gaza. We are going to do everything within...

Expectations rose to the highest level since may. Larry fink of black rock on the network an hour or so ago. Inflation higher for longer, long rates will be above 5 . That does not sound like goldilocks to me. What a difference a week makes, dont you think . I dont know, maybe a day. I was calling you jimmy goldilocks yesterday. Maybe not today. There were cracks with that cpi report. Needed it to come in softer than expected. It didnt. Here is what were looking at. Inflation is indeed stickier ...

Inflation numbers are up. Sharper than expected. You are looking at yields at tenyear at 2. 6 . We have news breaking overnight. Uk watchdog giving the green light to the microsoft 69 billion takeover bid of activisionblizzard. It removes the hurdle for the deal to close. The regulators said this deal would stop microsoft from locking up competition in cloud gaming and preserve customers. In a post on x, brad smith said we are grateful for the review and decision today. We crossed the final regu...

Lunch, everybody. Coming up, a tumultuous week for the world and for the markets, looking like it is going to end with stocks sliding throughout the day. Down more than 1 for the n nasdaq. The dow relatively holding better. All issues, weve got it all covered for you, all the issues investors like you need to know about. That includes bank earnings. Banks mostly strong. Netflix on deck for next week. Well talk to an analyst thats downgraded that stock ahead of results. Slippery patch of late. Le...