Morning, bloomberg surveillance on bloomberg tv and radio. Your equity markets are highly unchanged. We start in the bond market, twoyear, fiveyear, 10 year, 30 year. Cycle highs. Tom global wall street is focused and quickly nonglobal wall street will get focused. There has been a shift. It could be because of israel or this, that, or the other thing. Statistically we reached a tipping point. Jonathan is this a substitute for further reaction from the Federal Reserve . Lisa you will be speaking today at noon. Yesterday tom barkan said that the problem with allowing the long and to do the work for you is that it moves. Although right now it seems to be moving in a more restrictive place. Im curious. The fact that we had risk off yesterday and at the same time we saw bond yields reach the highest levels going back 16 or 17 years across the curve, what does that tell you about the new haven status about the treasury market . That is going to be an underlying angst. Jonathan the communica
And good morning, welcome to Worldwide Exchange here on cnbc im domenic chu. And im Contessa Brewer sara and wilfred are off this morning. Great way to get started when youre seeing positive signs in the markets. Lets get straight to the markets as contessa mentioned were seeing green across the board on the futures side. With the dow trading the way they are, were looking at possibly a 300 point open for the dow on the upside at least if things stay the way they are right now. S p up by 32 points nasdaq indicating an open around 75, 76 points as well a lot has been driven off Interest Rates those worries with whats happening with u. S. Government bonds. So, lets take a look at those yields for right now, were seeing a move higher slightly in the tenyear treasury note yield. 2. 88 . Almost 2. 9 , the last trade there. That reassumption, contessa, on the upside for this mornings trade. Well see if that has any kind of effect on whether or not people have that risk tolerance if it stops.
30 minutes into the trading day in the u. S. Lets go to the markets where julie hyman has the latest. Julie manufacturing in the u. S. Expanding at the past historys in more than a year, coming in month, and that is above even the most optimistic projections. To 51. Rage was closer 51. 3 to be exact. 53. 2 was the manufacturing number. Construction spending, however, falling month over month in may. Still, the manufacturing number coming on the heels of a stronger than estimated number out of the eurozone as well. Stocks, even though not big gains, rising to the highs of the session. The nasdaq leading the gains, up asut half of 1 this morning investors assess the ball up from the u. K. Vote. Take a look at the groups on the move this morning, Consumer Discretionary doing the best today. Telecom and financials pulling back a bit. Industrials, material, health care, and energy participating in the gains. Were also getting june u. S. Auto sales. It is a bit of a mixed bag. On trading hig
Beautiful soul, very sharp and handsome and smart guy, whether he could represent our vision, that aint easy. All of that investment, this is what we invested in and yet you are restraining them, you are constraining them, im sorry. You are impoaning stress upon them and literally basically implied threat against them and sending hate mails because they are having threat against people. No one can ever be put above the entire trajectory of our movement or tradition that nurtures and sustain us. So for me, right [applause] so as much as i and we love obama, we have to hold him accountable, you love kids, you dont say nothing to them, i cant be critical, that aint the negroes i know. Thats my husband, i cant be critical. When it comes to obama, you know what, given the rather sharp, stunning, astonishing analogy that professor mohamed has put forth black people think that tough love is the only love available for black americans, we confuse love with abuse. When bill cosby was doing his
The money and how much they will get . Pro tests could be more confrontational and violent then the demonstrations following t the august shooting. There are outlines of how they will respond after the grand jury announcement. The thrust of the message wases that the first responsibility of the authorities is to secure the safety of all citizens, including protesters who may come out on th the streets of ferguson after the announcement made after the grand jury. Theyre coordinating efforts of fire and ems services and the National Guard who is part of the plan in ferguson and continues to be part of the contingency plan. These measures are not taken because were convinced that the violence will occur but because we have responsibility to prepare for any contingencies. The public demands and i demand that. This coordinated effort will be guided from our core prints. Keeping the public safe while allowing people to speak. Over the last few months local Law Enforcement have been leading a