Its on spotify right now. We aim to please. It seems like we have done this morning. Lets get into the market picture. A very rosie market picture this morning. Futures were as much as 200 points higher moments ago just shy at the moment on the dow 192. 4 to be precise. The s p higher by 14 the nasdaq up 22 markets did pull back on friday albeit only slightly closing down. 2 and the s p a little bit more that for the nasdaq for a week performance was fairly divergent. The dow was up 3 . Dow up 1. 5 the tax reform bill well discuss that passed the market late friday night. Ten year treasury note has responded as well in a risk on fashion somewhat weve seen the yield move up a little bit, 2. 39 closing on friday at 2. 36 over the weekend ticked up a bit. Crossed 2. 4 but is just below that level. More on the markets, but first to our top corporate story, cvs is buying aetna for 69 billion. Our Bertha Coombs is joining us on the cnbc news line with all of the news. Good morning, bertha. R
For a generation 25 years, you would have a 19,000 gdp per person in the United States. Its not bad. But how do you explain a tenyear that hit 2. 1 yesterday . How do i explain what hitting . The tenyear note hitting a yield of 2. 1 yesterday . Well, if i had known that was coming, i would have done a lot of things that were intelligent five years ago no, its sort of unbelievable that rates have stayed down. I mean, its not what anybody expected, at least i didnt expect that. The other people on berkshire didnt expect that and its you know, i can remember when i was a solomon in 1991 and they thought the surest trade around was the short the japanese tenyear bond because you couldnt have rates that low and 26 years later, those people are still licking their wounds they used to call that the widow maker, that trade. Well, warren, let me ask you about north korea, because i know this is an area youve had a lot of concerns about. President trump tweeted this morning and he said, the u. S
Meddling well discuss the potential impact for facebook and for the other big tech names. Speaking of big tech names intel Ceo Brian Krzanich will be here for an exculusive interview about the companys new Autonomous Vehicle partnership with alphabets waymo unit that will be coming up a while from now. That will be very interesting. Plus, find out whether a nearly 8 billion Missile Defense deal could signal more deal making on the horizon for the Defense Industry which is enjoying alltime highs in this market today. Lets start, though, with facebook feeling more pressure from washington over those russian ad buys ahead of the election Julia Boorstin has the very latest julia . Reporter hey, kelly. Facebooks under fire for recent revelations that russians bought ads on the social network to influence the president ial election House Intelligence Committee Ranking Member adam schiff is calling on the company to testify before congress saying im distressed it has taken us this long to be
Unexpected rant about gridlock in washington. Boy, was he well hear what he said. Well let you listen to it. And wells fargo shares are under pressure after the banks disappointing revenue numbers. The companys cfo will join us. And after the bell, paypals chief executive officer will join us in a cnbc exclusive. That stock hitting an alltime high earlier in the wake of its new apple partnership. Well get more details in the next hour. Lets start though with this news that broke in the last hour regarding sprint dow jones reporting that the Telecom Giants chairman engaged with Warren Buffett and cable mogul john malone about a cable investment those talks reportedly happened in sun valley, idaho, at the ellen and Conference Company conference where Julia Boorstin has been packing up and getting ready to go and hang around, julia. There may be more news breaking here so we all know that they were there but you havent been able to confirm whether the conversations we were talking about t