Annabelle im Annabelle Droulers in hong kong. We are counting down to the asian major market open. Shery im shery ahn. Big tech leads u. S. Stock declines while bond yields rise on the fedss hawkish hold. Policymakers seeing another hike this year. And higher rates through 2025. It is a primary objective and i did not say otherwise. It is what we have been trying to achieve for all this time. A new offer to striking autoworkers even as gm cause the. Alan joyce had to lose some departure payout fixing an acute loss of trust among customers. But how u. S. Futures are coming online in the Asian Session after u. S. Stocks and bonds fill in the new york session. We saw a lot of fluctuation. We had the fed Rate Decision today as expected. A hold. We are now expecting another rate hike this year not to mention higher rates throughout 2025. We saw treasury yields rising across the board. The two year yield at the highest level since 2006. The 10 year yield at the highest level since 2007. They
Decline in the open and s p in 18 best start in 30 years. Buffett on the market, succession planning at berkshire, stocks not richly valued and remains a buyer but not of bitcoin. Tech under fire a powerful gop senator demanding answers from apple good battery gate the s p is off to the best start since 87 and buffett says markets are not richly valued according to rates and what he told becky a few moments ago. What has happened in the market has been very sensible. Nobody thought we would have these kind of Interest Rates for a long time. Additionally you have the tax act which is a huge factor in valuation. Says the Interest Rates are the gravity to value and munger chiming in saying share prices are not crazy. Point blank tell you, this was becky quick, congratulations, unbelievable interview. You sit there and what you get are people who know more than anyone else alive and they are saying, look, theres some interesting things and lets not go crazy, just because Interest Rates go
Thousands of people in florida including survivors of wednesdays Mass School Shooting take to the street to demand tighter tighter gun controls. If all our government and president can do is send thoughts and prayers, then it is time for victims to be the change that we need to see. After a Super Saturday for team gb at the Winter Olympics, well hear from all three medallists live on breakfast. Yes, it is the morning after the night if you are here in pyeongchang, red britain havejust missed out on another medal, james woods being edged into force in the ski slopestyle. More vu in 30 minutes. More for you in 30 minutes. And Sarah Keith Lucas has the weather. A mild and mainly cloudy day, the best of the sunshine towards the east, the rain in the west. If all forecast in around 15 minutes. Speak to you in a bit good morning. First, our main story. The husband of murdered mpjo cox has resigned from two charities he set up in her memory after allegations of Sexual Harassment were publishe
The change that we need to see. After a Super Saturday for team gb at the Winter Olympics, well hear from skeleton stars Lizzy Yarnold and laura deas live here on breakfast. And theres been another near miss from tgv today as james woods just missed out on another medal in the skiing slopestyle. Ill have all the details and will be speaking to laura and lizzy in pyeongchang. Good morning. Its a mild and cloudy day out there today. There will be a bit of rain in the west. A full forecast in about 15 minutes. Good morning. First, our main story. The husband of murdered mpjo cox has resigned from two charities he set up in her memory after allegations of Sexual Harassment were made public. Mr cox denies assaulting a woman at Harvard University in 2015 but admits to inappropriate behaviour while working for save the children. The murder ofjo cox in 2016 shocked the nation. The labour mp, who was also a mother of two small children, was murdered by a far right extremist during the Eu Refere
Carl quintanilla with jim cramer a solid open as we watch more good Bank Earnings and consumer inflation that is a touch cool 10year core cpi runs 1. 7 year on year. Wells fargo with earnings, does it point to a strong season of corporate results . Tech policy head winds, the fang stocks are set to open higher. Amazon and alphabet above the 1,000 mark and 21st century fox down in the premarket following the drag from comcast and direct v owner at t bank of america better than expected as improved lending activity and higher rates offset weaker trading revenue and wells beats on the bottom line but revenues miss and that stock is lower as we watch efficiency ratios. Wfc, wells does a pretty good job of not talking about the issues that beset wells fargo. I will say in their defense, there was not a decline in average deposits, up 4 . People are not fleeing wells fargo. Bank of america has become the bank that i always thought it would be, the consistent bank where you can put a price to