Signing. Breaking even on bare sterns all of that as Worldwide Exchange begins right now good morning and happy boxing day welcome to the show. After having the Christmas Holiday off, stock futures are indicating the dow may open a little bit more. Still 31 points on the upside to the dow. S p up by about four points. We want to turn attentions briefly to technology. The nasdaq composite has done something for the First Time Since the. Com bubble era locking in the ninth consecutive close the first time it has happened since its ending days. The bond markets showing some signs of movement. The tenyear note yield ticking slightly lower the twoyear yield 1. 67 we are still trading those bonds. Lets go to worldwide movements. Take a look at whats happening overall. Up about 1 . The hang seng in hong kong is closed today the nikkei is up one half of 1 . Markets in australia are closed in observance of boxing day. Lets look at some other top stories today. New this morning, china says it is
On Interest Rates. That was the take away from the central olbanks twodayy meeting where Interest Rates re left unchanged. Todays decision or perhaps better said nondecision follows three rate cuts this year, which was an abouface from from thet four inter rate hikes in 2018. Steve liesman reports from the Federal Reserve in washington. The Federal Reserve ended a momentous year forli monetary by launching what it one where the policy rate is likely on hold for what could be many months. The move to neutral folws three successive rate cuts in hike rates in 2019. Of plans to the fed called the current stance of policy quote appropriate. The feds overnight lending rate stands at a range of 1. 5 to 1. 75 . The fed chairman suggested that could be the case for a while to come. We believe the current stance of Monetary Policy supports sustained owth, a strong labor market and inflation near t symmetric 2 objective. As long as incoming information about economy remains broadly consistent wit
Billion in Box Office Sales this year and one of the most anticipated movies doesnt hit theaters until next week Worldwide Exchange begins right now. Good morning and welcome im Courtney Reagan in for Brian Sullivan you know its me because you have Country Music playing its my favorite here is how your money and Global Markets are looking this monday morning stock futures indicating the dow will open just slightly lower at this point and this, of course, you can see the Dow Jones Industrial is down by just 31 right now, the indication but this is as the dow comes off the best day since october 4th, surging more than 330 points after that breakout jobs number on friday morning. And hitting those 50year lows for unemployment lets get a quick check on whats going on in fixed income and look at the bond market this morning. The yield on the tenyear is 1. 822 and the twoyear note 1. 611. Lets check what happened around the world perhaps while you were sleeping here in the United States, the
Back on to campus. Reporter the head of the Task Force Says the spike might be due to social issues on the streets or gang members just released from Juvenile Hall who revert back to their old ways. In these cases, the experts could be worse. But its two on twos, threes on threes. But the potential for mob mentality to break loose and loyalties and friendships and alignments to break loose. Reporter parents are also worried. Im really worried about whats going on in the high schools especially what i saw on the video. Were going to provide all the resources to try to calm things down. Reporter and Law Enforcement sources tell me this problem is not exclusive to the east Side Union High schois across the south bay. Were in san jose, damian trujillo, nbc bay area news. Another School Shooting. A student opened fire at a school in Southern California and when it was over, two students were dead and three other injured. It happened at Saugus High School. The suspected gunman, a student. He
And the temperatures are rising a major heat wave set to hit the majority of the United States over the next few days here we are. Were keeping you calm, cool, collected and informed its friday, july 19th Worldwide Exchange begins right now. Good morning welcome. Im Contessa Brewer in for Brian Sullivan stock futures right now are in the green. Implying an open of up 92 points the s p 500 is up about 6 points the nasdaq futures are up 41 it looks like the nasdaq, the dow, the s p, all on pace to break twoweek win streaks a decent day today could change those fortunes the major averages are less than a percent below theyre alltime record highs the bond market now, lets look at u. S. Treasuries, the twoyear yield at 1. 7 the fiveyear up at 1. 7. The tenyear up above 2 now lets go worldwide in asia, looking at overseas markets. The nikkei is up more than 2 . This is on talk about the fed rate cut and what anticipation lies in store. The hang seng up a percent shanghai up a percent as well