Page 7 - Raphael Bostic News Today

With yields hovering at 16year highs, technology is under pressure. Well tell you what the Options Market is saying about the big names, including microsoft, amazon and alphabet reporting next week. First, though, dom chu, welcome back. How is it looking . Pretty red right now, although off of the worst levels of the day. But technology is leading the way lower here. The nasdaq is off about 105 points, three quarters of 1 . The dow industrials, the outperformer, only down about one quarter of 1 ...

Current Monetary Policy is too tight. A few months of good data is only the beginning of what it will take to build confidence that we are moving to our goal. U. S. President biden calls on congress to pass a fresh Security Package for ukraine and israel worth 100 billion. Saying america holds the world together. Put all that at risk if we walk away from ukraine and turn our backs on israel. Its just not worth it. Uk retail sales slide in september after they struggle with the Consumer Confidenc...

Coming up, inflation shows signs of cooling. The latest data being promising. Jay powell on hold saying the fed is awaiting more evidence before cutting. Investors move on keeping bets for at least one rate cut this year. Can the fed achieve nirvana . U. S. Economy is chugging along pretty well. We have had good health for quite a while. There are thousand things that can go wrong but right now everything is in pretty good shape. It is necessary to make sure we in a fiscally sustainable path. Th...

This hour. These are modest declines. Dow down 71 points. S p futures off 11. Nasdaq down by 44. At this point, the dow is on track for its fourth negative week in the last five and that is because of the treasury yields. They have been pushing higher and higher. The tenyear yield is 4. 95 . In fact, it did cross that 5 line that we were watching. Hovering at 5 . Yesterday, just after 5 00 p. M. , the tenyear yield hit the 5 level briefly. The last time we hit that level was july of 2007. Yester...

Mathisen. We got this close early today, fed chair powells seen as dovish and then hawkish sending yield on a wild ride. Tesla tumbles following results from elon musk and several analysts cutting their price targets an one of the biggest bears on the street. We will. Tyler, lets get a check on the markets. Dow fluctuating all over the place, down 38. Down across the board on the major averages only by a bit. A quarter point for the s p, 4305. Rick santelli saying because the twoyear yield has b...

Advertising deal with openai, and as dom said, gameshop shares tumble. Take two cuts its forecast in what it calls challenging times. Lets begin with markets a day after the dow hit 40k for the First Time Ever on pace for its fifth week of gains. What did you make of all the fuss yesterday . I thought this was one of the broader attempts at a major milestone. And what led it was just incredible. I mean, youre dealing with a level of broad that what let me tell you, the most important thing was r...

Strength of the labor market. He repeats his comment a return to 2 inflation is going to require below trend growth and softening in the labor market. But before you think its all hawkish, it is not. He goes on to cite risks of doing too little or too much with policy. He notes the stance of policy is restrictive and has helped to bring down inflation and to reduce growth. He says because the fed hiked rates so quickly there may be meaningful tightening in the pipeline. Financial conditions, he ...

For our audience worldwide, this is bloomberg surveillance. Alongside tom keene and Lisa Abramowicz, im jonathan ferro. The s p is positive by 0. 2 . It felt like we were on the brink of a full Ground Invasion all we can. Tom im using the Live Services of all the different news sites and it just migrates forward, waiting. Waiting for what . You could see the politicians. I think the most interesting, jacking near to keep their options open. Jonathan we intended to follow this war through the wee...

Tel aviv. Despite the massive runup in yields, why one huge part of the investment is sitting ontown sidelines. Well tell you why that could be changing. Its wednesday, october 11th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning. Im frank holland. Lets take a look at stock futures. It looks like the dow would open up about 50 points higher. The s p and nasdaq solidly in the green. This follows a mostly higher session for stocksy ed that saw the russell 2000 post it...

4. 6385 right now. The bloomberg dollar index coming off at 1,256. 57. The dollar has gained a lot of strength. You see that coming through in the pepsi Earnings Release where they give you everything in Constant Currency because the dollar has been a headwind. Nymex crude coming down another . 17. We had a big jump yesterday after the hamas invasions in israel. But not nearly to the levels we saw last week. At one point, wti traded over 95 a barrel and is now at 86. 21. Jon in canada, we are wa...