10 year. That seems to happen so frequently yet. 1. 9 is the yield youll get for loaning your u. S. Government the money for 10 years. Lets start with the road map and it starts with earnings. Mcdonalds, all out with stocks. Is a google Wireless Phone Service Launching today . A new report on the move that could maybe shake up the industry. How about the turn around . They plan for yahoo japan in the spotlight. The core business were going to talk more about it. Youre not paying much for it. Maybe theres a reason. Lets start with mcdonds as sales continue to slump, the fast food chain expects sales to come in negative for april. Mcdonds release initial details of its turn around plan next month. In the meantime, chipoltes being up 10. 4 were a bit below what the analyst were expecting. Yum brands were down 12 in a very important market for it yes, you can say it with me china. You want to start with mcdonalds . Yeah. Were missing it. The revenues were made. I was shocked. This was not
1 00 p. M. , the bond market i believe at 2 00 p. M. We are poised at what would seem a higher open. Were not going to get a lot of hours of trading in. As in for the 10year note yield, lets take a look and see where we are. There it is. 27. 66. And well go to the map in europe where i can never figure out the geography. You know the boot is italy. I know the boot is italy and i can pick up russia. Our road map here back in the United States starts with what else, retail. Millions of shoppers, yes, millions hitting the stores for black friday. Well go live to say how sales are going. Brian . The markets are open today for an abbreviated trading session and we are poised to open at record highs again, which will be about the 40th time this year. I guess you guys could say that here on squawk on the street. The nasdaq finishing wednesdays session at a 13year high, kayla. And thin trading today on a shortened trading day. And also bitcoin keeps on surging, topping 1,200 earlier today, doe
Do you think harry reid has promised a vote on Unemployment Insurance harry reid has promised a vote on Unemployment Insurance. Does that become part of the debt ceiling debate and should it . That ist should, but not what republicans have in mind as a ransom. Democrats are really adamant about it. Many feel they gave up the best opportunity. Remember, when unemployment has remained this high at seven percent when we have had this extent of longterm unemployment, we have always had extensionsion an of the federal program. See congressd to not act on this. Getink we conceivably could the support to override a filibuster in the senate. It ifn boehner could pass you brought it to the floor, but it will be very tough getting him to do so. Guest there is a larger element to this. The budget deal used all of the socalled low hanging fruit of raising revenues without calling them taxes. There is only one thing left, and it has been used all couple times. We always fall back on it, revenue fro
The situation . Welcome, i am neil cavuto. Barack obama and rob ford could not look more different. The toronto mayor is not smooth and thin like barack obama, but they have serious crises on their hands. I hate to break it to the white house. The mayor seems to be acting more quickly, getting ahead and here is why. He says that he is now getting professional help for his drinking problem and the president just punted on his Health Care Problem in the mayor realizes that he has to look like hes doing something now and the president has dropped this insurance mess for a year now. The mayor still they tossed out, but hes not going without a fight. The president can be tossed out, but hes not showing much fight because the mayor is giving it all he has got. The president is hoping the time will save the day. In the mayor is on the brink because he is just a mess. His signature achievement is a mess. The mayor admitted it, the president has not. Before you laugh off this guy, do remember t
Nikkei. Overnight in asia not good. 2 drop wrapping up what is the worst week in three years. Of course concern about china in terms of exports or lack thereof. A look at europe where we also are going to see a good amount of weakness. The follow through as you might expect from here yesterday, a day in which we saw the s p down almost 2 and the nasdaq nasdaq down 3 . Lot more than that. Yeah. Lets get to our road map this morning as you might imagine. Does start with that meltdown if you want to call it that in the markets. Stocks slide around the world. You just saw. Is this the start of a correction . The tip of the spear, jpmorgan profits disappointing. Jamie dimon confident in the american recovery. How will the banks weak results drag on the market and other financials. The flip side wells fargo profits up 14 and those shares are rising. Another bad month for sales at gap. Gap discloses a 6 drop in march samestore sales after a disappointing february. Gross margins taking a hit.