Since february 5 and 6 thats right, it has been about a month and a half since february 5 and 6 for the dow and february 13 for the s p 500. Right now, it looks like the yield is at 0. 858 andrew we have a huge lineup of guests today out of washington James Bullard talking about headlines. Tom barrack and former federal chairman ben bernanke. Living through the crisis of 2008 and studying the Great Depression all of that coming up over the next three hours to the news that broke overnight. The white house and the senate announcing a deal. Well get to leaSteve Liesman f more on that and eamon with more. It was in the 1 00 a. M. Hour that it broke overnight. What we have here, joe, is a handshake deal we dont have a vote and we dont have the explicit text what we have is a deal here is how Mitch Mcconnell announced the deal at 1 00 a. M help is on the way. The American People are already rising to this great challenge the senate is about to follow suit well pass this legislation later to
The dow down as much as 123. The s p is up and the treasury at this point, it looks like the yield has been something people are watching again you dont want to see these move up too quickly it has shown some strength wti, yesterday was down 24 . That was the third worst day ever for oil prices. 18year low. This morning, wti is up better than 13 last i looked it was around 23. These moves with the dow, s p and massive moves yesterday in the market, all of us were a little relieved when the 4 00 p. M. Bell range. I was happier like you. I dont even know what you are thinking at 2,300. When it comes back 1,000 mike spointed out at one poit the dow was down 2,300 points. Im reaching for straws in the ocean but walmart. New highs. Close to alltime highs. I know why i know all of that if walmart lives, i think im going to live. I hang my head on amazon hiring another 10,000 people you saw amazon hiring like 10,000 people. People are still shopping. Becky, i saw we wrote an article. Higher y
Closely. The treasury yields are probably the more important story were watching this morning. Lets take a look at that. Youll see the tenyear is yielding 1. 067 . Mike santoli point the twoyear at 0. 73 right now. Its been cut in half since valentines day. I think a lot of the push and pull of futures from when they opened last evening, are we going to get a surprise rate cut . Weve had Central Banks around the world comment on that. Its been stunning considering bond yields were already very, very compressed coming into this weekend and now weve just stretched the new lows. At one point 0. 69 , that still stuns me for the tenyear. Weve been continuing to watch these numbers drop rapidly this is the story people will watch closely. We should point out, stocks in shanghai surged overnight on speculation that authorities will stimulate the economy soon. As mike mentioned, theres talk of potential coordinated central bank move. Thats something our guest host talked about on friday, an op
Fed funds rate the chairman talking about the action and admitting that the cut may not be a cure yall, so to speak we do recognize the rate cut will not reduce the rate of infection or fix a broken supply chain. We do believe our actions will boost our economy. Avoiding a tightening of the conditions that will help boost household and business confidence. Then stocks whip sawed with stocks ending down yesterday, the yield dropping below 1 for the First Time Ever take a look where we stand now at. 94 as we speak quite a bit lower quite a day. You want to get ahead of these things but can you we were up 1,300. I know. Im not listening actually i do want to know your predictions. He would shave to do it at some point i think there is no winner here exactly if they didnt cut, you are skpengting why didnt they cut and the markets go down . What do they know nobody else knows. At this point, it is pure insurance trying to loosen liquidity. You look at people looking at mortgages. I locked i
Of his party, and democrat Sean Patrick Maloney. Then, former new york city mayor and billionaire businessman Michael Bloomberg weighs a late entry into the democratic race for president. Hes not going to do well but i think hes going to hurt by it naturally. Little michael will fail. Chris we will ask our sunday panel how bloombergs possible move could reshape the democratic campaign. And our power player of the week, the iconic horsedrawn caisson performing a solemn duty honoring our nations veterans. All right now on Fox News Sunday. Chris and hello again from fox news in washington. The House Democratic effort to impeach President Trump moves into a key new phase this week, public hearings, in which career Government Officials will testify on camera about how President Trump pressured ukraine to investigate his political rivals. The big question will this change the dynamic of the inquiry that so far has remained strictly partisans . In a moment we will speak with two members of th