Page 20 - Analyst Call News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Down 70 points. The nasdaq was the standout yesterday adding 1. 6 to close at the alltime high. Apple was up 4 on reports that it could be overhauling the mac line. We have more coming up in a bit. To the treasury market, lets look at what is happening with yields. This is a wild week for yields. The tenyear yield is lower. Still well above 4. 5 . 4. 53 right now. The twoyear note at 4. 92 . Lets also look at crude oil prices. The prices are moving higher on rising tensions in the middle east. In fact, this morning, you see things up by 1 for wti. 86. 05 a barrel. We are waiting for the banks ...

Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial banks need to hold against deposits. That will free up funding to lend to houses and businesses sdpbus...

Jpmorgan, citi, wells fargo, they all reported earnings. All appear to have been fairly strong. Were going to break down the quarters. Plus blackrock now managing nearly 10. 5 trillion in assets. Were joined exclusively by chairman and ceo larry fink. That will be later this hour. Were also watching the semis this morning. Qualcomm, intel, amd and nvidia all moving lower ahead of the open. China reportedly telling its Telecom Carriers to phase out foreign chips. I want to start with the banks and the downturn in the market as well. Earnings season kicks off with the likes of jpmorgan and wells...

Gold prices is up 1. 3 . It is currently 2,382. If you are watching bitcoin, it is pulling back a bit. Yesterday, bitcoin was above 72,000. It is 70,452 right now. Oil prices have been picking up steam as well. In the nmeantime, we talk about a. I. Every 20 minutes on this show . More frequently. It could be a drinking game. We will continue the game in a different way. Elon musk speaking out on x saying his guess is we will have a. I. That is smarter than any one human, probably, by the end of next year. He said within the next five years, the capabilities of a. I. Will exceed that of all hum...

Has us asking the question is tech now firmly out of favor, or is this just a rest and people will come screaming back in. So firmly would probably be a bridge too far but out of favor today, sure, and by the way, this looks like a repeat of an episode that we saw on wednesday of last week, so you look at, like, for example, s p value index, which just breaks out the value stocks within the s p, up 1. 2 and s p growth up 0. 4 or flat. This is more than a oneday thing, right the banks listen. This is tech down 3. 5 in a week. Amazon in a 6 drawdown which slashes its yeartodate gain to a pitiful...