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Good monday morning. Welcome to squawk alley. I am carl quintanilla, morgan brennan, a brennan. The first story, more than two dozen attorneys general expected to announce antitrust investigation into alphabet. Ylan mui has more from washington reporter good morning, carl. We expect that formal announcement from the steps of the Supreme Court at 2 00 p. M. It is the largest coordinated effort to take on big tech we have seen so far attorney general of texas, ken paxton, a republican, is leading the charge this will be a bipartisan investigation. We have a statement from massachusetts ag maurahealey she said Online Advertising is everyone this will center on three big questions. Has google engaged in behavior that stifles competition, restricts access, harms customers. Were told the investigation will include demand for google to turn over documents related to the advertisi ....
It is down 20 again. The s p is down 26. The nasdaq is thinking onto a onepoint game. Qualcomm is down 9 after a disappointing Fourth Quarter. There is a slowdown in smartphone demand. Expedia had bookings falling short of high expectations. And we are watching the yield. The 10 year is up 4. 19. It is starting to get back near those october highs, which Rick Santelli warned us about. Lets get back to mr. Santelli. It is the chatter today, rick . The chatter is that there are some issues. Whether it is how much the markets move. Consider this. The fed raised rates a quarter point on the 26th. On the 27th, we had the gdp much smarts stronger. It is virtually unchanged, but it moved about 30 points. The spread has gone from 100 to now under 70. This is huge. Many say, what is going on with the higher rates . Well, the biggest curve trade in history was the twos to tens spread. N ....
Maybe go up at the same time. Plus, is the Real Estate Broker system broken . Lawsuits, backlash, rule changes and both sides of the debate are saying this will really change real estate forever. Well explain the controversy and get answers, kelly, on the impact. Looking forward to that. First, lets get a check on the markets which have been fluctuating all day long. The dow is down 28 points despite the drop in bonds yields. Over 5 to a near 480 right now. The s p is hanging on to a 16point gain, and the nasdaq is driving the way with a. 9 increase. We also have a big deal in oil today. Chevron buying hess for 53 billion in stock. Both stocks are lower. Chevron by 3. 5 . Hess by about. 5 . This follows the big exxon pioneer deal recently. Okta getting crushed again today. Its down 20 in a week after hackers accessed its support system, losing 9 of that today. All right, lets get to that often rocky relationship between stocks ....
Because the subfreezingng temperatures could mean an overnight refreeze, and werere not the only ones digging out o this morning. Morni we have Live Team Coverage of winters revenge. Its a scatter. 24 Million People lose insurance, 14 million in then ie first year, um, price hikesce hk specials follow seniors, follos, dramatic loss in both access ans coverage for women. The gops Health Care Plan pa put to the test. And its score isnt lookingng good. Go now, president trauma systemdeny hitting the road to try and sell it to the american people. And later, a blast from the. Ast. The first trailer for the loveov actually sequel is here. S he. And it might have you feeling a little nostalgic. Lgic good day at 9a starts now. And we say good day d. C. Onn this wintry mix of a tuesday, were so glad youre with usurt today. ....
Mroomz. How long are these floor et cetera going to be in that 24 degree temperature. Hard to say. I was looking at our fox5 warm app and listening to our folks and there will be several hours of 24 degree temperatures and the question becomes, how many hours does it take for the blossoms and these little buds to be severely affected. We dont know at this point and everybody is hoping for the best and Cherry Blossom festival begins today and performances scheduled this afternoon for the welcome stapling. Hopefully we get information later on and i know everyone is hoping for good news when it comes to these beautiful mroomz. That is the latest from here at the tidal basin. Im melanie alnwick. Lets accepted it back to you guys. Thanks, mel, 4 31 you can track weather 24 president ial download the fox news and weather app search d. C. News and weather in the app store both apps are free. Time 4 1 looking at the this mornings big sto ....