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Dom . It looks like well try that recovery trade from yesterdays late day selloff here. Stocks are broadly higher and to a decent degree. 250point gain for the dow about 1 upside. The s p 500 still very much above that 3,400 area. Thats an area that a lot of traders are looking at as a pattern of support there possibly for the markets up 1 , and the nasdaq, believe it or not, is underperforming, only up threequarters of 1 as well so the nasdaq a key focus there. If you take a look at some of the things that traders are watching from a more macro perspective. Interest rates, especially longer term ones are a very key focus here we dont show the 30year long bond very often. We focus on the tenyear more but that move to the upside has taken that 30year long bond beeld 1. 592 above its longer term trend line or the 200day average yield for that particular Interest Rate 1. 52 is the level to watch there. That could have reverberations o ....
Brent also lowered to about 2. 3 . With treasuries. Havens like the dollar, the yen. We saw where the nerves are with dollar renminbi. Seeing the hikes inching closer for dollaritory china right now. 6. 4 ,ing a contraction of so we could be seeing a deeper contraction. Financialrom the secretary paul chan saying we could be facing the worst contraction on record. The rupiah seeing some strength here. The carry trade has been coming back. 14,000, 935 around 14,935. The trump ministration is stepping up its attack on china, saying that there is enormous evidence that the coronaVirus Outbreak emerged from a lab in wuhan and china covered it up. Secretary of state mike pao stopped short mike pompeo stopped short of saying the virus was manmade. While the Intelligence Committee continues to do its work, they should continue to verify so that we are certain. I can tell you ....
Into the north bay, and here is Contra Costa County, right in the middle, and its moving nicely to the middle of the screen, which is the bay bridge. One issue, low clouds hovering around so you may find a patch or two of fog, just like right here coming off the 880 overcrossing and we opened one more cash lane but theyre not all open just yet. Back to you. Thank you, mike. 5 01 right now. It is a crucial week in the impeachment inquiry of President Trump and goes public in two days. Things are eheating up on capitol hill. Lawmakers are making final decisions who will testify after republicans submitted their wish list. Today in the bays tracie potts is live in washington watching who makes the cut. Tracie . Hi there, marcus and laura. Good morning. Good morning, everyone. These hearings start on wednesday, and democrats have already picked the people they want to testi ....
86point gain. S p and nasdaq also looking to be higher at the open. In other news, lebron james is trying to do damage control after criticizing the Houston Rockets general manager darryl morey for his comments on the hong kong protests. Wait until you hear what lebron is saying now. The democrat president ial candidates are in ohio for their big debate tonight. You can bet they are going to rip President Trump and promote their far left policies so how will that play in ohio, of all places . We are on that all morning long. And we have a lot to go at this morning, including Mark Zuckerberg meeting with some big name conservatives, walmart delivering groceries right to your fridge. That and so much more. Varney company starts right now. Charles hey, go happy birthday to you ashley go, baby, go. Charles stevie wonder, ....
Us. I am maria bartiromo, thursday march 21. Your top stories, 6 00 a. M. On the east coast markets extending the gains after the Federal Reserve left ray unchanged. Markets higher across the board after jay powell said to expect three rate cuts this year and three more over the next two years all three major nbc closed in record territory since the First Time Since november 2021, what a performance with the dow industrial 401 and the nasdaq 202 at the close yesterday. Everything investors are watching. Initial jobless claims in the Philadelphia Fed and ducks at 8 30 a. M. Eastern. European markets are mixed, the eurozone factually higher. The bank of england making this decision we will have that news. In asia overnight markets finished higher with the exception of the shanghai composite, the cosby in korea to win ....