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Nasdaq the dow also closing at a record high it looks like well open sharply lower. The dow losing 124 points right now, the s p down 13 nasdaq down about 44 what was weighing on the markets yesterday and probably today, the yield on the tenyear note 2. 584 right now thats the highest since march 15th a big move in the tenyear treasury yield thats challenging the equity rally today. The yen continuing its strength after the boj said it would continue its bond strengthening services the hang seng up by 0. 20 . Over in europe, right now at hope the dax down by 0. cac down by 0. 6 looking at the price of crude oil, highest level since 2014. Wti, 63. 43 breaking news this morning. Lets get to becky quick live in omaha. Good morning good morning. Theres breaking news from Berkshire Hathaway the company out with a statement saying that its going to be increasing its board of directors by two members to include two key members of its ....
For a generation 25 years, you would have a 19,000 gdp per person in the United States. Its not bad. But how do you explain a tenyear that hit 2. 1 yesterday . How do i explain what hitting . The tenyear note hitting a yield of 2. 1 yesterday . Well, if i had known that was coming, i would have done a lot of things that were intelligent five years ago no, its sort of unbelievable that rates have stayed down. I mean, its not what anybody expected, at least i didnt expect that. The other people on berkshire didnt expect that and its you know, i can remember when i was a solomon in 1991 and they thought the surest trade around was the short the japanese tenyear bond because you couldnt have rates that low and 26 years later, those people are still licking their wounds they used to call that the widow maker, that trade. Well, warren, let me ask you about north korea, because i know this is an area youve had a lot of concerns about. Pre ....
Start. Not going to get ahead of the dinner tonight, but it shows a great indicator that we have a big agenda and a very ambitious agenda legislatively this fall. Maria tax reform not the only thing on the president s play. The commanderinchief will survey the devastation left by hurricane her mother. Latest on the Recovery Efforts this morning. Features indicate a lower opening for broader averages today after another record set yesterday. Dow jones industrial polling 12 points, non sequitur by 11. Look at the European Industries for the ft 100 is down half of 1 in london. In asia overnight, markets close this way amid the nikkei average in japan up one half of 1 . Shanghai also hired petition higher cost below are appeared from the 1000 2027488001 awash with cellular service, weve got all the factors from apples big event yesterday. Theres the stock all that down two ....
Higher multiple was because of cross selling. Made that point many times, quite some time, a higher multiple than the peer group as a result of the benefits of being able to sell in a sense across the product categories across the banks many different divisions. And she showed all the evidence in the form of earnings transcripts, which jim likes, as well meantime, at the same time, weve been hearing from the former ceo of equifax. Our aditi roy has been listening in to that one and has some of the recent developments ch what have we heard we have been sitting in on this hearing its still under way right now with former equifax ceo Richard Smith getting grilled by 23 lawmakers on this house subcommittee heres what weve learned so far. When smith was questioned about why it took the company 40 days to notify the public about the breach, he said initially they didnt understand the scope of the breach, initially it was termed as suspic ....
And also a cnbc contributor. And a writer for your favorite newspaper, the new york times. There are some things from the federal reseventh. Reserve a lot of openings i l a lot of openings. And in three weeks, the president will make a decision on whether janet yellen stays or thats right. Usually the new president gives the old fed chief a a carry over. Hes a real estate guy. She has done well on starting the exit and she has done well in terms of her relationship with the president other people are eager, theyre being promoted from different circles, including up here in new york you look like the head of the he looks like he could be a ceo. Yeah. Thank mean, if thats all it took, you would be shoein same color hair as janet yellen 2529 on the s p did you see that yeah. Equity futures indicated higher this morning. Take a quick look at that. Overnight in asia, we did see positive news. There is this country up 2 on the s p. Dow jones indicated 4. Big gain yesterday for the dow jones. ....