Since april and the first time in 47 sessions where it broke the streak of days where the s p hadnt dropped by 1 first time we have seen a loss like this in a while nasdaq was down 2. 2 that was the worst day since february if you look at treasury yeields, we saw action. The 10year treasury pushing higher the 10year is 4. 41 2year at 4. 19 . Andrew, we talked about the market blowing off the downgrade from fitch in the morning. Yields under pressure which is the opposite through the course of the day, yields did pick up a bit i know you have comments from Warren Buffett in a moment i dont know if this is a number of earnings which were better than expected, but some were weaker you have the report. That brought the expectation to bring more pressure on the fed to raise rates that, to me, is a much better rationale than the fitch report. As you know, my view is not that it is silly. It is important to say aloud the world is a relative place. If you downgrade the United States, you have
Also peace accord is over he lays the blame squarely on israel and donald trump. Plus the bonus league over turns from its winter break rock bottom cologne face to crucial brian darby against atlanta well see who earned the bragging rights. Thanks for joining us im mary and i havent seen we begin in iraq where at least thirty eight people have been killed and more than one hundred others wounded in twin bombings in central baghdad Officials Say two suicide bombers detonated back to back explosions during rush hour in the cities where all the area has been targeted by similar blasts since two thousand and three theres been no claim of responsibility so far but this latest attack is similar to. That is bombings by the socalled Islamic State. For the latest on the story lets cross over now to Susannah George shes the if in the neighborhood where the attack occurred one of the people we spoke to at the scene of the attack said that he wasnt surprised that the attack occurred and it just sh
A sense is like the unions of the. U. K. Visited a few kong come back home. My name is joseph wood and i work at the number. Up in the air the future looks shaky for air buses flex ship a three eighty with a new wimmer its. The double decker jumbo jets days could be numbered the. Caribbean collapses one of the Biggest Construction Companies in the u. K. The government kept awarding it contracts despite profit warning. The gas guzzlers face off against their smaller eco friendly cousins at the detroit motor show. And as beijing boosts investments in cambodia and you destination is born for chinas growing tourist classes. And lets do business the future of the a three eighty is up in the air european aircraft says its on the verge of ditching the super jumbo aircraft that seats five hundred passengers was supposed to revolutionize air travel but its only significant customer dubais emirates is not ordering enough planes to justify production. What was hoped to be the companys biggest suc
Dow closing up 6 points. S p declining 4. 6 . The markets favorites return to glory after a very Difficult Run although i should add that they were substantially higher until a late day sell off knocked them off much higher pedestals. Its been a welcomed fight. The markets taking it right on the chin. Today though they got off the canvas and they came back hitting. Lets take down the names. First theres the come back of the cult stocks, netflix, amazon and tesla. These stocks shouldnt matter in the long run. Theyre not leaders. Theyre solo disruptors of big time establishments that caught the fancy of individual investors like many of the people that watch mad money and that makes it crucial to the markets psyche. There was no news from netflix. It just resumed its climb to the 100 million market it can get to. Nearly twice the current market cap because it represents worldwide entertainment. Amazon is going higher up 3. 75 today because some of the bricks and mortors are down his bli
107. 50 a share for time warner. Look where it is. Quite a bit south. In fact, down on the day largely because the markets seem to be saying this aint gone that go through. Is that the case . Market watcher john tamny, that would have been the question i would have put to both of these gentlemen that you might be confident of this deal, but im telling you, john, early on it does not appear the markets are. Whats happening . Well, how very unfortunate if the deal doesnt come through, but i think the softness in the stock price reflects the view that washington will block what should, a combination that should go through. Implicit in this desire to block at t and time warner is this view that you can predict the future of the media landscape. Well, lets look at the history of that. Block buster and media movie gallery tried to merge long ago, it was said no way, they would be too powerful for the video rental space. Netflix comes out of nowhere and wipes them both out. Do you remember th