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Nvidia down 4 obviously we have the big inflation data coming out tomorrow but, joe, whats driving this we knew that the inflation data was coming out tomorrow, with he knew we have had these economic worries, percolating talks about impending recession coming back up again yesterday whats going on now . The treasury auctions are important this week. After the three year auction at 1 00 p. M. There was opt mirk, markets lifted off of the lows, there was a belief and the demand was relatively strong whats happened this morning is that price has reversed, a lot of that optimism that was represented in an end of day bounce and now you have broken below yesterdays low. A little bit of technical selling pressure i think theres more nervousness in the 1 00 p. M. Tenyear auction is critical today because weve seen the long end of the curve where yields have been backing up, thats where this battle is going on right now with the Asset Manag ....
It is down because net income declines and secondquarter operating income missed. An operating lost expected in the Third Quarter. Negative headlights as amazon continues to grow and powershares crippled to down a can someone percent. European banks in the spotlight in europe with lowball the theme. 70 increase in secondquarter profits for Credit Suisse and ubs, core equity tier one ratio the story which fell meaning there may not be a lob pass left over for a potential buyback. Eley banks still getting their house in order. Jonathan a man wearing the biggest smile with the stock up to several huge interviews on bloomberg tv, including from the Credit Suisse ceo and just daily, the berkeley berkeleys chief to. The republican attempt to scrap obamacare has collapsed in a earlymorning vote. John mccain and two other republica ....
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. But as diana olick reports, theres a back bump. Reporter soared on news of an expected jump in february sales. And while it was a welcome improvement, it needs a bit of perspective. Were trending slightly higher. Were still 40 , 50 below 30year averages. Reporter february sales of newly built homes hit the case in 7 years at 539,000 for the year. But just undergone an epic boom to bust ....
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. But as diana olick reports, theres a back bump. Reporter soared on news of an expected jump in february sales. And while it was a welcome improvement, it needs a bit of perspective. Were trending slightly higher. Were still 40 , 50 below 30year averages. Reporter february sales of newly built homes hit the case in 7 years at 539,000 for the year. But just undergone an epic boom to bust ....
Datadependent. And todays data were not definitive. Consumer prices measuring everything from rent payments to cost of a new shirt rose 0. 2 in february. Thats the most in four months. It was merely in line with expectations and flat from a year ago. The fed would like to see Price Inflation pick up a bit. What did was the sales of homes last month. Newly built home soared 8 highest level since early 2008. Strong headline number sent shares of Home Builders higher including kb home and lenoir. But as diana olick reports, theres a back bump. Reporter soared on news of an expected jump in february sales. And while it was a welcome improvement, it needs a bit of perspective. Were trending slightly higher. Were still 40 , 50 below 30year averages. Reporter february sales of newly built homes hit the case in 7 years at 539,000 for the year. But just undergone an epic boom to bust ....