Page 16 - Lam Research News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This hour. These are modest declines. Dow down 71 points. S p futures off 11. Nasdaq down by 44. At this point, the dow is on track for its fourth negative week in the last five and that is because of the treasury yields. They have been pushing higher and higher. The tenyear yield is 4. 95 . In fact, it did cross that 5 line that we were watching. Hovering at 5 . Yesterday, just after 5 00 p. M. , the tenyear yield hit the 5 level briefly. The last time we hit that level was july of 2007. Yesterdays move cameafter fed chairman pojay powell spoke and kept the door open to more rate hikes. We ha...

Im melissa lee, coming to you live from studio b at the nasdaq. On the desk tonight tim seymour, karen finerman, steve grasso, and guy adami. We begin tonight with netflix, shares soaring, up 12 afterhours. Netflix getting a boost from subscriber growth and a new adtier subscription. Cnbcs Julia Boorstin here to take us inside the numbers. Julia . Melissa, that 12 jump of netflix shares, that all comes down to the company adding 8. 76 million subscribers. A huge subscriber beat. Three and a quarter million more subscribers more than anticipated. This in large part thanks to a successful crackd...

Said that the historic move is pressuring commercial loan demand. Lets get a check on the markets, which continue to move lower, the dow down 278 points, nearly 1 . A greater decline for the s p 500. And the nasdaq down 1. 3 , similar for the russell 2000. And here in some ways, here is the big culprit. Treasury yields keep moving higher, and its across the board. Yesterday, the twoyear popped up to its highest level since 2006. 5216 is the latest. The fiveyear joining that at a level we havent seen since 2007. 493 lets call it. The tenyear pierced above 4. 90 today. And the 30year beyond is a...

That was higher than anticipated and that all but nullified the pop that some of the banks gave the market on a series of better than expected reports. Jpmorgan and citi have gone negative. Bright spots on an otherwise topsyturvy day. Boeing is one of the worst performers today. More issues with the 737 max emerging. That stock down more than 3 as for tech, the biggest loser. Every name losing some altitude today. Meta one of the worst performers along with nvidia. Our talk of the tape. Whether stocks can have a lateyear surge or not. Two market watchers on two sides of the argument, bmos bria...

Thats the lowest since july of 2022. Whats going on here . I think its way too premature to talk stagflation. Thats the word of the day, the dreaded s word. Its premature. That gdp number last week i think will get revised higher. I think the consumer was misrepresented. If you look at all the numbers, the wage numbers weve been getting in the eci today, up 4. 3 year over year, thats great for the consumer. If you look at the pce last week, income and spending grew 5 and 6 respectively. Thats great for the consumer. Manufacturing, we talk about it all the time, i had a whole slew of companies ...