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Hold on. This is a tease. Stealing the thunder already this thats right, we are going to talk about this in just a moment anybody still on radio has to wait a second. Take a look at the futures this hour dow futures down about 170, s p off by 2 and nasdaq down by 81. Yesterday, nasdaq down about 1 . Crude oil prices, lets check that quickly we had been watching that contract build up. The july contract build up to just over 34 yesterday. Lets call it even at 32. Then there is the treasury market weve been watching youll see the 10year note has been yielding 0. 64 . A little pressure there too. Take away. With that tease, it feems like months now, weve had really big guests and corporations a big interview at 8 00 a. M. Eastern. Well talk all things economy with former Vice President joe biden about the pandemic, the race for the white house and so much more. Well do that at 8 00 a. M. Live with him a big interview to look forward ....
[inaudible conversations] [inaudible conversations] come to order. Without objection the chair is authorized to declare a re cess for the committee at anytime. Entitled bureaucratic overreach for Consumer Protection. Examining the cfpbs latest action to restrict composition in the payments. Without objection all members have five legislative days to submit extraneous materials for inclusion in the record. I want to recognize myself for five minutes to give an opening statement. Todays hearing, bureaucratic overreach or Consumer Protection, examining the cfpbs latest action to restrict competition in payments in my view is critical because its going to talk about this large participants in the general use of Digital Consumer payment applications market. This is the sixth lpr that the cfpb has initiated. And pu ....
And the yen finds its footing. Im melissa lee here with you tonight. We start with a human move last night on appear 8 after the tech titan announced a monster buyback, the largest in history across all companies. Apple is no strange tore giant repurposes, reducing share count over the last year buying nearly 85 billion worth of stock. Yesterdays announcement brings the total to nearly 700 billion. Is not all just a bit of Financial Engineering. After all, overshadowed, it was a 4 drop in overall sales with iphone revenues down 10 from a year ago. Thats the largest decline since the pandemic. Other products, like the watch, airpods saw sales down. Tim cook said he feels good about the businesses in china. Recent. Reporter has suggested that apple is in fact losing share in that region. Is apple using the buyback as distraction to get the investors to look away . Did we just buy that today in terms of the stock popping today ....
He talked about the law that requires people representing interest of form powers to disclose the relationship. He testified that the lawyer who met with donald trump junior was heading russian efforts to get sanctions repealed. The hearing is just under two hours. I reconvene our hearing, i gave my Opening Statement yesterday. I dont have anything to add to it, but ive got a few housekeeping things to take care of. Im disappointed that the rule was invoked to shut down this hearing before we could hear all the testimony yesterday. He has traveled from overseas to be here to testify about the russians efforts to manipulate our government this is an important topic to discuss. If the other party is truly serious about getting to the bottom of russian interference, they should hear him out. Mr. Browder, i thank you very much for changing your travel plans to be here this committee very much appreciate your willingness. Going to c ....