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Lunch. The crypt o hits the fan im Tyler Mathisen the dow down and off to the worst week in two years. Energy is getting walloped apple shares on pace for the worst week in more than three months bond yields, this is the story, folks of the week. Maybe the story of the year. The 30year bond yield now above 3 highest level since march. The benchmark ten year jumping to a fouryear high above 2. 8 Steve Liesman is the man and he is joining us for the hour thanks, tyler im steveliesman we begin with the market, selloff concerns about Rising Interest Rates a big reason why. Bob pisani is at the New York Stock Exchange where weve just crossed the down 400 park. We bottom but the bad news is were not rising were sitting near the bottom and paralleling the 10 ....
A barrel. Up a gain three quarters of one percent. Our road map today starts with netflix. Shares down big this morning thanks to weak guidance. What Ceo Reed Hastings had to say about the companys earnings. Goldman sachs ceo blaming the challenging operator environment for less than stellar earnings. What you need to know from that report coming up. Also dig into earnings from dow components Johnson Johnson and United Health care. Lets begin with netflix. Shares are falling in the premarket despite Quarterly Results that beat the street. The company issuing weaker than expected subscriber guidance for the Current Quarter especially on the international front. Meantime ibm out with q 1 results. Jim, lets ....
Less than a percentage, but nasdaq is down 1. 3 . You should have seen the look on her face when we noticed that earlier. Lululemon among the retailers thats been warning today. That stock has been down 16 today. And weve got all these earnings coming out this week. Weve had all these warnings so theres a feeling of fear right now definitely an wall street. And anticipation. Retailmageddon is the way one retailer put it to us earlier. Goldman sachs sounding the alarm on valuation saying investors are too focused on stocks and hurting longer term return. Were not just talking stocks so far today. Gold interestingly has been heating up after a horrible year last year and who better to get the outlook for gold and the precious meatals than the ceo of gold corp himself. Coming up this half hour. Talk about a tough 2013. Look at markets right now. As mentioned, the dow is off 159 points. The s p 500 is off 20 points. Near 1820. In fact, it is trading about 1821 so were well through the lows ....
This will be. Just a reminder of the top story were following for you here today on d w news israel goes to the polls to decide whether political newcomer betty gaffes should one seat for term Prime MinisterBenyamin Netanyahu its a both a certain to have a long term impact on the region. Coming up next the implants files are investigated a documentary on medical implants stay with us. The first economy plus a. Grand arrives. Join your reckoning on her journey back to freedom. In our interactive documentary during the regular season
returns home on t w dot com tanks. Artificial hips heart fellows instance are all modern medical miracles but what happens when they dont work. You feel like a guinea pig for who couldnt. Get to so many medical products like implants and Insulin Pumps have to be safe and reliable. And for ....