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Our next panel we are very excited to get an International Perspective on infrastructure. Earlier i had a chance to meet with mexicos current chair of the governors the current chair is france just go and incoming as mendoza, swift got both representatives from mexico and canada appear on the stage we are really thrilled to have it with us a total of five premieres from our neighbors to the north, who we very much appreciate everybody making the tremendous effort to come down here and join us. They are joining us for this discussion on infrastructure from an International Perspective. I believe canada is doing some really interesting and Creative Things on infrastructure, silly want to thank each one of you for joining us. We have saskatchewan premier who is the chair of the council of the federati ....
Ashley thank you, charles. Im ashley webster, stocks are slipping as we kick off the final hour of trade, where we finished the day, the doubt up to snack a 3 day winning streak, falling below 39,000 as you can see, 200 points, the s p, nasdaq on pace for a second day of declines in a row but keep in mind all three major averages remain within striking distance of records, less than one below alltime highs. It is all relative. Rising bond yields putting pressure on stocks, 2 year treasury yield is the highest level in three weeks, 6. 3 basis points, 10 year treasury yield rising for the fourth straight session, 4. 3 as the market digests a wholesale inflation report. Investors in spring their timeline for rate cuts and the potential for a higher scenario. We also have retail sales, the report came in later than expected but at least sales did rebound after a steep decline in january. One retailer thats firing on all cylinders, dicks sportinggoods, stand out retailer on this session, up ....
Dow down 37 points and the s p nudging back up towards the flat line at 2066 and change and nasdaq in Percentage Points the big lieutenantser, down twothirds of a point. Seven of the sectors are low for the year including staples, i. T. , financial, industrials, utilities and energy rounding out the bottom of the pack. Both down more than 9 year to date. Oil getting hit hard again today before staging a bit of a comeback. There you see its got modest losses right now. West texas intermediate at 51. 97. Ice brent crude at 56. 43, down 11 cents or about a fifth of 1 . And then ty yield falling enough that were starting to hear about lower mortgage rates. The tenyear right now earning 2. 221 . Euro Group Leaders meantime emergeing from a crucial summit on greece about one hour ago. The result nothing, according to reuters. Another meeting set for tomorrow. The eurozone summit ....
Bloomberg. This is what im seeing across the board. Theres a little bit of sidewayson moving for these equity movements. They seem to be tracking gains across asia. Traditional assets, the Dollar Strengthening the crude oil will keep an eye on that at just below 48. What could straight to the bloomberg first word news. On for thisame north korea this after kim jongun threatened to do just that. Any military action would require his nations approval. The German Economy extended its growth to the Second Quarter. That is just below the estimates in the Bloomberg Survey. It will come as welcome news for Angela Merkel. Asked hownt trump has china handles intellectual property. Beijings ministry of commerce respond ....