Page 14 - Sharon Epperson 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...

To come next from the fed. No signs of relief with the 10year still at 469. The 2year at 5 . We saw that yesterday morning on the hot data that was hotzer than had been anticipated. Price of bitcoin down substantially, just holding at 57,000. And then gold prices were down by 2. 3 yesterday. Theyd been hitting new highs, this morning sitting above 2,300 an ounce. Then you have crude oil prices with continued concerns in the middle east. At this point, down by almost 2 as well. Maybe that leads to questions about what the Global Demand is. 80 . 39 a barrel. Police cleared an occupied building. ...

The day with the s p 500 up 1. 3 , building on the gains from yesterday. Biotech and Technology Stocks bouncing back with ten of the 11 s p sectors trading in positive territory. And lets draw your attention to spotify, up a whopping 16 , highest level since march of 2021 on the back of its earnings beat also, check out jetblue, sinking after reporting worse than expected revenue. On the other hand, aviation engineer making air owe maker ge autos, gm up beating on earnings well take a technical look at that name further ahead. Another name, that would be tesla reporting after the bell that nam...

Chinas Foreign Ministry addressing the recent headlines about restricting foreign branded mobile devices. In a regular briefing she said, quote, we notice thereve been many media reports about concerns over the apple phones. She said they have not issues laws and regulations to ban the purchase of apple or foreign branded phones, but purchases are what people are focusing on. They have restricted the use of iphones in government offices and plan to expand restrictions to state owned companies. That comes a day after apple unveiled its latest iphone models. Were going to have a lot more on that...

Just below 5 at 4. 99 . We have news just out from the white house. Eight more companies signed on to the series of commitments to keep a. I. Safe and secure and transparent. Nvidia, palantir and ibm and salesforce among those. They will meet today with the secretary gina raimondo. The white house took a pledge of Companies Developing a. I. At the time which included amazon, goog google, meta, microsoft among them. We talked about meta. They will do something more open source and open platform, if you will. The issue here is not so much about whether you want to worry about the big guys, but s...