Well and apple. That event is just wrapping up now. Announcements shaking out in the stocks of different competitors. Were going to fill you in on all of that action but joining us for the hour is steve grasso from stuart frankel. Steve, great to see you. Good to see you its amazing. Not necessarily a major move for the averages today or right now. Everything is slightly lower and actually, if you look at the week, the dow is actually flat so far to start off the week and yet theres been this great rotation talk to us about that. The rotation is coming out of growth into value. How long does that last is how long the market will be under pressure and for now, it probably will last a little bit longer, but get a trade deal, throw everything i just said out the window and you see everything rally back people are making the analogy back to 09 and 2016, with this rotation that lasted for a couple of weeks. I dont think it will be that long do you really think were going to get a trade deal
New plan of attack. Lauren do you catch yourself using work lingo in your daily conversations . Is your job center stage in your dreams . Are your social invitations nonexistent . These could be signs your job is taking over your identity. It is tuesday, september 17th. Fbn a. M. Starts right now. More than a feeling. More than a feeling. When i hear that old song, babe. More than a feeling. Lauren welcome to fbn a. M. Good morning. Ill lauren lash. Cheryl good morning, everybody. Im cheryl cheryl. Lauren im cheryl casone. Laurent day winning strea winning strea. This morning, the dow is down 27, the nasdaq giving up 13. Cheryl were seeing a slight loss this morning, this is wti right there, 62, 52, down 38cents. Brent opened up slightly lower as well. Traders are waiting for a press conference from the saudis to give us an update on output. Lauren lets take a look at the yield on the 10 year treasury, its down 2 basis points. Cheryl keep an eye on china. The nikkei and kospi slightly
Well. I think the s p has set 23 new highs for this year. If you look at treasury yields, you will see that right now it looks like the 10 year is at 438. So lower than earlier in the week. Two year also lower at 478. If you look at some of the meme stocks, that Activity Still alive and well this morning. I will see shares of gamestop up after they fell by 30 yesterday. Amc down by 15 yesterday. But this morning it is up by 4. 3 . You have the blackberry stock up again by 1. 3 . Those stocks by the way are up come back a second. Thanks. About 83 and 72 respectively. You were here you saw the ppi, you didnt see the cpi. But i read it. And that is where the yields boom, 438. Meantime china announcing its most aggressive steps yet to revive its struggling rehe will stays sector. Beijing will have a 42 billion relending fund which they will try to put together to help local state owned companies repurpose unsold properties to public housing. China also eased Mortgage Rates nationwide and p
Us to host this program not only because of the importance of the book and the subject matter but also because the fellow in the library for scholars in residence at the allen Room Research a good deal of the book right here in the library archives, the Archival Holdings on the new york city history are of course that cant include such collections as the record of the history and the collection called new york city miscellaneous 1614 to 1975. [laughter] that is the painstaking work of historians and scholars that bringsch the content of those collections to light and into Public Discourse through meticulously researched books like greater gotham and so we are thrilled to welcome you back to the library to share your research with us and to moderate the conversation, we are honored to have another distinguished historian writer and scholar with the pieces of the new yorker where hes a staff writer he provides a steady stream of intellectual and emotional nourishment to many of us seekin
Freeze warnings and the fault lies affected and oclock this morning along the delta. Paul also doubt the third one having at the freezing mark in dublin. Very chilly temperatures and a loss so an announcement dealing with areas of pettifog 33 degrees santa clara so even south bank Clear Conditions for the entire bay area damage for a court to start your saturday morning. Erica most of this in recent but the fifties will consider pattern into tomorrow and is likely to have the slight possibility of what weather next tuesday. No keep tempers on the cooler side lou increased windchill into next week. We do have changes as iraq or to cause a 14 reporter is a long 36 avenue residence to the fire is out this morning the five local to the scene about 520 this morning will shooting about to defeat in the air and the family one of the homes at a fire in their fire place last night in some of those ever spread into wall and ignited the fire into the roof of the building to hold a total sustained