i'm frank holland. let's check it off with the u.s. stock futures after the mixed session yesterday with the dow closing 200 points higher and a mixed picture with the futures. we are seeing the dow in positive up 40 points if it were to open right now. the s&p and nasdaq both in the negative. we are checking the bond market. yields are ticking slightly from the start of the week. 10-year treasury at 3.57. 2-year treasury at 4.45. energy is coming off the highest session and total this morning. wti is above $70 a barrel. up .75%. the international brent crude is $79 a barrel. >>> we are watching cryptocurrency. bitcoin struggling to stay above $27,000 after a key player in the space is set to answer questions from regulators. more on that coming up in the hour. >>> and let's check on the action in asia and the trade in europe. we are joined now by arabile gumede, i believe. arabile. >> frank, good morning to you. certainly an interesting morning. markets have moved into the positive session. it is following on from silicon valley bank

are watching "worldwide exchange" here on cnbc good morning happy friday i'm dominic chu in for frank holland this morning the dow trying to snap a four-week losing streak. futures indicating a modestly higher opening dow implied higher by 35 points. it is not red. the s&p is implied higher by 7 30 point gain for the nasdaq modest gains implied major action in treasuries this week the 5, 10, 20, 30-year yields. each hitting the highest levels since back in november right now, the yields are backing off slightly 10-year treasury hit at 4% that big figure. again, the 2-year treasury yield is a huge story here trading at its highest level going back, you can see here, to 2007 4 4.85% for the 2-year treasury. also watching energy oil is creeping closer to $80 for wti crude. it currently sits at $78 ice brent crude is down a similar percentage point natural gas prices ticking higher at $2.81. big move in gasoline futures hitting four-month highs now you see rbob or futures contract for gas is down .50% you see the move higher just over the course of the last couple weeks here. maybe we can expect

i'm frank holland. futures righte1 nowÑi firmly in green across the board.ay powell and janet yellen. looking to backstop, temporarily, all bank deposits. listen. >> this isi] not something we he looked at when such a failure is deemed to create systemic risk which i think of as the risk of likely to invoke. the systemic risk exception. >> the comments got the attention of investors. more on the fed in a moment. a quick check on the bond market reacting. 10-year treasury at 3.47. 2-year treasury at r inching higher as we lead to the rate decision and now post decision. >>> fed stick9 hiking and projecting one more increase the rest of the year. a warning from fed chair powellñr onñr credit conditions have spooked investors. the banking sector is strong, but recent failures could cause ripple effects. >> we believe, however, events in the banking system in the past two weeks are likely to result in tighter credit conditions for households and businesses which would effect (áátáy it is too soon to determine the extent and too soon to tell how mon=+cryxdÑi poli

i'm frank holland. let's check where markets stand ahead of the open. futures right now are a mixed picture. nasdaq in the green. the dow is down. it could open up 90 points at the open this is early. this after another volatile session on wednesday at the lowest point where the dow was down 700 points before trimming losses we now turn to the bond market with the 2-year treasury now at 4.02 you have to remember a couple days ago, it was above 5%. we are seeing the 10-year treasury at 3.519% just about a month ago, excuse me, the start of this month, it was 45 points higher something to watch levels we have not seen since february oil is hitting the lowest level since december of 2021 wti back under $70 moving slightly higher brent crude up almost 2% natural gas is the best performer. up 1.75%. >>> pull back in oil hitting energy company stocks in the last week. halliburton is down 14%. marathon oil shed 13.5%. we are looking at conocophillips down 10% chevron is down 4% a lot of down side moves with oil companies. >>> we have green arrows across the bo

i'm frank holland. let's start with the check on the markets. u.s. stock futures are solidly in the green this morning. right now, very early, the dow would open up 140 points higher. s&p and nasdaq up .25%. this following a strong session from yesterday dow gaining 300 points or above 1% for the week, the dow and s&p on pace for the best gains for the month. the big story is the nasdaq with the highest close since back in august and on pace for the best quarter since the second quarter of 2020 when it gained almost 30%. you see the strong moves from the nasdaq 100 we are checking the bond market. yields are in focus. 10-year treasury at 3.57 2-year treasury at 4.09. >>> we are watching energiy as well wti is at $70. natural gas continues to slide down 2.25% this morning. >>> for a check on the overnight action in asia and early trade in europe is arabile gumede who is standing by in the london newsroom arabile, good morning. >> frank, this follows to europe's market as well which is certainly seeing banking sector tension seease substantially moving

i'm frank holland. let's check on the markets and how it is shaping up today.the red to flat. nasdaq went interest slightly flat to slightly green. down to the negative. the story is the dow jones industrial average. falling this morning. down 130 points at the open if we opened right now. s&p down .25%. >>> let's check on the top stories with silvana henao who is back with those. good morning, silvana. >> good morning, frank. credit suisse and ubs facing scrutiny from the u.s. government. the report adds some major u.s. banks are looked at as part of the probe which says it was hit before it was taken over by ubs. >>> and according to the financial times, can executives pay at the silicon valley bank firm soared after betting on long bonds. before back firing, the ceo greg becker cash bonus peaked in 2021. double the amount four years earlier. >>> the governor of utah signing two pieces of legislation aimed at regulating social media in the state. you have to verify the age of anyone with a social media profile. utah is the first state in the united states to

i'm frank holland. let's start the hour with the check on futures after a mostly lower session for stocks yesterday. we are seeing futures this morning red across the board nasdaq down more than .50% we are checking the bond market yields here with the inverted yield curve. 2-year treasury is above 5%. pretty much it hasn't been since 2007 the 10-year treasury is close to 4% those yields have been creeping up as the market weighs rate hikes. in energy, oil is falling from the recent high. we are seeing pressure on oil. wti is down about $76 a barrel both down fractionally nat gas is up 1.5% a very busy morning in crypto. bitcoin and ethereum under pressure bitcoin down 2%. ethereum down 1.5% cardano is down 2.5% we will have more on the sector later on in the hour >>> overnight in asia, a mixed picture with australia and japan as lone standouts. red across the board we see the cac down more than .50%. ftse 100 down .75% let's check on the corporate stories with silvana henao. >>> frank, good morning. ap

i'm frank holland. let's kickoff the hour with the trading day shaping up. we are seeing futures in the green across the board at this early moment. the dow would open up 100 points higher. s&p and nasdaq are fractionally higher. this comes off rocky trading last week. the dow snapping a two-week losing streak with all gains 2%. nasdaq is the big winner. we will dive into that in a few minutes. >>> we want to look at the bond market. the 10-year treasury. the yield on the 10-year treasury at 3.421. the 2-year treasury at 3.3.877. still seeing a potential inverted yield curve. >>> we are watching energy. oil breaking a two-week losing streak. wti jumping 4%. below 7$70 a barrel. brent crude at $75 a barrel. up .50%. natural gas is down 5%. this cooler than expected winter is impacting the market. >>> we are watching cryptocurrency and bitcoin below the $28,000. $27,870. xrp is up more than 4.5%. we are seeing moves to the down side for cardano and solano. >>> now to the breaking news. first citizens bank buying silicon valley bank. silvana is here with detail

i'm frank holland. >>> let's kick off with the stock futures. futures right now, as you see, solidly in the green if the dow opened, it would be 54 points higher positive for the s&p and nasdaq. despite the market volatility with the dow up 1% and s&p up 2% and nasdaq up 5% much more on that rally coming up you see the sharp move up to the upside for the nasdaq. >>> let's check the bond markets and yields we have seen all month long the 2-year treasury at 4.16. this is 70 points leaver lower started the month. as we see more investors retreat to bonds for safety. we see the yields decline. >>> we are watching energy oil market dipping below $70 a barrel up .75% this morning brent crude up $75 a barrel. over .50% up. >>> turning to the week long banking crisis we have julianna tatelbaum live in london with the latest. good morning, julianna >> frank, good morning this morning, it is all eyes on first republic bank. u.s. banks, including bank of america and jpmorgan chase agreed to pool $30 million to rescue first republic bank shares popped 10% y

you are watching "worldwide exchange" here on cnbc >>> good morning i'm dominic chu in for frank holland. let's check be on the u.s. stokt fut -- stock futures. you see the dow jones industrial average is implied lower by 14 the s&p down 25. the nasdaq down by 101 now we are off the worst levels of the pre-market session right now, but still it is not a great start to the month of march. if you check on the bond market, 5 and 10 year yields going back to last november to the highest levels 10-year is 4.b04%. check the 2-year note and 5% it is the highest yield going all the way back to 2007 that is how far back you have to go for that 2-year note yield. 4.91%. a lot of dynamics driving the market on the energy side of things, oil prices continue to show at least some signs of stability, although u.s. benchmark crude for wti is up $80 a barrel nat gas prices down 1.5% at $2.76. in crypto, bitcoin and ethereum are lower bitcoin is $23,405 that is just about flat. ethereum prices are flat at $1,642. >>> let's get a check of the trading in europe with julianna tatelbaum in london with the la

i'm frank holland. let's check on the u.s. stock futures. right now, we are seeing stock futures at session highs dow opening up 100 points higher s&p and nasdaq at .25% higher. we are checking the bond market. yields are near lows the 2-year treasury, 5-year and 10-year. the 10-year treasury at 3.51 that is something we will watch. we are also watching energy. oil coming off the low since december of 2021 we are seeing a tick higher with the banking issues wti crude at $68 brent crude at $74 >>> we are watching crypto it is moving higher with all of the banking turmoil. bitcoin is just below the 28,000 mark falling this morning down $27,700. xrp is up 3%s. solana is one of the volatile currencies down 2% this morning. >>> let's check on the overnight action in asia and europe with julianna tatelbaum who is in the london newsroom with more on that good morning, julianna >> good morning, frank let's kick off with europe the mood continues to improve after yesterday's massive turn around around this time yesterday where the sentiment was turni

you are watching "worldwide exchange" here on cnbc >>> good morning i'm dominic chu in for frank holland. let's check on the week for the futures. the dow's first winning week since january. futures are modest the dow jones industrial average is down 5% the s&p is flat. nasdaq is up by three points this is ahead of what we are calling wall street's lucky 13 and the four major events that will likely hold the key to the markets next move. kicking off tomorrow is jay powell and the two-day testimony on capitol hill. this comes after friday's jobs report after the latest read on the consumer prices on the 14th. on march 22nd, the fed has the policy decision. the fed testimony and february jobs report and cpi and fmoc in 13 days. the data looking at 50 basis point hike over 25 hike in january. you see the set up here. january 6th, the probability of the moves happening has market edly so. we see the 10-year treasury at 3.9% the 30-year is 4.4.86 west texas crude is down just a bit compared to the end of last week in crypto, bitcoin and ethereum trying to find more upside traction they are no

i'm frank holland. let's kickoff the hour with the check on u.s. stock futures. off the lows in the early trade. with we we are seeing a sea of red the dow would open up 150 points lower if it opened now the bond yields right now at 3.718 for the 2-year treasury. the 10-year treasury yield right now will see a similar decline month to date. 3.33 that is 60 basis points lower than it started the month. >>> the price of oil and wti is $65 a barrel you see it is down 2.25% brent crude is down 2.25% as well natural gas up 1.5%. you see oil down 15% in the past month. >>> let's check crypto bitcoin topping $28,000. that $25,000 mark was meaningful you see it is up .25%. bitcoin up 20% month to date ethereum is down this morning. solana is up 4.5%. >>> now turning to the top story and breaking late yesterday. ubs will buy credit suisse for more than $3 billion and assume more than $5 billion in losses that deal backed by the swiss government it marks a final chapter in the 167-year-old bank. it is bank takeov

good morning i'm frank holland. thank you for joining us let's kickoff the hour with the stock futures with the muted day of trading yesterday the dow is looking to extend the win streak to four we have a lot of optimism with the win streak continuing. this is as we await jay powell's testimony on capitol hill. these are his first public comments in more than a month when he told washington he sees signs of disinflation popping up as for the 10-year treasury which is close to the 4% yield something we continue to watch we are seeing the inversion of the yield curve. 2-year treasury at 4.86. also looking at energy wti crude at $80.50. brent crude is flat at $86 we are also watching bitcoin and ethereum bitcoin is flat. bitcoin is key in recent months. >>> let's get the look at the trade in europe with arabile gumede great to see you over the weekend. >> it certainly was good to see you, frank the market has been one that has been topsy turvy jay powell's fed speech will be quite interesting to note as you put out. i

i'm frank holland. we start the day kicking off a look at the u.s. stock futures right now in the green across the board as you can see up just about a third of a percent to half a percent across the board for all of these indices it was a very rough month for wall street that saw the dow and more close down for a second month. not so for the transports. they eeked out a half percent exchange also checking the bond market, the conversion kolktss on the yields as they continue their sharper move higher. looking at the yields, the 2-year note at 2.83. the 2-year gained 60 basis points 10-year note at 3.95 right now. >>> the sector coming off its worst month since september. this is oil. it continues to hover just below that $80 a barrel mark we're seeing wti crude at about 76 bucks a barrel and brent crude, 83 bucks a barrel >>> sharp moves overnight higher in asia. our julianna tatelbaum is in our london newsroom with much more on that action good morning, jewel njulianna. >> chinese factory tractions improved it. was the highest reading since april 2

i'm frank holland. let's kick off the hour with u.s.tock futures we're seeing green across the boards right now very muted but slightly positive for the s&p, dow jones, and nasdaq the green a welcome sign for investors, this after a wild day of trading yesterday the dow closed lower by more than 570 points or nearly 2% and turned negative for the year the sharp move low fehr everyone coming after comments from fed chair jay powell saying the rates need to go higher than previously anticipated and at a higher pace. the 2-year note is now trading above 5% this is very meaningful. it's the highest level since 2007 with that spike, the spread between the 2-year and 10-year benchmark bond yield is now at its widest since all the way back in september 1981 we saw an economic downturn after more than a year oil actually going to other way this morning we're seeing wti down to 77 buck as barrel. brent crude down and natural gas down about half a percent. we're also watching cryptocurrency bitcoin falling below 22,000, this morning about a third

joining us now with more is cnbc's frank holland. frank, we heard from the st.these concerns? >> well, first and foremost, good morning. james bullard, he's the first fed speaker out and about after the rate hikes. he acknowledged the banking crisis and acknowledged the fears, but he really emphasized the u.s. banking system has regulation and controls in place that he believes are adequate to address all the current issues here in the united states. he refers specifically to dodd frank, regulation put in place in the wake of the great financial crisis in the late 2000s. take a listen. >> regulators have many, many more tools than they had at that time or that had to be developed at that time. those can be deployed now and yesterday secretary yellen, yes, said, you know, we're willing and able to do more if necessary. >> he said if necessary. you can see he emphasized secretary yellen in the comments. he made it clear the fed and the u.s. treasury are on the same page. there were comments from janet yellen on capitol hill on wednesday that there were no discussi

let's bring in frank holland for more on this frank?melissa, strong forward guidance for eps is seems to be what's moving this stock higher. big raise here $14.60 well over estimates of $13.60. fed ex undergoes a cost cutting called drive demonstrating strong pricing power. express per package revenue rising 3%, ground per package rising 11% freight shipment per shipment 21%. the memphis shipping giant raised its prices in january the stock often trades on margin, came up short at 1.2%. just about half of its revenue but strong beats for ground and freight margin the one thing you can say that was miss hearing is details on the progress of the drive initiative fed ex will have a briefing here in new york city on april 5th, melissa. >> frank, thanks frank holland. what a change. what do you see in the charts? >> it's pretty darn good, meaning if perspective weakness comes from exceeding previous -- if strength comes from excessive weakness, this is a perfect example of that. this stock was down almost 60% it peaked before the market peak

frank holland is on the ball and into that quarter. hey, frank >> hey there, tyler. shares are down, but a little higher than immediately following the call just listens on the call, they talked about the a.i. capabilities a miss on the revenue after analysts had expectations, thinking oracle on-permits business mate get a boost and the cloud business may get a booth from the a.i. capabilities >> oral kay a.i. provides more relevant sales oracle a.i. increases infrastructure performance and security with no human intervention and customers using those gets a.i. as a service. >> all right we may have lost frank there momentarily. tim, do you want to jump in? then to jeff. >> this sell-off to me comes from a stock that's one of the few near its 53-week high. if you look at greater than 70%, the stickiness of the business model, valuation, i think you're buying this weakness. >> how about you, jeff >> yeah, i'm with tim here i think the cloud is the up side for the stock. if you look at the numbers compared to microsoft aws, they actually look pretty good. i talk to the

i i'm frank holland. >>> let's kick on the final day of trade of the quarter. a mixed picture and flat across the board. we saw movement in the nasdaq after a positive session for stocks yesterday with the dow and s&p on track for the best weekly gains since january a different story with the quarterly performance for the averages with the dow. the only index tracking for a loss with the rest as you see heading higher into the open for the quarter. the nasdaq out performing with a 14% gain a big rise with the tech focused index. unless something unexpected happens, it is the strongest performance since the second quarter of 2020. >>> the 10-year treasury is at 3.57 the 2-year treasury is above 4%. rising since yesterday 4.14%. >>> energy and oil is above $70 a barrel brent crude is $74 a barrel. down .50%. brent crude is almost $79 this morning. natural gas with a bump up 1%. >>> we are speaking of a data point which is front and center is february pce. the preferred read on inflation is out at 8:30 a.m economists hope to see a gain of 4.7% on the year >>> that

frank holland is joining us this morning. thank you for joining us >> good morning, julianna and karen. after a five-day selloff at silicon valley bank, there were questions of all regional banks. a bounce back of sorts the kre etf is still down 25% over the last week we are looking at some of the names in the etf first republic catered to a simil similar clientele to svb with. pacwest is up 9% we are watching the 2-year tre treasury investors continue to run to bonds for safety a week ago, the 2-year treasury closed above 5%. this morning, that has fallen below 4% prices and yields move inversely. we are watching the yield curve. it is seen as a recession indicator. we have seen reversal. the spread now 46 basis points it is shaping up to be a very interesting morning here on wall street as you were talk about it, the inflation gauge cpi is a data point. jay powell said the fed is watching as they make decision of rate hikes this month now after svb could a hike be off the table? our fed watch tool has even odds, ladies >> f

is friday, march 10th you are watching "worldwide exchange" here on cnbc >>> welcome back i'm frank hollandpick up with the check on u.s. stock futures following the selloff yesterday. i guess we can say they are mixed. they are off the lows this morning. nasdaq is positive the dow and s&p in the red at this point if the markets open up right now, the dow would open 100 points lower investors flock to the sector of the bonds. the 2-year treasury is 4.813 10-year treasury is off the high from this week down to 3.815. inverted yield curve is something to watch as the recession concerns mount we are also looking at oil and energy wti is $75 a barrel. brent crude is $81 natural gas is hardest hit this morning down more than 1%. >>> let's get a look at the trade over in europe with julianna tatelbaum who is back with more from the london newsroom julianna, again, a lot of red over there across the pond >> there are, frank. we have bounced off the lows of the morning. we are hovering around them. we have red for every single major index in the region. ftse 100 down 1.8% cac 40 down 1.3% dax down

i'm frank holland. kicking off the hour with the futures. a wild day of trading yesterday that ended with the dow extending the longest losing streak since back in september futures right now in the green across the board the s&p and dow and nasdaq up .50%. we are also checking the bond market move lower in yields on the heels of the silicon valley bank rescue the 10-year treasury at 3.58 something to watch here. the 2-year treasury yield is 4.173. the spread narrowing in the last day. afte at last check, 58 basis points, reversal that spread was double previously we are watching oil which is impacted by the svb fallout. wti is $73 a barrel. down 2.5%. brent crude at $79 a barrel. down 2%. natural gas is up 1.5% we are watching crypto with bitcoin above $24,000. a lot of people saying it is count counter intuitive after the closure of silicon valley bank. >>> futures may be in the green in the united states, but in asia, it is a sea of red let's get the action with julianna tatelbaum standing by in the london newsroom good morning, julianna

now to frank holland and "the halftime report." >>> and welcome to "the halftime report." i am in for the judge, scott wapner. less than two hours away from the most critical fed decision in years. will policymakers stand firm and keep on raising rates or will the dramatic fallout on the banking crisis give them cause to pause? we'll take that to our investment committee. joining us for the hour here at the new york stock exchange liz young, joe terranova and steve weiss. first, a quick check on the markets as we await the fed's decision. a muted day on the markets today. we're seeing the dow down a fraction with the s&p up fractionally. the at the point-year note at 3.59. as we await the fed decision moving ten basis points higher, not that notable. right to cnbc's steve liesman live in washington, d.c., ahead of the fed. steve, take it away. >> reporter: markets trading right now with an 84% probability of a 25 basis point hike. that's below the 100% level we go into these meetings with on the day you have an announcement. the fed is expected to hike 25 basis points. you

i'm frank holland. let's check on the u.s. stock futures after a modest day yesterday.utures right now as we can see solidly in the green the dow opened up 200 points higher at this very early part in the morning both the s&p and nasdaq three-quarters of a percent higher, again, at this early part of the morning. we're checking the bond market looking at the yields. the ten-year, 3.55 the twoe-year yield is above 2 crude, 73 bucks a barrel, 73.5, up a half a percent. brent crude up to about 79 bucks a barrel, a couple of pennies short, up almost half a percent. natural gas continues to slide down about a percent and a quarter. crypto, watching crypto especially with respect to the banking situation, back at 28, 5. xrp doing the best out of this whole crypto complex, up 8%. we're also watching the action around the world we're seeing green arrows over in asia. the nikkei, the best performer so far in asia, up one and a third followed by a pop in alibaba shares more on that coming up in the hour european trading day getting under way. cac is up more than a percent. >>> st

wednesday, march 15th you're watching "worldwide exchange" right here on cnbc ♪ >>> welcome back i'm frank hollandatching w.e.x. it's around 5:30 in the area we are watching futures right now. they've take an turn decidedly to the downside. right now it looks like it would open up 50 points lower. the s&p and nasdaq down a third lower as well. >>> time for a check on some of this morning's top stories silvana henao with those stories. >> the federal aviation administration is set to hold a meeting over concerns about safety in the skies and on the runways. the agency summit will focus on ways to strengthen safety following a recent rash of incidents including fights and engine fires and near runway collisions be sure to check in with billy nolen on "squawk box" at 7:40 eastern. >>> tiktok is looking to move away from its parent company over concerns for national security risks the potential split from bytedance which could involve a sale of the ipo is considered a last resort. tiktok would only go down that road if itses existing proposal with u.s. national security officials does not get approved

with us now to talk more about this is frank holland with cnbc.od to see you. first off, just good news for potential home buyers. conditions are easing. that rise in rates, it took a little bit of juice out of the recovery in february. but the availability of residential mortgages is expected to remain strong. you noted pending home sales rose this february, but they are down 20% year over year. you have to keep in mind that's what mortgage rates rising from 6 do 7% during the month. a pretty rapid rise. i spoke with the ceo. that's the regional bank in the philadelphia area. he's seen the most price sensitivity in the home buyer segment. they are less sensitive to the rates and they are out there buying. >> and in this comes back as apple is getting into the business of allowing people to buy now and pay later. how important is this? >> it could be very important for the industry. apple introduced apple pay later. this will allow customers to split their purchased into four basement payments due over the following six weeks. users will be able t

. >> i'm frank holland in for the judge. we have a strong rally on our hands. the dow is up a percent and a quarter. the s&p up just about a percent and a half. the nasdaq the best performer up 2%. we're watching the yield on the ten year, 3.46, about 15 basis points lower than its high from yesterday. we'll continue to watch that today. our investment committee is standing by to break down the big moves. joining us for the hour, josh brown, bryn talkington, steffi link and jason snipe. the nasdaq leading this rally, stephanie. after the big sell-off yesterday, the jay powell comments, more people think it was the janet yellen comments. today a rally. >> lower rates helps short duration assets, technology, they have had a rally this year, but they can go a lot higher, and i think that's what's leading us today. i think the reason we're rallying it appears we're in the ninth inning of this rate cycle. and i think the fact that powell walked back, kind of, the comments that he made a month before about they have to do more rate hikes to they might do more rate hi

we'll send it now to "the halftime report" with frank holland. >>> sara, thank you very much. welcome to "the halftime report." i am in for the judge scott wapner front and center, what's next for your money following a really wild week on wall street. joining me for the hour to discuss is rob sechan joining us remotely, brenda vingiello, joe terranova and steve weiss. let's check the markets. we're seeing red across the board. down 1.25% the s&p down just about the same still on pace for 4% gain this week the ten year note at 3.06, lower than it opened last friday we know all the issues in the financial sector and today the banks are lower across the board today. capping off a really chaotic week for the financials. the focus now turns to the next week as we gear up for an increasingly critical fed decision on wednesday. how should investors be positioned heading into next week joe, i want to turn it over to you first. we're seeing the pullback today. we'll get to the data but in general, what are you seeing what are you thinking? >> it's the disinflation formation today. you

we will be back with you throughout the morning i warrnt to get to frank holland who is tracking theith the sizable funds stashed in silicon valley bank which seem to be at risk. >> andrew, we are looking at docusign signed with silicon valley bank to agree to holdprimary operating and securities accounts with the bank you see shares moving higher in the pre-market on the backstop deal others with agreements a.i. lending platform. a medical device maker and most of them moving higher on the news in tech, one seeing the most immediate impact out of negative sentiment is etsy. sellers saw payments impacted. roblox with no day-to-day impact and unity software with a small amount of cash with silicon valley bank. we are seeing pharma names trading lower. oncorus. and you see them right now it disclosed 25% of cash in silicon valley bank. other names in the space is ginkgo with no movement so far back to you. >> frank, thank you very much. see you later. >>> we have much more on the fallout from this weekend's events to protect depositors of silicon valley bank and signature bank take a l

frank holland.guest says the freight recovery is underway don, welcome yeah, so the -- everything should kind of be -- i guess people figuring things out now, except we're worried about a big downturn what are you hearing from these companies and what should they do to position >> well, the politicians and press are always worried about something. the bottom line is you have to look at the facts. the facts are this, the volume of truckloads posted in the stock market have declined from the levels that we had early last year, but they're still 2 1/2 times what they were at the bottom of the covid quarantine and they're still higher than they've ever been in history precovid when i look at spot pricing, that's down over 30% from the peak from early 2022 but they remain higher than any precovid levels. and contract pricing, while it's retreated about 5% from the peak, it's more than 35% higher than it was at the end of what was precovid so rail, industrial carloadings, are up 3% year-to-date that's str

. >>> i'm frank holland. your cnbc news update.biden went before cameras this morning to reassure americans that the nation's banking system is safe after regulators took control of silicon valley bank and signature bank he says there will be consequences for people running those banks. >> there are important questions of how these banks got into the circumstance in the first place. we must get the full accounting of what happened and why those responsible can be held accountable. my administration -- no one is above the law. >> silicon valley bank's holding company svb financial group says it is looking for a buyer or buyers for itself, and its vc arm and investment banking unit separate from the bank itself under fdic control. >>> after shares of charles schwab dropped this morning, the brokerage says clients are not taking out more cash now than they were last month with many customers reallocating a portion into higher yielding cash alternatives within schaub shares down 18%. back over to you >> thank you frank holland. >>> let

thank you for joining us he'll be here all week to frank holland and the halftime report. >> all rightmuch. welcome to the "halftime report" i am in for the judge. the financials front and center this hour as a banking crisis takes new twists and turns on both sides of the aisle. joining me for the hour karen firetone, jason snipe, joe terranova. we're looking at the dow right now at about 1% higher, the s&p half a percent higher. nasdaq dipping down into the

frank holland is looking at some big tech companies with bonds on the balance sheet. frank? >> as you mentioned silicon valley bank isn't the only company seeing losses from treasuries on the balance sheet. some of the country's largest tech companies also reporting unrealized loss ntz billions for example, microsoft with more than 2.5 billion in unrealized losses in treasuries according to the latest filings. alphabet just over $2 billion. apple just over 1.5 billion. wedbush says we could be headed toward what they're calling a write-down bonanza when it comes to bonds in many company portfolios and i've spoken to analysts and a microsoft investor both agree these companies are in a much different position than svb and these losses won't fundamentally change their view on the stocks, but it does have the potential to impact earnings and what we're seeing isn't a total surprise according to euro finances, yields soared in 2022. u.s. mega cap tech companies sold 75 billion in bonds with an average loss of 6% back over to you >> all right, frank, thank you very much. many reg

we'll send it now to "the halftime report" with frank holland. >>> sara, thank you very much.he halftime report." i am in for the judge scott wapner front and center, what's next for your money following a really wild week on wall street. joining me for the hour to discuss is rob sechan joining us remotely, brenda vingiello, joe terranova and steve weiss. let's check the markets. we're seeing red across the board. down 1.25% the s&p down just about the same still on pace for 4% gai

now to frank holland and "the halftime report." >>> and welcome to "the halftime report."

thank you for joining us he'll be here all week to frank holland and the halftime report. >> all right thank you very much. welcome to the "halftime report" i am in for the judge. the financials front and center this hour as a banking crisis takes new twists and turns on both sides of the aisle. joining me for the hour karen firetone, jason snipe, joe terranova. we're looking at the dow right now at about 1% higher, the s&p half a percent higher. nasdaq dipping down into the red. the 10-year at 3.47, about 40 to 50 basis points lower than it was back on march 10th before all this banking fallout started and we're closely watching the banks after ubs agreed to buy credit suisse for $3.2 billion ubs shares moving higher right now as you can see up more than 3% however credit suisse down more than 50% we turn our attention stateside. the regional banks getting a bit of a bounce, but fertirst repub remaining in the crossshares shares of first republic are down 84% since the start of march and we have ownership here on the desk. see rat and karen, you're both in we're going to start off wit

. >> i'm frank holland in for the judge. we have a strong rally on our hands.

. >> joining us now, cnbc's frank holland. >> frank, thank you so much for being with us. you look at what happened with the red hot start-up bank that, of course, had been around for decades, but was the place for silicon valley entrepreneurs to go and investors to go they got in trouble last week. now, you've got a 166-year-old european institution getting in trouble this week. both of them requiring, in effect, bailouts it doesn't seem so limited is the entire banking system worldwide in crisis? do we have reason to worry >> well, first off, good morning. thanks for having me on there's a crisis of confidence when it comes to liquidity, all the banks globally, in general, are better off than they were at the start of the financial crisis there's a lot more regulation. we have increased stress tests when it comes to banks a different position when it comes to balance sheets. the crisis could be in the confidence in the regional banks here in the united states. credit suisse, this has a history of problems. that's not indicative of the entire european banking sector this

. >>> welcome back i'm frank holland your cnbc news update at this hour.esident trump volodymyr zelenskyy is warning of the consequences if russia wins the battle in the east of the country. zelenskyy said if ukraine failed to hold bakhmut, putin would sell the victory and push for a cease-fire deal. the senate is expected to pass bipartisan legislation today that would repeal the authorizations congress passed in 1991 and 2002 for the u.s. wars in iraq the fate in the gop led house is less clear the white house said president biden would sign that legislation if it came to his desk. >>> the fda approved the first over the counter overdose treatment. it'll be sold as a single dose, given as a nasal spray and likely will not be available until the late is it your testimony -- the late summer back to you. >>> the markets, that pull to s&p 4k continues to roll on. all sectors in in the green led by information technology and consumer names maybe not a surprise coming off the heels of the micron and lululemon results last night let's get to bob. >> this is a b

straight over to frank holland who has got the latest movers this morning >> good morning, andrew andedex fedex one of the big movers this morning. shares moving double digits higher, more than 11% after a beat on eps, surprising eps beat, profit 25% above estimates. it raised its full year eps guidance the story was pricing power. the company able to increase revenues for ground unit margin was over what the street was looking for. for fedex, that's an efficiency metric and gave investors confidence, massive cost cutting and transformation effort is making progress. the ceo will be in new york city on april 5th for an investor event about that transformation. turning gears over to nvidia, shares of nvidia up after a morgan stanley upgrade for the chipmaker. you can see shares up almost 2%. that upgrade on the potential growth of artificial intelligence and the banks' belief that ai demand could give a boost to capex spending as they look to capitalize on investor interest in ai. the valuation is at 65 times forward earnings a look at regional banks today following that lifeline by bi

i want to thank elisia holland and for being with us and to you for watching the next time. ah ah and frank assessments this treaty provides this with this hopeful government where countries could come together and stop putting in place. the rules allow us to treat this global commons with the attention of dessert informed opinions. but the threat we should have climate change as the center of the gender and not really with shadow by the board as it has been critical debate. chinese side should we be shared with ukrainian leadership. you may talk about housing, you can talk with the inside story on al jazeera was breaking down the headlines, exposing the powers attempting to finance reporting what to, to do what to, to investigate. why didn't you off the fact that there are many during that, that sensor it will have, but you think effect on subsequent stories. the listening post doesn't cover the news. it covers the way the news is covered to suppress moderate. and in some cases, amplify the content you see on your primal. then if he has on the 02002 was the last year on global record stret

holland, i believe. now she lives in amsterdam, a stunningly beautiful city well , i don’t understand why you needed my daughter elena something happened, what the world lacks for the frankorld is the realization that you are a member of the society here, you can develop and realize yourself any data about a person should be collected only to the extent necessary to achieve a specific goal. that's when we talk about fusion. we must take into account the fact that this will affect everyone. i think it's short. it is rather an honor to be useful to the motherland and i want to do my best, i really wanted to hear this project. nothing personal. watch the new releases on the channel belarus 24. what do you think, can a guy grow flowers, my flowers are everything huge, hello, today? i want to tell you about my florarium. we discover so the life purpose to inspire all despised and all laughed rude. how does a boy do flowers? and i was also the captain of the team. i was in a braid, like a white crow. is it possible to open a zoo in the village to us like they did right away? let's make a manor game. let's put a bathhouse, and that's it, but we didn't say anything. what is it,