has to be cnbc, because we're actually doing business. >> you're joe kernen. >> i'm joe kernen.becky quick is here. andrew is off today. u.s. equity futures indicated down about 158 points or so, 114 on the nasdaq, and the s&p indicated in the red as well. treasuries notably this morning are different. ten-year, 4.42. haven't seen that in a while. even two-year, we were anchored under 5%. we got to 5% and a couple of basis points now. maybe eed to 5.25%. >> the bank of england out with its latest decision, leaving rates 5.25%. there was a strong expectation that they would continue to hike rates. yesterday, the day before, earlier this week, days all blend together, they got numbers of inflation that showed that inflation was cooler than anticipated. it was still north of 6%, but here is the celebration, hooray, we have conquered it and for now we're going to hold rates pat. they're going to do the same thing the fed is doing now and stop and look around to see what happens. let's get over to dom chu with a look at this morning's premarket movers. dom, what is on your radar scre

i'm becky quick along with joe kernen. andrew is off today. yes, it is still raining. four days later. >> okay. rain is a good thing. >> we're here. that's better. let's look at what is happening with the u.s. equities. right now, the dow is down by 3 points. s&p futures down one. the nasdaq off 12. last week was rough for the markets. if you look at the signs of the pressure from the outsides, people are writing stories, joe, about the industrials down t8% since august 1st. the russell 2000 down 11% with the small caps since the watermark on july 31st. it has people wondering with the small caps and industrials down, is that a worse sign to come? >> germany is in recession. china is slow there. maybe we shouldn't be surprised. the fascinating thing is people are writing articles that we could be in the first quarter of the slowdown. not negative, but a slowdown. it would be one of the things where it happened gradually and all at once. the indicators are not saying that. >> correct. >> we are hearing more and more people

i'm becky quick with joe kernen and andrew ross sorkin. happy friday, everybody. let's look at where things stand. you will see red arrows for the u.s. equities. dow futures are off 76. the s&p and nasdaq were down. s&p now indicated off 10 points. nasdaq indicated off 42 points. you are talking about four days in a row of losses for the nasdaq and three days in a row of losses for the s&p 500. a lot of that because of what is happening with shares of apple. we'll talk more about that later. $200 billion of market cap lost from the stock over the last several sessions on concerns over china. >>> let's look at the treasury market. 10-year treasury is 4.24%. 2-year treasury at 4.93%. in asia, stocks in japan fell by 1% after the disappointing gdp data. stocks in china were relatively flat and trading for the session in hong kong canceled because of the black rain storm warning. hong kong saw the heaviest rainfall since records began 140 years ago. you could see cars submerged here which is a really big issue. shutting down trading. >>> david solomon speaking to davi

i'm becky quick along with joe kernen andrew is off today.o far you've got green arrows these are moderate advances. dow futures thisern mooing indicated up by about 56, the s&p up by 7, the nasdaq up by 30 as joe mentioned, you've got that fed meeting coming up today, the fed decision coming upping and that's what everybody is waiting to see, even when you look at the market it looks like the 10-year is sitting above 4.3% the 2-year well above 5% then you've got crude oil prices that are creeping closer and closer to $100 actually this morning they're off by 1%, back to 22. it was around $93 yesterday. a lot of concerns over at goldman sachs. they're suggesting they they 12 months from now the price will be $100 for a barrel of wti. >> we've been talking about this it would filter through, but the -- you know, it depends on how you believe. there's two sides to everything, it seems like. i could debate either side it does hurt demand. we're going to be about $4 a gallon and that may cause people to rein in spending on other things it's defla

i'm becky quick along with joe kernen and andrew ross sorkin. the gang's all back together. >> barely. >> we are all here let's look at what is happening with the u.s. equities at this hour you will see right now some red arrows across the board after the gains from the close yesterday. dow futures are down 154 points. s&p futures down 23. the nasdaq down 87 if you look at treasury yields, this could offer insight as to why we're seeing the declines today. that has been driving things for a while. the 10-year treasury at 4.51 the 2-year treasury at 5.12. it has been higher yields to this point that have been putting pressure on stocks over the last week or two. >>> let's talk about what minneapolis fed president neel kashkari has been saying because he was speaking at the wharton school of business kashkari saying if the economy is stronger than we realized on the margin, then that tells me rates would have to go a little bit heiigher and held higher to cool things off. we will talk to him about that directly he will join us live in the 8:00 hou

i'm becky quick with joe kernen and andrew ross sorkin.ing out right now, it looks like the u.s. equities are looking up. dow futures up 135 points. s&p indicated up 20. nasdaq indicated up over 100. a big part of this and

i'm becky quick along with joe kernen andrew is off today.e got green arrows these are moderate advances. dow futures thisern mooing indicated up by about 56, the s&p up by 7, the nasdaq up by 30 as joe mentioned, you've got that fed meeting coming up today, the fed decision coming upping and

i'm andrew ross sorkin low with becky quick and joe kernen.n new york city. lots of rain as climate week begins, u.n. assembly. dow up about 15 points higher. nasdaq up about 12 points higher and the s&p 500 up about 3 points. let's show you treasuries as well. the ten-year note sitting at 4.35, but you're looking at the two-year over 5 now, 5.060. oil when you think about wti crude you're looking right now at 91.98. so continues to move higher and then crypto to the extent that that's a barometer of risk on or risk off, you're looking at bitcoin sitting at $27,000. it's actually continuing to make a move higher quite recently eth up as well. >>> a couple of quick headlines, instacart plans to go public this week. on friday it raised its ipo price range to 28 to $30 a share aiming for a valuation of up to $10 billion. it plans to offer 22 million total shares and it could raise up to $660 million in that ipo. soft bank is reportedly looking to invest billions of dollars in artificial intelligence following a windfall from the blockbuster ipo o

i'm becky quick along with joe kernen. andrew is off today. it is friday. part of the week. not just us, but investors at this point maybe done with the week. >> terrible day yesterday. >> s&p had the worst day since march. if you looking at the week to date losses, the dow with modest advances. up 21. nasdaq up by 64. if you are talking week-to-date, s&p is

i'm becky quick along with joe kernen and andrew ross sorkin. okay.he good news is we got through yesterday. it was a bit of a route in the markets yesterday. if you want to look at the u.s. equity futures this morning, you're going to see right now some green arrows, as joe mentioned. dow futures up about 57 points. it comes after a down day for the markets. the dow was down by about 388 points. that was its worst day since march but on a percentage basis it was the best performer or the three major indices. the dow industrial down by about 1.1%, the s&p and the nasdaq down by about 1 1/2%. if you want to look at things month to date, we are on track for the worst month of the year, if you're looking at the s&p, if you're looking at the nasdaq. if you're looking at the dow tr transports. the dow industrial is off by 3.1%. s&p down by close to 5.2%, and the nasdaq is down by about 7%. the russell 2000 has fared much worse, down 7 1/4%. dow transports are down by 5 1/4%. >> you got admit the irony of 90% of the people we talked to finally threw in the

i'm becky quick with joe kernen and andrew ross sorkin. although it is raining out right now, it looks like the u.s. equities are looking up. dow futures up 135 points. s&p indicated up 20. nasdaq indicated up over 100. a big part of this and yesterday's gains related to treasury yields tapering off. coming back down after really watching them march higher. above 4.6%. 4.54% is the yield for the ten-year treasury. we have seen calming down at this point of yields. we will see where that continues. >>> late last night in washington, let's talk what happened. republicans passed three of four spending bills in the house and a push to avoid the government shutdown. let's go to emily wilkins in d.c. with more on it. good morning. >> reporter: good morning, andrew. you are right. there was a little bit of victory for house republicans. let's be clear, congress has no plan to fund the government before sunday at midnight. that means we are looking to have a shutdown at this point. the house and senate on looking to have progress today to keep any

i'm becky quick with joe kernen and andrew ross sorkin.quities this hour. you will see red arrows. this is after the up day across the board. dow seeing three sessions of being higher. dow off 67. s&p down 11. nasdaq off 35. if you are watching what is happening with the treasury market, you saw activity with yields yesterday. especially with what you have been hearing from japan and other places. right now, the 10-year treasury is yielding below 4.3%. the 2-year treasury is

i'm becky quick with joe kernen and andrew ross sorkin let's see how things are shaping up with the u.sard. yesterday, all three of the major averages closed up by a couple of points in each case. dow futures this morning indicated up 36. s&p futures up by 6. nasdaq up by 25. quickly, treasury yields yesterday. you had the 2-year treasury above 5% it is still there. 10-year treasury is above 4.3% as

i'm becky quick along with joe kernen. andrew is off today. yes, it is still raining. >> we're here. that's better. let's look at what is happening with the u.s. equities. right now, the dow is down by 3 points. s&p futures down one. the nasdaq off 12. last week was rough for the markets. if you look at the signs of the pressure from the outsides, people are writing stories, joe, about the industrials down t8% since august 1st

i'm becky quick with joe kernen and andrew ross sorkin. happy friday, everybody. things stand. you will see red arrows for the u.s. equities. dow futures are off 76. the s&p and nasdaq were down. s&p now indicated off 10 points. nasdaq indicated off 42 points. you are talking about four days in a row of losses for the nasdaq and three days in a row of losses for th

i'm becky quick with joe kernen and andrew ross sorkin. it is friday.you will take a look at the u.s. equities and how sthey are shoring up. this comes after the dow's best day. s&p futures up 4. nasdaq indicated off 13 points. we are talking about all three being up for the week to

i'm becky quick along with joe kernen and andrew ross sorkin.all here let's look at what is happening with the u.s. equities at this hour you will see right now some red arrows across the board after the gains from the close yesterday. dow futures are down 154 points. s&p futures down 23. the nasdaq down 87 if you look at treasury yields, this could offer insight as to why we're seeing the declines today. that has been driving things for a while. the 10-year treasury at 4.51 the 2-year treasury at 5.12. it has been higher yields to this point that have been putting pressure

i'm becky quick along with joe kernen and andrew ross sorkin.is is after the down week for the s&p and nasdaq. the first time we have seen a negative week for those two averages. sharply higher moves this morning. if you are watching the treasury

i'm becky quick with joe kernen and andrew ross sorkin

i'm becky quick with joe kernen. andrew is off today. here we go. the morning after the fed.s morning if you look at what is happening with the u.s. equities at this hour. we are looking at triple digit losses for the dow and nasdaq. dow off 130. nasdaq down 107. the s&p is off 24. that could be because the fed is indicating one more rate hike or

i'm becky quick along with joe kernen and andrew ross sorkin.now if this is 12 or 13 years at this point. >> what are we up to >> 13 years. >> lucky 13. delivering falph

i'm becky quick along with joe kernen and andrew ross sorkin. we see modest pullbacks.ow future's off by 2. the nasdaq by 43. guys, accept is above 4. that was the close yesterday. stocks were down in yesterday's

i'm becky quick along with joe kernen and andrew ross sorkin. the numbers are down.e off by about 22 points, s&p 500 off by 2 and the nasdaq off by f, and if you're watching the treasury market like we are, the 10-year is yielding back above 4.3%. andrew? >> meantime

i'm becky quick along with joe kernen and andrew ross sorkin. it's monday.e if you're trying to get through traffic this week. yeah. that's what mondays will do to you. well, let's check out what's happening with u.s. equity futures. >> nothing. >> mostly green arrows. >> nothing. >> but the dow giving back what had been green arrows five minutes ago. s&

i'm becky quick along with joe kernen and andrew ross sorkin. okay.te in the markets yesterday. if you want to look at the u.s. equity futures this morning, you're going to see right now some green arrows, as joe mentioned. dow futures up about 57 points. it comes after a down day for the markets. the dow was down by about 388 points. that was its worst day since march but on a percentage basis it was the best performer or the

i'm becky quick with joe kernen and andrew ross sorkin. here we go, folks. it's thursday. lots happening this week. if you check out the futures, they are higher. dow futures up 90 points. s&p futures up 12. nasdaq up by 50 points. this does come after gains for all three at the major averages yesterday. treasury yields have picked up a little bit. we have looked at the 10-year treasury above 4.3%. now at 4.26%. 2-year treasury has been just at 5%. it is at 4.98% right now. >>> let's update you on the looming auto workers strike. shawn fain said the union and automakers are far apart ahead of the likely strikes. the strikes would begin at an limited number of locations. an all-out strike is still a possibility. fain providing clarity with talks with each of the big three. ford offered a 20% raise followed by gm at 18% and stellantis at 17.5%. the union has been pushing for a 40% wage increase. in the meantime, a bitter battle of words with jim farley saying fain's accusation saying they are not negotiating and not showing up at the bargaining table. he was supposed to be t

i'm becky quick with joe kernen and andrew ross sorkin. let's look at what is happening with the u.s. equities this hour. you will see red arrows. this is after the up day across the board. dow seeing three sessions of being higher. dow off 67. s&p down 11. nasdaq off 35. if you are watching what is happening with the treasury market, you saw activity with yields yesterday. especially with what you have been hearing from japan and other places. right now, the 10-year treasury is yielding below 4.3%. the 2-year treasury is really 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 i

i'm becky quick along with joe kernen and andrew ross sorkin. the numbers are down.ow futures are off by about 22 points, s&p 500 off by 2 and the nasdaq off by f, and if you're watching the treasury market like we are, the 10-year is yielding back above 4.3%. andrew? >> meantime a spokeswoman for china's foreign ministry addressing the recent headlines about restricting foreign branded mobile devices. in a regular briefing she said, quote, we notice there've 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. we're going to have a lot more on that in a couple of minutes. the difference between use and purchase is a big difference. >> if you can't use it. >> yeah. >> i think this is why they call it news. new overnight the eu

i'm becky quick with joe kernen and andrew ross sorkin. it is friday. we made it to the end of the week. you will take a look at the u.s. equities and how sthey are shoring up. this comes after the dow's best day. s&p futures up 4. nasdaq indicated off 13 points. we are talking about all three being up for the week to ate. nasdaq indicated up by 1.2% for the week to date for what we have seen. look at the treasury market. you see treasuries here with 10-year treasury at 2.3%. wti climbing above $90 a barrel. right now, $90.43. of course, we have seen big news in other places. >>> new overnight, positive data on china recovery overnight. retail sales raising 4.6% in august. the unemployment rate ticking down by .10%. china's central bank cut a short-term lending rate one day after it lowered the reserves the commercial banks need to hold against deposits. that will free up funding to lend to houses and businesses sdpbusinesses. >>> i'm happy we have this guy around. phil lebeau. it he iis interesting, the phil. you are in detroit. i saw you talking to on

i'm andrew ross sorkin with joe kernen and mike santoli is here hanging out for becky who is still off today. let's show you u.s. equities at this hour. we have a little bit going on. not too much just yet. the dow off 27 points. nasdaq opening down 58 points. s&p is off 9 points. treasury yields with the 10-year treasury is sitting at 4.224. the 2-year treasury at 4.910. have you noticed we flipped that board around, joe? >> the oil prices? >> no. the treasury board. that board, we used to run the 30-year treasury. the 30-year at the top and 2-year at the bottom because the way the world used to work. now the world is flipped upside down and here we are. >> that is a good metaphor. mirror what is happening. you remember, andrew, years ago where were you on the show or before when greenspan said it. it's back. combine the 2-year. >> the 30-year used to be the one to watch. >> exactly. we should have done 100 about a year and a half ago. would that have worked? >> it would have worked, but the treasury cannot issue that much at the low maturities. the market cannot accept that. is it re

i'm becky quick along with joe kernen and andrew ross sorkin. this is it delivering alpha is a big deal i don't know if this is 12 or 13 years at this point. >> what are we up to >> 13 years. >> lucky 13. delivering falpha all day. if you want to look at what is happening in the u.s. equities this morning, you will see green arrows dow up 25 points right now you have the nasdaq up 1 the s&p is up 4 points it is a complicated month. you have most of the major averages on track for the worst. dow down the last six of seven sessions a lot of questions about what comes next and comes from the fed. is a recession coming? will they land softly? it is an interesting use of the word interesting above 4/6 the inversion widened a bit. we will see what happens today crude oil prices surging to the highest level in over a year we are talking above $93 brent at $96 a barrel. all of these questions mean what does it mean for inflation with energy picking up? >> the crude is off the highs of the session. above 95 here. not brent. it is a tricky time. do you th

i'm becky quick with joe kernen and andrew ross sorkin let's see how things are shaping up with the u.s. equities. green arrows across the board. yesterday, all three of the major averages closed up by a couple of points in each case. dow futures this morning indicated up 36. s&p futures up by 6. nasdaq up by 25. quickly, treasury yields yesterday. you had the 2-year treasury above 5% it is still there. 10-year treasury is above 4.3% as well. the real story has been energy prices let's look at what is happening with wti right now it is at $92.50. yesterday, it closed at the highest level in ten months. check it out right now highest level since november 7th of last year there is bitcoin which is back above 27,000 we noticed this yesterday toward the end of the show. it was trading at these levels higher this morning at $27,319. >>> let's get you updated on the uaw strike shawn fain looking to expand the strikes if the deal is not reached. here is the video he posted on x. >> if we don't make serious progress by noon on friday, september 22nd, more locals will be called on to stand up an

i'm becky quick along with joe kernen and andrew ross sorkin. we see modest pullbacks.&p down by about 9 points. the dow future's off by 2. the nasdaq by 43. guys, accept is above 4. that was the close yesterday. stocks were down in yesterday's sessions. the dow closed lower by about 00 points. s&p fell by 0.4%, again, a close above 4500. nasdaq was virtually flat, down by 11 points. if you've been watching treasury yields, you have seen a bit of a pullback. the 2-year is at 4.9%. the 10 year is down. crude oil prices have hit their highest level yesterday since november of last year. you're still talking about brent crude at the point just below $90. it's at $89.52, but it touched above $90 in the session. and then the dollar at its highest levels since yesterday, march 15th of this year. you can see the dollar off ever so slightly. >>> meantime let's talk about amazon's legal team not offering concessions to the federal trade commission to pursue a settlement over antitrust claims. this clears the way for the regulator to file a salawsuit later this month. it looks at

i'm joe kernen along with becky quick.>> along with becky quick. >> no. i'm just thinking, strikes, $90 oil, ukraine, possible government shutdown. what happened in the '50s. do you remember the '50s? >> no, i don't. >> i don't either but i remember "leave it to beaver" but they didn't have all these problems. eddy haskell was the biggest problem. interest rates are going up. the bond market is going down. >> happy friday. >> that's the only good thing. think about all -- lucky we're in the news business. >> well, lucky, except you get a front-row seat to all these problems. maybe that's the problem. >> strikes at hollywood. strikes at uaw. this is a serious one at uaw. >> and a potential government shutdown. >> no pandemic. for now. we have that going for us. interest rates are at 14-year highs. mortgage getting more and more expensive. groceries, if you can't pay your rent, you can't buy groceries. >> gasoline. >> gasoline. you see what i'm saying? >> and there is no pandemic. >> you're going to fall back on having a cou

i'm becky quick along with joe kernen and andrew ross sorkin. looking at dow futures which is up 107. s&p up 22 and nasdaq up 100. this is after the down week for the s&p and nasdaq. the first time we have seen a negative week for those two averages. sharply higher moves this morning. if you are watching the treasury market, you will see it looks like the 10-year treasury is sitting just at about 4.29%. the 2-year treasury is below 5% at 4.99. last week, the transports did see the worst week since march. if you worry about things like that, the downturn, the russell 2000 broken. the dollar is now looking at its longest winning streak in terms of weeks. weekly winning streaks since 2015. a lot of things to watch this week. >>> we are watching shares of alibaba, talking about kicking things off, after the company said in the surprise move its ceo daniel zhang planned to step down this month. stepping down as chairman and ceo of the cloud business in june. alibaba said he was going to be departing as the ceo of alibaba group to focus on the cloud u