joumanna has been at the bank of england all morning.o jo joumanna, it will be a busy day and a surprise >> reporter: to your point, arabile, the market was split for 25 or 50 the bank of england did surprise hawkish then with 50 basis points we see a different picture today from june with the inflation data which is surprising to the downside before june, you had two consecutive inflation prints really surprising on the upside coming in much hotter than anticipated. since then, we have seen moderation go. the headline rate is 7.9%. core inflation is still sitting at 6.9%. this is above where it needs to be to be consistent. in order for the bank of england to put pressure on, they have to go larger with a 50-basis point hike i would add to that the bank of england will release the updated inflation and growth forecast. let's keep an eye on those of the analysts are talking about the balance sheet as well. the bank of england has been ahead of the curve in terms of reducing the size the balance sheet. they have 80 pounds of reduction fro

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines >>> shares plunge with italy's biggest banks post numbers. >>> and the biggest decline posting 14% in july damping the prospect of an economic rebound. >>> glencore hit by a pull back in commodities prices. easing inflation and policy support should help in the second half. >>> and softbank surprising with a loss despite son returning amid tech sector gains >>> let's get straight to it european banks in focus after the italian government decided to impose a surprising windfall tax on net interest income for the italian lenders. you see it is dragging down the sector unicredit is one of the best performing stocks not just in the ftse mib, but the stoxx 600. it was up 700%. unicredit down 5%. really, really sharp moves d downwards in the italian banks this was a surprise to the investment community and banks and i was speaking to the unicredit a coueo a couple week ago. the government has come out with the measure. i would say a lot of it is down to the fact that

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines. >> a bumper day in germany with the index increasing in early trade, but siemens misses the quarter forecast on falling consumer demand. >> this was impacting our business we had a strong order in stake the previous quarter this is the reason for the slowdown revenue still going. we will see how this develops. >>> the second quarter sees europe shine with the sector moving 2%. premiums will stay elevated to combat inflation. >> there is inflation pressure, but we have rate increases and those are we have the ben pefit from investmt income. >>> and we await the latest inflation print with the federal reserve possibly looking to the end of the hiking cycle. >>> and disney revealed a larger than expected subscriber loss. bob iger pledging to sharpen focus. >> we are prioritizing our brands and franchises and rationalizing the volume of content we make and what we spend and what markets we invest in >> good morning. welcome to "street signs." let's kick off with da

>> joumanna, you are being kind.ere is no transparency that has to also be sorted you know, this is not brain surgery. at the end of the day, you are in front of the camera i spent my life behind the camera i spent my life as a freelance person when i succeed, several of my movies were received well. i expect to get a reasonable cut on the back end of the filaml film i think most of them thought they would get bought and the amount of money would be significantly higher if they owned all their rights i don't think you can say this with the simysimilar situation residuals will get sorted. a.i. will be the lawyer's paradise >> finally, lord puttnam, we had an incredibly stellar career with oscars and baftas and golden globes. what are you most proud of so far? >> i think the work in education, tanya, i'm proud of i'm still doing it the industry has grown in the 40 or 50 years i've been in it. i don't think the attitudes of training and skills has moved as quickly as everything else we will move into the immersive enter

i'm joumanna bercetche. >> and i'm julianna tatelbaum. these are your headlines. >> china seeks to stem a slump in the proxy sector, but defies expectations and calls for more stimulus cutting the loan prime rate and leaving the five-year rate unchanged. >>> natural gas prices surge as un union leaders warn of strikes with platforms offline as soon as september 2nd. >>> german producer prices ease back in july for the first time in two and a half years thanks largely to cheaper energy costs. >>> u.s. treasury yields jump with the 30-year treasury going to a high and this leaves jackson hole to end the hiking cycle, but keep rates higher for longer. >>> good morning. it is a special monday because i'm joined by julianna tatelbaum. >> we're back together. it feels like ages. >> stop going on holidays. >> i know. same to you. so nice to be back together. >> good to being back. did you have a restful time? >> it sounds more restful than you. >> it was busy. >> we thought august was quiet. u.s. numbers better than expected. slightly hawkish fm

joumanna and i discussed it on the show.re seems a lot of factors have contributed. >> one with ofof the key things% treasury yields. i think the fitch downgrade was the catalyst, not the cause. that will not drive treasuries high for that long, but it highlighted the worries and that is discussed at jackson hole at debt levels. go back to the global financial crisis. that was a debt problem. eurozone was a debt problem. we have higherdeficits. it has to be a risk premium and that is part what have we are seeing. >> i would reframe it as a debt problem. now what you are beginning to see is the growth profile for all of the economies. look at europe, the pmi numbers were terrible. china. we are beginning to see a downturn there. does that make you worried about the outlook for what may happen in 2024? >> not yet. for the u.s., certainly there is room for growth to be strong. we want to remember the long-run potential growth for the u.s. is 1.5%. we are above the rate. there is room for the u.s. to slow, but have positive grow

i'm joumanna bercetche and these are your headlines ubs shares pop as the lender tears away the governmentafety net saying it has already repaid billions in emergency loans issued after the takeover of collapsed rival credit suisse. >>> and uk gdp grows by 2% with upward pressure to continue hiking rates to cool down the british economy pushing sterling and gilt yields higher. >>> the soft july u.s. inflation print sees the highest week as markets now decide the fed is all but done with hiking rates. >>> and x corp's linda yaccarino has full autonomy and tells cnbc in the exclusive interview that major advertisers are returning to the platform. >> as we go through the plan that it stuck with us and brands coming back. >> are they coming back? >> coca-cola, visa, state farm c they're coming back. >>> good morning welcome to "street signs." it is friday i'm going to bring you breaking news that we have from the monthly report this is the oil report i'll bring you the major headlines which have come through. mainly the iea says global oil demand is still set to expand by 2.2 million barrels a

i'm joumanna bercetche "worldwide exchange" is coming up next.hipstation saves us so much time it makes it really easy and seamless pick an order print everything you need slap the label on ito the box and it's ready to go our cost for shipping, were cut in half just like that go to shipstation/tv and get 2 months free ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! that's what i'm talking about. [ cheers ] running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. >>> it is 5:00 a.m. at cn

i'm joumanna bercetche. >> i'm julianna tatelbaum.hese are the headlines. >> ubisoft announces it will sell the non-european streaming rights to get the deal past regulators. >>> the countdown is on. a.r.m. is setting the stage for the nasdaq listing which would be the largest since alibaba. >>> and a global rally taking on the positivity from the markets in the u.s. >>> south africa welcomes leaders of the bric nations as they look to expand the leadership to the west and g7. >>> welcome to "street signs." let's get to the top story. microsoft and activision struck a deal to acquire the games maker after the regulator confirmed the blocking of the original proposal for the call of duty developer. it opened a fresh investigation of the restructured deal and it can be completed by the october deadline. there is a look at ubisoft shares up 6% on the news. here is where we stand right now. the listing of microsoft for frankfurt with little change. let's bring in arjun with the major news from microsoft. >> the uk regulator initially bloc

joumanna just spoke to the ceo of abb. explain what he thinks is going on with china and speak to it more broadly about the company. >> reporter: yeah. i think it's worth it taking a step back. abb is one of the largest engineering companies in switzerland. they've got their hands involved in very different areas. you can think of it as a more pro cyclical business, the ups and downs what's going on in the real estate industry and construction industry. as a function of that in times of an economic downturn when the sector is coming under a slump as we're wtsing right now in europe, that part of the business is going to be exposed. but when you think of ore parts, robotics, electrification, those are the areas of abb that are more structural ain what's happening cyclically in the economy. when we sat down for the interview, one of the things i asked him is how is the company actually doing given both of those things are coming together right now. we are witnessing a global manufacturing downturn, but at the same time these

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines this morning. >> profits plunge 40% for aramco the oil giant proposes a bumper dividend and says supplies will remain adequate ass saudi arabi continues the oil path. >>> and end of hiking after steep losses and u.s. futures point to an upbeat open as cooler numbers marks the fed has reached the end of the hiking cycle. >>> and siemens has a net quarter loss the ceo tells cnbc it will take years to work through the challenges >> keep in mind the charges are provisions for the future. we expect this over the next year to evolve and it will take us two-to-three years to work through this of >>> and berkshire jumps to $150 billion with warren buffett posting a 7% rise with chevron paying off for the oracle of omaha. >>> very warm welcome to "street signs" and special because it is the first time in over a month we're back together. >> we calculated it. five weeks we haven't done the show together. >> i missed you. i missed the show. >> it feels good >> with that, i

i'm joumanna bercetche >> i'm julianna tatelbaum and these are your headlineses. >> asia looks to closehe week on an upbeat note with hopes that jay powell will keep higher rates at jackson hole. we will have the speech at 4:00 p.m. today >>> fed policymakers split if they reached the end of the hiking path. patrick harker takes a dovish stance >> i'm in the camp of let the restrictive sense play out for a while. that should bring inflatio down >>> stop the clock shares and watches in switzerland plunge after rolex acquires the company. >>> and donald trump surrenders in georgia fourth arrest in five months as he poses for the first ever mug shot of the first former u.s. president before posting bail. >>> happy friday warm welcome to "street signs. let's have fresh efo numbers the climate index number has come in at 85.7 for the month of august that is below 86.7 in terms of current conditions, the index has come in 89 in august the reading990 the more forward looking component here has come in at 82.6 in august against consensus of 83.8. the he can expectation index ist of all for the

joumanna, thank you very much. joumanna bercetche live in our newsroom. >>> we're going to stick with europe. they have decided to take a fresh look at most's restructure proposal to acquire activision blizzard. they're adding ubisoft entertainment into it. a decision is expected to come by october 18th. i spoke with the cfo yesterday about the new terms of the deal which she called substantially different. >> microsoft today announced a restructured deal which appears to be quite substantially different deal, in particular it means that microsoft will no longer be acquiring the cloud streaming rights in relation to all of activision's games. that will be sold separately. we have announced today a start of a new deadline with october 18th the date for the review. >> i'm joined by the head of investment research at global data. cyrus, good morning. >> hi, frank. >> let's talk about this for a minute. do you believe giving ubi sp soft the rights -- we're talking "call of duty" and "candy crush," is that enough? >> as

i'm joumanna bercetche. >> and i'm julianna tatelbaum. these are your headlines. >>> european markets shrug off disappointing pmi data in france and germany. where business activity contrasts at the biggest pace in three years and european yields drop off sharply. >>> the 10-year treasury yield in the u.s. nears a 16-year high has investors bracing for a potentially hawkish message from jerome powell ahead of this week's jackson hole summit. >>> nvidia pulls back with options traders eyeing potential double-digit moves in either direct on the back of its highly anticipated earnings report due today. >>> and the republican party confirms its lineup for tonight's first primary debate with one notable absentee as donald trump says he will surrender to authorities in georgia on charges of trying to overturn the 2020 election. ♪ >>> well, good morning, everybody, and welcome to "street signs." we are just getting some key data for the month of august for the year. now we just got the flash pmi numbers. those came in much lower than where we we

. >> eunice, the dollar against the yuan is moving higher eunice yoon, thank you let's go to joumanna bercetche in the london newsroom with the latest market action on the european continent i see a lot of red, joumanna >>> that's right, dom. overnight, markets have been tracking closely all of the news coming from china. initially, the reaction was more negative within the last hour, it has emerged with the pboc cut the short-term interest rates. that gave a floor to the price anxious. shanghai ended the day 7 basis points from the floor. hang seng down 1%. a lot of focus was on the property sector as eunice was saying we have seen a lot of green in the nikkei up .50% we are finding the gdp number for the quarter came in at the growth rate of 6% annual blasting through the expectations in europe, the mood is subdued all of the indices in the red. ftse 100 is down 1.2%. this is reaction to the strong wage data we got this morning. putting pressure on the bank of england. the markets were quick to re-price the hiking profile from the bank of england. cac 40 is down 1% as well. i want t

eastern time today joumanna bercetche is at the bank of england and filed this report >> reporter: theof england is expected to hike by 25-basis points today the market is split on whether they will go for a 25 or a 50-basis point hike. there is a 30% chance of the 50-basis point hike priced into the market the last interest rate move means we have seen a surprise to the downside on the cpi headline number coming at 7.9%. this is the first downward surprise since january with analysts thinking this time around they will go for a lower increment on the hikes of 25 points core services is running strong with inflation and that is why the pressure is on the bank of england. another thing to watch is the qt envelope there could be an increase of that envelope up from 80 or 90 that is something to watch >> thank you very much, joumanna bercetche. >>> ahead on the show, one word every investor needs to know, but a bonus round of big money movers p paypal beating forecasts the stock is under pressure by 8.5% >>> shares of ev go with a quarterly loss more customers are using the charging netwo

we have more from joumanna >> good morning, frank we saw the weaker economic data from china which set the tone for european markets which opened in the red. the main piece was the announcement from the italian government which caught people by surprise. you see it ftse mib is lower down by 2.2% today the others were lower based on the links to china let's start with the italian sector this is one of the worst days we have seen. unicredit is down 5% these banks had a very solid run year to date unicredit was up 70% before the pullback today the reaction in the market tells you this was very surprising and really impact the outlook for the distribution and returns investors were getting buying into the banking stocks. a surprise for the european markets which sets the tone, frank. >> the headline is about the italian banking space, but do we expect an impact in the broader european banking space >> the picture is similarly negative perhaps not as much as negative price action for the italian banks. you see it here across the french banks which are down 2% to 3%. deutsche bank, one we fo

investors are slhrugging off thi stock. >>> thank you, joumanna. country garden is slowing in hong kong and bringing in an issue to the real estate sector. let's get out to eunice yoon in beijing with more on the drop in that stock real estate is important which it is an important part of the economy. it is important to china can you take us through what it me means, eunice? >> reporter: this is one of the very few ways, dom, of which people can invest money. you mentioned country garden this was a cash rich developer over the weekend, it would suspend trade in 11 onshore bonds. this is after missing bond payments to the tune of $22.5 million. morgan stanley cut the stock to under weight and moody's downgraded the developer after the company burned through $7.6 billion in the first half of the year the developers are reporting financial issues that is adding to the jitters. state-owned jinmao expects to see an 80% fall in the profit in the first half another state-backed developer said it missed interest payments and suspended trading for 6% guaran

let's see how europe is shaping up with joumanna bercetche live in the london newsroom. joumanna. >>> good morning, frank. asian markets took the cue from the u.s. stock markets. all trading in the red toward the end of the session. shanghai is down .60%. still in correction territory. hang seng down 1.4%. some key tech names coming under pressure. nikkei is down 2% today. seeing low are price action in technology and retail stocks and the likes of softbank dropping 3.1% despite lower than expected tokyo core inflation prints coming through. here in europe, we are bucking the trend and you can see that it is a full sweep of green across the indices. gains with the ftse 100 up .30%. you were talking about what is happening with energy prices. whenever that happens, we tend to get a boost for the ftse 100 given so many of the energy companies in the uk. miners and energy names in that index. dax is up .30%. even though we did get more did did disappointing numbers today, ifo numbers came in disappointing relative to expectation. this is the forth decline in a month. outloo

dom. >> joumanna bercetche in the london newsroom.k you. >>> earnings season is wrapping up and buybacks are pacing for the slowest quarter in a year as companies pull back on spending. pippa is here with more on that story. >> dom, buybacks are pacing to be down 36% year over year and on track for the weakest quarter since covid in 2020 according to bank of america. 11 sectors slowed repurchase shares since last year with energy companies pulling back the most real estate also seeing a drop the slowdown comes as earnings growth decelerates companies have less cash flow at their disposal the spike in rates means focus is shifting to balance sheet improvement. companies want to pay down debt rather than shoulder higher costs of t costs. there is cash hoarding taking place due to uncertainties that said, some companies are buying big attech with apple and alphat and microsoft with the most buybacks and followed by chevron and exxon. these are the largest companies, so it makes sense they top the list a different picture emerges if you l

i'm joumanna bercetche >> and i'm julianna tatelbaum.hese are your headlines >> nvidia blows past expe expectations as sales double and net income surges 800% sending shares sharply higher overnight. >>> the sentiment spills into europe with the chip makers leading gains and putting the stoxx 600 firmly in the green. >>> the brics group is set to expand for the first time since 2010 as it extends invitations to saudi arabia and uae. >>> and gop coming out swinging for the republican party's first debate as former president trump goes it alone. >> i say why am i doing it and i'm going to have eight people or ten people, whoever made the debate, all these people screaming at me and shouting questions at me. all of which i love answering, but it doesn't make sense to do it so i take that pass. >>> attention turns to jackson hole today as u.s. treasury pares back from the multi-year high as jay powell may strike a dovish tone. we are live on the ground to bring you a host of fed voices >>> good morning a lot to get through in terms of market

fill us in, joumanna. >> that's right.g their russian division for a very token price of 1 euro. the country had been criticized for not existing the war quickly enough. they've now said they're going to be selling their russian business to a manufacturing group in russia for a token amount of 1 euro. that i will be taking a 300 million eurohit on their balance sheet. over 1,000 companies have now publicly announced they're voluntarily curbing operations in russia since the war started. >> all right. 1 euro. cnbc's joumanna bercetche live from london. thank you as always. >>> still ahead on "way too early," will there be a government shutdown when congress returns next month? we'll look at the busy house calendar and whether lawmakers think they can get it all done. representative debbie dingell of michigan will join us. we'll be right back. we'll be right back. honey... nyquil severe honey. powerful cold and flu relief with a dreamy honey taste. nyquil honey, the nighttime, sniffing, sneezing, couging, aching, fever, hone

cnbc's joumanna bercetche, live from london, great to see you.early," we'll return to the latest out of the peach state as georgia officials are weighing in on donald trump's indictment and defending the integrity of their state's election pros. what they're saying as trump promises to release some sort of report that he claims will prove fraud. we'll be right back with that. we'll be right back with that. custom scans help you find new trading opportunities, while an earnings tool helps you plan your trades and stay on top of the market. e*trade from morgan stanley. (fan #1) there ya go! that's what i'm talkin' about! and stay on top of the market. (josh allen) is this your plan to watch the game today? (hero fan) uh, yea. i have to watch my neighbors' nfl sunday ticket. (josh allen) it's not your best plan. but you know what is? myplan from verizon. switch now and they'll give you nfl sunday ticket from youtubetv, on them. (hero fan) this plan is amazing! (josh allen) another amazing plan, backing away from here very slowly. (fan #1) that was j

for that let's bring in cnbc's joumanna bercetche live from london.serve meeting in jackson, wyoming, kicks off today. so what's wall street keeping an eye on? >> good morning, elise. yes, so markets are seen opening up in the green today. all of the futures are seen opening up in positive territory, this after a positive handover yesterday. we saw the s&p end the day up more than 1%, the nasdaq up more than 1.6. the vestors having watched the yields closely have come down from their 16-day highs. all eyes will be on jerome powell's speech tomorrow will be deliver on 10:00 a.m. eastern time. we'll be looking out at messaging. and inflation now in the u.s. is sitting around 2.2%. a year ago we were sitting at 8%. the messaging today needs to be a little more balanced in terms of where the fed is headed next, but a big event for anyone watching these markets. >> a major chip maker also posted second quarter results after the bell, and it didn't disappoint. can you tell us more about that? >> that is right. so nvidia who seem to be the sort of flag beare

two members backing a 50-point hike joumanna sat down with governor andrew bailey and asked how longates were remaining elevated. >> our job is to get inflation down to the 2% target. i am encouraged by the fact we have seen the move in inflation and i expect more to come this year the question for us now, of course, is what the path from here remains we remain evidence driven and look at the evidence the next time we meet i emphasize the data point that there weremany paths from here to there to the 2% target. i don't want to suggest we have one in mind. one is to follow the market curve which comes up and goes back down again. the other is the constant rate profile which keeps it where it is today both of those lead us back to target around the same timeframe interestingly. >> it looks like the european bond is trading at 4.5% for the gilt the 10-year bund is higher this morning at 2.6%. italian btb is 4.28% turning to the treasury markets. a mixed board there. yields moving lower toward the long end of the curve. 10-year is down to 4.18% we moved higher in recent days 30-year bond

a big catch-up to do. >> cnbc's joumanna bercetche, great to see you.e on "way too early," we're going to have more on the absolutely horrific wildfires in hawaii and take a look at how climate change may have fueled this disaster. we'll be right back with that. n. try boost® high protein with 20 grams of protein for muscle health versus 16 grams in ensure® high protein. boost® high protein. now available in cinnabon® bakery-inspired flavor. learn more at boost.com/tv this isn't charmin! no wonder i don't feel as clean. hurry up dad! you've been in there forever! i'm trying! this cheap stuff is too thin! i told you not to get the other toilet paper. here's charmin ultra strong. ahhh! my bottom's been saved! woooo! with its diamond weave texture, charmin ultra strong cleans better with fewer sheets and less effort. what's everybody waiting for? this? ok hon, we know you're clean. we all go, why not enjoy the go with charmin. age is just a number, and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health versus 16 grams in en

. >>> time now for business, and for that let's bring in cnbc's joumanna bercetche who joins uzlive fromres a little changed after averages drop for a third straight day. we just showed the red on the board. is it going to be a tough one ahead for wall street? >> it sounds like it, john. happy friday, though. sentiment has indeed taken a bit of a nosedive. we saw the dow and s&p on the session yesterday down 0.8% weaker. for the week as a whole all of these indices are down more than 2%, so it hasn't been a pretty one. but yesterday a lot of focus was on the health care sector. cbs health was down 8%. that offset some of the gains we saw in cisco. wal-mart as you talked about yesterday was also on focus at beating results. today, though, futures are mixed. it looks as though we are being setout for a risk off session, though. in terms of data not a lot to watch out for, but next week is going to be a big one. we've got the jackson hall meeting coming up going to be a summer camp for central bankers. >> summer camp for central bankers. i've never been invited. china's second largest prope

joumanna has big ubs earnings this morning. >>> coming up on the show, disagreements over billions ofuros of funding requests. we will bring you the details after this break. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. >>> welcome back to "street signs." let's talk through the big movers in the market this morning. nn group at the top of the stoxx 600. the stock is up 10% after reporting first half net income of 600 million euro and operating o

i'm joumanna bercetche and these are your headlines. july's fed minutes underscore officials' cautious approach suggesting the end of the hiking path may be further away than thought. driving global markets lower and lifting the ten year treasury yield to its highest since 2008. >>> norway's central bank hikes interest rates by 25 basis points. with policymakers warning of more tightening ahead. and the fight against stubbornly high inflation. >>> adyen shares plunge as they miss on first half earnings and report slower growth in north america. >> with higher inflation leading to higher interest rates, this is been a bit of a shift of focus and less focus on growth and more focus on bottom line. in the end, we've grown 23% with our digital customers. we have very limited churn. >>> and president joe biden hails his inflation reduction act one year since unveiling the landmark policy. as europe continues to reckon with volatile energy prices. the ceo tells this program that ukraine could become a new energy supplier to the bloc. >> with

cnbc's joumanna bercetche, great to see you as always. >>> a campaign fund-raiser who did work for congressmanndicted. we have details about the high ranking aide on capitol hill he impersonated in order to solicit some of those donations. that's next on "way too early." . that's next on "way too early. no fingersticks needed. manage your diabetes with more confidence. freestyle libre 2. try it for free at freestylelibre.us (fan #1) there ya go! that's what i'm talkin' about! (josh allen) is this your plan to watch the game today? (hero fan) uh, yea. i have to watch my neighbors' nfl sunday ticket. (josh allen) it's not your best plan. but you know what is? myplan from verizon. switch now and they'll give you nfl sunday ticket from youtubetv, on them. (hero fan) this plan is amazing! (josh allen) another amazing plan, backing away from here very slowly. (fan #1) that was josh allen. (fan #2) mmhm. (vo) for a limited time get nfl sunday ticket from youtubetv on us. a $449 value. plus, get a free samsung galaxy z flip5. only on verizon. mr. clean magic eraser powers through tough messes. so it m

>> joumanna with the latest numbers on slash gdp for the eurozone and uk inflation. back to this side of the atlantic, we'll take a check of u.s. stock futures as you can see in the green across the board at this hour. it looks like the dow would open up 70 points higher. we'll look at the action on the futures after the flash gdp for the eurozone the actions on the futures in the u.s. after the major av averages closed down more than 1% yesterday they were weighed down by decline in the banks and worries about china's stalling recovery. you're seeing the s&p market action right here. the s&p closing below its 50-day moving average the line you're looking at right here for the first time since the end of march we also saw the dow transports one of the big gainers in the second half of the year, the biggest laggard among the major indices yesterday, down 1.75%. it is the worst day in two and a half months. yields kind of just hit yesterday. 4.274, highest level since october. this morning, seeing the benchmark ten year declining a bit here, 4.18 we see the inverted yi