is this a war on wall street? to crack down and change the rules of the game? >> hedge funds are taking it seriously. i have talked to a number of them. they are rethinking their investments, in part because of what this group means for the market. you heard it from gabe plotkin, the head of marvin capital, one of the funds that lost the most money. in the hearing before congress, he said he is rethinking business and they will perform differently. the bigger question here is what the s.e.c., if anything does. they're reviewing this right now. and they have to balance giving people like arya the opportunity to make these style of investments with protecting people like arya from a world where if he were to lose everything, it would be incredibly costly. and that's going to be the balancing act for regulators going forward. >> well, so much food for thought. thank you, arya. congratulations and good luck in the future. rj, thanks for joining us. >> thank you so much for having me. >> thanks, juju. >>> up next, shar

it's been a wild week on wall street stocks pairing early losses as the rise in treasury yields takes a breather the yields on the 10-year above 1.7% wild week for oil, as well the commodity bouncing back after tanking yesterday. we'll look at the crude reality. >>> later, a fiery exchange between china and u.s. reps last night as tensions remain high. we'll tell you the companies that could get caught in the cross fire of chinese/u.s. relations. "power lunch" starts right now >>> welcome to "power lunch. two hours left in trade and two big names are weighing on the dow right now. visa down about 5% following reports that the doj is investigating it over anti-trust concerns surrounding the debit card practices and nike falling nearly 4% after blaming supply chain interruptions and tesla the poster child of momentum stocks down again today. ending an ugly week down about 28% from its record high but it is not all bad news the nasdaq heavyweights, facebook up 4% as the ceo says the tech giant will benefit from apple's privacy changes and we are monitoring reports that faceboo facebook,e

this is wall street first, administration, a wall street first sec chair, unfortunately i think, thickaddy 75 from the reddit board looking at wells notice than some of the larger hedge funds. >> that is a shame. mike, eddie, gary, love it when you guys start off the show especially during this wobbly period right now. talk to you real soon. >> thanks, charles. >> amidst the border surge president biden still doesn't think there is a crisis. >> do you have a briefing about the border today? >> yes, i did. >> what did you learn? >> a lot. >> is there crisis at the border? >> we'll be able to handle it. charles: you can bet texas congressman lands gooden has a lot to say. he will sign off shortly. despite warnings, democrats big spending plans risk overheating the economy. now most new findings show that most states don't need any money. they don't need 170 billion-dollar bonus. what exactly is going on here. we'll dive into it next. research shows that people remember commercials with exciting stunts. so to help you remember that liberty mutual customizes your home insurance, here's som

wall street bets is a brand knowledge center you will learn more in wall street bets than you will learnferent things because you'll just see a lot of the mentality and a lot of the morals that come with good investing reflected in wall street bets and even though there are some rash and crazy bets that people do, whether it's throwing a million dollars at gamestop when it's trading at $400, there are much better and much more sound investments that occurred in the past, right? wall street bets first on coronavirus and what its impact would be to the economy. they were huge on tesla for such a long time. a&d, so many different stocks that have really propelled themselves in the past year or two years or three years and honestly, wall street bets is a very underrated resource that is now really catching fire with gamestop, amc with blackberry, nokia and many others and i think there's a lot to gain from being in that community. in addition, investing becomes very fun it's a community of individuals that aren't just about, where do i put my 401(k) or my ira? it is also about crazy phenomen

anyway, wall street was lower on the day.n dollars to build two new semiconductor factories in arizona, as it attempts to woo customers like apple during the global chip shortage. shares of asian chipmakers — tsmc and samsung electronics — fell after the announcement. joining me now from our asia business hub of singapore is mariko 0i. the chips are down in asia! that's right. shares down as much as 4%, still trading lower by about 3%. and samsung down by about 3%. and samsung down by about 3%. and samsung down by about i%. this announcement by about i%. this announcement by in intel. the time an economy minister trying to downplay the impact, plans to build a factory in arizona back in may. what's significant is this announcement by intel coincides with how american and european leaders have been voicing concerns about too much concentration of chip—making entire ban, especially given tensions with china. and if you remember a month ago, president biden signed an executive order in particular to address the global chip short

and the wall street pros basically saying this company is deadon ad the company will be bankrupt and so they were shorting the stock so effectively it became a short squeeze where the stock was going up and the wall street people were losing and the fact that people who were long on the stock were trading on robin hood was, you know, fitting of the story as the wall street hedge fund billionaires lose money for the small time investors and so it captivated the public's attention. we dig down into what are the mechanics behind it and some of it is free speech and can you say on a reddit thread things that you could say on a bloomberg terminal or to get special status if you use a bloomberg terminal on wall street? and what are the market dynamics that produce this. as robin hood ceo highlighted settling in the data and the trade two days later creates an inherent problem that a lot of the market participants and the traders and if it fromm and investors in actual companies that are trying to execute these trades would benefit from getting to t0 so you have clarity and potentially don'

money is created by wall street. the treasury department does not create your money, of the federal reserve system does not create money, wall street does. that's the fundamental explanation that economists and mass media and congress does not want to explain. the constitution says the congress will coin money. read it in the constitution. in 1913 under the federal reserve system, congress abdicated that right and gives it to this so-called fed institution, of the 12 federal reserve banks are owned by wall street, that is true. it is a privatized system that hides under an image of republicans to duchenne, the fed. -- institution. president lincoln dealt with this in 1862. he was losing the civil war. he created greenbacks, he took the advice of the head of the ways and means committee and he created greenbacks with no debt. the fundamental difference between greenbacks and the federal reserve system ease that you don't have interest rate on it. host: thanks for calling. let's hear from jeff on the federal debt now.

traders every day that the wall street bets guys on reddit are being accused of the only difference is the wall street bets guys aren't working for a 1000000000 dollar hedge fund they're not the ones who are usually profiting and so as soon as a different group of people is able to profit not from a new kind of system but from the same techniques just using a different technology now suddenly it's like oh my gosh the sky is falling so now congress needs to hold hearings in the senate is to hold hearings and people like the democratic senator sherrod brown from ohio get up and they pound their fist and they say oh my gosh but those poor people need to be defended from these reckless traitors know what you need to do is allow people to have the same access to markets and therefore create equality within that system and that is not happening and then you're saying how congress all of us and gets involved when we have short sellers losing tens of billions of dollars then now they're interested in saying what all is going on now christine there is an argument that wall robin-hood says th

that's much higher than wall street looked for. if they can deliver, this will be the best quarterly earnings number in history and with the stock trading at barely more than eight times earnings, this could have a lot more room to run. let take a closer look with leon, the president and ceo of new core to get a better sense where his business is headed welcome back to "mad money." >> thank you for having me, jim, how are you? >> i'm happy because i've been a supporter since the '80s as gold man man sacks. how are they doing so well with what is going on with the pandemic >> we have the most amazing team in the world, jim. a little bias but our 27,000 men and women are committed to serving our customers, serving shareholders and taking care of business but the other piece of that, jim, the investment strategy we've held in investing nearly $4 billion of capital is paying dividends and creating higher highs and higher lows for investors, teams and shareholders. >> so important to point out where i want to go which is many times your

go to wall street every friday at 9:00 p.m.unday morning features are just that exclusive interviews with former acting director of national intelligence rick canal and white house adviser stephen miller jeff van drew and senator ron johnson. watch my show "making money with charles payne" on "fox business" weekdays at 2:00 p.m. eastern time. that will do it for us but thank you very much for watching and we will see you next time. spin welcome to the "wall street journal" at large. have you spent your biden books yet? that's what the grateful and excited meteor calling them. $1400 to the accounts of millions of americans just a small piece of the largest the federal government splashing out his so-called american rescue plan. now you may recall before this bill was passed in a closely divided senate democratic sponsors insiste

to innovate our shareholders and pilfering the taxpayers and using financial leisure demain on wall street to line their pockets they're not interested they can't be bothered it's like if paris hilton ran the s. and p. $500.00 she wouldn't really be bothered by all of this and that's the way these leaders at the s. and p. 500 are saying like i want to go find my little doggies out in the park i don't care about the american worker i don't care about the american economy i only care about me me me. because i'm a narcissistic kleptomaniac that somehow got this job and i steal every single moment of every single day and that's my job i do want to point out as well china's not just 5 years ahead of the u.s. in terms of payments they went technology right london i would say living there it's about 10 years ahead of what the united states is so i know for a fact that asia is way ahead of europe so who knows how far ahead they are i think this is this is where you say this is a sales pitch right eric schmidt is trying to get money for his cronies and you don't want to say the problems insurmounta

~ .,. may be locked down wall street bets? ~ ., , ., bets?question, that literal question. - bets? we face that question, that literal question. is - bets? we face that question, that literal question. is there j that literal question. is there pressure, should you do something? but our motivation and what we were trying to do, our duty was the opposite, to keep wall street bets online. do you think that it was a david and goliath story? absolutely. because institutional investors have... they have so many more resources in terms of knowledge and relationship, the ability to execute large trades. no individual could have done this. i think, individual could have done this. ithink, again, it is individual could have done this. i think, again, it is not the decision that i would make all would encourage people to make. people are free to make those decisions and their motivations are so complex here. and this is far bigger than rated. from what i observed, a lot of people eventually who are participating just to be a part of it. effectively the

spread among let's say half a dozen wall street firms. the executives inside the prime brokerage looked at that and said we are forgoing all of this business, can we please come to a decision that bill hwang is ok to deal with. eventually this decision yes was made and that's how they came to do business with them. carol: so here we are, i'm looking at the equity markets and it's not like we saw the financial markets fallout today. how do we explain that this is an important story, yet a lot of investors shrugged it off? erik: the simple answer is highly concentrated debt. bill hwang has up portfolio possibly north of $50 billion. it of the stocks that have been sold thus far, we are only talking about nine names, incredibly, highly concentrated. so while the prices and those stocks have been blown to bits -- look at what has happened to viacom in the past five days, the rest of the market is absorbing it. it's not as though this liquidation came in the midst of a broader market bloodbath. this was highly confined to bill hwang and his po

haslinda: they are fresh signs on wall street that ceos want workers back in the office asap. jp morgan and goldman joining a growing list of banks calling for an end to work from home. rishaad: let's get to this story at the moment. coming across the bloomberg terminal. samsung warning of the chip shortage impact. it may suspend its note in 2021. it has seen difficulties in the second quarter supply in the chip industry. the co-ceo saying this during an annual meeting of shareholders. keeping you abreast of that share price, down a fraction for samsung electronics. we are seeing a dip with regards to the equity markets. benchmarks under some pressure. u.s. ending a five day winning streak. the msci asia-pacific index down by .1%. we are down, but not quite that much. a little bit of a comeback. hang seng a quarter of 1% lower. csi 300 -- the hang seng up .3%. the nikkei gaining. exporters getting a boost from the weakness of the yen. one eye on the bank of japan. looking at the policy review. all should be revealed on friday. 10 year yields on the u.s., 1.62%. there we have i

the wall street journal is exactly right, the same premise as my book.e $2 trillion package, there's been a lot of arguments why it should get past, one of those from bernie sanders, let me play his speech about why it is time to vote yes. >> young people want to go to school, want to socialize, want to date, do things that young people do and they can't do it. they are unable to do that. >> young people being able to state, part of the argument for all of us wanting to get our lives back to normal. >> that is so infuriating because they are saying this bill among other things is vital so we can get kids back to school. we heard earlier from the senator about folding strictly for covid-19 relief with schools it is even worse. only 4% of the money that is allocated to schools is even planned to be spent this year and is a complete lie, political spin, a lie for them to say this is some kind of emergency bill that will get schools open and the best way to bring relief to america is to end the stupid lockdowns that are totally counterproductive. they are al

i love this etf we have a real chance to prove wall street wrong.an supersede the high and mighty on the pedestals. your ultimate thought that this is the chance for people to see you don't necessarily have to fork over your money to someone who may not know more than you do? >> yeah. i honestly the old school, old guard, not just this industry, they're fighting the tide. the internet you have to adapt or die i keep saying that. the internet has proven you aggregate information and get very good information from it. so using, artificial intelligence and algorithms and science all this stuff, every industry is doing it. it is only natural that will come to wall street. so i'm looking forward to see the results. again you have to wait over the long haul. i got involved because this thing has been around for five years. they invented the algorithm too soon. they were an idea before their time. over the last year it picked up. the game of this thing, stuart, the beauty of this game show, there is the scoreboard. there is a scoreboard. we'll be able to t

economy at "the wall street journal" jobs summit.dward lawrence with headlines from the highly anticipated event. edward? reporter: charles, what a swing in the markets since this happened. the market was up when he started talking. federal reserve chairman jerome powell told "the wall street journal" web series he expect as one-time inflation spike as the economy opens up but believes that will not be sustained. the federal reserve chairman was very specific what happens when we see that spike. listen. >> if we do see what we believe is likely a transitory increase in inflation where longer term inflation expectations are broadly stable at levels consistent with our framework and goals i expect we will be patient. reporter: he says that the federal reserve will remain accommodative for sometime. powell stressed in order to reach that target of an average of 2% inflation the federal reserve will let the economy run hot for a while. the inflation has been on the minds of number of fed presidents. president mary daley does not implemen

he wants wall street to help do that.lking about or what he means by it. what do you think of that? >> yeah. you know, i think chaos is really the best way to describe this. you know, even just stepping back, thed idea that we have, of all people, john kerry negotiating this deal with wall street. i mean, if there was a poster child for washington, d.c. hypocrisy, it would be john kerry. i mean, this is the same guy who flies all over the world in his private jet while lecturing the rest of us about climate change and our carbon footprint. yet we have john kerry representing the united states government in private, secretive conversations with wall street, and these are conversations that could have a lasting impact on the american work force. what they're talking about is net zero carbon emissions by 2050. that is far past the harris/biden administration's tenure, right? this is something that could impact the work force for 30 years to come. and why not, especially now when the country is really trying to recover from p

more wall street after this.atches leonard with a big left. ♪♪ you can spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. and it won't matter what hit you. what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ ♪♪ ♪ ♪ ♪♪ it's not "pretty good or nothing." it's not "acceptable or nothing." and it's definitely not "close enough or nothing." mercedes-benz suvs were engineered with only one mission in mind. to be the best. in the category, in the industry... in the world. visit your local mercedes-benz dealer for exceptional lease and financing offers. mercedes-benz. the best or nothing. ♪ ♪ (deborah vo) i was hesitant to get the hearing aids because of my short hair, but nobody even sees them. (vo) discover the exclusive, new miracle-ea

john kerry wants wall street to get the entire world to go green, the problem is a few people on walltreet even know or understand what john kerry is talking about. thank you for joining us i'm elizabeth macdonald and "the evening edit" starts right now. ♪ welcome to the show you're watching the fox business network. let's get the latest on the talks between high-level u.s. and chinese officials in alaska blake burman in washingtonal wih more. >> i wasn't expected to be warm and friendly going and and that appeared to play out over the last few days in anchorage alaska between chinese officials we heard after the talks from the u.s. secretary of state tony blinken when the u.s. brought up the issue of hong kong, taiwan and cyberspace the chinese got a defensive response or gave and the two sides are atre fundamentally at odds on the issues. here is blinking describing the economic part of the talks. >> on economics and trade and technology we told our counterparts that we are reviewing these issues with post consultation with congress and our allies and partners and we will move forwa

but for -- for wall street, that remain for wall street, that the evaluations have to come dependentw yields. easy money, easy cash, and that has driven the market higher and higher. now, the sense that might be lost, has some on wall street catching that case of the jitters. but for mainstream, the reason why yields are rising is tide to improvement in the economy exactly imha you mention charles so for mainstream taking that imprison economy is a bit of a rise in yield. charles: right. yeah it was about time mainstream got some love awstles frequent your expertise now toipght bring in my friend wall street legend jay, clear set advisors, all right jim your thoughts on all of this action in last two weeks interest rates up a little bit. wall street and panic, you seen this before. >> yeah. i think we're in pretty good shape here. the atlanta fed has this growing at 10% in the first quarter. first quarter profits should be very good. rates were abnormally low going back to precovid levels. they shouldn't, they shouldn't disturb the economic activity you've got a little bit in the gro

more wall street after this.an spend your life in boxing or any other business, but one day, you're gonna take a hit you didn't see coming. and it won't matter what hit you. what matters is you're down. and there's nothing down there with you but the choice that will define you. do you stay down? or. do you find, somewhere deep inside of you, the resilience to get up. ♪♪ [announcer] and this fight is a long way from over, leonard is coming back. ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ comfort in the extreme. ♪♪ the lincoln family of luxury suvs. this isn't just freight. these aren't just shipments. they're promises. big promises. small promises. cuddly shaped promises. each with a time and a place they've been promised to be. and the people of old dominion never turn away a promise. or over promise. or make an empty promise. we keep them. a promise is everything to old dominion, because it means everything to you. charles: welcome back. we have another show in the works for next week. go to wall street every friday at 9:00 p.m.

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and you run the wall street journal. i think most people would say those two publications aren't on the same side on a lot of issues. you sound today, when you talk about vietnam, not angry with each other, not angry about this issue, not on different sides. you all know that it wasn't that way back in those days. what happened here? frances: well, i'm sure we have so--disagreements, but--but the--there is--you know, an--anyone who lived through that war has such--so much more in common with each other than they do with people who didn't. and i include gis there that--you know? it's sort of an in--this experience was so important to both of our lives, and we actually got arrested once together. brian: where? frances: tell him, peter. peter: well, we--i--we--for reasons i can't remember anymore, we were very anxious to get into some american military base near nhiatron somewhere, right? frances: no, it was the big one. it was the--it was the port. peter: it was the port base, yeah. and--well, i guess we wandered into some

they'll be back next week on "wall street journal at large." thank you for joining us. >> welcome to "barron's rountable" where we get behind the headline to prepare you for the week ahead. i'm jack otter. coming up aol co-founder legendary internet entrepreneur steve gates and where he sees opportunity in tech and later wall street next frontier we will tell you how you can invest in space and it's not rocket science. we began his eyes with what we think are the three most important things investors out to be thinking about right now. tech stocks struggled and bond years continued to climb but even as it raised forecast for economic growth and inflation non-fungible tokens have become the hottest asset in 2021 taking in 200 million in the past month. mainstream business including the nba and warner music are involved and with march madness underway wall street has good news for sports with estimates up to 183 million up for grabs. my colleague ben levinson and jack howe. equity has had not such a great week down a little bit but what's interes

. >> let me ask about being public you've mentioned the short termism that can come out of wall streety having to report every quarter and clearly you're more in the public eye and crosshairs once you're a public company. do you weigh out going public and wonder sometimes whether it would have been better to stay private or not >> to some extent, battling away with short termism on wall street, which i think is one of the most destructive, corrosive attributes of an otherwise interesting and largely system, we told the wall streeters that we will -- we will focus on building the long-term health of our company. that we are going to invest in our product development and in our clients. then you just have to battle it out with them. but i would say from the perspective of palantir, we've been at this a long time i have a lot of people who have been there a long time because they believe in our company. i struggle to believe that they believed in me unlike many people in tech, their share price was both going in the wrong direction and they stayed for years and years and years and years.

charles: someone is wall street want to see next on the government.ing in advisor groups any along with two strategist david nelson. david you know you remember there was a time when everybody used to say the most rate was good gridlocked but it look like they really love massive spending of more than gridlocked. what are your thoughts pretty. david: wall street talked a lot about fiscal responsibility but in the end, they showed me the money. it's also instant gratification in voting system with monies going to do a lot, does a lot near-term and obviously retail sales are listed in this manufacturing as a relates to retail sales and even some of the money will find its way into the stock and bond market. so i get the idea that everybody wants this cash right now but even on the road, there's a price to pay for it, wall street will write check. charles: in one area and they're looking at the steady, and it it will be something like 2 trillion or maybe even $4 trillion and we see material names this year industrial names affected pretty well this year.

romaine: from the fed to wall street, wall street facing long criticism about the lack of diversity in finance industry. the cofounder of the greenwood project spoke with us about the pipeline for black and let max students for careers in the financial industry. take a listen. >> didn't know anyone in the business, didn't know what i was doing, didn't understand the markets. romaine: was there a reason you gravitated to trading? >> i was on the technology side, i was fixing computers on the trading floor. i made friends with traders and i started to learn as much as i could about the market and that's how i ended up going down the other road. making friends and some mentors as well. romaine: with regards to the learning curve, not having finance knowledge in the business, how hard was it to get on your feet? caroline: just staying close -- >> i just stayed close to the folks who knew how to do it every day. i saw the lucrative careers that people had and of the treachery of where they were heading, stuff like that. guys who were 30 years old and looking to retire. the learning curve wa

tuesday's declines made themselves felt on wall street. wall street on the way down. 201 of the few standouts. -- 200 on of the few standouts. japan's manufacturing activity trending. contraction of the service side of things narrowed. airlines doing a lot of damage across the world as europe goes into lockdown again. shanghai composite index at the moment off by about 0.6%. we have geopolitical sparring between beijing and washington, continued pushback from the foreign ministry in china, declaring she and jane -- clearing xinjiang a successful story. oil slipping back in. we have that blockage in the suez canal. a report pointing to another increase in stockpiles. oil has slumped by 12% in less than three weeks. softening demand, the strength of the dollar, and perhaps some of the unwinding of long positions. gold at the moment seeing a little bit of weakness being erased, and moving to the upside by 0.25%. haslinda: hong kong confirming that it has suspended the biontech vaccination. causing quite a selloff in the casino stocks in hong

on wall street and "squawk alley" is live. ♪ >>> happy tuesday and welcome to "squawk alley.'m jon fortt. carl's got the morning off ahead, turning the page, microsoft a potential deal with discord and intel's new ceo pat gelsinger telling a turnaround story. what he needs to say and finally "squawk alley" takes to the clouds cloud players ceo joining us later this hour on the stock's meteoric rise and where it goes from here. first breaking news out of pfizer we have that, meg tirrell. >> reporter: jon, pfizer announcing a human clinical trial of a bill for covid-19 the early stages phase one clinical trial but an oral anti-viral drug targeting this virus known as a protiase implicater, successful in treating hiv and hepatitis c and the kind of drug dr. fauci talked about we need for sars-cov-2 the chief scientific officer saying in a statement here "we've designed this drug called pfo71322, first sign of infection without require's that patient's hospitalization or being in critical care it's a pill. another inhibitor given by iv. the early stages of these drugs. the hope,

should we fund that given wall street will throw any amount of money at it? portion of the plan is to subsidize companies per se it about building infrastructure and by the way, that's across the plan investments in airports and trains and water and quality and housing. it's getting back to rebuilding america so that when our grandkids look back at what we've done now 50, 60 years from now we'll look back at this as a turning point in america where we got back to investing in ourselves and in our future in basic infrastructure. >> basic infrastructure is thought of as being -- i talked to the railroad companies. it's almost comical, madam secretary. they are winning because the roads are so bad how is that possible we're a major country how can the rails be winning because we don't have drivable roads? >> you know as well as i do it's more than drivable roads every american doesn't even have access to high quality affordable broad band. how can you thrive in the economy of today and tomorrow if you don't have access to high quality affordable broad band? you

i'll be here all next week, to >> from the fox studios in new york city this is "maria bartiromo wall street". maria: happy we can do all that analyzes the week that was and position you for the week ahead i'm real bartiromo great to have everybody this weekend using social media to make money in the market coming up barstools dave portnoy is here explaining how his etf chooses its stocks based on buzz he will join us coming up let's take a look at the week's big moments with top newsmakers in edition of this week's talkers. how would you assess the immigration story today. >> as you noted texas received the nationwide injunction against invited a administration plan to suspend all removals of illegal aliens for 100 days which of course would be plainly illegal and utterly unconstitutional. maria: you heard what bernie sanders wants to do, your reaction? >> is a catastrophe waiting to happen labor cost which is 77% of cost for most small businesses will skyrocket because a 50-dollar minimum wage my guess a whole bunch will give up right now. maria: the situation with governor cuomo a third o

wall street has had a good session again.dministration officials hit the road to sell the massive package to the american public. our north america business correspondent michelle fleury in new york has the details. the stimulus plan is fuelling optimism on wall street about the economic reopening from the pandemic, and to ensure its spending of his nearly $2 trillion relief plan goes smoothly, joe biden turned to a familiar face will help. good afternoon. president biden announced jean sperling, a former economic adviser under both the clinton and obama administrations, to oversee his covid relief plan. 100 million shots in people's arms will have been completed within the next ten days, and 100 million cheques in people's pockets in the next 100 days. to sell key components of the american rescue plan top official spread out across the country, vice president kamala harris started in las vegas with a visit to a restaurant, at which she stressed the importance of getting vaccinated. transportation secretary highlighted the v

kind of rebounding from tuesday's losses, and this is after a lower session on wall street yesterdayhe dow giving back a fraction of monday's massive rally, now checking treasuries, the yield on the ten year, about 1.445, those rates actually rising after the president's vaccine supply pledge that we just mentioned a second ago let's go worldwide now matt taylor, he's standing by in singapore. joumanna bercetche is live in our london newsroom. m matt, let's begin with you. >> we had a strong day for the markets even though we inherited the negative lead stateside, really buying sentiment across asia today we did have some mixed economic data points as well. south korea, taiwan, japan was a bit of a laggard up by half of 1% it is the china markets that were the stand out performance today. the shanghai gaining, despite the fact that we got a weaker read when it came to services pi, following the manufacturing data we got early on this week the caixin slowed, but we do see seasonality because of lunar new year break hong kong was a stand out performer, helped by a raft of ipo interest

that was reported a couple of weeks ago in "the wall street journal."it may be they are finally seeing the light and deciding that it's time to start talking. i think that we need more of these types of people to rise up. without them, we won't get the answers. >> shannon: something from new york state, andrea any further people coming forward, it would be time to resign. so disappointed with 2021, on the heels of #metoo. i know that's a secondary claim, and issue to what you are personally dealing with. but i understand how much forgiveness and how much of a past the governors are going to get on any issues. >> that's a good point and i brought up the al capone, going back to al capone. he got him on tax evasion, a lesser charge than he probably should've gone down for. maybe this is the democratic lawmaker's way of saying we have to get him on something, not sure. listen, this guy has been power-hungry for years and experienced sexual harassment, it's not about the, sex it's about the power. i'm not surprised is the way he treats people especially you