40-year High Inflation Number Sends 10-Year Yield to 2%, Disney's Magic "Stream-Dom" Leads Earnings Parade, and Fmr. SEC Chair on Congressional Stock Trading Ban

Carl Quintanilla, Morgan Brennan and Mike Santoli led off the show with inflation data that pressured the markets: The Consumer Price Index for January up a hotter-than-expected 7.5% from a year ago -- a 40-year high. On that news, the10-year note yield hit 2% for the first time since 2019. The anchors explored what it all could mean for stocks and the Fed's interest rate strategy. In connection with the inflation story, they also reacted to earnings from the likes of Coca-Cola and PepsiCo. Carl, Morgan and Mike took a deep dive into Disney: The stock jumped sharply on quarterly results boosted by streaming subscriber growth and a rebound in its theme park business. Cowen's Disney analyst joined the show to discuss what he sees ahead for the stock. Former SEC Chair Jay Clayton also appeared on the program with his take on the movement to ban members of Congress from trading stocks. Also in focus: Uber, Mattel and Twilio get a lift from quarterly results, while Twitter posts a Q4 miss and announces a new $4 billion stock buyback program.