Of the session so far. Matt thats right. Weve turned negative on a few of the index is. Indexes. This morning, we got a Goldman Sachs note, sing the drops weve seen so far have been emotional and u. S. Expansion in earnings it should turn that around. The dow down 59 points, the nasdaq down 44. I pulled up the imap. So fascinating. Gainersnd utilities right now. Consumer discretionary and materials are losers. You can click on any of these pipe pieces and see, for instance, Consumer Staples overall is winning, but theres a couple that are red, food, beverage and tobacco. Such an interesting function on a day like today. Crude, also interesting. Nymex crude continues to march higher today. Only a gain of. 9 . 30. 76, still hovering around that 12 year low. Betty what about treasury markets . Matt i did not realize what wed seen, the yields down every single day this year except for one. You can see again, buyers of bonds pushing yields down once more. 2. 05 is the level we are looking a
Says it is affecting exports and a lot of places. The beige book. Other than that, the language remains largely unchanged. The updated their broad statement of purpose. Two things are changed. It used to be that the longterm natural rate of employment was 5. 25. 5 . Now, they say it is lower, 4. 9 . Theyve adopted new language on understanding inflation. Concerned if indeed inflation runs below its target consistently, jim bullard of the st. Louis fed dissented from that statement. Hes even more worried about losing the anchor on inflation. Something he has been talking about for a wild. More broadly, what we see is the fed says yes, we see it, we are looking at it, weve got it. Ss. They will assess whats going on. Assess. Ord is scarlet u. S. Stocks taking a leg higher and the nasdaq is paring some of its losses. Now down just. 3 . The two year yield coming down a bit. Year yield now at 86 basis points. Tom we are measured. We are gradual. Dr. Leavy, when i look at a gradual headline,
Karen says there has been no progress made. Theres a number november 24 deadline. Iran rejects allegations it is trying to build nuclear weapons. Internet Service Providers are dismayed by president obamas call to treat Internet Access to the common carrier, comcast called the president s proposal about a gore reversal that would harm investment and innovation. At t and verizon both indicate they may challenge the plan in court and the industrys chief lobbyist Michael Powell says we are stunned. He also used to run the ftc. President wants the fcc to regular Internet Access with the same rules of does for phone companies. Single state in china, single ay on alibabatis a result record 5. 9 billion worth of merchandise in the first 14 hours of the day. The biggest shopping event in china. Foreign brands are taking part in single brand. Among them, and magneto, calvin klein, and costco. Eagle, calvin klein, and costco. The new york city doctor who came down with the ball is getting out of
Happening in ferguson was oppressive and objectionable but worthy of protest. But there was no excuse for violence. Whoever fired those shots should not to tract from the issue they are criminals and they need to be arrested. Olivia last week, a Justice Department report says ferguson had racism and the courts. According to a person familiar with the matter, the fbi is now investigating whether billionaire investor bill ackman and people working for him try to manipulate herbalifes stock. The stock lost half of its value in the last year. We will ask bill ackman at 10 00 a. M. Eastern. In japan, a milestone for the japanese stock index. It is up 172 . The japanese are up more than 10 this year. There is so much oil on the markets there are not enough places to store it. The International Energy agency said that may lead to more price cuts. Storage capacity is already strained. The Senate Intelligence committee has approved a bill that make its easier to fight cybercrime. Companies will
Next tradition hearing after being arrested on tuesday. He is accused of helping Cindy Dow Don Jones Us Industrial average on a wild ride. He used an illegal technique known as spooking to fix prices. He is accused of manipulating markets over a fouryear period and making 3 billion in profits. And the deadly attack in benghazi, libya may stretch into the 2016 election cycle. A spokesman now tells Bloomberg News even if the probe were completed in 2015, the panel would need more time to analyze information and write a word. Republicans have tried more than two years or have set for more than two years that clinton, who was secretary of state them, failed to bolster security before the attack. Democrats point out there have been several congressional inquiries. Brendan in baltimore, more protests over the death of a black man after he was arrested by police. Freddy gray fereddie gray suffered a severed spinal cord injury. Meanwhile, in tulsa, the volunteer sheriff deputy is off to the ba