2007, down as you can see there 8. 5 for the shanghai composite. Everything else was pretty much read across the board. While prices are now in a bear slump. They are in a bear market. Particular for brent crude, which is rebounding if you look at the six month chart. Bathroom we offer a moment. Pimm what are we talking about . 40 a barrel for crude . Commodities tend to follow. Brent crude is 53. Gold, while a little increased, that is not biting well for gold. Thus boding well for gold. Let us take a look at the bond market. A little bit of a change there. Below that crucial 3 . Take a look at the two week trend of the u. S. 10year. Prices go higher. Let us look at how the u. S. Dollar is performing. 11115 against the euro. The pound sterling basically unchanged. We take a look the spot index and it is up 30 in the lack six months. That is the dollar strengthened let us take a look at the top stories at this hour. Investors worldwide are wondering how far the damage could spread. Chi
First to our lead another wild ride on wall street. This one with a good ending, stocks rallying the most since 2011. I want to get straight to matt miller in new york. Matt, when it comes to tech, the fab five all up. But talk to me about volume into his buying. If you look, for example, at the first six gainers, only exxon is a nontech name. All those you mentioned plus microsoft, apple, google, facebook, amazon. The buyers here were people who believe that we have put in a bottom, if they are not daytraders. With such incredible drop over the last seven days, we have seen the dow erase 2000 points. It takes a while to put in a bottom. Technicians will tell you after a drop like that over such a not period of time its necessarily fully in today but maybe this is the inflection point, and the buyers believe the u. S. Economy can withstand it, the chinese economy is stabilizing, and that commodity rises may have bottomed. Emily matt miller in new york, thanks so much. I want to talk ab
First to our lead another wild ride on wall street, this one with a good ending, stocks rallying the most since 2011. I want to get straight to matt miller in new york. Matt, when it comes to tech, the fab five all up. But talk to me about volume into his buying. Matt if you look, for example, at the first six gainers, only exxon is a nontech name. All those you mentioned plus microsoft, apple, google, facebook, amazon. The buyers here were people who believe that we have put in a bottom, if they are not daytraders. With such incredible drop over the last seven days, we have seen the dow erase 2000 points. It takes a while to put in a bottom. Technicians will tell you after a drop like that over such a long period of time its not necessarily fully in today but maybe this is the inflection point, and the buyers believe the u. S. Economy can withstand it, the chinese economy is stabilizing, and that commodity rises may have bottomed. Emily matt miller in new york, thanks so much. I want
Lets talk whats happening with stocks because you pointed out the dow heat map and the dow heat map is almost all green. Here are the two biggest point contributors to the rally. Nearly 200 points to the upside today. Take a look at this. Post 6, the nyse, imc, Market Makers for boeing shares. Up about 2 . They are adding 26, 27 points to the overall rally in the dow. Now were going to turn around here and go around to the other side and this is post5 for Citadel Securities where Goldman Sachs trades. Goldman sachs up over 2 as well. Thats adding north of 20 points to the overall dow rally so those two stocks are showing real signs of life, and if you take a look at the Macro Markets overall for the sectors in the s p 500, we do see that financials and industrials, boeing and Goldman Sachs, are among the two best performing sectors so far today. Also, one more thing to watch here. Some of the traders have been talking a lot about oil prices. We can see Oil Prices Moving higher right no
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