Quotenment, we can project, etc. If you have a nine months or you looking at this quarter, the equity franchise remains solid and keeping market share. Anna softbanks miss. The firm posted first quarterly losses with staggering writedowns from huber and uber and wework. A top diplomat tells of a quid pro quo in ukraine as china sets its price for an interim trade deal. The u. S. Must drop tariffs. Less than half an hour until the start of european equities. All of those headlines, having an impact on the markets. Lets look at what weve got. This is what futures tell us will be happening in europe. Dax and cac, a little flat. Ftse futures, looking more negative. Futures, fairly unchanged at this point of the trading day, drifting after we saw decent gains at the beginning of the week. Generally speaking, not moving that far on the u. S. Futures, Global Futures and if we show you the gmm, fairly confused about the asian session. Waiting for new lines around trade. The heard talk about th
Are watching in europe and the United States. The stoxx 600, really like volume today, but up near session highs. The eurodollar under pressure, so the single currency feeling the pain. The dollar goes from strength to strength. 1500, 1486. Elow maybe some positioning around what has been a fantastic run for gold. Vonnie in the u. S. , we are looking at small positives for the s p and the dow for the quarter. Today, the s p is up about 0. 25 . It could be adding to that gain for the quarter by the end of day. The best performer in the s p 500 right now is newell, up almost 5 from an upgrade to 25 a share. As you can see, we are crawling up towards that mark as suntrust says the bottom is in for newells strategy. The money coming out of treasury market. Some money coming out of the oil market as well. 50 to five dollars 55 since a barrel 55. 50 a barrel for wti. Guy a lot of anticipation around Credit Suisse this evening. Its board is apparently backing a cruciale thiame in meeting that
Price. Peloton fell sharply in the first day of trade, down another 5 endeavor pulled the plug on its offer late last night. A headline in the times asks is the ipo party over bob greifeld, chairman of virtue financial, and author of the book market mover. Lessons from a decade of change. Great to have you back happy friday great to be here. We would love you to help us draw a thread through some of the ipo pricing weve seen this week, the offers that have been pulled what should investors be keeping in mind right now . Well first, i would say we have to recognize the ipo market generated over 50 billion of capital this year. I remember back in 2003 when i started with nasdaq, we had zero ipos and zero dollars raised lets keep it all in context i also want to make clear you have a number of ipos that have come public which are not nyow making money peloton yesterday, their market cap is 10 billion thats about ten times revenue to me, when i hear and read about whats wrong with the ipo
Trade talks in october and some disappointing data here at home. Home price growth loses momentum Consumer Confidence numbers fall sharply. We are covering all angles of the market and developments out of washington with bob pisani, eamon javers, and ylan mui, also standing by. First, lets bring in steve grasso from Stuart Frankel hes joining us for the entire final hour of trade. What do you make of the price action around these headlines around impeachment i think its what you said, it was the u. N. Presentation and then it led to a little harder stance on china and it went from there to the impeachment hearings or the impeachment process. And then when President Trump said hes going to release the transcripts, the market rallied. Because how incriminating could it be if they were going to release it, right right, they thought there was a smoking gun issue that was going to arise, so if he was going to release it, maybe that wasnt the case, and were back to the impeachment process ag
Lets talk in more detail about one of the world s largest and oldest travel companies, thomas cook colla pses. After last minute talks aimed at saving the firm failed. Its triggered the uks biggest ever peacetime repatriation effort. Thomas cook started up back in 1841, offering day trips. Last year it had a turnover of more than 11 billion. In total, the Tour Operator has 600,000 customers on holiday at the moment between 150,000 and 160,000 are british. The firms chief executive, peter fankhauser, has apologised, saying the collapse is a matter of profound regret and a deeply sad day he says, for the company which pioneered Package Holidays and made travel possible for millions of people around the world. Thomas cook has 22,000 staff around the world 9,000 of whom are based here in the uk. Martin alcock is a director at travel trade consultancy. Good morning. Good morning, sally. We have heard from the Civil Aviation authority, talked about by the government did not step in. Where di