Good morning and welcome to World Wide Exchange on cnbc. Im sara eisen. Along with don. Today to be here, good morning. Lets check in on Global Market this is morning. It looks like were lower again today. Dow down about 40 points. S p futures down 6. Nasdaq down nearly 14. This after the dow actually finished lower for the sixth session in a row. As for oil prices, all the focus back in a bear market off 22 from the june high. And they are getting a bit of a relief bounce this morning. Still around 40 a barrel. Dipped below it yesterday, 40. 13 right now. Keep a close eye on that. It is starting to impact sentiment perhaps with lack of other catalysts. The Economic Data heats up. Of course everyone still talks about the former correlation trading relationship between stocks and oil. Well see if that holds in the weeks and months Going Forward here. Among todays other top stories. Shinzo abe approving a 274 billion stimulus passage. The countrys finance minister says the bank of japan
How at googles parent alphabet. The company known for its Search Engine attracted advertisers to its products, especially its mobile products, and those ads attracted valuable clicks. Alphabet earned 8. 42 a share. That is a full 38 cents better than estimates and a 24 gain over last year. Revenues rose more than 20 to 21. 5 billion in the quarter eer. Investors liked the results sending shares higher in initial afterhours trading as you see right there. Josh lipton has the one key takeaway for investors. Josh . Reporter well, tyler, 15. 4 billion. That was one big number in this report, and first the revenue generated from google website was up about 25 . Neil doshey covers alphabet and says thats important because that includes some of the main sources of revenue for this company so google. Com, youtube, mobile apps. It just shows, he says, the strength that have ad business. Ill also point out, tyler, that heading into this print there was some concern about the impact of brexit on
How at googles parent alphabet. The company known for its Search Engine attracted advertisers to its products, especially its mobile products, and those ads attracted valuable clicks. Alphabet earned 8. 42 a share. That is a full 38 cents better than estimates and a 24 gain over last year. Revenues rose more than 20 to 21. 5 billion in the quarter eer. Investors liked the results sending shares higher in initial afterhours trading as you see right there. Josh lipton has the one key takeaway for investors. Josh . Reporter well, tyler, 15. 4 billion. That was one big number in this report, and first the revenue generated from google website was up about 25 . Neil doshey covers alphabet and says thats important because that includes some of the main sources of revenue for this company so google. Com, youtube, mobile apps. It just shows, he says, the strength that have ad business. Ill also point out, tyler, that heading into this print there was some concern about the impact of brexit on
On nightly siness for wednesday, september 2 good evening, everyone. And welcome. Im sue herera. Tyler mathisen is on assignment tonight. The Federal Reserve did not budge. Though there was some disagreement, policymakers decided not to raise interest but the central bank did say a few iortant things. That nearterm risks to the economy were more balanced, it signalled a possible rate hike this year and lowered its outlike for longterm Interest Rates and with that, stocks took off. The Dow Jones Industrial average grew to 18,293. The nasd added 53. Harpton pearson has more on what janet yellen signalled to investors. Policy makers say its not yet time to raise key Interest Rates. Inflation is too low and there is still room for further improvement in th most of us judge that the case for an immediate increase in the federal funds rate is stronger, but it would be sensible, given the finding of a bit more running room to wait to see some continued progress, evidence we continue to progre