4. 7 but since downgraded. Here is another shake map which sort of illustrates how strong the shaking was felt, as far out from the epicenter as people have reported, and as you can see, the color changes a bit, as you move out. Now right there at the epicenter, where you can see it, sort inform a light greenish color, that indicates that people were reporting feeling a moderate to strong sensation when the earthquake struck, and as it radiates farther away from the epicenter, it gets more into the lighter blue, which indicates very light or some weak feeling of shake can. So that is kind of shaking. So that is how people were describing it this morning. You and i were up at the time. I was up Drinking Coffee getting ready for work. It did not feel like a wave or a rolling motion, it was a shake. I felt the shower door kind of rattling and thats what clued me in there was an earthquake going on. We have lydia in the field right now. She is following the story as well, since the earthqu
Quickest pace since 2004, which i believe was last month. Amidst the economic members, we do not see Much Movement in the stock market, in part because a lot of it is earnings driven as we get Big Companies reporting. A lot to report after the close of trading today. Thettle bit of pause after selling we saw over the prior three sessions, stocks between gains and losses today. To give you a picture of how big of a Driver Earnings have been to the recent, before the recent gains in stocks. You are looking at the forecast for s p 500 earnings and white versus s p himself it self and blue. We have seen 2018 pershare earnings estimates climbing by 4. 5 , nine times the average monthly pace of the past five years. That has been helping propel the rally, at least until it stalled this week. Omberg intelligent intelligence says if this pace slows down or reverses, it could provide a number another stumbling block for stocks. We have facebook Earnings Report after the bell yesterday, initially
Yield backing up about four basis points. We are now 25 basis points away from a bill gross who is now saying we could desk could be a could be a game changer. David a big day for earnings. Billion and18. 8 67 gspershare, dollar 1. 67. This be a pattern of earnings with 80 of companies. Alix revenue and sales on that. Energy leading the way. Conoco out with their earnings. A 2. 5ws come in billion, earning be as wells. As well. We saw the same thing happen with shell. The production missing a little bit. Up, 5. 5 billion so far this year. Cash flows at 2. 5 billion. What are they going to do with the cash flow . How sustainable is the higher cash flow . David we have someone joining us who will tell us. Dicker is looking at that. Alibaba announce their earnings and they beat as well. Per share. Yuan total79. 8 billion yuan revenue. 30 on theire back payment system. 33 on their payment system. Myx so i will put it in right pocket and left pocket and that is how we rounded out. David the
Lets check on your markets. We are getting some euro area manufacturing pmi figures. 59. 6, thatphone to is pretty much in line with what economists expected. Higher. 10m also looking at the u. S. Year yield twoyear yield. The dollar you can see steady. We have a lot coming up right here on bloomberg surveillance. We get the latest equity market calls. Find out why he sees a correction soon. Userwe talk facebooks big news. To someone from Credit Suisse. Here is nejra cehic. Nejra u. S. Oil production has surged over 10 Million Barrels a day for the first time in decades. That comes just weeks after the International Energy agency said american output would push past saudi arabia. Decades of declining output has been reversed and the nation has been turned into an exporter. The u. K. Will agree to in transition. Told themn china, he that free trade deals would still be some time away if there is a transitional phase in which britain cannot negotiate with third countries. The uks Prime M
Concert will continue after what happened here. Theres also breaking news in brooklyn, someone shot five people overnight. It happened on dwight street. Weekend. This was in red hook. Today in new yorks britain gingras is there. Reporter we just got an update on the injury, five people injured in this shooting. Let me get out of the way and dwight street. Police still investigating. The shooting happened not far from the Red Hook Houses out of the apartment complex here on dwight street. Thats where we also saw, not too long ago, one victim hobbling back home after being released from the hospital. She had a wound on her shin. Police say the gunman drove by around 11 00 last night and fired out the car window, hitting those five people, injuries included shots to the leg, wrist, torso and one person has a more serious injury with a gunshot wound to the neck. And at this time, the gunman is still on the loose, as police are still in there, again, collecting evidence. Its unclear from my