Nasdaq at 5,120. S p 5002,087 and the russell down almost a full percent. But we begin now with the big deal in health insurance. It is official. An them agreeing to buy cigna for 188 per share in cash and stock. An enterprised are value of 54 billion. Straight to bertha coombs. Combined anthem and sigma would unseat United Health to become the largest u. S. Health insurer with 150 billion in annual revenues. More than 50 million members covering nearly 1 in 5 americans. Anthems ceo joseph swedish aide mitts put admits putting the two big firms together will be challenging but with that scale they can generate operating savings and make them more affordable. It will improper our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and afford ability for our customers. But the anthem deal taken with aetnas proposed merger with humana would result in the big five insurers becoming the big three. One antitrust lawyer tell
Release of the Federal Reserve minutes. The dow is on track for its lowest close. Lets get more on the trading action. Bob is here on the floor as always. Ne energy stock s dragging us down we were weak right at the outset. You see around 10 30 we just dropped. Thats when the inventories came out. Barrels, import surge. Thats very bearish for prices. The bottom line is right. Exxon and chevron weighing on it. You have a lot of countries worried. You can buy russian as well. We saw dow stocks moving down but there was some Collateral Damage here. I pointed out the sxe which is the Semiconductor Sales in china. Theres Collateral Damage here. Look at the declines. Yes, you see walmart down. I put it in there because thats a 52week low. Finally i just want to note talk about a tough day for a new oil etf. Theres a new one that came out. Its a basket of all the new refining oil stocks. That just came out. Thats a basket of refiners like marathon and valero and well update that in the next f
States has been taking a renewed interest. It is decision day at the south african high court. The ruling could decide the fate of the anc leadership race. Is 8 a. M. Across the emirates. 5 00 a. M. In london. Im yousef gamal eldin in dubai. Theet us take a look at Market Action here across the Asian Pacific where we can see yet fresh eyes again. Gmm is the function on your homework terminal. As you can see, equity indexes are they sickly in the green save for hong kong. A little bit more on that later. It really is about yen weakness against a stronger witness a stronger u. S. Dollar. The nikkei 225 climbing 1 higher. The broader index in japan is added to gains for three straight weight three straight days. The reason is wall street closing at a fresh record high. A lot of people were worried about Hurricane Irma coming onshore and doing a lot of damage. The damage was just a fraction of what the estimate was. But there are still a lot of people without power. The msci asianpacific r
Roundtable with tomand trend locked together. Daschle and trent lott. Jonathan very quickly, a big print in the eurozone, core inflation a fouryear high. , up. 6 . Gh on the euro treasuries on offer at the margin. Of the Market Action. Lets get you up to speed on the top stories. Here is emma chandra. Emma President Trump warned there could be a major conflict with north korea if diplomacy fails, telling reuters the u. S. Would love to solve the issue peacefully, but said it is very difficult. At the United Nations Security Council today, secretary tillerson will try to showed north korea the world is against it. In france, the president ial election is a week from sunday. At a rally and nice, Marine Le Pen did not mention her plan to pull out of the euro, but said macron lacked french fry use. Tell thes are ready to u. K. They are united when it comes to brexit. There will be a summit in brussels to discuss the uks departure from the block. They will warned the u. K. Against trying to
The duchess of cambridges sister, pippa, marries in berkshire. Now on bbc news, its time for click. Guards welcome to the south coast of england, and the countrys biggest fortification, dover castle. They say an englishmans house is his castle. This week, this castle is mine. Like every other home in the land, it needs to be well defended, because these days, it is constantly under attack. The walls may keep out burglars, but todays digital invader is wily, and can worm its way in through the smallest gaps. Last weeks global cyber attack on companies in around 150 countries shows just how vulnerable systems can be, even if you are not called into clicking dodgy links. So this week, were looking at cybersecurity. Its me versus the bad guys out there. And they might be small, but theres a lot of them. So what can i do to shore up my defences . One thing is through biometrics. Gadgets already recognise our fingerprint, and now banks are starting to identify us using our voices. So how sec