Of the s p 500. Just about a half a point higher. We are going to be hearing from travellers United Technologies verizon and many more out later this afternoon. Its all about tech. Beyond earnings here the other big stories were watching this morning in greece today the government submitted a bill needed to officially start talks in the rescue package. The Prime Minister has until tomorrow night to get the measures adopted in parliament. Increasing year over year last month but only slightly. This shows how a slowing economy is hurting Investor Confidence and in Corporate News out today, the ceo was stepping down. This comes after an independent investigation says he was aware the company was inflating his profits over a number of years. Ibms earnings top which normally happens but revenues fell for a 13th straight quarter. It had to be because of the stronger dollar. You dont get revenue drops of 13. 5 . I dont know what organically it was. The strong dollar continuing to weigh on the
So, he trusted them too much, it turned out. Sunday night at 8 00 eastern on cspans q a. Next, economic scholars and banking experts discuss Monetary Policy and the impact of past Federal Reserve actions on small and large Financial Institutions. This was held by the American Enterprise institute. Its about an hour and 45 minutes. Good morning and welcome to the American Enterprise institute. This morning we have a very interesting policy session entitled how has a decade of extreme Monetary Policy changed the Banking System . Weve assembled a panel of experts, who well introduce you to in a minute. But before that, let me just set the stage here. As you all know, the financial crisis changed the Banking System. The resolutions that happened in the crisis integrated commercial and Investment Banking like never before. These resolutions created todays too big to fail institutions. The crisis led to greatly expanded fed emergency liquidity support. The fed became the lender of first reso
Today. Lets get to the Global Markets report u. S. Equity futures right now are looking a little bit lower dow futures indicated down by 68 points this comes after the dow closed above 23,000 for the First Time Ever and it did so in a powerful way with the dow gain of 160 points yesterday. Right now it looks like the nasdaq is indicated to open down by 31 points the s p futures are indicated down by 9 points overnight in asia, china reporting Third Quarter gdp growth of 6. 8 , in line with expectations, but you can see a pull back in both markets. The shanghai composite off by a third of a percent in japan, stocks closed higher again, up 0. 4 21,448 ibm, that was almost 15 points, 5 in the morning, 6. 7. 9 at one point. Cramer was going nuts there were all the naysayers, after 22 straight quarters of declining revenue and still there and there were the questions about the tax issues those were the consensus, cramer against consensus, saying it was more about the next quarter and the In
Persist. And Divide And Rule we get the inside track on the business thats split the world up into 57 trillion three metre squares, each with its own code. Its an innovative approach to mapping thats being taken up by the likes of the red cross and deutsche bahn. Dont forget, we always want to hear from you about anything on the programme its easy to get in touch, just use the hashtag bbcbizlive. Welcome to the programme, stay tuned for that inside track, it is fascinating, this three metres square here has its own unique code, we will explain that for you later. The eu and china will attempt to deepen ties at a summit later. There is concern among some about us president Donald Trumps stance on trade and Climate Change. Chinese premier li keqiang will meet European Council president donald tusk and the head of the European Commission jean claude juncker. Chinese premier li keqiang will meet European Council president theyre looking at how they can counter Donald Trumps policy of putti
It was only supposed to last half an hour. Instead it was two hours. 2 15 in fact. Details what was discussed hine closed doors. Were learning hack attacks hitting Nuclear Facilities in the u. S. And abroad. The clues pointing to russian hackers. More on the alarming threat. David well get back to that. Riots in hamburg. Market stocks soaring on heels of a better than expected jobs report. Phil flynn at cme in chicago to tell us about commodities. First to Nicole Petallides on floor of new york stock exchange. Nicole, the jobs numbers, they liked them. Abs you absolutely. You saw the board with red and green. Apple leading Dow Jones Industrial average as it closes up about 93 points, moved into positive territory on heels of better than expected job growth. That really gave a boost to the futures before we traded this morning. You saw the pop. Dow finished higher and s p 500 and what is interesting about the nasdaq, it has snapped a recent losing streak that weve seen for the nasdaq an