Judy heim and has been julie hasas been marketing been following the market. Number, welladline above the 195,000 estimated. Then you looked at the average hourly working average Hourly Earnings number. Bad from thisf report and overall the read right now is negative. Stocks bouncing around a little bit ever since the number came out. Look at the sectors on the move. Materials discretionary health care, energy. All trading lower. Initially we would have seen a spike. Also wanted to look at the currencies and see how that is shaking out in the wake of jobs. If you look at the rates market and see the 10 year yield arising, one would expect we see dollar strength. And wanted to look at the commodities. Gold, copper, and oil. A little bit of an anomaly, reaction to this report. Brazil is the big story when it comes to global. Brazil is the place to find it. After authorities said they were investigating former president , which may have implications. All of this sending brazilian stocks h
The week. Joe as we were talking about earlier, it felt like a summer friday, even though it is not summer yet. Not a lot of volatility. Alix one stock that didnt feel like a summer friday was apple. The decline actually taking off dow. Ints off the apple was responsible for half of the decline the Dow Jones Industrial average saw today. We saw a report from japan that apple is going to have production costs of its iphones and sluggish sales. The stock could recover for most of the day. Banks were a very difference story. This is a five day intraday chart. You can see that huge jump up there when earning started to come out and banks really able to hold onto that rally. However that rally builds on cost cuts. How much more just how much more juice can they get out of joe we saw a drifted lower on the twoyear and 10 year. 1. 75 on the 10 year. To be expected on a quiet trend. Scarlet the big mover got crushed, the most among the major currencies. Its as after the central bank stepped up
In on the markets right now. Ramy. Head over to ramy im going to call the session on to middle because we have going between the red and the green. You can see that we are pretty much at the zero mark across all of our major markets. Less than a 10th of a percent down across the board here. Some of this confusion might be coming from some negativity and positivity from the u. S. As well as around the world. U. S. Factory output from march down. Output upactory and china gdp up 6. 7 , which is on target. Let us also switch to look at right now and the u. S. Dollar is lower across the board against these major currencies. 1. 42 for the dollarbritish pound and one dollar will get you ¥108 down there. I will also talk about oil because it is on the mind of everyone as we head into sunday as that is going to be the round of the doha conference. Down, but off of the order of nearly 3 here. When it comes around, if those countries do fail to make any kind of freeze, you might expect to see o
Can we do about it plus four stocks to trade those global water fear approximates. We begin with shares of General Electric hitting sevenyear highs on the back of its latest earnings. The stock has not closed at 29 or above since yawing august of. Its slightly below that and moving higher, about 12 so far this year. Is all the restructuring working. Mary thompson breaks it down for us. A lot of investors are at least betting it will work. Ge in the midst of a massive restructuring and it delivered stronger than expected profits for the thirty quarter even as revenue missed estimates. The better than expected earnings helped by strength in the aviation and transport businesses and the news it plans to sell its majority stake in the Consumer Finance arm has helped to push shares to the highest level this is seven years. The exchange will lead to a 20 billion buyback, twothirds of the 30 billion in capital ge is returning to shareholders this year. 2015, of course, has been a transformati
Move a vote of confidence in the economy. This morning we want to hear what you think. Has your confidence in the economy recovered since the Great Recession . How do you expect a rise in shortterm Interest Rates to impact your spending and saving . Our phone lines are opening. We have split are from lines along income brackets. If you make under 25,000, the phone number 2027587800. 8000. If you make 51,000 to 100,000 2027488002. If you make over 100,000 8003 is your number. You can catch up with us on social media and twitter and facebook or email us. A very god thursday morning to you. A very good thursday morning to. Headlines beginning with the New York Times. Fed raises rates closing chapter of u. S. Recovery. The front page of the Financial Times. Historic gamble for yellen. To the front page of the business section of the New York Times. Shares rise as wall street takes the news in stride. Usa today. Liftoff the headline. Region ans recovery stork milestone wednesday as the Fede