The lows down 234 right now and its a broad selloff financials are actually the hardest hit. You can see the yield on the tenyear approaching 2 . Investors are piling into safe haven assets like the treasures. Well talk to the ameritrade chief strategist on whether americans are doing buying on the dips. Mohamed elerian on whether geopolitical concerns could get worse and whether the fed could put any further rate hikes on hold as a result. Oh, boy. Right thats on the table right now as well. Lets begin with seema mody here on the floor of whats driving the selloff on wall street today seema . Kelly and bill, the calendar may say its summer, but it certainly feels like fall, a lot of traders reminding me historically september is the worst performing month as traders return to their desk goldman sachs, one of the most heavily traded names, surpassing its 30 day volume average, about 4. 3 million shares have exchanged hands. Its down just about 3. 5 , the second worth of we are forming
Special coverage and well have full Team Coverage over the next two hours here, bill, to talk about a lot of the market expectations. Weve seen a lot of numbers to the high side of course. Then we saw that disappointing adp jobs report today. So a lot of back and forth. Strong jobless claims. So many cross currents to work through. Of course, the story weve been following for the last couple of hours, deal or no deal . Depends on who you ask right now. Word that iran and the five world powers in those negotiations led by the u. S. In switzerland have reached an understanding that will get us to a deal by june 30th. Oil is lower on the news. Well figure out what the announcement really means. Plus well hear what president obama had to say about this development coming up a little bit here. Were also starting to hear from israel right now as well. Heres where markets stand. Well start with stocks then should talk about oil obviously. The dow is up 59 points today. A similar gain across t
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