Worldwide exchange begins right now. Good morning and welcome to Worldwide Exchange on cnbc. Im sara eisen reporting live from the imf meeting in washington, d. C. We are here at the Imf World Bank headquarters, wilfred. Its going to be an exciting day. Everybody who matters in finance and central banking is here, and so are we. Well, sara, im looking forward to it immensely, though im sad youre not here. What it really underlines is you care more about people like jack lew and Christine Lagarde than me. Which i get it, theyre important interviews. But ive taken note of that today. Just this day. Well get more on what sara has coming up on this great lineup. A busy morning ahead. Lets start by getting you up to speed on the markets. U. S. Equity futures at this hour are called lower. The dow down by 25 points. The nasdaq by about seven points. Yesterday we had strong levels of oil prices. That helped markets. We also had strong earnings from jpmorgan. Four days of gains for the Financi
Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. Im wilfred frost. We look to be in for another roller coaster ride this morning, so buckle up. While you were sleeping, heres what happened in the markets. Chi chinas stocks got slammed with selling accelerating in the final hour of trade. The shanghai comp dropped to its lowest level in a year. Despite efforts to lift sentiment ahead of the Lunar New Year holiday. A big part of the story again is energy. Oil prices sliding back below 30 a barrel. Lets have a look at price action today. Were down by about 1 . Wti, 29. 95. Brent just above 30 as we look at things this morning. Stocks around the world are following asia lower this morning. Were looking at another Global Market selloff. Lets show you what u. S. Futures are doing. Theyve been hovering around negative 100, at least on the dow, pretty much all morning. Theyre off the worst levels of the session with dow futures now indicated to open down 66, s p down 7, nasd
The World Health Organization declares the Ebola Outbreak an International Health emergency, warning the virus will continue to spread globally. And the stock trading higher in front thanks to a drop in revenues. The firms cfo tells cnbc hes backing bill gross to turn around the funds performance. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, and welcome. Youre watching worldwide exchange. Julia still on vacation. Im going to be filling in for her for the rest of today and next week, of course. Weve got a very busy show for you today. Turkey prepares to shoate. Wage his political grip on the country. Plus, as the w. H. O. Declares the Ebola Outbreak a Public Health emergency, how is the virus actually treated . We find out. And are we amid a Market Correction . We preview your trading day with a guest who thinks the moves are much ado about nothing. Lets get back to our top story. U. S. President barack obama has authorized air strikes agai
Yield . What are you guessing . Around 2 . Lets take a look and see if youre right. Yep, we manage no were at 1. 8. Pardon me for that for forgetting how low we had gotten over the last week or so in terms of what it does cost the u. S. Government to borrow for ten years. Still well better if you compare to france bore rogue. 635 or italy at 1. 6 . Road map this morning starts with Morgan Stanley suffering the same fate as breaththren. Well break down results for you. Johnson johnson posts mixed quarter. Hurt by what else strong dollar. And around the rest of the world, imf cutting its outlook. China posting its slowest growth since 1990. And qe that is certainly on the docket, isnt it for europe this week. Lets start with Morgan Stanley. Its the latest Financial Firm to miss on quarterly results, at least according to what the analyst whose follow the company had expected. In this case hurt by what appears to have been weaker trading revenue out of its fixed income unit excludeing ite