And green for mostly the russell 2000 and ousting of speaker Kevin Mccarthy in the rear view, the bulls are holding on to the green by a gossamer thread and spiking bond yields barely retreated and point gain for the dow of nine measly points. Earlier gains of a gain of about 130 points and weve not come close to erasing tuesdays 430 point loss. Buyers of blue chips emerged earlier but since lost a bit of steam here. What is working kicking off the final hour of trade. To the dow heat map, theres amgen, microsoft, walmart, sales force, visa and nike in the lead. La guards are chevron laggards are chevron, walgreens, boots, 3m and not one sector getting slammed or jumping. S p up 18 points but yesterday it lost 58 points and nasdaq recovering, lets call it about 133 points of the 248 point route just 24 hours ago. Tech stocks tend to dot worst when bond yields sore those yields spiked on stronger than expected august jobs or jolt jobs opening and labor reports and thats got investors be
Friday session. Down by one point 5 today, we had the Catalan Parliament voting to implement an independent state. Spain senate giving spain the power to take control over catalonia. The plot thickens, the imf down by 1. 5 . The stoxx 600 is up for the six week in seven. The euro down for a second consecutive day, over two days since the ecb announced the whole roster news yesterday. The euro down almost 2 . The biggest today declines in september. We have the 10 year rising today. , weerday, with the reverse saw european bond yields declined on the back of the ecb news. I just want to get to ubs today, chief executive Sergio Ermotti reposting expectations for a share buyback. He talked to down the prospect of dividends increasing proportion of the profit. We saw shares lower by 1 and also subdued client activity in the fourth quarter. Revenues increasing across International Wealth management, net margins and measure of profitability. Little changed from the second quarter. A busy cou
Moments ago. I think you have sort of a false market, buoyed by zero Interest Rates and you have to be cognizant of it. Of course, covered a lot of ground. Talked valeant, apple, herbalife. But in general, nervous about very big, bad things happening in the global markets. Without a doubt. If you have a billion dollars and youre over a certain age, it seems like youre really focused on the risks. The environment doesnt feel comfortable to you. Negative Interest Rates are something you never thought youd have to contend with. And its not to say its correct or wrong, but its one of those things, everyone understands the unease. If youre somebody like carl icahn who has made his fortune putting money at risk when everybody else was panicking and it seemed like things were cheap, thats not really the environment you feel like were in right now. You had an interesting discussion about these gentlemen on twitter yesterday. In part, the conversation went, are they uncomfortable with a communi
Disturbance to the south and gives us a better rain chance this week. This weekend classic Rain Coverage which is up near the coast. How about this. I knew it would be nice. Gorgeous. Filtered sun and high clouds and also lower clouds behind downtown tampa. Sunrise officially in a couple of minutes and looks beautiful. Go out and enjoy. Mid to upper 70s. Even a few 80s. 80 in clearwater. 80 in st. Pete. Lakeland you are at 77 this morning and we it heavy storm. Lots of lightning last night and please be cautious this afternoon and look toward the eastern sky where our rain will be coming from. Also a couple of clouds around this morning but no rain bearing clouds. Closest shower 26 miles offshore that is moving away. We are actually looking to the east for midday inland rain and lateday storms building west about a 50 coverage. Here is invest 99 l which pretty much is a broad area of low pressure with a lot of moisture. There is a lot of wind shear. Stronger. See the reds Near Southeas
Futures down 35 points. S p futures up close to 6. Nasdaq down by close to 11. If you take a look at whats been happening in early trade, you do see green across the board. Angela merkel was dealt with a setback with election theres. The dax is up by 1. 5 . Cac up by. 33. Ftse,. 50 . And bank of japan with a meeting today. And here are some of the big stories that we are watching for you on this monday morning, the u. S. Condemning the latest attack in turkey. Leaving 37 dead, 125 injured. Officials say a car bomb targeted civilians the a bus stop. Meantime here in the United States, there are multiple injuries after an amtrak trail derailed in kansas. At least five cars jumped the tracks. The train was headed from l. A. To chicago. There were 142 passengers and crew on board. And flooding in louisiana and mississippi claiming at least four lives and forcing thousands to leave their homes. Flood warnings remain in effect across much of the region as rivers are at dangerously high level