And history across america . We will take you live do a house subcommittee hearing on Cyber Attacks that have affected Healthcare Systems and we will hear from the ceo of United Health group which experienced a cyber attack. It will now come to order in the chair recognizes himself for a fiveminute Opening Statement in todays hearing is about what likely is the most consequential cyber attack and healthcare history and how could Something Like this happen . How did consolidation in a Health Insurance industry reach such a state that a single Ransomware Attack on one company crippled the flow of payments and claims for months and it was subject to the Cyber Security attack and it operates the largest electronic data interchange clearinghouse in the nation with 50 of u. S. Medical claims passthrough or touch this making it an essential link between providers and insurers and a Single Company having this much medical claims Processing Market share makes them a large target for bad actors
Lower, the s p 500 having the biggest reversal since february 2013 so what changed as tax ufori dont weighs off, it looks like fears may be back. Welcome to fast money. Thanks for being with us today remember there was a kurt ffl last week, but now Chuck Schumer and nancy pelosi say they will go to the white house on thursday, to meet with the president. Theyre expected to hash out some negotiations over this Government Spending showdown remember, friday is the day on which the government will run out of the money if they could come up with something we hope the president will go into this middle eastern with an open mind. What theyre talking about is that moment we saw last week, with the president appearing at a meeting with two empty chair for chum schumer he said he didnt see any possible de, so the democrats decided not to show up to sort of demonstrate now the democrats are going to the white house for negotiation, if there is a Government Shutdown this year, it wont likely be th
Seventy s. And eightys. And how one Canadian Community is managing the lethal combination of Climate Change and some very hungry polar bears all that more when we come back. Hello there all storm is now moving away from europe you can see it on the satellite picture is quite hard to make out but its within this massive cloud it is working its way towards the northeast clearly is still dragging a lot of cloud behind it and it certainly left its mark we saw very strong winds in portugal spain this picture is from must say in the south of france weve also got another picture from corsica so clearly we saw some very destructive winds then and that system has fortunately moved away towards the northeast and the winds are easing however its still bringing this trading leg of cloud with it and thats bringing a still a fair amount of rain and a fair amount of snow too behind that theres only a small break for the next system its working in from the atlantic of course nowhere near as vicious bu
Look at the green arrows back this morning, even though the government could potentially be shut down. S p futures up by 4. 5. The nasdaq up by 19. Well talk more about that potential Government Shutdown in a bit. Overnight in asia, the nikkei higher. Up 0. 2 . Hang seng up by 0. 4. So was the shanghai in china in europe, at least right now green arrows across the board. Biggest gainer of the major averages is the dax, which is up by almost 0. 9 percent. The tenyear yield hitting 2. 64 yesterday. Thats the highest level since september of 2014. Again, concerns about the Government Shutdown really pushing things well see what happens to the tenyear when and if a budget deal is found. Right now it looks like its setting in at 2. 63 . Some big headlines this morning. Ibm returning to Revenue Growth for the first time in five years. Shares are down. Theres weaker than expected guidance overshadowing that news the company beating on the top and bottom lines but took a charge of 5. 5 billion
European equities are trading under 30 minutes until the end of the wednesday session, rising for the first day of three with highest levels for the stoxx 600 since june 19 with all currencies falling against the dollar. Bond yields are daily gaining. Dax isnd in the diverging from the technical momentum indicator. The relative strength index. Something usually seen as negative and technical analysis. Whenivergence occurs prices make higher peaks as the dax has done in recent weeks. While the rsi makes lower highs. That indicates momentum is fading, even as prices keep going higher. The bullish trend is intact for now, according to day by day. It will be interrupted if the index ranks below 12,930. We are at 13,000, 46. 13,046. Lets stick with germany. J. P. Morgan chase and Morgan Stanley have differing views on what the ecbs policy decision next week will mean for german bonds, jpmorgan recommends taking an outright for a position in the 10 and 30 year bonds and selling fiveyear germ