What happens after yesterdays big move the dow down yesterday by 2. 1 the dows worst performance going back to may 1. A lot of this was happening as we were getting comments not only from Stan Drunkenmiller and dave tepper talking about his concerns about this being the second most overvalued market he had ever seen. Comments from fed chairman jay powell all of those things adding up saying what do we need to worry about and where do we need to be concerned . Watching the treasury markets, you will see the yield for the 10year right around 0. 61 so that is with a little more pressure. Watching wti this morning, you will see that is up about 5 i think it is 2r5iding near session highs of 26 a barrel. Andrew thank you. Every day, we have a huge show another big one this morning what is on the lineup this morning. The ceo of verizon, New York Times, mohammad eleran to join us and eric schmidt who will be working with the governor of new york states and work places looking to him and that
Suspends the broadcast of nba games after a houston owner backs protesters strikes at rival airlines will help to boost revenue good morning. Welcome to street signs. One of the top stories is lse. You can see a big move in the shares down 6 . On course for the worse day since 2016 after the Hong Kong Stock Exchange dropped the bid for the lse group. Saying it continues to blee the tiup is compelling but it acknowledged it was unable to compel management. Big move in the shares down 6 joining us live from the london Stock Exchange youve been following the story closely. Yesterday, we were talking about the Charm Offensive that the london Stock Exchange Share Holders had been subjected to and now this abrupt decision can you give us more detail on what happened . Reporter absolutely. You can say it was a bit of a surprise hong kong decided to walk away and not proceed to put forward a formal offer for the lse to put that move into perspective, we did see shares trade at 16. 04 we have r
The first half of the year and hikes its dividend. The ceo says the move is driven through growth in the global indices. Our Financial Performance warrants returning a little more money to shareholders as we now have the financial strength of a Company Operating across all the major continents generating a lot of cash. And shares tumble as the cable business sheds customer. This despite hits like the avengers. Welcome everyone to the show im seema mody with euro zone manufacturing and services numbers. Data breaking right now. July final euro zone composite at 53. 9. Services number coming in at 54 versus the forecast of 53. 8. We have been hearing from various countries across the euro zone. Mixed data so far. That service is coming in at 53. 8 while in italy their Services Sector is slowing down in the month of july. French Services Manufacturing activity in july hitting a three month low. What does this mean for the currency market . Well, you can see the euro trading at 108 against
And good morning and welcome to Worldwide Exchange. Im seema mody in for sara eisen. Im dominic chu futures are shaping up to be a little bit more on the mixed side of things right now we are seeing the s p opening up just about flat if Current Conditions hold. The dow jones off by 4 points and the nasdaq up by 7 overall if you take a look at the equity picture, we are still hovering near those record highs. As a reminder the u. S. Bond market is closed today in observance of the columbus holiday season. We will have a deeper dive first, to some breaking news out of washington overnight. President trump calling on congress to fund the border wall as part of any deal for the socalled d. R. E. A. M. Ers. Nbcs tracie potts live in washington with more on that good morning, tracie. Hey, seema. Good morning, everybody. It did happen within a matter of hours. Not too long ago President Trump laying out hiS Immigration agenda for Congress Already overnight. Democrats are saying this wont work
Performance in years and 2015. A completely different story in 2016. We will talk with the funds manager about going from worst to best. Head straight to the markets. Deal threatened here. Deal that is very long in the making. Preparing to block the merger on antichrist antitrust grounds. So you see, shares are rising 3 for baker whose baker hughes. Yesterday, halliburton shares watching those as well to see how they are reacting. They are trading higher. All the way back to november of 2014. I will take a look. They say they will contest the lawsuit. The companys believe the doj reached the long the wrong conclusion and that its action productive they are both down relatively sharply going back to that date. This is adjusted. They are falling also with Global Energy prices. That has weighed on the stocks as well. Ofre not seeing a lot change. The nasdaq is faring the best of the three majors. To get a little more graduate ready on the mixed picture here, equal and in green on the scre