Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
Are across the major indexes. The dow the worst performer today, off 200 points. Thats roughly session lows here. A lot of that though we should mention is boeing. That company reporting earnings that were better than expected but guidance for 2014 that was weak, its contributing about 50, probably closer to 60 or 70 points now of the slide were seeing on the index. Here is a look at the other indexes. We have the nasdaq which is off about 48 points at this hour. Some of the big tech names weighing on it, while biotech doing a little better. Finally the s p 500, this is one to watch. Its off about 19 points, 1773. 1770 and 1765 have been some of the key levels of support, simon, people are watching closely. Its quite clear were losing ground as we head towards the end of the session. Lets talk about the Market Action and that decision from the Federal Reserve. Joining us now, gina sanchez, Nathan Bachrach from financial network. Keith fitzgerald is here from money map press, and ron we
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