Ipo again. And what is the deal with netflix . Picking up a new sitcom to take on an old sitcom. Tuesday, september 17. Thats what it is today. You are watching Worldwide Exchange. It begins right now. Good morning. Welcome to Worldwide Exchange. Im in for brian this morning. Indicating the dow will open lower after snapping an eightday win streak you can see the dow jones is off by 27 the s p by 2 one bright spot, the Energy Sector that coming off its best day since january as we saw oil soar bond market showing some signs of activity. That 10year note yield dropping 2. 2 lets go worldwide in the asian trade. We did see movement here in japan. We are up flat but the hang seng up in the european trade, we are seeing a little bit of that with the dax off. And the cac by about. 02 as well following an attack on the two biggest Oil Facilities reporting that american intelligence says the strikes originated from tehran as President Trump says he is in no way ready to jump to a military res
I cant see me loving nobody but you meanwhile, gold and bonds are booming. Can these assets continue to rally together i thought it was the loving spoonful. The turtles ding ding, nice job by tim welcome. We love it when youre here. I know its a long day whats the question . Now at 24 times forward earnings continuing to make alltime high s to answer your question, where can you still be we havent said this in a vacuum something is happening in the gold they gold mining stocks are breaking to the up side. Im not even sure its a great question theres a lot of things that should be flashing caution on the there. Three year lows on they. What is a healthy market, is really the question. If you own cocacola, peppist, mcdonalds, starbucks, these are defensive stocking probably going higher, and the valuation probably doesnt even matter. Staples hitsing new highs, bonds going up, bitcoin going up, stocks going up. Whats the message in that its really simple. Now if youre just looking at the
We need you back, so be well. Thank you, charles. We begin with breaking news. Some of the worlds top bank stocks are losing chunks of their market cap as we kick off the final hour of trade, and that is dragging down the broader market. Dow jones industrials and, by the way, everything is off the lows of the session, but still the dow is down about 184 points. We had been down about 465. We are looking at whats going on here regarding the selloff. Its erasing much of the ground the bulls had gained during this hour yesterday. If you look at the Dow Jones Industrials 2day chart, the blue chips at the moment are kind of coming back but still certainly not what happened yesterday, blasting skyward by 407 points monday afternoon. Yeah, not there yet to find that number back. The s p right now down 24 points. That loss at the moment basically yesterdays 40point gain, cant get it all back. The nasdaqs 85point sizzler just 24 hours ago has pretty much been doused, down 128 points for the nas
Apple. Lets check in on the markets and tech is the laggard of choice. The nasdaq 100, down 1 10 of 1 and we know stocks sometimes struggled in the face of raising bond yields. A look at the 10year yield pushing to 2007 highest so we are anticipating strong data we have seen out of the u. S. The macro picture looks better and that means ultimately, what that means for the federal reserve. We are looking at crine shares. China itself trying to stimulate it economy and the u. S. Are trying to impede its technological knowhow. Lets look at the individual areas of risk assets we like to focus on. With bitcoin, we have had a wild ride. His larry fink is larry fink on the side of bitcoin . Certainly. It looks like he moved to a place of solace and an area to be seen as safety and that is what seems to be talked about with the head of backlog head of blackrock. Ed there is a lot in the new cycle that is pushing individual stocks. Lucid ev maker saw it production drop 30 and casting doubt abou
That prompted south korea to release an artillery garage. No word of casualties. Earlier this month, to korean soldiers were wounded by landmines. Hasant pharmaceuticals spotd to buy pharmaceuticals. They will pay 1 billion force brought pharmaceuticals and extra spot reaches a certain milestone. Spot will start selling the female libido drug in october. Corey Hillary Clinton might not have used a private server for emails when she was secretary of state. The director implied that yesterday. Is she did have her own email account, it was just more convenient and she kept it like that and that is the thing, she did not really think it through and she had said, had she come she would have done it differently. Corey the fbi has clintons private server. The issue with the emails and whether classified materials mishandled, benton said she did not read classified emails from her private system. Former president jimmy carter both hold a press conference to talk about his cancer treatment. Las