Come on and address members of the media to tell us what is going on. She has not been seen for quite a few days. Nikkei to 25 decline of 2 . Seng, the worst run of losses we have seen since the hangover. Lets get to the currencies because the trade war is certainly having an impact the yen seen as a haven trade once again. Appreciating to 106. It at thee to see moment. Korean yuan continues its fall back as well. For thet below 1200 First Time Since january 2017. Trade tensions not between just china and the u. S. But south korea and japan taking its toll. Cny, the seven handle being breached. Gain of 1. 1 . We see the dollar index actually flat. David our top story right now, the latest on what is happening in hong kong. General strike today. Flights already cancel. A couple disruptions for public transport. Over the weekend, the city witnessed more violent protests clashed with police. Warnedthe other thing, that beijing will not let the unrest continue. Sophie kamaruddin is at the
Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us suffer, we all suffer. This is a time for us to come together. Vonnie and we have breaking news. Anthem will buy signet cigna. This had been telegraphed. Were waiting for this to become official. Anthem is buying cigna. That would work out to 48 billion, creating the Largest Health insurer in the United States. A year of talks. Tom and a moment in our financial history. I wish chris halen with you chris whalen was here. Ive never seen a headline that says anthem combined company sees accretion a
Billion in market cap. That is equivalent to three teslas, three yahoo s, two netflixes, or one mcdonalds. So does the stock have further to fall here . Could this be the best opportunity to buy apple the whole year . Guy adami, what do you say . Thats real cute with the sock puppet there, mel. If the puppet fits, man. Listen, tims been on this. Dan as well in terms of the price reaction over the last few months. Its definitely hit a soft patch. Is it the best time to buy . I dont think so. I think technically now it sets up to move toward levels we last saw in mid december and a couple times in january. Effectively 105. Doesnt mean the companys broken. Doesnt mean its not a great stock. It just means technically thats what it should do. What could it be a cause of . I think this china move has farreaching ramifications. Who knows if its margin calls manifesting themselves in the selling of apple . It could be a number of things. But think 105 is a level you look to on the down side. W
10ye 1 10year yield highest since july the gop does move closer to tax reform what does that mean for investors . Ge is down sharply after a wider than expected Third Quarter miss slashing the full year guidance, revenue did meet estimates in the release John Flannery said this was a very challenging quarter. While a majority of our businesses had Solid Earnings performance this was offset by the decline in power performance in a difficult market. Stay tune for david aegs exclusive with flannery. Talking with squawk about this what are your thoughts is this below 22 yeah, i actually confronted jim immelt with many of these particular issues in my last interview with him and he was very much in denial these things would occur. I point that out because today is flannerys day. This is not a report card on flannery it is a statement that says heres all the things weve done wrong. I think they did very ill advised accounting in turbines and the key phrase here is that ge capital might have
Higher one and a quarter percent. Im glad you cleared that up. Me too. Kbupg after the bell. The results of Bank Stress Tests and a number of dimpbd and buyback announcements could follow well tell you what to expect. Bid up again today big moves there lets get to the market move today. The dow, s p having one of their best gains in two months the financials leading the way there, the nasdaq is the big leader with a gain the biggest game percentage wise here lets get to the Closing Bell Exchange right now leah bennett from Westwood Trust is with us today good to see you my friend. And Rick Santelli checks in from the see me in chicago. Rick, i want to start with you because yesterday we talked about this taper tantrum that the european treasuries had had after mario said, you know, used the word reinflammation instead of disinflation, and the ecb had to walk that back today. You know, those yields havent given up all the that much as a result of that, have they . No, and that really is