To tap into chinas 40 million on Offline Stores. With its new platform. Betty yvonne, no action here in the u. S. , of course because we are closed for the commemoration of Martin Luther king. Marketsties, the bond are all shot and the currency markets of course, continue to remain open. Shut for the day. It depends whether we will see a government shut down and how that will be priced into the equity markets when they open tomorrow morning. We are definitely watching commodities closely, and currencies, which continued to slide in the u. S. Dollar as well as well with five weeks of losses. Pretty remarkable, given that we are in a rate tightening timeframe here in the u. S. Area commodities, and currencies. We are watching those today. Yvonne yes, the dollar could be optimism for some of the asia traders here, but again, we are missing some fresh catalyst with the u. S. Markets closed. If we take a look at futures, it looks like we will be taking upons with the best we are looking at
Hours. Lets head to the markets desk where julie hyman has the latest. Bit of aeaking a losing streak, but not by much. You see a little bit of a gain, but it is a little one. We had markets open and even more little changed. The dow getting just 15 points, but that is enough to break the recent losing streak. Sessioneen on a seven that is an interesting chart. We have a little bit of a glitch. The dow had been on a seven session losing streak going into today. Here are some of the leading percentage of performers. Apple is rising as well and jpmorgan is getting some ground along with oddly the financials today and a bounce in some of the social oriented stocks. Twitter gaining after speculation about a potential buyout. That has not slowed down the stocks. Yelp to less of a degree. If you look at the financial stocks, American International Group Trading higher and the Company Announcing a new buyback authorization. Cityut with earnings, gaining ground and the oil stocks experiencing
Profitability. It all comes down to cost cuts. Hsbc heading annual cost of bout 5 billion. Jonathan he had a bit of a message for the bank of england. Alix and it come downs to the Retail Banking sector. Were going to have a big interview in the next three hours, talking commodities with the new man in charge over at oy tinto rio tinto. You look at overall at the arkets, it seems to be a risk. Jonathan s p 500 futures marginally negative. In europe, its the ftse 100 thats soft but no drama. Hsbc stands sure leading the gains. In the f. X. Market, this is the one to watch as the cable rate against the u. S. Dollar ahead of the bank of england decision. We are positive on the day but we trade at 39. 78. And ahead of pay rolls friday, ahead of the bank of england decision on thursday, yields coming in on 30year treasurys and off 30year gilds as well. Alix time warner increased its full year outlook and a 10 investment in hulu. You can glean it beat on earnings coming in at 1. 29 a share b
Of 10 Industry Groups rising led by commodities companies. It is worth pointing out msci is close to positive for the year as well. Alix i was looking at what stocks helped the dow go positive for the year. You have verizon, caterpillar and walmart leading the dow higher. There was no theme with the winter with the winners. Losers definitely had a theme goldman sachs, American Express and jpmorgan the continued pummeling of the banks we have seen. Financials do not like low Interest Rates. If there is one thing we have learned is that. Weve got so much more to talk about. We had the fomc meeting yesterday. A little bit mixed, which is interesting. Exposedyear is the most to Interest Rate sensitivities, so its interesting the yield is down on that one. Scarlet it has been a big week for Central Banks. The reaction in the currency market is one of utter confusion. Then itthe leg down and erased its gains and is stronger again. Norway does not want its currency to appreciate too much. Sca
Roundup of Friday's basketball games from The Classic at Damien, along with other tournaments that San Gabriel Valley teams participated in on Thursday.