As for stocks this morning, lets take a look at the futures. Youll see right now that it looks like the futures are indicated a bit lower. Of course this is coming after 7 days in a row of gains for the dow. Its the first time its strung together 7 days in a row of winning streaks for the entire year. The dow futures are down by 85 points. S p futures off by 10 and the nasdaq by 28. Imports and exports both down. In the baltic. Theres a Cocktail Party and theres one to drop the baltic index which peaked in july and hasnt been this low in awhile. Were all embracing it because it helps the emerging markets and takes pressure off of us in terms of leading the world. Somebody else plays along with us, there it is. So now growth concerns again. And fisher is going to be on at 6 30 and here we are again. Is it true theres never a good time to have a baby . Theres never a good time to raise Interest Rates ever. I think any time is a good time for a baby. Its never the perfect time so just do
Bloombergs julie hyman has the latest Bloombergs Julie Hyman has the latest. Selling off on the news. Julie it has not been as dramatic a reaction. Lets take a look at stocks. All three major averages are falling to their lows of the day, down pretty sharply here. If you look at the interpretations i have been seeing and hearing about on the past hour of bloomberg tv of the fed statement, there is nothing to warn of this kind of reaction. Didal he said the fed not do anything that differently in this statement, aside from acknowledge what has been going on out in the world, but not really raise any sharp alarm bells. If you take a look at the intraday chart of the s p 500, this move is even more stark. Some vacillation when the statement came out. After unusual as people read through thats not unusual as people read through it. Then, sharply lower. Again, now falling to the lows of the session. Interest rate expectation being priced into the fed funds futures, 21 chance of an increase
Thursday, july 17th. Good evening, everyone and welcome. Political risks hammered stocks leading to a triple digit loss on the dow jones average and s p 500s worst decline since april. It began late morning with news a malaysia jet from amsterdam crashed over Eastern Ukraine. All 295 on board were killed. Immediately speculation arousal that the plane flying close to the russian boarder in an area controlled by separatists were brought down by a miss l. The stock picked up steam when the israeli Prime Minister instructed the ground attacks supported by tanks, artillery and naval guns. The dow fell 161 dropping below 17,000. Nasdaq all 6 2 to 4363 and s p 500 down 23 off 1. 2 . Safety seekers poured into treasuries sending Prices Higher and yields lower. Gold gained more than 1 , even the price of wheat rose because ukraine and russia are producers of the commodity. Unanswered questions about what happened to the boeing 777, what brought it out of the sky as it cruised above Eastern Ukr
Thursday, july 17th. Good evening, everyone and welcome. Political risks hammered stocks leading to a triple digit loss on the dow jones average and s p 500s worst decline since april. It began late morning withews a malaysia jet from amsterdam crashed over Eastern Ukraine. All 295 on board were killed. Immediately speculation arousal that the plane flying close to the russian boarder in an area controlled by separatists were brought down by a miss l. The stock picked up steam when the israeli Prime Minister instructed the ground attacks supported by tanks, artillery and naval guns. The dow fell 161 dropping below 17,000. Nasdaq all 6 2 to 4363 and s p 500 down 23 off 1. 2 . Safety seekers poured into treasuries sending Prices Higher and yields lower. Gold gained more than 1 , even the price of wheat rose because ukraine and russia are producers of the commodity. Unanswered questions about what happened to the boeing 777, what brought it out of the sky as it cruised above Eastern Ukrai
Thursday, july 17th. Good evening, everyone and welcome. Political risks hammered stocks leading to a triple digit loss on the dow jones average and s p 500s worst decline since april. It began late morning with news a malaysia jet from amsterdam crashed over Eastern Ukraine. All 295 on board were killed. Immediately speculation arousal that the plane flying close to the russian boarder in an area controlled by separatists were brought down by a miss l. The stock picked up steam when the israeli Prime Minister instructed the ground attacks supported by tanks, artillery and naval guns. The dow fell 161 dropping below 17,000. Nasdaq all 6 2 to 4363 and s p 500 down 23 off 1. 2 . Safety seekers poured into treasuries sending Prices Higher and yields lower. Gold gained more than 1 , even the price of wheat rose because ukraine and russia are producers of the commodity. Unanswered questions about what happened to the boeing 777, what brought it out of the sky as it cruised above Eastern Ukr