Losing month for 2019, first may decline for 2012 this morning you see modest green arrows s p futures up by 2 points and the nasdaq up by about 9 points. Overnight in asia markets slightly stronger. President trump coming back from japan. You see the nikkei closed up by a third of a percentage point. Similar gains for the hang seng and the shanghai deposit up about 0. 6 in europe its a mixed picture. The ftse up by about a tenth of a percent. Stocks are weaker in it will i and in spain as well if you talk a look at whats been happening in the treasury market in the United States, youll see the tenyear is yeeling, wow, 2. 89 , so below 3 . This morning alibaba deba debating whether to offer new public shares in a second offering, this time to hong kong reported will i they could raise up to 20 billion. Theyre currently working with financial vuzers to offer the listing as early as this year. The Company Initially listed in new york in 2014 raising a record 25 billion shares of alibaba
The dow now down 4 . Nasdaq giving up 181 points. We have full team coverage. Bob pisani clocking the action at the stock exchange. Bertha coombs at the nasdaq and Jackie Deangelis at the nymex. Lets start with bob. Apple helping to turn things around. Emwas typical. The big plunge and recovery we saw all within 15 minutes. Apple opening down from thursdays lows. Recovering and testing it around 9 45. Let me show you intraday full screen of what the day looked like for apple. It doesnt do justice looking at the chart. Close was 105. 76 friday. Within less than a minute we went to 92. Down 13. At 9 45, the whole thing turned around. Ten minutes later, apple up at 102. By noon after the 11 30 close in europe, it was up 108. These are large moves. Its hard to describe how weird today is. We have two new highs at the new york stock exchange. 1239 new lows. Those are very weird numbers. We have 160 stocks advancing. We have roughly 3,000 declining. You get an idea. You dont see these number
Its iphone 10. I want to know what theyre going to do in two years after the iphone 9 is introduced, what are they going to call the next one . Already have an iphone 10. Skip to the 11 . I digress we have all the details of all the new features on that. Plus Business Leaders are making news at cnbc and Institutional Investors delivering alpha conference. Well take you live there in a little bit. Jp morgan chair Ceo Jamie Dimon is about to take the stage any minute now that conference. Well bring it to you live as it happens. Hes already making headlines today saying the bank may no longer give intraquarter trading guidance and saying bitcoin is is a fraud wow that was thats gotten everybodys attention there. Equates it with tulips if you dont know what hes talking about, look it up, kids. Lets start with the breaking news out of apple there in cupertino at the new headquarters Brian Sullivan is there with details. Brian . Reporter hey, bill and kelly, thank you very much a lot to wrap
Nasdaq futures up a and a half point. Lauren busy day for earnings. We are going to get results from amazon. United Airlines Want to avoid another bumped fiasco. Offering up to 10,000. Lauren cell phone hrch afternooncell phone hrch imp inference grch. They close out that playoff series friday. One yankee celebrates his birthday at fenway park at the yankees beat the red sox, we will have highlights. Nicole welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lauren President Trump says the u. S. Will not pull out of the north American Free trade agreement, surprising calls from leaders of mexico and canada. It is honor to deal with both pena nieto and Prime Minister and i believe the end result will end all three countries stronger and better. Trump repeatedly criticized nafta on the campaign trail calling it disaster and blaming it for wiping out u. S. Manufacturing jobs. Nicole repeal to replace obamacare is gaining support. An amendm
Discussions on the steps that could bring a 1. 1 trillion omnibus spending deal to a vote. You can see people starting to trickle in. But this is the committee where they look at policy, and they decide whether it should move forward. Budget director Mick Mulvaney just finishing up an emphatic defense of the 2017 deal, saying it was the democrats who wanted a Government Shutdown. But its the commander in chief who took to twitter hours ago warning the government needs, quote, good shutdown to fix the mess. It all comes as investors and ceos wait on tax reform and a fresh reveal of an obamacare replacement, both still simmering on the front burner. It was right here on countdown that that man, congressman andy harris, predicted that the Gop Health Plan would come back to life. Hes a member of the Freedom Caucus, hes a surgeon and, yes, we are ask the we will ask the burning question, will people with preexisting conditions be covered or be left out in the cold . The president and ceo of