The dow and the s p 500 are in positive territory. Lets go to the markets desk where julie hyman has the latest. Julie there was a report this morning talking to a bunch of strategists on tuesday. The brexitinduced selling could be over in the united states, which would be fascinating indeed. Still a lot to unfold commodities they come in the. K. We got the next of them pending home sales, down more than anticipated. Does not look like that will put a chink in the rally we are seeing today. Other kind of 3. 7 in may. We are watching housing stocks today. Overall we are still seeing a rally well intact today. As funny mention, the dow and the vonnie mentioned, the dow. Nd nasdaq and the green last thursday, the rally happened in anticipation of a emain vote in the u. K. Of course, that didnt happen and we have this decline. We are not back to the levels we during the close on thursday but pretty close to the levels on friday with the selloff in the wake of the vote. We are continuing to
The wednesday, june 22nd, 2016. Worldwide exchange from london begins right now. Baby please dont go if i make up tomorrow good morning, welcome to a very special presentation of Worldwide Exchange on cnbc, live from london, im sara eisen. Im wilfred frost. Welcome to london glp your turn. We are indeed, just across the river thames from the houses of parliament in less than 24 hours. An historic vote will begin to determine the uks membership in the European Union. Weve been seeing swings in sentiment and in the polls. Here is the latest the Financial Times poll of polls gives the leave camp 45 . 11 remain undecided. Weve got this thing covered for you from start to finish. Our guests for the hour include Financial Times Economic Times martin wolf. And mark astley. Jim mellone, and jacob reesmoog. Lets check in on the globe markets this morning. The u. S. Futures right now, they are flat. If we look at the tenyear note, the yield is 1. 687 . The euro gaining a little steam but about 1
Heres a rally thats not supposed to be happening. [ buzzer ] this one just wasnt in the cards. Sure, tuesdays session, day one of a rally at the britishinspired brutal selloff. That makes sense. Weave ve just gotten through w two of the worst sessions. Day two also seemed like an unusual but reasonable possibility, because we had a big takeover, surprises, rally in oil, but today . Today when the dow gamed 235 points, and the nasdaq at 1. 33 . This was outrageous in its audacity. So few people believed that it should be allowed to take place. It was a totally unexpected surprise. [cheers and applause] let me explain. Go back to a week ago, today. We had just gotten pretty close to surety, surety that the remain camp was going to win, that there would be no brexit. That the European Union would be preserved. And a house divided against itself was going to stand. And i remember boarding a plane back to new york from San Francisco with my daughter, just before the first returns were in. T
Missing . And, a look at the toxic red tide causing wildlife disasters along the southeastern coast of chile. Is it caused by el nino, or by humans . Anchor good to have you with us. Tonight, it looks like a terror attack. The Egyptian Government has said terrorism is most likely would cost the crash of an egyptair jet with 66 people on board. The plane was en route from paris to cairo when it vanished from radar over the mediterranean. The airline says that pieces of the airbus a320 have been found off the greek island of karpatho s, but a greek Transportation Safety official tonight says the debris does not come from an aircraft. French president Francois Hollande is keeping an open mind on the cause of the crash. He said, the world should wait for the evidence and not rush to judgment. News cannot come fast enough for the relatives of the passengers and crew, who are facing an agonizing wait. Reporter the english is almost too much to bear. The relatives of those on board the egypta
Im anna edwards. Im rishaad salo. Anna fascinating markets this factor we increasingly in less chance of a fed Interest Rate hike in september, that seems to be many of the equity markets are basing their move on. On throughnvestors where we have been. The asian stock market picture. We have the hang seng up by 3 10 of 1 . The asiapacific up by 3 10 of 1 . We have the aussie dollar up by half of a percent. The Australian Dollar increasing even before we got the Interest Rate decision, increasing for a sixth day. No change from the rba. We will discuss that a little later. 1. 9 as markets weigh up this commentary and agreement of sorts between russia and saudi arabia. We heard about it in the middle of the european trading day, but markets talking about those efforts to stabilize oil prices. 1326. Ice is stable at lets get the first news. The Australia Central Bank has kept Interest Rates at hold as they await the u. S. Federal reserves next move. The board left the cash rate at 1. 5 .