Getting break news. Analysts we have spoken to expecting a slightly higher number, they were respecting 107. 1. Lets take a look at the fallout listed the market board up. Asian shares were a little bit lower in terms of what we saw earlier today. We saw all of that decline. 17 111. 17. 11 the german evoke confidence it fell to 106. 6. Lets get to the bloomberg first word news with near chance. Nejra the bank of japan has become a top 10 shareholder and about 90 of the nikkei 225 companies. That is according to estimates compiled by bloomberg from public beta. Vanguard which oversees more than 3 trillion. The bojs influence in stocks risks distorting valuations and undermining efforts to improve corporate governance. Officials today unveiled deputy crown prince vision for the kingdom of saudi arabia. He is looking to reduce reliance on oil. Koch sayse charles that Hillary Clinton may make a better president than any of the republican candidates. Immigrants were not thrilled democrats w
Points and the s p, moving the monitor so i cant see it. Up threequarters of a point. And the nasdaq is lower by 31 points. Where are we headed to from here . Lets get to bob pisani on the floor of the new york stock exchange. Bob . Hello, michelle. Were flat because ibm has been a drag and tech has been a drag and the question is can we hit new highs and the key, remember, may be earnings. Markets have moved up. They have been a floor under the market and the market believes that, off the low and china hasnt gone away and its been a lot quieter. Earnings have been the big problem and the missing ingredient. Weve had four consecutive quarters of negative Earnings Growth right now and q2, the one that were in now that everyone is talking about, only down about 3 and its been stable in the last week or so. Not reducing the numbers anymore. We could go positive meaning that ends. Johnson johnson and Philip Morris raised their guidance on the weaker dollar helping how the. This week its go
Nasdaq futures under pressure as well. London and paris have wrapped up abbreviated sessions. Germany, among the abbreviated markets that are closed on this new years eve. The client is in europe following a pretty brutal month for european stocks. We have seen some selling of treasuries lately. Yields higher today. A bit of a different story. Crude oil, arguably the story of the year. Down again under pressure. Both wti and brent above 30,000 a barrel. Will the s p finish in the green for the year . New years eve celebrations already kicking off around the world. Some cities canceling plans over security concerns. George lucas opening up about his breakup with star wars saying he sold out to the white slaves. Disney down 10 since november. Can the s p finish the year in positive territory . Thats a question that will be answer in the final day of 2015. Nasdaq leading with a year to date gabe of 7 . 0. 2 . Just 4. 5 points positive for the year. The dow jones, nearly, 1. 25 . Mike with
Im guy johnson. Francine im francine lacqua. We are getting breaking news out of italy. Fourth quarter gdp figures, flat. Down some 0. 5 year on year. Guy not exactly the rosy outlook you would hope for, certainly not the progress you would have hoped for if you were mario draghi. Lets shift years and talk about what the central bank is going to do today. The recipient the European Central bank goes on tour once and a while and it is on cyprus today. Francine the ecb will talk about it bond buying program, how it deals with greece. Jonathan ferro is in cyprus for the meeting. John, over to you. Thank you very much, francine. That is the big focus today. Youve seen the markets react. What does it mean for the real economy and what does it mean for countries on the periphery of europe like cyprus eston mark joining me now is the former cypriot president , amanda took cyprus into the European Union. Great to have you with us this morning. Ive had a couple of people say the conversation th
Ukraines finance minister says the wartorn country needs for more Financial Support. Draghi versus the data. The release of pmi figures. Caroline the german chancellor Angela Merkel tells tsipras to stay the course. But our words and encouragement enough . Life to berlin. Live to berlin. Ryan welcome to countdown. We go live with the regulatory burdens. What does it mean for the banks . Chinese economy is showing further signs of a slowdown with manufacturing discipline falling to and from 11 month low. That has sent chinese stocks tumbling. Shery ahn joins us with the latest from hong kong. Shery the reading came in as a bit of a surprise because economists had expected it to become a above 50, showing a slight expansion in Manufacturing Activity but instead it came in at 49. 2. That is down from february. The index is weighted more heavily toward Smaller Companies. Analysts say if the official pmi data which falls on Larger Company slides that will reinforce the view that further pol