Americans, its bad. The infection adds to the oil slump. Shery lets get you started with a quick check of the markets. We were seeing earlier losses gaining three tents of 1 , but its still early in trading coming off the worst day again since 1987 and losses accelerating and falling to session lows. President trump talked about economic disruption lasting well into the summer. The dow now falling to the lowest level in two years. Losse talking about a 30 since the peak in february. We are seeing the Downside Pressure with the s p 500 index. Every sector on the s p in the red with losses of at least 7 . Financials and real estate leading the declines. , fallingave small caps more than 12 . U. S. Futures at the moment, a little upside. Up 6 10 of 1 . We will see how things shape up as the asia session gets underway. Amid thesia wideranging meltdown with more central bank rates, moving to boost liquidity we had on monday. The bank of korea delivering a 50 basis point cuts in emerging mee
Back on social media. She is back on social media. I deserve to get all the crap in the world for this. You are my idol. When did this happen. Can you get kellyevans. The old handle is gone. What happened the addiction . No, we can talk about it later. Well talk about it later. Its a new age. You need a digital presence. I will never have facebook but i have twitter you can almost monetize it. You can. I never have. But when you write your opens he circulates all hes a multimedia you have so many channels. Multimedia. You have all of these channels for delivering your content. I have to figure out how to monetize it though but we have to monetize the next three hours and we want to monetize it for our viewers. Lets tell you whats happening today. Were counting down to a major market event today fed chair jay powell is set to speak at the jackson hole summit at 10 00 a. M. Eastern time and we want to get you ready for that this morning. We have a huge lineup coming up hes going to be jo
They are small potatoes. Kathleen i had an interesting conversation with bill dudley and i am putting that comment of small potatoes from bill dudley seenrspective we have much worse, however, he is convinced as well that, rate hikes will continue and is interesting to me that it isnt just u. S. Fed officials but other central bankers downplay the stock market volatility. We heard it from greg spencer yesterday, and we heard it from ecb officials yesterday, saying it will not affect the policy path. Unless it gets worse and last longer. Yvonne we heard the boe chiming in and it is fueled by the selloff that we saw overnight. Interesting contest of last week, or earlier this week that the worst may be and this is a technical shakeup given the fact that most of this market with short volatility, but now that trade is that, perhaps the dust settles, we should be ok. But today was an indication that we could see more to go. Kathleen may more dust coming, we shall see. The s p dropped takes
I like it watch weeks later. Its relevant yeah. The wisdom. Absolutely. Global markets report lets check in on how were coming out of the overnight session. Looking at u. S. Equity futures the dow, s p a bit lower implied for the open same for the nasdaq. Coming off records again yesterday. How about overnight in asia. Well see how they react to the feds tightening yesterday which did not phase markets. The nikkei is up 0. 2 . I believe they had an earthquake in japan overnight as well the shanghai down about a quarter of a percent european equities, seeing how the theyre continuing, green pretty much across the board. France and italy leading the way with a half percent of gains ftse just a bit higher crude is coming off a flinday win streak you know, crude for wti is over 50 a barrel brent over 56 a barrel both down a quarter of a percent. Small declines for nat gas well talk about Hurricane Maria. Just thinking, japan, mexico, maria. Think about the last 30day period i know. Normall
The dodgers you dont score like that. This was a great series played out to game seven the perfect ending would be a great i remember when the reds won, i didnt want a nail biter. You just want it over for houston fans, they love the 51. For everyone else the franchise never won before i was hoping for something where where you stayed up late. There they are. I didnt get to see it. Im happy for them. Somebody said the dodgers are celebrating in these strange orange jerseys larry king was not happy theres jim crane. Had him on as a guest. Did you see larry king behind home plate i did not scowling. I think thats his natural face im becky quick. Joe kernen is here andrew is out today. Weve been watching u. S. Equity futures. Yesterday we saw the nasdaq hit an intraday high during trading. It ended up giving some of that back by the end of the session the dow and nasdaq ended higher. This morning there are a few givebacks. Dow futures down by 14 points. S p futures down by 4. Nasdaq off b