For the s p 500 in the last week, and then there was a lot of selling. The nasdaq was briefly in the green before fading back down. Seems as though the concerns last week about higher Interest Rates and the feedback loop into the u. S. Economy are persisting. As well as the sense that the market was overdue for a correction, even as we get some investors saying that it is no cause for alarm. We have seen the point swing increase in the averages. The s p and the nasdaq, with a trading range in the s p 500, swung back to the market. They really hadnt been there in the past year. You see a clear up trend in the average in terms of the swings in the points in the s p 500. This as we watch the vix today go to its highest since november 4 of 2016. The worst performing group today, speaking of a return to volatility, the s p 500 volatility index. We are definitely seeing a risk off scenario that has to do with whats going on with the earnings from these companies. Hass becomes the latest to r
Good morning, welcome to countdown. I am caroline hyde. I will bring you immediately what we are missing in terms of training trade this morning. Can seetle bit we currently at the moment, we seeing the shanghai composite up more than 3 in current trading. Of course, perhaps not as exuberant as many were expecting. Member, since mainland stocks have been close, the hang seng has gone up 11 . Why not the flurry to face significant catch ups . Stocks,comes to chinese the all country world index is up for six straight days. We saw it up in the biggest rally since 2011 on the all country word index. We are certainly seeing risk aversion, pointing lower. I want to get straight to hong kong now, as we know, the markets open. Lets get up to shery ahn in hong kong. A little less Risk Appetite looking at japan. Shery good morning. A bit of a mixed picture in asia, but at least the Chinese Markets coming back rising. They are catching up to the global rally. We had investors speculating that the
And fight if you want to do that. Shoot people, innocent people that didnt do nothing to you. The death comes squft two weeks after her father died from stomach cancer. Crosses covering a lawn in san pablo avenue. That memorial grew to 131 crosses this year, one for each person murdered in oakland during 2012. Family members of some victims join forward a special Memorial Service inside of st. Clum yurks joining together ] r s in the new year. Treet violence in other parts of the bay area as well, police recovered a handgun they believe was used in a deadly shooting today adding to the citys high homicide rate. The shooting happened on louis road just blocks from the Santa Clara County fair grounds, Police Called to the shortly before 9 30. They arrived and found a man dying from one gunshot wound two. People have been detained but police say the shooting is not gang related. There are some cameras. We havent been able to pull up what is on cameras just yet. But investigators will be a
We start giving that back a little bit. We did see some big gains across the board. If you check out currencies, youll see right now that the dollar is higher against the euro and the yen. Euro is trading at 11. 3764 and the yen is at 103. 94. And the tenyear note spoke of 2. 8 on wednesday. Thats the highest level its seen in just about two months. You can take a look and see its just below that at 2. 79 . Andrew has some of todays top corporate stories. News this morning, joe referenced it earlier, citigroup federal is under investigation in a criminal probe under their mexican unit banamex. The question for citigroup is whether investors ignored signs of money laundering. Theyre facing a civil investigation in the securities and exchange enforcement unit. Citi released earlier bamamex uncovered apparent fraud. So just when you thought is citigroup was out from under it, it has further reserve about its capital. Also now taking on tesla securities, a notice it intends to appeal new j
President and his allies continue their efforts to discredit an election that trump lost, efforts that are failing one by one in michigan. Michigan, pennsylvania, georgia, other key states. Our coverage begins this morning with Senior National correspondent Alex Marquardt in washington. Reporter chris krebs might not be a name that most American Voters know, but he played the biggest role in making sure americans could go to the polls and cast their votes safely and security as the head of the cyber arm, krebs has been pushing back more and more agrees civil 4ri6 in the days following the election against claims that the vote was rigged, that votes changed and were fraudulent and that Voting Machines were manipulated. On the last count on tuesday krebs tweeted a letter from top Election Officials saying in part these claims have been either unsubstantiated or technically incoherent. Perhaps the biggest crime in the president s eyes that led to krebs getting fired by a tweet was his age