The s p up by 3 and nasdaq up by 15 this comes after all the markets looks looked very strong yesterday. The dow was up by 260 points s p was up by 26 it was a record close for the s p 500 and thats its first since august 7th the dow closed at a onemonth high take a look at whats been happening in europe this morning. The gains we saw yesterday as concerns about irma faded a bit and, again, some concerns about north korea not quite as potent as they had been as we headed into the weekend this morning, it looks like a bit of a mixed picture in europe most of the major bourses are higher with the dax up by. 5 and a similar gain in france the ftse is down by about. 2 . Lets flip the charts and see what happens overnight in asia youll see when it comes to asia, there were some closes actually, lets go excavate to the currency check it looks like the dollar is down a little bit against the euro today. Below 120 for the first time if in several days. 1. 196. Dollar is up against the yen, 109
Board. Cac is the biggest gainer of the three major averages up by 1. 1 the dax, up by 0. 9 . The dollar, take a look. Youll see that the dollar is up against the euro, trading at 1. 17 up against the yen at 110. You can check out crude oil prices yesterday a down day for oil you saw oil stocks come under significant pressure this morning wti up by 33 cents to 47. 88 a couple of big stories were watching in the business world, well get to the politics of it all in a second, wells fargo announcing big changes to its board after a tumultuous year for the company. The chairman, Stephen Sanger will be stepping down at the end of this year former fed governor Elizabeth Duke will replace him. Wells fargos two longest serving Board Members are also stepping down. Last night wilfred frost asked incoming chair Elizabeth Duke whether she was confident the banks recent turmoil was over she said its hard to say but what were finding is the better we get at Digging Deeper and looking at various pro
Welcome back to Worldwide Exchange. Im wilfred frost along with seema mody this morning in for sara today. Good morning. Good morning. Lets check in on the global markets. Futures after a day which continued the very recent trend of the nasdaq leading the pack of these three main indices. Yesterday the nasdaq gained around about 0. 3, 0. 4 . S p was flat, the dow declined fractionally. Today all three expected to post gains if the futures are anything to go by. Not big gains. Dow higher by 36 points, s p by 1. Nasdaq by 5. 5 points. Tenyear treasury note continued the trend in terms of yields being lower than where they have been. 2. 387 the yield on the tenyear. We were at 2. 42 at close on friday. Asian equities in focus today. Mildly higher today as we look at what bank of japan governor kuroda has been saying. He and shinzo abe met today to discuss the economy. They did not have detailed talks about president elect trump, but he told abe he felt the u. S. Economy is growing steadil
Tyler mathisen off today and mandy at the New York Stock Exchange with bob pisani where, no doubt, its another wild day for equities. If you thought brian was messy, welcome to the first day of september. Currently sitting around session lows down 414 points. Bob, what kind of correlations could you make, maybe differences as well, with whats happening today from last monday . Well, certainly didnt have the selling pressure at important. Thats the important thing. Let me show you the s p 500. Last monday we had waves and waves of sell orders at the open. We did not have that today and i think that contributed to the somewhat orderly though down open. We got down to 2 and have been there and were drifting lower and sitting at the lows for the day. Let me give you headlines about the markets midday and show you what the internals are like. A man who had less selling pressure than last monday but no buying interest today and no bids and thats part of the problem. Buyers have got to get mo