Is your function appetite for risk diminishing for a second day . Equities major equities are declining with mixed sessions for currencies and bond yields, especially in the core commodities, and the earnings season continues. Quarterly sales of shampoo dropped in europe amid the intensifying battle of the consumer goods market, putting pressure on prices. Becausey profit prices of demands from adhesives. Proctor and gamble and Companies Like henkel, down by 3. 8 percent today, facing a rapidly changing market without long share of established band brands to retailers being nibbled away. Matters of a german nature, the biggest steel maker in germany said that debts soared in the Third Quarter after increased Raw Materials prices. They helped to drive a quarterly profit increase because of the recovery in prices, steelmakers have seen profits rebound as part of the broader industry recovery as chinese demand strengthens and the asian nation closes plants to ease a global glut. Euro, aga
Are to be saving their own country, theres a need for genuine readiness to negotiate and compromise and be president at the next talks. This is the opportunity we would like to offer them. Mark the u. N. Announced it would resume a delivery in syria after they were suspended after a deadly attack on humanitarian convoy. House Speaker Paul Ryan says congress has the votes it needs to override an expected president ial veto of a bill that would let 9 11 victims sue saudi arabia. President obama believes the measure could leave u. S. Officials open to retaliatory lawsuits in foreign courts. For the second time in two weeks, u. S. Bombers flew over south korea in a show of force aimed at the north. Pyongyang recently tested its biggest warhead ever. Im Mark Crumpton in new york. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Coming up, apples plan for self driving car is a tie with formula one franchise mclaren. How about electric scooter maker lit motors . We wil
Courts. Southombers flew over korea in a show of force aimed at the north. Pyongyang tested its biggest war had ever. Im Mark Crumpton in new york. Bloomberg west is next. Emily im emily chang and this is bloomberg west. Apples plan for self driving car is a tie with formula one franchise mclaren. How about electric scooter maker lit motors . Plus a flurry of startups pricing their ipos is weak. We will look at how investors feel about deal activity in Silicon Valley. President obama highlighting how text is driving growth in africa. We will sit down with one of the ceos of one of the countrys most promising startups. A flurry of reports attempting to look under the hood of apple plus highly secretive heartland. People say the iphone matter is taking a strategic stake in mclaren. The Financial Times reporting apple may want to buy the company outright which would likely be its biggest acquisition since its 3 billion by of beats. Mclaren denies talking to apple and the ceo said i can co
Rally . The market really is our only story today. We start as we often do with sue herrera. Hi sue. Hi ty. Another extremely volatile day on the street. Stocks deepen the red. We touched down 300 points a few moments ago. If you take a look at from yesterday, the dow is now down more than 550 points since tuesdays session high. Lets check everything, and all the numbers for you at this point. The Dow Jones Industrial average off 265 points. The transportation average is also sharply lower on the trading session. Transports are down 113. The yield on the tenyear note well below 2 right now at 1. 804 . The 30year auction, were going to get those results in just a few moments. Lets run through two sectors that are really hurting today. Big energy. You can see deep in the red on a percentage basis. Exxonmobil chevron, Conco Phillips all to the down side. The financials also getting hit hard in todays trading session. Goldman saks Jp Morgan Bank of america, citigroup, wells fargo all down
Investments we need to make to train our future work force and to create an environment in which we can care for the elderly. The think americans will remain optimistic but this did of the economy . If we have not tackle the things we have just talked about like the cost of education, the Housing Market . We are figuring out some philosophical issues about taxing and funding . I think the economy has been growing slowly and steadily all in the absence of any movement, which we have seen over the test of the last year. I have worked on guantanamo for the past 10 years. My sense is that if there is some movement until the positive direction, which have not seen out of washington and enter a long time, in a long time, at least we will not see head winds. We are making some progress. I see that continue. I want to come back to what todd said earlier. I am concerned about confidence being fragile. Todd reference what happened until august of 2011. We saw in limited to lie confidence tank. M