Let us know which you think about todays top stories by following me on twitter at rishaadtv, use trendingbusiness as well. Another 30 minutes to go before the chinese session kicks off. David here is david. A lot of data coming through. We had the gdp numbers out of reaction onjerk dollaryen. Japann lows of the moment under a little pressure, asia mixed. The has erased kospi has erased most of its gains. We are watching for the apple effect. Three,re apples big these guys need apple as much as apple needs these three. Has 850,000 employees, roughly speaking. These are the guys that make the iphone. The taiwan dollar has been driven up. When you talk about the companies that need apple the most. Herea look at this graphic. As you make your way down the list, you have the likes of , andron, japan displays others that get a lot of Software Revenue from apple. Debate iphone, a big whether it is something new and will help the trend in china, but a lot of companies depend on what happens t
Area. He Inflation Forecasts are the real key. The australian bombshell. There is a time to her three times every year where the wind shifts. This morning feels like that. With the australian shock of new low rates. Of deflationregime and disinflation fighting going on as we speak. Francine its something we have been trying to fight. I guess this is a shift in the wind. Realization that Central Banks seem powerless when it comes to fighting inflation. Lets go straight to bloomberg first word news. Republican president ial front runner donald trump may be on the verge of delivering a knock out blow. Poll shows trump with a 15 point lead over ted cruz. Cruz says he will keep campaigning in a longshot bid. For the democrats, Hillary Clinton and Bernie Sanders are in a tell you race in indiana. 90 of the delegates she needs to become the nominee. European companies are rushing now that International Sanctions have been lifted, but they are doing it without their favorite banks. Many of eur
Down. Scarlet i struggle with inventory numbers because there was a smaller than estimated build in crude inventories. Bigger than estimated in gasoline. It is difficult to make out what to make of it. It is sort of difficult to figure out what is going on, Technical Levels in the 40. I know you will work on it. Thank you. Moment,rading at the energy had been the best performing group within the s p even with oil coming down now, it seems as though major averages are holding up well. The are certainly near highs of the session. I have been watching volume seeing Trading Volume down today, the fed minutes coming out at 2 00 p. M. The only place we see a substantial surge in am is industrials. All the Industry Groups are seeing pullbacks involving them today and overall for the s p 500, lower than the 10 and 20 day averages. It is interesting that again we are seeing Stock Market Holding up. Besty is no longer the performing group. It is now health care supporting the gains in financial
Stocks, 25 of the 30 are positive so far today and were keeping an eye on energy again, as well. Exactly. Down here, one of the indexes that will often list up here on the boards is energy index. Look at that one off 122 points. Again, just reiterating the pressure seen, renewed on crude oil today and down another 3 settling around 55 bucks and change. Natural gas by the way. Its had a 10 move lower in 2 sessions. I was going to say. See how nimble they are in the booth . We know they are but lets see if they can show us natural gas because it is down sharply and for good reasons if you like warm weather. Yes. Correct. The socalled i95 corridor on the east coast expected warmer than expected temperatures over next ten days or so and thats taken the wind out of the sails, plus that inventory report of last week. Right. Flip side, not so good stuff with the Energy Complex is a move on the rating side you heard on the European Oil Majors and again some talk of whether we are seeing a bott
Northern suburbs got about half an inch of flow and sleet. You now its changed over to rain and we have light rain over West Virginia, moderate rain north of richmond, be passing south of fredericksburg. Closer to washington a few sprinkles in this patch much green in Montgomery Howard Frederick County maryland. Northern anne arundel county. This will be tracking off north and east. But we still have a possibility of light rain over the next three or four hours. Right now all above freezing. Near 50 southern maryland. Low to mid40s central shenandoah valley. But this area in purple still a Winter Weather advisory. Some slippery spots until 8 00 this morning. Just some isolated slick spots northern Montgomery County a little bit of slushiness up there as well as into northern and we were Loudoun County. Coming up next weather and traffic, a look at our roller coaster temperatures over the next 24 hours. Chuck bell joins us live now in the storm team 4 x 4. Reporter we are here in northe