Stoxx 600 now down just a touch. That rose quite nicely. The s p down a similar amount. The cable rate is up by 6 10 of 1 . Again, we faded that little move. Are trying to make sense of what is going on and i think it has pretty much given up as i think many people have, as well. As you can see, were seeing a spreadbit of a crisis between bonds and treasuries, continuing to widen out. We are not at levels that we saw before the crisis but nevertheless, we hire again. Just to show you the impact of the outage that we saw in paris a little bit earlier on, as you can see, the bulk of the morning we didnt see any trading on many of the major markets here in europe. That, we traded down toward session lows. Alix the next etf trading is going to resume at 5 15 p. M. , minutes from now. A little bit of action into the close over in europe. Jpmorgan asset manager in Global Market strategist was the front and center yesterday and over the weekend. Doubledip recession in europe, is that your cal
Their losses. The shenzhen composite fell more than 2 . Earlier this month, china plus government took unprecedented steps to bolster its stock. In greece, the latest talks on a bailout have begun this morning with the disagreement. Prime minister Alexis Tsipras says lawmakers have approved austerity measures, the creditors disagree. They say more reforms are necessary before greece can get any of the 95 billion worth of aid. Donald trump is worth 2. 9 billion. The celebrity president ial candidate has said he is worth more than 10 billion. The bloomberg billionaires index shows that the majority of his fortune comes from real estate holdings. Bp has reported his slowest quarterly profit in at least 10 years. The British Energy company has been hurt by the end of the boom in trading. The conflict in libya forced bp to write down almost as hundred billion dollars. Brent oil is 20 below its peak in may. The newest book from dr. Seuss has hit stores today. What cap should i get . Is the f
We get adp, weekly initial jobless claims and trickling out all morning, may auto sales. Fracturingsn and you manufacturing results. Jonathan for the last 24 hours its been all about the financials. Declining trading revenues. 3 wall st executives in 24 hours went into inspect haitians expect expectations management road. Mode. Jpmorgans cfo at good the sentiment. Bloomberg spoke with james gorman who is knowledge to he is seeing a similar trend. I think it would be hard to be anomaly. Have similar kinds if not the same in some cases. Theres enormous uncertainty which typically would read tremendous volatility and its not. Its was very passive perspective. The Downside Risk at this point is up weighing the offside risk. Now,han joining us Charles Peabody. Lets just begin with you very quickly. Anr take on what seemed like orchestrated move by 3 wall st executives to come out and temper great expectations. I think the expectation was that we would have some sort of seasonal slowdown. Th
Check the market and talk to the judge. Dagen we have to hit your slender. We have gains on the market right now despite the betterthanexpected numbers from adp, Nicole Petallides at the new york Stock Exchange. Nicole you mentioned adp, which was better. We also got new hom home Sales Numbers better than expected, we are seeing the market with three Straight Days of selling and they might have scooped up some opportunity. Right now Dow Jones Industrial of 41 points, a gain of one quarter of 1 . Microsoft hitting new highs, Goldman Sachs and United Health care and other leaders. Intel a winner. The fear index up 6 days in a row, is pulling back a little bit. It was interesting to watch very closely to mak seve it would toa seventh day of gains. The longest streak of gains since april of 2012. Boosting the Share Buyback program 8 billion, heavy volumes, big news, keep an eye on that one. Back to you. Connell lawmakers have approved a measure to overhaul the state Public Employee pension
3. 2 . Our road map begins with a 7,000 fine, every single day, thats what gm is paying because the Company Still has not provided enough answers about its ignition switch recall. Its not the only bad headline for gm this morning. More on that. Earnings season is officially under way after alcoa reported its results after the bell. What can the aluminum maker tell us about the rest of the quarter . We will have some answers. Instead of running from facebook, companies are willing to pay a lot more to advertise on the social network. But is that good news for the companys stock . First up, though, some tough news for the auto sector. Toyota recalling more than 6 million vehicles after uncovering five different faulting involving parts ranging from steering to seats and nhtsa fining gm 7,000 a day for missing last weeks deadline to provide information about its recall for defective ignition switches. Morgan stanley cutting gm to underweight today, 33 target, guys, and what is a tough not