In the white house, continue they continue to push reopening. Stephen mnuchin says another shutdown is off the agenda. Like ait does look terrible set up when it comes to this final friday training session. The selloff looks to continue. In the u. S. , it was deep and heavy volumes as we saw that box provedy go really be wrong that came to a screeching halt. 2 trillion to write off the value of u. S. Equities in under seven hours time. The are seeing a rebound when it comes to u. S. Futures trading for the s p, seeing upside about. 5 . Chicago and nikkei futures looking positive. Still, we could see some downside in the session, particularly as we continue to see the yen, really the only outperform against the dollar. In sydney, no such luck. Futures plummeting by over 3 . We had aussie stocks falling the most in six weeks in the thursday session. We are seeing the correction extend to almost 4. 5 percent in the early part of this session as we see downside for the kiwi and the aussie
We have an exclusive interview. In hong kong the government is again rejecting calls for universal suffrage for the chief executive here. This as anger bubbled back on the streets of hong kong. Shery australian markets have just opened to trade. Lets turn to sophie for a check of what she is watching. Sophie we are seeing stocks gaining ground,. 1 with the stock market looking overheated and valuations and records. The latest, investors buying into the aussie stock rally. Environmental risk around the earnings estimates. Futures looking mixed. It is opening slightly lower, this nikkei futures under pressure ahead of japanese industrial output we will get later this morning along with taiwanese export numbers and jobless figures from hong kong. We are seeing new york crude. 1 , asground over investors consider the potential impact from the auction health in libya and iraq. Said this is a policy delay disruption and there could be a quick turnaround if there is a political solution. Liby
Earlier. That has taken sam of the focus off europe frp the session. The analysts who we talk to and will give us their research can hardly keep up with the markets attention. For one second its focus nd on greece, then on oil. It just seems to have attention deficit disorder. The d. O. W. Keeps bumping up against, up against 17850. That was the high of the session of the day. Were at 847. Were three points off of that. We cant get above that number. Weve hit 2060 on the s p today and then bounced back again. Those are two number to watch. Another one to throw in the mix there is oil. Well talk about this in a second. If it holds above the 50 mark its going to be significant at least from a psychological point of view and a strong upward session for crude today. A big change in the chicago america tile exchange thats making electronic trading more than norm. The companys head, terry duffy will join us to talk about it. Twitter, this report is being considered crucial. Investors want to
Economic inequality issues. Why the censorship of this topic . Robert, i hope you are watching. This morning, three hours discussion on class in america. We want to hear from you. We have divided the phone lines by income levels. You can see them. You make 25,000 and under and want to talk about class, income inequality, taxes, 202 5853880 is the number for you to dial. If you make between 26,000 and 50,000 a year, 202 5853881. To 100,000 51,000. Year, 202 5853882 if you may more than 100,000 a year, 202 5853883. Cspanwj. Send a tweet, you can make a comment on facebook. Send an email. From this mornings Financial Times newspaper. Inequality rises despite u. S. Recovery. Recovery and growth failed to turn around one of the defining trends of the modern economy. According to a definitive source of data on inequality, the u. S. Federal reserves survey on finances, median family incomes fell 5 . The boom in the stock market and recovery in house prices fueled gains in the wealth of the ri
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