Commodities will join us. He sees a 40 rally in natural gas. Thats not great if you heat your home with it. He also expects a rally in oil. The northeast is bracing for a massive storm, folk. Could Hurricane Joaquin be another Superstorm Sandy . We certainly hope not but we are tracking it all for you. We begin with investors and theyre beginning the new quarter in the red. The latest disappointing manufacturing data from the ism is adding to the weakness. We have the dow down by 164 points. The s p 500 is currently down by 14 points. And the nasdaq off by 45. Were also watching very closely, folks, over the course of the next few hours yields on the 10year note because were sitting at 2. 032 . So close to dipping back to the 2 even mark, maybe even below it after that is m number. Bob pisani joins us from the floor of the Stock Exchange. Hey there, bob. Well, it started okay, mandy. We kind of gapped up in germany and in the u. S. Lets take a look at the s p 500. But that faded very,
Tyler, we begin with the selloff on the street. A triple digit drop for the dow with the major averages down more than 1 . This is actually we havent seen since late september for the dow and the s p. Weve been sort of a little bit complacent recently after all the volatility of late august and september. The nasdaq is down by just over 1 along with the dow and the s p. Lets get more with bob pisani at the nyse because you have fears, bob, about retailers reporting this week as well as, of course, the rate sensitive stocks in the firing line as well, right . Thats right. A number of different issues here. Six stocks declining for every one advancing. Look whats popped up again, the vix. We havent seen this move double digits since the end of september. Its 16 and change. I dont get concerned until its over 20, but this is a move we havent seen in the last five or six weeks. Why the drop . Mandy is right, a couple reasons here. There is continuing concerns about the reverberations on hi
Move to raise Interest Rates. Belgium Police Arrest two suspects allegedly plotting an attack in brussels on new years eve. The arrests follow raids in three regions but they are not linked to the paris shootings. Snowstorms and flooding caused havoc for Many Americans during one of the busiest travel periods of the year. Lets check in on u. S. Futures. Yesterday some small declines at the end of it. It was down some triple digits but we managed to recoop some of the losses heading into the close. Checking in on the implied open were above fair value today. S p 500 called higher. Dow jones industrials should be gaining about 85 points at the open and the nasdaq is looking at an advantage of 25. Heres europe, a positive session so far getting an advanced lead from the asia pacific session overnight. The ftse 100 seeing gains of. 5 . The german dax, the france cac 40 and the ftse mib. Lets check in on mining shares since the commodities have been the story for 2015 and the dwindling oil
Ill tell you what you can do to fight them off. Im ali velshi and this is real money. This is real money. You are the most important part of the show. Tell me what is on your mind by tweeting me at ali velshi. United states and five arab allies continue their pounding from the air on targets on syria. But that did not halt the advance of isil fighters in northeast syria. The fighting has sent 140,000 people fleeing across the border into turkey since last week. Many of them told of homes set on fire, prisoners beheaded by isil fighters. Meanwhile, muslim extremists all the way in algeria reportedly beheaded a french hostage to show their allegiance to isil and take r revenge on france for launches airstrikes in iraq. Airstrikes was a focus at the u. N. Supreme cour Security Council. Leaders passed u. N. Resolution that made terrorist travel, and there is real fear within the Intelligence Community that theyre receiving training and then will return to their home countries to launch ter
Ill tell you what you can do to fight them off. Im ali velshi and this is real money. This is real money. You are the most important part of the show. Tell me what is on your mind by tweeting me at ali velshi. United states and five arab allies continue their pounding from the air on targets on syria. But that did not halt the advance of isil fighters in northeast syria. The fighting has sent 140,000 people fleeing across the border into turkey since last week. Many of them told of homes set on fire, prisoners beheaded by isil fighters. Meanwhile, muslim extremists all the way in algeria reportedly beheaded a french hostage to show their allegiance to isil and take r revenge on france for launches airstrikes in iraq. Airstrikes was a focus at the u. N. Supreme cour council. Leaders passed u. N. Resolution that made terrorist travel, and there is real fear within the Intelligence Community that theyre receiving training and then will return to their home countries to launch terrorist at