At one point the nasdaq was in the green and then went back to a loss and accelerate from their. The momentum from the downside thatat is interesting is it seems to have sparked the selloff last week, the rise and bond yields has reversed today. We have buying and treasuries and the 10year has backed off, and yet the selling is happening in stocks. There are some individual stock specific capitalists, but overall we are headed into this correction that investors have been predicting. We are now down more than 5 . Well see where we and up at the close of todays session. With the selling of stock comes the spike in volatility, up to at numbers just below before the president ial election. It got a fix on the top and the fiveday change vix. Vix spiking, and we have not seen spikes in volatilities. Last time we saw the vix was around the president ial election, so we havent seen most like this in quite some time. We got wells fargo on the news that the Federal Reserve is not going to allow
What is happening in the u. S. Where indices are off their lowes of the day. Still a sea of red across the main boards led by greece. Italy is down by 1. 5 . Portugal 1. 9 lower. The stoxx 600 falling for the sixth day. It was down by 1. 6 and the biggest drop since september 2016. The biggest today slump since july 2016. We had the biggest weekly slot since november 2016. The dollar is in the ascendance today with all these currencies trading lower. Bond yields are declining so the haven that is bond yields, that trade is working in the bond markets favor across europe. Commodities and cds is your final two columns. Ryan air boosting its net income by 12 to 106 million in the fiscal third quarter. It launched a 750 million share buyback. On carrier valley not to add the costs of rising labor and fuel to its customers. Easyjet is forecasting summer fare increases over the demise of rivals. Ryanairf executive of morning today that he is willing to endure pilot walkouts rather than then
We bring you the results. Welcome to countdown. I am mark orton. Mark barton. We bring you the conversation you will not want to miss. Caroline it is a decisive week for greece and the greek minister begins with a visit to merkel. It is the second meeting in five days between the leaders. They failed to reach a deal last week at the european leader summit. 4 mark we will go to berlin shortly. The big story is taking place and there is a week of National Mourning. Five decades guiding the city. Tell us a bit about the the reaction to the mood. The news of his death is difficult to process for many. He was in Critical Condition for several days. The government kept the nation updated and was preparing for the eventuality. Until last night, young and old showed affection for the founding father. Many gathered at the hospital. Social media had an outpouring of condolences and tributes came from around the world. They knowledge the huge loss. The minister called him one of the greatest lead
A legend of nucleotide with a very welcome my team here in moscow. This is asi international with the latest. Well news update is good to have you with us that we start with the latest from the russian city on thorn yes. Which has come under a fresh round of ukrainian shilling. Eye witnesses say several blasts, a rock to residential neighborhood. The bloss scouted shrapnel across the area, damaging several cars and buildings. His, our correspondence ramon calls are reporting from the thing. According to preliminary information, at least one civilian was killed and at least 4 civilians were wounded as a result of ukrainian artillery attack against residential areas in done. Thats great. Now we are in one of the areas that was struck by ukrainian nationalist. This is a cafe and it was so full of people during rush hour right now you can see that its well destroyed and theres still food on the table. People apparently were not able to finish their meals and people who were outside fell vi